AIM:EOG

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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, Morocco, and Ireland. More Details


Snowflake Analysis

High growth potential with mediocre balance sheet.

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 is more volatile than 75% of UK stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: EOG's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of UK stocks.


Market Performance


7 Day Return

37.7%

EOG

-4.6%

GB Oil and Gas

-0.5%

GB Market


1 Year Return

-11.0%

EOG

-26.1%

GB Oil and Gas

-8.2%

GB Market

Return vs Industry: EOG exceeded the UK Oil and Gas industry which returned -26.1% over the past year.

Return vs Market: EOG underperformed the UK Market which returned -8.2% over the past year.


Shareholder returns

EOGIndustryMarket
7 Day37.7%-4.6%-0.5%
30 Day69.8%10.5%2.9%
90 Day82.5%36.3%15.2%
1 Year-11.0%-11.0%-22.0%-26.1%-4.5%-8.2%
3 Year-60.1%-60.1%-8.8%-21.4%3.7%-9.0%
5 Year-47.9%-47.9%45.9%14.0%42.1%14.4%

Long-Term 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?

1.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: EOG (£0.02) is trading below our estimate of fair value (£0.02)

Significantly Below Fair Value: EOG is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: EOG is unprofitable, so we can't compare its PE Ratio to the GB 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 (3.3x) compared to the GB Oil and Gas industry average (0.9x).


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?

145.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EOG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1%).

Earnings vs Market: EOG is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: EOG's is expected to become profitable in the next 3 years.

Revenue vs Market: EOG's revenue (38% per year) is forecast to grow faster than the UK market (6.6% per year).

High Growth Revenue: EOG's revenue (38% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: EOG's Return on Equity is forecast to be low in 3 years time (11.1%).


Next Steps

Past Performance

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

-26.0%

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 26% 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 (-55.7%).


Return on Equity

High ROE: EOG has a negative Return on Equity (-218.74%), as it is currently unprofitable.


Next Steps

Financial Health

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


Financial Position Analysis

Short Term Liabilities: EOG's short term assets (£1.3M) exceed its short term liabilities (£1.0M).

Long Term Liabilities: EOG's short term assets (£1.3M) do not cover its long term liabilities (£3.2M).


Debt to Equity History and Analysis

Debt Level: EOG's debt to equity ratio (2%) is considered satisfactory.

Reducing Debt: EOG's debt to equity ratio has reduced from 3.1% to 2% over the past 5 years.


Balance Sheet


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 less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if EOG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

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

27.40%

Forecast Dividend Yield


Dividend Yield vs Market

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

High Dividend: Unable to evaluate EOG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent 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?

1.0yrs

Average management tenure


CEO

Simon Oddie (66 yo)

1.17yrs

Tenure

UK£187,330

Compensation

Mr. Simon George Oddie serves as Chief Executive Officer at Europa Oil & Gas (Holdings) plc since August 04, 2020 and served as its Interim Chief Executive Officer since November 2019 until August 04, 2020...


CEO Compensation Analysis

Compensation vs Market: Simon's total compensation ($USD255.95K) is about average for companies of similar size in the UK market ($USD335.68K).

Compensation vs Earnings: Simon's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Simon Oddie
CEO & Director1.17yrsUK£187.33k0.11%
£ 9.1k
Alison Fuller
Financial Controller1yrno datano data
Murray Johnson
Company Secretary1yrno datano data

1.0yrs

Average Tenure

Experienced Management: EOG's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Simon Oddie
CEO & Director1.17yrsUK£187.33k0.11%
£ 9.1k
Brian O'Cathain
Independent Non-Executive Chairman0.42yrUK£23.00k0.056%
£ 4.6k
Christian Ahlefeldt-Laurvig
Independent Non-Executive Director16.25yrsUK£23.00k7.59%
£ 616.0k
Stephen Williams
Senior Independent Director0.83yrUK£13.00k0.032%
£ 2.6k

1.9yrs

Average Tenure

61.5yo

Average Age

Experienced Board: EOG's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.


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 not been meaningfully diluted in the past year.


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£8.116m
  • 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, Morocco, and Ireland. The company o...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/23 20:51
End of Day Share Price2021/01/22 00:00
Earnings2020/07/31
Annual Earnings2020/07/31


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.