AIM:FOG

Stock Analysis Report

Executive Summary

Falcon Oil & Gas Ltd., an oil and gas company, engages in the acquisition, exploration, and development of unconventional oil and gas assets in Australia, Hungary, and South Africa.

Snowflake

Fundamentals

Flawless balance sheet with questionable track record.

Share Price & News

How has Falcon Oil & Gas's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: FOG has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-1.8%

FOG

-0.8%

GB Oil and Gas

-0.4%

GB Market


1 Year Return

-21.4%

FOG

4.5%

GB Oil and Gas

4.4%

GB Market

Return vs Industry: FOG underperformed the UK Oil and Gas industry which returned 4.5% over the past year.

Return vs Market: FOG underperformed the UK Market which returned 4.4% over the past year.


Shareholder returns

FOGIndustryMarket
7 Day-1.8%-0.8%-0.4%
30 Day-3.3%3.5%1.5%
90 Day-9.0%8.1%4.7%
1 Year-21.4%-21.4%9.7%4.5%9.9%4.4%
3 Year148.0%148.0%45.9%27.1%22.4%6.9%
5 Year80.4%80.4%33.9%9.0%33.0%2.9%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Falcon Oil & Gas undervalued compared to its fair value and its price relative to the market?

3.49x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: FOG is overvalued based on its PB Ratio (3.5x) compared to the GB Oil and Gas industry average (0.8x).


Next Steps

Future Growth

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

7.6%

Forecasted Energy industry annual growth in earnings


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 Falcon Oil & Gas 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 SimplyWall St do have past financial data.


Next Steps

Past Performance

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

48.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FOG has high quality earnings.

Growing Profit Margin: FOG's current net profit margins (-7666.7%) are higher than last year (-38440%).


Past Earnings Growth Analysis

Earnings Trend: FOG is unprofitable, but has reduced losses over the past 5 years at a rate of 48.9% per year.

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

Earnings vs Industry: FOG is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (24.7%).


Return on Equity

High ROE: FOG has a negative Return on Equity (-2.53%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Falcon Oil & Gas's financial position?


Financial Position Analysis

Short Term Liabilities: FOG's short term assets ($14.6M) exceeds its short term liabilities ($983.0K)

Long Term Liabilities: FOG's short term assets (14.6M) exceeds its long term liabilities (10.2M)


Debt to Equity History and Analysis

Debt Level: FOG is debt free.

Reducing Debt: FOG had no debt 5 years ago.


Balance Sheet

Inventory Level: FOG has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if FOG'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: FOG has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: FOG has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 11.1% each year


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.3%industryaverage5.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

Growing Dividend: Insufficient data to determine if FOG'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 FOG's dividend in 3 years as they are not forecast to pay a notable one for the UK market.


Next Steps

Management

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

3.1yrs

Average management tenure


CEO

Philip O'Quigley (55yo)

7.5yrs

Tenure

US$685,000

Compensation

Mr. Philip O'Quigley, B.com. FCA, has been the Chief Executive Officer of Falcon Oil & Gas Ltd., since May 1, 2012. Mr. O'Quigley served as the Chief Financial Officer of Providence Resources PLC., since J ...


CEO Compensation Analysis

Compensation vs Market: Philip's total compensation ($USD685.00K) is about average for companies of similar size in the UK market ($USD653.44K).

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


Management Age and Tenure

3.1yrs

Average Tenure

Experienced Management: FOG's management team is considered experienced (3.1 years average tenure).


Board Age and Tenure

7.2yrs

Average Tenure

61yo

Average Age

Experienced Board: FOG's board of directors are considered experienced (7.2 years average tenure).


Insider Trading

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.


Management Team

  • Philip O'Quigley (55yo)

    CEO & Executive Director

    • Tenure: 7.5yrs
    • Compensation: US$685.00k
  • Bruce Lawrence

    Corporate Secretary

    • Tenure: 2.1yrs
  • Gabor Bada

    Head of Technical Operations

    • Tenure: 0yrs
  • Anne Flynn

    Chief Financial Officer

    • Tenure: 3.1yrs
    • Compensation: US$247.00k

Board Members

  • Greg Smith (71yo)

    Independent Non-Executive Director

    • Tenure: 9.9yrs
    • Compensation: US$42.00k
  • Philip O'Quigley (55yo)

    CEO & Executive Director

    • Tenure: 7.5yrs
    • Compensation: US$685.00k
  • Daryl Gilbert (67yo)

    Independent Non-Executive Director

    • Tenure: 12.2yrs
    • Compensation: US$42.00k
  • JoAchim Conrad

    Independent Non-Executive Chairman

    • Tenure: 3.9yrs
    • Compensation: US$48.00k
  • Maxim Mayorets (40yo)

    Independent Non-Executive Director

    • Tenure: 4.9yrs
    • Compensation: US$42.00k

Company Information

Falcon Oil & Gas Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Falcon Oil & Gas Ltd.
  • Ticker: FOG
  • Exchange: AIM
  • Founded: 1980
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: CA$206.188m
  • Listing Market Cap: CA$120.852m
  • Shares outstanding: 981.85m
  • Website: https://www.falconoilandgas.com

Number of Employees


Location

  • Falcon Oil & Gas Ltd.
  • 68 Merrion Square South
  • Dublin
  • Co. Dublin
  • 2
  • Ireland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FOTSXV (TSX Venture Exchange)YesCommon SharesCACADApr 2005
FACDB (Deutsche Boerse AG)YesCommon SharesDEEURApr 2005
FOLG.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDApr 2005
FOGAIM (London Stock Exchange AIM Market)YesCommon SharesGBGBPApr 2005

Biography

Falcon Oil & Gas Ltd., an oil and gas company, engages in the acquisition, exploration, and development of unconventional oil and gas assets in Australia, Hungary, and South Africa. It holds 30% interests  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/16 21:36
End of Day Share Price2019/11/15 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.