STX

STRIKE ENE FPO [STX]
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.
Energy · ASX Small Cap
$0.1100 +0.0%

Updated 3 Sep 2026 · Signals refresh every scan

Appeared in 2 consecutive scansFirst seen: 2026-03-06
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Active Signals

Bullish Signals

  • Trading above both moving averages — the trend is your friend here
  • Volume surging at 2.7x normal while price falls — heavy selling pressure
  • Beating the Small Ords index — relative strength of 1.17, so it's outpacing the pack
  • Trading above the 200-day average — the long-term trend is on your side
  • Cash positive / operating cashflow positive
  • 4C filed 2026-07-30
  • Moderate P/S ratio (5.5x)
  • EPS estimates revised upward (+10pts)
  • Sentiment is mixed — no strong consensus either way
  • The bigger volume days are the up days — volume-weighted momentum is positive (0.51%/day)
  • Altman Z-Score grey zone (2.57, low-confidence approx)
  • Beneish M-Score -2.00 (grey zone -2.22 to -1.78): possible earnings manipulation
  • Commodity (Crude Oil): strong_up (+5pts)
  • AUD/USD strong (-2pts)
  • RBA hiking (-3pts)

Risk Signals

  • Deeply negative margins (-211%)
  • Not enough chatter to gauge sentiment — defaulting to neutral
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Recent Catalysts

NONE Company Webinar Presentation - West Erregulla Unlocked
NONE Walyering Reserves Statement
NONE Quarterly Activities/Appendix 5B Cash Flow Report
LOW Company Update
MEDIUM Operational Update and Listing Rule 3.10A Notice

Recent ASX Announcements

2026-08-31 Company Webinar Presentation - West Erregulla Unlocked
2026-08-30 Company Update PRICE SENSITIVE
2026-08-16 Walyering Reserves Statement PRICE SENSITIVE
2026-07-30 Quarterly Activities/Appendix 5B Cash Flow Report PRICE SENSITIVE
2026-07-15 Operational Update and Listing Rule 3.10A Notice

Key Metrics

$403.1M
Market Cap
4.2M
Avg Volume
2.7x
Vol Ratio
$0.09 — $0.14
52-Week Range
0.6%
Short Interest
N/A
Cash Runway
-38.1%
ROE
-211.4%
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 70%
LLeader vs LaggardpassRS: 2
IInstitutional SponsorshipweakInst: 4%
MMarket DirectionneutralNeutral

Sector: Energy

65 tickers in this sector

View all Energy signals →Browse all ASX tickers A–Z →
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