RAK Petroleum plc operates as an oil and gas investment company.
Outstanding track record and undervalued.
Share Price & News
How has RAK Petroleum's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RAKP'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: RAKP underperformed the Norwegian Oil and Gas industry which returned -34.9% over the past year.
Return vs Market: RAKP underperformed the Norwegian Market which returned -21.8% over the past year.
Price Volatility Vs. Market
How volatile is RAK Petroleum's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StIs RAK Petroleum plc's (OB:RAKP) CEO Paid Enough Relative To Peers?
1 month ago | Simply Wall StHow Much Of RAK Petroleum plc (OB:RAKP) Do Insiders Own?
1 month ago | Simply Wall StHere's How P/E Ratios Can Help Us Understand RAK Petroleum plc (OB:RAKP)
Is RAK Petroleum undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RAKP (NOK5.3) is trading below our estimate of fair value (NOK30.6)
Significantly Below Fair Value: RAKP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RAKP is good value based on its PE Ratio (0.9x) compared to the Oil and Gas industry average (7x).
PE vs Market: RAKP is good value based on its PE Ratio (0.9x) compared to the Norwegian market (10.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RAKP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RAKP is good value based on its PB Ratio (0.2x) compared to the NO Oil and Gas industry average (0.5x).
How is RAK 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 RAK 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 RAK 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.
- RAK 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 RAK Petroleum performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RAKP has high quality earnings.
Growing Profit Margin: RAKP's current net profit margins (18.3%) are higher than last year (17.3%).
Past Earnings Growth Analysis
Earnings Trend: RAKP's earnings have grown significantly by 70% per year over the past 5 years.
Accelerating Growth: RAKP's earnings growth over the past year (122.6%) exceeds its 5-year average (70% per year).
Earnings vs Industry: RAKP earnings growth over the past year (122.6%) exceeded the Oil and Gas industry 39.2%.
Return on Equity
High ROE: RAKP's Return on Equity (25.9%) is considered high.
How is RAK Petroleum's financial position?
Financial Position Analysis
Short Term Liabilities: RAKP's short term assets ($1.1B) exceed its short term liabilities ($317.4M).
Long Term Liabilities: RAKP's short term assets ($1.1B) do not cover its long term liabilities ($1.7B).
Debt to Equity History and Analysis
Debt Level: RAKP's debt to equity ratio (67%) is considered high.
Reducing Debt: RAKP's debt to equity ratio has increased from 0.01% to 67% over the past 5 years.
Debt Coverage: RAKP's debt is well covered by operating cash flow (35.5%).
Interest Coverage: RAKP's interest payments on its debt are well covered by EBIT (6.2x coverage).
What is RAK Petroleum's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RAKP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate RAKP's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if RAKP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RAKP's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of RAKP's dividend in 3 years as they are not forecast to pay a notable one for the Norwegian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bijan Mossavar-Rahmani (67yo)
Mr. Bijan Mossavar-Rahmani serves as the Chief Executive Officer of RAK Petroleum plc since and has been its Executive Chairman May 2010. Mr. Mossavar-Rahmani serves as the Chief Executive Officer of Mond ...
CEO Compensation Analysis
Compensation vs Market: Bijan's total compensation ($USD1.75M) is above average for companies of similar size in the Norwegian market ($USD502.83K).
Compensation vs Earnings: Bijan's compensation has been consistent with company performance over the past year.
|Executive Chairman & CEO||10.08yrs||US$1.75m||25.59% $401.9m|
|CFO & COO||2.92yrs||US$605.25k||0.12% $1.9m|
|MD & General Counsel||6.67yrs||US$650.00k||0.10% $1.6m|
|Chief of Staff & Deputy General Counsel||1.42yrs||US$239.62k||no data|
Experienced Management: RAKP's management team is considered experienced (3 years average tenure).
|Executive Chairman & CEO||10.08yrs||US$1.75m||25.59% $401.9m|
|Non-Executive Director||11.25yrs||US$50.00k||no data|
|Non-Executive Director||10.25yrs||US$50.00k||no data|
|Non-Executive Director||4.83yrs||US$50.00k||no data|
|Non-Executive Director||3.83yrs||US$50.00k||no data|
Experienced Board: RAKP's board of directors are seasoned and experienced ( 10.1 years average tenure).
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 not been meaningfully diluted in the past year.
RAK Petroleum plc's company bio, employee growth, exchange listings and data sources
- Name: RAK Petroleum plc
- Ticker: RAKP
- Exchange: OB
- Founded: 2005
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: kr1.570b
- Shares outstanding: 296.28m
- Website: https://www.rakpetroleum.uk
Number of Employees
- RAK Petroleum plc
- Elder House
- St Georges Business Park
- KT13 0TS
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|RAKP||OB (Oslo Bors)||Yes||Class A Shares||NO||NOK||Nov 2014|
|0R47||LSE (London Stock Exchange)||Yes||Class A Shares||GB||NOK||Nov 2014|
|RAKPO||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Class A Shares||GB||NOK||Nov 2014|
|R8P||DB (Deutsche Boerse AG)||Yes||Class A Shares||DE||EUR||Nov 2014|
RAK Petroleum plc operates as an oil and gas investment company. The company primarily holds 40.45 % interests in DNO ASA that holds stakes in onshore and offshore licenses at various stages of exploration, development, and production in the Kurdistan Region of Iraq, Norway, Oman, Yemen, and the United Kingdom. It also holds 33.33 % interests in Foxtrot International LDC, which operates offshore Block CI-27 comprising two producing gas fields in Foxtrot and Mahi; and Block CI-502 and Block CI-12 offshore exploration licenses. The company was founded in 2005 and is based in Weybridge, the United Kingdom.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/10 06:23|
|End of Day Share Price||2020/04/08 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.