Strike Energy (ASX:STX) Net Margin % : 134.88% (As of Dec. 2023)

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What is Strike Energy Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Strike Energy's Net Income for the six months ended in Dec. 2023 was A$10.96 Mil. Strike Energy's Revenue for the six months ended in Dec. 2023 was A$8.13 Mil. Therefore, Strike Energy's net margin for the quarter that ended in Dec. 2023 was 134.88%.

The historical rank and industry rank for Strike Energy's Net Margin % or its related term are showing as below:

ASX:STX' s Net Margin % Range Over the Past 10 Years
Min: -613.38 Med: -360.72 Max: 290.01
Current: 24.49

ASX:STX's Net Margin % is ranked better than
82.65% of 980 companies
in the Oil & Gas industry
Industry Median: 4.055 vs ASX:STX: 24.49

Strike Energy Net Margin % Historical Data

The historical data trend for Strike Energy's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Strike Energy Net Margin % Chart

Strike Energy Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Net Margin %

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Strike Energy Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Net Margin %	Get a 7-Day Free Trial															-	-	-	-	134.88

Competitive Comparison of Strike Energy's Net Margin %

For the Oil & Gas E&P subindustry, Strike Energy's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Strike Energy's Net Margin % distribution charts can be found below:

* The bar in red indicates where Strike Energy's Net Margin % falls into.

Strike Energy Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Strike Energy's Net Margin for the fiscal year that ended in Jun. 2023 is calculated as

Net Margin	=	Net Income (A: Jun. 2023 )	/	Revenue (A: Jun. 2023 )
	=	-18.364	/	0
	=	%

Strike Energy's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	10.959	/	8.125
	=	134.88 %

Strike Energy (ASX:STX) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Strike Energy Net Margin % 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 » Net Margin %

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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.