Columbus Energy Resources plc engages in the exploration and production of oil and gas on onshore Trinidad and Surinam.
High growth potential with mediocre balance sheet.
Share Price & News
How has Columbus Energy Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CERP's share price has been volatile over the past 3 months.
7 Day Return
GB Oil and Gas
1 Year Return
GB Oil and Gas
Return vs Industry: CERP matched the UK Oil and Gas industry which returned -5.1% over the past year.
Return vs Market: CERP underperformed the UK Market which returned 7.1% over the past year.
Price Volatility Vs. Market
How volatile is Columbus Energy Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
12 hours ago | Simply Wall StDo Institutions Own Columbus Energy Resources plc (LON:CERP) Shares?
2 months ago | Simply Wall StInvestors Who Bought Columbus Energy Resources (LON:CERP) Shares Five Years Ago Are Now Down 96%
4 months ago | Simply Wall StWhen Will Columbus Energy Resources plc (LON:CERP) Breakeven?
Is Columbus Energy Resources undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CERP (£0.02) is trading below our estimate of fair value (£0.53)
Significantly Below Fair Value: CERP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CERP is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.
PE vs Market: CERP 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 CERP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CERP is overvalued based on its PB Ratio (0.8x) compared to the GB Oil and Gas industry average (0.7x).
How is Columbus Energy Resources forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CERP is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.5%).
Earnings vs Market: CERP is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: CERP's is expected to become profitable in the next 3 years.
Revenue vs Market: CERP's revenue (75.6% per year) is forecast to grow faster than the UK market (3.5% per year).
High Growth Revenue: CERP's revenue (75.6% per year) 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 CERP's Return on Equity is forecast to be high in 3 years time
How has Columbus Energy Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CERP is currently unprofitable.
Growing Profit Margin: CERP is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CERP is unprofitable, but has reduced losses over the past 5 years at a rate of 8.4% per year.
Accelerating Growth: Unable to compare CERP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CERP 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: CERP has a negative Return on Equity (-10.11%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Columbus Energy Resources's financial position?
Financial Position Analysis
Short Term Liabilities: CERP's short term assets (£4.1M) do not cover its short term liabilities (£6.4M).
Long Term Liabilities: CERP's short term assets (£4.1M) exceed its long term liabilities (£2.5M).
Debt to Equity History and Analysis
Debt Level: CERP's debt to equity ratio (2.3%) is considered satisfactory.
Reducing Debt: CERP's debt to equity ratio has reduced from 30.3% to 2.3% over the past 5 years.
Inventory Level: CERP has a high level of physical assets or inventory.
Debt Coverage by Assets: CERP's debt is covered by short term assets (assets are 7.7x debt).
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: CERP has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if CERP has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Columbus Energy Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CERP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate CERP'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 CERP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CERP'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 CERP's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Tony Hawkins (47yo)
Mr. Anthony James Hawkins, also known as Tony, serves as Chief Executive Officer and Director of Columbus Energy Resources plc since November 9, 2019. He serves as Legal and Commercial Director of Columbus ...
|Executive Chairman||2.8yrs||UK£336.00k||0.083% £16.1k|
|Executive Director & CFO||3.1yrs||UK£213.00k||0.061% £11.9k|
|CEO, Legal and Commercial Director & Director||0.3yrs||no data||no data|
|Non-Executive Director||5.5yrs||UK£26.00k||0.17% £33.9k|
Experienced Board: CERP's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 25.5%.
Columbus Energy Resources plc's company bio, employee growth, exchange listings and data sources
- Name: Columbus Energy Resources plc
- Ticker: CERP
- Exchange: AIM
- Founded: 2006
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: UK£19.510m
- Shares outstanding: 848.26m
- Website: https://www.columbus-erp.com
Number of Employees
- Columbus Energy Resources plc
- 90 Long Acre
- Suite 114
- Greater London
- WC2E 9RA
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CERP||AIM (London Stock Exchange AIM Market)||Yes||Ordinary Shares||GB||GBP||Mar 2007|
|G9LN||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Mar 2007|
|LNGS.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Mar 2007|
Columbus Energy Resources plc engages in the exploration and production of oil and gas on onshore Trinidad and Surinam. The company has five producing fields, an appraisal/development project, and a prospective exploration portfolio in the South West Peninsula, which lies in the southwest of Trinidad and consists of stacked shallow and deep prospects. It also has onshore appraisal/development project in Suriname. The company was formerly known as LGO Energy plc and changed its name to Columbus Energy Resources plc in June 2017. Columbus Energy Resources plc was incorporated in 2006 and is based in London, the United Kingdom.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/20 21:28|
|End of Day Share Price||2020/02/20 00:00|
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.