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State Gas LimitedASX:GAS Stock Report

Market Cap AU$9.4m
Share Price
AU$0.024
My Fair Value
1Y-46.7%
7D0%
Portfolio Value
View

State Gas Limited

ASX:GAS Stock Report

Market Cap: AU$9.4m

State Gas (GAS) Stock Overview

Engages in the exploration and development of gas fields in Australia. More details

GAS fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends0/6

GAS Community Fair Values

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State Gas Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for State Gas
Historical stock prices
Current Share PriceAU$0.024
52 Week HighAU$0.058
52 Week LowAU$0.018
Beta0.38
1 Month Change4.35%
3 Month Change-17.24%
1 Year Change-46.67%
3 Year Change-90.40%
5 Year Change-95.64%
Change since IPO-93.14%

Recent News & Updates

Recent updates

State Gas (ASX:GAS) Is In A Good Position To Deliver On Growth Plans

Sep 08
State Gas (ASX:GAS) Is In A Good Position To Deliver On Growth Plans

State Gas (ASX:GAS) Is In A Good Position To Deliver On Growth Plans

Mar 13
State Gas (ASX:GAS) Is In A Good Position To Deliver On Growth Plans

Shareholder Returns

GASAU Oil and GasAU Market
7D0%-0.7%0.5%
1Y-46.7%-7.6%12.6%

Return vs Industry: GAS underperformed the Australian Oil and Gas industry which returned -7.9% over the past year.

Return vs Market: GAS underperformed the Australian Market which returned 12.2% over the past year.

Price Volatility

Is GAS's price volatile compared to industry and market?
GAS volatility
GAS Average Weekly Movement15.1%
Oil and Gas Industry Average Movement11.2%
Market Average Movement8.9%
10% most volatile stocks in AU Market18.5%
10% least volatile stocks in AU Market3.0%

Stable Share Price: GAS's share price has been volatile over the past 3 months compared to the Australian market.

Volatility Over Time: GAS's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2017n/aDoug McAlpinewww.stategas.com

State Gas Limited engages in the exploration and development of gas fields in Australia. Its flagship projects are the Reid’s Dome gas project comprising the production lease 231 permit and the Rolleston-West project covering an area of approximately 1,414 square kilometers located in the Bowen Basin in Central Queensland. State Gas Limited was incorporated in 2017 and is headquartered in Brisbane, Australia.

State Gas Limited Fundamentals Summary

How do State Gas's earnings and revenue compare to its market cap?
GAS fundamental statistics
Market capAU$9.43m
Earnings (TTM)-AU$4.23m
Revenue (TTM)AU$128.49k
73.4x
P/S Ratio
-2.2x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GAS income statement (TTM)
RevenueAU$128.49k
Cost of RevenueAU$0
Gross ProfitAU$128.49k
Other ExpensesAU$4.36m
Earnings-AU$4.23m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.011
Gross Margin100.00%
Net Profit Margin-3,294.21%
Debt/Equity Ratio3.6%

How did GAS perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/14 23:22
End of Day Share Price 2025/08/12 00:00
Earnings2024/12/31
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

State Gas Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrew WilliamsRaaS Advisory Pty Ltd