Bahamas Petroleum
Market Cap
UK£105.2m
Last Updated
2020/02/25 22:10 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.
Risk Analysis
Shareholders have been substantially diluted in the past year
Currently unprofitable and not forecast to become profitable over the next 3 years
Snowflake Analysis
Flawless balance sheet with weak fundamentals.
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's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
61.7%
BPC
-5.6%
GB Oil and Gas
-4.4%
GB Market
1 Year Return
181.2%
BPC
-11.2%
GB Oil and Gas
1.4%
GB Market
Return vs Industry: BPC exceeded the UK Oil and Gas industry which returned -11.2% over the past year.
Return vs Market: BPC exceeded the UK Market which returned 1.4% over the past year.
Shareholder returns
| BPC | Industry | Market | |
|---|---|---|---|
| 7 Day | 61.7% | -5.6% | -4.4% |
| 30 Day | 104.2% | -12.7% | -6.3% |
| 90 Day | 145.6% | -11.5% | -2.7% |
| 1 Year | 181.2%181.2% | -6.6%-11.2% | 6.7%1.4% |
| 3 Year | 245.2%245.2% | 16.8%2.1% | 12.6%-1.5% |
| 5 Year | 133.7%133.7% | 31.2%5.2% | 28.8%-0.7% |
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
1 year ago | Simply Wall St
Breaking Down Bahamas Petroleum Company plc's (LON:BPC) Ownership Structure1 year ago | Simply Wall St
How Does Investing In Bahamas Petroleum Company plc (LON:BPC) Impact Your Portfolio?2 years ago | Simply Wall St
Interested In Energy? Why Bahamas Petroleum Company plc (LON:BPC) May Be The Entry PointValuation
Is Bahamas Petroleum undervalued compared to its fair value and its price relative to the market?
2x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate BPC's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate BPC's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: BPC is unprofitable, so we can't compare its PE Ratio to the 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 overvalued based on its PB Ratio (2x) compared to the GB Oil and Gas industry average (0.6x).
Next Steps
Future Growth
How is Bahamas Petroleum forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
5.4%
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 Bahamas 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
- Examine Bahamas Petroleum'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.
- Bahamas Petroleum competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
Past Performance
How has Bahamas Petroleum performed over the past 5 years?
19.5%
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 19.5% 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 (26.8%).
Return on Equity
High ROE: BPC has a negative Return on Equity (-5.19%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Bahamas Petroleum's financial position?
Financial Position Analysis
Short Term Liabilities: BPC's short term assets ($3.9M) exceed its short term liabilities ($733.5K).
Long Term Liabilities: BPC has no long term liabilities.
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
Inventory Level: BPC has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if BPC'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: BPC has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: BPC has sufficient cash runway for 1 years if free cash flow continues to grow at historical rates of 20.3% each year.
Next Steps
Dividend
What is Bahamas Petroleum's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate BPC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate BPC'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 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?
7.8yrs
Average board tenure
CEO
Simon Potter (61yo)
8.3yrs
Tenure
-US$500,000
Compensation
Mr. Simon Craig Potter, B.Sc. (Geology), M.Sc. has been the Chief Executive Officer of Bahamas Petroleum Company PLC since October 17, 2011. Mr. Potter served as the Chief Executive Officer and Managing Di ...
CEO Compensation Analysis
Compensation vs Market: Simon's total compensation ($USD462.50K) is above average for companies of similar size in the UK market ($USD325.25K).
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 | 8.3yrs | no data | no data | |
| Non-Executive Director | 8.3yrs | US$66.09k | no data | |
| Non-Executive Director | 7.8yrs | US$58.88k | no data | |
| Non-Executive Chairman | 5.8yrs | US$90.22k | no data | |
| Non-Executive Deputy Chairman | 5.8yrs | US$59.02k | no data |
7.8yrs
Average Tenure
64yo
Average Age
Experienced Board: BPC's board of directors are considered experienced (7.8 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.
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£105.248m
- Shares outstanding: 2.17b
- Website: https://www.bpcplc.com
Location
- Bahamas Petroleum Company plc
- IOMA House
- Hope Street
- Douglas
- Isle of Man
- IM1 1AP
- United Kingdom
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. The company owns a 100% interest in five exploration licenses. Bahamas Petroleum Company plc was founded in 2005 and is headquartered in Douglas, the United Kingdom.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/25 22:10 |
| End of Day Share Price | 2020/02/25 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.