Morningstar keeps fair value estimate unchanged for Australia's Strike Energy

Strike Energy

25/03/2026 19:11

** Analysts at Morningstar leave fair value estimate for Australia's Strike Energy STX.AX unchanged at A$0.20, despite a sharp rise in near-term oil and gas prices following disruption in Middle East

** The investment research firm keeps 2026 and 2027 earnings forecasts unchanged for the oil and gas explorer

** Futures prices in Morningstar's outlook show Brent crude up about 40% and Asia spot LNG up around 75%, but the firm says this does not affect its valuation or earnings forecasts

** Two of five analysts rate the stock "buy" or higher, three "hold"; their median PT is A$0.1 - data compiled by LSEG

** Stock has fallen 5.7% YTD, as of last close

 (Reporting by Roshan Thomas in Bengaluru)

 ((Roshan.Thomas@thomsonreuters.com;))