| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 0/6 |
P8ET Stock Overview
PetroNeft Resources plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas properties in Russia.
PetroNeft Resources Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €0.011 |
| 52 Week High | €0.055 |
| 52 Week Low | €0.01 |
| Beta | -0.63 |
| 1 Month Change | -19.23% |
| 3 Month Change | -46.15% |
| 1 Year Change | -78.13% |
| 3 Year Change | 5.00% |
| 5 Year Change | -47.50% |
| Change since IPO | -96.82% |
Recent News & Updates
It Looks Like Shareholders Would Probably Approve PetroNeft Resources plc's (ISE:P8ET) CEO Compensation Package
We have been pretty impressed with the performance at PetroNeft Resources plc ( ISE:P8ET ) recently and CEO David Sturt...
Shareholder Returns
| P8ET | IE Oil and Gas | IE Market | |
|---|---|---|---|
| 7D | 5.0% | 1.6% | 1.0% |
| 1Y | -78.1% | 2.4% | -18.3% |
Return vs Industry: P8ET underperformed the Irish Oil and Gas industry which returned 2.4% over the past year.
Return vs Market: P8ET underperformed the Irish Market which returned -18.3% over the past year.
Price Volatility
| P8ET volatility | |
|---|---|
| P8ET Average Weekly Movement | n/a |
| Oil and Gas Industry Average Movement | 7.4% |
| Market Average Movement | 5.6% |
| 10% most volatile stocks in IE Market | 9.3% |
| 10% least volatile stocks in IE Market | 3.9% |
Stable Share Price: Insufficient data to determine P8ET's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine P8ET's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2003 | 32 | David Sturt | https://www.petroneft.com |
PetroNeft Resources plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas properties in Russia. The company primarily holds 50% operating interest in Licence 61 that covers 4,991 square kilometers in the Tomsk Oblast; and 90% 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 Fundamentals Summary
| P8ET fundamental statistics | |
|---|---|
| Market Cap | US$11.54m |
| Earnings (TTM) | -US$4.03m |
| Revenue (TTM) | US$3.17m |
3.6x
P/S Ratio-2.9x
P/E RatioIs P8ET overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| P8ET income statement (TTM) | |
|---|---|
| Revenue | US$3.17m |
| Cost of Revenue | US$2.46m |
| Gross Profit | US$709.08k |
| Other Expenses | US$4.74m |
| Earnings | -US$4.03m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.0038 |
| Gross Margin | 22.35% |
| Net Profit Margin | -127.17% |
| Debt/Equity Ratio | 25.5% |
How did P8ET perform over the long term?
See historical performance and comparisonValuation
Is P8ET undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for P8ET?
Other financial metrics that can be useful for relative valuation.
| What is P8ET's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | US$11.54m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 5.6x |
| Enterprise Value/EBITDA | -47.4x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does P8ET's PS Ratio compare to its peers?
| P8ET PS Ratio vs Peers |
|---|
| Company | PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 5.6x | ||
AJQ Armour Energy | 0.9x | n/a | AU$15.8m |
BLOE Block Energy | 2x | n/a | UK£9.9m |
GULT.U Gulf Coast Ultra Deep Royalty Trust | 6.4x | n/a | US$10.8m |
LIO Lion Energy | 13.2x | n/a | AU$17.5m |
P8ET PetroNeft Resources | 3.6x | n/a | €11.3m |
Price-To-Sales vs Peers: P8ET is good value based on its Price-To-Sales Ratio (3.6x) compared to the peer average (5.6x).
Price to Earnings Ratio vs Industry
How does P8ET's PE Ratio compare vs other companies in the European Oil and Gas Industry?
Price-To-Sales vs Industry: P8ET is expensive based on its Price-To-Sales Ratio (3.6x) compared to the European Oil and Gas industry average (1.4x)
Price to Sales Ratio vs Fair Ratio
What is P8ET's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 3.6x |
| Fair PS Ratio | n/a |
Price-To-Sales vs Fair Ratio: Insufficient data to calculate P8ET's Price-To-Sales Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of P8ET when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate P8ET's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate P8ET's fair value for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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Future Growth
How is PetroNeft Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
-8.9%
Forecasted Energy industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as PetroNeft Resources has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
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- Take a look at our analysis of P8ET’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- PetroNeft Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has PetroNeft Resources performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
40.3%
Last years earnings growth
Earnings and Revenue History
Quality Earnings: P8ET is currently unprofitable.
Growing Profit Margin: P8ET is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if P8ET's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare P8ET's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: P8ET is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (119.5%).
Return on Equity
High ROE: P8ET has a negative Return on Equity (-13.52%), as it is currently unprofitable.
Discover strong past performing companies
Financial Health
How is PetroNeft Resources's financial position?
Financial Health Score
1/6Financial Health Score 1/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: P8ET's short term assets ($3.8M) do not cover its short term liabilities ($6.1M).
Long Term Liabilities: P8ET's short term assets ($3.8M) do not cover its long term liabilities ($9.9M).
Debt to Equity History and Analysis
Debt Level: P8ET's net debt to equity ratio (21.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if P8ET's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
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.
Stable Cash Runway: Insufficient data to determine if P8ET has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if P8ET has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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Dividend
What is PetroNeft Resources's current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate P8ET's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate P8ET's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if P8ET's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if P8ET's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as P8ET has not reported any payouts.
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Management
How experienced are the management team and are they aligned to shareholders interests?
2.4yrs
Average management tenure
CEO
David Sturt (60 yo)
3.42yrs
Tenure
US$458,817
Compensation
Mr. David Sturt has been the Chief Executive Officer of PetroNeft Resources plc since March 25, 2019. Mr. Sturt has been a Senior Vice President at Azimuth Limited since 2012. Mr. Sturt serves as the Chief...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether David's total compensation is reasonable compared to companies of similar size in the Irish market.
Compensation vs Earnings: David's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: P8ET's management team is considered experienced (2.4 years average tenure).
Board Members
Experienced Board: P8ET's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.
Ownership
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
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.5%.
Top Shareholders
Company Information
PetroNeft Resources plc's employee growth, exchange listings and data sources
Key Information
- Name: PetroNeft Resources plc
- Ticker: P8ET
- Exchange: ISE
- Founded: 2003
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Implied Market Cap: €11.254m
- Shares outstanding: 1.07b
- Website: https://www.petroneft.com
Number of Employees
Location
- PetroNeft Resources plc
- 20 Holles Street
- Dublin
- Co. Dublin
- 2
- Ireland
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/08/14 00:00 |
| End of Day Share Price | 2022/08/12 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.