Chariot Oil & Gas Limited (GB:CHAR)
LSE:CHAR
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Chariot Oil & Gas
(LSE:CHAR)
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Rating:47Neutral
Price Target:
1.50 p
▼(-1.32% Downside)
Action:ReiteratedDate:12/07/25
Chariot Oil & Gas's overall stock score reflects significant financial challenges and bearish technical indicators. However, strategic corporate events, including partnerships and a shift towards renewable energy, offer potential for future improvement. The company's valuation remains unattractive due to ongoing losses.
Positive Factors
Balance sheet strength
A relatively strong equity position and limited total debt provide financial flexibility for an E&P firm facing capital needs. This equity buffer can support near-term funding, joint-venture contributions, and protects creditors, improving resilience through multi-quarter exploration cycles.
Negative Factors
Persistent negative cash flow
Ongoing negative operating and free cash flow requires repeated external funding, which can dilute shareholders and constrain strategic flexibility. Over months this undermines the firm's ability to self-fund exploration, meet capex needs, and increases refinancing and execution risk for development plans.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance sheet strength
A relatively strong equity position and limited total debt provide financial flexibility for an E&P firm facing capital needs. This equity buffer can support near-term funding, joint-venture contributions, and protects creditors, improving resilience through multi-quarter exploration cycles.
Read all positive factors
Chariot Oil & Gas (CHAR) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£37.83M
Dividend YieldN/A
Average Volume (3M)4.69M
Price to Earnings (P/E)―
Beta (1Y)0.97
Revenue Growth-2.69%
EPS Growth-5.00%
CountryUK
Employees2
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)N/A
Shares Outstanding2,866,098,600
10 Day Avg. Volume2,410,533
30 Day Avg. Volume4,690,998
Financial Highlights & Ratios
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 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)N/A
Revenue Forecast (FY)N/A
Chariot Oil & Gas Business Overview & Revenue Model
Company Description
Chariot Limited, together with its subsidiaries, engages in the oil and gas exploration and appraisal activities. The company operates through Transactional Gas and Transactional Power segments. The company holds interests in the Rissana offshore ...
How the Company Makes Money
Chariot Oil & Gas generates revenue primarily through the exploration, development, and production of oil and gas resources. The company engages in exploration activities to discover new hydrocarbon reserves, which, once developed, lead to the pro...
Chariot Oil & Gas Financial Statement Overview
Summary
Income Statement
20
Very Negative
Balance Sheet
45
Neutral
Cash Flow
30
Negative
| Breakdown | Jun 2025 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 162.00K | 80.00K | 0.00 | 0.00 | 0.00 |
| Gross Profit | 162.00K | 80.00K | 0.00 | 0.00 | 0.00 |
| EBITDA | -21.72M | -15.04M | -14.30M | -6.42M | -4.37M |
| Net Income | -22.35M | -15.58M | -14.88M | -6.96M | -70.62M |
Balance Sheet | |||||
| Total Assets | 63.63M | 74.64M | 67.61M | 54.75M | 18.07M |
| Cash, Cash Equivalents and Short-Term Investments | 2.20M | 4.97M | 11.30M | 19.41M | 3.24M |
| Total Debt | 796.00K | 1.34M | 359.00K | 430.00K | 849.00K |
| Total Liabilities | 5.39M | 5.77M | 6.56M | 15.79M | 1.91M |
| Stockholders Equity | 58.23M | 68.87M | 61.06M | 38.96M | 16.16M |
Cash Flow | |||||
| Free Cash Flow | -22.15M | -23.22M | -39.13M | -11.56M | -6.03M |
| Operating Cash Flow | -10.89M | -8.57M | -9.63M | -6.18M | -4.05M |
| Investing Cash Flow | 5.00K | -14.55M | -29.44M | -5.39M | -1.95M |
| Financing Cash Flow | 7.79M | 17.28M | 32.29M | 27.71M | -409.00K |
Chariot Oil & Gas Technical Analysis
Negative
1.52
Price Trends
1.43
Negative
1.49
Negative
1.53
Negative
Market Momentum
-0.04
Positive
43.22
Neutral
22.08
Neutral
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 1.52 is above the 20-day moving average (MA) of 1.36, above the 50-day MA of 1.43, and below the 200-day MA of 1.53, indicating a bearish trend. The MACD of -0.04 indicates Positive momentum. The RSI at 43.22 is Neutral, neither overbought nor oversold. The STOCH value of 22.08 is Neutral, 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
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
53 Neutral | £11.42M | -0.66 | -45.38% | ― | ― | ― | |
50 Neutral | £21.38M | -3.81 | -54.57% | ― | ― | ― | |
47 Neutral | £37.83M | -1.36 | -31.73% | ― | -2.69% | -5.00% | |
47 Neutral | £26.89M | -5.90 | -12.26% | ― | ― | ― | |
44 Neutral | £38.38M | -16.69 | -6.84% | ― | ― | ― |
* Energy Sector Average
GB:CHAR
Chariot Oil & Gas
1.32
-0.37
-21.75%
GB:JOG
Jersey Oil and Gas
117.50
31.00
35.84%
GB:SOU
Sound Energy
5.00
-1.00
-16.67%
GB:MATD
Petro Matad
1.15
-0.70
-37.84%
GB:PRD
Predator Oil & Gas Holdings Plc
3.30
1.15
53.49%
Chariot Oil & Gas Corporate Events
Business Operations and StrategyExecutive/Board Changes
Chariot Grants Deferred Share Awards to Align Board Incentives With Shareholders
Positive
Dec 24, 2025
Chariot Limited has granted a series of deferred share awards to its executive and non-executive directors as part of a long-term incentive and retention strategy aligned with AIM corporate governance practices. Chief executive Adonis Pouroulis, c...
Business Operations and StrategyM&A Transactions
Chariot Sells Djibouti Water Business to Refocus on Core African Power Projects
Positive
Dec 18, 2025
Chariot Limited has sold its water business, including its 80% interest in the Oasis Water Platform and a proof-of-concept desalination project in Djibouti, to AquaNexus Holding for US$435,000 in cash, as it sharpens its focus on core electricity ...
Business Operations and StrategyPrivate Placements and Financing
Chariot Secures Major Financing for South African Wind Projects
Positive
Dec 15, 2025
Chariot Limited has successfully secured significant financing and a strategic equity partnership to fund its investment in two wind generation projects, Zen and Bergriver, in South Africa. These projects are led by Acciona Energia, with construct...
Business Operations and StrategyPrivate Placements and Financing
Chariot Limited Achieves Financial Close on Major South African Wind Projects
Positive
Dec 15, 2025
Chariot Limited has reached financial close on two significant wind generation projects in South Africa, the Zen and Bergriver wind farms, with a combined capacity of 190MW. These projects, co-owned with Acciona Energía and H1 Holdings, are e...
Business Operations and Strategy
Chariot Partners with ACWA Power for Southern African Energy Platform
Positive
Oct 30, 2025
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 energ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.