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Omega Oil & GasASX:OMA +8.16%27 3-1 Month Momentum % is -22.22% as of Aug. 21, 2026. GuruFocus rates ASX:OMA with a GF Score™ of 27/100. The stock has 4 warning signs investors should review. Among 1,023 Oil & Gas companies, Omega Oil & Gas ranks worse than 91.1% on this metric.
3-1 Month Momentum % is the total return of the stock from 3-month ago to 1-month ago. As of today (2026-08-21), Omega Oil & Gas's 3-1 Month Momentum % is -22.22%.
The industry rank for Omega Oil & Gas's 3-1 Month Momentum % or its related term are showing as below:
ASX:OMA's 3-1 Month Momentum % is ranked worse than 91.1% of 1023
companies
in the Oil & Gas industry
Industry Median: -8.22
vs ASX:OMA: -22.22
Omega Oil & Gas (ASX:OMA) 3-1 Month Momentum % Explanation
Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 3-1 Month Momentum % measures the total return to a stock over the past three months, but ignores the previous month.
The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.
Omega Oil & Gas 3-1 Month Momentum % Related Terms
ASX:OMA vs COP, EOG, FANG: 3-1 Month Momentum % Comparison
For the Oil & Gas E&P subindustry, Omega Oil & Gas's 3-1 Month Momentum %, along with its competitors' market caps and 3-1 Month Momentum % 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 3-1 Month Momentum % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Omega Oil & Gas's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Omega Oil & Gas's 3-1 Month Momentum % falls into.
Omega Oil & Gas (ASX:OMA) 3-1 Month Momentum % Calculation
3-1 Month Momentum % is calculated as following:
3-1 Month Momentum %
=
( Price 1-month ago
/
Price 3-month ago
- 1 )
*
100 %
* 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 (ASX:OMA) has a 3-1 Month Momentum % of -22.22% as of Aug. 21, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Omega Oil & Gas and its competitors. According to the industry distribution chart, Omega Oil & Gas ranks #932 out of 1023 companies in the Oil & Gas industry, placing it in the top 91.1%.
Is Omega Oil & Gas' 3-1 Month Momentum % too high?
Omega Oil & Gas' current 3-1 Month Momentum % is -22.22%. Based on the distribution chart, Omega Oil & Gas ranks #932 out of 1023 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Omega Oil & Gas has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Omega Oil & Gas' 3-1 Month Momentum % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Omega Oil & Gas ranks #932 out of 1023 companies for 3-1 Month Momentum %. This places Omega Oil & Gas in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-1 Month Momentum % for an Oil & Gas company?
A good 3-1 Month Momentum % depends on the Oil & Gas industry context. However, 3-1 Month Momentum % 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 3-1 Month Momentum % mean?
A high 3-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Omega Oil & Gas and its competitors. Omega Oil & Gas's current 3-1 Month Momentum % is -22.22%. 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 3-1 Month Momentum % of -22.22%. The current 3-1 Month Momentum % is -22.22%. Omega Oil & Gas' overall GF Score™ is 27/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-1 Month Momentum % calculated?
3-1 Month Momentum % is calculated from a company's financial statements. For Omega Oil & Gas (ASX:OMA), the current 3-1 Month Momentum % is -22.22% as of Aug. 21, 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.
27GF Score
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