DB:B3W

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P/F Atlantic Petroleum

Executive Summary

P/F Atlantic Petroleum, together with its subsidiaries, engages in the exploration, appraisal, development, and production of oil and gas properties in the Faroe Islands, the United Kingdom, Norway, and Ireland.


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

How has P/F Atlantic Petroleum's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: B3W's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

7.6%

B3W

10.2%

DE Oil and Gas

2.6%

DE Market


1 Year Return

n/a

B3W

25.6%

DE Oil and Gas

0.5%

DE Market

Return vs Industry: Insufficient data to determine how B3W performed against the German Oil and Gas industry.

Return vs Market: Insufficient data to determine how B3W performed against the German Market.


Shareholder returns

B3WIndustryMarket
7 Day7.6%10.2%2.6%
30 Day10.7%15.0%7.6%
90 Day-7.5%-7.6%-1.7%
1 Yearn/a29.3%25.6%2.2%0.5%
3 Year-54.1%-54.1%-2.9%-12.0%-4.8%-12.1%
5 Year-85.2%-85.2%154.0%118.0%7.8%-6.0%

Price Volatility Vs. Market

How volatile is P/F Atlantic Petroleum's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is P/F Atlantic Petroleum undervalued compared to its fair value and its price relative to the market?

3.56x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate B3W's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate B3W's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: B3W is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.

PE vs Market: B3W 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 B3W's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: B3W is overvalued based on its PB Ratio (3.6x) compared to the DE Oil and Gas industry average (1.1x).


Next Steps

Future Growth

How is P/F Atlantic Petroleum forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

35.6%

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 P/F Atlantic Petroleum 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.


Next Steps

Past Performance

How has P/F Atlantic Petroleum performed over the past 5 years?

54.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: B3W is currently unprofitable.

Growing Profit Margin: B3W is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: B3W is unprofitable, but has reduced losses over the past 5 years at a rate of 54.9% per year.

Accelerating Growth: Unable to compare B3W's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: B3W is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-8.4%).


Return on Equity

High ROE: B3W has a negative Return on Equity (-1378.93%), as it is currently unprofitable.


Next Steps

Financial Health

How is P/F Atlantic Petroleum's financial position?


Financial Position Analysis

Short Term Liabilities: B3W's short term assets (DKK23.9M) do not cover its short term liabilities (DKK81.4M).

Long Term Liabilities: B3W's short term assets (DKK23.9M) do not cover its long term liabilities (DKK48.0M).


Debt to Equity History and Analysis

Debt Level: B3W's debt to equity ratio (1848.3%) is considered high.

Reducing Debt: B3W's debt to equity ratio has increased from 51.8% to 1848.3% over the past 5 years.


Balance Sheet


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: Insufficient data to determine if B3W has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if B3W has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is P/F Atlantic Petroleum's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate B3W's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate B3W'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 B3W's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if B3W'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 B3W's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.9yrs

Average board tenure


CEO

Mark Højgaard

1.08yrs

Tenure

Mr. Mark T. Højgaard has been Chief Executive Officer of P/F Atlantic Petroleum since May 24, 2019. Mr. Højgaard is licensed as Certified Public Accountant in the Faroe Islands and has experience in auditi ...


Board Members

NamePositionTenureCompensationOwnership
Mourits Joensen
Director0.92yrø1.02m0.0090% DKK212.2
Ben Arabo
Chairman0.92yrø1.25m0.066% DKK1.6k
Kaj Johannesen
Deputy Chairman0.92yrno datano data

0.9yrs

Average Tenure

Experienced Board: B3W's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

P/F Atlantic Petroleum's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: P/F Atlantic Petroleum
  • Ticker: B3W
  • Exchange: DB
  • Founded: 1998
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: ø17.528m
  • Listing Market Cap: ø2.350m
  • Shares outstanding: 3.70m
  • Website: https://www.petroleum.fo

Number of Employees


Location

  • P/F Atlantic Petroleum
  • Yviri vio Strond 4
  • PO Box 1228
  • Tórshavn
  • The Faroe Islands
  • 110
  • Denmark

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ATLA DKKCPSE (OMX Nordic Exchange Copenhagen)YesOrdinary Shares DKK 100DKDKKMay 2006
0OF9LSE (London Stock Exchange)YesOrdinary Shares DKK 100GBDKKMay 2006
ATLA NOKOB (Oslo Bors)YesOrdinary Shares DKK 100NONOKMay 2006
B3WDB (Deutsche Boerse AG)YesOrdinary Shares DKK 100DEEURMay 2006

Biography

P/F Atlantic Petroleum, together with its subsidiaries, engages in the exploration, appraisal, development, and production of oil and gas properties in the Faroe Islands, the United Kingdom, Norway, and Ireland. The company was founded in 1998 and is based in Tórshavn, Denmark. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/03 00:36
End of Day Share Price2020/06/02 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.