AIM:AAOG

Stock Analysis Report

Anglo African Oil & Gas

Executive Summary

Anglo African Oil & Gas plc extracts and explores for natural resources in Africa.

Snowflake

Fundamentals

Exceptional growth potential and fair value.

Share Price & News

How has Anglo African Oil & Gas's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-4.9%

AAOG

-1.1%

GB Oil and Gas

-0.5%

GB Market


1 Year Return

-64.2%

AAOG

6.3%

GB Oil and Gas

3.7%

GB Market

Return vs Industry: AAOG underperformed the UK Oil and Gas industry which returned 6.3% over the past year.

Return vs Market: AAOG underperformed the UK Market which returned 3.7% over the past year.


Shareholder returns

AAOGIndustryMarket
7 Day-4.9%-1.1%-0.5%
30 Day7.4%4.4%2.0%
90 Day-36.3%8.6%5.6%
1 Year-64.2%-64.2%11.6%6.3%9.2%3.7%
3 Yearn/a47.7%28.7%23.4%7.7%
5 Yearn/a37.8%12.2%34.2%3.7%

Price Volatility Vs. Market

How volatile is Anglo African Oil & Gas's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Anglo African Oil & Gas undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: AAOG (£0.03) is trading below our estimate of fair value (£3.92)

Significantly Below Fair Value: AAOG is trading below fair value by more than 20%.


Price To Earnings Ratio

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

PE vs Market: AAOG is unprofitable, so we can't compare its PE Ratio to the UK market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate AAOG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: AAOG is good value based on its PB Ratio (0.7x) compared to the GB Oil and Gas industry average (0.8x).


Next Steps

Future Growth

How is Anglo African Oil & Gas forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

109.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AAOG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.2%).

Earnings vs Market: AAOG is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: AAOG's is expected to become profitable in the next 3 years.

Revenue vs Market: AAOG's revenue (106% per year) is forecast to grow faster than the UK market (3.6% per year).

High Growth Revenue: AAOG's revenue (106% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AAOG's Return on Equity is forecast to be very high in 3 years time (61.4%).


Next Steps

Past Performance

How has Anglo African Oil & Gas performed over the past 5 years?

-62.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AAOG has high quality earnings.

Growing Profit Margin: AAOG's current net profit margins (-5968.4%) are lower than last year (-1540.9%).


Past Earnings Growth Analysis

Earnings Trend: AAOG is unprofitable, and losses have increased over the past 5 years at a rate of -62.9% per year.

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

Earnings vs Industry: AAOG is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (24.7%).


Return on Equity

High ROE: AAOG has a negative Return on Equity (-128.35%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Anglo African Oil & Gas's financial position?


Financial Position Analysis

Short Term Liabilities: AAOG's short term assets (£4.5M) do not cover its short term liabilities (£8.0M)

Long Term Liabilities: AAOG has no long term liabilities


Debt to Equity History and Analysis

Debt Level: AAOG is debt free.

Reducing Debt: AAOG had no debt 5 years ago.


Balance Sheet

Inventory Level: AAOG has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if AAOG's debt is covered by short term assets.


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: AAOG has less than a year of cash runway based on its current free cash flow.

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


Next Steps

Dividend

What is Anglo African Oil & Gas's current dividend yield, its reliability and sustainability?

67.82%

Forecast Dividend Yield


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.3%industryaverage5.2%forecastin3Years67.8%

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate AAOG's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if AAOG's dividends per share have been stable in the past.

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


Next Steps

Management

What is the CEO of Anglo African Oil & Gas's salary, the management and board of directors tenure and is there insider trading?

1.8yrs

Average board tenure


CEO

Anthony Berwick (45yo)

1.8yrs

Tenure

UK£257,200

Compensation

Mr. Anthony James Berwick has been Chief Executive Officer of ANGLO AFRICAN OIL & GAS PLC since January 22, 2018 and has been its Director since January 22, 2018. Mr. Berwick served as Commercial Director  ...


CEO Compensation Analysis

Compensation vs Market: Anthony's total compensation ($USD330.37K) is about average for companies of similar size in the UK market ($USD319.49K).

Compensation vs Earnings: Insufficient data to compare Anthony's compensation with company performance.


Board Age and Tenure

1.8yrs

Average Tenure

65.5yo

Average Age

Experienced Board: AAOG's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


Insider Trading

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 been substantially diluted in the past year, with total shares outstanding growing by 173.4%.


Management Team

  • James Cane (67yo)

    Finance Director & Director

    • Tenure: 3.8yrs
    • Compensation: UK£214.00k
  • Anthony Berwick (45yo)

    CEO & Director

    • Tenure: 1.8yrs
    • Compensation: UK£257.20k
  • Rene Vernet

    Principal Geologist

    • Tenure: 0yrs
  • David Livingston

    Operations Director

    • Tenure: 0yrs

Board Members

  • Brian Moritz (83yo)

    Non-Executive Director

    • Tenure: 0yrs
    • Compensation: UK£25.00k
  • Phil Beck (67yo)

    Non-Executive Director

    • Tenure: 1.8yrs
    • Compensation: UK£25.00k
  • James Cane (67yo)

    Finance Director & Director

    • Tenure: 3.8yrs
    • Compensation: UK£214.00k
  • Nick Butler (64yo)

    Non-Executive Director

    • Tenure: 1.8yrs
    • Compensation: UK£25.00k
  • Anthony Berwick (45yo)

    CEO & Director

    • Tenure: 1.8yrs
    • Compensation: UK£257.20k
  • Nee Cope (47yo)

    Interim Non-Executive Chairman

    • Tenure: 0.2yrs
    • Compensation: UK£25.00k

Company Information

Anglo African Oil & Gas plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Anglo African Oil & Gas plc
  • Ticker: AAOG
  • Exchange: AIM
  • Founded: 2001
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: UK£11.500m
  • Shares outstanding: 396.55m
  • Website: https://www.aaog.co

Number of Employees


Location

  • Anglo African Oil & Gas plc
  • 12 Berkeley Street
  • London
  • Greater London
  • W1J 8DT
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AAOGAIM (London Stock Exchange AIM Market)YesNew Ordinary SharesGBGBPMar 2017
NBEDB (Deutsche Boerse AG)YesNew Ordinary SharesDEEURMar 2017

Biography

Anglo African Oil & Gas plc extracts and explores for natural resources in Africa. It owns interest in the Tilapia field located in the Lower Republic of the Congo Basin. The company was formerly known as  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/13 22:35
End of Day Share Price2019/11/13 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.