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Empyrean Energy

AIM:EME
Snowflake Description

Adequate balance sheet with poor track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
EME
AIM
£41M
Market Cap
  1. Home
  2. GB
  3. Energy
Company description

Empyrean Energy Plc engages in the exploration, development, and production of oil and gas properties. The last earnings update was 122 days ago. More info.


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EME Share Price and Events
7 Day Returns
3.2%
AIM:EME
0.4%
GB Oil and Gas
0.6%
GB Market
1 Year Returns
-9%
AIM:EME
17.2%
GB Oil and Gas
1.1%
GB Market
EME Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Empyrean Energy (EME) 3.2% 11.9% -2% -9% 64.3% -37.2%
GB Oil and Gas 0.4% 4% 7.4% 17.2% 50.4% -2.9%
GB Market 0.6% 3.6% 6.9% 1.1% 15.6% 6.2%
1 Year Return vs Industry and Market
  • EME underperformed the Oil and Gas industry which returned 17.2% over the past year.
  • EME underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 1.1% over the past year.
Price Volatility
EME
Industry
5yr Volatility vs Market

EME Value

 Is Empyrean Energy 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
Here we compare the current share price of Empyrean Energy to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Empyrean Energy.

AIM:EME Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 7.1%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for AIM:EME
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 6%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.95
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.954 (1 + (1- 30%) (2.48%))
0.98
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.98
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (0.98 * 5.96%)
7.07%

Discounted Cash Flow Calculation for AIM:EME using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Empyrean Energy is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

AIM:EME DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 7.07%)
2019 0.56 Est @ 59.38% 0.53
2020 0.80 Est @ 41.94% 0.70
2021 1.04 Est @ 29.72% 0.84
2022 1.26 Est @ 21.17% 0.96
2023 1.45 Est @ 15.19% 1.03
2024 1.61 Est @ 11% 1.07
2025 1.73 Est @ 8.07% 1.08
2026 1.84 Est @ 6.02% 1.06
2027 1.92 Est @ 4.58% 1.04
2028 1.99 Est @ 3.57% 1.01
Present value of next 10 years cash flows $9.30
AIM:EME DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $1.99 × (1 + 1.23%) ÷ (7.07% – 1.23%)
$34.52
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $34.52 ÷ (1 + 7.07%)10
$17.44
AIM:EME Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $9.30 + $17.44
$26.74
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $26.74 / 424.28
$0.06
AIM:EME Discount to Share Price
Calculation Result
Exchange Rate USD/GBP
(Reporting currency to currency of AIM:EME)
0.77
Value per Share
(GBP)
= Value per Share in USD x Exchange Rate (USD/GBP)
= $0.06 x 0.77
£0.05
Value per share (GBP) From above. £0.05
Current discount Discount to share price of £0.10
= -1 x (£0.10 - £0.05) / £0.05
-98.8%

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

  • The current share price of Empyrean Energy is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Empyrean Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Empyrean Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:EME PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in USD $0.01
AIM:EME Share Price ** AIM (2019-04-18) in GBP £0.1
AIM:EME Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.298 $0.13
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 797 Publicly-Listed Companies 16.29x

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

** Primary Listing of Empyrean Energy.

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

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

= 0.13 ÷ 0.01

22.41x

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

  • Empyrean Energy is overvalued based on earnings compared to the GB Oil and Gas industry average.
  • Empyrean Energy is overvalued based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Empyrean Energy's expected growth come at a high price?
Raw Data
AIM:EME PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 22.41x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
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 564 Publicly-Listed Companies 1.48x

*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 Empyrean Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Empyrean Energy's assets?
Raw Data
AIM:EME PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in USD $0.02
AIM:EME Share Price * AIM (2019-04-18) in GBP £0.1
AIM:EME Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.298 $0.13
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 1,367 Publicly-Listed Companies 1.51x
AIM:EME PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.13 ÷ 0.02

5.16x

* Primary Listing of Empyrean Energy.

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

  • Empyrean Energy is overvalued based on assets compared to the GB Oil and Gas industry average.
X
Value checks
We assess Empyrean Energy'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. Empyrean Energy has a total score of 0/6, 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.

EME Future Performance

 How is Empyrean Energy expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Empyrean Energy 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
14.2%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Empyrean Energy expected to grow at an attractive rate?
  • Unable to compare Empyrean Energy's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Empyrean Energy's earnings growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
  • Unable to compare Empyrean Energy'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:EME Future Growth Rates Data Sources
Data Point Source Value (per year)
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 11%
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:EME Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:EME Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-09-30 0 0 2
2018-06-30 0 0 0
2018-03-31 0 -1 -3
2017-12-31 0 -1 -8
2017-09-30 0 -2 -13
2017-06-30 0 -3 -12
2017-03-31 0 -3 -10
2016-12-31 0 -3 -8
2016-09-30 0 -2 -6
2016-06-30 0 2 -6
2016-03-31 0 6 -6

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Empyrean Energy is high growth as no earnings estimate data is available.
  • Unable to determine if Empyrean Energy 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:EME Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Empyrean Energy Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:EME Past Financials Data
Date (Data in USD Millions) EPS *
2018-09-30 0.01
2018-06-30 0.00
2018-03-31 -0.01
2017-12-31 -0.02
2017-09-30 -0.04
2017-06-30 -0.05
2017-03-31 -0.05
2016-12-31 -0.04
2016-09-30 -0.03
2016-06-30 -0.03
2016-03-31 -0.03

*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 Empyrean Energy will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Empyrean Energy'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.
  2. Empyrean Energy's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  3. Empyrean Energy's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Empyrean Energy'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.
Empyrean Energy 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.

EME Past Performance

  How has Empyrean Energy 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 Empyrean Energy'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.
  • Empyrean Energy's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Empyrean Energy has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Empyrean Energy has become profitable in the last year making it difficult to compare the GB Oil and Gas industry average.
Earnings and Revenue History
Empyrean Energy'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 Empyrean Energy Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:EME Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 0.03 2.28 0.79
2018-06-30 0.03 -0.21 0.80
2018-03-31 0.03 -2.70 0.81
2017-12-31 0.02 -7.81 1.79
2017-09-30 0.00 -12.91 2.77
2017-06-30 0.00 -11.59 2.83
2017-03-31 0.00 -10.28 2.90
2016-12-31 0.00 -7.96 1.92
2016-09-30 -0.01 -5.65 0.93
2016-06-30 0.00 -5.68 0.90
2016-03-31 0.01 -5.72 0.87
2015-09-30 -7.89 -8.34 1.09
2015-06-30 -3.95 -6.08 1.15
2015-03-31 -3.82 1.22
2014-12-31 15.90 4.11 1.14
2014-09-30 15.79 6.48 1.03
2014-06-30 14.84 5.85 1.18
2014-03-31 13.88 5.22 1.33
2013-12-31 13.22 4.71 1.51
2013-09-30 12.56 4.19 1.69
2013-06-30 10.95 3.52 1.57
2013-03-31 9.18 2.85 1.40
2012-12-31 7.35 1.91 2.16
2012-09-30 5.08 0.54 2.03
2012-06-30 4.58 0.79 1.88

*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.
  • Empyrean Energy has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • It is difficult to establish if Empyrean Energy 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 Empyrean Energy 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 Empyrean Energy'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.
Empyrean Energy has a total score of 1/6, 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.

EME Health

 How is Empyrean Energy'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 Empyrean Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Empyrean Energy's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Empyrean Energy has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Empyrean Energy'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.
  • Debt is not covered by short term assets, assets are 0.3x debt.
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 Empyrean Energy Company Filings, last reported 6 months ago.

AIM:EME Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 10.05 1.32 0.23
2018-06-30 10.05 1.32 0.23
2018-03-31 9.39 2.46 0.39
2017-12-31 9.39 2.46 0.39
2017-09-30 7.07 3.89 4.65
2017-06-30 7.07 3.89 4.65
2017-03-31 4.75 0.46 6.11
2016-12-31 4.75 0.46 6.11
2016-09-30 34.98 0.40 27.05
2016-06-30 34.98 0.40 27.05
2016-03-31 36.71 0.20 17.47
2015-09-30 37.15 19.19 0.07
2015-06-30 37.15 19.19 0.07
2015-03-31 35.79 21.26 3.96
2014-12-31 35.79 21.26 3.96
2014-09-30 36.70 7.67 1.11
2014-06-30 36.70 7.67 1.11
2014-03-31 34.00 9.80 1.51
2013-12-31 34.00 9.80 1.51
2013-09-30 31.11 7.75 0.50
2013-06-30 29.21 7.27 0.47
2013-03-31 28.65 9.47 1.07
2012-12-31 26.94 10.95 0.37
2012-09-30 22.87 0.88 0.96
2012-06-30 22.25 0.86 0.93
  • Empyrean Energy's level of debt (13.1%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (24.9% vs 13.1% today).
  • Debt is well covered by operating cash flow (26.8%, greater than 20% of total debt).
  • Unable to confirm if the interest payments on Empyrean Energy's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Empyrean Energy'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. Empyrean Energy has a total score of 4/6, 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.

EME Dividends

 What is Empyrean Energy'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 Empyrean Energy dividends.
If you bought £2,000 of Empyrean Energy 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 Empyrean Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Empyrean Energy'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:EME 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 0 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.

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

  • Unable to perform a dividend volatility check as Empyrean Energy has not reported any payouts.
  • Unable to verify if Empyrean Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Empyrean Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Empyrean Energy has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Empyrean Energy'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 Empyrean Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Empyrean Energy 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.

EME Management

 What is the CEO of Empyrean Energy'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
Tom Kelly
COMPENSATION $296,000
TENURE AS CEO 8.1 years
CEO Bio

Mr. Thomas Kelly, also known as Tom, B.Bus. AAIFB., has been the Chief Executive Officer of Empyrean Energy Plc since March 2011. Mr. Kelly served as a Commercial Director of Empyrean Energy Plc until March 2011. Mr. Kelly has 14 years corporate, finance and investment banking experience. Mr. Kelly served as an Executive Officer of Corporate Services for a prominent West Australian stock broking firm. He serves as a Director of Royal Harry Gold Mines NL. He serves as an Executive Director of Empyrean Energy Plc. He served as a Director of Lefroy Resources Ltd. He served as a Director of Brazilian Metals Group Ltd. until May 17, 2011. He is a Senior Associate of Australasian Institute of Banking and Finance. Mr. Kelly holds a Bachelor Degree in Business.

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

Average tenure and age of the Empyrean Energy management team in years:

5
Average Tenure
55
Average Age
  • The tenure for the Empyrean Energy management team is about average.
Management Team

Tom Kelly

TITLE
CEO & Executive Director
COMPENSATION
$296K
TENURE
8.1 yrs

Gaz Bisht

TITLE
Executive Director of Technology & Director
COMPENSATION
$233K
AGE
55
TENURE
1.8 yrs

John Laycock

TITLE
Finance Director & Director
COMPENSATION
$15K
AGE
65
TENURE
10.7 yrs

Jonathan Whyte

TITLE
Company Secretary & CFO
AGE
45
TENURE
1.7 yrs
Board of Directors

Patrick Cross

TITLE
Non-Executive Chairman
COMPENSATION
$26K
AGE
74

Tom Kelly

TITLE
CEO & Executive Director
COMPENSATION
$296K

Gaz Bisht

TITLE
Executive Director of Technology & Director
COMPENSATION
$233K
AGE
55
TENURE
1.8 yrs

John Laycock

TITLE
Finance Director & Director
COMPENSATION
$15K
AGE
65
TENURE
10.7 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 (£)
04. Oct 18 Buy John Laycock Individual 03. Oct 18 03. Oct 18 100,000 £0.10 £9,500
X
Management checks
We assess Empyrean Energy'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. Empyrean Energy 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.

EME News

Simply Wall St News

If You Had Bought Empyrean Energy (LON:EME) Shares Three Years Ago You'd Have Made 64%

For example, Empyrean Energy Plc (LON:EME) shareholders have seen the share price rise 64% over three years, well in excess of the market return (16%, not including dividends). … One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. … During three years of share price growth, Empyrean Energy moved from a loss to profitability.

Simply Wall St -

Is Empyrean Energy Plc's (LON:EME) ROE Of 23% Impressive?

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … Our data shows Empyrean Energy has a return on equity of 23% for the last year. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Should You Be Concerned About Empyrean Energy Plc's (LON:EME) Historical Volatility?

Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market. … In comparison a stock with a beta of over one tends to be move in a similar direction to the market in the long term, but with greater changes in price.

Simply Wall St -

Empyrean Energy Plc (LON:EME): Time For A Financial Health Check

While small-cap stocks, such as Empyrean Energy Plc (LON:EME) with its market cap of US$27.53m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.

Simply Wall St -

One Thing To Consider Before Buying Empyrean Energy Plc (LON:EME)

For Empyrean Energy Plc’s (LON:EME) shareholders, and also potential investors in the stock, understanding how the stock’s risk and return characteristics can impact your portfolio is important. … Generally, an investor should consider two types of risk that impact the market value of EME. … The second type is market risk, one that you cannot diversify away, since it arises from macroeconomic factors which directly affects all the stocks in the market.

Simply Wall St -

Should You Be Concerned About Empyrean Energy Plc's (LON:EME) Investors?

Insider Ownership Another important group of shareholders are company insiders. … This size of ownership, while considerably large for a public company, may not be enough to change company policy if the decision is not in sync with other large shareholders. … As a result, potential investors should further explore the company's business relations with these companies and find out if they can affect shareholder returns in the long-term.Next Steps: The company's high institutional ownership makes margin of safety a very important consideration to existing investors since long bull and bear trends often emerge when these big-ticket investors see a change in long-term potential of the company.

Simply Wall St -

What does Empyrean Energy Plc's (LON:EME) Balance Sheet Tell Us About Its Future?

How does EME’s operating cash flow stack up against its debt? … With this growth in debt, EME's cash and short-term investments stands at US$6.11M for investing into the business. … Maintaining a high level of debt, while revenues are still below costs, can be dangerous as liquidity tends to dry up in unexpected downturns.Next Steps: EME’s cash flow coverage indicates it could improve its operating efficiency in order to meet demand for debt repayments should unforeseen events arise.

Simply Wall St -

How Empyrean Energy Plc (LON:EME) Can Impact Your Portfolio Volatility

A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … Check out our latest analysis for Empyrean Energy An interpretation of EME's beta With a beta of 1.98, Empyrean Energy is a stock that tends to experience more gains than the market during a growth phase and also a bigger reduction in value compared to the market during a broad downturn. … EME, with its market capitalisation of UK£61.06M, is a small-cap stock, which generally have higher beta than similar companies of larger size.

Simply Wall St -

Want To Invest In Empyrean Energy Plc (LON:EME)? Here's How It Performed Lately

When Empyrean Energy Plc (AIM:EME) released its most recent earnings update (30 September 2017), I compared it against two factor: its historical earnings track record, and the performance of its industry peers on average. … For Empyrean Energy, its most recent earnings (trailing twelve month) is -US$12.91M, which compared to the prior year's figure, has become more negative. … AIM:EME Income Statement Mar 13th 18 We can further assess Empyrean Energy's loss by looking at what the industry has been experiencing over the past few years.

Simply Wall St -

How Financially Strong Is Empyrean Energy Plc (LON:EME)?

Though its operating cash flow is not yet significant enough to calculate a meaningful cash-to-debt ratio, indicating that operational efficiency is something we’d need to take a look at. … At its current level of cash flow coverage, EME has room for improvement to better cushion for events which may require debt repayment. … EME's large debt ratio along with low cash coverage of debt as well as low liquidity coverage of short-term obligations may not be what you're after in an investment.

Simply Wall St -

EME Company Info

Description

Empyrean Energy Plc engages in the exploration, development, and production of oil and gas properties. It has a 100% working interest in the Block 29/11 project located in the Pearl River Mouth Basin, offshore China; and 10% working interest in the Duyung production sharing contract that covers an area of approximately 1,100km2 in the West Natuna Basin, Indonesia. The company also has a 10% working interest in the Riverbend project located in the Tyler and Jasper counties, Texas; and 58.084% working interest in the Eagle Oil Pool Development project, which covers an area of approximately 4,300 acres located in the San Joaquin Basin, southern California. Empyrean Energy Plc was founded in 2005 and is based in Subiaco, Australia.

Details
Name: Empyrean Energy Plc
EME
Exchange: AIM
Founded: 2005
£40,942,548
424,275,110
Website: http://www.empyreanenergy.com
Address: Empyrean Energy Plc
Unit 32/33,
22 Railway Road,
Subiaco,
Western Australia, 6008,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM EME Ordinary Shares London Stock Exchange AIM Market GB GBP 27. Jul 2005
DB E1E Ordinary Shares Deutsche Boerse AG DE EUR 27. Jul 2005
Number of employees
Current staff
Staff numbers
4
Empyrean Energy employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/22 21:10
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2018/12/21
Last earnings reported: 2018/09/30
Last annual earnings reported: 2018/03/31


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.