Golden Energy Offshore Services AS, together with its subsidiaries, engages in the shipping business in Europe and Africa. More Details
Adequate balance sheet and overvalued.
Share Price & News
How has Golden Energy Offshore Services's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GEOS-ME's share price has been volatile over the past 3 months.
7 Day Return
NO Oil and Gas
1 Year Return
NO Oil and Gas
Return vs Industry: GEOS-ME underperformed the Norwegian Oil and Gas industry which returned -26.3% over the past year.
Return vs Market: GEOS-ME underperformed the Norwegian Market which returned -7.7% over the past year.
Price Volatility Vs. Market
How volatile is Golden Energy Offshore Services's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StIs Golden Energy Offshore Services (OB:GEOS-ME) Weighed On By Its Debt Load?
5 months ago | Simply Wall StHow Many Golden Energy Offshore Services AS (OB:GEOS-ME) Shares Do Institutions Own?
7 months ago | Simply Wall StIntroducing Golden Energy Offshore Services (OB:GEOS-ME), The Stock That Slid 59% In The Last Year
Is Golden Energy Offshore Services undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate GEOS-ME's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate GEOS-ME's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: GEOS-ME is unprofitable, so we can't compare its PE Ratio to the NO Oil and Gas industry average.
PE vs Market: GEOS-ME is unprofitable, so we can't compare its PE Ratio to the Norwegian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GEOS-ME's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GEOS-ME is good value based on its PB Ratio (0.1x) compared to the NO Oil and Gas industry average (0.6x).
How is Golden Energy Offshore Services 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 Golden Energy Offshore Services 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 Golden Energy Offshore Services'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.
- Golden Energy Offshore Services competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
How has Golden Energy Offshore Services performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GEOS-ME is currently unprofitable.
Growing Profit Margin: GEOS-ME is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GEOS-ME is unprofitable, but has reduced losses over the past 5 years at a rate of 26.9% per year.
Accelerating Growth: Unable to compare GEOS-ME's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GEOS-ME is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (699.5%).
Return on Equity
High ROE: GEOS-ME has a negative Return on Equity (-35.85%), as it is currently unprofitable.
How is Golden Energy Offshore Services's financial position?
Financial Position Analysis
Short Term Liabilities: GEOS-ME's short term assets (NOK33.3M) do not cover its short term liabilities (NOK152.3M).
Long Term Liabilities: GEOS-ME's short term assets (NOK33.3M) do not cover its long term liabilities (NOK192.1M).
Debt to Equity History and Analysis
Debt Level: GEOS-ME is debt free.
Reducing Debt: GEOS-ME has no debt compared to 5 years ago when its debt to equity ratio was 266.3%.
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: Whilst unprofitable GEOS-ME has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GEOS-ME is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 17.9% per year.
What is Golden Energy Offshore Services's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GEOS-ME's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GEOS-ME'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 GEOS-ME's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GEOS-ME'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 GEOS-ME's dividend in 3 years as they are not forecast to pay a notable one for the Norwegian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Per Ivar Fagervoll serves as the Chairman and Chief Executive Officer of Golden Energy Offshore AS. Mr. Fagervoll serves as QHSE - Charter Manager of Siem Rovde AS (Rovde Shipping As). He has been a Di ...
|CEO & Director||no data||no data||1.18% |
|Chairman of the Board||2.67yrs||no data||no data|
|Director||0.083yr||no data||no data|
Experienced Board: GEOS-ME's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 29%.
Golden Energy Offshore Services AS's company bio, employee growth, exchange listings and data sources
- Name: Golden Energy Offshore Services AS
- Ticker: GEOS-ME
- Exchange: OB
- Founded: 2013
- Industry: Oil and Gas Storage and Transportation
- Sector: Energy
- Market Cap: kr27.404m
- Shares outstanding: 45.67m
- Website: https://www.geoff.no
- Golden Energy Offshore Services AS
- St Olavs Plass 1
- Møre og Romsdal
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GEOS-ME||OB (Oslo Bors)||Yes||Share Capital||NO||NOK||Apr 2018|
Golden Energy Offshore Services AS, together with its subsidiaries, engages in the shipping business in Europe and Africa. The company owns 4 platform supply vessels. Golden Energy Offshore Services AS was ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/22 22:35|
|End of Day Share Price||2020/10/22 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.