Xstate Resources Limited, together with its subsidiaries, engages in the exploration and production of oil and natural gas properties in the United States.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.0045|
|52 Week High||AU$0.002|
|52 Week Low||AU$0.023|
|1 Month Change||12.50%|
|3 Month Change||-10.00%|
|1 Year Change||28.57%|
|3 Year Change||12.50%|
|5 Year Change||-70.00%|
|Change since IPO||-99.96%|
Recent News & Updates
|XST||AU Oil and Gas||AU Market|
Return vs Industry: XST underperformed the Australian Oil and Gas industry which returned 48.9% over the past year.
Return vs Market: XST exceeded the Australian Market which returned 20.2% over the past year.
Stable Share Price: XST is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 24% a week.
Volatility Over Time: XST's weekly volatility has decreased from 31% to 24% over the past year, but is still higher than 75% of Australian stocks.
About the Company
Xstate Resources Limited, together with its subsidiaries, engages in the exploration and production of oil and natural gas properties in the United States. The company holds participating interests of 10%-30% in various gas production assets in the Sacramento Basin, California. It also has an 12% interest in the King Brown gold tenement.
Xstate Resources Fundamentals Summary
|XST fundamental statistics|
Is XST overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|XST income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0011|
|Net Profit Margin||-175.67%|
How did XST perform over the long term?See historical performance and comparison
Is Xstate Resources undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate XST's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate XST's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: XST is unprofitable, so we can't compare its PE Ratio to the Australian Oil and Gas industry average.
PE vs Market: XST is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate XST's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: XST is overvalued based on its PB Ratio (4.7x) compared to the AU Oil and Gas industry average (2.5x).
How is Xstate Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Energy industry annual growth in earnings
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 SimplyWall St do have past financial data.
How has Xstate Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: XST is currently unprofitable.
Growing Profit Margin: XST is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: XST is unprofitable, but has reduced losses over the past 5 years at a rate of 8.1% per year.
Accelerating Growth: Unable to compare XST's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: XST is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-50.5%).
Return on Equity
High ROE: XST has a negative Return on Equity (-114.74%), as it is currently unprofitable.
How is Xstate Resources's financial position?
Financial Position Analysis
Short Term Liabilities: XST's short term assets (A$629.8K) exceed its short term liabilities (A$627.3K).
Long Term Liabilities: XST's short term assets (A$629.8K) do not cover its long term liabilities (A$15.3M).
Debt to Equity History and Analysis
Debt Level: XST's debt to equity ratio (1.2%) is considered satisfactory.
Reducing Debt: XST's debt to equity ratio has increased from 1% to 1.2% over the past 5 years.
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.
Stable Cash Runway: XST has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: XST has less than a year of cash runway if free cash flow continues to reduce at historical rates of 14.7% each year
What is Xstate Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate XST's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate XST'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 XST's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if XST'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 XST's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Andrew Childs (62 yo)
Mr. Andrew Ross Childs, B.SC. (Geology and Zoology), serves as Executive Chairman at Xstate Resources Limited since July 14, 2021. He served as Non-Executive Director of Xstate Resources Limited since Apr...
Experienced Management: XST's management team is considered experienced (3.5 years average tenure).
Experienced Board: XST's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: XST insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 121.9%.
Xstate Resources Limited's employee growth, exchange listings and data sources
- Name: Xstate Resources Limited
- Ticker: XST
- Exchange: ASX
- Founded: 1987
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: AU$14.468m
- Shares outstanding: 3.22b
- Website: https://www.xstateresources.com.au
- Xstate Resources Limited
- 31 Cliff Street
- Level 1
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 15:12|
|End of Day Share Price||2021/10/18 00:00|
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.