Europa Oil & Gas (Holdings) PLC (GB:EOG)
LSE:EOG
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Europa Oil & Gas (Holdings)
(LSE:EOG)
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Rating:46Neutral
Price Target:
1.50 p
▼(-31.82% Downside)
Action:Reiterated
Date:05/29/26
The score is primarily held back by weakening financial performance: sustained losses, declining revenue, and negative operating/free cash flow outweigh the benefit of low leverage. Technical indicators are broadly neutral and do not provide a strong positive catalyst. Valuation is also constrained by negative earnings (negative P/E) and no provided dividend yield.
Positive Factors
Low leverage
Debt-to-equity near zero materially reduces financial distress risk and preserves strategic optionality. Over the medium term this low leverage supports the company’s ability to fund selective development, pursue farm-outs or withstand commodity swings without heavy interest burdens.
Negative Factors
Sustained losses 2023–2025
The transition from 2022 profitability to recurring losses through 2025 signals structural margin pressure or weaker production economics. Persistent net losses erode retained earnings, reduce reinvestment capacity and increase reliance on external funding, constraining long-term project execution.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage
Debt-to-equity near zero materially reduces financial distress risk and preserves strategic optionality. Over the medium term this low leverage supports the company’s ability to fund selective development, pursue farm-outs or withstand commodity swings without heavy interest burdens.
Read all positive factors
Europa Oil & Gas (Holdings) (EOG) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£19.74M
Dividend YieldN/A
Average Volume (3M)6.15M
Price to Earnings (P/E)―
Beta (1Y)1.03
Revenue GrowthN/A
EPS GrowthN/A
CountryUK
Employees12
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)-0.01
Shares Outstanding1,316,139,200
10 Day Avg. Volume5,442,693
30 Day Avg. Volume6,149,882
Financial Highlights & Ratios
PEG Ratio0.15
Price to Book (P/B)17.94
Price to Sales (P/S)7.30
P/FCF Ratio-27.52
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)>-0.01
Revenue Forecast (FY)£1.80M
Europa Oil & Gas (Holdings) Business Overview & Revenue Model
Company Description
Europa Oil & Gas (Holdings) plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas properties. The company owns a 99% working interest in the West Firsby; 100% working interest in the Crosby War...
How the Company Makes Money
EOG makes money primarily by producing and selling crude oil (and associated hydrocarbons where applicable) from its producing assets, with revenues generally tied to production volumes and realized commodity prices. A key revenue stream has been ...
Europa Oil & Gas (Holdings) Financial Statement Overview
Summary
Income Statement
23
Negative
Balance Sheet
58
Neutral
Cash Flow
29
Negative
| Breakdown | TTM | Dec 2025 | Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.57M | 2.76M | 3.57M | 6.65M | 6.58M | 1.37M |
| Gross Profit | 449.00K | -26.82K | 260.00K | 3.38M | 2.21M | 123.00K |
| EBITDA | -5.56M | -660.00K | -5.56M | 702.00K | 3.24M | -496.00K |
| Net Income | -6.78M | -1.93M | -6.78M | -852.00K | 1.36M | -718.00K |
Balance Sheet | ||||||
| Total Assets | 9.78M | 7.54M | 9.78M | 15.64M | 17.01M | 8.27M |
| Cash, Cash Equivalents and Short-Term Investments | 1.46M | 294.00K | 1.46M | 5.17M | 1.42M | 683.00K |
| Total Debt | 12.00K | 4.00K | 12.00K | 22.00K | 57.00K | 50.00K |
| Total Liabilities | 6.00M | 6.42M | 6.00M | 5.16M | 5.78M | 5.02M |
| Stockholders Equity | 3.78M | 1.12M | 3.78M | 10.48M | 11.23M | 3.25M |
Cash Flow | ||||||
| Free Cash Flow | -1.62M | -732.00K | -1.29M | -2.83M | 814.00K | -1.52M |
| Operating Cash Flow | -614.00K | -181.00K | -614.00K | 2.78M | 2.46M | -535.00K |
| Investing Cash Flow | -3.30M | -1.21M | -3.30M | 1.27M | -8.27M | -986.00K |
| Financing Cash Flow | -8.00K | 260.00K | -8.00K | -19.00K | 6.59M | 1.40M |
Europa Oil & Gas (Holdings) Technical Analysis
Positive
2.20
Price Trends
1.48
Positive
1.56
Positive
1.48
Positive
Market Momentum
<0.01
Negative
58.53
Neutral
57.78
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:EOG, the sentiment is Positive. The current price of 2.2 is above the 20-day moving average (MA) of 1.49, above the 50-day MA of 1.48, and above the 200-day MA of 1.48, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 58.53 is Neutral, neither overbought nor oversold. The STOCH value of 57.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:EOG.
Europa Oil & Gas (Holdings) Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | £21.31M | 2.79 | 32.32% | ― | -21.09% | 154.18% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
51 Neutral | £32.20M | -11.88 | -8.49% | ― | ― | 2.38% | |
47 Neutral | £44.71M | -1.43 | -31.73% | ― | -2.68% | -5.04% | |
46 Neutral | £19.74M | -7.94 | ― | ― | ― | ― | |
45 Neutral | £5.02M | -0.18 | -45.38% | ― | ― | 85.90% | |
43 Neutral | £29.40M | -17.62 | -7.42% | ― | ― | 51.66% |
* Energy Sector Average
GB:EOG
Europa Oil & Gas (Holdings)
1.60
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Europa Oil & Gas (Holdings) Corporate Events
Business Operations and StrategyRegulatory Filings and Compliance
Europa Oil & Gas secures key approval for Equatorial Guinea farm-out
Positive
May 29, 2026
Europa Oil Gas said its associated company Antler Global has received approval from Equatorial Guinea’s Ministry for Mining and Hydrocarbons to proceed with a farm-out agreement with Fuhai relating to the EG-08 production sharing contract. ...
Business Operations and StrategyFinancial DisclosuresPrivate Placements and Financing
Europa Oil & Gas narrows loss as Equatorial Guinea farm-out sets up ‘transformational’ Barracuda well
Positive
May 27, 2026
Europa Oil Gas reported revenue of £3.9 million and a gross profit of £0.3 million for the 17 months to 31 December 2025, narrowing its pre-tax loss to £2.7 million and reducing operating cash outflows, though its year-end cash bal...
Business Operations and StrategyRegulatory Filings and Compliance
Europa Oil & Gas Faces Planning Refusal for Cloughton Gas Appraisal Well
Negative
May 18, 2026
Europa Oil Gas (Holdings) said North Yorkshire Council’s Local Planning Authority has refused planning permission for its Cloughton gas appraisal well, despite the council’s own planning officers and 13 independent expert reports reco...
Business Operations and StrategyLegal Proceedings
Europa Oil & Gas to Appeal North Yorkshire Committee’s Cloughton Well Ruling
Negative
Apr 27, 2026
Europa Oil Gas has reported that North Yorkshire Council’s planning committee is minded to reject its application for a well at Burniston on the Cloughton prospect, despite a positive recommendation from the council’s planning officer...
Regulatory Filings and Compliance
Europa Oil & Gas Confirms Updated Total Voting Rights
Neutral
Mar 31, 2026
Europa Oil Gas (Holdings) plc announced that it has 1,316,139,215 ordinary shares in issue, with none held in treasury, establishing the current total number of voting rights in the company. This updated share capital figure provides the referenc...
Business Operations and StrategyRegulatory Filings and Compliance
Europa Oil & Gas Wins Extension for Key Irish Gas Licence
Positive
Mar 27, 2026
Europa Oil Gas said Ireland’s Department of Climate, Energy and the Environment has approved an extension of Phase 1 of its FEL 4/19 offshore licence to 31 January 2028. The company plans to use the extra time to conduct further technical s...
Private Placements and Financing
Europa Oil & Gas raises £4.1m via discounted placing and scaled-back retail offer
Neutral
Mar 5, 2026
Europa Oil Gas has raised gross proceeds of about £4.14m through a discounted equity placing and an oversubscribed retail offer, issuing roughly 291.7m new shares via an accelerated bookbuild and a further 53.4m shares to existing retail sha...
Business Operations and StrategyPrivate Placements and FinancingShareholder Meetings
Europa Oil & Gas Shareholders Back Capital Resolutions as New Shares and Warrants Issued
Positive
Mar 3, 2026
Europa Oil Gas (Holdings) plc reported that shareholders overwhelmingly approved a special resolution at a general meeting, with 98.32% of votes cast in favour and 1.68% against. The decision underpins the company’s corporate actions to adj...
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.