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Wentworth Resources

AIM:WRL
Snowflake Description

Reasonable growth potential with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
WRL
AIM
NOK410M
Market Cap
  1. Home
  2. GB
  3. Energy
Company description

Wentworth Resources Limited, an independent oil and gas company, engages in the exploration, development, production, and transportation of natural gas and other hydrocarbons. The last earnings update was 78 days ago. More info.


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WRL Share Price and Events
7 Day Returns
0%
AIM:WRL
0.9%
GB Oil and Gas
2.1%
GB Market
1 Year Returns
-23%
AIM:WRL
19.6%
GB Oil and Gas
0.3%
GB Market
WRL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Wentworth Resources (WRL) 0% -6.5% -19.4% -23% -31% -50%
GB Oil and Gas 0.9% -6.1% 3.2% 19.6% 59.5% 5.5%
GB Market 2.1% -3.8% -5.3% 0.3% 35.7% 31.9%
1 Year Return vs Industry and Market
  • WRL underperformed the Oil and Gas industry which returned 19.6% over the past year.
  • WRL underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 0.3% over the past year.
Price Volatility
WRL
Industry
5yr Volatility vs Market

WRL Value

 Is Wentworth Resources 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
Here we compare the current share price of Wentworth Resources to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Wentworth Resources.

AIM:WRL Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 4 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.4%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for AIM:WRL
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.4%
Equity Risk Premium S&P Global 8.6%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.66
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.661 (1 + (1- 26.5%) (31.8%))
0.815
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.82
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.4% + (0.815 * 8.6%)
8.41%

Discounted Cash Flow Calculation for AIM:WRL using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Wentworth Resources is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

AIM:WRL DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (USD, Millions) 21.70 25.82 30.47 35.65 41.36
Source Analyst x2 Est @ 19%, capped from 54.74% Est @ 18%, capped from 54.74% Est @ 17%, capped from 54.74% Est @ 16%, capped from 54.74%
Present Value
Discounted (@ 8.41%)
20.02 21.97 23.92 25.81 27.62
Present value of next 5 years cash flows $119.34
AIM:WRL DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= $41.36 × (1 + 1.4%) ÷ (8.41% – 1.4%)
$598.05
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= $598.05 ÷ (1 + 8.41%)5
$399.41
AIM:WRL Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= $119.34 + $399.41
$518.75
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $518.75 / 186.49
$2.78
AIM:WRL Discount to Share Price
Calculation Result
Exchange Rate USD/NOK
(Reporting currency to currency of OB:WEN)
8.36
Value per Share
(NOK)
= Value per Share in USD x Exchange Rate (USD/NOK)
= $2.78 x 8.36
NOK23.25
Non-primary Listing Adjustment Factor 1 share in AIM:WRL represents 0.09886x of OB:WEN
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.09886x
Value per Share
(Listing Adjusted, GBP)
= Value per Share (NOK) x Listing Adjustment Factor
= NOK 23.25 x 0.09886
£2.30
Value per share (GBP) From above. £2.30
Current discount Discount to share price of £0.22
= -1 x (£0.22 - £2.30) / £2.30
90.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Wentworth Resources is available for.
Intrinsic value
>50%
Share price is £0.22 vs Future cash flow value of £2.3
Current Discount Checks
For Wentworth Resources to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Wentworth Resources's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Wentworth Resources's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 Wentworth Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Wentworth Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:WRL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in USD $-0.03
OB:WEN Share Price ** OB (2018-10-29) in NOK NOK2.2
OB:WEN Share Price converted to USD reporting currency Exchange rate (NOK/ USD) 0.12 $0.26
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry PE Ratio Median Figure of 29 Publicly-Listed Oil and Gas Companies 13.96x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 814 Publicly-Listed Companies 16.08x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Wentworth Resources.

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

= OB:WEN Share Price ÷ EPS (both in USD)

= 0.26 ÷ -0.03

-8.79x

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

  • Wentworth Resources is loss making, we can't compare its value to the GB Oil and Gas industry average.
  • Wentworth Resources 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 Wentworth Resources's expected growth come at a high price?
Raw Data
AIM:WRL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -8.79x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
139.5%per year
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry PEG Ratio Median Figure of 18 Publicly-Listed Oil and Gas Companies 0.74x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 578 Publicly-Listed Companies 1.37x

*Line of best fit is calculated by linear regression .

AIM:WRL PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= -8.79x ÷ 139.5%

-0.06x

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

  • Wentworth Resources is loss making, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Wentworth Resources's assets?
Raw Data
AIM:WRL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in USD $0.93
OB:WEN Share Price * OB (2018-10-29) in NOK NOK2.2
OB:WEN Share Price converted to USD reporting currency Exchange rate (NOK/ USD) 0.12 $0.26
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry PB Ratio Median Figure of 100 Publicly-Listed Oil and Gas Companies 0.84x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,340 Publicly-Listed Companies 1.58x
AIM:WRL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OB:WEN Share Price ÷ Book Value per Share (both in USD)

= 0.26 ÷ 0.93

0.28x

* Primary Listing of Wentworth Resources.

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

  • Wentworth Resources is good value based on assets compared to the GB Oil and Gas industry average.
X
Value checks
We assess Wentworth Resources'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. Wentworth Resources has a total score of 3/6, 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.

WRL Future Performance

 How is Wentworth Resources expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

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
139.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Wentworth Resources expected to grow at an attractive rate?
  • Wentworth Resources's earnings growth is expected to exceed the low risk savings rate of 1.4%.
Growth vs Market Checks
  • Wentworth Resources's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
  • Wentworth Resources's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
AIM:WRL Future Growth Rates Data Sources
Data Point Source Value (per year)
AIM:WRL Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 139.5%
AIM:WRL Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts 18.8%
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 10%
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 3.2%
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 4.2%

*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:WRL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:WRL Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 30 21 2
2019-12-31 29 21 10 4
2018-12-31 22 11 5 4
AIM:WRL Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-06-30 19 2 -6
2018-03-31 16 2 -4
2017-12-31 13 -0 -1
2017-09-30 12 -1 -1
2017-06-30 10 -1 -6
2017-03-31 11 -1 -5
2016-12-31 12 0 -5
2016-09-30 12 1 28
2016-06-30 11 -2 30
2016-03-31 8 -3 29
2015-12-31 5 -5 27
2015-09-30 2 -8 13

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Wentworth Resources's earnings are expected to grow significantly at over 20% yearly.
  • Wentworth Resources's revenue is expected to grow by 18.8% yearly, however this is not considered high growth (20% yearly).
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:WRL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from Wentworth Resources Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:WRL Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 0.04 0.04 0.04 1.00
2019-12-31 0.05 0.05 0.04 2.00
2018-12-31 0.04 0.04 0.04 1.00
AIM:WRL Past Financials Data
Date (Data in USD Millions) EPS *
2018-06-30 -0.03
2018-03-31 -0.02
2017-12-31 -0.00
2017-09-30 -0.01
2017-06-30 -0.03
2017-03-31 -0.03
2016-12-31 -0.03
2016-09-30 0.17
2016-06-30 0.18
2016-03-31 0.17
2015-12-31 0.17
2015-09-30 0.08

*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 Wentworth Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Wentworth Resources'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.
Wentworth Resources has a total score of 4/6, 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.

WRL Past Performance

  How has Wentworth Resources 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 Wentworth Resources'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.
  • Wentworth Resources does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Wentworth Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Wentworth Resources's 1-year growth to the GB Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Wentworth Resources'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 Wentworth Resources Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:WRL Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 19.14 -5.58 4.73
2018-03-31 15.89 -3.56 4.73
2017-12-31 13.44 -0.71 4.64
2017-09-30 11.93 -1.37 4.68
2017-06-30 10.21 -5.67 4.72
2017-03-31 11.49 -4.60 5.29
2016-12-31 11.75 -5.09 5.99
2016-09-30 12.12 28.14 6.81
2016-06-30 10.71 30.48 7.26
2016-03-31 7.57 28.85 7.07
2015-12-31 4.64 27.03 7.13
2015-09-30 1.84 13.02 6.99
2015-06-30 1.14 12.95 7.45
2015-03-31 1.10 13.41 7.76
2014-12-31 1.06 15.28 7.92
2014-09-30 1.02 -8.14 8.10
2014-06-30 0.99 -10.24 7.98
2014-03-31 0.98 -9.69 8.16
2013-12-31 0.96 -9.99 8.29
2013-09-30 0.94 -8.97 8.22
2013-06-30 0.92 24.15 7.70
2013-03-31 0.87 29.56 7.98
2012-12-31 0.82 21.78 8.51
2012-09-30 0.76 23.41 9.10
2012-06-30 0.71 -4.66 10.38
2012-03-31 0.70 -8.50 10.01
2011-12-31 0.74 -3.42 10.03

*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 Wentworth Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Wentworth Resources has efficiently used its assets last year compared to the GB Oil and Gas industry average (Return on Assets) as it is loss-making.
  • Wentworth Resources has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Wentworth Resources'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.
Wentworth Resources has a total score of 1/6, 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.

WRL Health

 How is Wentworth Resources'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 Wentworth Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Wentworth Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Wentworth Resources's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Wentworth Resources'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.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.1x debt.
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 Wentworth Resources Company Filings, last reported 4 months ago.

AIM:WRL Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 173.10 15.61 4.04
2018-03-31 173.10 15.61 4.04
2017-12-31 180.35 17.65 3.75
2017-09-30 180.07 17.79 3.36
2017-06-30 179.33 19.01 3.83
2017-03-31 175.61 20.45 0.46
2016-12-31 175.91 20.51 0.98
2016-09-30 176.21 21.50 3.73
2016-06-30 179.70 24.82 6.29
2016-03-31 179.73 25.80 4.05
2015-12-31 180.41 25.78 2.75
2015-09-30 147.43 25.77 2.28
2015-06-30 141.27 20.60 2.22
2015-03-31 142.93 16.22 4.43
2014-12-31 145.34 5.72 5.49
2014-09-30 126.24 4.15 14.29
2014-06-30 127.25 4.03 20.83
2014-03-31 128.13 3.92 30.53
2013-12-31 128.83 3.82 37.68
2013-09-30 89.55 7.72 1.86
2013-06-30 92.86 7.10 4.51
2013-03-31 93.56 5.79 3.32
2012-12-31 94.58 6.17 9.35
2012-09-30 97.92 6.52 16.59
2012-06-30 66.72 7.17 8.83
2012-03-31 63.60 7.05 15.12
2011-12-31 69.17 7.48 9.07
  • Wentworth Resources's level of debt (9%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (7.7% vs 9% today).
  • Debt is not well covered by operating cash flow (10.2%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 4x coverage).
X
Financial health checks
We assess Wentworth Resources'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. Wentworth Resources has a total score of 4/6, 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.

WRL Dividends

 What is Wentworth Resources'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 Wentworth Resources dividends. Estimated to be 0% next year.
If you bought £2,000 of Wentworth Resources 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 Wentworth Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Wentworth Resources'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:WRL 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 4 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 13 Stocks 4.8%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 701 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:WRL 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 3.00
2018-12-31 0.00 3.00

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

  • Unable to perform a dividend volatility check as Wentworth Resources has not reported any payouts.
  • Unable to verify if Wentworth Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Wentworth Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Wentworth Resources has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Wentworth Resources'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 Wentworth Resources'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 Wentworth Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Wentworth Resources 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.

WRL Management

 What is the CEO of Wentworth Resources'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
Eskil Jersing
AGE 54
TENURE AS CEO 0.4 years
CEO Bio

Mr. Eskil Jersing has been Chief Executive Officer and Director at Wentworth Resources Limited since June 25, 2018 and June 27, 2018 respectively. He served as the Chief Executive Officer of Sterling Energy plc since March 23, 2015 until December 21, 2017 and served as its Interim Chairman from October 13, 2016 to January 20, 2017. He was joined Sterling Energy in March 2015. Mr. Jersing served as Head of New Ventures and Co-Head of Mergers & Acquisitions at Petrobras Oil & Gas BV (Rotterdam). He started his career in the oil and gas industry in 1985 as a Field Seismologist with SSL in Papua New Guinea. From 1993 to 2009 he worked for Enterprise Oil (London, Aberdeen, Houston and Brazil), and following the takeover, Shell International (Houston); initially as a Senior Geophysicist, moving on to be the Gulf of Mexico Exploration Strategy and Planning Manager and finally as the Gulf of Mexico Paleogene Exploration Manager. In 2009, Eskil joined Marathon Oil (Houston) as their Exploration Manager (Conventional New Ventures) Worldwide and subsequently Apache Corporation (Perth) as Director Worldwide Exploration and New Ventures Asia Pacific. He served as a Director of Sterling Energy plc from March 23, 2015 to 2018. He serves as a Director of Eskoil Ltd. He holds a BSc in Geophysics from University College Cardiff and an MSc in Petroleum Geology from Imperial College London.

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

Average tenure and age of the Wentworth Resources management team in years:

0.5
Average Tenure
53.5
Average Age
  • The average tenure for the Wentworth Resources management team is less than 2 years, this suggests a new team.
Management Team

Bob McBean

TITLE
Executive Chairman
COMPENSATION
$280K
AGE
74

Eskil Jersing

TITLE
CEO & Director
AGE
54
TENURE
0.4 yrs

Roe Ward

TITLE
Chief Financial Officer
AGE
40
TENURE
0.6 yrs

Heather Jones

TITLE
Manager of Treasury

Richard Tainton

TITLE
Country Manager of Tanzania & Mozambique
TENURE
5.6 yrs

Cameron Snow

TITLE
Head of Subsurface & Business Development
TENURE
0.2 yrs

Roger Rwiguza

TITLE
Finance Controller

Jan Stiff

TITLE
Investor Relations Adviser - Norway
AGE
53

Fredrik Eeg

TITLE
Investor Relations Adviser - Norway

David Simonson

TITLE
Investor Relations Adviser - UK
Board of Directors Tenure

Average tenure and age of the Wentworth Resources board of directors in years:

8.3
Average Tenure
67
Average Age
  • The tenure for the Wentworth Resources board of directors is about average.
Board of Directors

Bob McBean

TITLE
Executive Chairman
COMPENSATION
$280K
AGE
74
TENURE
8.3 yrs

Eskil Jersing

TITLE
CEO & Director
AGE
54
TENURE
0.4 yrs

John William Bentley

TITLE
Deputy Chairman
COMPENSATION
$80K
AGE
70
TENURE
8.3 yrs

Cam Barton

TITLE
Non-Executive Director
COMPENSATION
$60K
TENURE
9.8 yrs

Neil Kelly

TITLE
Non-Executive Director
COMPENSATION
$60K
TENURE
8.3 yrs

Tim Bushell

TITLE
Independent Non-Executive Director
AGE
58
TENURE
0.3 yrs

Iain McLaren

TITLE
Independent Non-Executive Director
AGE
67
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Wentworth Resources insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Start End Shares Max Price (NOK) Value (NOK)
16. Oct 18 Buy Robert McBean Individual 12. Oct 18 16. Oct 18 389,430 NOK0.22 NOK79,284.16
08. Oct 18 Buy Iain McLaren Individual 04. Oct 18 05. Oct 18 100,000 NOK0.14 NOK13,736.05
18. Oct 18 Buy Robert McBean Individual 17. Oct 18 17. Oct 18 110,570 NOK0.22 NOK24,270.44
08. Oct 18 Buy Iain McLaren Individual 05. Oct 18 05. Oct 18 100,000 NOK0.14 NOK13,716.77
X
Management checks
We assess Wentworth Resources'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. Wentworth Resources 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.

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WRL Company Info

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Description

Wentworth Resources Limited, an independent oil and gas company, engages in the exploration, development, production, and transportation of natural gas and other hydrocarbons. Its principal assets include the Rovuma onshore block covering an area of approximately 2,500 square kilometers located in northern Mozambique; and the Mnazi Bay concession covering an area of approximately 756 square kilometers situated in south-eastern Tanzania. The company was formerly known as Artumas Group Inc. and changed its name to Wentworth Resources Limited in September 2010. Wentworth Resources Limited is based in Calgary, Canada.

Details
Name: Wentworth Resources plc
WRL
Exchange: AIM
Founded:
NOK37,821,566
186,488,465
Website: http://www.wentworthresources.com
Address: Wentworth Resources plc
715 – 5th Avenue SW,
Suite 3210,
Calgary,
Alberta, T2P 2X6,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OB WEN Common Shares Oslo Bors NO NOK 08. Jul 2005
OTCPK WENT.F Common Shares Pink Sheets LLC US USD 08. Jul 2005
BST WCG Common Shares Boerse-Stuttgart DE EUR 08. Jul 2005
AIM WRL Common Shares London Stock Exchange AIM Market GB GBP 08. Jul 2005
LSE WEN Common Shares London Stock Exchange GB CAD 08. Jul 2005
BATS-CHIXE WRLO Common Shares BATS 'Chi-X Europe' GB NOK 08. Jul 2005
Number of employees
Current staff
Staff numbers
0
Wentworth Resources employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2018/11/02 18:32
End of day share price update: 2018/10/29 00:00
Last estimates confirmation: 2018/10/31
Last earnings filing: 2018/08/16
Last earnings reported: 2018/06/30
Last annual earnings reported: 2017/12/31


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.