Trinity Exploration & Production plc, an independent oil company, engages in the exploration, development, production, and sale of crude oil.
Excellent balance sheet and fair value.
Share Price & News
How has Trinity Exploration & Production's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 3BEA's share price has been volatile over the past 3 months.
7 Day Return
DE Oil and Gas
1 Year Return
DE Oil and Gas
Return vs Industry: 3BEA underperformed the German Oil and Gas industry which returned 31.5% over the past year.
Return vs Market: 3BEA underperformed the German Market which returned 4.4% over the past year.
Price Volatility Vs. Market
How volatile is Trinity Exploration & Production's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Trinity Exploration & Production undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 3BEA (€0.09) is trading below our estimate of fair value (€0.68)
Significantly Below Fair Value: 3BEA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 3BEA is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.
PE vs Market: 3BEA is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 3BEA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 3BEA is good value based on its PB Ratio (1x) compared to the DE Oil and Gas industry average (1.1x).
How is Trinity Exploration & Production forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Energy industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Trinity Exploration & Production has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether Trinity Exploration & Production is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Trinity Exploration & Production competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
How has Trinity Exploration & Production performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3BEA is currently unprofitable.
Growing Profit Margin: 3BEA is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 3BEA is unprofitable, but has reduced losses over the past 5 years at a rate of 61.8% per year.
Accelerating Growth: Unable to compare 3BEA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 3BEA is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-9.2%).
Return on Equity
High ROE: 3BEA has a negative Return on Equity (-19.13%), as it is currently unprofitable.
How is Trinity Exploration & Production's financial position?
Financial Position Analysis
Short Term Liabilities: 3BEA's short term assets ($28.4M) exceed its short term liabilities ($11.6M).
Long Term Liabilities: 3BEA's short term assets ($28.4M) do not cover its long term liabilities ($49.4M).
Debt to Equity History and Analysis
Debt Level: 3BEA is debt free.
Reducing Debt: 3BEA has no debt compared to 5 years ago when its debt to equity ratio was 41.7%.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 3BEA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 3BEA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 49.1% per year.
What is Trinity Exploration & Production's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 3BEA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 3BEA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 3BEA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 3BEA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 3BEA's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Jeremy Bridglalsingh (39yo)
Mr. Jeremy Nicholas Bridglalsingh has been Chief Financial Officer at Trinity Exploration & Production plc since January 2016 and has been its Executive Director since January 11, 2017. He has been Managin ...
CEO Compensation Analysis
Compensation vs Market: Jeremy's total compensation ($USD312.62K) is about average for companies of similar size in the German market ($USD417.41K).
Compensation vs Earnings: Jeremy's compensation has increased whilst the company is unprofitable.
|Executive Chairman||7.33yrs||US$400.00k||2.82% $1.3m|
|MD, CFO & Executive Director||no data||US$312.62k||0.043% $20.1k|
|Non-Executive Director||3.42yrs||US$67.35k||6.29% $2.9m|
|Senior Independent Non-Executive Director||1.58yrs||US$5.65k||0.021% $9.7k|
|Independent Non-Executive Director||3yrs||US$59.98k||0.24% $111.6k|
|Non-Executive Director||3.42yrs||US$53.88k||no data|
Experienced Board: 3BEA's board of directors are considered experienced (3.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 24.6%.
Trinity Exploration & Production plc's company bio, employee growth, exchange listings and data sources
- Name: Trinity Exploration & Production plc
- Ticker: 3BEA
- Exchange: DB
- Founded: 1996
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: UK£41.389m
- Listing Market Cap: UK£46.434m
- Shares outstanding: 478.49m
- Website: https://trinityexploration.com
Number of Employees
- Trinity Exploration & Production plc
- Pinsent Masons LLP
- 1 Park Row
- LS1 5AB
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TRIN||AIM (London Stock Exchange AIM Market)||Yes||Ordinary Shares||GB||GBP||Feb 2013|
|BEGY.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Feb 2013|
|3BEA||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Feb 2013|
Trinity Exploration & Production plc, an independent oil company, engages in the exploration, development, production, and sale of crude oil. The company operates a portfolio of producing, development, and exploration assets onshore and offshore in the shallow waters off the west and east coasts of Trinidad. As of December 31, 2018, its proved and probable, as well as contingent resources included 43.26 million stock tank barrels. The company was founded in 1996 and is based in Leeds, the United Kingdom.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/05 01:37|
|End of Day Share Price||2020/06/04 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.