Energean (ENOG) Stock Overview
Engages in the exploration, production, and development of oil and gas. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 3/6 |
ENOG Community Fair Values
Create NarrativeSee what 37 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Energean plc Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | UK£8.65 |
| 52 Week High | UK£10.42 |
| 52 Week Low | UK£6.75 |
| Beta | 0.23 |
| 1 Month Change | 16.34% |
| 3 Month Change | 15.10% |
| 1 Year Change | -3.30% |
| 3 Year Change | -25.50% |
| 5 Year Change | 9.70% |
| Change since IPO | 97.94% |
Recent News & Updates
Narrative Update • Sep 07
ENOG: Egypt Asset Talks And Liquids Capacity Gains Will Shape Balanced Outlook
Energean's analyst price target has increased to £7.61 from £6.80, with analysts attributing the change to updated views on discount rates, profit margins and future P/E assumptions following recent sector coverage. What's in the News for Energean BP and Energean are in exclusive discussions for Energean to acquire certain BP oil and gas assets in Egypt, including stakes in West Nile Delta assets co owned with Harbour Energy and a 50% contractor working interest in the Temsah concession co owned with Eni, according to Reuters, as cited by MT Newswires.
Narrative Update • Jul 16
ENOG: Higher Fair Value Will Offset Angola Uncertainty Going Forward
Energean's analyst price target has moved from £11.00 to £12.36, with analysts citing updated fair value estimates, revised discount rates, adjusted revenue growth expectations, higher profit margin assumptions and a lower future P/E multiple as key drivers behind the change. What’s in the News for Energean Energean provided an update on its proposed acquisition from Chevron of a 31% operated interest in Block 14 and a 15.5% non operated interest in Block 14K offshore Angola, after joint venture partner Etu Energias moved to exercise pre emption rights on the transaction.Recent updates
Narrative Update • Sep 07
ENOG: Egypt Asset Talks And Liquids Capacity Gains Will Shape Balanced Outlook
Energean's analyst price target has increased to £7.61 from £6.80, with analysts attributing the change to updated views on discount rates, profit margins and future P/E assumptions following recent sector coverage. What's in the News for Energean BP and Energean are in exclusive discussions for Energean to acquire certain BP oil and gas assets in Egypt, including stakes in West Nile Delta assets co owned with Harbour Energy and a 50% contractor working interest in the Temsah concession co owned with Eni, according to Reuters, as cited by MT Newswires.Narrative Update • Jul 16
ENOG: Higher Fair Value Will Offset Angola Uncertainty Going Forward
Energean's analyst price target has moved from £11.00 to £12.36, with analysts citing updated fair value estimates, revised discount rates, adjusted revenue growth expectations, higher profit margin assumptions and a lower future P/E multiple as key drivers behind the change. What’s in the News for Energean Energean provided an update on its proposed acquisition from Chevron of a 31% operated interest in Block 14 and a 15.5% non operated interest in Block 14K offshore Angola, after joint venture partner Etu Energias moved to exercise pre emption rights on the transaction.Narrative Update • Jul 02
ENOG: Angola Deal Uncertainty And Production Reset Will Shape Balanced Outlook
Analysts have reduced their fair value estimate for Energean from £7.80 to £6.80, pointing to updated assumptions for revenue growth, profit margins, discount rate and future P/E as the main drivers of the lower price target. What’s in the News for Energean Energean provided an update on its proposed acquisition from Chevron of a 31% operated interest in Block 14 and a 15.5% non operated interest in Block 14K, offshore Angola, after Chevron received notice that joint venture partner Etu Energias intends to exercise pre emption rights on the same or equivalent terms as the Energean sale and purchase agreement.
Narrative Update • Jun 18
ENOG: Angola Blocks And Production Restart Will Support A Stronger 2026 Outlook
Analysts have reduced their price target on Energean by £0.15, citing updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E as the key drivers of the revision. What’s in the News for Energean Energean updated investors on its proposed acquisition from Chevron of a 31% operated interest in Block 14 and a 15.5% non operated interest in Block 14K offshore Angola, after Chevron received notice that joint venture partner Etu Energias is seeking to exercise pre emption rights on the transaction.Narrative Update • Jun 02
ENOG: Angola Acquisition And Restart Progress Will Support A Stronger 2026 Outlook
Energean's updated analyst price target, reflected in a fair value estimate of £9.19 compared with the prior £9.05, aligns with recent Street research in which analysts have trimmed assumptions such as P/E multiples, including a 15 GBp target cut cited in Berenberg commentary. What's in the News Energean revised its production guidance for fiscal 2026 to a range of 130 kboed to 140 kboed, compared with prior guidance of 140 kboed to 150 kboed.Narrative Update • May 18
ENOG: Angola Deal And Restart Progress Will Guide A Balanced 2026 Outlook
Analysts have trimmed their price targets on Energean, with the consensus edging lower by £0.25 per share. This reflects updated assumptions around discount rates and revenue growth while acknowledging slightly stronger profit margin and P/E inputs.Narrative Update • Apr 27
ENOG: Angola Deal And FPSO Restart Will Shape A Measured 2026 Outlook
Energean's updated analyst price target has shifted slightly to reflect a recalibrated fair value and P/E outlook, with recent target cuts from £0.15 and £0.75 by Berenberg and a downgrade at Jefferies contributing to a more cautious, yet still valuation focused, narrative from analysts. Analyst Commentary Recent research updates on Energean have centred on recalibrated price targets in £0.15 and £0.75 increments and a downgrade that signals a more cautious stance on execution and valuation risk.Narrative Update • Apr 13
ENOG: Angola Acquisition And FPSO Restart Will Frame A Cautious 2026 Outlook
Energean's analyst price target has edged lower to about £9.24 from roughly £9.30, as analysts factor in recent target cuts from Berenberg and a downgrade from Jefferies, while keeping their revenue growth, profit margin and future P/E assumptions broadly in line. Analyst Commentary Recent research has focused less on changing core assumptions and more on adjusting price targets and ratings to reflect updated views on risk and execution.Narrative Update • Mar 28
ENOG: Angola Deal And Production Suspension Will Shape A More Balanced 2026
Analysts have reduced their price targets on Energean by £0.02 to £9.30, citing lower assumptions for revenue growth and profit margins, as well as a higher discount rate and a higher future P/E multiple, in response to recent research updates from Jefferies and Berenberg. Analyst Commentary Bullish Takeaways Bullish analysts still see room for upside if Energean can deliver on revenue growth targets, arguing that the current price target of £9.30 already reflects tougher assumptions on margins and discount rates.Narrative Update • Mar 12
ENOG: Downgraded Outlook And Production Halt Will Shape A More Balanced 2026
Energean's analyst price target has been revised lower to £9.32, with analysts citing recent downgrades and reduced price targets as they reassess the stock's risk profile and earnings visibility. Analyst Commentary Bullish Takeaways Bullish analysts see the revised £9.32 price target as still offering potential upside versus recent trading levels, assuming the company can improve earnings visibility and deliver on its project pipeline.Narrative Update • Feb 26
ENOG: Trimmed Outlook And Production Guidance Will Shape A More Balanced 2026 Narrative
Energean's analyst price targets have been trimmed slightly, with the average fair value moving from about £9.40 to roughly £9.32 as analysts factor in a marginally higher discount rate and slightly lower future P/E assumptions following recent rating and target cuts. Analyst Commentary Recent research has focused on fine tuning expectations rather than making wholesale changes, with both ratings and price targets adjusted to reflect updated views on Energean's risk and valuation profile.New Narrative • Feb 14
Long Duration Israeli Gas Contracts Will Underpin Attractive Long Term Upside Potential
Catalysts About Energean Energean is an oil and gas producer focused on gas led projects in the East Mediterranean and Europe. What are the underlying business or industry changes driving this perspective?Narrative Update • Feb 12
ENOG: Reaffirmed Production Guidance Will Offset Recent Rating And Price Cuts
Analysts have trimmed their fair value estimate for Energean to £9.40 from £9.82, reflecting slightly more cautious revenue expectations but a somewhat stronger profit margin outlook after recent price target cuts at Jefferies and Berenberg. Analyst Commentary Recent Street research around Energean has become more cautious, with price targets trimmed and at least one rating downgrade.New Narrative • Jan 28
Long Contracted Gas And Carbon Storage Will Support Steadier Eastern Mediterranean Cash Flows
Catalysts About Energean Energean is an oil and gas producer focused on gas weighted assets in the Eastern Mediterranean and wider Europe. What are the underlying business or industry changes driving this perspective?Narrative Update • Jan 28
ENOG: Higher Future P/E Assumptions Will Support Reaffirmed Production Guidance
Analysts have nudged their price target on Energean slightly higher to reflect updated assumptions around discount rates, profit margins and future P/E levels, while keeping the overall valuation view broadly consistent with prior estimates. What's in the News Energean reported average production of 151 kboed for the nine months to 30 September 2025, with 85% of volumes from gas, compared with 156 kboed and 83% gas for the same period in 2024.Narrative Update • Dec 02
ENOG: Output Recovery And Margin Improvement Will Offset Production Disruptions
Analysts have slightly reduced their price target for Energean from $9.85 to $9.81. This adjustment reflects expectations for higher revenue growth and improved profit margins, partially offset by a modestly higher discount rate and lower future price-to-earnings estimates.Narrative Update • Nov 06
ENOG: Production Setbacks And Forecast Revision Will Shape Near-Term Outlook
Analysts have lowered their price target for Energean from $10.26 to $9.85. This change reflects updated forecasts for profit margins and valuation metrics.Analysis Article • Oct 11
It's A Story Of Risk Vs Reward With Energean plc (LON:ENOG)
With a median price-to-earnings (or "P/E") ratio of close to 17x in the United Kingdom, you could be forgiven for...Narrative Update • Sep 25
Mediterranean Expansion And West Africa Initiatives Will Open New Markets
Despite a significant improvement in Energean's net profit margin and a substantially lower future P/E ratio, the consensus analyst price target has declined from £10.87 to £10.26, indicating revised growth or risk expectations. What's in the News Energean reported group production of 138 Kboed for the first half of 2025, down from 146 Kboed year-on-year; August production rose to 178 Kboed.Analysis Article • Apr 19
Investors Interested In Energean plc's (LON:ENOG) Earnings
With a price-to-earnings (or "P/E") ratio of 17.8x Energean plc ( LON:ENOG ) may be sending bearish signals at the...
New Narrative • Feb 10
Developing Katlan Project Will Ensure Long-Term Production Stability
Strategic focus on Israeli operations and new contracts enhances production stability and revenue growth, with export opportunities boosting potential earnings.Analysis Article • Jan 01
Calculating The Intrinsic Value Of Energean plc (LON:ENOG)
Key Insights Energean's estimated fair value is UK£11.58 based on 2 Stage Free Cash Flow to Equity Energean's UK£10.43...Analysis Article • Nov 16
Energean plc (LON:ENOG) Could Be Riskier Than It Looks
It's not a stretch to say that Energean plc's ( LON:ENOG ) price-to-sales (or "P/S") ratio of 1.4x right now seems...Analysis Article • Sep 16
Analysts Are More Bearish On Energean plc (LON:ENOG) Than They Used To Be
The latest analyst coverage could presage a bad day for Energean plc ( LON:ENOG ), with the analysts making...Analysis Article • Jun 17
We Think Energean (LON:ENOG) Is Taking Some Risk With Its Debt
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Analysis Article • May 23
Energean plc's (LON:ENOG) Popularity With Investors Is Clear
When you see that almost half of the companies in the Oil and Gas industry in the United Kingdom have price-to-sales...Analysis Article • Mar 26
Energean plc (LON:ENOG) Analysts Just Slashed This Year's Estimates
The latest analyst coverage could presage a bad day for Energean plc ( LON:ENOG ), with the analysts making...Analysis Article • Mar 24
Energean plc Just Missed Earnings - But Analysts Have Updated Their Models
It's shaping up to be a tough period for Energean plc ( LON:ENOG ), which a week ago released some disappointing annual...Analysis Article • Feb 28
Energean plc's (LON:ENOG) Intrinsic Value Is Potentially 83% Above Its Share Price
Key Insights Energean's estimated fair value is UK£18.10 based on 2 Stage Free Cash Flow to Equity Current share price...Shareholder Returns
| ENOG | GB Oil and Gas | GB Market | |
|---|---|---|---|
| 7D | 11.5% | 2.0% | -0.7% |
| 1Y | -3.3% | 33.5% | 16.1% |
Return vs Industry: ENOG underperformed the UK Oil and Gas industry which returned 32.5% over the past year.
Return vs Market: ENOG underperformed the UK Market which returned 17.3% over the past year.
Price Volatility
| ENOG volatility | |
|---|---|
| ENOG Average Weekly Movement | 5.5% |
| Oil and Gas Industry Average Movement | 7.0% |
| Market Average Movement | 4.8% |
| 10% most volatile stocks in GB Market | 10.3% |
| 10% least volatile stocks in GB Market | 2.6% |
Stable Share Price: ENOG has not had significant price volatility in the past 3 months compared to the UK market.
Volatility Over Time: ENOG's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2007 | 583 | Mathios Rigas | www.energean.com |
Energean plc engages in the exploration, production, and development of oil and gas. The company operates through Europe, Israel, and New Ventures segments. Its flagship project is the 100% owned Karish and Karish North projects located in Israel.
Energean plc Fundamentals Summary
| ENOG fundamental statistics | |
|---|---|
| Market cap | UK£1.60b |
| Earnings (TTM) | -UK£153.87m |
| Revenue (TTM) | UK£1.23b |
1.3x
P/S Ratio-10.4x
P/E RatioIs ENOG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ENOG income statement (TTM) | |
|---|---|
| Revenue | US$1.67b |
| Cost of Revenue | US$1.10b |
| Gross Profit | US$563.01m |
| Other Expenses | US$771.44m |
| Earnings | -US$208.43m |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | -1.13 |
| Gross Margin | 33.77% |
| Net Profit Margin | -12.50% |
| Debt/Equity Ratio | 1,557.5% |
How did ENOG perform over the long term?
See historical performance and comparisonDividends
10.2%
Current Dividend Yield-106%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/09 06:28 |
| End of Day Share Price | 2026/09/09 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
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 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 Github.
Analyst Sources
Energean plc is covered by 13 analysts. 5 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 |
|---|---|
| Henry Tarr | Berenberg |
| James Carmichael | Berenberg |
| Matthew Smith | BofA Global Research |