Strike Energy Past Earnings Performance
We're still processing the latest earnings report of this company
Past criteria checks 0/6
Strike Energy's earnings have been declining at an average annual rate of -44.7%, while the Oil and Gas industry saw earnings growing at 16.1% annually. Revenues have been growing at an average rate of 75% per year.
Key information
-44.68%
Earnings growth rate
-27.99%
EPS growth rate
| Oil and Gas Industry Growth | 32.60% |
| Revenue growth rate | 74.99% |
| Return on equity | -41.61% |
| Net Margin | -211.37% |
| Next Earnings Update | 30 Jul 2026 |
Recent past performance updates
Recent updates
Narrative Update • Jun 16
STX: Future Index Changes Will Balance Governance Tensions With Steady Long Term Metrics
Analysts have adjusted their price target on Strike Energy, reflecting updated assumptions around slightly higher forecast revenue growth to 16.66%, a modest uplift in projected profit margin to 16.13%, and a marginally lower future P/E of 23.62x. The fair value estimate remains at A$0.10 and the discount rate is unchanged at 7.00%.
Narrative Update • Jun 02
STX: Index Changes And Profit Assumptions Will Support Future Share Repricing
Analysts have adjusted their A$ price target for Strike Energy, reflecting updated assumptions around discount rates, revenue growth and profit margins. These changes flow through to a much higher future P/E estimate.Narrative Update • May 08
STX: Future Index Changes Will Balance Governance Tensions With Steady Long Term Metrics
Analysts have adjusted their view on Strike Energy's valuation, with a revised A$ price target that reflects updated assumptions for revenue growth, profit margins, a lower future P/E multiple, and a slightly higher discount rate. What's in the News Strike Energy Limited (ASX:STX) added to the S&P/ASX Emerging Companies Index, putting the stock on the radar of investors who track smaller growth-focused indices (Key Developments).Narrative Update • Apr 23
STX: Index Removal And Higher Margins Will Support Future Share Repricing
Analysts have raised their A$ price target for Strike Energy by A$0.20, reflecting slightly higher assumptions for revenue growth and profit margins, as well as a modestly lower future P/E multiple in their updated models. What's in the News Strike Energy Limited (ASX:STX) has been added to the S&P/ASX Emerging Companies Index, increasing its visibility among smaller growth focused names (Key Developments).Narrative Update • Apr 08
STX: Index Removal And Higher Margins Will Support Share Repricing
Analysts have lifted their price target on Strike Energy to A$X.XX from A$Y.YY, citing updated forecasts that point to revenue growth of about 33%, a profit margin nearer 55%, and a slightly lower future P/E of around 9.4x. What's in the News Strike Energy Limited (ASX:STX) was added to the S&P/ASX Emerging Companies Index, which increases its visibility among smaller growth-focused names (Key Developments).Narrative Update • Mar 25
STX: Index Changes And Richer Margins Will Support Share Repricing
Analysts have adjusted their A$ price target on Strike Energy, keeping fair value and discount rate steady while updating assumptions for revenue growth, profit margins and future P/E. This reflects revised expectations for how the business mix and earnings profile could play out over time.
Narrative Update • Mar 10
STX: Stronger Margin Outlook Will Support Future Upside Potential
The analyst price target for Strike Energy has shifted slightly from A$0.15 to A$0.15. This fine tuning is linked to updated assumptions for higher projected revenue growth, a stronger profit margin profile, and a lower future P/E multiple, offset by a higher discount rate in the valuation model, according to analysts.Narrative Update • Feb 24
STX: Future Outlook Will Balance Governance Tensions With Steady Long Term Metrics
Analysts have trimmed Strike Energy's fair value estimate from A$0.11 to A$0.10, reflecting updated expectations for a higher discount rate, a shift to 15.66% revenue growth, a slightly lower 12.99% profit margin, and a reduced future P/E of about 30x. Valuation Changes Fair Value: trimmed from A$0.11 to A$0.10 per share.Narrative Update • Feb 09
STX: Governance Tensions Will Support Repricing Opportunity In Shares
Narrative Update on Strike Energy Analysts have revised their fair value estimate for Strike Energy from A$0.21 to A$0.20. This change reflects updated views that combine higher assumed revenue growth of 57.93% with a reduced forecast profit margin of 28.92%, a slightly higher discount rate of 6.854%, and an updated future P/E of 12.99x.Narrative Update • Jan 25
STX: Higher Revenue Outlook And Margin Assumptions Will Support Upside Potential
Analysts have trimmed their price target for Strike Energy to A$0.15 from A$0.15, citing updated assumptions that combine higher modeled revenue growth and profit margins with a lower implied P/E multiple. Valuation Changes Fair Value: The model estimate is slightly lower at A$0.1483 compared with the prior A$0.1517.Narrative Update • Jan 10
STX: Governance Tensions Will Support Repricing Opportunity In Shares
Analysts have trimmed their price target for Strike Energy from A$0.22 to A$0.21, citing updated assumptions around revenue growth, profit margins, and a lower future P/E multiple as key drivers of the change. What's in the News Strike Energy issued a notice of annual general meeting of shareholders dated October 13, 2025, setting the meeting for November 13, 2025 (Key Developments).Narrative Update • Dec 26
STX: Future Outlook Will Weigh Governance Tensions Against Steady Long Term Metrics
Analysts have reaffirmed their price target for Strike Energy at 0.11, citing only marginal improvements in long term revenue growth assumptions, profit margin forecasts and future valuation multiples that were not sufficient to justify a revision. What's in the News Strike Energy issued a notice of annual general meeting, setting November 13, 2025 as the date for shareholders to vote on board composition and other resolutions (company announcement).Narrative Update • Dec 12
STX: Future Outlook Will Reflect Lower Revenue And Equity Raise Dynamics
Analysts have reduced their price target on Strike Energy from A$0.15 to A$0.11, reflecting a more cautious view on revenue growth and profitability. This now implies a higher future earnings multiple to justify the stock's valuation.Analysis Article • Nov 26
Little Excitement Around Strike Energy Limited's (ASX:STX) Revenues
Strike Energy Limited's ( ASX:STX ) price-to-sales (or "P/S") ratio of 4.9x might make it look like a buy right now...Analysis Article • Oct 30
Estimating The Fair Value Of Strike Energy Limited (ASX:STX)
Key Insights Using the Dividend Discount Model, Strike Energy fair value estimate is AU$0.11 With AU$0.10 share price...Narrative Update • Oct 25
Profit Margins and Market Moves Will Reshape Western Australia Gas Outlook
Analysts have revised their price target for Strike Energy, maintaining the estimated fair value at $0.15 per share. They cite stronger revenue growth projections but caution that slimmer profit margins and an elevated future price-to-earnings ratio temper the overall outlook.Narrative Update • Oct 11
Tightening WA Gas Markets Will Drive Energy Transformation
Strike Energy's analyst price target was lowered from A$0.17 to A$0.15 per share. Analysts cited disappointing cost increases, weaker growth projections, and concerns about potential reserve downgrades as key factors for the revision.Narrative Update • Sep 27
Tightening WA Gas Markets Will Drive Energy Transformation
Analysts have revised Strike Energy’s price target downward to A$0.169, citing concerns over cost increases, a discounted stake sale indicating weak confidence, and potential reserve downgrades, leading to a reassessment of project risks and reduced near-term upside. Analyst Commentary Goldman Sachs cites concerns over Strike Energy's recent cost increases, which are considered disappointing.Narrative Update • Sep 04
Tightening WA Gas Markets Will Drive Energy Transformation
The consensus Analyst Price Target for Strike Energy has been reduced to A$0.184, primarily due to weakened market confidence from Carnarvon’s discounted stake acquisition, rising project costs, and concerns over a potential Walyering reserve downgrade. Analyst Commentary Recent stake acquisition by Carnarvon occurred at a 25% discount, indicating reduced market confidence in Strike Energy’s valuation.Analysis Article • Jul 31
Risks Still Elevated At These Prices As Strike Energy Limited (ASX:STX) Shares Dive 26%
Unfortunately for some shareholders, the Strike Energy Limited ( ASX:STX ) share price has dived 26% in the last thirty...Analysis Article • May 07
Optimistic Investors Push Strike Energy Limited (ASX:STX) Shares Up 32% But Growth Is Lacking
Those holding Strike Energy Limited ( ASX:STX ) shares would be relieved that the share price has rebounded 32% in the...Analysis Article • Apr 02
Here's Why Strike Energy (ASX:STX) Can Afford Some Debt
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
New Narrative • Feb 02
Upcoming South Erregulla Gas Station Will Capture Market Share By 2026
Strategic initiatives in project portfolio monetization and South Erregulla positioning enhance potential revenue and operational efficiencies.Analysis Article • Sep 30
Strike Energy (ASX:STX) Has A Somewhat Strained Balance Sheet
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • Mar 29
Is Strike Energy (ASX:STX) A Risky Investment?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • Dec 05
Is Strike Energy (ASX:STX) Using Too Much Debt?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • Aug 18
Strike Energy Limited's (ASX:STX) Intrinsic Value Is Potentially 37% Above Its Share Price
Key Insights Strike Energy's estimated fair value is AU$0.55 based on 2 Stage Free Cash Flow to Equity Current share...Analysis Article • Apr 21
Strike Energy Limited (ASX:STX) Shares Could Be 28% Above Their Intrinsic Value Estimate
Key Insights The projected fair value for Strike Energy is AU$0.36 based on 2 Stage Free Cash Flow to Equity Current...Analysis Article • Jan 06
A Look At The Intrinsic Value Of Strike Energy Limited (ASX:STX)
Key Insights Strike Energy's estimated fair value is AU$0.3 based on 2 Stage Free Cash Flow to Equity Current share...Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How Strike Energy makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 25 | 73 | -154 | 17 | 0 |
| 30 Sep 25 | 73 | -156 | 16 | 0 |
| 30 Jun 25 | 73 | -157 | 15 | 0 |
| 31 Mar 25 | 73 | -88 | 12 | 0 |
| 31 Dec 24 | 73 | -18 | 15 | 0 |
| 30 Sep 24 | 59 | -5 | 16 | 0 |
| 30 Jun 24 | 46 | 9 | 17 | 0 |
| 31 Mar 24 | 27 | 5 | 17 | 0 |
| 31 Dec 23 | 8 | 2 | 16 | 0 |
| 30 Sep 23 | 4 | -8 | 17 | 0 |
| 30 Jun 23 | 0 | -18 | 18 | 0 |
| 31 Mar 23 | 0 | -18 | 17 | 0 |
| 31 Dec 22 | 0 | -18 | 17 | 0 |
| 30 Sep 22 | 0 | -17 | 16 | 0 |
| 30 Jun 22 | 0 | -16 | 15 | 0 |
| 31 Mar 22 | 0 | -16 | 15 | 0 |
| 31 Dec 21 | 0 | -16 | 15 | 0 |
| 30 Sep 21 | 0 | -5 | 14 | 0 |
| 30 Jun 21 | 0 | 7 | 13 | 0 |
| 31 Mar 21 | 0 | -36 | 12 | 0 |
| 31 Dec 20 | 0 | -79 | 11 | 0 |
| 30 Sep 20 | 0 | -88 | 9 | 0 |
| 30 Jun 20 | 0 | -97 | 8 | 0 |
| 31 Mar 20 | 0 | -51 | 7 | 0 |
| 31 Dec 19 | 0 | -5 | 6 | 0 |
| 30 Sep 19 | 0 | -4 | 5 | 0 |
| 30 Jun 19 | 0 | -3 | 3 | 0 |
| 31 Mar 19 | 0 | -2 | 3 | 0 |
| 31 Dec 18 | 0 | -1 | 3 | 0 |
| 30 Sep 18 | 0 | 0 | 3 | 0 |
| 30 Jun 18 | 0 | 2 | 3 | 0 |
| 31 Dec 17 | 0 | 2 | 3 | 0 |
| 30 Sep 17 | 0 | 3 | 3 | 0 |
| 30 Jun 17 | 0 | 4 | 3 | 0 |
| 31 Dec 16 | -1 | 5 | 3 | 0 |
| 30 Sep 16 | 0 | 5 | 3 | 0 |
| 30 Jun 16 | 0 | 5 | 4 | 0 |
| 31 Mar 16 | 2 | 3 | 4 | 0 |
| 31 Dec 15 | 2 | 2 | 4 | 0 |
| 30 Sep 15 | 2 | -4 | 4 | 0 |
Quality Earnings: STX is currently unprofitable.
Growing Profit Margin: STX is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: STX is unprofitable, and losses have increased over the past 5 years at a rate of 44.7% per year.
Accelerating Growth: Unable to compare STX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: STX is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-23.9%).
Return on Equity
High ROE: STX has a negative Return on Equity (-41.61%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/09 17:23 |
| End of Day Share Price | 2026/07/09 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/06/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Strike Energy Limited is covered by 8 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Dale Koenders | Barrenjoey Markets Pty Limited |
| Josh Kannourakis | Barrenjoey Markets Pty Limited |
| Stuart Howe | Bell Potter |