UJO Stock Overview

Operates as an onshore oil and gas company in the United Kingdom and the United States. More details

UJO fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	5/6
Past Performance	2/6
Financial Health	6/6
Dividends	2/6

Rewards

Price-To-Earnings ratio (9.7x) is below the UK market (15.9x)

Earnings are forecast to grow 31.09% per year

Risk Analysis

High level of non-cash earnings

Volatile share price over the past 3 months compared to the UK market

Does not have meaningful revenue (£4M)

Does not have a meaningful market cap (£10M)

+ 1 more risk

My Notes

Capture your thoughts, links and company narrative

Union Jack Oil plc Competitors

Cadogan Energy Solutions

LSE:CAD

UK£9.9m

Parkmead Group

AIM:PMG

UK£20.5m

Indus Gas

AIM:INDI

UK£16.5m

Angus Energy

AIM:ANGS

UK£13.3m

Price History & Performance

Summary of share price highs, lows and changes for Union Jack Oil
Historical stock prices
Current Share Price	UK£0.098
52 Week High	UK£0.28
52 Week Low	UK£0.09
Beta	0.86
1 Month Change	0%
3 Month Change	-32.76%
1 Year Change	-50.00%
3 Year Change	-32.76%
5 Year Change	-69.91%
Change since IPO	-83.75%

Why Union Jack Oil's (LON:UJO) Shaky Earnings Are Just The Beginning Of Its Problems

Sep 30

Investors Don't See Light At End Of Union Jack Oil plc's (LON:UJO) Tunnel

Sep 24

Recent updates

Why Union Jack Oil's (LON:UJO) Shaky Earnings Are Just The Beginning Of Its Problems

Sep 30

Investors Don't See Light At End Of Union Jack Oil plc's (LON:UJO) Tunnel

Sep 24

Union Jack Oil plc (LON:UJO) May Have Run Too Fast Too Soon With Recent 26% Price Plummet

Sep 01

Estimating The Fair Value Of Union Jack Oil plc (LON:UJO)

May 21

Shareholder Returns

	UJO	GB Oil and Gas	GB Market
7D	-7.1%	-1.7%	-1.9%
1Y	-50.0%	-10.3%	2.6%

Return vs Industry: UJO underperformed the UK Oil and Gas industry which returned -10.3% over the past year.

Return vs Market: UJO underperformed the UK Market which returned 2.6% over the past year.

Price Volatility

Is UJO's price volatile compared to industry and market?
UJO volatility
UJO Average Weekly Movement	7.9%
Oil and Gas Industry Average Movement	8.6%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	10.7%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: UJO's share price has been volatile over the past 3 months compared to the UK market.

Volatility Over Time: UJO's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of UK stocks.

About the Company

Founded	Employees	CEO	Website
2011	4	n/a	www.unionjackoil.com

Union Jack Oil plc operates as an onshore oil and gas company in the United Kingdom and the United States. The company focuses on production, drilling, development, and investment in hydrocarbon projects. Its flagship project is the 40% owned Wressle Oilfield project PEDL180 and PEDL182 located in Lincolnshire.

Union Jack Oil plc Fundamentals Summary

How do Union Jack Oil's earnings and revenue compare to its market cap?
UJO fundamental statistics
Market cap	UK£10.39m
Earnings (TTM)	UK£1.08m
Revenue (TTM)	UK£3.82m

9.7x

P/E Ratio

2.7x

P/S Ratio

Is UJO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
UJO income statement (TTM)
Revenue	UK£3.82m
Cost of Revenue	UK£1.41m
Gross Profit	UK£2.41m
Other Expenses	UK£1.33m
Earnings	UK£1.08m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.01
Gross Margin	63.07%
Net Profit Margin	28.17%
Debt/Equity Ratio	0%

How did UJO perform over the long term?

See historical performance and comparison

Dividends

5.1%

Current Dividend Yield

25%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/24 19:54
End of Day Share Price	2024/12/24 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Union Jack Oil plc is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Daniel Slater	Arden Partners Plc.
Craig Howie	Shore Capital Group Ltd
Kyle May	Sidoti & Company, LLC

UJO Stock Overview

Rewards

Risk Analysis

Union Jack Oil plc Competitors

LSE:CAD

UK£9.9m

AIM:PMG

UK£20.5m

AIM:INDI

UK£16.5m

AIM:ANGS

UK£13.3m

Price History & Performance

Recent News & Updates

Union Jack Oil plc Announces Positive Drilling Update in Respect of the Taylor 1-16 Well

Union Jack Oil plc Announces Spudding of Taylor-1 Well, Oklahoma, USA

New minor risk - Revenue size

Why Union Jack Oil's (LON:UJO) Shaky Earnings Are Just The Beginning Of Its Problems

First half 2024 earnings released: EPS: UK£0.007 (vs UK£0.005 in 1H 2023)

Investors Don't See Light At End Of Union Jack Oil plc's (LON:UJO) Tunnel

Recent updates

Union Jack Oil plc Announces Positive Drilling Update in Respect of the Taylor 1-16 Well

Union Jack Oil plc Announces Spudding of Taylor-1 Well, Oklahoma, USA

New minor risk - Revenue size

Why Union Jack Oil's (LON:UJO) Shaky Earnings Are Just The Beginning Of Its Problems

First half 2024 earnings released: EPS: UK£0.007 (vs UK£0.005 in 1H 2023)

Investors Don't See Light At End Of Union Jack Oil plc's (LON:UJO) Tunnel

New major risk - Earnings quality

Union Jack Oil plc Announces Wressle Receipt of Planning Approval for Further Development

Union Jack Oil plc Announces Positive Drilling Update in Respect of the Andrews 2-17 Well, Located in Seminole County, Oklahoma, United States

Union Jack Oil plc Announces Spudding of Andrews 2-17 Well

Union Jack Oil plc (AIM:UJO) acquired 45% stake in Rogers Enhanced Oil Recovery Project in Seminole County, Oklahoma from Reach Oil and Gas Company, Inc. for $0.105 million.

Union Jack Oil plc Publishes Positive Conclusions of A Carbon Intensity Study on the West Newton Gas Development

Full year 2023 earnings released: EPS: UK£0.008 (vs UK£0.032 in FY 2022)

New minor risk - Financial data availability

Dividend of UK£0.0025 announced

Union Jack Oil plc Declares a Dividend, Payable on 26 July 2024

Union Jack Oil plc Provides Positive Andrews 1-17 Well Update

Union Jack Oil plc, Annual General Meeting, Jun 27, 2024

Union Jack Oil plc to Report Fiscal Year 2023 Results on May 20, 2024

Union Jack Oil plc Provides Andrews 1-17 Drilling Update

New minor risk - Share price stability

Union Jack Oil plc ORD GBP 0.05 Deleted from OTC Equity

Union Jack Oil plc Announces Drilling Update - Andrews-1-17 Well Spudded

Union Jack Oil plc Announces Spudding of Andrews-1-17 Well West Bowlegs Oklahoma, USA

Union Jack Oil plc Provides West Newton Drilling Update Early Gas Development Plan

Union Jack Oil plc Provides an Update in Respect of the UK Onshore Wressle-1 Well

Union Jack Oil plc Provides an Update on Wressle-PEDl180/182

Union Jack Oil plc Provides an Update on West Newton PEDL183

Union Jack Oil plc acquired a 3.22% stake in Beacon Energy plc.

Petrichor Partners LP completed the acquisition of remaining 56% stake in Egdon Resources plc (AIM:EDR ) from group of sellers and others.

First half 2023 earnings released: EPS: UK£0.005 (vs UK£0.018 in 1H 2022)

Union Jack Oil plc Provides Wressle Update

Union Jack Oil plc (LON:UJO) May Have Run Too Fast Too Soon With Recent 26% Price Plummet

Union Jack Oil plc, Annual General Meeting, Jun 22, 2023

Petrichor Partners LP agreed to acquire remaining 56% stake in Egdon Resources plc (AIM:EDR ) from group of sellers and others for £13.7 million.

Full year 2022 earnings released: EPS: UK£0.032 (vs UK£0.008 loss in FY 2021)

Insufficient new directors

Union Jack Oil plc (AIM:UJO) commences an Equity Buyback Plan for 11,271,589 shares, representing 10% of its issued share capital, under the authorization approved on June 23, 2022.

Union Jack Oil plc Declares Maiden Special Dividend, Payable on December 16, 2022

Union Jack Oil plc Declares Maiden Special Dividend, Payable on December 16, 2022

First half 2022 earnings released: EPS: UK£0.018 (vs UK£0.008 loss in 1H 2021)

Price target decreased to UK£0.68

Union Jack Oil plc, Annual General Meeting, Jun 23, 2022

Full year 2021 earnings released: UK£0.008 loss per share (vs UK£0.022 loss in FY 2020)

Insufficient new directors

Union Jack Oil plc Provides an Update on the Gaffney Cline Report in Respect of the Wressle Hydrocarbon Development, Located Within Licences PEDL180 and PEDL182

Union Jack Oil plc Provides Oil Revenues Guidance for the Year to Date Ended 31 December 2021

Union Jack Oil plc Announces Results of Wressle Downhole Pressure Analysis

Union Jack Oil Announces Initial Results of the Modelled Flow Rate Analysis

First half 2021 earnings released: UK£0.008 loss per share (vs UK£0.011 loss in 1H 2020)

Union Jack Oil plc to Provide Positive Update on the Extended Well Test Operations at the Wressle Oilfield Development

Union Jack Oil plc Provides Update on West Newton Mobilisation and Test Activities Update PEDL183

Estimating The Fair Value Of Union Jack Oil plc (LON:UJO)

Union Jack Oil plc Announces Wressle Development Update PEDL180 and PEDL182

Full year 2020 earnings released: UK£0.022 loss per share (vs UK£0.03 loss in FY 2019)

Union Jack Oil plc (AIM:UJO) completed the acquisition of an additional 15% stake in Biscathorpe Project PEDL253 from Humber Oil & Gas Limited.

Union Jack Oil plc to Provide Positive Update on Operations at the Wressle Oilfield Development

Union Jack Oil plc Provides Drilling Update of West Newton B-1 and B-1Z Appraisal Wells

nion Jack Oil plc (AIM:UJO) signed a sale and purchase agreement to acquire an additional 15% stake in Biscathorpe Project PEDL253 from Humber Oil & Gas Limited for £1 million.