AIM:EOG

Stock Analysis Report

Europa Oil & Gas (Holdings)

Executive Summary

Europa Oil & Gas (Holdings) plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas properties in the United Kingdom and Ireland.


Snowflake Analysis

Flawless balance sheet with weak fundamentals.

Share Price & News

How has Europa Oil & Gas (Holdings)'s share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: EOG's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-5.9%

EOG

0.8%

GB Oil and Gas

0.05%

GB Market


1 Year Return

-45.8%

EOG

-5.1%

GB Oil and Gas

7.1%

GB Market

Return vs Industry: EOG underperformed the UK Oil and Gas industry which returned -5.2% over the past year.

Return vs Market: EOG underperformed the UK Market which returned 6.6% over the past year.


Shareholder returns

EOGIndustryMarket
7 Day-5.9%0.8%0.05%
30 Day-40.7%-8.2%-1.7%
90 Day-11.1%-7.0%4.1%
1 Year-45.8%-45.8%-0.2%-5.1%12.6%7.1%
3 Year-68.0%-68.0%23.6%8.2%18.4%3.6%
5 Year-80.6%-80.6%42.8%14.6%35.2%4.2%

Price Volatility Vs. Market

How volatile is Europa Oil & Gas (Holdings)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Europa Oil & Gas (Holdings) undervalued compared to its fair value and its price relative to the market?

0.88x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate EOG's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate EOG's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: EOG is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.

PE vs Market: EOG 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 EOG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: EOG is overvalued based on its PB Ratio (0.9x) compared to the GB Oil and Gas industry average (0.7x).


Next Steps

Future Growth

How is Europa Oil & Gas (Holdings) forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

5.8%

Forecasted Energy industry annual growth in earnings


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if EOG's forecast earnings growth is above the savings rate (0.5%).

Earnings vs Market: Insufficient data to determine if EOG's earnings are forecast to grow faster than the UK market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if EOG's revenue is forecast to grow faster than the UK market.

High Growth Revenue: Insufficient data to determine if EOG's revenue 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 EOG's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Europa Oil & Gas (Holdings) performed over the past 5 years?

-9.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EOG is currently unprofitable.

Growing Profit Margin: EOG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: EOG is unprofitable, and losses have increased over the past 5 years at a rate of -9.3% per year.

Accelerating Growth: Unable to compare EOG's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: EOG is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (24.4%).


Return on Equity

High ROE: EOG has a negative Return on Equity (-8.05%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Europa Oil & Gas (Holdings)'s financial position?


Financial Position Analysis

Short Term Liabilities: EOG's short term assets (£3.7M) exceed its short term liabilities (£1.1M).

Long Term Liabilities: EOG's short term assets (£3.7M) exceed its long term liabilities (£2.9M).


Debt to Equity History and Analysis

Debt Level: EOG is debt free.

Reducing Debt: EOG has no debt compared to 5 years ago when its debt to equity ratio was 3.8%.


Balance Sheet

Inventory Level: EOG has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if EOG'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: EOG has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: EOG has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of -18.5% each year.


Next Steps

Dividend

What is Europa Oil & Gas (Holdings)'s current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.8%markettop25%5.1%industryaverage5.7%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate EOG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate EOG'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 EOG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if EOG'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 EOG'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?

7.1yrs

Average board tenure


CEO

Simon Oddie (65yo)

0.3yrs

Tenure

UK£40,000

Compensation

Mr. Simon George Oddie is Interim Chief Executive Officer at Europa Oil & Gas (Holdings) plc since November, 2019. Mr. Oddie serves as Non-Executive Chairman of Europa Oil & Gas (Holdings) plc since Januar ...


Board Members

NamePositionTenureCompensationOwnership
Simon Oddie
Interim CEO & Executive Chairman0.3yrsUK£40.00k0.11% £8.0k
Philip Greenhalgh
Finance Director12.1yrsUK£159.00k0.14% £9.7k
Brian O'Cathain
Non-Executive Director2.1yrsUK£25.00k0.056% £4.0k
Christian Ahlefeldt-Laurvig
Non-Executive Director15.3yrsUK£25.00k7.59% £540.0k
Roderick J. H. Corrie
Senior Independent Director0yrsUK£25.00k0.28% £20.0k

7.1yrs

Average Tenure

59yo

Average Age

Experienced Board: EOG's board of directors are considered experienced (7.1 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 30.5%.


Top Shareholders

Company Information

Europa Oil & Gas (Holdings) plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Europa Oil & Gas (Holdings) plc
  • Ticker: EOG
  • Exchange: AIM
  • Founded: 1995
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: UK£7.115m
  • Shares outstanding: 444.69m
  • Website: https://www.europaoil.com

Number of Employees


Location

  • Europa Oil & Gas (Holdings) plc
  • 6 Porter Street
  • London
  • Greater London
  • W1U 6DD
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EOGAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPNov 2004
EGNDB (Deutsche Boerse AG)YesOrdinary SharesDEEURNov 2004

Biography

Europa Oil & Gas (Holdings) plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas properties in the United Kingdom and Ireland. The company owns a 100% working interest in the West Firsby and Crosby Warren fields; and a 65% non-operated interest in the Whisby-4 field located in the East Midlands, the United Kingdom. It also owns interests in the PEDL180 development license, as well as PEDL181, PEDL182, PEDL143, PEDL299, PEDL343, and P2304 exploration licenses in the United Kingdom; and FEL 2/13, FEL 3/13, FEL 1/17, LO 16/19, LO 16/20, LO 16/21, and LO 16/22 exploration licenses in Ireland. The company was founded in 1995 and is based in London, the United Kingdom. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/20 20:34
End of Day Share Price2020/02/20 00:00
Earnings2019/07/31
Annual Earnings2019/07/31


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.