P/F Atlantic Petroleum, together with its subsidiaries, engages in the exploration, appraisal, development, and production of oil and gas properties in the Faroe Islands, the United Kingdom, Norway, and Ireland.
Undervalued with mediocre balance sheet.
Share Price & News
How has P/F Atlantic Petroleum's share price performed over time and what events caused price changes?
Latest Share Price and Events
7 Day Return
NO Oil and Gas
1 Year Return
NO Oil and Gas
Return vs Industry: ATLA NOK exceeded the Norwegian Oil and Gas industry which returned -23.4% over the past year.
Return vs Market: ATLA NOK exceeded the Norwegian Market which returned -8.7% over the past year.
Price Volatility Vs. Market
How volatile is P/F Atlantic Petroleum's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is P/F Atlantic Petroleum undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Undervalued: ATLA NOK (NOK8.5) is trading below our estimate of fair value (NOK125.34)
Significantly Undervalued: ATLA NOK is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ATLA NOK is good value based on its PE Ratio (2.6x) compared to the Oil and Gas industry average (22.1x).
PE vs Market: ATLA NOK is good value based on its PE Ratio (2.6x) compared to the Norwegian market (13.3x).
Price to Earnings Growth Ratio
Low PEG Ratio: Insufficient data to calculate ATLA NOK's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ATLA NOK is good value based on its PB Ratio (0.5x) compared to the NO Oil and Gas industry average (1x).
How is P/F Atlantic Petroleum forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 P/F Atlantic Petroleum 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.
- Examine whether P/F Atlantic Petroleum is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- P/F Atlantic Petroleum competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
How has P/F Atlantic Petroleum performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: ATLA NOK has become profitable over the past 5 years, growing earnings by 42.7% per year.
Accelerating Growth: ATLA NOK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ATLA NOK had negative earnings growth (-92.6%) over the past year, making it difficult to compare to the Oil and Gas industry average (29.3%).
Return on Equity
High ROE: ATLA NOK's Return on Equity (18.5%) is considered low.
Return on Assets
ROA vs Industry: ATLA NOK has a higher Return on Assets than the Oil and Gas industry average last year.
Return on Capital Employed
ROCE Improving: ATLA NOK's Return on Capital Employed has declined over the past 3 years.
How is P/F Atlantic Petroleum's financial position?
Financial Position Analysis
Short Term Liabilities: ATLA NOK's short term assets (DKK37.3M) do not cover its short term liabilities (DKK107.8M)
Long Term Liabilities: ATLA NOK's short term assets (37.3M) exceeds its long term liabilities (15.2M)
Debt to Equity History and Analysis
Debt Level: ATLA NOK's debt to equity ratio (162.8%) is considered high
Reducing Debt: ATLA NOK's debt to equity ratio has increased from 33.2% to 162.8% over the past 5 years.
Debt Coverage: ATLA NOK's debt is well covered by operating cash flow (30.9%).
Interest Coverage: ATLA NOK's interest payments on its debt are well covered by EBIT (4.1x coverage).
Inventory Level: ATLA NOK has a low level of unsold assets or inventory.
Debt Coverage by Assets: ATLA NOK's debt is not covered by short term assets (assets are 0.4x debt).
What is P/F Atlantic Petroleum's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: Unable to evaluate ATLA NOK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate ATLA NOK's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stable Dividend: Insufficient data to determine if ATLA NOK's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ATLA NOK's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ATLA NOK's dividend in 3 years as they are not forecast to pay a notable one for the Norwegian market.
What is the CEO of P/F Atlantic Petroleum's salary, the management and board of directors tenure and is there insider trading?
Average board tenure
Mark Højgaard 0
Mr. Mark T. Højgaard has been Chief Executive Officer of P/F Atlantic Petroleum since May 24, 2019. Mr. Højgaard is licensed as Certified Public Accountant in the Faroe Islands and has experience in auditi ...
Board Age and Tenure
Experienced Board: ATLA NOK's board of directors are not considered experienced ( 0.3 years average tenure), which suggests a new board.
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Head of Corporate Finance
- Tenure: 2.8yrs
Chief Executive Officer
- Tenure: 0.4yrs
Mourits Joensen (45yo)
- Tenure: 0.3yrs
- Compensation: ø1.02m
Ben Arabo (46yo)
- Tenure: 0.3yrs
- Compensation: ø1.25m
- Tenure: 0.3yrs
P/F Atlantic Petroleum's company bio, employee growth, exchange listings and data sources
- Name: P/F Atlantic Petroleum
- Ticker: ATLA NOK
- Exchange: OB
- Founded: 1998
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: ø25.700m
- Listing Market Cap: ø35.191m
- Shares outstanding: 3.70m
- Website: https://www.petroleum.fo
Number of Employees
- P/F Atlantic Petroleum
- Yviri við Strond 4
- PO Box 1228
- The Faroe Islands
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ATLA DKK||CPSE (OMX Nordic Exchange Copenhagen)||Yes||Ordinary Shares DKK 100||DK||DKK||May 2006|
|ATLA NOK||OB (Oslo Bors)||Yes||Ordinary Shares DKK 100||NO||NOK||May 2006|
|B3W||DB (Deutsche Boerse AG)||Yes||Ordinary Shares DKK 100||DE||EUR||May 2006|
P/F Atlantic Petroleum, together with its subsidiaries, engages in the exploration, appraisal, development, and production of oil and gas properties in the Faroe Islands, the United Kingdom, Norway, and Ir ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2019/10/19 21:47|
|End of Day Share Price||2019/10/18 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.