Strike Energy (ASX:STX) 3-Year Book Growth Rate : 72.50% (As of Dec. 2023)

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What is Strike Energy 3-Year Book Growth Rate?

Strike Energy's Book Value per Share for the quarter that ended in Dec. 2023 was A$0.16.

During the past 12 months, Strike Energy's average Book Value per Share Growth Rate was 107.90% per year. During the past 3 years, the average Book Value per Share Growth Rate was 72.50% per year. During the past 5 years, the average Book Value per Share Growth Rate was 12.40% per year. During the past 10 years, the average Book Value per Share Growth Rate was 2.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Strike Energy was 72.50% per year. The lowest was -28.40% per year. And the median was -4.05% per year.

Competitive Comparison of Strike Energy's 3-Year Book Growth Rate

For the Oil & Gas E&P subindustry, Strike Energy's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Strike Energy's 3-Year Book Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Strike Energy's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Strike Energy's 3-Year Book Growth Rate falls into.

Strike Energy 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Strike Energy (ASX:STX) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Strike Energy 3-Year Book Growth Rate Related Terms

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Strike Energy (ASX:STX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Strike Energy Ltd (ASX:STX) » Definitions » 3-Year Book Growth Rate

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STKKF:USA RJN:Germany

Address

40 Kings Park Road, Level 1, West Perth, Perth, WA, AUS, 6005

Website

https://www.strikeenergy.com.au

Strike is operator across all 3,000 square kilometers of its Perth Basin acreage and has grown its net gas reserve and resource position to become the largest in the basin at 1,022 PJ. It has also achieved first production from its Walyering gas field. Walyering's intended 33 terajoules/d of gross production will generate material cash flows albeit to short five years life. The cash will regardless be useful for the undertaking additional projects with Strike targeting up to four gas fields being online by the end of 2026. In addition to Walyering, these include South Erregulla, West Erregulla and Ocean Hill. The more ambitious Project Haber, Strike's proposed multibillion dollar 1.4 million metric tons per year urea manufacturing facility, is now on the backburner.