UK Oil & Gas PLC
UK Oil & Gas PLC operates as an oil and gas exploration and production company. It holds interest in the Loxley, Horse Hill, Horndean, Avington, Broadford Bridge, and Portland gas storage fields in the United Kingdom; and Basur-Resan field in Turkey. The company was incorporated in 2004 and is based in London, the United Kingdom.
UK Oil & Gas PLC (UKOG) - Net Assets
Latest net assets as of March 2024: GBX33.29 Million GBX
Based on the latest financial reports, UK Oil & Gas PLC (UKOG) has net assets worth GBX33.29 Million GBX as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX39.24 Million) and total liabilities (GBX5.95 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX33.29 Million |
| % of Total Assets | 84.85% |
| Annual Growth Rate | N/A |
| 5-Year Change | -19.87% |
| 10-Year Change | 795.04% |
| Growth Volatility | 89.05 |
UK Oil & Gas PLC - Net Assets Trend (2002–2023)
This chart illustrates how UK Oil & Gas PLC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for UK Oil & Gas PLC (2002–2023)
The table below shows the annual net assets of UK Oil & Gas PLC from 2002 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-09-30 | GBX32.69 Million | -8.98% |
| 2022-09-30 | GBX35.91 Million | -4.24% |
| 2021-09-30 | GBX37.50 Million | +10.12% |
| 2020-09-30 | GBX34.06 Million | -16.51% |
| 2019-09-30 | GBX40.79 Million | +10.89% |
| 2018-09-30 | GBX36.79 Million | +58.80% |
| 2017-09-30 | GBX23.17 Million | +31.86% |
| 2016-09-30 | GBX17.57 Million | +62.95% |
| 2015-09-30 | GBX10.78 Million | +195.24% |
| 2014-09-30 | GBX3.65 Million | +256.29% |
| 2012-09-30 | GBX1.02 Million | -67.88% |
| 2011-09-30 | GBX3.19 Million | +17.27% |
| 2010-09-30 | GBX2.72 Million | -15.52% |
| 2009-09-30 | GBX3.22 Million | -44.84% |
| 2008-09-30 | GBX5.84 Million | -17.09% |
| 2007-09-30 | GBX7.04 Million | -33.37% |
| 2006-09-30 | GBX10.57 Million | -38.12% |
| 2005-09-30 | GBX17.08 Million | +219.57% |
| 2004-09-30 | GBX5.35 Million | +6.43% |
| 2003-09-30 | GBX5.02 Million | +265.94% |
| 2002-09-30 | GBX-3.03 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to UK Oil & Gas PLC's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 8857300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX13.81 Million | 40.60% |
| Other Comprehensive Income | GBX2.04 Million | 6.00% |
| Other Components | GBX110.92 Million | 326.13% |
| Total Equity | GBX34.01 Million | 100.00% |
UK Oil & Gas PLC Competitors by Market Cap
The table below lists competitors of UK Oil & Gas PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Roquefort Investments PLC
LSE:ROQ
|
$204.19 |
|
AFRICAN DISTILLERS LIMITED
XZIM:AFDS
|
$205.98 |
|
EPE Special Opportunities Limited
LSE:ESO
|
$206.21 |
|
El Kahera Housing
EGX:ELKA
|
$206.31 |
|
D. S Industries Ltd
KAR:DSIL
|
$203.66 |
|
Gulistan Spinning Mills Limited
KAR:GUSM
|
$203.58 |
|
Fintech SA
WAR:FTH
|
$203.56 |
|
Holiday Island Holdings Inc
PINK:HIHI
|
$203.51 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in UK Oil & Gas PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 36,942,000 to 34,009,000, a change of -2,933,000 (-7.9%).
- Net loss of 3,777,000 reduced equity.
- Other comprehensive income increased equity by 294,000.
- Other factors increased equity by 550,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-3.78 Million | -11.11% |
| Other Comprehensive Income | GBX294.00K | +0.86% |
| Other Changes | GBX550.00K | +1.62% |
| Total Change | GBX- | -7.94% |
Book Value vs Market Value Analysis
This analysis compares UK Oil & Gas PLC's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.67x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-09-30 | GBX-0.59 | GBX0.01 | x |
| 2003-09-30 | GBX0.97 | GBX0.01 | x |
| 2004-09-30 | GBX2.43 | GBX0.01 | x |
| 2005-09-30 | GBX3.89 | GBX0.01 | x |
| 2006-09-30 | GBX1.95 | GBX0.01 | x |
| 2007-09-30 | GBX1.20 | GBX0.01 | x |
| 2008-09-30 | GBX0.46 | GBX0.01 | x |
| 2009-09-30 | GBX0.17 | GBX0.01 | x |
| 2010-09-30 | GBX0.10 | GBX0.01 | x |
| 2011-09-30 | GBX0.07 | GBX0.01 | x |
| 2012-09-30 | GBX0.01 | GBX0.01 | x |
| 2013-09-30 | GBX0.00 | GBX0.01 | x |
| 2014-09-30 | GBX0.00 | GBX0.01 | x |
| 2015-09-30 | GBX0.01 | GBX0.01 | x |
| 2016-09-30 | GBX0.01 | GBX0.01 | x |
| 2017-09-30 | GBX0.01 | GBX0.01 | x |
| 2018-09-30 | GBX0.01 | GBX0.01 | x |
| 2019-09-30 | GBX0.07 | GBX0.01 | x |
| 2020-09-30 | GBX0.04 | GBX0.01 | x |
| 2021-09-30 | GBX0.03 | GBX0.01 | x |
| 2022-09-30 | GBX0.02 | GBX0.01 | x |
| 2023-09-30 | GBX0.02 | GBX0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently UK Oil & Gas PLC utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -11.11%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -245.58%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.16x
- Recent ROE (-11.11%) is above the historical average (-52.14%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 0.00% | -2472.64% | 0.02x | 0.00x | GBX-2.32 Million |
| 2003 | -52.86% | -1295.12% | 0.04x | 1.10x | GBX-3.16 Million |
| 2004 | -70.24% | -447.56% | 0.14x | 1.16x | GBX-4.29 Million |
| 2005 | -31.68% | -193.15% | 0.14x | 1.14x | GBX-7.12 Million |
| 2006 | -64.45% | -169.39% | 0.31x | 1.24x | GBX-7.87 Million |
| 2007 | -79.95% | -279.32% | 0.24x | 1.21x | GBX-6.34 Million |
| 2008 | -76.52% | -240.47% | 0.26x | 1.25x | GBX-5.05 Million |
| 2009 | -86.46% | -99.08% | 0.61x | 1.43x | GBX-3.11 Million |
| 2010 | -100.62% | -94.77% | 0.69x | 1.54x | GBX-3.01 Million |
| 2011 | -89.41% | -129.98% | 0.51x | 1.35x | GBX-3.17 Million |
| 2012 | -223.02% | -77.05% | 0.83x | 3.48x | GBX-2.39 Million |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | GBX-2.47 Million |
| 2014 | -24.84% | -12957.14% | 0.00x | 1.14x | GBX-1.27 Million |
| 2015 | -15.72% | -706.25% | 0.02x | 1.07x | GBX-2.77 Million |
| 2016 | -11.22% | -1305.96% | 0.01x | 1.05x | GBX-3.73 Million |
| 2017 | -9.79% | -1095.65% | 0.01x | 1.18x | GBX-4.58 Million |
| 2018 | -46.34% | -7443.11% | 0.01x | 1.24x | GBX-20.36 Million |
| 2019 | -13.98% | -2670.89% | 0.00x | 1.35x | GBX-9.76 Million |
| 2020 | -112.83% | -4217.84% | 0.02x | 1.18x | GBX-41.69 Million |
| 2021 | -12.92% | -312.61% | 0.04x | 1.14x | GBX-8.66 Million |
| 2022 | -13.18% | -273.60% | 0.04x | 1.12x | GBX-8.56 Million |
| 2023 | -11.11% | -245.58% | 0.04x | 1.16x | GBX-7.18 Million |
Industry Comparison
This section compares UK Oil & Gas PLC's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $60,597,583
- Average return on equity (ROE) among peers: 3.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| UK Oil & Gas PLC (UKOG) | GBX33.29 Million | 0.00% | 0.18x | $203.83 |
| Afentra PLC (AET) | $278.27 Million | -0.81% | 1.23x | $17.50K |
| Angus Energy PLC (ANGS) | $152.00K | 100.00% | 8.59x | $1.29K |
| Ascent Resources plc (AST) | $-378.00K | 0.00% | 0.00x | $320.65 |
| Beacon Energy PLC (BCE) | $-300.00K | 0.00% | 0.00x | $87.84 |
| Block Energy PLC (BLOE) | $29.69 Million | -18.56% | 0.15x | $1.33K |
| Buccaneer Energy plc. (BUCE) | $-599.00K | 0.00% | 0.00x | $241.65 |
| Cadogan Petroleum plc (CAD) | $297.93 Million | -11.82% | 0.03x | $1.37K |
| Challenger Energy Group PLC (CEG) | $5.74 Million | -27.08% | 0.05x | $3.31K |
| Clontarf Energy Plc (CLON) | $2.87 Million | -6.95% | 0.33x | $229.28 |
| Coro Energy PLC (CORO) | $-7.40 Million | 0.00% | 0.00x | $470.51 |