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JOG

Jersey Oil and Gas AIM:JOG Stock Report

Last Price

UK£2.57

Market Cap

UK£83.5m

7D

-0.4%

1Y

111.1%

Updated

16 Aug, 2022

Data

Company Financials +
JOG fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

JOG Stock Overview

Jersey Oil and Gas Plc engages in the acquisition, exploration, appraisal, development, and production of oil and gas properties in the North Sea of the United Kingdom.

Jersey Oil and Gas Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Jersey Oil and Gas
Historical stock prices
Current Share PriceUK£2.57
52 Week HighUK£3.20
52 Week LowUK£1.05
Beta1.23
1 Month Change18.75%
3 Month Change-2.66%
1 Year Change111.11%
3 Year Change44.51%
5 Year Change10.56%
Change since IPO-94.17%

Recent News & Updates

Shareholder Returns

JOGGB Oil and GasGB Market
7D-0.4%1.1%0.9%
1Y111.1%-7.2%-8.2%

Return vs Industry: JOG exceeded the UK Oil and Gas industry which returned -6.2% over the past year.

Return vs Market: JOG exceeded the UK Market which returned -8.3% over the past year.

Price Volatility

Is JOG's price volatile compared to industry and market?
JOG volatility
JOG Average Weekly Movement8.7%
Oil and Gas Industry Average Movement9.0%
Market Average Movement5.4%
10% most volatile stocks in GB Market10.8%
10% least volatile stocks in GB Market2.7%

Stable Share Price: JOG is more volatile than 75% of UK stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: JOG's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of UK stocks.

About the Company

FoundedEmployeesCEOWebsite
200717J. Benitzhttps://www.jerseyoilandgas.com

Jersey Oil and Gas Plc engages in the acquisition, exploration, appraisal, development, and production of oil and gas properties in the North Sea of the United Kingdom. The company holds a 100% interest in the Buchan and J2 project, which include P2498 Blocks 20/5A, 20/5E, and 21/1A licenses; and a 100% working interest in the Verbier project covering P2170 Blocks 20/5B and 21/1D licenses. Jersey Oil and Gas Plc’s assets portfolio also includes Athena project, which comprises P1293 Block 14/18B.

Jersey Oil and Gas Fundamentals Summary

How do Jersey Oil and Gas's earnings and revenue compare to its market cap?
JOG fundamental statistics
Market CapUK£83.50m
Earnings (TTM)-UK£4.23m
Revenue (TTM)n/a

0.0x

P/S Ratio

-19.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
JOG income statement (TTM)
RevenueUK£0
Cost of RevenueUK£101.08k
Gross Profit-UK£101.08k
Other ExpensesUK£4.12m
Earnings-UK£4.23m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.13
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did JOG perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is JOG undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for JOG?

Other financial metrics that can be useful for relative valuation.

JOG key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDA-18.9x
PEG Ration/a

Price to Book Ratio vs Peers

How does JOG's PB Ratio compare to its peers?

JOG PB Ratio vs Peers
The above table shows the PB ratio for JOG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average1.5x
ZPHR Zephyr Energy
2.9xn/aUK£73.0m
PMG Parkmead Group
1.5x147.3%UK£84.8m
IGAS IGas Energy
1.4x39.8%UK£94.6m
ENW Enwell Energy
0.4xn/aUK£58.5m
JOG Jersey Oil and Gas
2.6x16.4%UK£83.5m

Price-To-Book vs Peers: JOG is expensive based on its Price-To-Book Ratio (2.6x) compared to the peer average (1.5x).


Price to Earnings Ratio vs Industry

How does JOG's PE Ratio compare vs other companies in the GB Oil and Gas Industry?

Price-To-Book vs Industry: JOG is expensive based on its Price-To-Book Ratio (2.6x) compared to the UK Oil and Gas industry average (1.1x)


Price to Book Ratio vs Fair Ratio

What is JOG's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

JOG PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio2.6x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate JOG's Price-To-Book Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of JOG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate JOG's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate JOG's fair value for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


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Future Growth

How is Jersey Oil and Gas forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


16.4%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JOG is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: JOG is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: JOG is forecast to remain unprofitable over the next 3 years.

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

High Growth Revenue: JOG is forecast to have no revenue next year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: JOG is forecast to be unprofitable in 3 years.


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Past Performance

How has Jersey Oil and Gas performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-41.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: JOG is currently unprofitable.

Growing Profit Margin: JOG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: JOG is unprofitable, and losses have increased over the past 5 years at a rate of 41.8% per year.

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

Earnings vs Industry: JOG is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (291.9%).


Return on Equity

High ROE: JOG has a negative Return on Equity (-13.06%), as it is currently unprofitable.


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Financial Health

How is Jersey Oil and Gas's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: JOG's short term assets (£13.4M) exceed its short term liabilities (£2.7M).

Long Term Liabilities: JOG's short term assets (£13.4M) exceed its long term liabilities (£83.0K).


Debt to Equity History and Analysis

Debt Level: JOG is debt free.

Reducing Debt: JOG has not had any debt for 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: JOG has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: JOG has sufficient cash runway for 2.2 years if free cash flow continues to reduce at historical rates of 29.1% each year.


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Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if JOG's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as JOG has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

0.8yrs

Average management tenure


CEO

J. Benitz (45 yo)

no data

Tenure

UK£335,000

Compensation

Mr. J. Andrew Benitz serves as the Chief Executive Officer of Jersey Oil and Gas Plc. Mr. Benitz served as Chief Executive Officer of PetroMaroc Corporation plc from December 20, 2012 to December 2013. Mr....


CEO Compensation Analysis

Compensation vs Market: J.'s total compensation ($USD405.35K) is about average for companies of similar size in the UK market ($USD336.18K).

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


Leadership Team

Experienced Management: JOG's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: JOG's board of directors are considered experienced (4.6 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.1%.


Top Shareholders

Company Information

Jersey Oil and Gas Plc's employee growth, exchange listings and data sources


Key Information

  • Name: Jersey Oil and Gas Plc
  • Ticker: JOG
  • Exchange: AIM
  • Founded: 2007
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Implied Market Cap: UK£83.502m
  • Shares outstanding: 32.55m
  • Website: https://www.jerseyoilandgas.com

Number of Employees


Location

  • Jersey Oil and Gas Plc
  • 5 St Andrew’s Place
  • Ground Floor
  • Saint Helier
  • JE2 3RP
  • Jersey

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/16 00:00
End of Day Share Price2022/08/16 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.