tiprankstipranks
Trending News
More News >
Energean Oil & Gas plc (GB:ENOG)
LSE:ENOG

Energean (ENOG) AI Stock Analysis

Compare
92 Followers

Top Page

GB

Energean

(LSE:ENOG)

Rating:80Outperform
Price Target:
1,024.00p
â–²(15.58%Upside)
Energean's robust financial performance and strategic corporate events contribute positively to its score. Reasonable valuation metrics and a strong dividend yield further enhance its investment appeal. However, high leverage and mixed long-term technical signals pose cautionary notes.
Positive Factors
Contract Acquisition
Energean has secured a significant contract to supply gas to Kesem's new power plant, boosting revenues by over $2 billion.
Financial Strategy
The proposed sale would accelerate cash flows, reduce liabilities, and allow management to focus on its development strategy.
Revenue Growth
The new Gas Sale and Purchase Agreement with Kesem Energy is set to generate approximately $2 billion in revenues over a 17-year period.
Negative Factors
Market Risk
Despite the improving security situation, fluctuations in demand and geopolitical tensions could impact contract stability.
Regulatory Risk
There is a significant risk that the transaction may be terminated if customary regulatory approvals are not satisfied.
Transaction Uncertainty
The deal's termination could pose uncertainties despite the analyst's expectation of no negative impact on net asset value.

Energean (ENOG) vs. iShares MSCI United Kingdom ETF (EWC)

Energean Business Overview & Revenue Model

Company DescriptionEnergean 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 MoneyEnergean makes money through the exploration, extraction, and sale of natural gas and crude oil. The company's primary revenue streams include the sale of these hydrocarbons to both domestic and international markets. Energean has established key partnerships and offtake agreements, particularly in the Eastern Mediterranean region, which help secure long-term revenue. Additionally, the company benefits from stable production from its developed assets and continues to invest in exploration activities to enhance its asset portfolio and future revenue potential.

Energean Financial Statement Overview

Summary
Energean has shown strong revenue growth and improved profitability with a robust cash flow. However, high leverage and recent declines in EBIT margin could pose risks if not managed effectively.
Income Statement
85
Very Positive
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
78
Positive
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
80
Positive
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
Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
1.31B1.42B737.08M496.99M28.01M
Gross Profit
612.29M660.09M376.94M151.29M-20.50M
EBIT
394.42M598.25M234.24M22.86M-105.65M
EBITDA
746.92M909.19M411.45M198.89M-89.27M
Net Income Common Stockholders
188.07M184.94M17.27M-96.05M-91.41M
Balance SheetCash, Cash Equivalents and Short-Term Investments
182.25M346.77M442.97M747.98M241.69M
Total Assets
5.92B5.78B5.73B5.24B4.14B
Total Debt
3.28B3.29B3.05B2.99B1.49B
Net Debt
3.10B2.94B2.63B2.26B1.29B
Total Liabilities
5.29B5.10B5.08B4.52B2.94B
Stockholders Equity
638.09M686.12M650.20M717.12M928.09M
Cash FlowFree Cash Flow
356.43M115.12M-123.60M-271.00M-402.50M
Operating Cash Flow
1.12B656.19M272.15M132.50M1.47M
Investing Cash Flow
-809.42M-416.46M-307.94M-642.78M-597.56M
Financing Cash Flow
-426.04M-327.35M-267.48M1.06B436.05M

Energean Technical Analysis

Technical Analysis Sentiment
Positive
Last Price886.00
Price Trends
50DMA
851.39
Positive
100DMA
886.48
Negative
200DMA
894.77
Negative
Market Momentum
MACD
7.91
Positive
RSI
52.46
Neutral
STOCH
45.14
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:ENOG, the sentiment is Positive. The current price of 886 is above the 20-day moving average (MA) of 885.81, above the 50-day MA of 851.39, and below the 200-day MA of 894.77, indicating a neutral trend. The MACD of 7.91 indicates Positive momentum. The RSI at 52.46 is Neutral, neither overbought nor oversold. The STOCH value of 45.14 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:ENOG.

Energean Peers Comparison

Overall Rating
UnderperformOutperform
Sector (58)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
80
Outperform
£1.66B11.2617.50%724.87%-9.80%-1.98%
GBITH
78
Outperform
£2.49B14.625.54%11.25%-16.96%-34.52%
77
Outperform
£1.37B10.109.56%3.56%89.44%540.95%
GBSQZ
75
Outperform
£640.63M8.7711.29%8.51%-9.79%-46.17%
GBHBR
68
Neutral
£3.34B21.62-2.87%3.88%29.33%―
GBDEC
58
Neutral
£855.28M―-16.60%7.83%-11.09%-110.76%
58
Neutral
$7.37B3.39-4.49%10.01%0.82%-49.15%
* Energy Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:ENOG
Energean
886.00
-40.92
-4.41%
GB:DEC
Diversified Energy Company
1,095.00
24.44
2.28%
GB:HBR
Harbour Energy
196.50
-88.61
-31.08%
GB:SEPL
SEPLAT Petroleum Development
231.00
47.97
26.21%
GB:SQZ
Serica Energy
162.00
24.05
17.43%
GB:ITH
Ithaca Energy PLC
150.60
47.05
45.44%

Energean Corporate Events

Regulatory Filings and Compliance
Energean Announces Share Sale by Group HR Director
Neutral
Jun 11, 2025

Energean plc announced a transaction involving the sale of ordinary shares by Angelos Mastrantonis, the Group HR Director. The transaction involved the sale of 14,498 ordinary shares at a price of £8.915 each, conducted on June 10, 2025, on the XLON exchange. This notification is part of the company’s regulatory compliance to disclose transactions by persons discharging managerial responsibilities, which may impact stakeholders’ perception of the company’s governance and transparency.

The most recent analyst rating on (GB:ENOG) stock is a Hold with a £9.10 price target. To see the full list of analyst forecasts on Energean stock, see the GB:ENOG Stock Forecast page.

Executive/Board ChangesShareholder Meetings
Energean Enhances Executive Incentive Plan to Boost Long-Term Performance
Neutral
Jun 3, 2025

Energean plc has announced the approval of a revised Directors’ Remuneration Policy at its recent Annual General Meeting, which increases the Long-Term Incentive Plan (LTIP) opportunity for Executive Directors to 300% of their salary. This change reflects the company’s strategic focus on aligning executive compensation with long-term performance goals, potentially impacting shareholder value and executive motivation.

The most recent analyst rating on (GB:ENOG) stock is a Hold with a £9.10 price target. To see the full list of analyst forecasts on Energean stock, see the GB:ENOG Stock Forecast page.

Other
Energean CFO Transfers Shares Without Changing Ownership
Neutral
May 29, 2025

Energean plc announced a transaction involving its Chief Financial Officer, Panos Benos, who transferred 228,247 ordinary shares from an employee share account to his personal share account. This transaction does not alter the beneficial ownership of the shares, indicating no change in the company’s shareholding structure. The move is part of routine managerial responsibilities and does not impact the company’s operations or market positioning.

The most recent analyst rating on (GB:ENOG) stock is a Hold with a £9.10 price target. To see the full list of analyst forecasts on Energean stock, see the GB:ENOG Stock Forecast page.

Business Operations and StrategyFinancial Disclosures
Energean Israel Reports Q1 2025 Financial Results Amidst Increased Expenses
Negative
May 22, 2025

Energean Israel Limited reported its unaudited interim consolidated financial statements for the quarter ending March 31, 2025. The company experienced a decrease in net profit compared to the previous year, attributed to increased administrative and exploration expenses. Despite a reduction in revenue, Energean maintained a strong cash position and continued its investment in property and equipment, signaling ongoing commitment to its operational growth and development in the Israeli market.

The most recent analyst rating on (GB:ENOG) stock is a Hold with a £9.10 price target. To see the full list of analyst forecasts on Energean stock, see the GB:ENOG Stock Forecast page.

DividendsBusiness Operations and StrategyFinancial Disclosures
Energean Reports Strong Q1 2025 Performance and Strategic Developments
Positive
May 22, 2025

Energean plc reported a solid trading performance for the first quarter of 2025, with an average production of 145 kboed and significant contracted revenues from Israeli customers. The company is advancing several key projects, including the Katlan development in Israel and the Prinos carbon storage project in Greece. Energean is also exploring growth opportunities in the EMEA region, maintaining capital discipline while seeking to optimize cash flow and extend asset life. The company’s financial position remains strong, with a declared quarterly dividend and continued focus on maximizing free cash flow.

The most recent analyst rating on (GB:ENOG) stock is a Hold with a £9.10 price target. To see the full list of analyst forecasts on Energean stock, see the GB:ENOG Stock Forecast page.

Dividends
Energean Declares 1Q 2025 Dividend of 30 Cents per Share
Positive
May 22, 2025

Energean plc has announced a dividend declaration for the first 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 payment dates set for June 30, 2025. This announcement reflects Energean’s ongoing commitment to delivering shareholder value and may influence investor perceptions positively.

The most recent analyst rating on (GB:ENOG) stock is a Hold with a £9.10 price target. To see the full list of analyst forecasts on Energean stock, see the GB:ENOG Stock Forecast page.

Executive/Board Changes
Energean Announces Share Awards for CEO Under Incentive Plans
Neutral
Apr 30, 2025

Energean plc announced the grant of awards under its Deferred Bonus Share Plan and Long-Term Incentive Plan to Nicolas Katcharov, CEO of Energean International. These awards, which include conditional shares, are set to vest over the next few years and are tied to performance metrics, reflecting Energean’s commitment to aligning managerial incentives with long-term company performance.

Shareholder MeetingsFinancial Disclosures
Energean Releases 2024 Annual Report and AGM Notice
Neutral
Apr 17, 2025

Energean plc has published its Annual Report and Accounts for the year ending December 31, 2024, along with the notice for its 2025 Annual General Meeting (AGM). The AGM is scheduled for May 22, 2025, in London, and the documents are available on the company’s website and the National Storage Mechanism. This announcement is crucial for shareholders as it includes the Energean plc Long Term Incentive Plan, which will be submitted for approval at the AGM, potentially impacting the company’s strategic direction and shareholder value.

Business Operations and Strategy
Energean Secures $2 Billion Gas Supply Deal with Kesem Energy
Positive
Apr 14, 2025

Energean plc has announced a new Gas Sale and Purchase Agreement with Kesem Energy Ltd for the supply of gas to a new power plant in Israel. The contract, valued at over $2 billion, is expected to provide around 12.5 bcm of gas over 17 years, contributing to Energean’s strategy of securing stable long-term cash flows and reinforcing its role in meeting Israel’s growing demand for natural gas.

Regulatory Filings and Compliance
Energean PLC Announces Change in Voting Rights Structure
Neutral
Apr 8, 2025

Energean PLC has announced a change in the breakdown of its voting rights, with Efstathios Topouzoglou now holding a 9.050% stake, up from a previous 8.926%. This adjustment in voting rights indicates a shift in shareholder influence, potentially impacting the company’s governance and decision-making processes.

Private Placements and FinancingBusiness Operations and Strategy
Energean Announces Strategic Share Purchase by OilCo Investments
Neutral
Apr 8, 2025

Energean plc announced a transaction involving the purchase of ordinary shares by OilCo Investments Limited, a company associated with Efstathios Topouzoglou. This transaction, involving 100,000 shares at an average price of £8.077, reflects strategic financial maneuvers within the company, potentially impacting its market positioning and stakeholder interests.

Executive/Board ChangesDividends
Energean Announces Vesting and Release of Dividend Equivalent Shares
Neutral
Apr 4, 2025

Energean plc announced the vesting and release of dividend equivalent shares under its Long-Term Incentive Plan (LTIP) and Deferred Bonus Plan (DBP) for the periods 2020-2022 and 2022-2024. This includes the release of shares related to the interim dividend announced in February 2025. The transactions involve key executives, including the CEO and CFO, who have sold shares to cover tax liabilities. This move reflects the company’s ongoing efforts to align executive compensation with shareholder interests and manage financial obligations.

Regulatory Filings and Compliance
Energean CFO Sells Shares in Regulatory Transaction
Neutral
Mar 31, 2025

Energean plc announced a transaction involving the sale of ordinary shares by Shlomi Levi, the CFO of Energean Israel. The transaction, which took place on March 28, 2025, involved the sale of 10,129 shares at an average price of £8.692 per share. This notification is part of the company’s regulatory requirements to disclose transactions by persons discharging managerial responsibilities.

Regulatory Filings and Compliance
Energean Updates Total Voting Rights
Neutral
Mar 31, 2025

Energean plc has announced that its total issued share capital consists of 184,280,959 ordinary shares, all of which carry voting rights. This update is crucial for shareholders as it determines the denominator for calculating their interests in the company under the FCA’s Disclosure Guidance and Transparency Rules.

Other
Energean Director Acquires Shares, Signaling Confidence
Positive
Mar 27, 2025

Energean plc announced a transaction involving Martin Houston, an Independent Non-Executive Director, who purchased 12,000 ordinary shares at a price of £8.646 each. This transaction highlights insider confidence in the company’s prospects and could positively influence stakeholder perceptions of Energean’s market position.

Executive/Board ChangesDividends
Energean Announces Share Release Under Long Term Incentive Plan
Neutral
Mar 26, 2025

Energean plc announced the release of shares under its Long Term Incentive Plan (LTIP) for the period 2020-2022, which includes dividend equivalent shares related to interim dividends paid over the past two years. The release also involves the sale of shares by certain executives to cover tax liabilities, reflecting the company’s ongoing commitment to aligning management incentives with shareholder interests.

Executive/Board ChangesBusiness Operations and Strategy
Energean Announces LTIP Share Vesting and Transactions by Key Executives
Neutral
Mar 26, 2025

Energean plc announced the vesting of shares under its Long-Term Incentive Plan (LTIP) for the period 2022-2024, which includes dividend equivalent shares related to interim dividends announced and paid between 2022 and 2024. The transactions involve key managerial personnel, including the CEO and CFO, who have vested shares and sold some to cover tax liabilities. This move reflects Energean’s commitment to aligning its leadership’s interests with long-term shareholder value, potentially impacting its market position and stakeholder confidence.

Executive/Board ChangesDividends
Energean Announces Share Vesting Under 2023 Deferred Bonus Plan
Neutral
Mar 26, 2025

Energean plc announced the vesting of shares under its 2023 Deferred Bonus Plan, which includes dividend equivalent shares related to interim dividends announced and paid throughout 2023 and 2024. This transaction involves several key executives, including the CEO and CFO, who have sold shares to cover tax liabilities, reflecting the company’s ongoing commitment to aligning management incentives with shareholder interests.

Executive/Board ChangesBusiness Operations and Strategy
Energean Announces Share Awards to Key Executives
Neutral
Mar 26, 2025

Energean plc has announced the grant of conditional awards over shares to several key executives under its Deferred Bonus Share Plan. These awards, which will vest on the second anniversary of the grant date, include the right to receive dividend equivalents as shares for any future dividends before the vesting date. This move is part of Energean’s strategy to align management incentives with shareholder interests, potentially impacting the company’s operational focus and stakeholder engagement.

Executive/Board ChangesBusiness Operations and Strategy
Energean Aligns Executive Incentives with Long-Term Goals
Positive
Mar 26, 2025

Energean plc has announced the grant of conditional awards over shares to several key executives under its Long-Term Incentive Plan. The awards, which are subject to a performance period ending on December 31, 2027, and a subsequent two-year holding period, reflect the company’s commitment to aligning management incentives with long-term shareholder value. This move is expected to enhance the company’s operational focus and strengthen its market position by ensuring that key personnel are motivated to achieve strategic goals.

Private Placements and FinancingBusiness Operations and Strategy
Energean Announces Strategic Share Purchase by OilCo Investments
Neutral
Mar 26, 2025

Energean plc has announced a significant transaction involving the purchase of ordinary shares by OilCo Investments Limited, a company associated with Efstathios Topouzoglou. This transaction, involving a total of 200,000 shares at an average price of £8.491, reflects strategic financial maneuvers that may impact Energean’s market positioning and stakeholder interests.

Business Operations and Strategy
Energean Announces Strategic Share Purchase by Key Stakeholder
Positive
Mar 25, 2025

Energean plc announced a transaction involving the purchase of ordinary shares by Growthy Holdings Co. Limited, a company associated with Mathios Rigas. The transaction involved multiple purchases at varying prices, aggregating to a total volume of 80,989 shares at an average price of £8.564. This move reflects a strategic investment by a key stakeholder, potentially impacting Energean’s market position and signaling confidence in the company’s future prospects.

Business Operations and Strategy
Energean Announces Strategic Share Purchase by Associated Company
Neutral
Mar 25, 2025

Energean plc announced a transaction involving the purchase of 34,000 ordinary shares by Adobelero Holdings Co. Limited, a company associated with Panos Benos. This transaction reflects a strategic move in the company’s stock management, potentially impacting its market position and shareholder value.

M&A TransactionsBusiness Operations and StrategyRegulatory Filings and Compliance
Energean Terminates Sale of Mediterranean Assets to Carlyle
Neutral
Mar 21, 2025

Energean has announced the termination of its strategic sale of assets in Egypt, Italy, and Croatia to Carlyle International Energy Partners due to unmet regulatory approvals. Despite the setback, Energean remains committed to its strategic direction and growth, emphasizing the importance of these regions as core pillars of its operations, and plans to continue investing and creating value in these markets.

Financial Disclosures
Energean Israel Limited Releases 2024 Financial Statements with Auditor’s Approval
Neutral
Mar 20, 2025

Energean Israel Limited has released its consolidated financial statements for the year ending December 31, 2024. The independent auditor’s report confirms that the financial statements present a fair view of the company’s financial position and performance in accordance with IFRS. A significant audit focus was on the estimation of oil and gas reserves, which impacts key financial metrics such as decommissioning, recoverability, and depreciation. The audit process included a thorough review of the company’s reserve estimation methods and the integration of these estimates into financial reporting, ensuring transparency and accuracy for stakeholders.

Private Placements and FinancingBusiness Operations and StrategyFinancial Disclosures
Energean Reports Strong 2024 Results Amidst Strategic Growth
Positive
Mar 20, 2025

Energean plc reported a significant increase in production and financial performance for 2024, with a 24% rise in group production and a 25% increase in revenues. The company continues to develop its assets, with key projects in Israel and Greece, and has secured substantial funding for its Prinos carbon storage project. Despite geopolitical challenges, Energean maintained high operational uptime and is focused on long-term growth and sustainability, supported by strong gas sales agreements and a commitment to reducing emissions.

Delistings and Listing ChangesBusiness Operations and Strategy
Energean Seeks Block Listing for 800,000 Shares on LSE
Neutral
Mar 18, 2025

Energean plc has applied for a block listing of 800,000 ordinary shares on the London Stock Exchange to support its Long Term Incentive Plan and Deferred Bonus Plan. This move is expected to enhance the company’s operational flexibility and align with its strategic goals, potentially impacting its market positioning and stakeholder interests.

M&A TransactionsBusiness Operations and StrategyRegulatory Filings and Compliance
Energean Faces Uncertainty in Strategic Asset Sale
Negative
Mar 17, 2025

Energean plc announced an update on its proposed sale of its portfolio in Egypt, Italy, and Croatia to Carlyle International Energy Partners. The transaction faces potential termination due to pending regulatory approvals in Italy and Egypt, which have not been obtained by Carlyle. Energean is committed to maximizing shareholder returns and will explore strategic options if the sale does not proceed.

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.