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Providence Resources

ISE:PZQA
Snowflake Description

Flawless balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PZQA
ISE
€90M
Market Cap
  1. Home
  2. IE
  3. Energy
Company description

Providence Resources P.l.c. operates as an oil and gas exploration company. The last earnings update was 212 days ago. More info.


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  • Providence Resources has significant price volatility in the past 3 months.
PZQA Share Price and Events
7 Day Returns
-5.9%
ISE:PZQA
0.1%
Europe Oil and Gas
3%
IE Market
1 Year Returns
14.9%
ISE:PZQA
7.4%
Europe Oil and Gas
-4.4%
IE Market
PZQA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Providence Resources (PZQA) -5.9% -4.1% -5.9% 14.9% -16.4% -94.1%
Europe Oil and Gas 0.1% 1.4% 5.2% 7.4% 31.8% 13.5%
IE Market 3% 5.3% 12.7% -4.4% 10.6% 47.1%
1 Year Return vs Industry and Market
  • PZQA outperformed the Oil and Gas industry which returned 7.4% over the past year.
  • PZQA outperformed the Market in Ireland which returned -4.4% over the past year.
Price Volatility
PZQA
Industry
5yr Volatility vs Market

PZQA Value

 Is Providence Resources 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
  • It is not possible to calculate the future cash flow value for Providence Resources. This is due to cash flow or dividend data being unavailable. The share price is €0.1505.
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 Providence Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Providence Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ISE:PZQA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in EUR €-0.03
ISE:PZQA Share Price ** ISE (2019-04-17) in EUR €0.15
Europe Oil and Gas Industry PE Ratio Median Figure of 89 Publicly-Listed Oil and Gas Companies 10.89x
Ireland Market PE Ratio Median Figure of 23 Publicly-Listed Companies 11.76x

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

** Primary Listing of Providence Resources.

ISE:PZQA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ISE:PZQA Share Price ÷ EPS (both in EUR)

= 0.15 ÷ -0.03

-4.65x

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

  • Providence Resources is loss making, we can't compare its value to the Europe Oil and Gas industry average.
  • Providence Resources is loss making, we can't compare the value of its earnings to the Ireland market.
Price based on expected Growth
Does Providence Resources's expected growth come at a high price?
Raw Data
ISE:PZQA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -4.65x
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 58 Publicly-Listed Oil and Gas Companies 0.99x
Ireland Market PEG Ratio Median Figure of 19 Publicly-Listed Companies 1.01x

*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 Providence Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Providence Resources's assets?
Raw Data
ISE:PZQA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in EUR €0.14
ISE:PZQA Share Price * ISE (2019-04-17) in EUR €0.15
Europe Oil and Gas Industry PB Ratio Median Figure of 186 Publicly-Listed Oil and Gas Companies 0.9x
Ireland Market PB Ratio Median Figure of 33 Publicly-Listed Companies 1.31x
ISE:PZQA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ISE:PZQA Share Price ÷ Book Value per Share (both in EUR)

= 0.15 ÷ 0.14

1.08x

* Primary Listing of Providence Resources.

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

  • Providence Resources is overvalued based on assets compared to the Europe Oil and Gas industry average.
X
Value checks
We assess Providence Resources'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. Providence Resources has a total score of 0/6, 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.

PZQA Future Performance

 How is Providence Resources expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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 Providence 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
7.8%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Providence Resources expected to grow at an attractive rate?
  • Unable to compare Providence Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Providence Resources's earnings growth to the Ireland market average as no estimate data is available.
  • Unable to compare Providence Resources's revenue growth to the Ireland market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ISE:PZQA Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 7.8%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 1.9%
Ireland Market Earnings Growth Rate Market Cap Weighted Average 12.6%
Ireland Market Revenue Growth Rate Market Cap Weighted Average 5.2%

*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
ISE:PZQA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ISE:PZQA Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 0 -4 1
2020-12-31 0 -3 1
2019-12-31 0 -3 1
2018-12-31 0 -3 1
ISE:PZQA Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-06-30 -5 -19
2018-03-31 -3 -20
2017-12-31 -1 -20
2017-09-30 -5 -20
2017-06-30 -8 -20
2017-03-31 -10 -20
2016-12-31 -12 -21
2016-09-30 -8 -20
2016-06-30 -4 -20
2016-03-31 -9 -22
2015-12-31 -15 -24
2015-09-30 -20 -20

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Providence Resources is high growth as no earnings estimate data is available.
  • Unable to determine if Providence Resources is high growth as no revenue estimate data is available.
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
ISE:PZQA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Providence Resources Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ISE:PZQA Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31
2020-12-31
2019-12-31
2018-12-31
ISE:PZQA Past Financials Data
Date (Data in EUR Millions) EPS *
2018-06-30 -0.03
2018-03-31 -0.03
2017-12-31 -0.03
2017-09-30 -0.03
2017-06-30 -0.03
2017-03-31 -0.04
2016-12-31 -0.06
2016-09-30 -0.08
2016-06-30 -0.14
2016-03-31 -0.17
2015-12-31 -0.20
2015-09-30 -0.19

*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 Providence Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Providence Resources's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Providence Resources's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  3. Providence Resources's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Providence Resources'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 Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe 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.
Providence Resources has a total score of 0/6, 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.

PZQA Past Performance

  How has Providence Resources performed over the past 5 years?

  • Providence Resources's last earnings update was 212 days ago.
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 Providence Resources'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.
  • Providence Resources does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Providence Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Providence Resources's 1-year growth to the Europe Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Providence Resources'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 Providence Resources Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ISE:PZQA Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 -19.35 4.41
2018-03-31 -19.88 5.45
2017-12-31 -20.42 6.49
2017-09-30 -19.98 6.03
2017-06-30 -19.55 5.57
2017-03-31 -20.05 4.63
2016-12-31 -20.55 3.69
2016-09-30 -20.35 4.31
2016-06-30 -20.15 4.93
2016-03-31 -22.14 5.68
2015-12-31 -24.14 6.44
2015-09-30 -20.34 6.57
2015-06-30 -16.54 6.70
2015-03-31 -14.01 6.41
2014-12-31 -11.49 6.12
2014-09-30 -9.49 5.97
2014-06-30 -7.50 5.83
2014-03-31 -7.63 6.16
2013-12-31 -7.77 6.48
2013-09-30 -6.67 5.13
2013-06-30 -5.56 3.77
2013-03-31 -6.90 3.85
2012-12-31 -8.23 3.94
2012-06-30 -5.72 -4.23 3.21

*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 Providence 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 Providence 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 Providence Resources 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 Providence Resources'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.
Providence 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.

PZQA Health

 How is Providence 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 Providence Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Providence Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Providence Resources's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Providence Resources'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.
  • Providence Resources has no debt, it does not need to be covered by short term assets.
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 Providence Resources Company Filings, last reported 9 months ago.

ISE:PZQA Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 83.16 0.00 12.36
2018-03-31 83.16 0.00 12.36
2017-12-31 83.70 0.00 19.60
2017-09-30 83.70 0.00 19.60
2017-06-30 103.28 0.00 36.40
2017-03-31 103.28 0.00 36.40
2016-12-31 111.32 0.00 31.40
2016-09-30 111.32 0.00 31.40
2016-06-30 62.24 19.55 0.52
2016-03-31 62.24 19.55 0.52
2015-12-31 68.94 18.29 6.52
2015-09-30 68.94 18.29 6.52
2015-06-30 83.55 15.61 11.29
2015-03-31 83.55 15.61 11.29
2014-12-31 61.59 19.35 5.26
2014-09-30 61.59 19.35 5.26
2014-06-30 67.53 16.85 18.04
2014-03-31 67.53 16.85 18.04
2013-12-31 70.82 0.00 9.00
2013-09-30 70.82 0.00 9.00
2013-06-30 72.95 0.00 23.82
2013-03-31 72.95 0.00 23.82
2012-12-31 68.10 0.00 16.83
2012-06-30 54.63 44.04 41.15
  • Providence Resources has no debt.
  • Providence Resources had no debt 5 years ago.
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.

  • Providence Resources has sufficient cash runway for 2.6 years based on current free cash flow.
  • Providence Resources has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -37.8% each year.
X
Financial health checks
We assess Providence Resources'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. Providence Resources has a total score of 6/6, 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.

PZQA Dividends

 What is Providence 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
Dividend payments
0%
Current annual income from Providence Resources dividends.
If you bought €2,000 of Providence Resources shares you are expected to receive €0 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?
  • Unable to evaluate Providence Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Providence 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.
Raw Data
ISE:PZQA 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 1 Analyst Estimates (S&P Global) See Below
Europe Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 61 Stocks 5.1%
Ireland Market Average Dividend Yield Market Cap Weighted Average of 21 Stocks 2.3%
Ireland Minimum Threshold Dividend Yield 10th Percentile 1.2%
Ireland Bottom 25% Dividend Yield 25th Percentile 2.1%
Ireland Top 25% Dividend Yield 75th Percentile 4%

Industry and Market average data is calculated daily.

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

ISE:PZQA Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
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 Providence Resources has not reported any payouts.
  • Unable to verify if Providence Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Providence Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Providence Resources has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Providence Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - 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 Providence Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Providence 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.

PZQA Management

 What is the CEO of Providence Resources'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
Tony O’Reilly
COMPENSATION €412,000
AGE 51
TENURE AS CEO 13.6 years
CEO Bio

Mr. Anthony O’Reilly, also known as Tony, Jr., BA, has been Chief Executive Officer at Providence Resources Plc since September 1, 2005. Mr. O'Reilly joined Wedgwood as Deputy Chief Executive in 2001. He is Owner of Fitzwilton Limited. He served as Chief Executive Officer of Wedgwood, a division of Waterford Wedgwood plc. from November 7, 2001 to September 1, 2005. Mr. O'Reilly served as Chief Executive Officer at Lundin Mining Exploration Limited from October 1996 to December 2000. Mr. O'Reilly worked in mergers & acquisitions at Dillon Read, the investment bank and in corporate finance at Coopers & Lybrand, advising natural resource companies. He is the Non-Executive Chairman and Chairman of Remuneration Committee at Lundin Mining Exploration Limited. He serves as Deputy Chairman of Providence Resources Plc and has been its Director since 1997. He has been a Director of Providence since its foundation on demerger from ARCON in 1997. He serves as a Director of Lundin Mining Exploration Limited. He serves as Non-Executive Director of Independent News and Media Plc., and a number of other companies. His other non-executive Directorships include Lockwood Financial Group Inc., Fitzwilton Limited Resources plc and E-Mat Inc. He served as a Director of Waterford Wedgwood plc from December 16, 1998 to September 1, 2005. Mr. O'Reilly is a graduate of Brown University in Rhode Island.

CEO Compensation
  • Tony's compensation has been consistent with company performance over the past year.
  • Tony's remuneration is lower than average for companies of similar size in Ireland.
Management Team Tenure

Average tenure of the Providence Resources management team in years:

7.9
Average Tenure
  • The average tenure for the Providence Resources management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Tony O’Reilly

TITLE
CEO & Director
COMPENSATION
€412K
AGE
51
TENURE
13.6 yrs

John O'Sullivan

TITLE
Technical Director & Director
COMPENSATION
€358K
TENURE
8.9 yrs

Críona Ryan

TITLE
Company Secretary
TENURE
3.1 yrs

Simon Brett

TITLE
Chief Financial Officer
TENURE
6.9 yrs

Fergus Roe

TITLE
Operations Manager

Fergal Murphy

TITLE
Geophysical Consultant
Board of Directors Tenure

Average tenure and age of the Providence Resources board of directors in years:

10.6
Average Tenure
57.5
Average Age
  • The average tenure for the Providence Resources board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Pat Plunkett

TITLE
Non-Executive Chairman
COMPENSATION
€25K
AGE
67
TENURE
2.5 yrs

Tony O’Reilly

TITLE
CEO & Director
COMPENSATION
€412K
AGE
51
TENURE
22.3 yrs

John O'Sullivan

TITLE
Technical Director & Director
COMPENSATION
€358K
TENURE
8.9 yrs

James S. McCarthy

TITLE
Non-Executive Director
COMPENSATION
€51K
AGE
59
TENURE
13.9 yrs

Lex Gamble

TITLE
Non-Executive Director
COMPENSATION
€34K
AGE
80
TENURE
13.7 yrs

Philip O'Quigley

TITLE
Non-Executive Director
COMPENSATION
€34K
AGE
54
TENURE
10.6 yrs

Angus McCoss

TITLE
Senior Independent Director
AGE
56
TENURE
0.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Providence Resources'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. Providence 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.

PZQA News

Simply Wall St News

Investors Who Bought Providence Resources (ISE:PZQA) Shares Five Years Ago Are Now Down 94%

(ISE:PZQA) shareholders should be happy to see the share price up 24% in the last quarter. … Providence Resources hasn't yet reported any revenue yet, so it's as much a business idea as an actual business. … Some Providence Resources investors have already had a taste of the bitterness stocks like this can leave in the mouth.

Simply Wall St -

How Providence Resources Plc (ISE:PZQA) Can Impact Your Portfolio Volatility

If you are a shareholder in Providence Resources Plc’s (ISE:PZQA), or are thinking about investing in the company, knowing how it contributes to the risk and reward profile of your portfolio is important. … Generally, an investor should consider two types of risk that impact the market value of PZQA. … The second risk is market-wide, which arises from investing in the stock market.

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Who Owns Most Of Providence Resources Plc (ISE:PZQA)?

Insider Ownership Another important group of shareholders are company insiders. … This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … Thus, investors should dig deeper into PZQA's business relations with these companies and how it can affect shareholder returns in the long-term.Next Steps: PZQA's considerably high level of institutional ownership calls for further analysis into its margin of safety.

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Providence Resources Plc (ISE:PZQA): How Does It Impact Your Portfolio?

An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive. … I test PZQA’s ratio of fixed assets to total assets in order to determine how high the risk is associated with this type of constraint. … As a result, this aspect of PZQA indicates a higher beta than a similar size company with a lower portion of fixed assets on their balance sheet.

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PZQA Company Info

Description

Providence Resources P.l.c. operates as an oil and gas exploration company. The company operates through two segments, UK Exploration Assets and Republic of Ireland Exploration Assets. Its exploration assets are located in the Celtic Sea Basin, Kish Bank Basin, Northern Porcupine Basin, Southern Porcupine Basin, Goban Spur Basin, and St. George’s Basin. The company was founded in 1981 and is headquartered in Dublin, Ireland.

Details
Name: Providence Resources P.l.c.
PZQA
Exchange: ISE
Founded: 1981
€89,947,673
597,658,958
Website: http://www.providenceresources.com
Address: Providence Resources P.l.c.
Airfield House,
Airfield Park,
Dublin,
Co. Dublin, D04 CP49,
Ireland
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ISE PZQA Ordinary Shares Irish Stock Exchange IE EUR 09. Sep 1997
OTCPK PVDR.F Ordinary Shares Pink Sheets LLC US USD 09. Sep 1997
DB PZQA Ordinary Shares Deutsche Boerse AG DE EUR 09. Sep 1997
AIM PVR Ordinary Shares London Stock Exchange AIM Market GB GBP 09. Sep 1997
Number of employees
Current staff
Staff numbers
14
Providence Resources employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/20 21:19
End of day share price update: 2019/04/17 00:00
Last estimates confirmation: 2019/03/22
Last earnings filing: 2018/09/20
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.