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Angus Energy
(LSE:ANGS)
Angus Energy (ANGS) vs. iShares MSCI United Kingdom ETF (EWC)
Angus Energy Business Overview & Revenue Model
Angus Energy Financial Statement Overview
| Breakdown | ||||
| Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 21.80M | 28.21M | 3.14M | 0.00 | 68.00K | Gross Profit |
| 5.74M | 12.79M | 2.02M | -299.00K | -99.00K | EBIT |
| -2.70M | 8.51M | -1.40M | -2.39M | -2.18M | EBITDA |
| 7.18M | 130.29M | -111.17M | -2.39M | -2.34M | Net Income Common Stockholders |
| -4.30M | 117.81M | -111.95M | -15.60M | -2.52M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 2.17M | 2.18M | 767.00K | 6.19M | 1.85M | Total Assets |
| 81.96M | 91.08M | 91.35M | 42.06M | 17.10M | Total Debt |
| 18.39M | 16.88M | 12.96M | 13.33M | 1.41M | Net Debt |
| 16.22M | 14.71M | 12.21M | 7.17M | -440.00K | Total Liabilities |
| 43.27M | 53.82M | 185.81M | 44.08M | 5.83M | Stockholders Equity |
| 38.69M | 37.26M | -94.46M | -2.02M | 11.27M |
| Cash Flow | Free Cash Flow | |||
| -371.00K | -9.88M | -15.15M | -9.81M | -4.06M | Operating Cash Flow |
| 3.13M | 1.24M | -2.52M | -4.79M | -1.45M | Investing Cash Flow |
| -5.85M | -11.61M | -12.88M | -5.02M | -2.65M | Financing Cash Flow |
| 2.72M | 11.79M | 9.98M | 14.11M | 2.53M |
Angus Energy Technical Analysis
Angus Energy Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
57 Neutral | $7.06B | 3.01 | -3.50% | 5.79% | 0.56% | -50.60% | |
53 Neutral | £11.97M | 1.38 | -11.33% | ― | -22.71% | -102.48% | |
52 Neutral | £6.71M | ― | -95.12% | ― | -46.40% | -688.89% | |
50 Neutral | £9.48M | ― | ― | ― | ― | ||
| £1.69M | ― | ― | ― | ― | |||
| £9.38M | 14.43 | 2.97% | 6.25% | ― | ― | ||
| £9.58M | ― | ― | ― | ― |
Angus Energy Corporate Events
Angus Energy has announced a potential reverse takeover involving the acquisition of producing assets in the Gulf of America, which has led to the suspension of its shares on AIM. This strategic move is expected to significantly enhance the company’s reserves, production, and cash flow, diversifying its operations away from the UK energy sector into a more stable oil and gas jurisdiction. The transaction is still in the non-binding stage and subject to due diligence and funding, with no certainty of completion.
Angus Energy has announced ongoing well tests following the successful commissioning of a booster compressor, aiming to optimize plant and well configurations to boost production. The company is in discussions with Trafigura to adjust the repayment schedule of a £1.25 million loan due to production variability earlier in the year. Angus is confident in the potential of the Saltfleetby Field and is exploring options to enhance production, including workovers, new drilling, and potential acquisitions to strengthen its financial position.
Angus Energy has successfully commissioned a new booster compressor at the Saltfleetby Gas Field, which has resulted in an 18% increase in production compared to early March 2025. Despite lower production due to cold weather and liquid loading issues, the company reported estimated revenues of £5.32 million for the first quarter of 2025. The new compressor is expected to improve gas flow rates and stabilize production, which is crucial for maintaining operational efficiency and revenue generation. The company’s operations at Brockham Field also showed stable oil production, contributing to its overall performance.
Angus Energy announced that the commissioning of a new booster compressor at the Saltfleetby Gas Field is underway, with a minor delay in equipment delivery. The start-up is expected by the end of the week, which could enhance the company’s operational efficiency and strengthen its position in the onshore gas production market.
Angus Energy announced that all resolutions were passed at its recent Annual General Meeting. The resolutions included the re-appointment of auditors, re-election of directors, and authority for directors to allot shares, indicating strong shareholder support and potentially facilitating future operational and strategic initiatives.
Angus Energy PLC, a UK-based company, has reported a significant change in its voting rights structure. Forum Energy Services Limited has increased its voting rights in Angus Energy from 10.461417% to 16.211673%, as of March 25, 2025. This acquisition of voting rights may impact the company’s governance and decision-making processes, potentially influencing its strategic direction and stakeholder interests.
Angus Energy has announced the conversion of £1,000,000 of Deferred Consideration into 427,893,123 Ordinary Shares, alongside issuing 137,145,481 shares for accrued interest, reflecting shareholder confidence in the company’s growth potential. Additionally, the installation of a new booster compressor at Saltfleetby is on schedule, expected to enhance production levels and field recovery by allowing operations at lower well head pressure.
Angus Energy has announced its audited annual accounts for the year ending 30 September 2024, reporting strong revenues of £21.802 million and an EBITDA of £10.803 million. The company has focused on maximizing revenue, refinancing debt, and improving operational efficiency. A £20m loan facility from Trafigura PTE Ltd allowed Angus to exit expensive debt and invest in boosting gas production at the Saltfleetby Field and restarting oil production at Brockham. The company is also exploring opportunities for hydrogen storage and carbon capture, aligning with government energy security priorities. With legacy hedges ending in June 2025, Angus anticipates increased cash flows and plans to expand production through additional drilling.