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Xstate Resources Limited (AU:XST)
ASX:XST
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Xstate Resources Limited (XST) Price & Analysis

3 Followers

XST Stock Chart & Stats

AU$0.02
AU$0.00(0.00%)
At close: 4:00 PM EDT
AU$0.02
AU$0.00(0.00%)

Bulls Say, Bears Say

Bulls Say
Low Leverage / Conservative Capital StructureNear-zero debt materially lowers financial risk and interest burden. For an exploration company facing operational volatility, low leverage extends optionality to raise project financing or secure joint ventures, reduces bankruptcy risk and preserves flexibility during prolonged cash burn.
Stronger Equity / Asset Base In 2025A meaningful equity increase and a sizable asset base provide a thicker capital buffer to absorb operating losses and support project advancement. This improves the company's ability to attract non-dilutive partners or structured farm-ins, reducing immediate funding pressure.
Very Lean Operating StructureA single-employee headcount implies very low fixed overhead and payroll obligations. That lean cost base preserves cash runway relative to larger peers, enabling scarce capital to be directed to exploration or conserved between financings—an enduring advantage for early-stage resource plays.
Bears Say
Revenue CollapseRevenue declining to zero removes any internal revenue cushion and indicates the business is not generating commercial cash inflows. Over a multi-month horizon this undercuts self-funding capacity, weakens partner confidence, and heightens reliance on dilutive external capital to sustain operations.
Persistent Negative Cash FlowSustained negative operating and free cash flow signal ongoing cash burn and inability to self-fund exploration or development. Continued deficits compress runway, increase funding urgency, and make the company susceptible to equity dilution, asset disposals, or halted programs if financing is delayed.
Worsening Profitability And Margin VolatilityA move from profit to deeper losses across successive years reflects unstable margins and weak earnings quality. This undermines long-term sustainability, hinders the ability to internally fund drilling or development, complicates JV negotiations, and signals execution or commodity exposure issues.

Xstate Resources Limited News

XST FAQ

What was Xstate Resources Limited’s price range in the past 12 months?
Xstate Resources Limited lowest share price was <AU$0.01 and its highest was AU$0.07 in the past 12 months.
    What is Xstate Resources Limited’s market cap?
    Xstate Resources Limited’s market cap is AU$4.80M.
      When is Xstate Resources Limited’s upcoming earnings report date?
      Xstate Resources Limited’s upcoming earnings report date is Sep 16, 2026 which is in 38 days.
        How were Xstate Resources Limited’s earnings last quarter?
        Xstate Resources Limited released its earnings results on Mar 30, 2026. The company reported -AU$0.007 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.007.
          Is Xstate Resources Limited overvalued?
          According to Wall Street analysts Xstate Resources Limited’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Xstate Resources Limited pay dividends?
            Xstate Resources Limited does not currently pay dividends.
            What is Xstate Resources Limited’s EPS estimate?
            Xstate Resources Limited’s EPS estimate for its next earnings report is not yet available.
            How many shares outstanding does Xstate Resources Limited have?
            Xstate Resources Limited has 479,892,940 shares outstanding.
              What happened to Xstate Resources Limited’s price movement after its last earnings report?
              Xstate Resources Limited reported an EPS of -AU$0.007 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 4.762%.
                Which hedge fund is a major shareholder of Xstate Resources Limited?
                Currently, no hedge funds are holding shares in AU:XST
                What is the TipRanks Smart Score and how is it calculated?
                Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                  Xstate Resources Limited Stock Smart Score

                  3
                  Underperform
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                  Fundamentals

                  Return on Equity
                  Trailing 12-Months
                  Asset Growth
                  68.09%
                  Trailing 12-Months

                  Company Description

                  Xstate Resources Limited

                  Established in 1987 and based in Fremantle, Australia, Xstate Resources Limited focuses primarily on the exploration and production of oil and natural gas, with a significant portion of its operations located in the United States. The company holds a diverse portfolio of assets, including a 25% working interest in Canada's Red Earth and a 35% working interest in Alberta Plains. Additionally, it possesses a 20% working interest in the Anshof-3 exploration well situated in Austria. Within California, USA, Xstate maintains a 33.33% working interest in the Borba Natural Gas Prospect Drilling and has various working interests, ranging from 10% to 30%, in oil and gas leases throughout the Sacramento Basin. Beyond its hydrocarbon ventures, the company also owns a 12% stake in the King Brown gold tenement.

                  Xstate Resources Limited (XST) Earnings & Revenues

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