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Ascent Resources

AIM:AST
Snowflake Description

Adequate balance sheet with limited growth.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AST
AIM
£12M
Market Cap
  1. Home
  2. GB
  3. Energy
Company description

Ascent Resources plc operates as an independent oil and gas exploration and production company in Slovenia. The last earnings update was 214 days ago. More info.


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  • Ascent Resources has significant price volatility in the past 3 months.
AST Share Price and Events
7 Day Returns
-13%
AIM:AST
0.4%
GB Oil and Gas
0.6%
GB Market
1 Year Returns
-60.8%
AIM:AST
17.2%
GB Oil and Gas
1.1%
GB Market
AST Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Ascent Resources (AST) -13% 81.8% 81.8% -60.8% -72.2% -95.2%
GB Oil and Gas 0.4% 4% 7.4% 17.2% 50.4% -2.9%
GB Market 0.6% 3.6% 6.9% 1.1% 15.6% 6.2%
1 Year Return vs Industry and Market
  • AST underperformed the Oil and Gas industry which returned 17.2% over the past year.
  • AST underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 1.1% over the past year.
Price Volatility
AST
Industry
5yr Volatility vs Market

AST Value

 Is Ascent Resources undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Ascent Resources. This is due to cash flow or dividend data being unavailable. The share price is £0.005.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Ascent Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ascent Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:AST PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in GBP £0.00
AIM:AST Share Price ** AIM (2019-04-18) in GBP £0.01
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry PE Ratio Median Figure of 32 Publicly-Listed Oil and Gas Companies 9.96x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 797 Publicly-Listed Companies 16.29x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Ascent Resources.

AIM:AST PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:AST Share Price ÷ EPS (both in GBP)

= 0.01 ÷ 0.00

-8.18x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ascent Resources is loss making, we can't compare its value to the GB Oil and Gas industry average.
  • Ascent Resources is loss making, we can't compare the value of its earnings to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Ascent Resources's expected growth come at a high price?
Raw Data
AIM:AST PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -8.18x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
Not available
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry PEG Ratio Median Figure of 19 Publicly-Listed Oil and Gas Companies 0.47x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 564 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Ascent Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Ascent Resources's assets?
Raw Data
AIM:AST PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in GBP £0.02
AIM:AST Share Price * AIM (2019-04-18) in GBP £0.01
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry PB Ratio Median Figure of 102 Publicly-Listed Oil and Gas Companies 0.85x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,367 Publicly-Listed Companies 1.51x
AIM:AST PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:AST Share Price ÷ Book Value per Share (both in GBP)

= 0.01 ÷ 0.02

0.26x

* Primary Listing of Ascent Resources.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ascent Resources is good value based on assets compared to the GB Oil and Gas industry average.
X
Value checks
We assess Ascent Resources's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Ascent Resources has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

AST Future Performance

 How is Ascent Resources expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
89%
Expected annual growth in revenue.
Earnings growth vs Low Risk Savings
Is Ascent Resources expected to grow at an attractive rate?
  • Unable to compare Ascent Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Ascent Resources's earnings growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
  • Ascent Resources's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
AIM:AST Future Growth Rates Data Sources
Data Point Source Value (per year)
AIM:AST Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 89%
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 14.2%
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 3%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 11%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
AIM:AST Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:AST Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2019-12-31 8 1
2018-12-31 3 1
AIM:AST Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2018-06-30 2 -1 -1
2018-03-31 1 -1 -2
2017-12-31 1 -2 -2
2017-09-30 0 -2 -2
2017-06-30 0 -2 -3
2017-03-31 0 -2 -3
2016-12-31 -1 -3
2016-09-30 -2 -2
2016-06-30 -2 -2
2016-03-31 -2 -3
2015-12-31 -2 -4
2015-09-30 -2 -5

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Ascent Resources is high growth as no earnings estimate data is available.
  • Ascent Resources's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
AIM:AST Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Ascent Resources Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:AST Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2019-12-31
2018-12-31
AIM:AST Past Financials Data
Date (Data in GBP Millions) EPS *
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.00
2016-12-31 0.00
2016-09-30 -0.01
2016-06-30 -0.01
2016-03-31 -0.02
2015-12-31 -0.04
2015-09-30 -0.06

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Ascent Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Ascent Resources's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Ascent Resources has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

AST Past Performance

  How has Ascent Resources performed over the past 5 years?

  • Ascent Resources's last earnings update was 214 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Ascent Resources's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Ascent Resources does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Ascent Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Ascent Resources's 1-year growth to the GB Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Ascent Resources's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Ascent Resources Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:AST Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 1.94 -1.36 2.00
2018-03-31 1.38 -1.66 2.01
2017-12-31 0.81 -1.97 2.03
2017-09-30 0.48 -2.26 1.83
2017-06-30 0.15 -2.55 1.63
2017-03-31 0.08 -2.61 1.50
2016-12-31 -2.68 1.38
2016-09-30 -2.49 1.33
2016-06-30 -2.30 1.27
2016-03-31 -2.97 1.44
2015-12-31 -3.64 1.61
2015-09-30 -5.03 1.69
2015-06-30 -6.42 1.78
2015-03-31 -6.02 1.83
2014-12-31 -5.62 1.88
2014-06-30 -2.33 1.99
2014-03-31 -2.04 1.96
2013-12-31 -1.76 1.92
2013-06-30 0.08 -2.84 2.48
2013-03-31 0.08 -2.87 2.37
2012-12-31 0.08 -2.90 2.26
2012-09-30 1.02 -5.74 2.56
2012-06-30 0.94 -5.49 2.46

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Ascent Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Ascent Resources has efficiently used its assets last year compared to the GB Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Ascent Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Ascent Resources's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Ascent Resources has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

AST Health

 How is Ascent Resources's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Ascent Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ascent Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Ascent Resources's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Ascent Resources's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 29x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Ascent Resources Company Filings, last reported 9 months ago.

AIM:AST Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 43.14 0.04 0.23
2018-03-31 43.14 0.04 0.23
2017-12-31 43.73 0.04 0.72
2017-09-30 43.73 0.04 0.72
2017-06-30 40.15 2.39 2.71
2017-03-31 40.15 2.39 2.71
2016-12-31 33.87 6.16 3.15
2016-09-30 33.87 6.16 3.15
2016-06-30 25.95 9.42 0.86
2016-03-31 25.95 9.42 0.86
2015-12-31 20.67 11.24 0.03
2015-09-30 20.67 11.24 0.03
2015-06-30 18.46 9.69 0.24
2015-03-31 18.46 9.69 0.24
2014-12-31 20.45 9.62 0.46
2014-06-30 22.64 8.32 0.94
2014-03-31 22.64 8.32 0.94
2013-12-31 25.11 5.71 0.18
2013-06-30 26.73 5.03 2.15
2013-03-31 26.73 5.03 2.15
2012-12-31 26.55 5.79 3.45
2012-09-30 26.55 5.79 3.45
2012-06-30 33.26 1.37 0.47
  • Ascent Resources's level of debt (0.1%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (18.8% vs 0.1% today).
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.

  • Ascent Resources has less than a year of cash runway based on current free cash flow.
  • Ascent Resources has less than a year of cash runway if free cash flow continues to grow at historical rates of 32.4% each year.
X
Financial health checks
We assess Ascent Resources's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Ascent Resources has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

AST Dividends

 What is Ascent Resources's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Ascent Resources dividends. Estimated to be 0% next year.
If you bought £2,000 of Ascent Resources shares you are expected to receive £0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Ascent Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Ascent Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
AIM:AST Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 4.7%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 705 Stocks 4.2%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

AIM:AST Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2019-12-31 0.00 1.00
2018-12-31 0.00 1.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Ascent Resources has not reported any payouts.
  • Unable to verify if Ascent Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Ascent Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Ascent Resources has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Ascent Resources's dividends in 3 years as they are not expected to pay a notable one for United Kingdom of Great Britain and Northern Ireland.
X
Income/ dividend checks
We assess Ascent Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Ascent Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Ascent Resources has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

AST Management

 What is the CEO of Ascent Resources's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Colin Hutchinson
COMPENSATION £154,516
AGE 42
TENURE AS CEO 2.9 years
CEO Bio

Mr. Colin Hutchinson, LLB, FCA, MBA, has been the Chief Executive Officer of Ascent Resources plc since May 10, 2016 and serves as its Secretary. Mr. Hutchinson served as an Interim Chief Executive of Ascent Resources plc since September 2015 until May 10, 2016 and its Finance Director since August 20, 2014 until May 10, 2016. He served as Company Secretary and Group Financial Controller of Ascent Resources plc since March 2013. He served as Financial Controller of Lochard Energy PLC and Finance Director at Samba Communications. He has 15 years of international experience gained in commercially orientated finance roles with high growth organisations and start-ups. He has experience across a range of different sectors including telecoms, technology & energy. He served as a Non Executive Director of VPhase Plc (alternatively iafyds plc) since February 7, 2014. He has been a Director of Ascent Resources plc since August 20, 2014. Mr. Hutchinson served as a Non-Executive Director of 365 Agile Group plc until November 1, 2016. He is a Chartered Accountant. he holds a law degree from the University of Dundee and an MBA from Warwick Business School.

CEO Compensation
  • Colin's compensation has increased whilst company is loss making.
  • Colin's remuneration is lower than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team

Colin Hutchinson

TITLE
CEO, Secretary & Director
COMPENSATION
£155K
AGE
42
TENURE
2.9 yrs

John Buggenhagen

TITLE
COO & Director
AGE
49
TENURE
0.3 yrs
Board of Directors Tenure

Average tenure and age of the Ascent Resources board of directors in years:

0.2
Average Tenure
54.5
Average Age
  • The average tenure for the Ascent Resources board of directors is less than 3 years, this suggests a new board.
Board of Directors

William Davies

TITLE
Non-Executive Chairman
COMPENSATION
£30K
AGE
74
TENURE
0.3 yrs

Colin Hutchinson

TITLE
CEO, Secretary & Director
COMPENSATION
£155K
AGE
42
TENURE
4.7 yrs

John Buggenhagen

TITLE
COO & Director
AGE
49
TENURE
0.2 yrs

Louis Castro

TITLE
Non-Executive Director
AGE
60
TENURE
0.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
06. Nov 18 Buy Asif Karim Individual 05. Nov 18 05. Nov 18 8,942,667 £0.01 £46,950
01. Nov 18 Buy Asif Karim Individual 30. Oct 18 30. Oct 18 5,000,000 £0.01 £27,499
21. Sep 18 Buy Asif Karim Individual 14. Sep 18 14. Sep 18 6,221,905 £0.01 £55,936
07. Sep 18 Sell Asif Karim Individual 04. Sep 18 04. Sep 18 -10,000,000 £0.01 £-76,002
24. Aug 18 Sell Asif Karim Individual 02. Jul 18 21. Aug 18 -23,571,184 £0.01 £-198,644
24. Aug 18 Buy Asif Karim Individual 06. Aug 18 06. Aug 18 18,181,819 £0.00 £80,005
X
Management checks
We assess Ascent Resources's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Ascent Resources has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

AST News

Simply Wall St News

Have Insiders Been Selling Ascent Resources plc (LON:AST) Shares?

So shareholders might well want to know whether insiders have been buying or selling shares in Ascent Resources plc (LON:AST). … As Peter Lynch said, 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.'. … Ascent Resources Insider Transactions Over The Last Year.

Simply Wall St -

The Ascent Resources Share Price Is Down 98% So Some Shareholders Are Very Salty

Spare a thought for anyone who held Ascent Resources plc (LON:AST) for five whole years - as the share price tanked 98%. … Check out our latest analysis for Ascent Resources. … But since the share price has dived -53% per year, over 5 years, it looks like some investors think it's time to abandon ship, so to speak

Simply Wall St -

Read This Before Buying Ascent Resources plc (LON:AST) Shares

So before you buy or sell Ascent Resources plc (LON:AST), you may well want to know whether insiders have been buying or selling. … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … As Peter Lynch said, 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.'.

Simply Wall St -

Who Are Ascent Resources plc's (LON:AST) Major Shareholders?

When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. … View our latest analysis for Ascent Resources AIM:AST Ownership_summary Jun 1st 18 Institutional Ownership AST's 96.98% institutional ownership seems enough to cause large share price movements in the case of significant share sell-off or acquisitions by institutions, particularly when there is a low level of public shares available on the market to trade. … However, an ownership of this size may be relatively insignificant, meaning that these shareholders may not have the potential to influence AST's business strategy.

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Ascent Resources plc (LON:AST): Risks You Need To Consider Before Buying

A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … With a beta of 5.32, Ascent Resources is a stock that tends to experience more gains than the market during a growth phase and also a bigger reduction in value compared to the market during a broad downturn. … An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive.

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What Is Ascent Resources plc's (LON:AST) Share Price Doing?

I find that Ascent Resources’s ratio of 0.48x is trading slightly below its industry peers’ ratio of 1.3x, which means if you buy Ascent Resources today, you’d be paying a relatively fair price for it. … Since Ascent Resources’s share price is quite volatile, we could potentially see it sink lower (or rise higher) in the future, giving us another chance to buy. … AST’s optimistic future growth appears to have been factored into the current share price, with shares trading around its fair value.

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With A -10.72% Earnings Drop, Is Ascent Resources plc's (LON:AST) A Concern?

Assessing Ascent Resources plc's (AIM:AST) past track record of performance is a useful exercise for investors. … Check out our latest analysis for Ascent Resources Did AST perform worse than its track record and industry? … Ascent Resources's track record can be a valuable insight into its earnings performance, but it certainly doesn't tell the whole story.

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What Investors Should Know About Ascent Resources plc's (LON:AST) Financial Strength

How does AST’s operating cash flow stack up against its debt? … As the purpose of this article is a high-level overview, I won’t be looking at this today, but you can assess some of AST’s operating efficiency ratios such as ROA here. … Risk around debt is extremely low for AST, and the company also has the ability and headroom to increase debt if needed going forward.Next Steps: AST’s cash flow coverage indicates it could improve its operating efficiency in order to meet demand for debt repayments should unforeseen events arise.

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At £0.013, Is It Time To Buy Ascent Resources plc (LON:AST)?

Ascent Resources plc (AIM:AST), an energy company based in United Kingdom, saw significant share price volatility over the past couple of months on the AIM, rising to the highs of £0.02 and falling to the lows of £0.01. … The stock’s ratio of 0.59x is currently trading slightly below its industry peers’ ratio of 0.88x, which means if you buy Ascent Resources today, you’d be paying a relatively fair price for it. … And if you believe Ascent Resources should be trading in this range, then there isn’t much room for the share price grow beyond what it’s currently trading.

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Interested In Ascent Resources plc (AIM:AST)? Here's What Its Recent Track-Record Looks Like

When Ascent Resources plc (AIM:AST) announced its most recent earnings (30 June 2017), I did two things: looked at its past earnings track record, then look at what is happening in the industry. … For Ascent Resources, the most recent earnings -£2.6M, which, against the prior year's figure, has become more negative. … Ascent Resources's track record can be a valuable insight into its earnings performance, but it certainly doesn't tell the whole story.

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AST Company Info

Description

Ascent Resources plc operates as an independent oil and gas exploration and production company in Slovenia. It principally holds a 75% interest in the Petišovci Tight gas project, which covers an area of 98 square kilometers located in north eastern Slovenia. The company was founded in 2004 and is headquartered in London, the United Kingdom.

Details
Name: Ascent Resources plc
AST
Exchange: AIM
Founded: 2004
£12,061,813
2,412,362,783
Website: http://www.ascentresources.co.uk
Address: Ascent Resources plc
5 New Street Square,
London,
Greater London, EC4A 3TW,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM AST Ordinary Shares London Stock Exchange AIM Market GB GBP 10. Nov 2004
DB A2N1 Ordinary Shares Deutsche Boerse AG DE EUR 10. Nov 2004
AIM AST ORD GBP0.002 London Stock Exchange AIM Market GB GBP 22. Apr 2019
Number of employees
Current staff
Staff numbers
9
Ascent Resources employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/22 20:36
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/01/18
Last earnings filing: 2018/09/20
Last earnings reported: 2018/06/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.