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Caspian Sunrise
(LSE:CASP)
Caspian Sunrise (CASP) vs. iShares MSCI United Kingdom ETF (EWC)
Caspian Sunrise Business Overview & Revenue Model
Caspian Sunrise Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 15.51M | 31.47M | 36.65M | 42.95M | 25.00M | 14.30M |
| Gross Profit | 1.88M | 9.25M | 20.73M | 32.31M | 19.37M | 9.43M |
| EBITDA | -11.87K | 5.62M | 15.71M | 12.93M | 8.49M | 1.87M |
| Net Income | 9.01M | 16.61M | 10.59M | 9.84M | -5.55M | -3.49M |
Balance Sheet | ||||||
| Total Assets | 141.19M | 135.16M | 134.92M | 117.15M | 114.21M | 125.66M |
| Cash, Cash Equivalents and Short-Term Investments | 174.00K | 2.64M | 447.00K | 3.68M | 429.00K | 329.00K |
| Total Debt | 6.81M | 5.51M | 6.69M | 352.00K | 6.42M | 5.60M |
| Total Liabilities | 75.80M | 64.67M | 68.61M | 62.26M | 68.57M | 68.48M |
| Stockholders Equity | 72.06M | 76.96M | 71.46M | 60.56M | 51.44M | 62.99M |
Cash Flow | ||||||
| Free Cash Flow | 1.98M | 1.98M | -6.56M | 6.38M | -107.00K | -6.28M |
| Operating Cash Flow | 8.91M | 17.87M | 5.66M | 18.35M | 7.75M | -1.74M |
| Investing Cash Flow | -7.72M | -15.89M | -13.78M | -14.35M | -8.25M | -4.54M |
| Financing Cash Flow | -2.12M | -492.00K | 4.88M | -745.00K | 600.00K | 2.55M |
Caspian Sunrise Technical Analysis
Caspian Sunrise Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | £93.40M | 3.37 | 42.05% | ― | 50.35% | 48.07% | |
72 Outperform | £60.09M | 6.38 | 5.26% | ― | -58.10% | 100.00% | |
67 Neutral | £52.10M | 6.89 | 5.77% | ― | -54.53% | -64.24% | |
66 Neutral | £86.22M | 21.11 | 1.91% | 6.46% | -9.43% | ― | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
53 Neutral | £52.52M | -1.92 | -50.13% | ― | -35.06% | -550.00% | |
49 Neutral | £79.32M | -17.75 | -19.12% | ― | ― | ― |
Caspian Sunrise Corporate Events
Caspian Sunrise has secured significant tax concessions from Kazakhstan’s Ministry of Energy for its flagship BNG Contract Area, prompting the re-issue of licences covering the deep Airshagyl and Yelemes structures. The new regime replaces several existing levies with an Alternative Subsoil Use Tax and grants a temporary exemption from export customs duties on crude oil, while imposing clear work commitments: a three-year appraisal licence at Airshagyl leading to a 25-year production licence contingent on further deep drilling, and a two-year appraisal licence at Yelemes Deep requiring three additional deep wells to qualify for a similar long-term production permit. During the appraisal periods, all production from these deep structures must be sold domestically at local prices, but management views the concessions as a major step that recognises the strategic importance and potential of BNG and could materially enhance the project’s economics and long-term value for stakeholders.
The most recent analyst rating on (GB:CASP) stock is a Buy with a £3.00 price target. To see the full list of analyst forecasts on Caspian Sunrise stock, see the GB:CASP Stock Forecast page.
Caspian Sunrise has agreed to acquire Kazakh limited liability partnership Tau-Cen LLP, its first non-oil and gas minerals investment, for a total consideration of $0.7 million, split equally between cash and new shares issued at 5p per share. The Tau-Cen licences cover 235.8 sq km in Kazakhstan’s Pavlodar region and are focused on titanium, zirconium, gold and rare earth elements contained within zirconium concentrates, with an approved exploration programme already under way and six-year exploration licences running to 2031; on completion, which remains subject to Kazakh regulatory approval, the company’s enlarged share capital will rise to 2,361,529,923 shares and the Oraziman Family Concert Party’s stake will edge up to 50.63%, underscoring both the modest financial outlay and the potential strategic upside from diversifying into commercially attractive minerals.
The most recent analyst rating on (GB:CASP) stock is a Buy with a £3.00 price target. To see the full list of analyst forecasts on Caspian Sunrise stock, see the GB:CASP Stock Forecast page.
Caspian Sunrise PLC has announced the posting of its Annual Report & Accounts for the year ending December 31, 2024, to its shareholders. This release is a routine update that provides stakeholders with insights into the company’s financial performance and strategic direction, potentially impacting investor confidence and market positioning.
Caspian Sunrise PLC announced a significant development as the Government of Kazakhstan’s Investment Committee has agreed to transition the BNG deep structures to a typical contract, reducing certain tax obligations, including Historical Costs payments. This change is expected to accelerate the development of the BNG Contract Area, benefiting all stakeholders, including the Kazakh state, and enhancing the company’s operational efficiency and industry positioning.
Caspian Sunrise has announced an extension of the Yelemes Deep licence at the BNG Contract Area, allowing the company to resume development work at Deep Well 803. This extension represents a significant advancement for the company, enabling further exploration and potential production increases, thereby strengthening its position in the oil industry.
Caspian Sunrise PLC has announced the issuance of 2,121,210 new ordinary shares as bonus payments to non-board members, priced at 5p per share. These shares will be admitted to trading on AIM, increasing the company’s total share capital to 2,356,306,042 ordinary shares, which will impact shareholders’ voting rights and transparency obligations.
Caspian Sunrise has issued 2,121,210 new ordinary shares as bonus payments to non-board members, with each share priced at 5p. These shares will soon be admitted to trading on AIM, increasing the company’s total issued share capital to over 2.35 billion shares, which will affect shareholder voting rights and transparency obligations.
Caspian Sunrise PLC reported its unaudited interim results for the first half of 2025, highlighting a significant decline in revenue and profit compared to the previous year, largely due to the sale of its shallow structures at the BNG Contract Area for $88 million. The company is now focusing on developing its remaining assets, including the West Shalva Contract Area and deep structures at BNG, while awaiting regulatory approvals for further drilling and production licenses. The sale has impacted their operational strategy, shifting focus to new acquisitions and existing deep structures, which are expected to enhance future production capabilities.
Caspian Sunrise reported unaudited interim results for the first half of 2025, highlighting a significant $88 million sale of its shallow MJF and South Yelemes structures, which impacted its revenue and production figures. The company is focusing on developing existing assets and new acquisitions, including the West Shalva Contract Area, while facing challenges in oil trading due to decreased production volumes from asset sales.
Caspian Sunrise PLC reported its financial and operational results for 2024, highlighting total revenues of $52.3 million, with significant contributions from oil trading and services. The company completed the sale of its shallow structures at the BNG Contract Area for $88 million, which impacted its production strategy. Despite regulatory delays and declining production volumes, the company increased its revenues and profits. The acquisition of the West Shalva Contract Area and the award of a 25-year production license on the Airshagyl structure are expected to bolster future operations. The company is focused on developing its existing assets and exploring new mineral acquisitions.
Caspian Sunrise PLC has announced the commencement of drilling its first well in the West Shalva Contract Area, acquired earlier in 2025. The drilling targets Jurassic sandstone and Triassic limestone formations, with the well expected to reach a depth of 3,000 meters over two months. This development marks a significant step in the company’s expansion efforts, potentially increasing its oil production capabilities and impacting its market position.
Caspian Sunrise PLC announced a delay in publishing its 2024 annual report and interim results for 2025, which has affected the trading of its shares. The company aims to release both the audited 2024 accounts and the unaudited interim results by the second half of October, after which it expects the suspension of its share trading to be lifted.