Jersey Oil and Gas
Market Cap
UK£15.2m
Last Updated
2020/04/10 00:33 UTC
Data Sources
Company Financials +
Executive Summary
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.
Risk Analysis
Earnings are forecast to decline by an average of -6.7% per year for the next 3 years
Currently unprofitable and not forecast to become profitable over the next 3 years
+ 1 more risk
Snowflake Analysis
Adequate balance sheet with weak fundamentals.
Share Price & News
How has Jersey Oil and Gas's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: JOG's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
31.1%
JOG
6.6%
GB Oil and Gas
8.6%
GB Market
1 Year Return
-7.3%
JOG
-34.7%
GB Oil and Gas
-19.4%
GB Market
Return vs Industry: JOG exceeded the UK Oil and Gas industry which returned -36.8% over the past year.
Return vs Market: JOG exceeded the UK Market which returned -23.6% over the past year.
Shareholder returns
| JOG | Industry | Market | |
|---|---|---|---|
| 7 Day | 31.1% | 6.6% | 8.6% |
| 30 Day | 2.2% | 8.4% | -3.5% |
| 90 Day | -55.4% | -34.0% | -23.0% |
| 1 Year | -7.3%-7.3% | -31.3%-34.7% | -15.5%-19.4% |
| 3 Year | -77.4%-77.4% | -8.5%-20.0% | -8.8%-19.9% |
| 5 Year | -4.1%-4.1% | -2.3%-21.9% | 4.2%-19.0% |
Price Volatility Vs. Market
How volatile is Jersey Oil and Gas's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Have Insiders Been Buying Jersey Oil and Gas Plc (LON:JOG) Shares?3 months ago | Simply Wall St
We Think Jersey Oil and Gas (LON:JOG) Needs To Drive Business Growth Carefully4 months ago | Simply Wall St
How Many Jersey Oil and Gas Plc (LON:JOG) Shares Did Insiders Buy, In The Last Year?Valuation
Is Jersey Oil and Gas undervalued compared to its fair value and its price relative to the market?
0.65x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate JOG's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate JOG's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: JOG is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.
PE vs Market: JOG 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 JOG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: JOG is overvalued based on its PB Ratio (0.6x) compared to the GB Oil and Gas industry average (0.4x).
Next Steps
Future Growth
How is Jersey Oil and Gas forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
-6.7%
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: Insufficient data to determine if JOG's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if JOG's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Jersey Oil and Gas performed over the past 5 years?
73.2%
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, but has reduced losses over the past 5 years at a rate of 73.2% 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 (47.5%).
Return on Equity
High ROE: JOG has a negative Return on Equity (-6.61%), as it is currently unprofitable.
Next Steps
Financial Health
How is Jersey Oil and Gas's financial position?
Financial Position Analysis
Short Term Liabilities: JOG's short term assets (£16.0M) exceed its short term liabilities (£608.9K).
Long Term Liabilities: JOG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: JOG is debt free.
Reducing Debt: JOG has no debt compared to 5 years ago when its debt to equity ratio was 3.9%.
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: Insufficient data to determine if JOG has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if JOG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Next Steps
Dividend
What is Jersey Oil and Gas's current dividend yield, its reliability and sustainability?
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 payouts.
High Dividend: Unable to evaluate JOG'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 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.
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 JOG'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?
4.7yrs
Average board tenure
CEO
J. Benitz (42yo)
no data
Tenure
UK£177,000
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 ($USD218.50K) is below average for companies of similar size in the UK market ($USD335.16K).
Compensation vs Earnings: J.'s compensation has increased whilst the company is unprofitable.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | no data | UK£177.00k | 2.87% £435.9k | |
| CFO & Executive Director | 1.42yrs | UK£171.42k | 0.076% £11.5k | |
| COO & Executive Director | 4.67yrs | UK£172.00k | 4.64% £704.4k | |
| Independent Non-Executive Chairman | 5.67yrs | UK£50.00k | 0.37% £55.6k | |
| Independent Non-Executive Director | 4.5yrs | UK£30.00k | 0.39% £59.0k | |
| Board Adviser | no data | no data | no data |
4.7yrs
Average Tenure
59yo
Average Age
Experienced Board: JOG's board of directors are considered experienced (4.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: JOG 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 27.1%.
Top Shareholders
Company Information
Jersey Oil and Gas Plc's company bio, 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
- Market Cap: UK£15.171m
- Shares outstanding: 21.83m
- Website: https://www.jerseyoilandgas.com
Number of Employees
Location
- Jersey Oil and Gas Plc
- Howard House
- 9 The Esplanade
- Saint Helier
- JE2 3QA
- Jersey
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| JOG | AIM (London Stock Exchange AIM Market) | Yes | New Ordinary Shares | GB | GBP | Mar 2011 |
| JYOG.F | OTCPK (Pink Sheets LLC) | Yes | New Ordinary Shares | US | USD | Mar 2011 |
| TPC1 | BST (Boerse-Stuttgart) | Yes | New Ordinary Shares | DE | EUR | Mar 2011 |
Biography
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. It holds a 100% interest in the Buchan and J2 project, which include P2498 Blocks 20/5A and 21/1A licenses; an 18% interest in the Verbier project covering P2170 Blocks 20/5B and 21/1D licenses; a 100% interest in the Glenn project comprising P2499 Block 21/2a license; and a 100% interest in the Zermatt project consisting of P2497 Blocks 20/4c license. The company was formerly known as Trap Oil Group plc and changed its name to Jersey Oil and Gas Plc in August 2015. Jersey Oil and Gas Plc was founded in 2007 and is headquartered in Saint Helier, Jersey.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/04/10 00:33 |
| End of Day Share Price | 2020/04/09 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.