DB:TB8A

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Sterling Energy

Executive Summary

Sterling Energy plc, together with its subsidiaries, operates as an upstream oil and gas company primarily in Africa and the Middle East.


Snowflake Analysis

Flawless balance sheet and overvalued.


Similar Companies

Share Price & News

How has Sterling Energy's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: TB8A's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-1.1%

TB8A

13.0%

DE Oil and Gas

3.0%

DE Market


1 Year Return

-10.8%

TB8A

26.0%

DE Oil and Gas

0.2%

DE Market

Return vs Industry: TB8A underperformed the German Oil and Gas industry which returned 26% over the past year.

Return vs Market: TB8A underperformed the German Market which returned 0.2% over the past year.


Shareholder returns

TB8AIndustryMarket
7 Day-1.1%13.0%3.0%
30 Day11.0%14.6%5.4%
90 Day19.0%-3.5%-1.2%
1 Year-10.8%-10.8%29.7%26.0%1.8%0.2%
3 Year-36.8%-36.8%-2.8%-12.1%-7.2%-14.3%
5 Year-59.0%-59.0%157.5%121.0%4.3%-9.1%

Price Volatility Vs. Market

How volatile is Sterling Energy's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Sterling Energy undervalued compared to its fair value and its price relative to the market?

0.42x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate TB8A's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate TB8A's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: TB8A is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.

PE vs Market: TB8A 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 TB8A's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TB8A is good value based on its PB Ratio (0.4x) compared to the DE Oil and Gas industry average (1.1x).


Next Steps

Future Growth

How is Sterling Energy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

34.6%

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 Sterling Energy 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 Sterling Energy performed over the past 5 years?

37.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TB8A is currently unprofitable.

Growing Profit Margin: TB8A is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TB8A is unprofitable, but has reduced losses over the past 5 years at a rate of 37.7% per year.

Accelerating Growth: Unable to compare TB8A's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: TB8A is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-5.2%).


Return on Equity

High ROE: TB8A has a negative Return on Equity (-2.43%), as it is currently unprofitable.


Next Steps

Financial Health

How is Sterling Energy's financial position?


Financial Position Analysis

Short Term Liabilities: TB8A's short term assets ($45.1M) exceed its short term liabilities ($647.0K).

Long Term Liabilities: TB8A's short term assets ($45.1M) exceed its long term liabilities ($765.0K).


Debt to Equity History and Analysis

Debt Level: TB8A is debt free.

Reducing Debt: TB8A has not had any debt for 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: TB8A has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: TB8A has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 17.5% each year


Next Steps

Dividend

What is Sterling Energy's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate TB8A's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TB8A'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 TB8A's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TB8A'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 TB8A'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?

3.3yrs

Average board tenure


CEO

David Marshall (61yo)

1.83yrs

Tenure

US$266,146

Compensation

Mr. David Lee Marshall is Chief Executive Officer and Director of Sterling Energy plc since June 6, 2018. He joined Sterling Energy in June 2018. He is Director of Diamond Sharp Energy Limited. He was Dire ...


CEO Compensation Analysis

Compensation vs Market: David's total compensation ($USD328.49K) is about average for companies of similar size in the German market ($USD426.77K).

Compensation vs Earnings: David's compensation has increased whilst the company is unprofitable.


Board Members

NamePositionTenureCompensationOwnership
David Marshall
CEO & Director1.83yrsUS$266.15kno data
Leo Koot
Senior Independent Non-Executive Director3.33yrsUS$51.40kno data
Mikhail Kroupeev
Non-Executive Chairman3.33yrsUS$102.80kno data
Ilya Belyaev
Non-Executive Director3.33yrsUS$37.01kno data

3.3yrs

Average Tenure

54.5yo

Average Age

Experienced Board: TB8A's board of directors are considered experienced (3.3 years average tenure).


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

Sterling Energy plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sterling Energy plc
  • Ticker: TB8A
  • Exchange: DB
  • Founded: 1983
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: UK£22.280m
  • Listing Market Cap: UK£24.736m
  • Shares outstanding: 220.05m
  • Website: https://www.sterlingenergyplc.com

Number of Employees


Location

  • Sterling Energy plc
  • High Holborn House
  • 52-54 High Holborn
  • London
  • Greater London
  • WC1V 6RL
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SEYAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPOct 2002
STGA.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDOct 2002
TB8ADB (Deutsche Boerse AG)YesOrdinary SharesDEEUROct 2002

Biography

Sterling Energy plc, together with its subsidiaries, operates as an upstream oil and gas company primarily in Africa and the Middle East. It is involved in the appraisal, exploration, development, and production of oil and gas. The company holds 34% interest in an exploration project covering approximately 22,840 square kilometers located in Somaliland. The company was incorporated in 1983 and is headquartered in London, the United Kingdom. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/31 22:56
End of Day Share Price2020/05/29 00:00
Earnings2019/12/31
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.