RockRose Energy plc operates as an independent oil and gas production company.
Outstanding track record and undervalued.
Share Price & News
How has RockRose Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RRE's share price has been volatile over the past 3 months.
7 Day Return
GB Oil and Gas
1 Year Return
GB Oil and Gas
Return vs Industry: Insufficient data to determine how RRE performed against the UK Oil and Gas industry.
Return vs Market: Insufficient data to determine how RRE performed against the UK Market.
Price Volatility Vs. Market
How volatile is RockRose Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StRockRose Energy PLC (LON:RRE) Vies For A Place In Your Dividend Portfolio: Here's Why
1 month ago | Simply Wall StOne RockRose Energy PLC (LON:RRE) Broker Just Cut Their Revenue Forecasts By 59%
1 month ago | Simply Wall StIs It Smart To Buy RockRose Energy PLC (LON:RRE) Before It Goes Ex-Dividend?
Is RockRose Energy undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RRE (£10.34) is trading below our estimate of fair value (£68.88)
Significantly Below Fair Value: RRE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RRE is good value based on its PE Ratio (2x) compared to the Oil and Gas industry average (4.9x).
PE vs Market: RRE is good value based on its PE Ratio (2x) compared to the UK market (14.7x).
Price to Earnings Growth Ratio
PEG Ratio: RRE is good value based on its PEG Ratio (0.1x)
Price to Book Ratio
PB vs Industry: RRE is overvalued based on its PB Ratio (1x) compared to the GB Oil and Gas industry average (0.4x).
How is RockRose Energy forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RRE's forecast earnings growth (26.3% per year) is above the savings rate (1.2%).
Earnings vs Market: RRE's earnings (26.3% per year) are forecast to grow faster than the UK market (20.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: RRE's revenue (18.1% per year) is forecast to grow faster than the UK market (3.6% per year).
High Growth Revenue: RRE's revenue (18.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if RRE's Return on Equity is forecast to be high in 3 years time
How has RockRose Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RRE has high quality earnings.
Growing Profit Margin: RRE's current net profit margins (33.5%) are higher than last year (25.4%).
Past Earnings Growth Analysis
Earnings Trend: RRE's earnings have grown significantly by 47.6% per year over the past 5 years.
Accelerating Growth: RRE's earnings growth over the past year (116.4%) exceeds its 5-year average (47.6% per year).
Earnings vs Industry: RRE earnings growth over the past year (116.4%) exceeded the Oil and Gas industry -2.2%.
Return on Equity
High ROE: RRE's Return on Equity (54.6%) is considered outstanding.
How is RockRose Energy's financial position?
Financial Position Analysis
Short Term Liabilities: RRE's short term assets ($477.7M) exceed its short term liabilities ($162.1M).
Long Term Liabilities: RRE's short term assets ($477.7M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: RRE is debt free.
Reducing Debt: RRE has not had any debt for past 5 years.
Debt Coverage: RRE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RRE has no debt, therefore coverage of interest payments is not a concern.
What is RockRose Energy's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RRE's dividend (8.07%) is higher than the bottom 25% of dividend payers in the UK market (2.03%).
High Dividend: RRE's dividend (8.07%) is in the top 25% of dividend payers in the UK market (5.68%)
Stability and Growth of Payments
Stable Dividend: Too early to tell whether RRE's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if RRE's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (17.2%), RRE's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Peter Mann serves as Managing Director at RockRose Energy PLC. He joined IGas Energy plc (“IGas”) in 2013 to assist in the implementation of the company’s core strategic aims. During his time at IGas h ...
|Executive Chairman||4.83yrs||US$1.61m||27.25% $36.8m|
|Independent Non-Executive Director||4.42yrs||US$63.83k||1.68% $2.3m|
|Independent Non-Executive Director||4.42yrs||US$1.29m||2.46% $3.3m|
Experienced Board: RRE's board of directors are considered experienced (4.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4%.
RockRose Energy PLC's company bio, employee growth, exchange listings and data sources
- Name: RockRose Energy PLC
- Ticker: RRE
- Exchange: LSE
- Founded: 2015
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: UK£135.224m
- Shares outstanding: 13.08m
- Website: https://www.rockroseenergy.com
Number of Employees
- RockRose Energy PLC
- 107 Cheapside
- 9th Floor
- Greater London
- EC2V 6DN
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|RRE||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||GBP||Jan 2016|
|RREL||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||GBP||Jan 2016|
RockRose Energy plc operates as an independent oil and gas production company. The company operates through three segments: Oil, Gas, and Infrastructure. It offers crude oil and gas products, and pipeline services. The company holds interests in the oil producing assets, including Brae Complex, Foinaven, Nelson and Howe, Ross and Blake, Balmoral, Stirling, Beauly, and Burghley assets; and gas producing assets, such as A&B blocks, K4b/K5a, Hanze, P15/ P18-Rijn, P/Q Area, Markham and J3C, and onshore Bergen assets, as well as Tors, Grove, Galahad, Mordred, and Seven Seas fields located in the United Kingdom and the Netherlands. As of December 31, 2019, it had proved and probable reserves of 60.8 million barrel of oil equivalent (MMboe) with an additional contingent resources of 21.2 MMboe. The company was founded in 2015 and is headquartered in London, the United Kingdom.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/01 00:26|
|End of Day Share Price||2020/05/29 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.