Omega Oil & Gas (ASX:OMA) Beta: -1.2466 (As of Jun. 26, 2026)


ASX:OMA Omega Oil & Gas Ltd ASX:OMA
30 GF Score
Price A$0.64
! 4 Warning Signs
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What is Omega Oil & Gas Beta?

Omega Oil & Gas ASX:OMA +6.67% 30 Beta is -1.2466 as of Jun. 26, 2026. GuruFocus rates ASX:OMA with a GF Score™ of 30/100. The stock has 4 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-26), Omega Oil & Gas's Beta is -1.2466.

Omega Oil & Gas  (ASX:OMA) Beta Explanation

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)

Omega Oil & Gas Beta Related Terms

Omega Oil & Gas Beta Historical Data

* Premium members only.

The historical data trend for Omega Oil & Gas's Beta 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.

Omega Oil & Gas Beta Chart

Omega Oil & Gas Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Beta
0.00 0.00 0.00 0.00

Omega Oil & Gas Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Beta Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 -0.39

ASX:OMA vs COP, EOG, OXY: Beta Comparison

For the Oil & Gas E&P subindustry, Omega Oil & Gas's Beta, along with its competitors' market caps and Beta 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.

Omega Oil & Gas Beta vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Omega Oil & Gas's Beta distribution charts can be found below:

* The bar in red indicates where Omega Oil & Gas's Beta falls into.


ASX:OMA
30GF Score
Omega Oil & Gas Ltd ASX:OMA
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Omega Oil & Gas Beta Calculation

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.

Frequently Asked Questions Learn more about Beta →
What does a Beta of -1.2466 mean?
Omega Oil & Gas (ASX:OMA) has a Beta of -1.2466 as of Jun. 26, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Omega Oil & Gas and its competitors.
Is Omega Oil & Gas' Beta too high?
Omega Oil & Gas' current Beta is -1.2466. Overall, Omega Oil & Gas has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Omega Oil & Gas' Beta compare to COP and EOG?
Omega Oil & Gas' Beta of -1.2466 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beta for an Oil & Gas company?
A good Beta depends on the Oil & Gas industry context. However, Beta should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beta mean?
A high Beta can signal that a stock is expensive relative to its fundamentals. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Omega Oil & Gas and its competitors. Omega Oil & Gas's current Beta is -1.2466. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Omega Oil & Gas stock overvalued right now?
Omega Oil & Gas (ASX:OMA) has a current Beta of -1.2466. The current Beta is -1.2466. Omega Oil & Gas' overall GF Score™ is 30/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beta calculated?
Beta is calculated from a company's financial statements. For Omega Oil & Gas (ASX:OMA), the current Beta is -1.2466 as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Omega Oil & Gas Business Description

Industry EnergyOil & Gas
Other Exchanges EN0:Germany
Address 243 Edward Street, Level 3A, Brisbane, QLD, AUS, 4000
Omega Oil & Gas Ltd is an Australian exploration company unlocking oil and gas resources in Queensland's Taroom Trough, an emerging energy frontier. The company is advancing the Canyon Project within this under-explored region of the south Bowen Basin. Appraisal activities include drilling and fracture stimulation of the Canyon-1H well, and data acquisition at Canyon-2 confirming an extensive petroleum system. The company holds 100% interest in Authority to Prospect 2037 and 2038 located west of Tara. It is also conducting a strategic review of the Bennett Oil project in Petroleum Lease 17 near the Surat Basin and engaging with potential farm-in partners.
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Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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