Sterling Energy plc, together with its subsidiaries, operates as an upstream oil and gas company primarily in Africa and the Middle East.
Flawless balance sheet and overvalued.
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.
7 Day Return
DE Oil and Gas
1 Year Return
DE Oil and Gas
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.
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
Is Sterling Energy undervalued compared to its fair value and its price relative to the market?
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).
How is Sterling Energy 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 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.
- Examine Sterling Energy's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Sterling Energy competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
How has Sterling Energy performed over the past 5 years?
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.
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 ($765.0K).
Debt to Equity History and Analysis
Debt Level: TB8A is debt free.
Reducing Debt: TB8A has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: TB8A has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: TB8A has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 17.5% each year
What is Sterling Energy's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TB8A's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TB8A's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TB8A's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TB8A's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TB8A's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
David Marshall (61yo)
Mr. David Lee Marshall is Chief Executive Officer and Director of Sterling Energy plc since June 6, 2018. He joined Sterling Energy in June 2018. He is Director of Diamond Sharp Energy Limited. He was Dire ...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($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.
|CEO & Director||1.83yrs||US$266.15k||no data|
|Senior Independent Non-Executive Director||3.33yrs||US$51.40k||no data|
|Non-Executive Chairman||3.33yrs||US$102.80k||no data|
|Non-Executive Director||3.33yrs||US$37.01k||no data|
Experienced Board: TB8A's board of directors are considered experienced (3.3 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Sterling Energy plc's company bio, employee growth, exchange listings and data sources
- 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
- Sterling Energy plc
- High Holborn House
- 52-54 High Holborn
- Greater London
- WC1V 6RL
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SEY||AIM (London Stock Exchange AIM Market)||Yes||Ordinary Shares||GB||GBP||Oct 2002|
|STGA.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Oct 2002|
|TB8A||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Oct 2002|
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
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/31 22:56|
|End of Day Share Price||2020/05/29 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.