Strike Energy's Share Price Mismatched With Portfolio Value -- Market Talk

Dow Jones

Jun 27, 2025

2234 GMT - Strike Energy's share price is difficult to reconcile with the value of its asset portfolio, says Euroz Hartleys. It notes that Hancock Energy's A$450 million acquisition of 50% of the West Erregulla gas field in 2023 implies a valuation above Strike Energy's current market capitalization. "The market seems to be discounting either West Erregulla entirely, or everything else in the portfolio," says analyst Declan Bonnick. The most notable outcome of Strike Energy's strategic review was the positive shift in language around progressing the development of West Erregulla. Euroz Hartleys now sees that field starting up in mid-2028, a year later than it previously forecast. Strike Energy ended Thursday at 14.5 Australian cents. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

June 26, 2025 18:34 ET (22:34 GMT)

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It notes that Hancock Energy's A$450 million acquisition of 50% of the West Erregulla gas field in 2023 implies a valuation above Strike Energy's current market capitalization. \"The market seems to be discounting either West Erregulla entirely, or everything else in the portfolio,\" says analyst Declan Bonnick. The most notable outcome of Strike Energy's strategic review was the positive shift in language around progressing the development of West Erregulla. Euroz Hartleys now sees that field starting up in mid-2028, a year later than it previously forecast. Strike Energy ended Thursday at 14.5 Australian cents. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 26, 2025 18:34 ET (22:34 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Strike Energy's Share Price Mismatched With Portfolio Value -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStrike Energy's Share Price Mismatched With Portfolio Value -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-06-27 06:34</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  2234 GMT - <a href=\"https://laohu8.com/S/STX.AU\">Strike Energy</a>'s share price is difficult to reconcile with the value of its asset portfolio, says <a href=\"https://laohu8.com/S/EZL.AU\">Euroz</a> Hartleys. It notes that Hancock Energy's A$450 million acquisition of 50% of the West Erregulla gas field in 2023 implies a valuation above Strike Energy's current market capitalization. \"The market seems to be discounting either West Erregulla entirely, or everything else in the portfolio,\" says analyst Declan Bonnick. The most notable outcome of Strike Energy's strategic review was the positive shift in language around progressing the development of West Erregulla. Euroz Hartleys now sees that field starting up in mid-2028, a year later than it previously forecast. Strike Energy ended Thursday at 14.5 Australian cents. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 26, 2025 18:34 ET (22:34 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"STX.AU","symbol_name":"STRIKE ENERGY LTD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2546525947","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2546525947","pubTimestamp":1750977240,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2234 GMT - Strike Energy's share price is difficult to reconcile with the value of its asset portfolio, says Euroz Hartleys. It notes that Hancock Energy's A$450 million acquisition of 50% of the West Erregulla gas field in 2023 implies a valuation above Strike Energy's current market capitalization. \"The market seems to be discounting either West Erregulla entirely, or everything else in the portfolio,\" says analyst Declan Bonnick. The most notable outcome of Strike Energy's strategic review was the positive shift in language around progressing the development of West Erregulla. Euroz Hartleys now sees that field starting up in mid-2028, a year later than it previously forecast. Strike Energy ended Thursday at 14.5 Australian cents. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"STX.AU":"STRIKE ENERGY LTD","BK7142":"石油与天然气的勘探与生产"},"translate_title":"Strike Energy股价与投资组合价值不匹配——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"STX.AU":0.9},"content_text":"2234 GMT - Strike Energy's share price is difficult to reconcile with the value of its asset portfolio, says Euroz Hartleys. It notes that Hancock Energy's A$450 million acquisition of 50% of the West Erregulla gas field in 2023 implies a valuation above Strike Energy's current market capitalization. \"The market seems to be discounting either West Erregulla entirely, or everything else in the portfolio,\" says analyst Declan Bonnick. The most notable outcome of Strike Energy's strategic review was the positive shift in language around progressing the development of West Erregulla. Euroz Hartleys now sees that field starting up in mid-2028, a year later than it previously forecast. Strike Energy ended Thursday at 14.5 Australian cents. (david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 26, 2025 18:34 ET (22:34 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}