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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 LeverageNear-zero total debt materially reduces refinancing and default risk, giving Xstate greater financial flexibility during commodity cycles. A low leverage profile extends runway versus highly leveraged peers, supporting continued exploration or farm-out options without immediate debt pressure.
Stronger Equity Position (2025)A meaningful equity increase and sizable asset base in 2025 improve solvency and buffer operating losses. Stronger equity reduces near-term refinancing needs, supports project optionality and provides a firmer capital base for funding development or seeking partnerships over the medium term.
Very Low OverheadAn extremely low headcount implies minimal fixed corporate overhead, helping conserve cash while pursuing exploration or farm-out strategies. A lean cost structure provides operational flexibility and helps limit G&A burn, though it increases reliance on contractors for execution.
Bears Say
Revenue CollapseRevenue declining to zero by 2025 removes internal cash generation and indicates halted production or lost commercial activity. This undermines business viability, reduces leverage for negotiations, and forces dependence on external capital or asset sales to sustain operations over the medium term.
Persistent Cash BurnConsistent negative operating and free cash flow across 2023–2025 shows structural cash burn. Persistent outflows erode liquidity, heighten funding risk, and make the company reliant on capital raises or partners—difficult in commodity cycles and potentially dilutive to shareholders.
Deteriorating ProfitabilityA clear shift from profit to deeper operating losses reflects weakening margins and execution challenges. Sustained losses erode retained capital, limit reinvestment in assets, and signal uncertainty that core projects will deliver commercial returns without corrective operational or funding actions.

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$6.72M.
      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 57 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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