Bahamas Petroleum
Market Cap
UK£26.6m
Last Updated
2021/03/03 18:33 UTC
Data Sources
Company Financials +
Executive Summary
Bahamas Petroleum Company plc engages in the oil and gas exploration activities in the Commonwealth of the Bahamas. More Details
Snowflake Analysis
Excellent balance sheet and fair value.
Similar Companies
Share Price & News
How has Bahamas Petroleum's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BPC is more volatile than 90% of UK stocks over the past 3 months, typically moving +/- 23% a week.
Volatility Over Time: BPC's weekly volatility (23%) has been stable over the past year, but is still higher than 75% of UK stocks.
Market Performance
7 Day Return
-1.6%
BPC
3.2%
GB Oil and Gas
-0.2%
GB Market
1 Year Return
-89.2%
BPC
-6.8%
GB Oil and Gas
1.1%
GB Market
Return vs Industry: BPC underperformed the UK Oil and Gas industry which returned -6.8% over the past year.
Return vs Market: BPC underperformed the UK Market which returned 1.1% over the past year.
Shareholder returns
| BPC | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.6% | 3.2% | -0.2% |
| 30 Day | -76.2% | 10.3% | 3.6% |
| 90 Day | -81.1% | 13.3% | 4.2% |
| 1 Year | -89.2%-89.2% | -1.7%-6.8% | 7.0%1.1% |
| 3 Year | -45.7%-45.7% | 1.0%-12.9% | 10.6%-2.7% |
| 5 Year | -73.6%-73.6% | 46.6%15.9% | 40.5%13.4% |
Long-Term Price Volatility Vs. Market
How volatile is Bahamas Petroleum's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 months ago | Simply Wall St
What Kind Of Shareholders Own Bahamas Petroleum Company plc (LON:BPC)?6 months ago | Simply Wall St
What You Need To Know About Bahamas Petroleum Company plc's (LON:BPC) Investor Composition2 years ago | Simply Wall St
Breaking Down Bahamas Petroleum Company plc's (LON:BPC) Ownership StructureValuation
Is Bahamas Petroleum 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: BPC (£0.01) is trading below our estimate of fair value (£0.13)
Significantly Below Fair Value: BPC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BPC is unprofitable, so we can't compare its PE Ratio to the GB Oil and Gas industry average.
PE vs Market: BPC 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 BPC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BPC is good value based on its PB Ratio (0.2x) compared to the GB Oil and Gas industry average (1x).
Next Steps
Future Growth
How is Bahamas Petroleum forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
122.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BPC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1%).
Earnings vs Market: BPC is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: BPC's is expected to become profitable in the next 3 years.
Revenue vs Market: Insufficient data to determine if BPC's revenue is forecast to grow faster than the UK market.
High Growth Revenue: Insufficient data to determine if BPC's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if BPC's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Bahamas Petroleum performed over the past 5 years?
5.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BPC is currently unprofitable.
Growing Profit Margin: BPC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BPC is unprofitable, but has reduced losses over the past 5 years at a rate of 5.9% per year.
Accelerating Growth: Unable to compare BPC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BPC is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-47%).
Return on Equity
High ROE: BPC has a negative Return on Equity (-8.32%), as it is currently unprofitable.
Next Steps
Financial Health
How is Bahamas Petroleum's financial position?
Financial Position Analysis
Short Term Liabilities: BPC's short term assets ($12.9M) exceed its short term liabilities ($3.4M).
Long Term Liabilities: BPC's short term assets ($12.9M) exceed its long term liabilities ($24.6K).
Debt to Equity History and Analysis
Debt Level: BPC is debt free.
Reducing Debt: BPC 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: BPC has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: BPC has less than a year of cash runway if free cash flow continues to grow at historical rates of 5.2% each year.
Next Steps
Dividend
What is Bahamas Petroleum current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BPC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BPC'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 BPC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BPC'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 BPC'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?
7.9yrs
Average board tenure
CEO
Simon Potter (62 yo)
9.42yrs
Tenure
US$394,941
Compensation
Mr. Simon Craig Potter, B.Sc. (Geology), M.Sc. has been the Chief Executive Officer of Bahamas Petroleum Company PLC since October 17, 2011. Mr. Potter served as the Chief Executive Officer and Managing Di...
CEO Compensation Analysis
Compensation vs Market: Simon's total compensation ($USD394.94K) is about average for companies of similar size in the UK market ($USD335.50K).
Compensation vs Earnings: Simon's compensation has been consistent with company performance over the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 9.42yrs | US$394.94k | 0.099% $ 26.4k | |
| Non-Executive Director | 9.42yrs | US$68.07k | 0.055% $ 14.5k | |
| Non-Executive Director | 8.92yrs | US$55.11k | 0.051% $ 13.6k | |
| Non-Executive Chairman | 6.92yrs | US$84.39k | 0.076% $ 20.3k | |
| Non-Executive Deputy Chairman | 6.92yrs | US$54.97k | 0.046% $ 12.2k | |
| Alternate Director | 0.67yr | no data | no data |
7.9yrs
Average Tenure
66yo
Average Age
Experienced Board: BPC's board of directors are considered experienced (7.9 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 126.7%.
Top Shareholders
Company Information
Bahamas Petroleum Company plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Bahamas Petroleum Company plc
- Ticker: BPC
- Exchange: AIM
- Founded: 2005
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: UK£26.612m
- Shares outstanding: 4.84b
- Website: https://www.bpcplc.com
Location
- Bahamas Petroleum Company plc
- IOMA House
- Hope Street
- Douglas
- IM1 1AP
- Isle of Man
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BPC | AIM (London Stock Exchange AIM Market) | Yes | New Ordinary Shares | GB | GBP | Nov 2005 |
| BPV | DB (Deutsche Boerse AG) | Yes | New Ordinary Shares | DE | EUR | Nov 2005 |
| BSHP.F | OTCPK (Pink Sheets LLC) | Yes | New Ordinary Shares | US | USD | Nov 2005 |
Biography
Bahamas Petroleum Company plc engages in the oil and gas exploration activities in the Commonwealth of the Bahamas. Bahamas Petroleum Company plc was founded in 2005 and is headquartered in Douglas, the Un...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/03 18:33 |
| End of Day Share Price | 2021/03/03 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.