AIM:BOR

Stock Analysis Report

Borders & Southern Petroleum

Executive Summary

Borders & Southern Petroleum plc operates as an independent oil and gas exploration company in the Falkland Islands.


Snowflake Analysis

Adequate balance sheet and overvalued.


Similar Companies

Share Price & News

How has Borders & Southern Petroleum's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

14.3%

BOR

15.3%

GB Oil and Gas

6.2%

GB Market


1 Year Return

-59.5%

BOR

-42.8%

GB Oil and Gas

-22.7%

GB Market

Return vs Industry: BOR underperformed the UK Oil and Gas industry which returned -42.8% over the past year.

Return vs Market: BOR underperformed the UK Market which returned -22.7% over the past year.


Shareholder returns

BORIndustryMarket
7 Day14.3%15.3%6.2%
30 Day-39.2%-27.2%-17.8%
90 Day-49.9%-41.9%-27.7%
1 Year-59.5%-59.5%-39.8%-42.8%-18.6%-22.7%
3 Year-80.0%-80.0%-21.8%-31.7%-13.4%-24.6%
5 Year-85.3%-85.3%-4.1%-24.0%1.3%-22.0%

Price Volatility Vs. Market

How volatile is Borders & Southern Petroleum's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Borders & Southern Petroleum undervalued compared to its fair value and its price relative to the market?

0.016x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: BOR is good value based on its PB Ratio (0x) compared to the GB Oil and Gas industry average (0.4x).


Next Steps

Future Growth

How is Borders & Southern Petroleum forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

16.3%

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 Borders & Southern 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 Borders & Southern Petroleum performed over the past 5 years?

10.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BOR is currently unprofitable.

Growing Profit Margin: BOR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BOR is unprofitable, but has reduced losses over the past 5 years at a rate of 10.6% per year.

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

Earnings vs Industry: BOR is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (38.2%).


Return on Equity

High ROE: BOR has a negative Return on Equity (-0.62%), as it is currently unprofitable.


Next Steps

Financial Health

How is Borders & Southern Petroleum's financial position?


Financial Position Analysis

Short Term Liabilities: BOR's short term assets ($4.8M) exceed its short term liabilities ($489.0K).

Long Term Liabilities: BOR has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: BOR is debt free.

Reducing Debt: BOR has not had any debt for past 5 years.


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if BOR'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: Insufficient data to determine if BOR has enough cash runway based on its current free cash flow.

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


Next Steps

Dividend

What is Borders & Southern Petroleum's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Next Steps

Management

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

14.9yrs

Average board tenure


CEO

Howard Obee (58yo)

15.75s

Tenure

US$250,000

Compensation

Mr. Howard Kevin Obee has been the Chief Executive Officer of Borders & Southern Petroleum since June 28, 2004. Mr. Obee has spent 20 years in the oil industry, initially with BP from 1985 to 1992 and subs ...


CEO Compensation Analysis

Compensation vs Market: Howard's total compensation ($USD310.14K) is about average for companies of similar size in the UK market ($USD332.86K).

Compensation vs Earnings: Howard's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Howard Obee
Chief Executive Officer & Director15.75yrsUS$250.00k2.07% $80.0k
Peter Fleming
Finance Director & Director14.92yrsUS$200.00k0.45% $17.6k
David Williamson Dobson
Non-Executive Chairmanno datano data5.51% $213.4k
Christopher Hurst-Brown
Non-Executive Director14.92yrsUS$1.82k0.32% $12.2k

14.9yrs

Average Tenure

62yo

Average Age

Experienced Board: BOR's board of directors are seasoned and experienced ( 14.9 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

Borders & Southern Petroleum plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Borders & Southern Petroleum plc
  • Ticker: BOR
  • Exchange: AIM
  • Founded: 2004
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: UK£3.873m
  • Shares outstanding: 484.10m
  • Website: https://www.bordersandsouthern.com

Number of Employees


Location

  • Borders & Southern Petroleum plc
  • 33 St James's Square
  • London
  • Greater London
  • SW1Y 4JS
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BORAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPMay 2005
BDRS.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDMay 2005
B5TDB (Deutsche Boerse AG)YesOrdinary SharesDEEURMay 2005

Biography

Borders & Southern Petroleum plc operates as an independent oil and gas exploration company in the Falkland Islands. It is involved in the exploration and appraisal of hydrocarbons. The company holds a 100% interest in three production licenses covering an area of approximately 10,000 square kilometers in the Falkland Islands. Borders & Southern Petroleum plc was incorporated in 2004 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 Analysis2020/03/30 21:06
End of Day Share Price2020/03/30 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.