Strike Energy Ltd STX

Stock XASX Rating as of Oct 2, 2026

A$0.11 0.00 (0.00%)

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As of Oct 2, 2026, 6:21:28 AM Delayed Price Closed

Company Report

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Construction of Strike Energy's South Erregulla Power Station Is Complete

Mark Taylor Aug 4, 2026

Strike is a holder of gas resources in Western Australia’s Perth Basin with a net combined 560 petajoules excluding prospective resources. Growth in resource positions via exploration drilling was rapid and is ongoing. The company strategy targets up to four sources of gas production coming online.

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Price vs Fair Value

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STX is trading at a LOCK|>Nq premium.

Price

A$0.11

Oct 2, 2026

Fair Value

LOCK|^^

Sep 4, 2025

Uncertainty

LOCK|%b hr@W&

1-Star Price: LOCK|vw
5-Star Price: d.l
Economic Moat: LOCK|WZ
Capital Allocation: LOCK|N@kwDD&

Bulls Say, Bears Say

Bulls

Strike has large gas acreage in the low-cost conventional Perth Basin, with material resource positions in proximity to existing pipelines and markets.

Bears

Strike’s plans are very ambitious for a small company with no earnings history.

Trading Information

Previous Close Price: A$0.11
Day Range: A$0.11–0.11
52-Week Range: A$0.09–0.15
Bid/Ask: A$0.11 / A$0.12
Shares Outstanding: 3.61B
Market Cap: A$396.69M
Volume/Avg: 6M / 3M

Key Statistics

Price/Earnings (Normalized): —
Price/Sales: 6.12
Dividend Yield (Trailing): 0.00%
Dividend Yield (Forward): 0.00%
Dividend Payment Schedule: —
Total Yield: —

Company Profile

Strike is an operator across all 3,000 square kilometers of its Perth Basin acreage and has grown its net gas reserve and resource position to become large at 560 PJ. It has also achieved first production from its Walyering gas field. Walyering’s intended 33 terajoules/d of gross production generates material cash flows, albeit with a short life. Strike is targeting up to four gas fields ultimately coming online, including via power station developments. In addition to Walyering, these include South Erregulla, West Erregulla, and Ocean Hill.

Sector: Energy
Industry: Oil & Gas E&P
Stock Style Box: Small Value
Total Number of Employees: 24
Website: https://www.strikeenergy.com.au

Competitors

Valuation

Metric	STX	WDS	BPT
Price/Earnings (Normalized)	—	15.84	5.54
Price/Book Value	1.11	1.14	0.59
Price/Sales	6.12	2.93	1.01
Price/Cash Flow	60.54	5.53	2.18

Price/Earnings

STX

WDS

BPT

Profitability

Metric	STX	WDS	BPT
Return on Assets (Normalized)	−5.20%	4.12%	6.61%
Return on Equity (Normalized)	−7.94%	7.68%	11.08%
Return on Invested Capital (Normalized)	−4.39%	5.20%	8.87%

Return on Assets

STX

WDS

BPT

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