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State Gas Ltd. (AU:GAS)
ASX:GAS
Australian Market
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State Gas Ltd. (GAS) Price & Analysis

39 Followers

GAS Stock Chart & Stats

AU$0.01
AU$0.00(0.00%)
At close: 4:00 PM EDT
AU$0.01
AU$0.00(0.00%)

Bulls Say, Bears Say

Bulls Say
Strong Equity BaseA sizable equity base combined with modest leverage gives State Gas a meaningful financial cushion relative to its current operating scale. This supports resilience and preserves some flexibility to fund activities or absorb continued losses while the business seeks to improve revenue generation.
Maintained Asset BaseThe company has maintained and expanded its asset base over the period, indicating that its underlying resource and corporate assets have not materially contracted despite weak earnings. This provides a foundation from which future operating improvements or development activity could be pursued.
Reduced Cash BurnCash consumption improved in 2026 compared with prior years, reducing the immediate pace at which financial resources are being used. Although cash flow remains negative, this directional improvement could extend the company’s financial runway if it is sustained alongside a recovery in operating activity.
Bears Say
Zero And Volatile RevenueRevenue at or near zero leaves the company without a dependable operating income base and makes margins and scale difficult to establish. Persistent volatility also limits visibility into future activity, weakening the ability to fund corporate needs internally or demonstrate repeatable commercial traction.
Persistent Net LossesSeveral consecutive years of sizeable losses indicate that current activity levels are not supporting the cost structure. Continued losses can erode shareholder equity over time, reduce financial flexibility, and make any eventual improvement in profitability dependent on a meaningful recovery in operations.
Negative Operating Cash FlowConsistently negative operating cash flow shows that the core business is consuming rather than generating cash. This creates an ongoing funding requirement and leaves the company more dependent on its balance-sheet resources or external capital until revenues and operating cash generation improve sustainably.

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$0.01 and its highest was AU$0.04 in the past 12 months.
    What is State Gas Ltd.’s market cap?
    State Gas Ltd.’s market cap is AU$5.33M.
      When is State Gas Ltd.’s upcoming earnings report date?
      State Gas Ltd.’s upcoming earnings report date is Mar 05, 2027 which is in 134 days.
        How were State Gas Ltd.’s earnings last quarter?
        State Gas Ltd. released its earnings results on Sep 30, 2026. The company reported -AU$0.005 earnings per share for the quarter.
          Is State Gas Ltd. overvalued?
          According to Wall Street analysts State Gas Ltd.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            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 561,439,760 shares outstanding.
              What happened to State Gas Ltd.’s price movement after its last earnings report?
              State Gas Ltd. reported an EPS of -AU$0.005 in its last earnings report. Following the earnings report the stock price went same 0%.
                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

                  5
                  Neutral
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                  Fundamentals

                  Return on Equity
                  -7.13%
                  Trailing 12-Months
                  Asset Growth
                  0.66%
                  Trailing 12-Months
                  Learn more about TipRanks Smart Score

                  Company Description

                  State Gas Ltd.

                  State Gas Limited is an Australian firm dedicated to the exploration and subsequent development of natural gas reserves. Its principal endeavors include the Reid's Dome gas project, which encompasses production lease 231, and the Rolleston-West project, an expansive area covering approximately 1,595 square kilometers. Both these key initiatives are strategically situated within Central Queensland's Bowen Basin. Established in 2017, State Gas Limited maintains its corporate headquarters in Brisbane, Australia.

                  State Gas Ltd. (GAS) Earnings & Revenues

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