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Xstate Resources

ASX:XST
Snowflake Description

Flawless balance sheet with weak fundamentals.

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

Xstate Resources Limited, together with its subsidiaries, engages in the exploration and evaluation of oil and gas properties in the United States. The last earnings update was 26 days ago. More info.


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  • Xstate Resources has significant price volatility in the past 3 months.
XST Share Price and Events
7 Day Returns
0%
ASX:XST
0.4%
AU Oil and Gas
-0%
AU Market
1 Year Returns
-70%
ASX:XST
4.4%
AU Oil and Gas
4.6%
AU Market
XST Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Xstate Resources (XST) 0% -25% 0% -70% -72.7% -92.5%
AU Oil and Gas 0.4% -1.5% 6% 4.4% 30.5% -32.3%
AU Market -0% 1% 6.9% 4.6% 18.2% 4.8%
1 Year Return vs Industry and Market
  • XST underperformed the Oil and Gas industry which returned 4.4% over the past year.
  • XST underperformed the Market in Australia which returned 4.6% over the past year.
Price Volatility
XST
Industry
5yr Volatility vs Market

Value

 Is Xstate Resources 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 Xstate Resources. This is due to cash flow or dividend data being unavailable. The share price is A$0.003.
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 Xstate Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Xstate Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:XST 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:XST Share Price ** ASX (2019-04-15) in AUD A$0
Australia Oil and Gas Industry PE Ratio Median Figure of 23 Publicly-Listed Oil and Gas Companies 7.92x
Australia Market PE Ratio Median Figure of 544 Publicly-Listed Companies 16.14x

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

** Primary Listing of Xstate Resources.

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

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

= 0 ÷ 0.00

-1.93x

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

  • Xstate Resources is loss making, we can't compare its value to the AU Oil and Gas industry average.
  • Xstate Resources is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Xstate Resources's expected growth come at a high price?
Raw Data
ASX:XST PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.93x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia Oil and Gas Industry PEG Ratio Median Figure of 17 Publicly-Listed Oil and Gas Companies 0.24x
Australia Market PEG Ratio Median Figure of 360 Publicly-Listed Companies 1.35x

*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 Xstate Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Xstate Resources's assets?
Raw Data
ASX:XST PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.00
ASX:XST Share Price * ASX (2019-04-15) in AUD A$0
Australia Oil and Gas Industry PB Ratio Median Figure of 145 Publicly-Listed Oil and Gas Companies 1.31x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.67x
ASX:XST PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0 ÷ 0.00

61.22x

* Primary Listing of Xstate Resources.

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

  • Xstate Resources is overvalued based on assets compared to the AU Oil and Gas industry average.
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Value checks
We assess Xstate Resources'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. Xstate Resources has a total score of 0/6, 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 Xstate Resources expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Xstate Resources has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
4.2%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Xstate Resources expected to grow at an attractive rate?
  • Unable to compare Xstate Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Xstate Resources's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Xstate Resources's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:XST Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 4.2%
Australia Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.7%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.7%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3%

*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:XST 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:XST Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 -1 -1
2018-09-30 0 -1 -2
2018-06-30 0 -1 -2
2018-03-31 0 -2 -3
2017-12-31 0 -2 -3
2017-09-30 0 -1 -3
2017-06-30 0 -1 -3
2017-03-31 0 -1 -2
2016-12-31 0 -1 -1
2016-09-30 0 -1 -1
2016-06-30 0 -1 -2
2016-03-31 0 -1 -2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Xstate Resources is high growth as no earnings estimate data is available.
  • Unable to determine if Xstate Resources 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:XST 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 Xstate Resources Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

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

*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 Xstate Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Xstate Resources's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Xstate Resources's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  3. Xstate Resources's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
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Future performance checks
We assess Xstate Resources'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.
Xstate Resources has a total score of 0/6, 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 Xstate Resources 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 Xstate Resources'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.
  • Xstate Resources does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Xstate Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Xstate Resources's 1-year growth to the AU Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Xstate Resources'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 Xstate Resources Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:XST 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 0.13 -1.28 1.46
2018-09-30 0.13 -1.58 1.72
2018-06-30 0.14 -1.88 1.97
2018-03-31 0.11 -2.60 2.10
2017-12-31 0.09 -3.32 2.23
2017-09-30 0.07 -2.97 1.80
2017-06-30 0.04 -2.62 1.36
2017-03-31 0.03 -1.83 1.14
2016-12-31 0.02 -1.04 0.91
2016-09-30 0.02 -1.39 0.86
2016-06-30 0.03 -1.74 0.81
2016-03-31 0.04 -1.64 0.73
2015-12-31 0.05 -1.53 0.64
2015-09-30 0.06 -1.16 0.72
2015-06-30 0.07 -0.79 0.80
2015-03-31 0.09 -1.16 1.09
2014-12-31 0.11 -1.54 1.39
2014-09-30 0.09 -1.63 1.53
2014-06-30 0.08 -1.72 1.68
2014-03-31 0.04 -1.55 1.39
2013-12-31 -1.37 1.11
2013-09-30 -1.28 1.20
2013-06-30 -1.19 1.28
2013-03-31 -1.88 1.33
2012-12-31 -2.56 1.37
2012-09-30 -4.02 0.81
2012-06-30 1.25 0.89

*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 Xstate Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Xstate Resources 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 Xstate Resources 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 Xstate Resources'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.
Xstate Resources 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 Xstate Resources'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 Xstate Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Xstate Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Xstate Resources's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Xstate Resources'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.
  • Low level of unsold assets.
  • Xstate Resources has no debt, it does not need to be covered by short term assets.
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 Xstate Resources Company Filings, last reported 3 months ago.

ASX:XST Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 0.06 0.00 1.13
2018-09-30 0.06 0.00 1.13
2018-06-30 -0.32 0.00 0.41
2018-03-31 -0.32 0.00 0.41
2017-12-31 0.34 0.00 0.66
2017-09-30 0.34 0.00 0.66
2017-06-30 0.39 0.00 0.65
2017-03-31 0.39 0.00 0.65
2016-12-31 2.04 0.00 1.46
2016-09-30 2.04 0.00 1.46
2016-06-30 2.52 0.03 2.60
2016-03-31 2.52 0.03 2.60
2015-12-31 -0.08 0.05 0.04
2015-09-30 -0.08 0.05 0.04
2015-06-30 1.00 0.00 0.05
2015-03-31 1.00 0.00 0.05
2014-12-31 1.28 0.00 0.49
2014-09-30 1.28 0.00 0.49
2014-06-30 1.73 0.00 0.82
2014-03-31 1.73 0.00 0.82
2013-12-31 0.27 0.00 0.26
2013-09-30 0.27 0.00 0.26
2013-06-30 0.64 0.00 0.45
2013-03-31 0.64 0.00 0.45
2012-12-31 0.76 0.00 0.01
2012-09-30 0.76 0.00 0.01
2012-06-30 7.98 0.00 0.55
  • Xstate Resources has no debt.
  • Xstate Resources had no debt 5 years ago.
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.

  • Xstate Resources has sufficient cash runway for 1.6 years based on current free cash flow.
  • Xstate Resources has sufficient cash runway for 1.6 years if free cash flow continues to grow at historical rates of 13.4% each year.
X
Financial health checks
We assess Xstate Resources'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. Xstate Resources has a total score of 6/6, 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 Xstate Resources'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 Xstate Resources dividends.
If you bought A$2,000 of Xstate Resources 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 Xstate Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Xstate Resources'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:XST 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 2.5%
Australia Top 25% Dividend Yield 75th Percentile 5.8%

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 Xstate Resources has not reported any payouts.
  • Unable to verify if Xstate Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Xstate Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Xstate Resources 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 Xstate Resources'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 Xstate Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Xstate Resources 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 Xstate Resources'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
Cosimo Damiano
COMPENSATION A$308,281
AGE 46
TENURE AS CEO 2.9 years
CEO Bio

Mr. Cosimo Damiano has been Managing Director of Xstate Resources Limited since May 31, 2016 and has been its Executive Director since October 27, 2015. Mr. Damiano has been Chief Financial Officer and Treasurer at North American Oil & Gas Corp. since 2014. Mr. Damiano served as a Research Analyst at Morgans Financial Limited, Research Division. Prior to that, he served as Director of Upstream Investments at Mercuria Energy Group. He was a Research Analyst at BofA Merrill Lynch, Research Division. Mr. Damiano has approximately 18 years of experience in the international energy and finance industries which has spanned the entire energy value chain, from Upstream (Exploration & Production, Power Generation, Renewable), Mid-stream (Transmission & Distribution, Processing, Refining) to Downstream (Oil & Gas Marketing, Energy Retailing). He has periodically undertaking advisory roles for several oil and gas companies most notably relating to debt and equity structuring, strategic planning and marketing. He served as the Non-Executive Chairman and Director of Voyager Global Group Ltd from September 19, 2011 to March 2012. Mr. Damiano has been a Director at North American Oil & Gas Corp. since November 16, 2012.

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

Average tenure of the Xstate Resources management team in years:

2.9
Average Tenure
  • The tenure for the Xstate Resources management team is about average.
Management Team

Cosimo Damiano

TITLE
MD & Executive Director
COMPENSATION
A$308K
AGE
46
TENURE
2.9 yrs

David McArthur

TITLE
Company Secretary & Non-Executive Director
COMPENSATION
A$194K
AGE
55
TENURE
19.5 yrs

Jordan McArthur

TITLE
Joint Company Secretary
TENURE
1 yrs
Board of Directors Tenure

Average tenure and age of the Xstate Resources board of directors in years:

5
Average Tenure
55
Average Age
  • The tenure for the Xstate Resources board of directors is about average.
Board of Directors

Cosimo Damiano

TITLE
MD & Executive Director
COMPENSATION
A$308K
AGE
46
TENURE
3.5 yrs

David McArthur

TITLE
Company Secretary & Non-Executive Director
COMPENSATION
A$194K
AGE
55
TENURE
5.6 yrs

Ian Tchacos

TITLE
Non-Executive Director
COMPENSATION
A$139K
TENURE
4.7 yrs

Chris Hodge

TITLE
Independent Non-Executive Director
COMPENSATION
A$139K
AGE
66
TENURE
5.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
07. Dec 18 Sell David McArthur Individual 06. Dec 18 06. Dec 18 -1,666,667 A$0.00 A$-4,998
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Management checks
We assess Xstate Resources'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. Xstate Resources 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 Kind Of Shareholder Appears On The Xstate Resources Limited's (ASX:XST) Shareholder Register?

A look at the shareholders of Xstate Resources Limited (ASX:XST) can tell us which group is most powerful. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … With a market capitalization of AU$3.4m, Xstate Resources is a small cap stock, so it might not be well known by many institutional investors.

Simply Wall St -

Can We See Significant Insider Ownership On The Xstate Resources Limited (ASX:XST) Share Register?

The big shareholder groups in Xstate Resources Limited (ASX:XST) have power over the company. … With a market capitalization of AU$4m, Xstate Resources is a small cap stock, so it might not be well known by many institutional investors. … Check out our latest analysis for Xstate Resources

Simply Wall St -

Are Xstate Resources Limited's (ASX:XST) Interest Costs Too High?

However, it also faces higher cost of capital given interest cost is generally lower than equity. … Does XST's growth rate justify its decision for financial flexibility over lower cost of capital … Debt funding can be cheaper than issuing new equity due to lower interest cost on debt.

Simply Wall St -

Why Xstate Resources Limited's (ASX:XST) CEO Pay Matters To You

Cosimo Damiano took the helm as Xstate Resources Limited's (ASX:XST) CEO and grew market cap to AU$5.48M recently. … While one size does not fit all, as compensation should be tailored to the specific company and market, we can gauge a high-level benchmark to see if XST deviates substantially from its peers. … Typically I would look at market cap and earnings as a proxy for performance, however, XST's negative earnings lower the usefulness of my formula.

Simply Wall St -

How Xstate Resources Limited (ASX:XST) Can Impact Your Portfolio Volatility

A stock with a beta greater than one is expected to exhibit higher volatility resulting from market-wide shocks compared to one with a beta below one. … View our latest analysis for Xstate Resources An interpretation of XST's beta With a beta of 2.7, Xstate Resources is a stock that tends to experience more gains than the market during a growth phase and also a bigger reduction in value compared to the market during a broad downturn. … As a result, the company may be less volatile relative to broad market movements, compared to a company of similar size but higher proportion of fixed assets.

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Who Really Owns Xstate Resources Limited (ASX:XST)?

This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Thus, investors should dig deeper into XST's business relations with these companies and how it can affect shareholder returns in the long-term.Next Steps: Institutional ownership in XST is not at a level that would concern investors.

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Should You Be Concerned About Xstate Resources Limited's (ASX:XST) -50.44% Earnings Decline?

In this article, I will take a look at Xstate Resources Limited's (ASX:XST) most recent earnings update (30 June 2017) and compare these latest figures against its performance over the past few years, along with how the rest of XST's industry performed. … I use data from the most recent 12 months, which annualizes the latest 6-month earnings release, or some times, the latest annual report is already the most recent financial data. … For Xstate Resources, its most recent trailing-twelve-month earnings is -A$2.6M, which, in comparison to last year’s figure, has become more negative.

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Company Info

Description

Xstate Resources Limited, together with its subsidiaries, engages in the exploration and evaluation of oil and gas properties in the United States. The company holds interests in the conventional gas and oil exploration assets located in onshore California with a focus on the Sacramento basin. It also has an interest in the King Brown gold tenement. Xstate Resources Limited has a strategic alliance with Hillcrest Petroleum Ltd. The company is based in Fremantle, Australia.

Details
Name: Xstate Resources Limited
XST
Exchange: ASX
Founded:
A$3,421,472
1,140,490,898
Website: http://www.xstate.com.au
Address: Xstate Resources Limited
31 Cliff Street,
Level 1,
Fremantle,
Western Australia, 6160,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX XST Ordinary Shares Australian Securities Exchange AU AUD 02. Jan 1992
OTCPK XSTL.F Ordinary Shares Pink Sheets LLC US USD 02. Jan 1992
CHIA XST Ordinary Shares Chi-X Australia AU AUD 02. Jan 1992
Number of employees
Current staff
Staff numbers
0
Xstate Resources employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/23 10:32
End of day share price update: 2019/04/15 00:00
Last earnings filing: 2019/03/28
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


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.