Strike Energy Limited (ASX:STX)
Australia · Delayed Price · Currency is AUD | Market Cap | 413.93M -6.8% |
| Revenue (ttm) | 72.91M -0.5% |
| Net Income | -154.11M |
| EPS | -0.05 |
| Shares Out | 3.60B |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,764,127 |
| Average Volume | 6,759,410 |
| Open | 0.1150 |
| Previous Close | 0.1150 |
| Day's Range | 0.1100 - 0.1150 |
| 52-Week Range | 0.0930 - 0.2000 |
| Beta | 0.49 |
| RSI | 54.56 |
| Earnings Date | Apr 30, 2026 |
About Strike Energy
Strike Energy Limited, an independent gas producer, explores for and develops oil and gas resources in Australia. Its flagship project is the Greater Erregulla Permian gas field, which includes the West and South Erregulla projects located in Perth basin. The company was formerly known as Strike Oil Limited and changed its name to Strike Oil Limited in December 2009. The company was incorporated in 1997 and is based in West Perth, Australia. [Read more]
Financial Performance
Financial StatementsNews
Strike Energy Earnings Call Transcript: H1 2026
First half FY2026 saw strong project execution, with South Erregulla Power Plant nearing completion and Walyering generating AUD 36 million in revenue. Capital expenditure focused on key assets, while prudent financial management and exploration activities continue to support future growth.
Strike Energy Transcript: AGM 2025
The AGM highlighted record production and revenue, a strengthened balance sheet, and a strategic focus on core gas-to-power assets. Shareholders raised concerns about governance, financial decisions, and Board composition, prompting a fee reduction and an upcoming Board review. Key projects remain on track despite operational and market challenges.
Strike Energy Earnings Call Transcript: Q1 2026
South Erregulla power plant is over halfway complete and on track for October 2026, with strong liquidity following an $86 million placement. Q1 sales reached $18.8 million, and significant new gas resources were certified at Ocean Hill.
Strike Energy Transcript: EGM 2025
The meeting focused on approving share issues related to Carnarvon Energy's strategic investment, which secures funding for key gas and power projects. Shareholders raised concerns about share price declines, funding rationale, and government support, with the Board emphasizing project delivery and financial stability.
Strike Energy Earnings Call Transcript: Q4 2025
Strategic funding from Carnarvon and a share purchase plan secure development of key projects, with South Erregulla and Walyering on track to generate revenue and support future exploration. Cost increases and JV delays present risks, but liquidity remains strong.
Strike Energy Transcript: Status Update
Management reset and strategic review have realigned priorities, improved JV relationships, and set a clear path for asset development. Funding strategy is being refined, with no immediate plans for asset sales. Government support and market tailwinds reinforce the gas-to-power focus.
Strike Energy Earnings Call Transcript: Q3 2025
Construction of South Erregulla is progressing with 50% CapEx locked in and first Macquarie facility tranche secured. Walyering production remains steady, and sales revenue rose 6%. Strategic review and CEO recruitment are nearing completion, with a focus on supporting WA's energy transition.
Strike Energy Earnings Call Transcript: Q2 2025
Final investment decision for an 85MW gas power station was made, with commissioning set for October 2026. A strategic review is underway to maximize asset value, while operations at Walliering remain strong and funding for key projects is secured.
Strike Energy Transcript: AGM 2024
The meeting highlighted a successful transition to gas production, robust financial performance, and major strategic investments, including a new peaking gas power station. Shareholders' concerns about valuation and project risks were addressed, with new governance and funding strategies outlined.
Strike Energy Earnings Call Transcript: Q1 2025
Production rose 2% quarter on quarter, but revenue fell 8% due to FX and lower nominations. Major discoveries and project milestones were achieved, with strong financing in place and no equity raise planned. Significant cash generation is expected from 2027 as new projects come online.
Strike Energy Earnings Call Transcript: Q4 2024
Record quarterly production and sales at Walyering drove a 13% revenue increase, with strong liquidity and a major AUD 153 million financing package secured. South and West Erregulla projects advanced toward FID, while exploration spending winds down as focus shifts to development.