Loading...

Strike Energy

ASX:STX
Snowflake Description

Mediocre balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
STX
ASX
A$86M
Market Cap
  1. Home
  2. AU
  3. Energy
Company description

Strike Energy Limited explores for and develops oil and gas resources in Australia. The last earnings update was 49 days ago. More info.


Add to Portfolio Compare Print
  • Strike Energy has significant price volatility in the past 3 months.
STX Share Price and Events
7 Day Returns
-1.6%
ASX:STX
0.2%
AU Oil and Gas
0.3%
AU Market
1 Year Returns
8.6%
ASX:STX
3.4%
AU Oil and Gas
5.2%
AU Market
STX Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Strike Energy (STX) -1.6% -8.7% -23.2% 8.6% -42.7% -47.5%
AU Oil and Gas 0.2% -3.5% 5.1% 3.4% 35% -32.6%
AU Market 0.3% 1% 7.2% 5.2% 19.2% 4.9%
1 Year Return vs Industry and Market
  • STX outperformed the Oil and Gas industry which returned 3.4% over the past year.
  • STX outperformed the Market in Australia which returned 5.2% over the past year.
Price Volatility
STX
Industry
5yr Volatility vs Market

Value

 Is Strike Energy undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Strike Energy. This is due to cash flow or dividend data being unavailable. The share price is A$0.063.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Strike Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Strike Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:STX PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.00
ASX:STX Share Price ** ASX (2019-04-18) in AUD A$0.06
Australia Oil and Gas Industry PE Ratio Median Figure of 23 Publicly-Listed Oil and Gas Companies 7.88x
Australia Market PE Ratio Median Figure of 544 Publicly-Listed Companies 16.05x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Strike Energy.

ASX:STX PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:STX Share Price ÷ EPS (both in AUD)

= 0.06 ÷ 0.00

-50.12x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Strike Energy is loss making, we can't compare its value to the AU Oil and Gas industry average.
  • Strike Energy is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Strike Energy's expected growth come at a high price?
Raw Data
ASX:STX PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -50.12x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
38.5%per year
Australia Oil and Gas Industry PEG Ratio Median Figure of 17 Publicly-Listed Oil and Gas Companies 0.25x
Australia Market PEG Ratio Median Figure of 361 Publicly-Listed Companies 1.36x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Strike Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Strike Energy's assets?
Raw Data
ASX:STX PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.07
ASX:STX Share Price * ASX (2019-04-18) in AUD A$0.06
Australia Oil and Gas Industry PB Ratio Median Figure of 144 Publicly-Listed Oil and Gas Companies 1.31x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.69x
ASX:STX PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:STX Share Price ÷ Book Value per Share (both in AUD)

= 0.06 ÷ 0.07

0.96x

* Primary Listing of Strike Energy.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Strike Energy is good value based on assets compared to the AU Oil and Gas industry average.
X
Value checks
We assess Strike Energy's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Strike Energy has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Strike Energy expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Strike Energy, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
38.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Strike Energy expected to grow at an attractive rate?
  • Strike Energy's earnings growth is expected to exceed the low risk savings rate of 2.3%.
Growth vs Market Checks
  • Strike Energy's earnings growth is expected to exceed the Australia market average.
  • Unable to compare Strike Energy's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:STX Future Growth Rates Data Sources
Data Point Source Value (per year)
ASX:STX Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 38.5%
Australia Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 4.6%
Australia Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.8%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.6%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:STX Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:STX Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 -1 -1
2018-09-30 1 0
2018-06-30 2 2
2017-12-31 2 2
2017-09-30 3 3
2017-06-30 3 4
2016-12-31 -1 3 5
2016-09-30 0 4 5
2016-06-30 5 5
2016-03-31 2 9 3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Strike Energy's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Strike Energy is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:STX Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Strike Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:STX Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 0.00
2017-12-31 0.00
2017-09-30 0.00
2017-06-30 0.00
2016-12-31 0.01
2016-09-30 0.01
2016-06-30 0.01
2016-03-31 0.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Strike Energy will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Strike Energy's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Strike Energy has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Strike Energy performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Strike Energy's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Strike Energy does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Strike Energy's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Strike Energy's 1-year growth to the AU Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Strike Energy's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Strike Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:STX Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -1.42 2.79
2018-09-30 0.37 2.89
2018-06-30 2.16 3.00
2017-12-31 1.50 3.00
2017-09-30 2.96 2.75
2017-06-30 4.42 2.50
2016-12-31 -0.88 5.16 2.90
2016-09-30 -0.44 5.25 3.43
2016-06-30 5.34 3.96
2016-03-31 1.74 3.29 3.88
2015-12-31 1.98 2.24 3.76
2015-09-30 2.34 -3.74 3.63
2015-06-30 2.70 -9.73 3.49
2015-03-31 3.14 -14.10 3.29
2014-12-31 3.59 -18.47 3.09
2014-09-30 3.93 -22.32 3.23
2014-06-30 4.27 -26.18 3.37
2014-03-31 4.48 -25.53 3.61
2013-12-31 4.68 -24.88 3.84
2013-09-30 4.64 -19.55 3.98
2013-06-30 4.59 -14.22 4.12
2013-03-31 4.46 -11.22 0.16
2012-12-31 4.34 -8.22 -3.79
2012-09-30 4.53 -11.33 0.40
2012-06-30 4.72 -14.43 4.59

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Strike Energy has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Strike Energy has efficiently used its assets last year compared to the AU Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Strike Energy improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Strike Energy's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Strike Energy has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Strike Energy's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Strike Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Strike Energy is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Strike Energy's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Strike Energy's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Strike Energy Company Filings, last reported 3 months ago.

ASX:STX Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 88.93 7.72 11.52
2018-09-30 88.93 7.72 11.52
2018-06-30 63.13 7.71 2.97
2017-12-31 62.98 2.32 7.97
2017-09-30 62.98 2.32 7.97
2017-06-30 51.60 5.66 4.86
2016-12-31 50.31 3.73 7.21
2016-09-30 50.31 3.73 7.21
2016-06-30 41.62 9.87 7.21
2016-03-31 41.62 9.87 7.21
2015-12-31 36.43 7.78 6.36
2015-09-30 36.43 7.78 6.36
2015-06-30 30.31 11.78 11.69
2015-03-31 30.31 11.78 11.69
2014-12-31 35.21 6.11 8.14
2014-09-30 35.21 6.11 8.14
2014-06-30 44.89 6.22 10.62
2014-03-31 44.89 6.22 10.62
2013-12-31 41.77 6.89 3.73
2013-09-30 41.77 6.89 3.73
2013-06-30 47.14 2.55 1.41
2013-03-31 47.14 2.55 1.41
2012-12-31 57.92 0.01 5.77
2012-09-30 57.92 0.01 5.77
2012-06-30 60.96 0.01 16.50
  • Strike Energy's level of debt (8.7%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (16.5% vs 8.7% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Information is not available.
  • Unable to confirm if Strike Energy has at least 1 year of cash runway based on growing free cash flows without relevant data.
X
Financial health checks
We assess Strike Energy's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Strike Energy has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Strike Energy dividends.
If you bought A$2,000 of Strike Energy shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Strike Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Strike Energy's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:STX Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Australia Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 4.6%
Australia Market Average Dividend Yield Market Cap Weighted Average of 417 Stocks 4.3%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.6%
Australia Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Strike Energy has not reported any payouts.
  • Unable to verify if Strike Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Strike Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Strike Energy has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Strike Energy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Strike Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Strike Energy has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Strike Energy's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Stuart Nicholls
COMPENSATION A$572,944
TENURE AS CEO 2 years
CEO Bio

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. Nicholls is an energy industry professional having worked across both the up and downstreams at Royal Dutch Shell. Mr. Nicholls has experience within Finance, Commercial - Joint Ventures, Economics, Strategy and Exploration primarily from within Royal Dutch Shell's gas businesses. He has a deep knowledge of the energy system and previous experience also includes six years with the Australian Army in senior leadership positions. Mr. Nicholls has worked in Australia, The Netherlands, Myanmar and Malaysia in both a corporate and operational capacity. Mr. Nicholls holds a Bachelor of Commerce (Finance and Accounting).

CEO Compensation
  • Stuart's compensation has increased whilst company is loss making.
  • Stuart's remuneration is higher than average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the Strike Energy management team in years:

2
Average Tenure
  • The tenure for the Strike Energy management team is about average.
Management Team

Stuart Nicholls

TITLE
MD, CEO & Executive Director
COMPENSATION
A$573K
TENURE
2 yrs

Simon Ashton

TITLE
Co-Founder
COMPENSATION
A$7K
AGE
66
TENURE
22.3 yrs

Justin Ferravant

TITLE
CFO & Company Secretary
COMPENSATION
A$303K
TENURE
1.7 yrs

David Baker

TITLE
Consultant
COMPENSATION
A$481K
AGE
62
TENURE
2 yrs
Board of Directors Tenure

Average tenure and age of the Strike Energy board of directors in years:

1.7
Average Tenure
53
Average Age
  • The average tenure for the Strike Energy board of directors is less than 3 years, this suggests a new board.
Board of Directors

John Poynton

TITLE
Non-Executive Chairman
COMPENSATION
A$183K
AGE
66
TENURE
2 yrs

Stuart Nicholls

TITLE
MD, CEO & Executive Director
COMPENSATION
A$573K
TENURE
1.7 yrs

Jody Rowe

TITLE
Non-Executive Director
COMPENSATION
A$140K
TENURE
4.8 yrs

Andrew Seaton

TITLE
Non-Executive Director
COMPENSATION
A$114K
AGE
53
TENURE
1.7 yrs

Stephen Bizzell

TITLE
Non-Executive Director
AGE
50
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
07. May 18 Buy John Poynton Individual 07. May 18 07. May 18 1,000,000 A$0.08 A$76,000
27. Apr 18 Buy John Poynton Individual 27. Apr 18 27. Apr 18 1,000,000 A$0.06 A$55,690
X
Management checks
We assess Strike Energy's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Strike Energy has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

What You Must Know About Strike Energy Limited's (ASX:STX) Beta Value

If you're interested in Strike Energy Limited (ASX:STX), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … The first thing to understand about beta is that the beta of the overall market is one.

Simply Wall St -

Did Strike Energy Limited (ASX:STX) Insiders Buy Up More Shares?

So shareholders might well want to know whether insiders have been buying or selling shares in Strike Energy Limited (ASX:STX). … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … In the last twelve months, the biggest single purchase by an insider was when Non-Executive Chairman John Poynton bought AU$76k worth of shares at a price of AU$0.076 per share.

Simply Wall St -

Should We Worry About Strike Energy Limited's (ASX:STX) P/E Ratio?

The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … Strike Energy has a P/E ratio of 33.51, based on the last twelve months. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St -

Should We Be Cautious About Strike Energy Limited's (ASX:STX) ROE Of 3.4%?

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … Our data shows Strike Energy has a return on equity of 3.4% for the last year. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Strike Energy Limited (ASX:STX): Risks You Need To Consider Before Buying

The first type is company-specific risk, which can be diversified away by investing in other companies to reduce exposure to one particular stock. … The second risk is market-wide, which arises from investing in the stock market. … A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one.

Simply Wall St -

Where Strike Energy Limited's (ASX:STX) Earnings Growth Stands Against Its Industry

Examining Strike Energy Limited's (ASX:STX) past track record of performance is a valuable exercise for investors. … Below, I will assess STX's latest performance announced on 31 December 2017 and weigh these figures against its longer term trend and industry movements. … Check out our latest analysis for Strike Energy?

Simply Wall St -

Who Are Strike Energy Limited's (ASX:STX) Major Shareholders?

With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors. … Private Company Ownership Another group of owners that a potential investor in STX should consider are private companies, with a stake of 4.68%. … Thus, investors not need worry too much about the consequences of these holdings.Next Steps: With a low level of institutional ownership, investors in STX need not worry about non-fundamental factors such as ownership structure causing large impact on stock prices.

Simply Wall St -

Is Strike Energy Limited's (ASX:STX) Balance Sheet A Threat To Its Future?

On top of this, STX has produced cash from operations of AU$1.15M in the last twelve months, resulting in an operating cash to total debt ratio of 20.38%, meaning that STX’s current level of operating cash is high enough to cover debt. … Looking at STX’s most recent AU$4.27M liabilities, it seems that the business has been able to meet these commitments with a current assets level of AU$5.38M, leading to a 1.26x current account ratio. … With a debt-to-equity ratio of 3.69%, STX's debt level is relatively low.

Simply Wall St -

Does Strike Energy Limited's (ASX:STX) PE Ratio Signal A Selling Opportunity?

Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for STX Price per share = A$0.08 Earnings per share = A$0.002 ∴ Price-Earnings Ratio = A$0.08 ÷ A$0.002 = 49.7x The P/E ratio itself doesn’t tell you a lot; however, it becomes very insightful when you compare it with other similar companies. … STX’s P/E of 49.7x is higher than its industry peers (9.1x), which implies that each dollar of STX’s earnings is being overvalued by investors. … For example, if you accidentally compared lower growth firms with STX, then STX’s P/E would naturally be higher since investors would reward STX’s higher growth with a higher price.

Simply Wall St -

Should Strike Energy Limited's (ASX:STX) Recent Earnings Decline Worry You?

Check out our latest analysis for Strike Energy Was STX's weak performance lately a part of a long-term decline? … For Strike Energy, its latest earnings (trailing twelve month) is AU$1.50M, which, against the prior year's figure, has plunged by a significant -70.88%. … Strike Energy's track record can be a valuable insight into its earnings performance, but it certainly doesn't tell the whole story.

Simply Wall St -

Company Info

Description

Strike Energy Limited explores for and develops oil and gas resources in Australia. It primarily focuses on the Southern Cooper Basin Gas Project located in South Australia. The company’s exploration permits and applications cover an area of approximately 9,232 square kilometers within the Cooper/Eromanga basin. Strike Energy Limited was founded in 1997 and is headquartered in Thebarton, Australia.

Details
Name: Strike Energy Limited
STX
Exchange: ASX
Founded: 1997
A$85,937,499
1,364,087,301
Website: http://www.strikeenergy.com.au
Address: Strike Energy Limited
31-35 George Street,
Unit1,
Thebarton,
South Australia, 5031,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX STX Ordinary Shares Australian Securities Exchange AU AUD 05. Aug 2004
DB RJN Ordinary Shares Deutsche Boerse AG DE EUR 05. Aug 2004
CHIA STX Ordinary Shares Chi-X Australia AU AUD 05. Aug 2004
Number of employees
Current staff
Staff numbers
0
Strike Energy employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/18 10:30
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2019/02/28
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.