company background image
STX

Strike EnergyASX:STX Stock Report

Market Cap

AU$384.4m

7D

0%

1Y

-28.3%

Updated

20 Oct, 2021

Data

Company Financials +
STX fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance2/6
Financial Health5/6
Dividends0/6

STX Overview

Strike Energy Limited explores for and develops oil and gas resources in Australia.

Strike Energy Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Strike Energy
Historical stock prices
Current Share PriceAU$0.19
52 Week HighAU$0.18
52 Week LowAU$0.41
Beta0.25
1 Month Change-35.59%
3 Month Change-39.68%
1 Year Change-28.30%
3 Year Change58.33%
5 Year Change80.95%
Change since IPO-20.83%

Recent News & Updates

Shareholder Returns

STXAU Oil and GasAU Market
7D0%0.2%1.7%
1Y-28.3%48.7%20.2%

Return vs Industry: STX underperformed the Australian Oil and Gas industry which returned 48.7% over the past year.

Return vs Market: STX underperformed the Australian Market which returned 20.2% over the past year.

Price Volatility

Is STX's price volatile compared to industry and market?
STX volatility
STX Beta0.25
Industry Beta1.28
Market Beta1

Stable Share Price: STX is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: STX's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1997n/aStuart Nichollshttps://www.strikeenergy.com.au

Strike Energy Limited explores for and develops oil and gas resources in Australia. The company primarily focuses on the West Erregulla project located in the Perth Basin. Strike Energy Limited was incorporated in 1997 and is headquartered in West Perth, Australia.

Strike Energy Fundamentals Summary

How do Strike Energy's earnings and revenue compare to its market cap?
STX fundamental statistics
Market CapAU$384.44m
Earnings (TTM)AU$6.78m
Revenue (TTM)n/a

56.7x

P/E Ratio

0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
STX income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
Expenses-AU$6.78m
EarningsAU$6.78m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.0034
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio4.2%

How did STX perform over the long term?

See historical performance and comparison

Valuation

Is Strike Energy undervalued compared to its fair value and its price relative to the market?

56.72x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate STX's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate STX's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: STX is poor value based on its PE Ratio (56.7x) compared to the Australian Oil and Gas industry average (30.2x).

PE vs Market: STX is poor value based on its PE Ratio (56.7x) compared to the Australian market (19.7x).


Price to Earnings Growth Ratio

PEG Ratio: STX's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: STX is overvalued based on its PB Ratio (2.8x) compared to the AU Oil and Gas industry average (2.5x).


Future Growth

How is Strike Energy forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

-119.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: STX's earnings are forecast to decline over the next 3 years (-119.4% per year).

Earnings vs Market: STX's earnings are forecast to decline over the next 3 years (-119.4% per year).

High Growth Earnings: STX's earnings are forecast to decline over the next 3 years.

Revenue vs Market: STX's revenue (79.4% per year) is forecast to grow faster than the Australian market (5.4% per year).

High Growth Revenue: STX's revenue (79.4% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: STX's Return on Equity is forecast to be low in 3 years time (8.7%).


Past Performance

How has Strike Energy performed over the past 5 years?

-64.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: STX has a high level of non-cash earnings.

Growing Profit Margin: STX became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: STX has become profitable over the past 5 years, growing earnings by -64.6% per year.

Accelerating Growth: STX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: STX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-50.5%).


Return on Equity

High ROE: STX's Return on Equity (4.9%) is considered low.


Financial Health

How is Strike Energy's financial position?


Financial Position Analysis

Short Term Liabilities: STX's short term assets (A$78.2M) exceed its short term liabilities (A$11.0M).

Long Term Liabilities: STX's short term assets (A$78.2M) exceed its long term liabilities (A$14.9M).


Debt to Equity History and Analysis

Debt Level: STX's debt to equity ratio (4.2%) is considered satisfactory.

Reducing Debt: STX's debt to equity ratio has reduced from 23.5% to 4.2% over the past 5 years.

Debt Coverage: STX's debt is well covered by operating cash flow (51.6%).

Interest Coverage: Insufficient data to determine if STX's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Strike Energy current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate STX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate STX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if STX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if STX's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of STX's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average management tenure


CEO

Stuart Nicholls

4.5yrs

Tenure

AU$1,583,348

Compensation

Mr. Stuart Nicholls, B.Comm (Acct & Fin), has been the Managing Director and Executive Director of Strike Energy Limited since August 18, 2017 and its Chief Executive Officer since April 10, 2017. Mr. Nich...


CEO Compensation Analysis

Compensation vs Market: Stuart's total compensation ($USD1.18M) is above average for companies of similar size in the Australian market ($USD547.68K).

Compensation vs Earnings: Stuart's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: STX's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: STX's board of directors are considered experienced (3.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 17.6%.


Top Shareholders

Company Information

Strike Energy Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Strike Energy Limited
  • Ticker: STX
  • Exchange: ASX
  • Founded: 1997
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: AU$384.435m
  • Shares outstanding: 2.02b
  • Website: https://www.strikeenergy.com.au

Location

  • Strike Energy Limited
  • 66 Kings Park Road
  • Level 2
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 07:05
End of Day Share Price2021/10/20 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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 here.