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Deltic Energy
(LSE:DELT)
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Rating:49Neutral
Price Target:
7.00 p
▲(122.22% Upside)
Action:Reiterated
Date:06/28/26
The score is held down primarily by weak financial performance (no revenue, ongoing losses and cash burn, and negative equity with higher debt). Technical momentum is a partial offset (price above key moving averages and positive MACD), but valuation remains unattractive with a negative P/E and no dividend support.
Positive Factors
Monetization-focused business model
Deltic’s model emphasizes value creation via non-operated working interests, farm-outs and asset sales rather than running large producing assets. That structure limits capital intensity for the company and provides repeatable monetisation pathways that can convert exploration upside to cash without scaling production operations.
Negative Factors
Pre-revenue with recurring operating losses
The absence of revenue and persistent operating losses mean the company lacks internal cash generation to fund licence commitments or build reserves. Long-term viability depends on successful exploration outcomes or external financing, making the business outcome binary and sensitive to commodity and funding conditions.
Read all positive and negative factors
Positive Factors
Negative Factors
Monetization-focused business model
Deltic’s model emphasizes value creation via non-operated working interests, farm-outs and asset sales rather than running large producing assets. That structure limits capital intensity for the company and provides repeatable monetisation pathways that can convert exploration upside to cash without scaling production operations.
Read all positive factors
Deltic Energy (DELT) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£6.28M
Dividend YieldN/A
Average Volume (3M)184.44K
Price to Earnings (P/E)―
Beta (1Y)-1.05
Revenue GrowthN/A
EPS Growth89.92%
CountryUK
Employees9
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)-0.02
Shares Outstanding93,096,600
10 Day Avg. Volume271,031
30 Day Avg. Volume184,443
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)-2.82
Price to Sales (P/S)0.00
P/FCF Ratio-1.33
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)-0.02
Revenue Forecast (FY)N/A
Deltic Energy Business Overview & Revenue Model
Company Description
Deltic Energy Plc operates as an investment company within the natural resources sector, primarily concentrating on the development of oil and gas licenses. It possesses various licenses located across the Southern and Central regions of the North...
How the Company Makes Money
Deltic Energy’s business model is centred on creating value from its equity interests in offshore oil and gas licences rather than running large-scale producing operations. It seeks to acquire and hold non-operated working interests in exploration...
Deltic Energy Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
28
Negative
Cash Flow
18
Very Negative
| Breakdown | Dec 2025 | Jun 2025 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | -114.09K | -115.10K | -114.70K | -120.98K |
| EBITDA | -1.81M | -2.82M | -3.00M | -2.85M | -1.78M |
| Net Income | -2.14M | -21.24M | -2.96M | -2.99M | -1.94M |
Balance Sheet | |||||
| Total Assets | 5.24M | 3.51M | 23.37M | 30.68M | 12.91M |
| Cash, Cash Equivalents and Short-Term Investments | 1.65M | 1.44M | 5.58M | 20.41M | 10.09M |
| Total Debt | 3.23M | 22.84K | 135.63K | 215.24K | 314.23K |
| Total Liabilities | 6.32M | 2.53M | 1.63M | 6.48M | 1.25M |
| Stockholders Equity | -1.07M | 978.32K | 21.74M | 24.19M | 11.66M |
Cash Flow | |||||
| Free Cash Flow | -2.28M | -5.15M | -14.73M | -4.69M | -2.48M |
| Operating Cash Flow | -1.79M | -2.52M | -2.18M | -2.13M | -1.62M |
| Investing Cash Flow | -483.69K | -1.46M | -12.55M | -2.57M | -139.69K |
| Financing Cash Flow | 2.47M | -152.73K | -101.70K | 15.01M | -116.81K |
Deltic Energy 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% | |
55 Neutral | £33.78M | -3.06 | -19.41% | ― | -20.46% | 35.99% | |
49 Neutral | £6.28M | -2.93 | -594.72% | ― | ― | 89.92% | |
46 Neutral | £10.62M | 24.00 | -21.11% | ― | -22.80% | 95.24% | |
42 Neutral | £5.31M | -0.64 | -2.88% | ― | -36.65% | -1031.15% | |
41 Neutral | £9.27M | -8.93 | -14.83% | ― | ― | 77.78% |
* Energy Sector Average
GB:DELT
Deltic Energy
6.75
-0.25
-3.57%
GB:ANGS
Angus Energy
0.21
-0.03
-11.25%
GB:STAR
IGas Energy
17.50
9.88
129.66%
GB:UOG
United Oil & Gas Plc
0.20
0.04
25.00%
GB:UKOG
UK Oil & Gas Investments
0.01
0.00
0.00%
GB:UJO
Union Jack Oil
3.63
-4.98
-57.85%
Deltic Energy Corporate Events
Business Operations and StrategyFinancial DisclosuresM&A TransactionsPrivate Placements and FinancingShareholder Meetings
Deltic Energy Agrees Sale to NEO NEXT+ as North Sea Portfolio Advances
Positive
Jun 26, 2026
Deltic Energy reported its audited final results for 2025, showing a small increase in year-end cash to £1.6 million and a narrowed loss of £2.1 million as administrative expenses fell and no new impairments were booked. The company also...
Delistings and Listing ChangesM&A TransactionsShareholder Meetings
Deltic Energy Shareholders Back NEO NEXT+ Cash Takeover Plan
Positive
Jun 24, 2026
Shareholders of Deltic Energy have overwhelmingly approved the recommended cash takeover by NEO NEXT+ Energy Upstream UK via a court-sanctioned scheme of arrangement. At the Court Meeting, 99.08% of votes cast by value backed the scheme, while 98....
Business Operations and StrategyM&A Transactions
Petrogas Rules Out Takeover Bid for Deltic Energy Under UK Code
Neutral
Jun 3, 2026
Petrogas International EP Coöperatief U.A., a subsidiary of Mohammed Al Barwani LLC, has formally confirmed it does not intend to make an offer for Deltic Energy plc, following earlier speculation and a firm offer announcement from NEO NEXT+ ...
Delistings and Listing ChangesM&A TransactionsShareholder Meetings
Deltic Energy Sets Out Terms for NEO NEXT+ Takeover and AIM Delisting
Neutral
May 28, 2026
Deltic Energy has published the scheme document for its recommended all-cash acquisition by NEO NEXT+ Energy Upstream UK, outlining the full terms of the court-sanctioned takeover and the steps required from shareholders. The board, advised by All...
Business Operations and StrategyFinancial Disclosures
Deltic Energy Receives US$1m Payment From Dana Petroleum for Selene Farm-Out Costs
Positive
May 27, 2026
Deltic Energy has received a payment of US$1.0m from Dana Petroleum relating to costs incurred and contractually repayable under the farm-out of a 25% interest in Licence P2437, which contains the Selene gas prospect in the Southern North Sea. The...
Business Operations and StrategyM&A TransactionsPrivate Placements and Financing
Deltic Energy Restructures Debt Ahead of NEO NEXT+ Takeover
Positive
May 18, 2026
Deltic Energy has fully repaid all amounts outstanding under its previous term loan facility with RockRose Energy, removing that debt from its balance sheet. This repayment marks a shift in the company’s financing arrangements as it moves to...
Business Operations and StrategyPrivate Placements and Financing
Deltic Energy Defers Selene Payment to 2026 Under Agreement with Shell
Positive
May 6, 2026
Deltic Energy has agreed with Shell U.K. Limited to extend the payment deadline for amounts owed by Deltic related to the Selene exploration well, covering £1.53 million accrued between April and October 2025 and any additional sums accruing ...
Business Operations and StrategyM&A Transactions
Deltic Energy Enters Offer Period After Multiple Takeover Approaches
Positive
Apr 23, 2026
Deltic Energy has confirmed it is in separate discussions with Capricorn Energy, Petrogas International EP Coöperatief and Norway’s Blue Concept Hld AS over possible all-cash offers for the entire issued and to-be-issued share capital o...
Business Operations and StrategyM&A Transactions
Deltic Energy Draws Takeover Interest From Three Potential Bidders
Positive
Apr 22, 2026
Deltic Energy has confirmed that it is in separate discussions with Capricorn Energy, Petrogas International EP and Norway’s Blue Concept over potential all-cash offers for the entire issued and to-be-issued share capital of the company, fol...
Business Operations and StrategyM&A TransactionsRegulatory Filings and Compliance
Deltic Energy Takeover by Viaro Bidco Collapses After Regulatory Hold-Up
Negative
Mar 31, 2026
Deltic Energy has confirmed that the recommended cash offer from RockRose Energy’s Viaro Bidco to acquire the entire share capital of the company will lapse at 11:59 p.m. on 31 March 2026, after a court-approved scheme of arrangement failed ...
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.