Energean (ENOG) AI Stock Analysis

• Market Cap: £1.58B
• Dividend Yield: 10.99%
• Average Volume (3M): 368.22K
• Price to Earnings (P/E): 9.8
• Beta (1Y): 1.59
• Revenue Growth: -2.66%
• EPS Growth: 0.11%
• Country: UK
• Employees: 392
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): 0.43
• Shares Outstanding: 184,280,960
• 10 Day Avg. Volume: 304,572
• 30 Day Avg. Volume: 368,221
• PEG Ratio: -6.62
• Price to Book (P/B): 3.75
• Price to Sales (P/S): 1.82
• P/FCF Ratio: 6.72
• 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: £730.00
• Price Target Upside: -19.51% Downside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 2
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 73 Outperform
• Price Target: 986.00p ▲(8.71% Upside)

Energean's strong financial performance and strategic corporate events are significant positives, contributing to a robust score. However, technical indicators suggest bearish momentum, which tempers the overall score. The company's valuation is attractive, with a low P/E ratio and high dividend yield, supporting the stock's appeal.

Positive Factors

Revenue Growth

Consistent revenue growth indicates Energean's successful market penetration and product demand, supporting long-term financial stability.

Cash Flow Generation

Strong cash flow generation enhances Energean's ability to fund operations, invest in growth opportunities, and manage debt effectively.

Profitability

Improved profitability through better cost management strengthens Energean's financial health, enabling reinvestment and shareholder returns.

Negative Factors

High Leverage

High leverage can increase financial risk, potentially impacting Energean's ability to navigate economic downturns or invest in future growth.

Operational Efficiency

Declining EBIT margins indicate potential inefficiencies in operations, which could affect profitability and competitiveness if not addressed.

Capital Expenditure Fluctuations

Variability in capital spending can lead to inconsistent free cash flow, affecting Energean's ability to plan and execute long-term strategic initiatives.

Energean Business Overview & Revenue Model

Company Description

Energean plc engages in the exploration, development, and production of oil and gas. It operates through four segments: Europe, Israel, Egypt, and New Ventures. The company holds interests in the Eastern Mediterranean. Its flagship project is the Karish and Tanin development located to the offshore Israel. The company has 965 million barrels of oil equivalents of proven and probable, and contingent resources. It also provides financing services; and holds a gas transportation license. The company was formerly known as Energean Oil & Gas plc and changed its name to Energean plc in May 2020. Energean plc was founded in 2007 and is based in London, the United Kingdom.

How the Company Makes Money

Energean generates revenue primarily through the sale of crude oil and natural gas produced from its offshore fields. The company benefits from long-term contracts and agreements with local and international buyers, which provide a steady revenue stream. Additionally, Energean engages in the development of new projects that expand its production capacity, thus increasing its potential earnings. The company's strategic partnerships, particularly in the Eastern Mediterranean, allow for cost-sharing and access to resources, further enhancing its financial performance. Market conditions, such as global oil and gas prices, also play a significant role in influencing Energean's revenue, as fluctuations in these prices can directly impact its earnings from sales.

Energean Financial Statement Overview

Summary

Energean has shown strong revenue growth, improved profitability, and robust cash flow generation. However, high leverage poses a potential risk, and there are challenges in operational efficiency as indicated by the declining EBIT margin.

Income Statement

Energean has demonstrated strong revenue growth over the past few years, with a significant increase from 2019 to 2024. The gross profit margin has improved, reflecting better cost management. The net profit margin has also turned positive, indicating enhanced profitability. However, the EBIT margin showed a decline in the most recent year, suggesting some challenges in operational efficiency.

Balance Sheet

The company's debt-to-equity ratio is relatively high, indicating significant leverage which could pose risks if not managed carefully. However, the return on equity has improved significantly, signaling effective use of shareholder funds. The equity ratio remains stable, demonstrating a consistent capital structure.

Cash Flow

Energean has shown remarkable improvement in operating cash flow, with substantial growth in free cash flow, indicating strong cash generation capabilities. The operating cash flow to net income ratio is robust, reflecting good conversion of earnings into cash. However, fluctuations in capital expenditure have impacted free cash flow in certain years.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.14B	1.31B	1.42B	737.08M	496.99M	28.01M
Gross Profit	414.05M	612.29M	660.09M	376.94M	151.29M	-20.50M
EBITDA	553.27M	746.92M	909.19M	411.45M	198.89M	-89.27M
Net Income	1.17M	188.07M	184.94M	17.27M	-96.05M	-91.41M
Balance Sheet
Total Assets	6.31B	5.92B	5.78B	5.73B	5.24B	4.14B
Cash, Cash Equivalents and Short-Term Investments	422.31M	182.25M	365.95M	442.97M	747.98M	241.69M
Total Debt	3.51B	3.28B	3.29B	3.05B	2.99B	1.49B
Total Liabilities	5.66B	5.29B	5.10B	5.08B	4.52B	2.94B
Stockholders Equity	646.56M	638.09M	686.12M	650.20M	717.12M	928.09M
Cash Flow
Free Cash Flow	180.01M	356.43M	115.12M	-123.60M	-271.00M	-402.50M
Operating Cash Flow	978.61M	1.12B	656.19M	272.15M	132.50M	1.47M
Investing Cash Flow	-786.99M	-809.42M	-416.46M	-307.94M	-642.78M	-597.56M
Financing Cash Flow	-241.29M	-426.04M	-327.35M	-267.48M	1.06B	436.05M

Energean Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 907.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:ENOG, the sentiment is Negative. The current price of 907 is above the 20-day moving average (MA) of 897.57, above the 50-day MA of 894.00, and above the 200-day MA of 872.59, indicating a bearish trend. The MACD of -12.10 indicates Positive momentum. The RSI at 39.32 is Neutral, neither overbought nor oversold. The STOCH value of 30.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:ENOG.

Energean Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ENOG	73 Outperform	£1.58B	9.84	17.24%	10.99%	-2.66%	0.11%
SEPL	73 Outperform	£2.14B	13.04	12.03%	5.64%	159.13%	143.76%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
SQZ	60 Neutral	£813.56M	-31.75	-4.31%	9.30%	-32.89%	-239.58%
GENL	55 Neutral	£167.40M	-3.98	-11.54%	―	-0.20%	-25.68%
ITH	54 Neutral	£2.99B	-34.01	-4.67%	14.05%	63.10%	-161.03%
RKH	53 Neutral	£623.91M	―	6.97%	―	―	―

Energean Corporate Events

Energean Delivers Resilient 2025 Results and Sets Capital-Intensive Growth Plan for 2026

Energean reported a resilient 2025 trading performance, with group production averaging 154 kboed (85% gas) at the upper end of guidance and largely driven by strong output in Israel, despite a temporary suspension linked to regional geopolitical tensions. Sales revenue of $1.716 billion and adjusted EBITDAX of $1.112 billion were broadly flat year-on-year, supported by long-term gas contracts worth more than $20 billion over the next two decades, tight cost control, disciplined capital spending below guidance, and $221 million returned to shareholders, leaving a broadly stable balance sheet albeit with net debt around $3.255 billion. The company strengthened its position in the Israeli gas market by signing over $4 billion of new long-term domestic gas contracts to supply new power stations and sanctioning the Nitzana export pipeline to Egypt, while also receiving a final 2025 payment from Egypt’s EGPC that slipped into early 2026, and it expects a non-cash impairment of around €300 million on its non-operated Cassiopea asset following weaker-than-expected performance, alongside ongoing arbitration with the operator over disputed costs and lost revenues. Looking to 2026, Energean guided to slightly lower group production of 140–150 kboed due to planned shutdowns in Israel and natural decline in Egypt, but plans elevated capital expenditure of up to $800 million focused on delivering key milestones for the Katlan (Israel) and Irena (Croatia) projects ahead of first gas in 2027, advancing new export pathways, launching a multi-well exploration programme in Egypt and Greece, and evaluating M&A opportunities in West Africa, while keeping consolidated net debt broadly flat and maintaining strict cost discipline.

The most recent analyst rating on (GB:ENOG) stock is a Buy with a £986.00 price target. To see the full list of analyst forecasts on Energean stock, see the GB:ENOG Stock Forecast page.

Energean Israel Limited Reports Financial Results for Nine Months Ended September 2025

Energean Israel Limited reported a decrease in revenue and net profit for the nine months ended 30 September 2025, compared to the same period in 2024. Despite the decline in revenue from $974.9 million to $845.4 million and net profit from $297.4 million to $206.3 million, the company maintained a strong financial position with total assets increasing to $3.56 billion. The company’s equity also saw a significant rise, driven by comprehensive income and retained earnings. This financial performance reflects the company’s ongoing efforts in managing costs and optimizing operations, which are crucial for its stakeholders and market positioning.

The most recent analyst rating on (GB:ENOG) stock is a Buy with a £1086.00 price target. To see the full list of analyst forecasts on Energean stock, see the GB:ENOG Stock Forecast page.

Energean Reports Strong Q3 Production and Strategic Partnerships

Energean reported a 35% increase in production in Q3 2025, driven by strong gas demand in Israel, resulting in $828 million in adjusted EBITDAX for the first nine months of the year. The company strengthened its position in Greece by partnering with ExxonMobil in a deepwater exploration concession and is making progress on projects in Egypt and Greece, including carbon storage and concession mergers. Energean also signed significant gas supply agreements in Israel and Cyprus, while maintaining strong financial discipline and extending debt maturity through successful refinancing.

The most recent analyst rating on (GB:ENOG) stock is a Buy with a £1086.00 price target. To see the full list of analyst forecasts on Energean stock, see the GB:ENOG Stock Forecast page.

Energean Declares 3Q 2025 Dividend of 30 Cents per Share

Energean plc has announced a dividend declaration for the third quarter of 2025, with a payout of 30 US cents per share. The dividend will be distributed to shareholders on both the London and Tel Aviv Stock Exchanges, with key dates set for early December and payment scheduled for late December. This announcement underscores Energean’s commitment to returning value to its shareholders and may enhance its attractiveness to investors.

The most recent analyst rating on (GB:ENOG) stock is a Buy with a £1086.00 price target. To see the full list of analyst forecasts on Energean stock, see the GB:ENOG Stock Forecast page.

Energean Announces Share Sale by Head of Financial Control

Energean plc announced a transaction involving the sale of ordinary shares by Stella Lena, the Head of Financial Control, as part of a notification of transactions by persons discharging managerial responsibilities. The transaction, conducted on the London Stock Exchange, involved the sale of 3,215 shares at a price of £10.33 each. This move is part of routine financial activities and reflects internal adjustments within the company’s management structure.

The most recent analyst rating on (GB:ENOG) stock is a Buy with a £1086.00 price target. To see the full list of analyst forecasts on Energean stock, see the GB:ENOG Stock Forecast page.

Energean CEO of Israel Division Sells Shares

Energean announced a transaction involving Shaul Zemach, CEO of Energean Israel, who sold 40,000 ordinary shares in the company. The transactions were conducted on November 12 and 13, 2025, at prices of £10.313 and £10.061 per share, respectively, with an aggregated price of £10.125. This sale may impact the company’s stock market perception and stakeholder interests, reflecting internal financial strategies or personal financial decisions of key managerial personnel.

The most recent analyst rating on (GB:ENOG) stock is a Buy with a £1086.00 price target. To see the full list of analyst forecasts on Energean stock, see the GB:ENOG Stock Forecast page.

Energean Announces Director Share Sale

Energean plc announced a transaction involving the sale of ordinary shares by Moran Erez, the General Counsel in Israel. The transaction involved the sale of 17,000 ordinary shares at an average price of £9.821. This notification is part of the company’s regulatory obligations to disclose transactions by persons discharging managerial responsibilities, reflecting transparency in its operations.

The most recent analyst rating on (GB:ENOG) stock is a Buy with a £1086.00 price target. To see the full list of analyst forecasts on Energean stock, see the GB:ENOG Stock Forecast page.