i3 Energy
i3 Energy Plc, a holding company, engages in the identification, evaluation, acquisition, appraisal, development, and production of oil and gas assets in the United Kingdom. The last earnings update was 206 days ago. More info.
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- i3 Energy has significant price volatility in the past 3 months.
I3E Share Price and Events
7 Day Returns
1 Year Returns
I3E Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| i3 Energy (I3E) | -3.1% | -1.9% | -28% | -35.1% | - | - |
| 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
- I3E underperformed the Oil and Gas industry which returned 17.2% over the past year.
- I3E underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 1.1% over the past year.
Price Volatility
Related Companies
I3E Value
Is i3 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
i3 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.
Below are the data sources, inputs and calculation used to determine the intrinsic value for i3 Energy.
| 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 | 7.7% |
| 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.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year GB Govt Bond Rate | 1.2% |
| Equity Risk Premium | S&P Global | 6.7% |
| 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- 19%) (2%)) |
0.979 |
| 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% + (0.979 * 6.65%) |
7.74% |
Discounted Cash Flow Calculation for AIM:I3E using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for i3 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.
| Levered FCF (GBP, Millions) | Source |
Present Value Discounted (@ 7.74%) |
|
|---|---|---|---|
| 2019 | -50.60 | Analyst x1 | -46.97 |
| 2020 | 18.40 | Analyst x1 | 15.85 |
| 2021 | 18.86 | Est @ 2.48% | 15.08 |
| 2022 | 19.26 | Est @ 2.1% | 14.29 |
| 2023 | 19.61 | Est @ 1.84% | 13.51 |
| 2024 | 19.93 | Est @ 1.66% | 12.75 |
| 2025 | 20.24 | Est @ 1.53% | 12.01 |
| 2026 | 20.53 | Est @ 1.44% | 11.31 |
| 2027 | 20.81 | Est @ 1.37% | 10.64 |
| 2028 | 21.09 | Est @ 1.33% | 10.01 |
| Present value of next 10 years cash flows | £68.48 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= £21.09 × (1 + 1.23%) ÷ (7.74% – 1.23%) |
£327.84 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= £327.84 ÷ (1 + 7.74%)10 |
£155.58 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= £68.48 + £155.58 |
£224.05 |
| Equity Value per Share (GBP) |
= Total value / Shares Outstanding
= £224.05 / 87.38 |
£2.56 |
| Calculation | Result | |
|---|---|---|
| Value per share (GBP) | From above. | £2.56 |
| Current discount | Discount to share price of
£0.39
= -1 x (£0.39 - £2.56) / £2.56 |
84.7% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- i3 Energy's share price is below the future cash flow value, and at a moderate discount (> 20%).
- i3 Energy's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 i3 Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
i3 Energy's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-06-30) in GBP | £-0.05 |
| AIM:I3E Share Price ** | AIM (2019-04-18) in GBP | £0.39 |
| 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 i3 Energy.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = AIM:I3E Share Price ÷ EPS (both in GBP) = 0.39 ÷ -0.05 |
-8.36x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- i3 Energy is loss making, we can't compare its value to the GB Oil and Gas industry average.
- i3 Energy is loss making, we can't compare the value of its earnings to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does
i3 Energy's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | -8.36x |
| 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 i3 Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
i3 Energy's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-06-30) in GBP | £0.11 |
| AIM:I3E Share Price * | AIM (2019-04-18) in GBP | £0.39 |
| 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 |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = AIM:I3E Share Price ÷ Book Value per Share (both in GBP) = 0.39 ÷ 0.11 |
3.56x |
* Primary Listing of i3 Energy.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- i3 Energy is overvalued based on assets compared to the GB Oil and Gas industry average.
Value checks
We assess i3 Energy's value by looking at:- 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. )
- 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)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check) i3 Energy has a total score of 2/6, 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.
I3E Future Performance
How is i3 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 i3 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!
Earnings growth vs Low Risk Savings
- Unable to compare i3 Energy's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
- Unable to compare i3 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 i3 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
| 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
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (9 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Date (Data in GBP Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | ||||
| 2022-12-31 | ||||
| 2021-12-31 | ||||
| 2020-12-31 | 73 | |||
| 2019-12-31 | -5 | |||
| 2018-12-31 | -5 |
| Date (Data in GBP Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-06-30 | -3 | -1 | |
| 2018-03-31 | -2 | -2 | |
| 2017-12-31 | -2 | -3 | |
| 2017-09-30 | -2 | -3 | |
| 2017-06-30 | -1 | -2 | |
| 2017-03-31 | -1 | -1 | |
| 2016-12-31 | 0 | 0 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (9 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
All data from i3 Energy Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in GBP Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | ||||
| 2022-12-31 | ||||
| 2021-12-31 | ||||
| 2020-12-31 | ||||
| 2019-12-31 | ||||
| 2018-12-31 |
| Date (Data in GBP Millions) | EPS * |
|---|---|
| 2018-06-30 | -0.05 |
| 2018-03-31 | -0.11 |
| 2017-12-31 | -0.25 |
| 2017-09-30 | -0.26 |
| 2017-06-30 | -0.28 |
| 2017-03-31 | -0.20 |
| 2016-12-31 | -0.07 |
*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 i3 Energy will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Future performance checks
We assess i3 Energy's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- 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)
- 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)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
i3 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.
I3E Past Performance
How has i3 Energy performed over the past 5 years?
- i3 Energy's last earnings update was 206 days ago.
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
Past Earnings growth analysis
- i3 Energy does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
- Unable to compare i3 Energy's 1-year earnings growth to the 5-year average as it is not currently profitable.
- Unable to compare i3 Energy's 1-year growth to the GB Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
All data from i3 Energy Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in GBP Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-06-30 | -1.22 | 1.66 | ||
| 2018-03-31 | -2.08 | 1.74 | ||
| 2017-12-31 | -2.94 | 1.82 | ||
| 2017-09-30 | -2.60 | 1.47 | ||
| 2017-06-30 | -2.26 | 1.12 | ||
| 2017-03-31 | -1.33 | 0.75 | ||
| 2016-12-31 | -0.40 | 0.39 |
*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.
- It is difficult to establish if i3 Energy has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
- It is difficult to establish if i3 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 i3 Energy improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
Past performance checks
We assess i3 Energy's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
i3 Energy has a total score of 0/6, 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.
I3E Health
How is i3 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 i3 Energy's finances.
The net worth of a company is the difference between its assets and liabilities.
- i3 Energy's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
- i3 Energy has no long term commitments.
Balance sheet
Assets
Liabilities and shares
- Low level of unsold assets.
- Debt is covered by short term assets, assets are 1.6x 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.
All data from i3 Energy Company Filings, last reported 9 months ago.
| Date (Data in GBP Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-06-30 | 4.36 | 0.69 | 1.05 |
| 2018-03-31 | 4.36 | 0.69 | 1.05 |
| 2017-12-31 | 0.37 | 3.04 | 0.63 |
| 2017-09-30 | 0.37 | 3.04 | 0.63 |
| 2017-06-30 | -2.30 | 6.88 | 2.80 |
| 2017-03-31 | -2.30 | 6.88 | 2.80 |
| 2016-12-31 | -0.40 | 1.99 | 0.02 |
- i3 Energy's level of debt (15.7%) compared to net worth is satisfactory (less than 40%).
- Unable to establish if i3 Energy's debt level has increased without past 5-year debt data.
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.
- i3 Energy has less than a year of cash runway based on current free cash flow.
- i3 Energy has less than a year of cash runway if free cash flow continues to grow at historical rates of 42.7% each year.
Financial health checks
We assess i3 Energy's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) i3 Energy has a total score of 2/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- 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.
I3E Dividends
What is i3 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
If you bought
£2,000 of
i3 Energy
shares you are expected to receive
£0
in your first year as a dividend.
Dividend Amount
- Unable to evaluate i3 Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate i3 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.
| 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.
| Date (Data in £) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2023-12-31 | ||
| 2022-12-31 | ||
| 2021-12-31 | ||
| 2020-12-31 | ||
| 2019-12-31 | ||
| 2018-12-31 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as i3 Energy has not reported any payouts.
- Unable to verify if i3 Energy's dividend has been increasing as the company has not reported any payouts.
Income/ dividend checks
We assess i3 Energy's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can i3 Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) i3 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.
I3E Management
CEO
| COMPENSATION | £62,425 |
| AGE | 53 |
| TENURE AS CEO | 0.5 years |
CEO Bio
Mr. Majid Shafiq has been Chief Executive Officer at i3 Energy Plc since October 8, 2018. Mr. Majid Shafiq serves Chief Executive Officer of Àrgentil Capital Partners since 2015. Mr. Shafiq has 29 years of technical and investment banking experience focused on the global E&P sector. Mr. Shafiq was employed at Tristone Capital Limited in the position of Managing Director of Investment Banking. Mr. Shafiq joined Tristone Capital in September 2005 as Director, Investment Banking. Mr. Shafiq joined Tristone after three years with Waterous & Co, where he was a Director responsible for international acquisitions and divestment transactions. Prior to joining Waterous, Mr. Shafiq worked for Dynegy Trading in the UK where he was responsible for origination in the European gas markets and acquisitions in the UK gas and power market. He served as Managing Director of Corporate Finance at FirstEnergy Capital LLP. Mr. Shafiq started his career with Mobil Oil Corporation for 13 years in various petroleum engineering and commercial roles in the UK and the Netherlands. He has been a Non-Executive Director of i3 Energy Plc since July 18, 2017. He served as a Director of Macquarie Tristone. Mr. Shafiq holds a Bachelor's Degree in Nuclear Engineering from Manchester University, a Master's Degree in Petroleum Engineering from Heriot-Watt University and an MBA from London Business School.
CEO Compensation
- Insufficient data for Majid to compare compensation growth.
- Majid's remuneration is lower than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure
Average tenure of the i3 Energy management team in years:
- The average tenure for the i3 Energy management team is less than 2 years, this suggests a new team.
Management Team
Majid Shafiq
CEO & Non-Executive Director
£62K
53
0.5 yrs
Graham Heath
CFO & Executive Director
£233K
43
John Woods
Chief Operating Officer
0.5 yrs
Sheri Barton
Manager Finance & Admin and Corporate Secretary
Martyn Eames
Head of Commercial
0.5 yrs
Board of Directors Tenure
Average tenure and age of the i3 Energy board of directors in years:
- The average tenure for the i3 Energy board of directors is less than 3 years, this suggests a new board.
Board of Directors
David John Knox
Non-Executive Chairman
£69K
60
Majid Shafiq
CEO & Non-Executive Director
£62K
53
1.8 yrs
Graham Heath
CFO & Executive Director
£233K
43
2.1 yrs
Richard Ames
Non-Executive Director
£62K
62
1.8 yrs
Neill Carson
Non Executive Director
£245K
59
2.1 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (£) | Value (£) | |
|---|---|---|---|---|---|---|---|---|---|---|
Management checks
We assess i3 Energy's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) i3 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.
I3E News
Simply Wall St News
Who Are The Major Shareholders In i3 Energy Plc (LON:I3E)?
I am going to take a deep dive into i3 Energy Plc’s (LON:I3E) most recent ownership structure, not a frequent subject of discussion among individual investors. … The impact of a company's ownership structure affects both its short- and long-term performance. … While these are more of a long-term investor’s concern, short-term investors may find the impact of institutional trading overwhelming enough to lose out on what could be a potential opportunity.
Simply Wall St - – Full articleWhat’s Installed For i3 Energy Plc (LON:I3E)?
Not surprisingly, this rate is more than double the growth rate of the UK stock market as a whole. … AIM:I3E Growth In Earnings Jan 25th 18 The oil price collapse drove a negative 40% growth in the energy sector in the past five years. … This means it is an attractive growth stock relative to the wider UK stock market.
Simply Wall St - – Full articleI3E Company Info
Description
i3 Energy Plc, a holding company, engages in the identification, evaluation, acquisition, appraisal, development, and production of oil and gas assets in the United Kingdom. It owns a 100% interest in the License P.1987, Blocks 13/23d and 13/23c of Liberator oil field located in the North Sea. The company was founded in 2014 and is headquartered in Westhill, the United Kingdom.
Details
| Name: | i3 Energy Plc |
| I3E | |
| Exchange: | AIM |
| Founded: | 2014 |
| £34,294,796 | |
| 87,375,278 | |
| Website: | http://www.i3.energy |
| Address: |
i3 Energy Plc 11 Abercrombie Court, Prospect Road, Westhill, Aberdeenshire, AB32 6FE, United Kingdom |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| AIM | I3E | New Ordinary Shares | London Stock Exchange AIM Market | GB | GBP | 25. Jul 2017 | |
| DB | I32 | New Ordinary Shares | Deutsche Boerse AG | DE | EUR | 25. Jul 2017 |
Number of employees
Current staff
Industry
| Oil and Gas Exploration and Production | |
| Energy |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/04/22 22:35 |
| End of day share price update: | 2019/04/18 00:00 |
| Last estimates confirmation: | 2019/04/08 |
| Last earnings filing: | 2018/09/28 |
| Last earnings reported: | 2018/06/30 |
| Last annual earnings reported: | 2017/12/31 |
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.
