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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Strike Energy
Strike Energy (STX) investor relations material
Strike Energy Q1 2027 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2027 TU earnings summary28 Oct, 2026
Executive summary
Progressed West Erregulla processing and pre-FID funding arrangements; Walyering production and reserves increased, while South Erregulla advanced toward commissioning.
Strong HSE performance maintained across operations and development activities.
Financial highlights
Q1 FY27 sales revenue was $14.08 million, up 8% QoQ; gas revenue was $13.36 million and condensate revenue $0.72 million.
Quarterly production was 1.13 PJe, up 14% QoQ; sales volume was 1.90 PJe, up 11% QoQ, including 0.78 PJ of third-party gas.
Average realised gas price was $7.15/GJ, up 1% QoQ; condensate averaged $131.22/bbl, down 26% QoQ.
Capital expenditure was $10.40 million: $9.14 million development and $1.26 million exploration and appraisal.
Outlook and guidance
West Erregulla upstream FID targeted for mid-FY28, with first gas targeted for mid-CY29.
South Erregulla grid energisation targeted for November 2026; AEMO commissioning is expected to take six to eight weeks before commercial operations.
Walyering West-1 tie-back FEED progressed during the quarter.
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Latest events from Strike Energy
- South Erregulla Power nears commissioning as reserves and funding grow despite lower earnings.STX
H2 2026 - Major WA gas producer targets transformational growth and diversified revenue by 2029.STXInvestor presentation
- West Erregulla milestone, secured funding, and diversified revenues drive major growth and value.STXStatus update
- South Erregulla achieved mechanical completion as Q4 revenue and production declined.STXQ4 2026 TU
- Strong FY2024 results with maiden gas production, robust liquidity, and major project milestones.STXH2 2024
- $36M revenue, net loss narrows, and major project nears completion amid strong liquidity.STXH1 2026
- Record production, robust financials, and strategic gas-to-power focus amid ongoing challenges.STXAGM 2025
- Operational milestones, strong revenue, and new power project drive strategic growth.STXAGM 2024
- Sales up 77% to $35.8m, but higher costs led to $15.5m net loss; new financing supports outlook.STXH1 2025
Next Strike Energy earnings date
AGM 202617 Nov, 2026
Strike Energy
Next Strike Energy earnings date
AGM 202617 Nov, 2026
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Frequently asked questions
Strike Energy Limited is an Australian energy company primarily engaged in the exploration and development of oil and gas resources. The company operates in the Perth Basin, located in Western Australia, where it focuses on natural gas and geothermal energy projects. These projects include Walyering, Greater Erregulla, West Erregulla, and the Perth Basin Geothermal project. Additionally, Strike Energy is advancing Project Haber, a low-carbon urea fertilizer production facility aimed at producing granular urea. The company is headquartered in West Perth, Western Australia, and its shares are listed on the Australian Securities Exchange.