AIM:BPC

Stock Analysis Report

Executive Summary

Bahamas Petroleum Company plc engages in the oil and gas exploration activities in the Commonwealth of the Bahamas.


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

BPCIndustryMarket
7 Day61.7%-5.6%-4.4%
30 Day104.2%-12.7%-6.3%
90 Day145.6%-11.5%-2.7%
1 Year181.2%181.2%-6.6%-11.2%6.7%1.4%
3 Year245.2%245.2%16.8%2.1%12.6%-1.5%
5 Year133.7%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

Valuation

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

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

companyn/amarketbottom25%1.9%markettop25%5.3%industryaverage6.1%forecastin3Yearsn/a

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

NamePositionTenureCompensationOwnership
Simon Potter
CEO & Director8.3yrsno datano data
Adrian John Collins
Non-Executive Director8.3yrsUS$66.09kno data
Ross McDonald
Non-Executive Director7.8yrsUS$58.88kno data
William Schrader
Non-Executive Chairman5.8yrsUS$90.22kno data
James Smith
Non-Executive Deputy Chairman5.8yrsUS$59.02kno 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BPCAIM (London Stock Exchange AIM Market)YesNew Ordinary SharesGBGBPNov 2005
BPVDB (Deutsche Boerse AG)YesNew Ordinary SharesDEEURNov 2005
BSHP.FOTCPK (Pink Sheets LLC)YesNew Ordinary SharesUSUSDNov 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/25 22:10
End of Day Share Price2020/02/25 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.