Strike Energy Swings to Fiscal H1 Loss Despite Higher Revenue; Shares Up 4%

MT Newswires Live

2025/02/27

Strike Energy (ASX:STX) reported a fiscal first-half loss of AU$0.0054 per diluted share, compared with earnings of AU$0.0041 per diluted share a year earlier.

Analysts polled by Visible Alpha were expecting an EPS of AU$0.004.

Revenue from oil and gas sales for the six months ended Dec. 31, 2024, was AU$35.8 million, up from AU$8.1 million in the same period a year earlier. Analysts surveyed by Visible Alpha expected total revenue of AU$36.9 million.

The company's shares rose almost 4% in recent Thursday trade.

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