Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Xstate ResourcesASX:XST -10.00% Market Cap is A$4.80 Mil as of Aug. 03, 2026. The stock has 2 warning signs investors should review. Among 1,045 Oil & Gas companies, Xstate Resources ranks worse than 93.21% on this metric.
Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Xstate Resources's share price for the quarter that ended in Dec. 2025 was A$0.0185. Xstate Resources's Shares Outstanding (EOP) for the quarter that ended in Dec. 2025 was 428.68 Mil. Therefore, Xstate Resources's market cap for the quarter that ended in Dec. 2025 was A$7.93 Mil.
Xstate Resources's quarterly market cap
stayed the same
from Dec. 2024 (A$2.89 Mil) to Jun. 2025 (A$2.89 Mil) but then
increased
from Jun. 2025 (A$2.89 Mil) to Dec. 2025 (A$7.93 Mil).
Xstate Resources's annual market cap
declined
from Dec. 2023 (A$4.18 Mil) to Dec. 2024 (A$2.89 Mil) but then
increased
from Dec. 2024 (A$2.89 Mil) to Dec. 2025 (A$7.93 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Xstate Resources's Enterprise Value for Today is A$1.89 Mil.
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Xstate Resources Market Cap Related Terms
Xstate Resources Market Cap Historical Data
* Premium members only.
The historical data trend for Xstate Resources's Market Cap 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.
For the Oil & Gas E&P subindustry, Xstate Resources's Market Cap, along with its competitors' market caps and Market Cap 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.
Xstate Resources Market Cap vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Xstate Resources's Market Cap distribution charts can be found below:
* The bar in red indicates where Xstate Resources's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Xstate Resources's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Xstate Resources (ASX:XST) has a Market Cap of A$4.80 Mil as of Aug. 03, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Xstate Resources and its competitors. According to the industry distribution chart, Xstate Resources ranks #974 out of 1045 companies in the Oil & Gas industry, placing it in the top 93.2%.
Is Xstate Resources' Market Cap too high?
Xstate Resources' current Market Cap is A$4.80 Mil. Based on the distribution chart, Xstate Resources ranks #974 out of 1045 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers.
How does Xstate Resources' Market Cap compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Xstate Resources ranks #974 out of 1045 companies for Market Cap. This places Xstate Resources in the lower half of its industry. The industry median Market Cap is 220.01. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Oil & Gas company?
The median Market Cap among Oil & Gas companies is 220.01, based on 1,045 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Xstate Resources and its competitors. For the Oil & Gas industry, the median Market Cap is 220.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xstate Resources's current Market Cap is A$4.80 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xstate Resources stock overvalued right now?
Xstate Resources (ASX:XST) has a current Market Cap of A$4.80 Mil. The current Market Cap is A$4.80 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Xstate Resources (ASX:XST), the current Market Cap is A$4.80 Mil as of Aug. 03, 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.
Xstate Resources Ltd is engaged in oil and natural gas exploration, having historically held exploration and evaluation interests in the United States of America, and holding working interests in oil production assets in Canada and Austria. The Group currently operates in a single segment based on operation performed, and on geography, being oil & gas exploration activities on-shore Australia. Its Queensland project includes the drill-ready Diona Prospect, located near existing production infrastructure and targeting 3 stacked gas reservoir objectives in geologic plays.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:XST has been successfully added to your 
