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Xstate Resources Limited (AU:XST)
ASX:XST
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Xstate Resources Limited (XST) Price & Analysis

4 Followers

XST Stock Chart & Stats

AU$0.02
AU$0.00(0.00%)
At close: 4:00 PM EDT
AU$0.02
AU$0.00(0.00%)

Bulls Say, Bears Say

Bulls Say
Conservative Balance SheetNear-zero leverage limits interest obligations and reduces balance-sheet stress while the company funds exploration. This provides financial flexibility to pursue the Diona project, although continued losses could weaken that position if external funding remains necessary.
Diona-1 Resource PotentialEvidence of repeatable gas flow supports the potential for Diona-1 to become a commercial asset. Successful artificial-lift installation and full flow testing could establish production rates, pipeline connectivity and a longer-term operating revenue base.
Access To Project CapitalExpanded placement capacity gives Xstate greater flexibility to fund appraisal and development without relying solely on operating cash flow. This is important for a capital-intensive exploration program and may extend the project’s ability to reach commercial evaluation.
Bears Say
Revenue CollapseThe disappearance of reported revenue indicates that Xstate currently lacks a dependable operating income base. Until Diona or another asset reaches commercial production, financial performance will remain highly exposed to exploration outcomes and funding availability.
Persistent Cash BurnRecurring negative operating and free cash flow shows that the business cannot presently self-fund its activities. Continued exploration spending therefore increases reliance on placements, options or other external capital, raising execution risk and potentially constraining growth.
Equity Dilution RiskThe growing pool of options and performance rights can dilute existing holders if exercised and signals reliance on equity-linked financing. While it preserves cash in the near term, repeated issuance may increase the cost of funding future exploration.

Xstate Resources Limited News

XST FAQ

What was Xstate Resources Limited’s price range in the past 12 months?
Xstate Resources Limited lowest share price was <AU$0.01 and its highest was AU$0.07 in the past 12 months.
    What is Xstate Resources Limited’s market cap?
    Xstate Resources Limited’s market cap is AU$7.20M.
      When is Xstate Resources Limited’s upcoming earnings report date?
      Xstate Resources Limited’s upcoming earnings report date is Sep 16, 2026 which is in 13 days.
        How were Xstate Resources Limited’s earnings last quarter?
        Xstate Resources Limited released its earnings results on Mar 30, 2026. The company reported -AU$0.007 earnings per share for the quarter.
          Is Xstate Resources Limited overvalued?
          According to Wall Street analysts Xstate Resources Limited’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Xstate Resources Limited pay dividends?
            Xstate Resources Limited does not currently pay dividends.
            What is Xstate Resources Limited’s EPS estimate?
            Xstate Resources Limited’s EPS estimate for its next earnings report is not yet available.
            How many shares outstanding does Xstate Resources Limited have?
            Xstate Resources Limited has 479,892,940 shares outstanding.
              What happened to Xstate Resources Limited’s price movement after its last earnings report?
              Xstate Resources Limited reported an EPS of -AU$0.007 in its last earnings report. Following the earnings report the stock price went up 4.762%.
                Which hedge fund is a major shareholder of Xstate Resources Limited?
                Currently, no hedge funds are holding shares in AU:XST
                What is the TipRanks Smart Score and how is it calculated?
                Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                  Xstate Resources Limited Stock Smart Score

                  3
                  Underperform
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                  Fundamentals

                  Return on Equity
                  Trailing 12-Months
                  Asset Growth
                  68.09%
                  Trailing 12-Months
                  Learn more about TipRanks Smart Score

                  Company Description

                  Xstate Resources Limited

                  Established in 1987 and based in Fremantle, Australia, Xstate Resources Limited focuses primarily on the exploration and production of oil and natural gas, with a significant portion of its operations located in the United States. The company holds a diverse portfolio of assets, including a 25% working interest in Canada's Red Earth and a 35% working interest in Alberta Plains. Additionally, it possesses a 20% working interest in the Anshof-3 exploration well situated in Austria. Within California, USA, Xstate maintains a 33.33% working interest in the Borba Natural Gas Prospect Drilling and has various working interests, ranging from 10% to 30%, in oil and gas leases throughout the Sacramento Basin. Beyond its hydrocarbon ventures, the company also owns a 12% stake in the King Brown gold tenement.

                  Xstate Resources Limited (XST) Earnings & Revenues

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