Energean (ENOG) AI Stock Analysis

• Market Cap: £1.77B
• Dividend Yield: 4.74%
• Average Volume (3M): 368.22K
• Price to Earnings (P/E): 10.9
• Beta (1Y): 1.80
• Revenue Growth: -2.66%
• EPS Growth: 0.11%
• Country: UK
• Employees: 392
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): 0.44
• 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: £1,062.50
• Price Target Upside: 28.71% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 4
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 78 Outperform
• Price Target: 1,086.00p ▲(31.56% Upside)

Energean's strong financial performance, characterized by revenue growth and profitability, is the primary driver of its stock score. Technical indicators show bullish momentum, though caution is advised due to overbought signals. The stock's valuation is attractive, with a low P/E ratio and a solid dividend yield, enhancing its investment 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 operational efficiency needs attention due to declining EBIT margins.

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: Neutral
• Last Price: 825.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• 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 Neutral. The current price of 825.5 is below the 20-day moving average (MA) of 970.63, below the 50-day MA of 918.28, and below the 200-day MA of 879.42, indicating a neutral trend. The MACD of -0.99 indicates Positive momentum. The RSI at 46.39 is Neutral, neither overbought nor oversold. The STOCH value of 46.36 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GB:ENOG.

Energean Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ENOG	78 Outperform	£1.77B	10.89	17.24%	4.74%	-2.66%	0.11%
SEPL	67 Neutral	£1.75B	10.79	12.03%	5.92%	159.13%	143.76%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
HBR	63 Neutral	£3.79B	-10.03	-11.32%	8.29%	123.03%	-330.89%
SQZ	59 Neutral	£852.87M	-33.28	-4.31%	9.32%	-32.89%	-239.58%
ITH	55 Neutral	£3.67B	-29.56	-4.67%	13.01%	63.10%	-161.03%
DEC	53 Neutral	£794.95M	-5.06	-22.53%	7.78%	56.20%	-185.69%

Energean Corporate Events

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.

Energean Announces Director Share Sale

Energean plc has announced a transaction involving the sale of 7,500 ordinary shares by Maria Martin, the Corporate Finance Director. The shares were sold at a price of £9.50 each on October 30, 2025, on the London Stock Exchange. This transaction is part of the company’s regular notifications of transactions by persons discharging managerial responsibilities, reflecting transparency and adherence to regulatory requirements.

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 Prices €400 Million Senior Secured Notes to Enhance Financial Flexibility

Energean plc has announced the pricing of its €400 million senior secured notes due in 2031, with a fixed annual interest rate of 5.625%. The proceeds from this offering are intended to redeem existing senior notes due in 2027, strengthen the company’s balance sheet, and cover related expenses. This strategic financial move is expected to enhance Energean’s financial flexibility and improve its debt profile, potentially benefiting stakeholders by positioning the company for future growth and stability.

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 Q3 Production Surge Amid Challenges

Energean plc reported a 35% increase in production for Q3 2025, with an average output of 176 kboed, driven by strong gas demand in Israel. However, the company’s adjusted EBITDAX for the nine months ended September 2025 was $828 million, a decrease from the previous year due to lower sales in Israel caused by a planned shutdown and a Ministry-ordered suspension of production.

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 Launches €400 Million Notes Offering to Optimize Capital Structure

Energean plc has announced the launch of a €400 million senior secured notes offering due in 2031, intending to use the proceeds to redeem its outstanding senior notes due 2027, fund cash on balance sheet, and cover related fees and expenses. This financial maneuver is part of Energean’s strategic efforts to optimize its capital structure, potentially impacting its financial stability and market positioning positively, while also engaging institutional investors through a global roadshow.

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 Signs Strategic Nitzana Pipeline Agreement

Energean Israel Limited has signed a transmission agreement with Israel Natural Gas Lines Ltd. for the Nitzana pipeline, which will connect Ramat Hovav to Egypt. This agreement, part of Energean’s strategy for long-term value creation, allows for the supply of up to 1 bcm/yr over 15 years and includes provisions for extensions and early termination. Energean’s share of the construction costs is estimated at $100 million, primarily funded by a new $70 million loan. This development strengthens Energean’s position as a key regional player and aligns with Israeli energy policies to boost gas exports, marking a significant milestone in expanding its annual gas sales.

The most recent analyst rating on (GB:ENOG) stock is a Hold with a £930.00 price target. To see the full list of analyst forecasts on Energean stock, see the GB:ENOG Stock Forecast page.

Energean Director Joins Board of Clean Energy Firm

Energean plc announced that Martin Houston, an Independent Non-Executive Director of the company, has been appointed to the Board of Directors of Capital Clean Energy Carriers Corp. This appointment could enhance Energean’s strategic positioning by potentially fostering stronger ties with the clean energy sector, which may benefit stakeholders through diversified energy interests.

The most recent analyst rating on (GB:ENOG) stock is a Buy with a £984.00 price target. To see the full list of analyst forecasts on Energean stock, see the GB:ENOG Stock Forecast page.

Energean Israel Reports Decline in H1 2025 Profits Amid Revenue Drop

Energean Israel Limited reported a decline in revenue and net profit for the first half of 2025 compared to the same period in 2024, with revenue falling from $602.2 million to $482.6 million and net profit decreasing from $173.4 million to $100.5 million. Despite these declines, the company maintained a stable equity position and managed to reduce its non-current liabilities, indicating a focus on long-term financial stability.

The most recent analyst rating on (GB:ENOG) stock is a Buy with a £1027.00 price target. To see the full list of analyst forecasts on Energean stock, see the GB:ENOG Stock Forecast page.

Energean Reports Resilient H1 2025 Results Amid Geopolitical Challenges

Energean plc reported its half-year results for 2025, highlighting resilience amid geopolitical challenges and market pressures. Despite a temporary suspension of operations in Israel, the company achieved a net profit increase and declared a quarterly dividend. Key achievements include securing over $4 billion in new gas contracts, progressing the Katlan project, and advancing carbon storage initiatives. Energean’s strategic focus remains on reliable production in Israel, exploring export opportunities, and optimizing asset value in other regions. Financially, the company faced reduced revenues and adjusted EBITDAX due to lower Brent prices and operational suspensions, but maintained strong liquidity and continued its dividend payouts.

The most recent analyst rating on (GB:ENOG) stock is a Buy with a £1027.00 price target. To see the full list of analyst forecasts on Energean stock, see the GB:ENOG Stock Forecast page.

Energean Declares 2Q 2025 Dividend of 30 Cents Per Share

Energean plc has announced a dividend declaration for the second quarter of 2025, with a payout of 30 US cents per share. The dividend will be paid in US dollars, with key dates for shareholders on the London and Tel Aviv Stock Exchanges set for September 18 and 21, respectively, with the payment date scheduled for September 30, 2025. This announcement reflects Energean’s ongoing commitment to delivering value to its shareholders and may positively impact its market positioning by demonstrating financial stability and shareholder returns.

The most recent analyst rating on (GB:ENOG) stock is a Buy with a £1027.00 price target. To see the full list of analyst forecasts on Energean stock, see the GB:ENOG Stock Forecast page.

Energean Chair Appointed to Bullish Board

Energean plc announced that its Independent Non-Executive Chair, Karen Simon, has been appointed as an Independent Director of Bullish, a company listed on the New York Stock Exchange. This appointment may enhance Energean’s strategic positioning by strengthening its leadership team with cross-industry expertise, potentially benefiting stakeholders through improved governance and strategic insights.

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.