Genel Energy (GB:GENL)
LSE:GENL
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Genel Energy
(LSE:GENL)
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Rating:50Neutral
Price Target:
53.00 p
▼(-7.99% Downside)
Action:ReiteratedDate:03/31/26
The score is held back mainly by weak/volatile profitability and bearish technical momentum (price below key moving averages with negative MACD). Offsetting these are a comparatively strong balance sheet and liquidity position plus management’s emphasis on financial resilience, though near-term operational and pricing/export uncertainty remains a major risk.
Positive Factors
Strong liquidity and low leverage
A large cash balance and net cash position provide durable financial optionality: they allow funding of Tawke sustainment, measured capex and selective M&A without immediate refinancing, absorb cyclical oil shocks, and reduce solvency risk while security/export timing is resolved.
Negative Factors
Operations suspended by regional security
Precautionary suspensions introduce persistent operational uncertainty: restart timing depends on geopolitical developments, prolongs reduced production and delays value-adding drilling. This structural security risk raises downside to medium-term output and cash generation.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong liquidity and low leverage
A large cash balance and net cash position provide durable financial optionality: they allow funding of Tawke sustainment, measured capex and selective M&A without immediate refinancing, absorb cyclical oil shocks, and reduce solvency risk while security/export timing is resolved.
Read all positive factors
Genel Energy (GENL) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£142.90M
Dividend YieldN/A
Average Volume (3M)507.84K
Price to Earnings (P/E)―
Beta (1Y)1.46
Revenue Growth-0.20%
EPS Growth-25.68%
CountryUK
Employees76
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)-0.03
Shares Outstanding279,402,860
10 Day Avg. Volume325,149
30 Day Avg. Volume507,839
Financial Highlights & Ratios
PEG Ratio0.28
Price to Book (P/B)0.63
Price to Sales (P/S)3.14
P/FCF Ratio23.23
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
£90.00Price Target Upside56.25% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-0.04
Revenue Forecast (FY)£111.70M
Genel Energy Business Overview & Revenue Model
Company Description
Genel Energy plc, through its subsidiaries, operates as an independent oil and gas exploration and production company. It operates through two segments, Production and Pre-production. The Production segment holds a 25% working interest in the Tawk...
How the Company Makes Money
Genel Energy makes money primarily by producing crude oil from its upstream assets and selling that oil into export and/or domestic marketing channels applicable to the Kurdistan Region of Iraq. Revenue is generated from the company’s share of pro...
Genel Energy Earnings Call Summary
Earnings Call Date:Mar 18, 2026
(Q4-2025)
| % Change Since: |
Next Earnings Date:Aug 11, 2026
Earnings Call Sentiment Neutral
The call balances clear financial and operational strengths — a strong cash position (~$224M), underleveraged balance sheet, proven Tawke asset with low costs and recent drilling success — against material near-term risks from regional security, suspended operations and export/price uncertainty (realized price ~$32 vs Brent $69). Management emphasizes resilience, cost discipline, optionality for M&A, and readiness to restart operations, while acknowledging timing uncertainty for growth projects in Oman and Somaliland and pending legal matters. Overall the company appears well-funded and operationally capable but faces meaningful near-term geopolitical and market headwinds.Positive Updates
Strong liquidity and underleveraged balance sheet
Cash of $224M at year-end and approximately the same today, gross debt $92M and net cash $134M, providing strong optionality to fund Tawke programs, organic growth and M&A.
Negative Updates
Operations suspended due to Middle East security
Production and the 2026 Tawke drilling campaign (two rigs mobilized) are temporarily suspended on precautionary grounds following regional hostilities; restart timing remains uncertain and dependent on evolving security conditions.
Read all updates
Q4-2025 Updates
Positive
Negative
Strong liquidity and underleveraged balance sheet
Cash of $224M at year-end and approximately the same today, gross debt $92M and net cash $134M, providing strong optionality to fund Tawke programs, organic growth and M&A.
Read all positive updates
Company Guidance
Genel reiterated guidance to preserve a strong balance sheet and prioritize Tawke investment while pursuing disciplined M&A and organic growth, with key metrics including FY2025 working‑interest production of ~17,500 bpd (Tawke gross 2P ~254 million barrels; company net 2P 64 million barrels), EBITDAX $43m (underlying domestic EBITDAX ~$35m), realized domestic price $32/bbl versus Brent $69/bbl, operating costs ~ $4/bbl and emissions ~17 kg/barrel, cash of ~$224–225m (net cash ~$134m; gross debt $92m), a claim that production can be restarted within 1–2 weeks of a safe “green line,” the 2026 Tawke drilling campaign currently suspended, Oman Block 54 committing to two wells expected early 2027 with Genel spend ~ $15m over three years, and Somaliland’s Toosan‑1 targeting ~650 million barrels prospective resources.Genel Energy Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
63
Positive
Cash Flow
56
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 70.14M | 74.70M | 84.80M | 432.70M | 334.90M |
| Gross Profit | -3.88M | 5.00M | 29.80M | 232.50M | 116.30M |
| EBITDA | 37.16M | 8.30M | 43.20M | 300.00M | -106.20M |
| Net Income | ― | -76.90M | -61.30M | -7.30M | -308.00M |
Balance Sheet | |||||
| Total Assets | 561.20M | 598.90M | 795.10M | 943.50M | 1.02B |
| Cash, Cash Equivalents and Short-Term Investments | 224.48M | 195.00M | 363.40M | 494.60M | 313.70M |
| Total Debt | 90.73M | 65.80M | 244.20M | 269.50M | 278.10M |
| Total Liabilities | 210.08M | 241.60M | 361.20M | 415.70M | 435.30M |
| Stockholders Equity | 351.13M | 357.30M | 433.90M | 527.80M | 581.10M |
Cash Flow | |||||
| Free Cash Flow | 9.50M | 42.10M | -43.40M | 264.20M | 115.50M |
| Operating Cash Flow | 28.79M | 66.90M | 55.10M | 412.40M | 228.10M |
| Investing Cash Flow | -23.89M | -24.80M | -98.50M | -148.20M | -112.60M |
| Financing Cash Flow | 24.50M | -209.90M | -87.80M | -83.30M | -156.30M |
Genel Energy Technical Analysis
Negative
57.60
Price Trends
59.28
Negative
59.10
Negative
61.63
Negative
Market Momentum
-1.97
Positive
32.11
Neutral
18.44
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:GENL, the sentiment is Negative. The current price of 57.6 is above the 20-day moving average (MA) of 56.16, below the 50-day MA of 59.28, and below the 200-day MA of 61.63, indicating a bearish trend. The MACD of -1.97 indicates Positive momentum. The RSI at 32.11 is Neutral, neither overbought nor oversold. The STOCH value of 18.44 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:GENL.
Genel Energy Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | £230.53M | 9.29 | 0.66% | ― | -32.66% | 72.67% | |
69 Neutral | £142.73M | 0.45 | 31.64% | ― | 7.74% | ― | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
56 Neutral | £368.34M | 166.34 | 0.54% | 4.36% | -18.05% | -634.88% | |
50 Neutral | £142.90M | -24.27 | -11.54% | ― | -0.20% | -25.68% | |
44 Neutral | £149.46M | 2.37 | 53.68% | ― | 4.56% | ― | |
44 Neutral | £203.64M | -3.20 | -136.50% | ― | -16.87% | 21.18% |
* Energy Sector Average
GB:GENL
Genel Energy
51.90
0.50
0.97%
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GB:KIST
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Genel Energy Corporate Events
Executive/Board Changes
Genel Energy boosts executive equity incentives with fresh nil-cost option awards
Positive
Mar 30, 2026
Genel Energy has granted new nil-cost share options to senior executives under its 2021 Performance Share Plan, aligning management incentives with long-term shareholder value. CEO Paul Weir received awards over 1,423,532 shares, CFO Luke Clements...
Business Operations and StrategyRegulatory Filings and Compliance
Genel Energy discloses 2025 government payments for Somaliland and Morocco
Neutral
Mar 26, 2026
Genel Energy has published its report on payments to governments for 2025, as required under UK disclosure rules for extractive companies, detailing government-related fees tied to its oil and gas licences. The disclosure underscores the company&#...
Financial DisclosuresRegulatory Filings and ComplianceShareholder Meetings
Genel Energy Publishes 2025 Annual Report and Sets Date for 2026 AGM
Neutral
Mar 26, 2026
Genel Energy has posted its Annual Report for the year ended 31 December 2025 to shareholders, alongside the notice and proxy forms for its 2026 Annual General Meeting. The company will hold the AGM on 7 May 2026, and the report and meeting materi...
Business Operations and StrategyFinancial DisclosuresLegal ProceedingsPrivate Placements and Financing
Genel Energy boosts resilience as cash flow stays positive despite Kurdistan shocks
Positive
Mar 18, 2026
Genel Energy reported 2025 working interest production of 17,520 barrels of oil per day from Tawke, all sold into the domestic Kurdistan market at an average $32 per barrel, generating $68.7m of revenue and a $43.3m EBITDAX despite lower Brent pri...
Executive/Board Changes
Genel Energy Announces Forthcoming Board Departure of Sir Dominick Chilcott
Neutral
Mar 13, 2026
Genel Energy has announced that Sir Dominick Chilcott intends to retire from its board at the company’s annual general meeting in May 2026. Chilcott has served for just under two years as a non-executive director and as a member of both the ...
Business Operations and StrategyFinancial Disclosures
Genel Energy Stresses Resilient Core and Diversification Push in 2025 Update
Positive
Jan 27, 2026
Genel Energy reported that its core business remained resilient in 2025 despite all crude being sold into the discounted Kurdistan domestic market at about $32 per barrel, with working interest production averaging 17,520 bopd, free cash flow of $...
Business Operations and StrategyExecutive/Board Changes
Genel Energy Names Patrick Allman-Ward as New Chair
Positive
Jan 22, 2026
Genel Energy has appointed veteran energy executive Patrick Allman-Ward as independent non-executive director and chair of the board, effective 9 February 2026, bringing more than four decades of international upstream experience, including a tran...
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.