Block Energy Plc (GB:BLOE)
LSE:BLOE
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BLOE Stock Chart & Stats
0.75 p
0.05 p(7.14%)
At close: 4:00 PM EST
0.75 p
0.05 p(7.14%)
Day’s Range― - ―
52-Week Range0.60 p - 1.90 p
Previous CloseN/A
Volume14.49M
Average Volume (3M)1.96M
Market Cap
£13.96M
Enterprise Value11.12M
Total Cash (Recent Filing)£1.49M
Total Debt (Recent Filing)£2.00M
Price to Earnings (P/E)―
Beta0.27
Next Earnings
Sep 25, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding1,469,380,000
10 Day Avg. Volume2,461,436
30 Day Avg. Volume1,962,824
Financial Highlights & Ratios
PEG Ratio-0.01
Price to Book (P/B)0.32
Price to Sales (P/S)1.30
P/FCF Ratio-7.51
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)>-0.01
Revenue Forecast (FY)£5.11M
Bulls Say, Bears Say
Bulls Say
Conservative Balance SheetVery low reported leverage (debt ~0.08x equity) provides a durable financial cushion versus peers. This conservatism affords flexibility to fund field workovers or weather oil price cycles without immediate refinancing, supporting long-term project continuity and downside protection.
Focused On Onshore Georgian AssetsA concentrated onshore E&P footprint in Georgia supports simpler logistics, lower development complexity and local market familiarity. The focused asset base enables targeted workovers and drilling, which can sustainably increase recoveries and extend field life when executed, driving durable production upside.
Historically Positive Operating Cash FlowDespite a weak 2025, historically positive operating cash flow indicates the business can generate cash from production. That operating cashability underpins the ability to self-fund incremental drilling/workovers and reduces reliance on markets when commodity conditions normalize.
Bears Say
Declining Revenue TrendA material revenue decline reduces scale and operating leverage for an E&P operator. Persisting top-line erosion constrains cash available for capex and development, weakens unit economics, and makes it harder to stabilize production and margins over the medium term without corrective operational action.
Compressed Margins And Sustained LossesSharp margin compression and repeated net losses limit reinvestment capacity and erode cumulative equity. For a production-focused company, low gross margins reduce sensitivity to volume gains and increase vulnerability to cost inflation, making recovery and long-term profitability more challenging.
Free Cash Flow Volatility And Weak CoverageThe swing to negative free cash flow and near-zero operating coverage in 2025 signals funding risk if capex or development continues. Persistent FCF volatility can force external financing, delay field investments, or curtail workovers, undermining the company’s ability to sustainably grow production.
Block Energy Plc News
BLOE FAQ
What was Block Energy Plc’s price range in the past 12 months?
Block Energy Plc lowest share price was 0.60 p and its highest was 1.90 p in the past 12 months.
What is Block Energy Plc’s market cap?
Block Energy Plc’s market cap is £13.96M.
When is Block Energy Plc’s upcoming earnings report date?
Block Energy Plc’s upcoming earnings report date is Sep 25, 2026 which is in 107 days.
How were Block Energy Plc’s earnings last quarter?
Block Energy Plc released its earnings results on Jun 01, 2026. The company reported -0.002 p earnings per share for the quarter, missing the consensus estimate of N/A by -0.002 p.
Is Block Energy Plc overvalued?
According to Wall Street analysts Block Energy Plc’s price is currently Overvalued.
Does Block Energy Plc pay dividends?
Block Energy Plc does not currently pay dividends.
What is Block Energy Plc’s EPS estimate?
Block Energy Plc’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Block Energy Plc have?
Block Energy Plc has 1,469,380,000 shares outstanding.
What happened to Block Energy Plc’s price movement after its last earnings report?
Block Energy Plc reported an EPS of -0.002 p in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 2.439%.
Which hedge fund is a major shareholder of Block Energy Plc?
Currently, no hedge funds are holding shares in GB:BLOE
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Block Energy Plc
Block Energy Plc is an energy firm engaged in the exploration, development, and production of oil and natural gas within Georgia. Its principal asset is the West Rustavi onshore oil and gas field, which it fully owns and operates in the Kura basin. The company also possesses a 100% operational stake in the Block IX, Block XI, and Norio onshore oil fields, in addition to a 90% stake in the Satskhenisi onshore oil field, all of which are situated in the Kura basin. Originally named Goldcrest Resources Plc, the company adopted its current name, Block Energy Plc, in May 2017. Founded in 2005, Block Energy Plc is based in London, United Kingdom.
Technical Analysis
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Options Prices
Currently, No data available
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