XSTATE RESOURCES LIMITED (XST)



Welcome to InvestSMART

You are currently viewing our site as a guest, which gives you limited access to our site features. By signing up for a free membership, you will receive our Investment Opportunity newsletters and have access to additional features for finding and comparing managed funds and shares. Registration is fast and simple, so please:

Sign Up Today » it's FREE! Already a member? Login now!


General Information
Company Name: Xstate Resources Limited
Stock Code: XST
Website: www.xstate.com.au
GICS Sub-Industry: Oil & Gas Exploration & Production
Market Cap ($M): 1
Equiv. Shares (M): 112

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
$ 0.007 $ 0.007 $ 0.007 $ 0.006 $ 0.007 925,000 0%

Company Overview

Business Description:
Xstate Resources Limited (XST) is focused on oil and gas exploration and development of existing and new oil and gas discoveries. Currently, the area of interest includes West Brentwood Prospect in Australia and High Island Block A549 Prospect in Mexico.


Financial Summary
Year to Dec NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2012  A -9.3 -9.2 -- 0.0 0.0 0.0 --
2011  A -1.3 -1.6 -- 0.0 0.0 0.0 --
2010  A -1.1 -3.5 -- 0.0 0.0 0.0 --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2010 A 2011 F 2012 F 2010 A 2011 F 2012 F 2010 A 2011 F 2012 F
Beach Energy (BPT) $1,465 M 0.7828 -0.2483 0.1432 10.9065 14.5101 12.6923 0.0195 0.0195 0.0195
Oil Search (OSH) $10,506 M -0.3691 0.0054 0.7775 71.0145 70.6306 39.7364 0.0049 0.0051 0.0051
Santos (STO) $12,199 M -0.1141 0.4031 0.0709 28.0924 20.0222 18.6964 0.0237 0.0237 0.0237
Woodside Petroleum (WPL) $28,697 M 0.1834 0.0137 0.1145 14.2974 14.1041 12.6553 0.0359 0.0570 0.0631
Xstate Resources (XST) $1 M -- -- -- -- -- -- 0.0000 -- --

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
XST -- -- 0.93 -- 23.3
Market 0.94 12.5 0.82 1.96 2.44
Sector 1.15 16.0 0.69 2.00 4.86

Directors
Name Position Start Date
Mr Gary John Jeffery Managing Director 08 July 2010
Mr Terence Ross Kestel Non-Executive Director 06 September 2006
Mr Andrew Childs Non-Executive Director 11 February 2013

Management
Name Position
David Maxwell McArthur Company Secretary

Substantial Shareholders
Holding Name
5,285,117 (5.24%) Argonaut Limited
5,294,099 (5.25%) David Mcarthur

Calendar of Events
Date Event
29 April 2014 Report (Annual)
29 April 2014 Report (Quarterly)
24 March 2014 Report (Annual)
30 January 2014 Report (Quarterly)
30 October 2013 Report (Quarterly)
05 August 2013 Report (Interim)
30 July 2013 Report (Quarterly)
© 2011 Morningstar, Inc. All rights reserved. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for use or distribution of any of this information. To the extent that any of the content above constitutes advice, it is general advice that has been prepared by Morningstar Australasia Pty Ltd ABN: 95 090 665 544, AFSL: 240892 (a subsidiary of Morningstar, Inc.), without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain financial, legal and taxation advice before making any financial investment decision. If applicable investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). DISCLOSURE: Employees may have an interest in the securities discussed in this report. Please refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/fsg.asp.

Advertisement

Trade Shares Online from $19.95^
Free Guides

The SMH Guide to Investing in Fixed Income

An educational booklet with information on how to earn more than bank interest on the cash in your investment portfolio.

More details...

News

Investors positive ahead of Fed meeting

The Age 20/06/2013 | The sharemarket gained ground as investors took a cautiously optimistic stance before a keenly awaited update on economic stimulus measures in the United States.

Is New News a good news story?

The Age 20/06/2013 | Pre-split trading of shares in "New Newscorp," the print media-heavy spin-out from News Corp began quietly on Wednesday, and it will take a while to work out where the new vehicle is headed.

News Corp split has one company up, one company down

The Age 20/06/2013 | The two separately listed companies of News Corporation had a subdued first day of trading on the ASX before their demerger later this month.

Lehman's US arm pulls plug on $210m deal with investors

The Age 20/06/2013 | Local councils that lost millions on investments made through Lehman Brothers have suffered a major setback, after the US arm of the failed bank blocked a deal that would have delivered the investors up to $210 million.

Smart and skinny

The Age 20/06/2013 | China's Huawei has vowed to catch up with rivals Apple and Samsung as it unveiled its newest device — the Ascend P6, which it described as the world's thinnest smartphone.

Investors positive ahead of Fed meeting

Sydney Morning Herald 20/06/2013 | The sharemarket gained ground as investors took a cautiously optimistic stance before a keenly awaited update on economic stimulus measures in the United States.

More...


Sponsored Links

Feedback Form