Ascent Resources (AST) AI Stock Analysis

• Market Cap: £3.04M
• Dividend Yield: N/A
• Average Volume (3M): 2.14M
• Price to Earnings (P/E): ―
• Beta (1Y): -0.11
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: UK
• Employees: 7
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): >-0.01
• Shares Outstanding: 810,887,450
• 10 Day Avg. Volume: 894,401
• 30 Day Avg. Volume: 2,138,295
• PEG Ratio: -0.02
• Price to Book (P/B): -11.70
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.80
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): £2.88B

• Rating: 43 Neutral
• Price Target: 0.39p ▼(-3.50% Downside)

The score is primarily constrained by weak financial performance—zero revenue in 2024, persistent losses, negative equity, rising debt, and ongoing cash burn. Technicals add further pressure with the stock below key moving averages and negative MACD, while valuation impact is neutral due to missing P/E and dividend data.

Ascent Resources Business Overview & Revenue Model

Company Description

Ascent Resources Plc, together with its subsidiaries, operates as an independent oil and gas exploration and production company in Slovenia and the United Kingdom. It primarily holds a 75% interest in the Petisvoci Tight gas project located in north-eastern Slovenia. The company was incorporated in 2004 and is headquartered in London, the United Kingdom.

How the Company Makes Money

Ascent Resources Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	77.00K	0.00	1.41M	581.00K	0.00	0.00
Gross Profit	-459.00K	-28.00K	785.00K	-463.00K	-347.00K	-517.00K
EBITDA	-2.78M	-2.52M	-811.00K	-41.32M	-1.61M	-2.40M
Net Income	-2.93M	-2.73M	-851.00K	-41.89M	-1.97M	-2.83M
Balance Sheet
Total Assets	2.21M	2.13M	1.06M	640.00K	40.63M	42.67M
Cash, Cash Equivalents and Short-Term Investments	458.00K	111.00K	475.00K	325.00K	97.00K	115.00K
Total Debt	540.00K	780.00K	189.00K	521.00K	541.00K	202.00K
Total Liabilities	2.51M	2.60M	1.44M	2.16M	2.07M	1.68M
Stockholders Equity	-299.00K	-468.00K	-378.00K	-1.52M	38.56M	40.99M
Cash Flow
Free Cash Flow	-1.58M	-1.44M	-1.35M	-1.24M	-1.48M	-1.38M
Operating Cash Flow	-1.58M	-1.44M	-1.35M	-1.24M	-1.47M	-1.38M
Investing Cash Flow	-419.00K	-797.00K	-1.00K	-1.00K	-3.00K	0.00
Financing Cash Flow	2.33M	1.88M	1.50M	1.44M	1.46M	1.39M

Ascent Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
UJO	56 Neutral	£3.44M	-3.98	-2.88%	―	―	―
UOG	44 Neutral	£5.49M	-2.25	-16.07%	―	―	―
AST	43 Neutral	£3.04M	―	―	―	―	―
EME	43 Neutral	£2.29M	-0.57	―	―	―	89.39%
DELT	41 Neutral	£2.93M	-0.99	-215.74%	―	―	―

Ascent Resources Corporate Events

Ascent Resources Enters Strategic Agreement to Explore Lithium and Potash in Utah

Ascent Resources Plc, along with its partner American Helium, has entered into an option agreement with Neometals Ltd and Omaha Value to explore and potentially extract lithium and potash from mineral-rich brines in the Paradox Basin, Utah. This agreement represents a strategic move to monetize Ascent’s existing acreage without upfront drilling costs, utilizing existing infrastructure to reduce time and expenses. The deal highlights Ascent’s multi-commodity potential and aims to unlock additional value from its assets with minimal shareholder dilution. The agreement includes a 60-day exclusivity period for due diligence, with financial terms involving fees and royalties based on future brine production.

Ascent Resources Updates on Slovenian Joint Venture Disputes

Ascent Resources PLC has provided an update on its ongoing disputes related to its former Slovenian joint venture partner, Geoenergo d.o.o., which is undergoing insolvency. The company has secured a binding arbitration award entitling it to approximately €7.8 million in hydrocarbon production proceeds, though full recovery is contingent on the completion of Geoenergo’s administration. Additionally, Ascent is defending against claims from Petrol Geo d.o.o. and is seeking reimbursement for prepaid costs and fulfillment of contractual obligations under the Framework Build Operate Transfer Agreement. The company is exploring an amicable resolution to these matters, which may include exiting its remaining interests in Slovenia.