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Chariot Oil & Gas

AIM:CHAR
Snowflake Description

Flawless balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CHAR
AIM
£16M
Market Cap
  1. Home
  2. GB
  3. Energy
Company description

Chariot Oil & Gas Limited, together with its subsidiaries, engages in the oil and gas exploration business. The last earnings update was 9 days ago. More info.


Add to Portfolio Compare Print
  • Chariot Oil & Gas has significant price volatility in the past 3 months.
CHAR Share Price and Events
7 Day Returns
17.5%
AIM:CHAR
0.8%
GB Oil and Gas
1.9%
GB Market
1 Year Returns
-63.6%
AIM:CHAR
17.2%
GB Oil and Gas
2.5%
GB Market
CHAR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Chariot Oil & Gas (CHAR) 17.5% 74.7% 65.6% -63.6% -56.5% -78.8%
GB Oil and Gas 0.8% 4.6% 7% 17.2% 50.4% -3.1%
GB Market 1.9% 3% 7.9% 2.5% 15.6% 6.8%
1 Year Return vs Industry and Market
  • CHAR underperformed the Oil and Gas industry which returned 17.2% over the past year.
  • CHAR underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 2.5% over the past year.
Price Volatility
CHAR
Industry
5yr Volatility vs Market

CHAR Value

 Is Chariot Oil & Gas undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Chariot Oil & Gas. This is due to cash flow or dividend data being unavailable. The share price is £0.04455.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Chariot Oil & Gas's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Chariot Oil & Gas's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:CHAR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.04
AIM:CHAR Share Price ** AIM (2019-04-18) in GBP £0.04
AIM:CHAR Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.3 $0.06
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry PE Ratio Median Figure of 32 Publicly-Listed Oil and Gas Companies 9.96x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 796 Publicly-Listed Companies 16.29x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Chariot Oil & Gas.

AIM:CHAR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:CHAR Share Price ÷ EPS (both in USD)

= 0.06 ÷ -0.04

-1.45x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Chariot Oil & Gas is loss making, we can't compare its value to the GB Oil and Gas industry average.
  • Chariot Oil & Gas is loss making, we can't compare the value of its earnings to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Chariot Oil & Gas's expected growth come at a high price?
Raw Data
AIM:CHAR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.45x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
68.7%per year
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry PEG Ratio Median Figure of 19 Publicly-Listed Oil and Gas Companies 0.47x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 563 Publicly-Listed Companies 1.47x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Chariot Oil & Gas, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Chariot Oil & Gas's assets?
Raw Data
AIM:CHAR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $0.21
AIM:CHAR Share Price * AIM (2019-04-18) in GBP £0.04
AIM:CHAR Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.3 $0.06
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry PB Ratio Median Figure of 102 Publicly-Listed Oil and Gas Companies 0.85x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,365 Publicly-Listed Companies 1.51x
AIM:CHAR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:CHAR Share Price ÷ Book Value per Share (both in USD)

= 0.06 ÷ 0.21

0.28x

* Primary Listing of Chariot Oil & Gas.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Chariot Oil & Gas is good value based on assets compared to the GB Oil and Gas industry average.
X
Value checks
We assess Chariot Oil & Gas's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Chariot Oil & Gas has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

CHAR Future Performance

 How is Chariot Oil & Gas expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
68.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Chariot Oil & Gas expected to grow at an attractive rate?
  • Unable to compare Chariot Oil & Gas's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare Chariot Oil & Gas's earnings growth to the United Kingdom of Great Britain and Northern Ireland market average as it is expected to be loss making during the next 1-3 years.
  • Unable to compare Chariot Oil & Gas's revenue growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
AIM:CHAR Future Growth Rates Data Sources
Data Point Source Value (per year)
AIM:CHAR Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 68.7%
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 14.2%
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 3%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 10.9%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
AIM:CHAR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:CHAR Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 -5 -4
2019-12-31 -7 -4
AIM:CHAR Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 -5 -15
2018-09-30 -4 -10
2018-06-30 -4 -5
2018-03-31 -3 -30
2017-12-31 -2 -55
2017-09-30 -2 -55
2017-06-30 -3 -54
2017-03-31 -3 -31
2016-12-31 -4 -7
2016-09-30 -4 -11
2016-06-30 -4 -16
2016-03-31 -4 -15

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Chariot Oil & Gas is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • Unable to determine if Chariot Oil & Gas is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
AIM:CHAR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Chariot Oil & Gas Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:CHAR Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 -0.01 -0.01 -0.01 1.00
2019-12-31 -0.01 -0.01 -0.01 1.00
AIM:CHAR Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.04
2018-09-30 -0.03
2018-06-30 -0.02
2018-03-31 -0.11
2017-12-31 -0.21
2017-09-30 -0.20
2017-06-30 -0.20
2017-03-31 -0.11
2016-12-31 -0.03
2016-09-30 -0.04
2016-06-30 -0.06
2016-03-31 -0.06

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Chariot Oil & Gas will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.
X
Future performance checks
We assess Chariot Oil & Gas's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Chariot Oil & Gas has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

CHAR Past Performance

  How has Chariot Oil & Gas performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Chariot Oil & Gas's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Chariot Oil & Gas does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Chariot Oil & Gas's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Chariot Oil & Gas's 1-year growth to the GB Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Chariot Oil & Gas's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Chariot Oil & Gas Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:CHAR Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -15.14 4.26
2018-09-30 -9.85 4.42
2018-06-30 -4.57 4.57
2018-03-31 -29.99 4.41
2017-12-31 -55.42 4.25
2017-09-30 -54.93 3.92
2017-06-30 -54.44 3.60
2017-03-31 -30.64 3.96
2016-12-31 -6.83 4.33
2016-09-30 -11.36 4.57
2016-06-30 -15.89 4.81
2016-03-31 -15.40 5.14
2015-12-31 -14.90 5.46
2015-09-30 -12.49 6.25
2015-06-30 -10.08 7.04
2015-03-31 -25.93 7.42
2014-12-31 -41.77 7.80
2014-09-30 -41.99 7.84
2014-06-30 -42.20 7.89
2014-03-31 -26.33 8.06
2013-12-31 -10.46 8.23
2013-09-30 -9.77 9.01
2013-06-30 -9.08 9.78
2013-03-31 -48.82 9.53
2012-12-31 -88.56 9.27

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Chariot Oil & Gas has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Chariot Oil & Gas has efficiently used its assets last year compared to the GB Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Chariot Oil & Gas improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Chariot Oil & Gas's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Chariot Oil & Gas has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

CHAR Health

 How is Chariot Oil & Gas's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Chariot Oil & Gas's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Chariot Oil & Gas is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Chariot Oil & Gas has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Chariot Oil & Gas's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Chariot Oil & Gas has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Chariot Oil & Gas Company Filings, last reported 3 months ago.

AIM:CHAR Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 89.96 0.00 19.82
2018-09-30 89.96 0.00 19.82
2018-06-30 102.56 0.00 28.37
2018-03-31 102.56 0.00 28.37
2017-12-31 87.66 0.00 15.23
2017-09-30 87.66 0.00 15.23
2017-06-30 89.56 0.00 21.65
2017-03-31 89.56 0.00 21.65
2016-12-31 142.21 0.00 25.02
2016-09-30 142.21 0.00 25.02
2016-06-30 143.30 0.00 29.04
2016-03-31 143.30 0.00 29.04
2015-12-31 148.25 0.00 39.71
2015-09-30 148.25 0.00 39.71
2015-06-30 158.27 0.00 45.52
2015-03-31 158.27 0.00 45.52
2014-12-31 162.05 0.00 53.48
2014-09-30 162.05 0.00 53.48
2014-06-30 153.18 0.00 37.51
2014-03-31 153.18 0.00 37.51
2013-12-31 188.41 0.00 56.68
2013-09-30 188.41 0.00 56.68
2013-06-30 193.44 0.00 39.93
2013-03-31 193.44 0.00 39.93
2012-12-31 196.65 0.00 68.26
  • Chariot Oil & Gas has no debt.
  • Chariot Oil & Gas has not taken on any debt in the past 5 years.
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.

  • Chariot Oil & Gas has sufficient cash runway for 1.7 years based on current free cash flow.
  • Chariot Oil & Gas has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of -14.9% each year.
X
Financial health checks
We assess Chariot Oil & Gas's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Chariot Oil & Gas has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

CHAR Dividends

 What is Chariot Oil & Gas's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Chariot Oil & Gas dividends. Estimated to be 0% next year.
If you bought £2,000 of Chariot Oil & Gas shares you are expected to receive £0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Chariot Oil & Gas's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Chariot Oil & Gas's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
AIM:CHAR Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 4.7%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 705 Stocks 4.2%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

AIM:CHAR Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31 0.00 1.00
2019-12-31 0.00 1.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Chariot Oil & Gas has not reported any payouts.
  • Unable to verify if Chariot Oil & Gas's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Chariot Oil & Gas's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Chariot Oil & Gas has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Chariot Oil & Gas's dividends in 3 years as they are not expected to pay a notable one for United Kingdom of Great Britain and Northern Ireland.
X
Income/ dividend checks
We assess Chariot Oil & Gas's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Chariot Oil & Gas afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Chariot Oil & Gas has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

CHAR Management

 What is the CEO of Chariot Oil & Gas's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Larry Bottomley
COMPENSATION $235,000
AGE 60
TENURE AS CEO 6.3 years
CEO Bio

Mr. Larry Anthony Bottomley has been Chief Executive Officer of Chariot Oil & Gas Limited since December 20, 2012. Mr. Bottomley serves as Vice President of Exploration with Perenco SA. He served as Vice President for International Exploration and Business Development of Hunt Oil Company and served as its General Manager. Prior to joining Hunt in 2000, he was affiliated with British-Borneo plc, a British-based independent, where he was responsible for worldwide new venture activity. He was vice president, technical, for Triton Energy Limited. from 1997 to 1998 and served as its Exploration Manager of Europe, Africa and the Middle East from 1994 to 1997. His exploration responsibilities include assessing international new ventures, which led to exploration in Oman, Greece, Italy, Madagascar and Equatorial Guinea – the latter leading to the discovery of the La Ceiba field. He has worked in the oil and gas industry for over 30 years and has a significant track record of building exploration and production businesses on the international stage, delivering transformational growth and shareholder value. During his career, Mr. Bottomley has worked across a broad spectrum of exploratory and business development roles worldwide and has a strong background in integrated geosciences, team management and relationship building. He also spent a number of years with British Petroleum, serving in an increasingly responsible number of managerial roles in international exploration. Based in Colombia between 1986 and 1990, he was part of the BP team that discovered, among other fields, the multibillion barrel/TCF giant fields Cusiana and Cupiagua. In Colombia, he was the chief geophysicist and later filled the exploration manager role. He transferred to an assignment related to the deepwater Gulf of Mexico, where Mr. Bottomley ultimately became project manager for exploration in the Mars area and he was involved in the discovery of the giant Ursa Minor field and in building the inventory that led to the Thunder Horse discovery. He started his career as a Geophysicist working for Scott Pickford and Associates Ltd, Getty Oil (UK) Ltd and Ultramar Exploration Company (UK) Ltd. In 1986 he joined BP as a Geophysicist, where over the next eight years he worked in a number of roles, becoming Project Leader of the Mars Play Fairway in deepwater Gulf of Mexico in 1992. He served as the Chairman of Chariot Oil & Gas Limited from November 2012 to December 20, 2012. He served as a Non Executive Director of Chariot Oil & Gas Limited since September 1, 2011. He is an Associate of the Royal School of Mines, a Fellow of the Geological Society, a Member of the American Association of Petroleum Geology and a Member of the Petroleum Exploration Society of Great Britain. Mr. Bottomley has an MSc. in Stratigraphy from Birkbeck College, University of London and a BSc. in Geology from Imperial College, University of London.

CEO Compensation
  • Larry's compensation has been consistent with company performance over the past year.
  • Larry's remuneration is about average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team

Larry Bottomley

TITLE
CEO & Director
COMPENSATION
$235K
AGE
60
TENURE
6.3 yrs

Adonis Pouroulis

TITLE
Co-Founder & Non-Executive Director
COMPENSATION
$48K
AGE
48

Julian Maurice-Williams

TITLE
Chief Financial Officer
TENURE
3.9 yrs

Duncan Wallace

TITLE
Exploration Manager

Julia Kemper

TITLE
Principal Geophysicist
Board of Directors Tenure

Average tenure and age of the Chariot Oil & Gas board of directors in years:

7.3
Average Tenure
60
Average Age
  • The tenure for the Chariot Oil & Gas board of directors is about average.
Board of Directors

George Canjar

TITLE
Non Executive Chairman
COMPENSATION
$48K
AGE
60
TENURE
5.8 yrs

Larry Bottomley

TITLE
CEO & Director
COMPENSATION
$235K
AGE
60
TENURE
7.3 yrs

Adonis Pouroulis

TITLE
Co-Founder & Non-Executive Director
COMPENSATION
$48K
AGE
48
TENURE
11.3 yrs

Robert Archibald Sinclair

TITLE
Non-Executive Director
COMPENSATION
$35K
AGE
68
TENURE
11.3 yrs

Chris Zeal

TITLE
Independent Non-Executive Director
AGE
60
TENURE
0.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
X
Management checks
We assess Chariot Oil & Gas's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Chariot Oil & Gas has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

CHAR News

Simply Wall St News

Who Are The Major Shareholders In Chariot Oil & Gas Limited (LON:CHAR)?

Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … We also tend to see lower insider ownership in companies that were previously publicly owned. … Chariot Oil & Gas is a smaller company with a market capitalization of UK£29m, so it may still be flying under the radar of many institutional investors.

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Chariot Oil & Gas Limited (LON:CHAR): Are Analysts Optimistic?

Chariot Oil & Gas Limited's (LON:CHAR):. … As path to profitability is the topic on CHAR’s investors mind, I’ve decided to gauge market sentiment. … In this article, I will touch on the expectations for CHAR’s growth and when analysts expect the company to become profitable

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Is It The Right Time To Buy Chariot Oil & Gas Limited (LON:CHAR)?

A question to answer is whether Chariot Oil & Gas's current trading price of £0.08 reflective of the actual value of the small-cap? … Since Chariot Oil & Gas’s share price is quite volatile, we could potentially see it sink lower (or rise higher) in the future, giving us another chance to buy. … CHAR’s optimistic future growth appears to have been factored into the current share price, with shares trading around its fair value.

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What’s Ahead For Chariot Oil & Gas Limited (AIM:CHAR)?

However, energy-sector analysts are forecasting for the entire industry, negative growth in the upcoming year , and a whopping growth of 41.87% over the next couple of years. … AIM:CHAR Past Future Earnings Nov 25th 17 In the past five years, the oil and gas industry growth has been negative 40%, as a result of the oil price collapse. … However, recently the sector saw a reversal in the downturn, and in the past year, the industry turnaround delivered growth of over 50%, beating the UK market growth of 11.30%.

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How Should You Think About Chariot Oil & Gas Limited's (AIM:CHAR) Risks?

Every stock in the market is exposed to this risk, which arises from macroeconomic factors such as economic growth and geo-political tussles just to name a few. … See our latest analysis for CHAR An interpretation of CHAR's beta Chariot Oil & Gas has a beta of 2.3, which means that the percentage change in its stock value will be higher than the entire market in times of booms and busts. … A high level of beta means investors face higher risk associated with potential gains and losses driven by market movements.

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CHAR Company Info

Description

Chariot Oil & Gas Limited, together with its subsidiaries, engages in the oil and gas exploration business. It holds licenses covering two blocks in Namibia; two blocks in Morocco; and four blocks in the Barreirinhas Basin offshore Brazil. The company is based in St Peter Port, Guernsey.

Details
Name: Chariot Oil & Gas Limited
CHAR
Exchange: AIM
Founded:
£16,355,583
367,128,687
Website: http://www.chariotoilandgas.com
Address: Chariot Oil & Gas Limited
Regency Court,
Glategny Esplanade,
St Peter Port,
GY1 1WW,
Guernsey
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM CHAR Ordinary Shares London Stock Exchange AIM Market GB GBP 19. May 2008
OTCPK OIGL.F Ordinary Shares Pink Sheets LLC US USD 19. May 2008
DB C62 Ordinary Shares Deutsche Boerse AG DE EUR 19. May 2008
Number of employees
Current staff
Staff numbers
0
Chariot Oil & Gas employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/19 21:14
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/12
Last earnings filing: 2019/04/10
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.