Tower Resources Plc operates as an independent oil and gas exploration company in Africa.
+ 1 more risk
Mediocre balance sheet and overvalued.
Share Price & News
How has Tower Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TRP's share price has been volatile over the past 3 months.
7 Day Return
GB Oil and Gas
1 Year Return
GB Oil and Gas
Return vs Industry: TRP underperformed the UK Oil and Gas industry which returned -42.4% over the past year.
Return vs Market: TRP underperformed the UK Market which returned -23% over the past year.
Price Volatility Vs. Market
How volatile is Tower Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StWho Has Been Buying Tower Resources plc (LON:TRP) Shares?
5 months ago | Simply Wall StThe Chairman & CEO of Tower Resources plc (LON:TRP), Jeremy Asher, Just Bought 256% More Shares
6 months ago | Simply Wall StWe're Worried About Tower Resources's (LON:TRP) Cash Burn Rate
Is Tower Resources undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate TRP's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate TRP's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: TRP is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.
PE vs Market: TRP 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 TRP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TRP is good value based on its PB Ratio (0.1x) compared to the GB Oil and Gas industry average (0.4x).
How is Tower Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Energy industry annual growth in earnings
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 Tower Resources 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 SimplyWall St do have past financial data.
- Take a look at our analysis of TRP’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Tower Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
How has Tower Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TRP is currently unprofitable.
Growing Profit Margin: TRP is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TRP is unprofitable, but has reduced losses over the past 5 years at a rate of 49.9% per year.
Accelerating Growth: Unable to compare TRP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TRP is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (38.2%).
Return on Equity
High ROE: TRP has a negative Return on Equity (-10.17%), as it is currently unprofitable.
How is Tower Resources's financial position?
Financial Position Analysis
Short Term Liabilities: TRP's short term assets ($363.4K) do not cover its short term liabilities ($2.1M).
Long Term Liabilities: TRP has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TRP is debt free.
Reducing Debt: TRP has not had any debt for past 5 years.
Inventory Level: TRP has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if TRP's debt is covered by short term assets.
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 TRP has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if TRP has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Tower Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TRP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate TRP'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 TRP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TRP'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 TRP's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jeremy Asher (60yo)
Mr. Jeremy Benjamin Gerald Asher, BSc (Econ), MBA, MEI has been Chief Executive Officer of Tower Resources PLC since November 1, 2016. Mr. Asher served as the President of P A Consulting Group (holding) In ...
CEO Compensation Analysis
Compensation vs Market: Jeremy's total compensation ($USD314.81K) is about average for companies of similar size in the UK market ($USD335.89K).
Compensation vs Earnings: Jeremy's compensation has been consistent with company performance over the past year.
|Chairman & CEO||3.25yrs||US$314.81k||24.09% $584.0k|
|Head of Exploration||7yrs||no data||0.15% $3.5k|
Experienced Management: TRP's management team is considered experienced (3.4 years average tenure).
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
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 60.7%.
Tower Resources plc's company bio, employee growth, exchange listings and data sources
- Name: Tower Resources plc
- Ticker: TRP
- Exchange: AIM
- Founded: 2004
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: UK£2.424m
- Shares outstanding: 1.24b
- Website: https://www.towerresources.co.uk
Number of Employees
- Tower Resources plc
- 140 Buckingham Palace Road
- Greater London
- SW1W 9SA
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TRP||AIM (London Stock Exchange AIM Market)||Yes||Ordinary Shares||GB||GBP||Aug 2005|
|ULF1||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Aug 2005|
|RTWR.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Aug 2005|
Tower Resources Plc operates as an independent oil and gas exploration company in Africa. The company holds a 100% interest in the Thali production sharing contract that covers an area of 119.2 square kilometers located in the Rio del Rey basin, offshore Cameroon; and a 50% interest in the Algoa-Gamtoos license that covers an area of 11,809 square kilometers located in the offshore South Africa. It also operates a 100% interest in Blocks 40 and 41 of the frontier Zambezi Basin, which cover a gross area of 6,946 square kilometers. The company was incorporated in 2004 and is based in London, the United Kingdom.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/31 21:00|
|End of Day Share Price||2020/03/31 00:00|
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.