PetroNeft Resources
PetroNeft Resources plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas properties in Russia. The last earnings update was 144 days ago. More info.
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- PetroNeft Resources has significant price volatility in the past 3 months.
P8ET Share Price and Events
7 Day Returns
1 Year Returns
P8ET Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| PetroNeft Resources (P8ET) | -6.7% | -6.7% | -17.6% | -17.6% | -53.3% | -81.3% |
| Europe Oil and Gas | 0.9% | 4% | 1.8% | 12.4% | 45% | 11.6% |
| IE Market | 2.7% | 5.4% | 0.3% | -13.1% | 2.2% | 33.4% |
1 Year Return vs Industry and Market
- P8ET underperformed the Oil and Gas industry which returned 12.4% over the past year.
- P8ET underperformed the Market in Ireland which returned -13.1% over the past year.
P8ET Value
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
PetroNeft 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.
Below are the data sources, inputs and calculation used to determine the intrinsic value for PetroNeft Resources.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 1 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 8.2% |
| Perpetual Growth Rate | 10-Year IE Government Bond Rate | 0.9% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year IE Govt Bond Rate | 0.9% |
| Equity Risk Premium | S&P Global | 9.1% |
| Oil and Gas Unlevered Beta | Simply Wall St/ S&P Global | 0.61 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.605 (1 + (1- 12.5%) (9.39%)) |
0.655 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
0.8 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.9% + (0.8 * 9.1%) |
8.18% |
Discounted Cash Flow Calculation for ISE:P8ET using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for PetroNeft 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.
| 2019 | 2020 | 2021 | 2022 | 2023 | |
| Levered FCF (USD, Millions) | 0.05 | 0.04 | 0.03 | 0.03 | 0.02 |
| Source | Est @ -20%, capped from -65.42% | Est @ -19%, capped from -65.42% | Est @ -18%, capped from -65.42% | Est @ -17%, capped from -65.42% | Est @ -16%, capped from -65.42% |
|
Present Value Discounted (@ 8.18%) |
0.05 | 0.04 | 0.03 | 0.02 | 0.02 |
| Present value of next 5 years cash flows | $0.15 |
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2023
× (1 + g) ÷ (Discount Rate – g)
= $0.02 × (1 + 0.9%) ÷ (8.18% – 0.9%) |
$0.33 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)5
= $0.33 ÷ (1 + 8.18%)5 |
$0.23 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 5 years cash flows +
Terminal Value
= $0.15 + $0.23 |
$0.37 |
| Equity Value per Share (USD) |
= Total value / Shares Outstanding
= $0.37 / 707.25 |
$0 |
| Calculation | Result | |
|---|---|---|
| Exchange Rate | USD/EUR
(Reporting currency to currency of ISE:P8ET) |
0.887 |
| Value per Share (EUR) |
= Value per Share in USD x Exchange Rate (USD/EUR)
= $0 x 0.887 |
€0 |
| Value per share (EUR) | From above. | €0.00 |
| Current discount | Discount to share price of
€0.01
= -1 x (€0.01 - €0.00) / €0.00 |
-2876.8% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
- The current share price of PetroNeft Resources is above its future cash flow value.
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 PetroNeft Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
PetroNeft Resources's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-06-30) in USD | $-0.00 |
| ISE:P8ET Share Price ** | ISE (2019-02-15) in EUR | €0.01 |
| ISE:P8ET Share Price converted to USD reporting currency | Exchange rate (EUR/ USD) 1.127 | $0.02 |
| Europe Oil and Gas Industry PE Ratio | Median Figure of 88 Publicly-Listed Oil and Gas Companies | 10.47x |
| Ireland Market PE Ratio | Median Figure of 25 Publicly-Listed Companies | 12.18x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of PetroNeft Resources.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = ISE:P8ET Share Price ÷ EPS (both in USD) = 0.02 ÷ -0.00 |
-3.96x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- PetroNeft Resources is loss making, we can't compare its value to the Europe Oil and Gas industry average.
- PetroNeft Resources is loss making, we can't compare the value of its earnings to the Ireland market.
Price based on expected Growth
Does
PetroNeft Resources's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | -3.96x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts |
Not available |
| Europe Oil and Gas Industry PEG Ratio | Median Figure of 56 Publicly-Listed Oil and Gas Companies | 0.88x |
| Ireland Market PEG Ratio | Median Figure of 21 Publicly-Listed Companies | 1.31x |
*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 PetroNeft Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
PetroNeft Resources's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-06-30) in USD | $0.06 |
| ISE:P8ET Share Price * | ISE (2019-02-15) in EUR | €0.01 |
| ISE:P8ET Share Price converted to USD reporting currency | Exchange rate (EUR/ USD) 1.127 | $0.02 |
| Europe Oil and Gas Industry PB Ratio | Median Figure of 186 Publicly-Listed Oil and Gas Companies | 0.87x |
| Ireland Market PB Ratio | Median Figure of 33 Publicly-Listed Companies | 1.24x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = ISE:P8ET Share Price ÷ Book Value per Share (both in USD) = 0.02 ÷ 0.06 |
0.28x |
* Primary Listing of PetroNeft Resources.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- PetroNeft Resources is good value based on assets compared to the Europe Oil and Gas industry average.
Value checks
We assess PetroNeft Resources's value by looking at:- 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. )
- 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)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check) PetroNeft Resources has a total score of 1/6, 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.
P8ET Future Performance
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!
Earnings growth vs Low Risk Savings
- Unable to compare PetroNeft Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
- Unable to compare PetroNeft Resources's earnings growth to the Ireland market average as no estimate data is available.
- PetroNeft Resources's revenue growth is expected to exceed the Ireland market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| ISE:P8ET Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts | 9.2% |
| Europe Oil and Gas Industry Earnings Growth Rate | Market Cap Weighted Average | 6.7% |
| Europe Oil and Gas Industry Revenue Growth Rate | Market Cap Weighted Average | 1% |
| Ireland Market Earnings Growth Rate | Market Cap Weighted Average | 9.5% |
| Ireland Market Revenue Growth Rate | Market Cap Weighted Average | 5.4% |
*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
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (7 months ago) | See Below |
| Future Estimates | Average of up to 1 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2020-12-31 | 2 | 1 | ||
| 2019-12-31 | 2 | 1 | ||
| 2018-12-31 | 2 | 1 |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-06-30 | 2 | -1 | -3 |
| 2018-03-31 | 2 | -0 | -3 |
| 2017-12-31 | 2 | -0 | -3 |
| 2017-09-30 | 2 | -0 | -4 |
| 2017-06-30 | 2 | -0 | -5 |
| 2017-03-31 | 2 | -1 | -5 |
| 2016-12-31 | 2 | -1 | -5 |
| 2016-09-30 | 2 | -2 | -7 |
| 2016-06-30 | 3 | -2 | -9 |
| 2016-03-31 | 2 | -2 | -9 |
| 2015-12-31 | 2 | -2 | -8 |
| 2015-09-30 | 3 | -3 | -8 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (7 months ago) | See Below |
| Future Estimates | Average of up to 1 Analyst Estimates (S&P Global) | See Below |
All data from PetroNeft Resources Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2020-12-31 | ||||
| 2019-12-31 | ||||
| 2018-12-31 |
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2018-06-30 | -0.00 |
| 2018-03-31 | -0.00 |
| 2017-12-31 | -0.00 |
| 2017-09-30 | -0.01 |
| 2017-06-30 | -0.01 |
| 2017-03-31 | -0.01 |
| 2016-12-31 | -0.01 |
| 2016-09-30 | -0.01 |
| 2016-06-30 | -0.01 |
| 2016-03-31 | -0.01 |
| 2015-12-31 | -0.01 |
| 2015-09-30 | -0.01 |
*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 PetroNeft Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Future performance checks
We assess PetroNeft Resources's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
PetroNeft Resources has a total score of 1/6, 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.
P8ET Past Performance
How has PetroNeft 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
Past Earnings growth analysis
- PetroNeft Resources does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
- Unable to compare PetroNeft Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
- Unable to compare PetroNeft Resources's 1-year growth to the Europe Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
All data from PetroNeft Resources Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-06-30 | 1.80 | -2.82 | 1.42 | |
| 2018-03-31 | 1.75 | -3.03 | 1.40 | |
| 2017-12-31 | 1.71 | -3.24 | 1.39 | |
| 2017-09-30 | 1.82 | -3.98 | 1.53 | |
| 2017-06-30 | 1.93 | -4.72 | 1.67 | |
| 2017-03-31 | 2.10 | -5.07 | 1.91 | |
| 2016-12-31 | 2.28 | -5.43 | 2.16 | |
| 2016-09-30 | 2.41 | -7.40 | 2.04 | |
| 2016-06-30 | 2.54 | -9.38 | 1.92 | |
| 2016-03-31 | 2.47 | -8.93 | 1.66 | |
| 2015-12-31 | 2.40 | -8.47 | 1.41 | |
| 2015-09-30 | 2.63 | -7.97 | 1.26 | |
| 2015-06-30 | 2.86 | -7.47 | 1.10 | |
| 2015-03-31 | 11.01 | -8.13 | 2.38 | |
| 2014-12-31 | 19.17 | -8.78 | 3.65 | |
| 2014-09-30 | 28.38 | -5.04 | 4.91 | |
| 2014-06-30 | 37.59 | -1.29 | 6.16 | |
| 2014-03-31 | 38.14 | -5.23 | 6.30 | |
| 2013-12-31 | 38.69 | -9.16 | 6.45 | |
| 2013-09-30 | 37.12 | -8.66 | 6.26 | |
| 2013-06-30 | 35.56 | -8.17 | 6.07 | |
| 2013-03-31 | 35.07 | -6.37 | 6.38 | |
| 2012-12-31 | 34.58 | -4.57 | 6.70 | |
| 2012-09-30 | 32.64 | -16.27 | 6.68 | |
| 2012-06-30 | 30.70 | -27.97 | 6.67 | |
| 2012-03-31 | 29.87 | -22.94 | 6.73 |
*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 PetroNeft 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 PetroNeft Resources has efficiently used its assets last year compared to the Europe Oil and Gas industry average (Return on Assets) as it is loss-making.
- It is difficult to establish if PetroNeft Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
Past performance checks
We assess PetroNeft Resources's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
PetroNeft Resources 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.
P8ET Health
How is PetroNeft 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 PetroNeft Resources's finances.
The net worth of a company is the difference between its assets and liabilities.
- PetroNeft Resources's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
- PetroNeft Resources's long term commitments exceed its cash and other short term assets.
Balance sheet
Assets
Liabilities and shares
- Low level of unsold assets.
- Debt is not covered by short term assets, assets are 0.6x 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.
All data from PetroNeft Resources Company Filings, last reported 7 months ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-06-30 | 40.25 | 1.05 | 0.04 |
| 2018-03-31 | 40.25 | 1.05 | 0.04 |
| 2017-12-31 | 45.43 | 0.00 | 0.01 |
| 2017-09-30 | 45.43 | 0.00 | 0.01 |
| 2017-06-30 | 45.93 | 0.00 | 0.15 |
| 2017-03-31 | 45.93 | 0.00 | 0.15 |
| 2016-12-31 | 46.15 | 0.00 | 0.32 |
| 2016-09-30 | 46.15 | 0.00 | 0.32 |
| 2016-06-30 | 47.03 | 0.00 | 0.38 |
| 2016-03-31 | 47.03 | 0.00 | 0.38 |
| 2015-12-31 | 43.81 | 0.00 | 1.28 |
| 2015-09-30 | 43.81 | 0.00 | 1.28 |
| 2015-06-30 | 64.00 | 0.00 | 2.56 |
| 2015-03-31 | 64.00 | 0.00 | 2.56 |
| 2014-12-31 | 64.47 | 0.00 | 3.39 |
| 2014-09-30 | 64.47 | 0.00 | 3.39 |
| 2014-06-30 | 87.09 | 28.90 | 0.08 |
| 2014-03-31 | 87.09 | 28.90 | 0.08 |
| 2013-12-31 | 86.06 | 30.00 | 0.12 |
| 2013-09-30 | 86.06 | 30.00 | 0.12 |
| 2013-06-30 | 84.60 | 33.50 | 0.13 |
| 2013-03-31 | 84.60 | 33.50 | 0.13 |
| 2012-12-31 | 98.34 | 35.91 | 3.94 |
| 2012-09-30 | 98.34 | 35.91 | 3.94 |
| 2012-06-30 | 74.53 | 44.17 | 1.72 |
| 2012-03-31 | 74.53 | 44.17 | 1.72 |
- PetroNeft Resources's level of debt (2.6%) compared to net worth is satisfactory (less than 40%).
- The level of debt compared to net worth has been reduced over the past 5 years (39.5% vs 2.6% 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.
- PetroNeft Resources has less than a year of cash runway based on current free cash flow.
- PetroNeft Resources has less than a year of cash runway if free cash flow continues to reduce at historical rates of -82.9% each year.
Financial health checks
We assess PetroNeft Resources's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) PetroNeft Resources has a total score of 2/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- 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.
P8ET Dividends
What is PetroNeft 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
If you bought
€2,000 of
PetroNeft Resources
shares you are expected to receive
€0
in your first year as a dividend.
Dividend Amount
- Unable to evaluate PetroNeft Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate PetroNeft 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.
| 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 1 Analyst Estimates (S&P Global) | See Below |
| Europe Oil and Gas Industry Average Dividend Yield | Market Cap Weighted Average of 59 Stocks | 5.1% |
| Ireland Market Average Dividend Yield | Market Cap Weighted Average of 20 Stocks | 2.2% |
| Ireland Minimum Threshold Dividend Yield | 10th Percentile | 1.1% |
| Ireland Bottom 25% Dividend Yield | 25th Percentile | 1.7% |
| Ireland Top 25% Dividend Yield | 75th Percentile | 3.7% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2020-12-31 | ||
| 2019-12-31 | ||
| 2018-12-31 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as PetroNeft Resources has not reported any payouts.
- Unable to verify if PetroNeft Resources's dividend has been increasing as the company has not reported any payouts.
Income/ dividend checks
We assess PetroNeft Resources's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can PetroNeft Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) PetroNeft 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.
P8ET Management
CEO
| AGE | 61 |
| TENURE AS CEO | 0.3 years |
CEO Bio
Mr. Karl D. Johnson has been Vice-President of Business Development & Operations for Petroneft Resources Plc since January 1, 2010. Mr. Karl D. Johnson has been Interim Chief Executive Officer at Petroneft Resources Plc since November 2018. Mr. Johnson joined PetroNeft after a 27 year career with Marathon Oil Company. He has a strong background in Business Development, Operations and Economics. He also has extensive Russian experience having lived and worked in both Moscow and Yuzhno-Sakhalinsk. He holds a BS degree in Petroleum Engineering from Marietta College and an MBA from Rice University, Houston, Texas, USA.
CEO Compensation
- Insufficient data for Karl to compare compensation growth.
- Insufficient data for Karl to establish whether their remuneration is reasonable compared to companies of similar size in Ireland.
Management Team Tenure
Average tenure and age of the PetroNeft Resources management team in years:
- The tenure for the PetroNeft Resources management team is about average.
Management Team
Paul Dowling
Executive Officer
46
0.1 yrs
Karl Johnson
Interim CEO & Vice President of Business Development & Operations
61
0.3 yrs
Yuriy Chimur
Head of Field Production
Nikolay Karapuzov
Chief Geologist & Geophysicist of Stimul-T
73
Dmitry Shelkovnikov
Chief Engineer
6.9 yrs
Michail Dronov
Group Chief Development Geologist
55
8.8 yrs
Board of Directors Tenure
Average tenure and age of the PetroNeft Resources board of directors in years:
- The tenure for the PetroNeft Resources board of directors is about average.
Board of Directors
G. Golder
Non-Executive Chairman
$58K
70
14.1 yrs
Tom Hickey
Independent Non-Executive Director
$37K
49
14.1 yrs
Dennis Francis
Non-Executive Director
$429K
69
14.1 yrs
Maxim Korobov
Non-Executive Director
$37K
61
2.8 yrs
Anthony Sacca
Independent Non-Executive Director
$37K
46
2.8 yrs
David Sturt
Independent Non-Executive Director
$37K
56
2.8 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (€) | Value (€) | |
|---|---|---|---|---|---|---|---|---|---|---|
Management checks
We assess PetroNeft Resources's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) PetroNeft 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.
P8ET News
Simply Wall St News
Should You Be Concerned About PetroNeft Resources plc's (ISE:P8ET) Historical Volatility?
In finance, Beta is a measure of volatility. … Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility).
Simply Wall St - – Full articleWho Are PetroNeft Resources plc's (ISE:P8ET) Major Shareholders?
If you want to know who really controls PetroNeft Resources plc (ISE:P8ET), then you'll have to look at the makeup of its share registry. … Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … PetroNeft Resources is a smaller company with a market capitalization of €11.3m, so it may still be flying under the radar of many institutional investors.
Simply Wall St - – Full articleAre PetroNeft Resources plc's (ISE:P8ET) Interest Costs Too High?
PetroNeft Resources plc (ISE:P8ET), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … However, the trade-off is P8ET will have to follow strict debt obligations which will reduce its financial flexibility. … Does P8ET's growth rate justify its decision for financial flexibility over lower cost of capital
Simply Wall St - – Full articleWhy You Need To Look At This Factor Before Buying PetroNeft Resources plc (ISE:P8ET)
A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … As a result, the company may be less volatile relative to broad market movements, compared to a company of similar size but higher proportion of fixed assets. … However, this is the opposite to what P8ET’s actual beta value suggests, which is higher stock volatility relative to the market.
Simply Wall St - – Full articleWho Owns PetroNeft Resources plc (ISE:P8ET)?
General Public Ownership The general public holds a substantial 27.97% stake in P8ET, making it a highly popular stock among retail investors. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Thus, potential investors should look into these business relations and check how it can impact long-term shareholder returns.Next Steps: Institutional ownership level and composition in P8ET is not high nor active enough to significantly impact its investment thesis.
Simply Wall St - – Full articleIs It Time To Buy PetroNeft Resources plc (ISE:P8ET)?
The stock’s ratio of 0.32x is currently trading slightly below its industry peers’ ratio of 1.29x, which means if you buy PetroNeft Resources today, you’d be paying a relatively fair price for it. … And if you believe PetroNeft Resources should be trading in this range, then there isn’t much room for the share price grow beyond what it’s currently trading. … Since PetroNeft Resources’s share price is quite volatile, we could potentially see it sink lower (or rise higher) in the future, giving us another chance to buy.
Simply Wall St - – Full articleP8ET Company Info
Map
Description
PetroNeft Resources plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas properties in Russia. The company’s primary assets are a 50% operating interest in Licence 61 that covers 4,991 square kilometers in the Tomsk Oblast; and a 50% operating interest in Licence 67 covering 2,447 square kilometers located in the Tomsk Oblast. It also owns construction projects, such as well pads and on-site accommodation. PetroNeft Resources plc was founded in 2003 and is based in Dublin, Ireland.
Details
| Name: | PetroNeft Resources plc |
| P8ET | |
| Exchange: | ISE |
| Founded: | 2003 |
| €9,901,442 | |
| 707,245,906 | |
| Website: | http://www.petroneft.com |
| Address: |
PetroNeft Resources plc 20 Holles Street, Dublin, Co. Dublin, 2, Ireland |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| ISE | P8ET | Ordinary Shares | Irish Stock Exchange | IE | EUR | 27. Sep 2006 | |
| OTCPK | PNFT.F | Ordinary Shares | Pink Sheets LLC | US | USD | 27. Sep 2006 | |
| DB | P8ET | Ordinary Shares | Deutsche Boerse AG | DE | EUR | 27. Sep 2006 | |
| AIM | PTR | Ordinary Shares | London Stock Exchange AIM Market | GB | GBP | 27. Sep 2006 |
Number of employees
Current staff
Industry
| Oil and Gas Exploration and Production | |
| Energy |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/02/17 22:17 |
| End of day share price update: | 2019/02/15 00:00 |
| Last estimates confirmation: | 2018/10/30 |
| Last earnings filing: | 2018/09/26 |
| 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.
