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Sterling Energy

AIM:SEY
Snowflake Description

Flawless balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SEY
AIM
£26M
Market Cap
  1. Home
  2. GB
  3. Energy
Company description

Sterling Energy plc, together with its subsidiaries, operates as an upstream oil and gas exploration and production company in Africa. The last earnings update was 24 days ago. More info.


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SEY Share Price and Events
7 Day Returns
2.6%
AIM:SEY
0.4%
GB Oil and Gas
0.6%
GB Market
1 Year Returns
-14.3%
AIM:SEY
17.2%
GB Oil and Gas
1.1%
GB Market
SEY Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Sterling Energy (SEY) 2.6% 10.4% 4% -14.3% -27.2% -62%
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
  • SEY underperformed the Oil and Gas industry which returned 17.2% over the past year.
  • SEY underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 1.1% over the past year.
Price Volatility
SEY
Industry
5yr Volatility vs Market

Value

 Is Sterling 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
  • It is not possible to calculate the future cash flow value for Sterling Energy. This is due to cash flow or dividend data being unavailable. The share price is £0.1165.
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 Sterling Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Sterling Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:SEY PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.01
AIM:SEY Share Price ** AIM (2019-04-18) in GBP £0.12
AIM:SEY Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.298 $0.15
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 Sterling Energy.

AIM:SEY PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:SEY Share Price ÷ EPS (both in USD)

= 0.15 ÷ -0.01

-17.02x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sterling Energy is loss making, we can't compare its value to the GB Oil and Gas industry average.
  • Sterling 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 Sterling Energy's expected growth come at a high price?
Raw Data
AIM:SEY PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -17.02x
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 Sterling Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Sterling Energy's assets?
Raw Data
AIM:SEY PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $0.31
AIM:SEY Share Price * AIM (2019-04-18) in GBP £0.12
AIM:SEY Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.298 $0.15
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
AIM:SEY PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:SEY Share Price ÷ Book Value per Share (both in USD)

= 0.15 ÷ 0.31

0.49x

* Primary Listing of Sterling Energy.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sterling Energy is good value based on assets compared to the GB Oil and Gas industry average.
X
Value checks
We assess Sterling Energy's value by looking at:
  1. 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. )
  2. 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)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Sterling Energy has a total score of 1/6, 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.

Future Performance

 How is Sterling 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 Sterling 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!
Annual Growth Rate
14.2%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Sterling Energy expected to grow at an attractive rate?
  • Unable to compare Sterling Energy's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Sterling 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 Sterling 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
Raw Data
AIM:SEY Future Growth Rates Data Sources
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
Raw Data
AIM:SEY Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:SEY Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31
2019-12-31
AIM:SEY Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 1 -35 -2
2018-09-30 2 -36 -5
2018-06-30 3 -38 -8
2018-03-31 4 -21 -8
2017-12-31 4 -4 -9
2017-09-30 5 -5 -6
2017-06-30 6 -6 -2
2017-03-31 5 -8 -6
2016-12-31 5 -10 -9
2016-09-30 4 -12 -16
2016-06-30 3 -15 -23
2016-03-31 4 -10 -19

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Sterling Energy is high growth as no earnings estimate data is available.
  • Unable to determine if Sterling Energy is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
AIM:SEY Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Sterling Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:SEY Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31
2019-12-31
AIM:SEY Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.01
2018-09-30 -0.02
2018-06-30 -0.04
2018-03-31 -0.04
2017-12-31 -0.04
2017-09-30 -0.03
2017-06-30 -0.01
2017-03-31 -0.03
2016-12-31 -0.04
2016-09-30 -0.07
2016-06-30 -0.10
2016-03-31 -0.09

*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 Sterling Energy will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Sterling Energy's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Sterling Energy's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  3. Sterling Energy's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Sterling Energy's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. 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)
  3. 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)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Sterling 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.

Past Performance

  How has Sterling Energy performed over the past 5 years?

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
Below we compare Sterling Energy's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Sterling Energy does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Sterling Energy's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Sterling Energy's 1-year growth to the GB Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Sterling Energy's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Sterling Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:SEY Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 0.53 -1.96 1.55
2018-09-30 1.64 -4.94 1.92
2018-06-30 2.75 -7.93 2.29
2018-03-31 3.59 -8.47 2.33
2017-12-31 4.43 -9.00 2.38
2017-09-30 5.07 -5.74 2.48
2017-06-30 5.71 -2.47 2.58
2017-03-31 5.26 -5.50 2.31
2016-12-31 4.82 -8.53 2.05
2016-09-30 3.79 -15.63 2.15
2016-06-30 2.76 -22.73 2.26
2016-03-31 3.90 -19.34 2.28
2015-12-31 5.03 -15.95 2.31
2015-09-30 7.75 -15.70 2.06
2015-06-30 10.48 -15.45 1.81
2015-03-31 13.23 -13.88 1.94
2014-12-31 15.99 -12.32 2.07
2014-06-30 16.83 7.21 2.82
2014-03-31 17.60 7.26 3.00
2013-12-31 18.37 7.31 3.18
2013-06-30 19.11 2.57 3.21
2013-03-31 20.80 4.04 3.00
2012-12-31 22.50 5.50 2.80
2012-06-30 23.63 16.67 3.12

*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 Sterling 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 Sterling 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 Sterling Energy improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Sterling Energy's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Sterling 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.

Health

 How is Sterling 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 Sterling Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Sterling Energy is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Sterling Energy has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Sterling Energy's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Sterling Energy has no debt, it does not need to be covered by short term assets.
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.
Raw Data

All data from Sterling Energy Company Filings, last reported 3 months ago.

AIM:SEY Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 67.33 0.00 46.31
2018-09-30 67.33 0.00 46.31
2018-06-30 68.18 0.00 46.90
2018-03-31 68.18 0.00 46.90
2017-12-31 69.30 0.00 81.37
2017-09-30 69.30 0.00 81.37
2017-06-30 76.13 0.00 83.49
2017-03-31 76.13 0.00 83.49
2016-12-31 78.39 0.00 88.06
2016-09-30 78.39 0.00 88.06
2016-06-30 78.61 0.00 92.54
2016-03-31 78.61 0.00 92.54
2015-12-31 86.80 0.00 98.65
2015-09-30 86.80 0.00 98.65
2015-06-30 101.05 0.00 112.23
2015-03-31 101.05 0.00 112.23
2014-12-31 102.44 0.00 108.15
2014-06-30 116.12 0.00 110.88
2014-03-31 116.12 0.00 110.88
2013-12-31 114.08 0.00 120.76
2013-06-30 106.76 0.00 119.28
2013-03-31 106.76 0.00 119.28
2012-12-31 104.62 0.00 120.35
2012-06-30 121.52 0.00 114.38
  • Sterling Energy has no debt.
  • Sterling Energy has not taken on any debt in the past 5 years.
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.

  • Sterling Energy has sufficient cash runway for 1.3 years based on current free cash flow.
  • Sterling Energy has sufficient cash runway for 1.2 years if free cash flow continues to grow at historical rates of 41.7% each year.
X
Financial health checks
We assess Sterling Energy's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Sterling Energy has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. 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.

Dividends

 What is Sterling 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
Dividend payments
0%
Current annual income from Sterling Energy dividends. Estimated to be 0% next year.
If you bought £2,000 of Sterling Energy shares you are expected to receive £0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Sterling Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Sterling 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.
Raw Data
AIM:SEY Annualized Past and Future Dividends
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.

AIM:SEY Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31 0.00 1.00
2019-12-31 0.00 1.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Sterling Energy has not reported any payouts.
  • Unable to verify if Sterling Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Sterling Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Sterling Energy has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Sterling Energy's dividends in 3 years as they are not expected to pay a notable one for United Kingdom of Great Britain and Northern Ireland.
X
Income/ dividend checks
We assess Sterling Energy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Sterling Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Sterling 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.

Management

 What is the CEO of Sterling Energy's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
David Marshall
AGE 60
TENURE AS CEO 0.8 years
CEO Bio

Mr. David Lee Marshall is Chief Executive Officer and Director of Sterling Energy plc since June 6, 2018. He joined Sterling Energy in June 2018. He is Director of Diamond Sharp Energy Limited. He was Director of Boreas Resources Limited and Adriatic Energy Limited. He served as the Chief Executive Officer at DEO Petroleum plc. He subsequently worked for Enquest in Egypt prior to becoming Chairman of Arenite Petroleum. Mr. Marshall has 35 years' experience in Oil and Gas Production and Development specialising in technical solutions for accessing production from stranded assets. He served as Senior Vice President, Operations of ScotOil Petroleum Limited since November 2007 and General Manager of its subsidiary Oilexco North Sea Limited since November 2004. He served as General Manager of ScotOil Petroleum Limited. Since 1989, he has held managerial positions in the onshore and offshore oil and gas drilling and production operations in Turkmenistan, Tunisia, Holland, UK, Gabon and United Arab Emirates. He served as Executive Director at DEO Petroleum plc. He has been a Director at Oilexco North Sea Limited since November 2007. He previously served as a Director of Microcap Equities plc since December 30, 2009. Mr. Marshall holds Masters degree in Petroleum Engineering from Heriot Watt University and a Bachelor of Science Honours Degree in Civil Engineering from Glasgow University.

CEO Compensation
  • Insufficient data for David to compare compensation growth.
  • Insufficient data for David to establish whether their remuneration is reasonable compared to companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team

David Marshall

TITLE
CEO & Director
AGE
60
TENURE
0.8 yrs
Board of Directors Tenure

Average tenure and age of the Sterling Energy board of directors in years:

2.3
Average Tenure
53.5
Average Age
  • The average tenure for the Sterling Energy board of directors is less than 3 years, this suggests a new board.
Board of Directors

Michael Kroupeev

TITLE
Non-Executive Chairman
COMPENSATION
$100K
AGE
52
TENURE
2.3 yrs

David Marshall

TITLE
CEO & Director
AGE
60
TENURE
0.8 yrs

Leo Koot

TITLE
Senior Independent Non-Executive Director
COMPENSATION
$48K
AGE
55
TENURE
2.3 yrs

Ilya Belyaev

TITLE
Non-Executive Director
COMPENSATION
$34K
AGE
37
TENURE
2.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
X
Management checks
We assess Sterling Energy's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Sterling 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.

News

Simply Wall St News

Sterling Energy plc (LON:SEY): Time For A Financial Health Check

However, it also faces higher cost of capital given interest cost is generally lower than equity. … Does SEY's growth rate justify its decision for financial flexibility over lower cost of capital … Debt funding can be cheaper than issuing new equity due to lower interest cost on debt.

Simply Wall St -

What does Sterling Energy plc's (LON:SEY) Balance Sheet Tell Us About Its Future?

However, it also faces higher cost of capital given interest cost is generally lower than equity. … Is SEY right in choosing financial flexibility over lower cost of capital. … Debt funding can be cheaper than issuing new equity due to lower interest cost on debt

Simply Wall St -

Sterling Energy plc (LON:SEY): Time For A Financial Health Check

The direct benefit for Sterling Energy plc (LON:SEY), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. … Is SEY growing fast enough to value financial flexibility over lower cost of capital … Debt capital generally has lower cost of capital compared to equity funding.

Simply Wall St -

When Should You Buy Sterling Energy plc (LON:SEY)?

Sterling Energy plc (AIM:SEY), an energy company based in United Kingdom, received a lot of attention from a substantial price movement on the AIM over the last few months, increasing to £0.14 at one point, and dropping to the lows of £0.13. … The stock’s ratio of 0.56x is currently trading slightly below its industry peers’ ratio of 1.37x, which means if you buy Sterling Energy today, you’d be paying a relatively fair price for it. … And if you believe Sterling Energy should be trading in this range, then there isn’t much room for the share price grow beyond what it’s currently trading.

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What You Must Know About Sterling Energy plc's (LON:SEY) Major Investors

View our latest analysis for Sterling Energy AIM:SEY Ownership_summary Mar 27th 18 Institutional Ownership In SEY's case, institutional ownership stands at 28.78%, significant enough to cause considerable price moves in the case of large institutional transactions, especially when there is a low level of public shares available on the market to trade. … This size of ownership, while considerably small for a public company, may not be enough to change company policy if the decision is not in sync with other large shareholders. … As a result, potential investors should further explore the company's business relations with these companies and find out if they can affect shareholder returns in the long-term.Next Steps: SEY's considerably high level of institutional ownership calls for further analysis into its margin of safety.

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What You Must Know About Sterling Energy plc's (LON:SEY) Market Risks

Sterling Energy's beta of 0.37 indicates that the stock value will be less variable compared to the whole stock market. … Based on this beta value, SEY appears to be a stock that an investor with a high-beta portfolio would look for to reduce risk exposure to the market. … How SEY's assets could affect its beta During times of economic downturn, low demand may cause companies to readjust production of their goods and services.

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Was Sterling Energy plc's (LON:SEY) Earnings Growth Better Than The Industry's?

After reading Sterling Energy plc's (AIM:SEY) most recent earnings announcement (30 June 2017), I found it useful to look back at how the company has performed in the past and compare this against the latest numbers. … Check out our latest analysis for Sterling Energy Commentary On SEY's Past Performance I like to use data from the most recent 12 months, which annualizes the most recent half-year data, or in some cases, the latest annual report is already the most recent financial year data. … For Sterling Energy, its latest earnings (trailing twelve month) is -US$2.47M, which, relative to the prior year's level, has become less negative.

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Is Sterling Energy plc (LON:SEY) Undervalued?

I find that Sterling Energy’s ratio of 0.55x is trading slightly below its industry peers’ ratio of 0.88x, which means if you buy Sterling Energy today, you’d be paying a relatively fair price for it. … The price seems to be trading at fair value, which means there’s less benefit from mispricing. … If you are no longer interested in Sterling Energy, you can use our free platform to see my list of over 50 other stocks with a high growth potential.

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Should You Be Content With Sterling Energy plc's (AIM:SEY) 89.1% Earnings Growth?

After looking at Sterling Energy plc's (AIM:SEY) latest earnings announcement (30 June 2017), I found it useful to revisit the company's performance in the past couple of years and assess this against the most recent figures. … This shows that, Sterling Energy has historically performed better than recently, although it seems like earnings are now heading back towards a more favorable position once more. … This shows that, although Sterling Energy is currently running a loss, it may have only just gained from the recent industry expansion, moving earnings towards to right direction.What does this mean?

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What You Must Know About Sterling Energy plc's (AIM:SEY) Major Investors

Insider Ownership Another important group of shareholders are company insiders. … Private Company Ownership Potential investors in SEY should also look at another important group of investors: private companies, with a stake of 32.32%, who are primarily invested because of strategic and capital gain interests. … The company's high institutional ownership makes margin of safety a very important consideration to existing investors since long bull and bear trends often emerge when these big-ticket investors see a change in long-term potential of the company.

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Company Info

Description

Sterling Energy plc, together with its subsidiaries, operates as an upstream oil and gas exploration and production company in Africa. It has 34% interest in an exploration project covering approximately 22,840 square kilometers located in Somaliland. The company was incorporated in 1983 and is headquartered in London, the United Kingdom.

Details
Name: Sterling Energy plc
SEY
Exchange: AIM
Founded: 1983
£25,636,176
220,053,020
Website: http://www.sterlingenergyplc.com
Address: Sterling Energy plc
High Holborn House,
52-54 High Holborn,
London,
Greater London, WC1V 6RL,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM SEY Ordinary Shares London Stock Exchange AIM Market GB GBP 21. Oct 2002
OTCPK STGA.F Ordinary Shares Pink Sheets LLC US USD 21. Oct 2002
DB TB8A Ordinary Shares Deutsche Boerse AG DE EUR 21. Oct 2002
Number of employees
Current staff
Staff numbers
11
Sterling Energy employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/22 20:44
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/12
Last earnings filing: 2019/03/29
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


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.