Loading...

Genel Energy

LSE:GENL
Snowflake Description

Excellent balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
GENL
LSE
£495M
Market Cap
  1. Home
  2. GB
  3. Energy
Company description

Genel Energy plc, through its subsidiaries, engages in the oil and gas exploration and production activities. The last earnings update was 76 days ago. More info.


Add to Portfolio Compare Print
  • Genel Energy has significant price volatility in the past 3 months.
GENL Share Price and Events
7 Day Returns
4.1%
LSE:GENL
3.1%
GB Oil and Gas
0.3%
GB Market
1 Year Returns
-29.5%
LSE:GENL
5.5%
GB Oil and Gas
-3.8%
GB Market
GENL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Genel Energy (GENL) 4.1% -6.5% -14.5% -29.5% 48.1% -82.6%
GB Oil and Gas 3.1% 1.5% 4.5% 5.5% 42.9% -12.8%
GB Market 0.3% 1.2% 2.8% -3.8% 18.5% 4.5%
1 Year Return vs Industry and Market
  • GENL underperformed the Oil and Gas industry which returned 5.5% over the past year.
  • GENL underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -3.8% over the past year.
Price Volatility
GENL
Industry
5yr Volatility vs Market

Value

 Is Genel Energy 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 Genel Energy 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 Genel Energy.

LSE:GENL Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 6 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.1%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.2%

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 LSE:GENL
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 6.7%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.92
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.919 (1 + (1- 19%) (47.14%))
1.181
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.18
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (1.181 * 6.65%)
9.08%

Discounted Cash Flow Calculation for LSE:GENL using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Genel Energy is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

LSE:GENL DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 9.08%)
2019 128.73 Analyst x3 118.02
2020 173.37 Analyst x3 145.71
2021 225.30 Analyst x2 173.60
2022 192.30 Analyst x2 135.84
2023 156.00 Analyst x1 101.02
2024 151.59 Est @ -2.82% 90.00
2025 149.16 Est @ -1.61% 81.18
2026 148.03 Est @ -0.76% 73.86
2027 147.78 Est @ -0.16% 67.60
2028 148.16 Est @ 0.25% 62.14
Present value of next 10 years cash flows $1,048.97
LSE:GENL DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $148.16 × (1 + 1.23%) ÷ (9.08% – 1.23%)
$1,910.17
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $1,910.17 ÷ (1 + 9.08%)10
$801.08
LSE:GENL Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $1,048.97 + $801.08
$1,850.06
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $1,850.06 / 279.94
$6.61
LSE:GENL Discount to Share Price
Calculation Result
Exchange Rate USD/GBP
(Reporting currency to currency of LSE:GENL)
0.786
Value per Share
(GBP)
= Value per Share in USD x Exchange Rate (USD/GBP)
= $6.61 x 0.786
£5.19
Value per share (GBP) From above. £5.19
Current discount Discount to share price of £1.77
= -1 x (£1.77 - £5.19) / £5.19
65.9%

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

Current Discount
Amount off the current price Genel Energy is available for.
Intrinsic value
>50%
Share price is £1.77 vs Future cash flow value of £5.19
Current Discount Checks
For Genel Energy to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Genel Energy's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Genel Energy'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 Genel Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Genel Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
LSE:GENL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-1.02
LSE:GENL Share Price ** LSE (2019-06-24) in GBP £1.77
LSE:GENL Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.273 $2.25
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry PE Ratio Median Figure of 32 Publicly-Listed Oil and Gas Companies 8.7x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 787 Publicly-Listed Companies 16.39x

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

** Primary Listing of Genel Energy.

LSE:GENL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= LSE:GENL Share Price ÷ EPS (both in USD)

= 2.25 ÷ -1.02

-2.22x

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

  • Genel Energy is loss making, we can't compare its value to the GB Oil and Gas industry average.
  • Genel Energy 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 Genel Energy's expected growth come at a high price?
Raw Data
LSE:GENL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.22x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts
85.3%per year
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry PEG Ratio Median Figure of 19 Publicly-Listed Oil and Gas Companies 0.21x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 573 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for Genel Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Genel Energy's assets?
Raw Data
LSE:GENL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $4.77
LSE:GENL Share Price * LSE (2019-06-24) in GBP £1.77
LSE:GENL Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.273 $2.25
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry PB Ratio Median Figure of 103 Publicly-Listed Oil and Gas Companies 0.74x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,371 Publicly-Listed Companies 1.49x
LSE:GENL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= LSE:GENL Share Price ÷ Book Value per Share (both in USD)

= 2.25 ÷ 4.77

0.47x

* Primary Listing of Genel Energy.

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

  • Genel Energy is good value based on assets compared to the GB Oil and Gas industry average.
X
Value checks
We assess Genel Energy'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. Genel Energy 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.

Future Performance

 How is Genel Energy expected to perform in the next 1 to 3 years based on estimates from 6 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
85.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Genel Energy expected to grow at an attractive rate?
  • Genel Energy's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • Genel Energy's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
  • Genel Energy's revenues are expected to decrease over the next 1-3 years, this is below the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
LSE:GENL Future Growth Rates Data Sources
Data Point Source Value (per year)
LSE:GENL Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts 85.3%
LSE:GENL Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts -1.9%
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 11.4%
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 3.3%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 10.9%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*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
LSE:GENL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
LSE:GENL Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 282 224 2
2022-12-31 337 271 2
2021-12-31 395 311 176 4
2020-12-31 381 324 220 6
2019-12-31 375 313 90 6
LSE:GENL Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 355 299 -284
2018-09-30 329 266 12
2018-06-30 303 232 307
2018-03-31 266 226 289
2017-12-31 229 221 271
2017-09-30 208 193 -475
2017-06-30 187 166 -1,221
2017-03-31 189 148 -1,235
2016-12-31 191 131 -1,249
2016-09-30 213 141 -1,223
2016-06-30 236 151 -1,197
2016-03-31 290 111 -1,179

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Genel Energy's earnings are expected to grow significantly at over 20% yearly.
  • Genel Energy's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
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
LSE:GENL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below

All data from Genel Energy Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:GENL Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31 0.63 0.63 0.63 1.00
2022-12-31 0.64 0.64 0.64 1.00
2021-12-31 0.62 0.67 0.59 3.00
2020-12-31 0.71 0.95 0.49 4.00
2019-12-31 0.51 0.55 0.47 2.00
LSE:GENL Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -1.02
2018-09-30 0.04
2018-06-30 1.10
2018-03-31 1.03
2017-12-31 0.97
2017-09-30 -1.70
2017-06-30 -4.39
2017-03-31 -4.44
2016-12-31 -4.49
2016-09-30 -4.38
2016-06-30 -4.28
2016-03-31 -4.23

*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.
  • Genel Energy is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Genel Energy'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.
Genel Energy has a total score of 3/6, 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.

Past Performance

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

LSE:GENL Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 355.10 -283.60 22.50
2018-09-30 329.00 11.60 21.40
2018-06-30 302.90 306.80 20.30
2018-03-31 265.90 288.90 21.60
2017-12-31 228.90 271.00 22.90
2017-09-30 207.80 -475.10 140.20
2017-06-30 186.70 -1,221.20 257.50
2017-03-31 188.70 -1,235.05 255.45
2016-12-31 190.70 -1,248.90 253.40
2016-09-30 213.20 -1,223.05 146.05
2016-06-30 235.70 -1,197.20 38.70
2016-03-31 289.80 -1,179.40 48.15
2015-12-31 343.90 -1,161.60 57.60
2015-09-30 435.40 -757.60 70.55
2015-06-30 526.90 -353.60 83.50
2015-03-31 523.30 -333.95 68.10
2014-12-31 519.70 -314.30 52.70
2014-09-30 449.55 -83.55 40.50
2014-06-30 379.40 147.20 28.30
2014-03-31 363.65 166.40 28.85
2013-12-31 347.90 185.60 29.40
2013-09-30 359.40 174.15 18.85
2013-06-30 370.90 162.70 8.30
2013-03-31 352.15 119.30 8.30
2012-12-31 333.40 75.90 8.30
2012-06-30 147.10 -32.55 3.15

*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 Genel Energy has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Genel Energy has efficiently used its assets last year compared to the GB Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Genel Energy improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Genel Energy'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.
Genel Energy has a total score of 0/6, 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.

Health

 How is Genel Energy'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 Genel Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Genel Energy is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Genel Energy's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Genel Energy'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 1.5x 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 Genel Energy Company Filings, last reported 5 months ago.

LSE:GENL Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1,331.40 297.30 334.30
2018-09-30 1,331.40 297.30 334.30
2018-06-30 1,672.90 297.00 233.20
2018-03-31 1,672.90 297.00 233.20
2017-12-31 1,609.80 296.80 162.00
2017-09-30 1,609.80 296.80 162.00
2017-06-30 1,360.70 404.00 245.70
2017-03-31 1,360.70 404.00 245.70
2016-12-31 1,333.40 648.20 407.00
2016-09-30 1,333.40 648.20 407.00
2016-06-30 2,572.60 643.30 406.50
2016-03-31 2,572.60 643.30 406.50
2015-12-31 2,574.80 694.10 455.30
2015-09-30 2,574.80 694.10 455.30
2015-06-30 3,767.10 689.80 473.70
2015-03-31 3,767.10 689.80 473.70
2014-12-31 3,733.50 491.40 489.10
2014-09-30 3,733.50 491.40 489.10
2014-06-30 4,161.60 490.80 973.90
2014-03-31 4,161.60 490.80 973.90
2013-12-31 4,104.20 0.00 699.70
2013-09-30 4,104.20 0.00 699.70
2013-06-30 4,029.00 0.00 867.10
2013-03-31 4,029.00 0.00 867.10
2012-12-31 3,920.10 0.00 1,001.30
2012-06-30 3,866.20 0.00 1,829.70
  • Genel Energy's level of debt (22.3%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0.1% vs 22.3% today).
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.

  • Whilst loss making Genel Energy has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Genel Energy has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -82.7% per year.
X
Financial health checks
We assess Genel Energy'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. Genel Energy has a total score of 5/6, 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.

Dividends

 What is Genel Energy'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
4.44%
Current annual income from Genel Energy dividends. Estimated to be 7.74% next year.
If you bought £2,000 of Genel Energy shares you are expected to receive £89 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?
  • Genel Energy's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (1.96%).
  • Genel Energy's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.4%).
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
LSE:GENL 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 6 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 5%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 706 Stocks 4.3%
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 5.4%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

LSE:GENL Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.21 3.00
2020-12-31 0.16 5.00
2019-12-31 0.16 3.00
LSE:GENL Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-04-08 0.100 3.980

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

  • It is too early to tell whether Genel Energy has stable dividend payments.
  • Genel Energy only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to shareholders
What portion of Genel Energy's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.7x coverage).
X
Income/ dividend checks
We assess Genel Energy'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 Genel Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Genel Energy has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Genel Energy'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
Bill Higgs
AGE 53
TENURE AS CEO 0.2 years
CEO Bio

Dr. William George Higgs, also known as Bill, has been the Chief Executive Officer and Director of Genel Energy plc since April 8, 2019. Dr. Higgs was Chief Operating Officer at Genel Energy plc since November 06, 2017 until April 8, 2019. Dr. Higgs served as an Executive Officer of Ophir Energy Plc since August 7, 2017 until September 30, 2017. Dr. Higgs served as the Chief Operating Officer of Ophir Energy Plc from September 10, 2014 to July 7, 2017. He served as Executive Director of Ophir Energy Plc from September 10, 2014 to August 7, 2017. He served as the Chief Executive Officer of Mediterranean Oil & Gas Plc since March 19, 2012. He is a qualified geologist with extensive expertise in all engineering and other technical and commercial aspects of hydrocarbon development and production. He has over 30 years of global exploration, development and operations experience working with Chevron Corporation. He retired with Chevron Corporation in March 2012. As Senior Vice President of Operations in Saudi Arabia/Kuwait, he was responsible for Saudi Arabian Chevron Inc.'s exploration, development and production activities for the onshore Partitioned Zone, which is operated jointly with the Kuwait Gulf Oil Company. He served as the Chief Strategist for Chevron Corporation where he had been responsible for setting strategy with Chevron's executive leaders. His prior roles at Chevron include Reservoir Manager for Tengizchevroil in Kazakhstan at the start-up of the Sour Gas Injection project and Asset Manager for the BBLT development in Block 14 offshore Angola during the design, construction and early production phases of the development. His additional roles at Chevron include Business Development and Planning Manager for Sasol Chevron in Australia, Geology Manager for WAPET Exploration in Australia, senior researcher for Chevron's research company in California and lead exploration and development geologist for Chevron UK. He has been a Non-Executive Director at San Leon Energy Plc since May 24, 2018. He had been a Director of Salamander Energy plc since March 2, 2015 until August 7, 2017. He served as an Executive Director of Mediterranean Oil & Gas Plc since March 19, 2012. He served as a Director of Saudi Arabian Chevron Inc. His Current Directorships and partnerships includes : Genel Energy Africa Exploration Limited; Genel Energy Gas Company Limited; Genel Energy Miran Bina Bawi Limited; Taq Taq Drilling Company Limited and Taq Taq Operating Company Limited. His Past Directorships and Partnerships held over the last 5 years: Taq Taq Petroleum Refining Company Limited; Mediterranean Oil & Gas plc; Ophir Energy plc; Ophir Energy Indonesia Limited; Ophir (Indonesia South East Sangatta) Limited; Ophir Indonesia (Bontang II) Limited; Ophir Indonesia (Kutai) Limited; Ophir Indonesia (South Sokang) Limited; Ophir Thailand (E&P) Limited; Salamander Energy (Bualuang Holdings) Limited; Salamander Energy (Holdco) Limited; Salamander Energy (JS) Limited; Salamander Energy (S.E. Asia) Limited; Salamander Energy Group Limited; Salamander Energy plc; Ophir Holdings & Services (UK) Limited; Ophir Holdings & Ventures Limited; Ophir Mexico Limited; Ophir Global New Ventures Limited; Ophir Asia Limited; Ophir East Africa Holdings Limited; Ophir East Africa Ventures Limited; Ophir Equatorial Guinea (Block R) Limited; Ophir Equatorial Guinea Holdings Limited; Ophir Gabon (Manga) Limited; Ophir Gabon (Mbeli) Limited; Ophir Gabon (Ntsina) Limited; Ophir Gas Marketing Limited; Ophir Holdings Limited; Ophir LNG Limited; Ophir Mexico Holdings Limited; Ophir Myanmar (Block AD-3) Limited; Ophir Pipeline Limited; Ophir Seychelles (Areas 1, 2 and 3) Limited; Ophir Tanzania (Block 1) Limited; Ophir Tanzania (Block 3) Limited; Ophir Tanzania (Block 4) Limited; Ophir Gabon (Nkawa) Limited; Ophir Gabon (Nkouere) Limited; Ophir Indonesia (Bangkanai) Limited; Ophir Indonesia (North East Bangkanai) Limited; Ophir Indonesia (West Bangkanai) Limited; Ophir Thailand (Bualuang) Limited; Salamander Energy (Glagah Kambuna) Limited; Salamander Energy (Malaysia) Limited; Salamander Energy (North Sumatra) Limited; Dominion Oil & Gas Limited; Ophir Malaysia (Block 2A) Limited; Ophir Cote d'Ivoire (CI-513) Limited; Ophir Energy Indonesia (Aru) Limited; Ophir Energy Indonesia (Kofiau) 1 Limited; Ophir Energy Indonesia (North Ganal) Limited; Ophir Energy Indonesia (West Papua IV) 1 Limited; Ophir Indonesia (Kofiau) 2 LLC; Ophir Indonesia (West Papua IV) 2 LLC; Ophir Indonesia (Central Kalimantan) Limited; Salamander Energy (Canada) Limited; Dominion Acquisitions Limited; Dominion Uganda Limited; Dominion Somaliland Limited; Salamander Energy (Bengara) Limited; Salamander Energy (Glagah Kambuna Holdings) Limited; Salamander Energy (Philippines) Limited; Ophir Indonesia (Simenggaris) Limited; Salamander Energy (Vietnam) Limited; Ophir Ventures (Jersey) Limited; Ophir Ventures (Jersey) No.2 Limited; Ophir Congo (Marine IX) Limited; Ophir JDZ Limited; Ophir AGC (Profond) Limited; Ophir Somaliland (Berbera) Limited; Ophir Indonesia (North Makasar Strait) Limited; Ophir Ghana (Accra) Limited and Salamander Bualuang & Kambuna Limited. Dr. Higgs is a BSc graduate in Geological Science from the University of Leeds and holds a Ph.D. in Structural Geology from the University of Wales.

CEO Compensation
  • Insufficient data for Bill to compare compensation growth.
  • Insufficient data for Bill 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 Genel Energy management team in years:

1.9
Average Tenure
53.5
Average Age
  • The average tenure for the Genel Energy management team is less than 2 years, this suggests a new team.
Management Team

Murat Özgül

TITLE
Special Adviser to the Board
COMPENSATION
$2M
AGE
45
TENURE
0.2 yrs

Bill Higgs

TITLE
CEO & Director
AGE
53
TENURE
0.2 yrs

Esa Ikaheimonen

TITLE
CFO & Director
AGE
54
TENURE
1.9 yrs

Mike Adams

TITLE
Technical Director & PDMR

Phil Corbett

TITLE
Head of Investor Relations

Stephen Mitchell

TITLE
General Counsel & Company Secretary
AGE
58

Gozde Tutanc

TITLE
Head of Human Resources
TENURE
3.3 yrs

Pars Kutay

TITLE
Head of Government & Public Affairs
TENURE
9.4 yrs

Andrew Benbow

TITLE
Head of Communications

Vrijesh Gupta

TITLE
Head of HSE & Risk Management
Board of Directors Tenure

Average tenure and age of the Genel Energy board of directors in years:

1.8
Average Tenure
53
Average Age
  • The average tenure for the Genel Energy board of directors is less than 3 years, this suggests a new board.
Board of Directors

Steve Whyte

TITLE
Chairman
COMPENSATION
$220K
AGE
52
TENURE
2 yrs

Bill Higgs

TITLE
CEO & Director
AGE
53
TENURE
0.2 yrs

Esa Ikaheimonen

TITLE
CFO & Director
AGE
54
TENURE
0.2 yrs

George Rose

TITLE
Senior Independent Non-Executive Director
COMPENSATION
$88K
AGE
66

Tim Bushell

TITLE
Independent Non-Executive Director
COMPENSATION
$87K
AGE
58
TENURE
1.8 yrs

Martin Gudgeon

TITLE
Independent Non-Executive Director
COMPENSATION
$77K
AGE
51
TENURE
1.8 yrs

Gulsun Nazli Williams

TITLE
Non-Executive Director
COMPENSATION
$56K
AGE
40
TENURE
7.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
X
Management checks
We assess Genel Energy'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. Genel Energy 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.

News

Simply Wall St News

Did Changing Sentiment Drive Genel Energy's (LON:GENL) Share Price Down A Painful 83%?

See our latest analysis for Genel Energy Genel Energy isn't a profitable company, so it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). … We'd be remiss not to mention the difference between Genel Energy's total shareholder return (TSR) and its share price return. … Its history of dividend payouts mean that Genel Energy's TSR, which was a 82% drop over the last 5 years, was not as bad as the share price return.

Simply Wall St -

An Intrinsic Calculation For Genel Energy plc (LON:GENL) Suggests It's 25% Undervalued

I will be using the Discounted Cash Flow (DCF) model. … If you want to learn more about discounted cash flow, the rationale behind this calculation can be read in detail in the Simply Wall St analysis model. … See our latest analysis for Genel Energy

Simply Wall St -

Investors Who Bought Genel Energy (LON:GENL) Shares Three Years Ago Are Now Up 184%

For instance the Genel Energy plc (LON:GENL) share price is 184% higher than it was three years ago. … One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … During three years of share price growth, Genel Energy moved from a loss to profitability.

Simply Wall St -

Does Genel Energy plc (LON:GENL) Have A Particularly Volatile Share Price?

The second type is the broader market volatility, which you cannot diversify away, since it arises from macroeconomic factors which directly affects all the stocks on the market. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

Simply Wall St -

Is Genel Energy plc (LON:GENL) Struggling With Its 1.9% Return On Capital Employed?

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … What is Return On Capital Employed (ROCE)? … Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)

Simply Wall St -

Is Genel Energy plc's (LON:GENL) CEO Being Overpaid?

This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does Murat Özgül's Compensation Compare With Similar Sized Companies. … According to our data, Genel Energy plc has a market capitalization of UK£445m, and pays its CEO total annual compensation worth US$1.8m.

Simply Wall St -

What Kind Of Share Price Volatility Should You Expect For Genel Energy plc (LON:GENL)?

Volatility is considered to be a measure of risk in modern finance theory. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

Simply Wall St -

Should You Expect Genel Energy plc (LON:GENL) To Continue Delivering An ROE Of 18%?

Genel Energy has a ROE of 18%, based on the last twelve months. … One way to conceptualize this, is that for each £1 of shareholders' equity it has, the company made £0.18 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Breaking Down Genel Energy plc's (LON:GENL) Ownership Structure

In this article, I'm going to take a look at Genel Energy plc’s (LON:GENL) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … Ownership structure of a company has been found to affect share performance over time. … See our latest analysis for Genel Energy

Simply Wall St -

How Does Genel Energy plc (LON:GENL) Affect Your Portfolio Returns?

The second type is market risk, one that you cannot diversify away, since it arises from macroeconomic factors which directly affects all the stocks in the market. … A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … Any stock with a beta of greater than one is considered more volatile than the market, and those with a beta less than one is generally less volatile.

Simply Wall St -

Company Info

Description

Genel Energy plc, through its subsidiaries, engages in the oil and gas exploration and production activities. It operates through three segments: Oil Producing Assets, Miran and Bina Bawi Assets, and Exploration Assets. The company holds interests in the Taq Taq and Tawke oil producing fields, as well as Miran and Bina Bawi oil and gas assets in the Kurdistan Region of Iraq; and exploration assets in Somaliland and Morocco. It has proven and proven plus probable net working interest reserves of 99 and 150 million barrels of oil equivalent. Genel Energy plc is headquartered in London, the United Kingdom.

Details
Name: Genel Energy plc
GENL
Exchange: LSE
Founded:
£495,489,546
279,937,597
Website: http://www.genelenergy.com
Address: Genel Energy plc
36 Broadway,
Fifth Floor,
London,
Greater London, SW1H 0BH,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
LSE GENL Voting Ordinary Shares London Stock Exchange GB GBP 22. Nov 2011
OTCPK GEGY.F Voting Ordinary Shares Pink Sheets LLC US USD 22. Nov 2011
DB 4VL Voting Ordinary Shares Deutsche Boerse AG DE EUR 22. Nov 2011
BATS-CHIXE GENLL Voting Ordinary Shares BATS 'Chi-X Europe' GB GBP 22. Nov 2011
OTCPK GEGY.Y UNSPONSORD ADR Pink Sheets LLC US USD 29. Apr 2014
Number of employees
Current staff
Staff numbers
114
Genel Energy employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/24 22:10
End of day share price update: 2019/06/24 00:00
Last estimates confirmation: 2019/06/24
Last earnings filing: 2019/04/09
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


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.