Volga Gas plc, through its subsidiaries, explores for, develops, and produces oil, gas, condensate, and liquid petroleum gas in the Volgograd and Saratov regions of Russia.
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Flawless balance sheet and good value.
Share Price & News
How has Volga Gas's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VGAS'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: VGAS underperformed the UK Oil and Gas industry which returned -11.2% over the past year.
Return vs Market: VGAS underperformed the UK Market which returned 1.4% over the past year.
Price Volatility Vs. Market
How volatile is Volga Gas's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StIs Volga Gas plc's (LON:VGAS) CEO Pay Justified?
1 month ago | Simply Wall StWe Think Volga Gas's (LON:VGAS) Statutory Profit Might Understate Its Earnings Potential
2 months ago | Simply Wall StSuch Is Life: How Volga Gas (LON:VGAS) Shareholders Saw Their Shares Drop 65%
Is Volga Gas undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: VGAS (£0.29) is trading below our estimate of fair value (£1.08)
Significantly Below Fair Value: VGAS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: VGAS is poor value based on its PE Ratio (11.5x) compared to the Oil and Gas industry average (6.1x).
PE vs Market: VGAS is good value based on its PE Ratio (11.5x) compared to the UK market (17.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate VGAS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: VGAS is good value based on its PB Ratio (0.5x) compared to the GB Oil and Gas industry average (0.6x).
How is Volga Gas 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 Volga 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.
- Examine whether Volga Gas is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Volga Gas competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
How has Volga Gas performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VGAS has a large one-off loss of $1.7M impacting its June 30 2019 financial results.
Growing Profit Margin: VGAS's current net profit margins (6.9%) are higher than last year (1.9%).
Past Earnings Growth Analysis
Earnings Trend: VGAS's earnings have declined by -24.4% per year over the past 5 years.
Accelerating Growth: VGAS's earnings growth over the past year (454.1%) exceeds its 5-year average (-24.4% per year).
Earnings vs Industry: VGAS earnings growth over the past year (454.1%) exceeded the Oil and Gas industry 26.8%.
Return on Equity
High ROE: VGAS's Return on Equity (4.7%) is considered low.
Return on Assets
Return on Capital Employed
How is Volga Gas's financial position?
Financial Position Analysis
Short Term Liabilities: VGAS's short term assets ($15.5M) exceed its short term liabilities ($5.8M).
Long Term Liabilities: VGAS's short term assets ($15.5M) exceed its long term liabilities ($1.0M).
Debt to Equity History and Analysis
Debt Level: VGAS is debt free.
Reducing Debt: VGAS had no debt 5 years ago.
Debt Coverage: VGAS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: VGAS has no debt, therefore coverage of interest payments is not a concern.
Inventory Level: VGAS has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if VGAS's debt is covered by short term assets.
What is Volga Gas's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: VGAS's dividend (35.29%) is higher than the bottom 25% of dividend payers in the UK market (1.9%).
High Dividend: VGAS's dividend (35.29%) is in the top 25% of dividend payers in the UK market (5.34%)
Stability and Growth of Payments
Stable Dividend: VGAS has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: VGAS's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (203.7%), VGAS's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Andrey Zozulya (47yo)
Mr. Andrey Zozulya has been the Chief Executive Officer of Volga Gas plc since June 6, 2015 and has also been Director since May 5, 2015. Mr. Zozulya has over 20 years' experience in the oil sector in Russ ...
CEO Compensation Analysis
Compensation vs Market: Andrey's total compensation ($USD356.00K) is about average for companies of similar size in the UK market ($USD325.25K).
Compensation vs Earnings: Andrey's compensation has been consistent with company performance over the past year.
|CEO & Executive Director||4.8yrs||US$356.00k||0.65% $148.7k|
|Chief Financial Officer||3.8yrs||no data||no data|
|Chief Technical Officer||1.3yrs||no data||no data|
|Chief Officer GNS & PGK||1.3yrs||no data||no data|
|Chief Ecologist||3.6yrs||no data||no data|
Experienced Management: VGAS's management team is considered experienced (3.6 years average tenure).
|CEO & Executive Director||4.8yrs||US$356.00k||0.65% $148.7k|
|Non-Executive Director||13.4yrs||no data||no data|
|Non Executive Director||13.4yrs||no data||no data|
|Non-Executive Director||12.9yrs||US$50.00k||0.25% $58.4k|
|Non-Executive Director||13.4yrs||no data||0.33% $76.7k|
|Non-Executive Chairman||4.7yrs||US$120.00k||1.24% $285.0k|
Experienced Board: VGAS's board of directors are seasoned and experienced ( 13.2 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Volga Gas plc's company bio, employee growth, exchange listings and data sources
- Name: Volga Gas plc
- Ticker: VGAS
- Exchange: AIM
- Founded: 2006
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: UK£23.033m
- Shares outstanding: 80.82m
- Website: https://www.volgagas.com
Number of Employees
- Volga Gas plc
- 65 Gresham Street
- 6th Floor
- Greater London
- EC2V 7NQ
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|VGAS||AIM (London Stock Exchange AIM Market)||Yes||Ordinary Shares||GB||GBP||Apr 2007|
|KWW||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Apr 2007|
Volga Gas plc, through its subsidiaries, explores for, develops, and produces oil, gas, condensate, and liquid petroleum gas in the Volgograd and Saratov regions of Russia. It holds interests in the Karpenskiy license covering an area of 4,180 square kilometers located in the Saratov region; Vostochny Makarovskoye (VM) license that covers an area of 17.8 square kilometers in the Volgograd region; Dobrinskoye license located near to its VM license; and Urozhainoye-2 license totaling an area of 354 square kilometers located to the north of its Karpenskiy license area, as well as Muradymosky. The company has proved plus probable reserves of 10.472 million barrels of oil and condensate; and 154 billion cubic feet of natural gas, as well as 198 tons of LPG. Volga Gas plc was incorporated in 2006 and is based in London, the United Kingdom.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/26 21:24|
|End of Day Share Price||2020/02/26 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.