Reported Earnings • Jun 16
First quarter 2026 earnings released: €0.071 loss per share (vs €0.065 profit in 1Q 2025) First quarter 2026 results: €0.071 loss per share (down from €0.065 profit in 1Q 2025). Revenue: €306.8m (down 48% from 1Q 2025). Net loss: €1.68m (down 209% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. New Risk • May 14
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.2x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (0.004% net profit margin). Market cap is less than US$100m (€51.9m market cap, or US$60.8m). New Risk • May 06
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 0.7x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.7x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (0.004% net profit margin). Market cap is less than US$100m (€52.2m market cap, or US$61.5m). Announcement • Mar 23
Elinoil Hellenic Petroleum Company S.A., Annual General Meeting, Jul 02, 2026 Elinoil Hellenic Petroleum Company S.A., Annual General Meeting, Jul 02, 2026. New Risk • Dec 11
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.1% Last year net profit margin: 0.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (45% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (0.1% net profit margin). Market cap is less than US$100m (€55.3m market cap, or US$64.7m). Reported Earnings • Dec 11
Third quarter 2025 earnings released: EPS: €0.031 (vs €0.18 in 3Q 2024) Third quarter 2025 results: EPS: €0.031 (down from €0.18 in 3Q 2024). Revenue: €560.6m (down 24% from 3Q 2024). Net income: €726.5k (down 83% from 3Q 2024). Profit margin: 0.1% (down from 0.6% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. New Risk • Oct 08
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.9x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€53.4m market cap, or US$62.0m). Reported Earnings • Sep 30
First half 2025 earnings released: EPS: €0.032 (vs €0.15 in 1H 2024) First half 2025 results: EPS: €0.032 (down from €0.15 in 1H 2024). Revenue: €1.14b (down 13% from 1H 2024). Net income: €750.0k (down 79% from 1H 2024). Profit margin: 0.1% (down from 0.3% in 1H 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. New Risk • Sep 10
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). High level of non-cash earnings (22% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (€59.3m market cap, or US$69.4m). Upcoming Dividend • Jul 07
Upcoming dividend of €0.14 per share Eligible shareholders must have bought the stock before 14 July 2025. Payment date: 18 July 2025. Payout ratio is a comfortable 53% but the company is not cash flow positive. Trailing yield: 4.3%. Lower than top quartile of Greek dividend payers (5.7%). Lower than average of industry peers (6.3%). Announcement • Jun 24
Elinoil Hellenic Petroleum Company S.A.(ATSE:ELIN) dropped from ATHEX Composite Index Elinoil Hellenic Petroleum Company S.A. has been dropped from the ATHEX Composite Index Announcement • Apr 17
Elinoil Hellenic Petroleum Company S.A., Annual General Meeting, Jul 03, 2025 Elinoil Hellenic Petroleum Company S.A., Annual General Meeting, Jul 03, 2025. New Risk • Dec 05
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.2% Last year net profit margin: 0.4% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.0x net interest cover). High level of non-cash earnings (39% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (0.2% net profit margin). Market cap is less than US$100m (€47.2m market cap, or US$49.7m). Reported Earnings • Dec 03
Third quarter 2024 earnings released: EPS: €0.18 (vs €0.027 in 3Q 2023) Third quarter 2024 results: EPS: €0.18 (up from €0.027 in 3Q 2023). Revenue: €740.9m (up 10% from 3Q 2023). Net income: €4.23m (up €3.59m from 3Q 2023). Profit margin: 0.6% (up from 0.1% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 6% per year. Reported Earnings • Oct 01
Second quarter 2024 earnings released: EPS: €0.065 (vs €0.10 in 2Q 2023) Second quarter 2024 results: EPS: €0.065 (down from €0.10 in 2Q 2023). Revenue: €607.8m (up 14% from 2Q 2023). Net income: €1.54m (down 38% from 2Q 2023). Profit margin: 0.3% (down from 0.5% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. New Risk • Jul 16
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.5x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.5x net interest cover). High level of non-cash earnings (50% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (0.2% net profit margin). Market cap is less than US$100m (€53.6m market cap, or US$58.4m). Upcoming Dividend • Jul 08
Upcoming dividend of €0.11 per share Eligible shareholders must have bought the stock before 15 July 2024. Payment date: 19 July 2024. The company last paid an ordinary dividend in March 2016. The average dividend yield among industry peers is 6.0%. New Risk • Jun 04
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.8x net interest cover). Minor Risks Share price has been volatile over the past 3 months (5.5% average weekly change). Market cap is less than US$100m (€54.5m market cap, or US$59.3m). Announcement • Apr 28
Elinoil Hellenic Petroleum Company S.A. to Report Fiscal Year 2023 Results on Apr 25, 2024 Elinoil Hellenic Petroleum Company S.A. announced that they will report fiscal year 2023 results on Apr 25, 2024 New Risk • Apr 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Greek stocks, typically moving 5.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (64% net debt to equity). Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (5.0% average weekly change). Market cap is less than US$100m (€57.1m market cap, or US$61.3m). New Risk • Apr 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (64% net debt to equity). Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (€56.2m market cap, or US$59.7m). Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €2.75, the stock trades at a trailing P/E ratio of 5.9x. Average trailing P/E is 7x in the Oil and Gas industry in Europe. Total returns to shareholders of 45% over the past three years. Announcement • Sep 01
Elinoil Hellenic Petroleum Company S.A. to Report First Half, 2023 Results on Sep 29, 2023 Elinoil Hellenic Petroleum Company S.A. announced that they will report first half, 2023 results on Sep 29, 2023 New Risk • Jul 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Greek stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (25% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.0% average weekly change). Market cap is less than US$100m (€65.7m market cap, or US$73.7m). Valuation Update With 7 Day Price Move • Jul 18
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €2.77, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 88% over the past three years. Announcement • Jul 01
Elinoil Hellenic Petroleum Company S.A., Annual General Meeting, Jul 06, 2023 Elinoil Hellenic Petroleum Company S.A., Annual General Meeting, Jul 06, 2023, at 10:00 E. Europe Standard Time. Location: 33 Pigon Street Kifissia Greece Valuation Update With 7 Day Price Move • Feb 13
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €2.47, the stock trades at a trailing P/E ratio of 6.6x. Average trailing P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 44% over the past three years. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 02
First half 2022 earnings released: EPS: €0.26 (vs €0.053 in 1H 2021) First half 2022 results: EPS: €0.26 (up from €0.053 in 1H 2021). Revenue: €1.95b (up 186% from 1H 2021). Net income: €6.19m (up 388% from 1H 2021). Profit margin: 0.3% (up from 0.2% in 1H 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jul 11
Upcoming dividend of €0.074 per share Eligible shareholders must have bought the stock before 18 July 2022. Payment date: 22 July 2022. The company last paid an ordinary dividend in March 2016. The average dividend yield among industry peers is 7.4%. Announcement • Jul 01
Elinoil Hellenic Petroleum Company S.A., Annual General Meeting, Jul 06, 2022 Elinoil Hellenic Petroleum Company S.A., Annual General Meeting, Jul 06, 2022, at 10:00 E. Europe Standard Time. Location: KIFISSIA,PIGON 33 Kifissia Greece Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Jan 17
Investor sentiment improved over the past week After last week's 19% share price gain to €1.97, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 13x in the Oil and Gas industry in Europe. Total returns to shareholders of 54% over the past three years. Announcement • Dec 22
Elinoil Hellenic Petroleum Company S.A.(ATSE:ELIN) dropped from ATHEX Composite Index Elinoil Hellenic Petroleum Company S.A. has been removed from ATHEX Composite Index. Is New 90 Day High Low • Mar 10
New 90-day high: €1.91 The company is up 28% from its price of €1.49 on 10 December 2020. The Greek market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 15% over the same period. Is New 90 Day High Low • Feb 01
New 90-day high: €1.89 The company is up 32% from its price of €1.43 on 03 November 2020. The Greek market is up 26% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 29% over the same period. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improved over the past week After last week's 20% share price gain to €1.88, the stock is trading at a trailing P/E ratio of 20.1x, up from the previous P/E ratio of 16.8x. This compares to an average P/E of 13x in the Oil and Gas industry in Europe. Total returns to shareholders over the past three years are 12%. Is New 90 Day High Low • Jan 14
New 90-day high: €1.70 The company is up 19% from its price of €1.43 on 16 October 2020. The Greek market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is up 35% over the same period. Is New 90 Day High Low • Dec 30
New 90-day high: €1.57 The company is up 7.0% from its price of €1.47 on 01 October 2020. The Greek market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is up 22% over the same period. Is New 90 Day High Low • Dec 15
New 90-day high: €1.54 The company is up 8.0% from its price of €1.42 on 15 September 2020. The Greek market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is up 15% over the same period. Is New 90 Day High Low • Nov 04
New 90-day low: €1.35 The company is down 9.0% from its price of €1.48 on 06 August 2020. The Greek market is down 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Oil and Gas industry, which is down 15% over the same period. Is New 90 Day High Low • Sep 25
New 90-day low: €1.37 The company is down 4.0% from its price of €1.42 on 26 June 2020. The Greek market is down 2.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Oil and Gas industry, which is down 12% over the same period. Announcement • Sep 06
Elinoil Hellenic Petroleum Company S.A. to Report First Half, 2020 Results on Sep 30, 2020 Elinoil Hellenic Petroleum Company S.A. announced that they will report first half, 2020 results on Sep 30, 2020 
