State Gas Ltd. (AU:GAS)
ASX:GAS
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GAS Stock Chart & Stats
AU$0.02
<AU$0.01(2.63%)
At close: 4:00 PM EST
AU$0.02
<AU$0.01(2.63%)
Day’s Range― - ―
52-Week RangeAU$0.02 - AU$0.05
Previous CloseN/A
Volume25.40K
Average Volume (3M)821.79K
Market Cap
AU$8.48M
Enterprise ValueAU$12.59M
Total Cash (Recent Filing)AU$481.68K
Total Debt (Recent Filing)AU$4.71M
Price to Earnings (P/E)―
Beta1.47
Next Earnings
Sep 24, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding423,956,120
10 Day Avg. Volume700,042
30 Day Avg. Volume821,792
Financial Highlights & Ratios
PEG Ratio0.07
Price to Book (P/B)0.18
Price to Sales (P/S)68.44
P/FCF Ratio-0.87
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
Bulls Say, Bears Say
Bulls Say
Low Leverage / Balance Sheet StrengthA low debt-to-equity profile gives State Gas durable financial flexibility: it reduces refinancing risk and preserves capacity to fund exploration or development through cycles. This structural strength helps the company withstand prolonged losses without immediate solvency pressure.
Exchange Listing Provides Market AccessListing on the ASX provides ongoing access to equity and institutional investors in Australia, a durable channel for raising capital for E&P activities. Over 2–6 months this structural access supports funding options for development or exploration investments.
Reasonable Trading LiquiditySustained average trading volume indicates tradability and investor access to the stock, which aids capital raising and secondary offerings. For a small E&P company, persistent liquidity reduces execution risk when accessing public markets for financing.
Bears Say
Negative Operating And Free Cash FlowOngoing negative operating and free cash flow is a structural weakness: it forces reliance on external financing or equity dilution to fund operations and development. Over months this erodes optionality and increases financing costs, impairing long-term project execution.
Severe Revenue DeclineA reported -100% revenue change signals a collapse in top-line activity or halted commercial flows. This is a durable red flag: without a clear recovery in revenue-generating operations, the company's ability to service costs and pursue value-accretive projects is materially constrained.
Ongoing Losses, Negative Margins And ROEPersistent negative margins and negative return on equity indicate the business is not generating profitable returns on capital. Structurally, this limits reinvestment, deters long-term investors, and means future growth will likely require dilutive funding or costly debt.
State Gas Ltd. News
GAS FAQ
What was State Gas Ltd.’s price range in the past 12 months?
State Gas Ltd. lowest share price was AU$0.02 and its highest was AU$0.05 in the past 12 months.
What is State Gas Ltd.’s market cap?
State Gas Ltd.’s market cap is AU$8.48M.
When is State Gas Ltd.’s upcoming earnings report date?
State Gas Ltd.’s upcoming earnings report date is Sep 24, 2026 which is in 111 days.
How were State Gas Ltd.’s earnings last quarter?
State Gas Ltd. released its earnings results on Mar 16, 2026. The company reported -AU$0.003 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.003.
Is State Gas Ltd. overvalued?
According to Wall Street analysts State Gas Ltd.’s price is currently Overvalued.
Does State Gas Ltd. pay dividends?
State Gas Ltd. does not currently pay dividends.
What is State Gas Ltd.’s EPS estimate?
State Gas Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does State Gas Ltd. have?
State Gas Ltd. has 423,956,120 shares outstanding.
What happened to State Gas Ltd.’s price movement after its last earnings report?
State Gas Ltd. reported an EPS of -AU$0.003 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 6.452%.
Which hedge fund is a major shareholder of State Gas Ltd.?
Currently, no hedge funds are holding shares in AU:GAS
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
State Gas Ltd. Stock Smart Score
Underperform
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8
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10
Technicals
SMA
Positive
20 days / 200 days
Momentum
-36.73%
12-Months-Change
Fundamentals
Return on Equity
-5.53%
Trailing 12-Months
Asset Growth
1.27%
Trailing 12-Months
Company Description
State Gas Ltd.
State Gas Limited engages in the exploration and development of gas fields in Australia. Its flagship projects are the Reid's Dome gas project comprising the production lease 231 permit and the Rolleston-West project covering an area of approximately 1,595 square kilometers located in the Bowen Basin in Central Queensland. The company was incorporated in 2017 and is headquartered in Brisbane, Australia.
Technical Analysis
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Options Prices
Currently, No data available
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