AIM:HUR

Stock Analysis Report

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Executive Summary

Hurricane Energy plc, together with its subsidiaries, discovers, appraises, and develops oil from fractured basement reservoirs.


Snowflake Analysis

High growth potential and good value.


Similar Companies

Share Price & News

How has Hurricane Energy's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-43.4%

HUR

0.2%

GB Oil and Gas

2.5%

GB Market


1 Year Return

-88.6%

HUR

-34.7%

GB Oil and Gas

-12.4%

GB Market

Return vs Industry: HUR underperformed the UK Oil and Gas industry which returned -33.9% over the past year.

Return vs Market: HUR underperformed the UK Market which returned -12.2% over the past year.


Shareholder returns

HURIndustryMarket
7 Day-43.4%0.2%2.5%
30 Day-36.2%2.3%2.8%
90 Day-53.3%-14.4%-7.2%
1 Year-88.6%-88.6%-30.9%-34.7%-8.2%-12.4%
3 Year-85.9%-85.9%-3.6%-16.4%-5.9%-17.5%
5 Year-61.6%-61.6%6.2%-15.7%12.5%-12.9%

Price Volatility Vs. Market

How volatile is Hurricane Energy's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Hurricane Energy undervalued compared to its fair value and its price relative to the market?

2.87x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: HUR is good value based on its PE Ratio (2.9x) compared to the Oil and Gas industry average (4.9x).

PE vs Market: HUR is good value based on its PE Ratio (2.9x) compared to the UK market (14.4x).


Price to Earnings Growth Ratio

PEG Ratio: HUR is good value based on its PEG Ratio (0.1x)


Price to Book Ratio

PB vs Industry: HUR is good value based on its PB Ratio (0.2x) compared to the GB Oil and Gas industry average (0.5x).


Next Steps

Future Growth

How is Hurricane Energy forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

29.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HUR's forecast earnings growth (29% per year) is above the savings rate (1.2%).

Earnings vs Market: HUR's earnings (29% per year) are forecast to grow faster than the UK market (20.1% per year).

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

Revenue vs Market: HUR's revenue (16.8% per year) is forecast to grow faster than the UK market (3.6% per year).

High Growth Revenue: HUR's revenue (16.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: HUR's Return on Equity is forecast to be high in 3 years time (20.3%)


Next Steps

Past Performance

How has Hurricane Energy performed over the past 5 years?

-4.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HUR has high quality earnings.

Growing Profit Margin: HUR became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: HUR has become profitable over the past 5 years, growing earnings by -4.4% per year.

Accelerating Growth: HUR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: HUR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-2.2%).


Return on Equity

High ROE: HUR's Return on Equity (8.5%) is considered low.


Next Steps

Financial Health

How is Hurricane Energy's financial position?


Financial Position Analysis

Short Term Liabilities: HUR's short term assets ($228.7M) exceed its short term liabilities ($94.4M).

Long Term Liabilities: HUR's short term assets ($228.7M) do not cover its long term liabilities ($375.8M).


Debt to Equity History and Analysis

Debt Level: HUR's debt to equity ratio (29.9%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if HUR's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: HUR's debt is well covered by operating cash flow (54.3%).

Interest Coverage: Insufficient data to determine if HUR's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Hurricane Energy's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

4.0yrs

Average board tenure


CEO

Robert Trice (58yo)

no data

Tenure

US$604,000

Compensation

Dr. Robert Trice is Founder of Hurricane Exploration PLC and serves as its Chief Executive Officer. Dr. Trice serves as the Chief Executive Officer of Hurricane Energy plc. Dr. Trice has over 30 years in o ...


CEO Compensation Analysis

Compensation vs Market: Robert's total compensation ($USD743.97K) is about average for companies of similar size in the UK market ($USD746.40K).

Compensation vs Earnings: Robert's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Robert Trice
Founderno dataUS$604.00k1.34% $1.8m
Neil Platt
COO & Director7.17yrsUS$470.00k0.045% $62.4k
David Anthony Jenkins
Senior Independent Non-Executive Directorno dataUS$73.00k0.013% $17.6k
John van der Welle
Independent Non-Executive Director7.17yrsUS$70.00k0.010% $14.1k
Steven McTiernan
Independent Non-Executive Chairman2yrsUS$150.00k0.024% $32.8k
Sandra Nan Shaw
Independent Non-Executive Director1.33yrsUS$67.00kno data
Roy Kelly
Shareholder Nominee Director4yrsUS$60.00kno data
Aun Cheng
Alternate Director4yrsno datano data
Kar Tao
Alternate Director4yrsno datano data
Beverley Smith
Independent Non-Executive Director0.42yrUS$2.00kno data

4.0yrs

Average Tenure

58yo

Average Age

Experienced Board: HUR's board of directors are considered experienced (4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: HUR insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Hurricane Energy plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hurricane Energy plc
  • Ticker: HUR
  • Exchange: AIM
  • Founded: 2004
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: UK£137.226m
  • Shares outstanding: 1.99b
  • Website: https://www.hurricaneenergy.com

Number of Employees


Location

  • Hurricane Energy plc
  • The Wharf
  • Ground Floor
  • Godalming
  • Surrey
  • GU7 2QN
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HURAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPFeb 2014
HRCX.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDFeb 2014
HUTDB (Deutsche Boerse AG)YesOrdinary SharesDEEURFeb 2014

Biography

Hurricane Energy plc, together with its subsidiaries, discovers, appraises, and develops oil from fractured basement reservoirs. The company has a portfolio of contiguous offshore licenses on the United Kingdom Continental Shelf, West of Shetland. Its producing oil fields include Clair, Foinaven, and Schiehallion; licenses focuses on the Rona Ridge, a major NE-SW trending basement; and assets comprise Lancaster, Whirlwind, Lincoln, Halifax, and Warwick. Hurricane Energy plc has an estimated contingent resources of approximately 2 billion barrels of oil equivalent. The company was formerly known as Hurricane Exploration plc and changed its name to Hurricane Energy plc in April 2013. Hurricane Energy plc was founded in 2004 and is headquartered in Godalming, the United Kingdom. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/28 22:57
End of Day Share Price2020/05/28 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.