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Union Jack Oil ( (GB:UJO) ) has shared an update.
Union Jack Oil has disclosed that it received a requisition notice for a general meeting from former director Craig Howie on 18 January 2026 but, following legal review, the board has determined that the notice is invalid. The move signals management’s intention to resist attempts by a former board member to convene a shareholder meeting, underlining the company’s focus on maintaining existing governance arrangements and control over its corporate agenda.
The most recent analyst rating on (GB:UJO) stock is a Hold with a £3.00 price target. To see the full list of analyst forecasts on Union Jack Oil stock, see the GB:UJO Stock Forecast page.
Spark’s Take on GB:UJO Stock
According to Spark, TipRanks’ AI Analyst, GB:UJO is a Neutral.
The score is primarily supported by a strong, low-risk balance sheet (zero debt) and sustained profitability since 2022, but is held back by the recent deterioration in operating profitability and persistently negative/volatile free cash flow. Technicals further weigh on the score due to a pronounced downtrend and negative momentum, while valuation signals are weak/unclear given the negative P/E and no stated dividend yield.
To see Spark’s full report on GB:UJO stock, click here.
More about Union Jack Oil
Union Jack Oil plc is a UK-based oil and gas company listed on AIM and OTCQB, focused on exploration, development and investment in onshore hydrocarbon projects. The company typically targets conventional oil and gas assets across the UK, positioning itself as a smaller independent player in the energy sector.
Average Trading Volume: 614,649
Technical Sentiment Signal: Sell
Current Market Cap: £4.1M
For a thorough assessment of UJO stock, go to TipRanks’ Stock Analysis page.