Chariot Oil & Gas (CHAR) AI Stock Analysis

• Market Cap: £27.61M
• Dividend Yield: N/A
• Average Volume (3M): 4.69M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.10
• Revenue Growth: -2.69%
• EPS Growth: -5.00%
• Country: UK
• Employees: 2
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): N/A
• Shares Outstanding: 1,577,478,000
• 10 Day Avg. Volume: 2,410,533
• 30 Day Avg. Volume: 4,690,998
• PEG Ratio: -0.04
• Price to Book (P/B): 0.46
• Price to Sales (P/S): 166.73
• P/FCF Ratio: -1.22
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 41 Neutral
• Price Target: 1.50p ▼(-3.23% Downside)

Chariot Oil & Gas is facing significant financial difficulties, with ongoing losses and negative cash flows being the most impactful factors. Technical analysis also indicates weak market momentum, while valuation metrics highlight unattractive investment prospects due to negative earnings.

Positive Factors

Low Debt Levels

Low debt levels provide financial stability and reduce interest burden, allowing more flexibility in financial planning and operations.

Strategic Partnerships

Strategic partnerships enhance resource access and financial backing, supporting long-term asset monetization and operational success.

Positive Gross Profit Margin

A positive gross profit margin indicates efficient cost management, which can support future profitability as revenues grow.

Negative Factors

Negative Cash Flow

Negative cash flow highlights liquidity challenges, necessitating reliance on external financing, which could impact long-term sustainability.

Ongoing Operational Losses

Continued operational losses undermine profitability and can hinder the company's ability to invest in growth and innovation.

Minimal Revenue Growth

Minimal revenue growth limits the company's ability to scale operations and improve profitability, affecting long-term competitiveness.

Chariot Oil & Gas Business Overview & Revenue Model

Company Description

Chariot Oil & Gas (CHAR) is an exploration and production company focused on developing oil and gas resources in Africa, particularly in Morocco and Namibia. The company operates in the oil and gas sector, engaging in the exploration and production of hydrocarbons. Chariot aims to leverage its technical expertise and strategic partnerships to unlock the potential of its assets and provide sustainable energy solutions.

How the Company Makes Money

Chariot Oil & Gas generates revenue primarily through the exploration and production of oil and natural gas. The company undertakes exploration activities to discover new hydrocarbon reserves and subsequently develops these reserves into production. Key revenue streams include the sale of crude oil and natural gas, as well as potential service agreements or joint ventures with other energy companies. Chariot's partnership with strategic investors and local governments plays a significant role in its operations, providing financial backing and facilitating access to resources, which enhances its ability to monetize its assets effectively.

Chariot Oil & Gas Financial Statement Overview

Summary

Chariot Oil & Gas faces significant financial challenges with minimal revenue growth and persistent operational losses. The balance sheet shows some stability due to low debt levels, but ongoing net losses and negative cash flows highlight liquidity issues and reliance on external financing.

Income Statement

Chariot Oil & Gas has faced significant challenges in terms of revenue generation and profitability. The company has experienced minimal revenue growth, with the total revenue only increasing to $162,000 in 2024 from $80,000 in 2023. Despite a positive gross profit margin due to negligible cost of goods sold, the EBIT and net income margins remain deeply negative, indicating ongoing operational and net losses. This highlights significant challenges in achieving profitability.

Balance Sheet

The balance sheet shows a relatively strong equity position, with stockholders' equity at $58.2 million and a low debt-to-equity ratio due to limited total debt. However, the company’s high equity ratio indicates reliance on equity financing, which could be a strength in terms of financial stability. Nonetheless, the ongoing net losses have deteriorated the return on equity, reflecting inefficiencies in generating returns on shareholder investments.

Cash Flow

Cash flow analysis reveals persistent negative operating and free cash flow, emphasizing liquidity issues. The operating cash flow to net income ratio remains negative, and the free cash flow position has worsened over time. Although there have been financing inflows, this reliance on external financing to fund operations raises concerns about sustainable cash flow management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	160.00K	162.00K	80.00K	0.00	0.00	0.00
Gross Profit	-1.70M	162.00K	80.00K	0.00	0.00	0.00
EBITDA	-12.47M	-21.72M	-15.04M	-14.30M	-6.42M	-4.37M
Net Income	-18.82M	-22.35M	-15.58M	-14.88M	-6.96M	-70.62M
Balance Sheet
Total Assets	65.43M	63.63M	74.64M	67.61M	54.75M	18.07M
Cash, Cash Equivalents and Short-Term Investments	5.56M	2.20M	4.97M	11.30M	19.41M	3.24M
Total Debt	655.00K	796.00K	1.34M	359.00K	430.00K	849.00K
Total Liabilities	5.01M	5.39M	5.77M	6.56M	15.79M	1.91M
Stockholders Equity	60.42M	58.23M	68.87M	61.06M	38.96M	16.16M
Cash Flow
Free Cash Flow	0.00	-22.15M	-23.22M	-39.13M	-11.56M	-6.03M
Operating Cash Flow	0.00	-10.89M	-8.57M	-9.63M	-6.18M	-4.05M
Investing Cash Flow	0.00	5.00K	-14.55M	-29.44M	-5.39M	-1.95M
Financing Cash Flow	0.00	7.79M	17.28M	32.29M	27.71M	-409.00K

Chariot Oil & Gas Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.55
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:CHAR, the sentiment is Negative. The current price of 1.55 is below the 20-day moving average (MA) of 1.77, below the 50-day MA of 1.75, and below the 200-day MA of 1.55, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 37.39 is Neutral, neither overbought nor oversold. The STOCH value of 5.70 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:CHAR.

Chariot Oil & Gas 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%
ZEN	48 Neutral	£8.38M	―	―	―	―	―
CHAR	41 Neutral	£27.61M	-1.39	-31.10%	―	-2.69%	-5.00%

Chariot Oil & Gas Corporate Events

Chariot Partners with ACWA Power for Southern African Energy Platform

Chariot Limited has signed a Memorandum of Understanding with ACWA Power to explore the creation of a sustainable energy platform in Southern Africa. This partnership aims to develop and operate transitional power assets, including renewable energy, battery storage, and gas-to-power, targeting countries such as South Africa, Botswana, and Namibia. The collaboration leverages both companies’ expertise to unlock investment opportunities and deliver scalable energy projects. This strategic move is part of Chariot’s broader plan to separate into two distinct entities and enhance its power generation platform, potentially impacting its market positioning and stakeholder interests.

The most recent analyst rating on (GB:CHAR) stock is a Hold with a £1.50 price target. To see the full list of analyst forecasts on Chariot Oil & Gas stock, see the GB:CHAR Stock Forecast page.

Chariot Limited Unveils Strategic Shift with Interim Results

Chariot Limited has announced its unaudited interim results for the first half of 2025, highlighting a strategic shift towards creating two standalone business units: Upstream Oil and Gas and Renewable Power. The company has regained operatorship of offshore Moroccan licenses and is actively pursuing new ventures across the oil and gas value chain. In renewable power, Chariot is advancing projects in South Africa, Zambia, and Zimbabwe, and has secured significant funding for its electricity trading entity, Etana Energy. These developments aim to enhance shareholder value and position Chariot as a key player in both the traditional and renewable energy sectors in Africa.

The most recent analyst rating on (GB:CHAR) stock is a Hold with a £1.50 price target. To see the full list of analyst forecasts on Chariot Oil & Gas stock, see the GB:CHAR Stock Forecast page.

Chariot Limited Secures Shareholder Approval at AGM

Chariot Limited announced that all resolutions proposed at its Annual General Meeting were successfully passed, indicating strong shareholder support. This outcome reinforces Chariot’s strategic focus on expanding its energy operations in Africa, particularly in oil, gas, and renewable energy sectors, which could have positive implications for its market positioning and stakeholder confidence.

The most recent analyst rating on (GB:CHAR) stock is a Hold with a £1.50 price target. To see the full list of analyst forecasts on Chariot Oil & Gas stock, see the GB:CHAR Stock Forecast page.