Omega Oil & GasASX:OMA +6.67%30 Piotroski F-Score is 2 as of Jun. 26, 2026, which is 33% below its 10-year median of 3.00. GuruFocus rates ASX:OMA with a GF Score™ of 30/100. The stock has 4 warning signs investors should review. Among 974 Oil & Gas companies, Omega Oil & Gas ranks worse than 91.07% on this metric.
Warning Sign:
Piotroski F-Score of 2 is low, which usually implies poor business operation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Omega Oil & Gas has an F-score of 2. It is a bad or low score, which usually implies poor business operation.
The historical rank and industry rank for Omega Oil & Gas's Piotroski F-Score or its related term are showing as below:
ASX:OMA'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 3 Max: 4
Current: 2
During the past 4 years, the highest Piotroski F-Score of Omega Oil & Gas was 4. The lowest was 2. And the median was 3.
Omega Oil & Gas (ASX:OMA) Piotroski F-Score Explanation
The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.
He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.
He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.
What he found was something that exceeded his most optimistic expectations.
Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.
Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).
Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.
Omega Oil & Gas Piotroski F-Score Related Terms
Omega Oil & Gas Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Omega Oil & Gas's Piotroski F-Score 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.
ASX:OMA vs COP, EOG, OXY: Piotroski F-Score Comparison
For the Oil & Gas E&P subindustry, Omega Oil & Gas's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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 Piotroski F-Score vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Omega Oil & Gas's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Omega Oil & Gas's Piotroski F-Score falls into.
* 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.
*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.
Profitability
Question 1. Return on Assets (ROA)
Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
Omega Oil & Gas's current Net Income (TTM) was -3.86.
==> Negative ==> Score 0.
Question 2. Cash Flow Return on Assets (CFROA)
Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.
Omega Oil & Gas's return on assets of this year was -0.09131556. Omega Oil & Gas's return on assets of last year was -0.0874218.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Omega Oil & Gas's gearing of this year was 0. Omega Oil & Gas's gearing of last year was 0.00082733.
==> This year is lower or equal to last year. ==> Score 1.
Question 6. Change in Working Capital (Liquidity)
Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.
Score 1 if this year's current ratio is higher, 0 if it's lower
Omega Oil & Gas's current ratio of this year was 16.86004515. Omega Oil & Gas's current ratio of last year was 17.62246279.
==> Last year's current ratio is higher ==> Score 0.
Question 7. Change in Shares in Issue
Compare the number of shares in issue this year, to the number in issue last year.
Score 0 if there is larger number of shares in issue this year, 1 otherwise.
Omega Oil & Gas's number of shares in issue this year was 315.564. Omega Oil & Gas's number of shares in issue last year was 245.026.
==> There is larger number of shares in issue this year. ==> Score 0.
Efficiency
Question 8. Change in Gross Margin
Compare this year's gross margin (Gross Profit divided by sales) to last year's.
Score 1 if this year's gross margin is higher, 0 if it's lower.
Omega Oil & Gas's gross margin of this year was . Omega Oil & Gas's gross margin of last year was .
==> Last year's gross margin is higher ==> Score 0.
Question 9. Change in asset turnover
Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.
Score 1 if this year's asset turnover ratio is higher, 0 if it's lower
Omega Oil & Gas's asset turnover of this year was 0. Omega Oil & Gas's asset turnover of last year was 0.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Omega Oil & Gas has an F-score of 2. It is a bad or low score, which usually implies poor business operation.
Omega Oil & Gas (ASX:OMA) has a Piotroski F-Score of 2 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Omega Oil & Gas and its competitors. This is 33% below median its historical median of 3.00. Over the past decade, Omega Oil & Gas' Piotroski F-Score has ranged from 2.00 to 4.00. According to the industry distribution chart, Omega Oil & Gas ranks #887 out of 974 companies in the Oil & Gas industry, placing it in the top 91.1%.
Is Omega Oil & Gas' Piotroski F-Score too high?
Omega Oil & Gas' current Piotroski F-Score of 2 is 33% below median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 4.00. The Oil & Gas industry median Piotroski F-Score is 5.00. Omega Oil & Gas' value of 2 is 60% below this industry median. Based on the distribution chart, Omega Oil & Gas ranks #887 out of 974 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. 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' Piotroski F-Score compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Omega Oil & Gas ranks #887 out of 974 companies for Piotroski F-Score. This places Omega Oil & Gas in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Omega Oil & Gas' value of 2 is 60% below this benchmark. Historically, Omega Oil & Gas' own Piotroski F-Score has ranged from 2.00 to 4.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 5.00, Omega Oil & Gas has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for an Oil & Gas company?
The median Piotroski F-Score among Oil & Gas companies is 5.00, based on 974 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Omega Oil & Gas's current Piotroski F-Score of 2 is 60% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Omega Oil & Gas and its competitors. For the Oil & Gas industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Omega Oil & Gas's current Piotroski F-Score is 2, which is 33% below median its own 10-year median of 3.00. 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 Piotroski F-Score of 2. The current Piotroski F-Score is 2, which is 33% below median its 10-year median of 3.00 and 60% below the Oil & Gas industry median of 5.00. 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 Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Omega Oil & Gas (ASX:OMA), the current Piotroski F-Score is 2 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 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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