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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 |
| EBITDA | 7.18M | 130.29M | -111.17M | -2.39M | -2.34M |
| Net Income | -4.30M | 117.81M | -111.95M | -15.60M | -2.52M |
Balance Sheet | |||||
| Total Assets | 81.96M | 91.08M | 91.35M | 42.06M | 17.10M |
| Cash, Cash Equivalents and Short-Term Investments | 2.17M | 2.18M | 767.00K | 6.19M | 1.85M |
| Total Debt | 18.39M | 16.88M | 12.96M | 13.33M | 1.41M |
| 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 |
|---|---|---|---|---|---|---|---|
67 Neutral | $15.01B | 9.77 | 5.95% | 5.64% | 4.51% | -61.80% | |
54 Neutral | £11.97M | 1.38 | -21.11% | ― | -12.15% | -200.00% | |
50 Neutral | £5.17M | ― | ― | ― | ― | ||
49 Neutral | £4.80M | ― | -95.12% | ― | ― | ― | |
| ― | £1.69M | ― | ― | ― | ― | ||
| ― | £7.26M | 8.11 | 2.97% | 5.32% | ― | ― | |
| ― | £9.58M | ― | ― | ― | ― |
Angus Energy Corporate Events
Angus Energy has successfully completed its annual maintenance shutdown at the Saltfleetby site ahead of schedule, with all maintenance and improvement projects executed without any safety incidents or environmental harm. This timely completion underscores the company’s operational efficiency and commitment to safety and environmental standards, potentially strengthening its position in the onshore gas production industry.
Angus Energy reported a significant increase in operating cashflows following the end of legacy hedges in June 2025. The company’s second quarter production from the Saltfleetby Field included 351 million cubic feet of natural gas and 6,129 barrels of gas condensate, while the Brockham Field produced 3,890 barrels of crude oil. Despite a decrease in gas sales compared to the first quarter, the company achieved estimated revenues of £3.44 million, supported by strong summer gas prices. The commissioning of a booster compressor, although initially causing production outages, is expected to enhance production efficiency. Angus Energy is actively exploring opportunities for production uplift and is engaged in discussions with Trafigura regarding payment schedule adjustments.
Angus Energy has announced a restructuring of its deferred consideration payments with Forum Energy Services Limited, with a total outstanding amount of £1.89 million. Forum has agreed to suspend its rights to receive payment in new ordinary shares for six months, while Angus Energy completes due diligence on a potential RTO and restructures its Trafigura Debt. Additionally, Forum has requested the appointment of a new non-executive director and a non-board COO. The company is also seeking to appoint another independent non-executive director, with Aleph Commodities Ltd requesting the appointment of Alexander Craig.
Angus Energy reported strong interim results for the six months ended 31 March 2025, with an EBITDA of £6.943m and net revenue of £11.302m. The company successfully installed a booster compressor at the Saltfleetby Gas Field, increasing production by approximately 15%. Despite temporary suspension of share trading due to a potential reverse takeover transaction, Angus Energy is actively pursuing growth opportunities and restructuring its debt facility. The company is also evaluating new drilling opportunities and optimizing existing production, aiming for long-term growth and increased shareholder value.
Angus Energy has announced its interim results for the six months ending March 31, 2025, reporting an EBITDA of £6.943 million and a profit of £0.756 million. The company successfully installed a booster compressor at the Saltfleetby Gas Field, increasing production by approximately 15%. Despite temporary suspension of trading due to a potential reverse takeover transaction, Angus Energy is pursuing both organic and inorganic growth opportunities, including evaluating new drilling and well enhancement projects. The company is also in discussions to restructure its existing debt facility, aiming to strengthen its operational footprint and enhance shareholder value.
Angus Energy announced the resignation of Richard Herbert as CEO and director, effective immediately. The board is in discussions with Jonathan Tidswell-Pretorius for an interim COO role. The interim Chairman, Krzysztof Zielicki, acknowledged Herbert’s contributions, particularly in refinancing the company and setting it on a growth path. Further updates will be provided as necessary.
Angus Energy has announced ongoing positive discussions with Trafigura regarding the restructuring of their original payment schedule and a potential transaction. The outcome of these discussions could have significant implications for Angus Energy’s financial operations and strategic positioning within the oil and gas industry.
Angus Energy has announced that it continues to collaborate with Trafigura on a resculpting solution and potential transaction. Trafigura has granted Angus Energy an extension for the first principal repayment until 31 May 2025. This development may provide Angus Energy with additional time to strengthen its financial position and explore strategic opportunities, potentially impacting its operations and market standing.
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.