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Bass Oil Ltd
(Sydney:BAS)
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Rating:58Neutral
Price Target:
AU$0.07
▲(15.00% Upside)
Action:Reiterated
Date:08/22/26
The score is primarily driven by mixed financial performance: a strong low-debt balance sheet and improved 2025 cash flow are positives, but ongoing net losses and uneven cash conversion limit confidence. Technicals are supportive with the stock above major moving averages and positive MACD, though overbought RSI tempers the outlook. Valuation is a drag due to negative earnings (negative P/E) and no provided dividend yield.
Positive Factors
Very low leverage
The conservative capital structure reduces refinancing pressure and preserves flexibility through commodity cycles. A stronger equity base can support investment or resilience during weaker operating periods, while minimal debt limits interest burdens that could otherwise amplify earnings volatility.
Negative Factors
Persistent recent losses
Recent losses show that revenue recovery has not yet translated into durable profitability. Negative operating profit limits internally generated earnings, weakens the ability to compound equity value, and leaves results more exposed to changes in commodity conditions and operating costs.
Read all positive and negative factors
Positive Factors
Negative Factors
Very low leverage
The conservative capital structure reduces refinancing pressure and preserves flexibility through commodity cycles. A stronger equity base can support investment or resilience during weaker operating periods, while minimal debt limits interest burdens that could otherwise amplify earnings volatility.
Read all positive factors
Bass Oil Ltd (BAS) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$23.86M
Dividend YieldN/A
Average Volume (3M)1.17M
Price to Earnings (P/E)―
Beta (1Y)-0.82
Revenue Growth-13.00%
EPS Growth33.33%
CountryAU
Employees8
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding367,005,950
10 Day Avg. Volume2,112,133
30 Day Avg. Volume1,167,969
Financial Highlights & Ratios
PEG Ratio-0.27
Price to Book (P/B)0.91
Price to Sales (P/S)1.39
P/FCF Ratio41.97
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bass Oil Ltd Business Overview & Revenue Model
Company Description
Operating alongside its subsidiaries, Bass Oil Limited focuses on the exploration, development, and production of petroleum and natural gas resources. Its principal holding is a 55% interest in the Tangai-Sukananti KSO production assets, which are...
Bass Oil Ltd Financial Statement Overview
Summary
Income Statement
48
Neutral
Balance Sheet
79
Positive
Cash Flow
55
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 6.08M | 7.36M | 5.71M | 6.62M | 5.79M | 2.98M |
| Gross Profit | 1.12M | 2.11M | 1.58M | 2.47M | 2.70M | 1.09M |
| EBITDA | 445.73K | 298.29K | -122.93K | 735.75K | 1.52M | -144.93K |
| Net Income | -334.71K | -683.18K | -393.83K | 269.78K | 42.59K | -601.61K |
Balance Sheet | ||||||
| Total Assets | 15.59M | 17.59M | 11.37M | 11.38M | 11.35M | 5.02M |
| Cash, Cash Equivalents and Short-Term Investments | 2.20M | 922.50K | 619.63K | 935.91K | 1.48M | 1.49M |
| Total Debt | 74.00K | 159.06K | 83.60K | 156.53K | 91.04K | 19.72K |
| Total Liabilities | 5.71M | 6.36M | 4.38M | 4.57M | 4.80M | 1.92M |
| Stockholders Equity | 9.88M | 11.23M | 6.99M | 6.81M | 6.55M | 3.10M |
Cash Flow | ||||||
| Free Cash Flow | -243.86K | 243.26K | -1.06M | 259.60K | -1.74M | -254.80K |
| Operating Cash Flow | 241.15K | 740.59K | 508.77K | 954.80K | 231.89K | -170.06K |
| Investing Cash Flow | -2.07M | -1.56M | -1.69M | -1.47M | -3.54M | -81.84K |
| Financing Cash Flow | 1.76M | 820.17K | 876.47K | -63.73K | 3.34M | 1.60M |
Bass Oil Ltd Technical Analysis
Positive
0.06
Price Trends
0.05
Positive
0.05
Positive
0.05
Positive
Market Momentum
<0.01
Negative
68.22
Neutral
62.50
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:BAS, the sentiment is Positive. The current price of 0.06 is above the 20-day moving average (MA) of 0.06, above the 50-day MA of 0.05, and above the 200-day MA of 0.05, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 68.22 is Neutral, neither overbought nor oversold. The STOCH value of 62.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:BAS.
Bass Oil Ltd Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
58 Neutral | AU$23.86M | -21.52 | -6.54% | ― | -13.00% | 33.33% | |
48 Neutral | AU$16.34M | 9.03 | 14.97% | ― | ― | ― | |
47 Neutral | AU$19.02M | -3.11 | -23.11% | ― | ― | 71.52% | |
44 Neutral | AU$17.73M | -0.42 | -46.86% | ― | -32.35% | -197.58% | |
42 Neutral | AU$18.91M | -6.67 | -6.67% | ― | ― | -283.33% |
* Energy Sector Average
AU:BAS
Bass Oil Ltd
0.07
0.05
230.00%
AU:CND
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0.02
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-41.18%
Bass Oil Ltd Corporate Events
Bass Oil posts stronger half-year results and advances gas growth strategy
Sep 10, 2026
Bass Oil reported a solid half-year financial performance to 30 June 2026, supported by resilient production and strong realised oil prices across its Australian and Indonesian assets. The company increased sales revenue slightly to $3.79 million,...
Bass Oil Releases Half-Year Financial Report to 30 June 2026
Sep 10, 2026
Bass Oil Ltd is an Australian-listed energy company engaged in oil and gas exploration and production, with its ordinary shares and options quoted on the ASX under the codes BAS, BASO and BASOD. The group is headquartered in Melbourne and supporte...
Bass Oil strikes new M sand oil pay at Bunian 6, set to triple Indonesian output
Sep 8, 2026
Bass Oil has confirmed a new oil discovery in the previously unproduced M sand reservoir at the Bunian field, part of the Tangai-Sukananti KSO in Indonesia. The M sand, already the primary producing zone in the adjacent Tangai field, delivered str...
Bass Oil flags high-risk profile in new investor presentation
Sep 8, 2026
Bass Oil Ltd has released a confidential investor presentation outlining its status as an emerging Australian oil and gas producer and the speculative nature of its securities. The document emphasises that the information is general in nature, sub...
Bass Oil’s Bunian 6 Well Triples Output Forecast with New Pay Zone
Sep 2, 2026
Bass Oil has reported that its Bunian 6 development well in Indonesia has intersected oil pay in the TRM3 and K1 sandstone reservoirs, in line with pre-drill expectations. Further analysis of wireline and mud logs has identified a third oil-bearin...
Bass Oil’s Bunian 6 Well Set to Triple Indonesian Output
Aug 26, 2026
Bass Oil reported that its Bunian 6 development well in Indonesia has intersected oil pay in the TRM3 and K1 sandstone reservoirs in line with pre-drill expectations, with the well drilled to a total depth of 1,807.9 metres and now being prepared ...
Bass Oil’s Bunian 6 well set to triple Indonesian production
Aug 21, 2026
Bass Oil has reported drilling progress at its Bunian 6 development well in Indonesia’s Tangai-Sukananti KSO, with the well currently at 1,573 metres and on track to reach a planned total depth of about 1,820 metres by the end of August. The...
Bass Oil lifts July output and advances Cooper Basin gas and oil projects
Aug 20, 2026
Bass Oil reported July group production of 6,838 barrels of oil, up 3%, with average output of 221 barrels per day and sales revenue of A$405,527, largely driven by stable Indonesian operations that delivered 4,326 barrels produced and 4,309 barre...
Bass Oil’s Bunian 6 Well on Track to Triple Indonesian Output
Aug 14, 2026
Bass Oil has reported steady progress on drilling the Bunian 6 development well in Indonesia’s Tangai-Sukananti KSO, where current depth is 1,257 metres and key casing, wellhead and blowout preventer installations have been completed and tes...
Bass Oil’s Bunian 6 Well Set to Triple Output at Indonesian Field
Aug 6, 2026
Bass Oil has provided an operational update on the Bunian 6 development well at the Tangai-Sukananti KSO in Indonesia, where drilling has reached 1,257 metres and the 9-5/8 inch intermediate casing is being run and cemented. The well is planned to...
Bass Oil lifts quarterly revenue as Vanessa gas and Bunian 6 projects drive growth push
Jul 28, 2026
Bass Oil reported June quarter net production of 19,809 barrels, up 1.5% on the prior quarter, with average output of 218 barrels of oil per day and no hedging in place. Quarterly oil sales revenue rose 132% to about A$2.67 million, driven by high...
Bass Oil’s Bunian 6 Well Poised to Triple Output at Indonesian Field
Jul 24, 2026
Bass Oil Limited has reported progress on its Bunian 6 development well in the Tangai-Sukananti KSO in Indonesia, where drilling has reached 1,012 metres and a replacement mud pump is being tested ahead of drilling resumption. The company plans to...
Bass Oil advances Bunian 6 well to boost Indonesian output
Jul 10, 2026
Bass Oil Limited reported progress on the Bunian 6 development well in Indonesia, which has reached a depth of 1,012 metres as of 10 July while rig repairs are undertaken on the mud pumps. Drilling advanced from 895 metres during the week, and ope...
Bass Oil advances Bunian 6 drilling to boost Indonesian output
Jul 3, 2026
Bass Oil is progressing drilling at its Bunian 6 development well in Indonesia’s Tangai-Sukananti KSO, with the current depth at 895 metres after drilling from 403 metres during the past week. The company plans to continue drilling the 12-1/...
Bass Oil advances Bunian 6 well to triple output at Indonesian field
Jun 26, 2026
Bass Oil reports steady progress on drilling the Bunian 6 development well at its Tangai-Sukananti KSO in Indonesia, where the rig is preparing to drill the 12-1/4 inch hole section from 403 metres toward the intermediate casing point. A top-up ce...
Bass Oil reveals top holders of new long-dated BASOD options
Jun 24, 2026
Bass Oil has detailed the top 20 holders and distribution profile of its newly quoted BASOD options, which are exercisable at $0.0945 and expire on 23 June 2028. The disclosure of the major option holders, including institutional and private inves...
Bass Oil advances Bunian 6 drilling to triple Indonesian output
Jun 19, 2026
Bass Oil has reported steady progress on drilling the Bunian 6 development well at its Tangai-Sukananti KSO in Indonesia, where the well has reached 403 metres and surface casing has been set and cemented. The rig is now preparing further cement w...
Bass Oil Completes Vanessa Gas Field Acquisition to Enter East Coast Market
Jun 17, 2026
Bass Oil has secured regulatory approval from South Australia’s Department of Energy Mining to complete its acquisition of a 100% interest in the Vanessa gas field, including a shut-in production well, a gas processing facility and a 5 km p...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.