AIM:UKOG

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

UK Oil & Gas PLC operates as an oil and gas exploration and production company in the United Kingdom. More Details


Snowflake Analysis

Mediocre balance sheet and overvalued.

Share Price & News

How has UK Oil & Gas's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: UKOG is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: UKOG's weekly volatility has decreased from 17% to 7% over the past year.


Market Performance


7 Day Return

-7.4%

UKOG

3.4%

GB Oil and Gas

-0.3%

GB Market


1 Year Return

-77.3%

UKOG

-2.3%

GB Oil and Gas

2.1%

GB Market

Return vs Industry: UKOG underperformed the UK Oil and Gas industry which returned -6.7% over the past year.

Return vs Market: UKOG underperformed the UK Market which returned 0.8% over the past year.


Shareholder returns

UKOGIndustryMarket
7 Day-7.4%3.4%-0.3%
30 Day-7.4%14.2%1.7%
90 Day-16.7%15.3%3.2%
1 Year-77.3%-77.3%3.0%-2.3%8.0%2.1%
3 Year-92.4%-92.4%6.3%-8.2%9.9%-3.3%
5 Year-94.8%-94.8%55.3%23.1%43.2%15.6%

Long-Term Price Volatility Vs. Market

How volatile is UK Oil & Gas's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is UK Oil & Gas undervalued compared to its fair value and its price relative to the market?

0.19x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate UKOG's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate UKOG's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: UKOG is unprofitable, so we can't compare its PE Ratio to the GB Oil and Gas industry average.

PE vs Market: UKOG 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 UKOG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: UKOG is good value based on its PB Ratio (0.2x) compared to the GB Oil and Gas industry average (1x).


Next Steps

Future Growth

How is UK Oil & Gas forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

36.3%

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 UK Oil & Gas 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.


Next Steps

Past Performance

How has UK Oil & Gas performed over the past 5 years?

-37.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: UKOG is currently unprofitable.

Growing Profit Margin: UKOG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: UKOG is unprofitable, and losses have increased over the past 5 years at a rate of 37.1% per year.

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

Earnings vs Industry: UKOG is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-47%).


Return on Equity

High ROE: UKOG has a negative Return on Equity (-9.57%), as it is currently unprofitable.


Next Steps

Financial Health

How is UK Oil & Gas's financial position?


Financial Position Analysis

Short Term Liabilities: UKOG's short term assets (£2.3M) exceed its short term liabilities (£2.0M).

Long Term Liabilities: UKOG's short term assets (£2.3M) do not cover its long term liabilities (£5.9M).


Debt to Equity History and Analysis

Debt Level: UKOG is debt free.

Reducing Debt: UKOG has no debt compared to 5 years ago when its debt to equity ratio was 6.9%.


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 UKOG has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if UKOG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if UKOG'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 UKOG'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?

5.4yrs

Average management tenure


CEO

Stephen Sanderson (63 yo)

5.67yrs

Tenure

UK£767,000

Compensation

Mr. Stephen Sanderson serves as Chief Executive Officer since July 2015 at UK Oil & Gas PLC. Mr. Sanderson had been an Executive Chairman of UK Oil & Gas PLC since July 2015 until August 1, 2018. During a ...


CEO Compensation Analysis

Compensation vs Market: Stephen's total compensation ($USD1.07M) is above average for companies of similar size in the UK market ($USD335.61K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Stephen Sanderson
CEO & Executive Director5.67yrsUK£767.00kno data
Kiran Morzaria
Finance Director5.42yrsUK£153.00k0.035%
£ 5.7k
Kris Bone
Operations Director0.50yrno datano data

5.4yrs

Average Tenure

Experienced Management: UKOG's management team is seasoned and experienced (5.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Stephen Sanderson
CEO & Executive Director5.67yrsUK£767.00kno data
Kiran Morzaria
Finance Director5.42yrsUK£153.00k0.035%
£ 5.7k
Allen Howard
Non-Executive Chairmanno dataUK£89.00kno data
Nicholas Mardon-Taylor
Non-Executive Director2.58yrsUK£78.00kno data

5.4yrs

Average Tenure

55yo

Average Age

Experienced Board: UKOG's board of directors are considered experienced (5.4 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 73.9%.


Top Shareholders

Company Information

UK Oil & Gas PLC's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: UK Oil & Gas PLC
  • Ticker: UKOG
  • Exchange: AIM
  • Founded: 2004
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: UK£16.454m
  • Shares outstanding: 12.96b
  • Website: https://www.ukogplc.com

Number of Employees


Location

  • UK Oil & Gas PLC
  • The Broadgate Tower
  • 8th Floor
  • London
  • Greater London
  • EC2A 2EW
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
UKOGAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPMar 2005
0UKDB (Deutsche Boerse AG)YesOrdinary SharesDEEURMar 2005
UKLL.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDMar 2005

Biography

UK Oil & Gas PLC operates as an oil and gas exploration and production company in the United Kingdom. The company holds direct and indirect interests in a portfolio of eight UK onshore exploration, apprais...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/04 19:41
End of Day Share Price2021/03/04 00:00
Earnings2020/03/31
Annual Earnings2019/09/30


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.