Pantheon Resources PLC (GB:PANR)
LSE:PANR
Top Page
Pantheon Resources
(LSE:PANR)
Select Model
Select Model
Rating:51Neutral
Price Target:
9.00 p
▼(-1.64% Downside)
Action:ReiteratedDate:03/14/26
The score is held back primarily by weak financial performance (ongoing losses, minimal revenue, and negative operating/free cash flow), despite modest leverage. Technicals provide some support via positive near-term momentum (above 20D/50D with positive MACD), but elevated RSI and weak longer-term trend (below 100D/200D) temper that. Valuation is also a drag due to a negative P/E and no dividend yield data.
Positive Factors
Balance-sheet modest leverage
Modest leverage and equity large relative to debt provide durable financial optionality for an early-stage E&P. Low debt reduces bankruptcy risk, makes it easier to negotiate farm-outs or JV terms, and preserves capacity to fund appraisal or partner-funded work programs.
Negative Factors
Consistent negative cash flow
Persistent negative operating and free cash flow means the business cannot self-fund exploration or appraisal. That creates ongoing financing reliance, raises dilution or refinancing risk, and constrains the company’s ability to execute multi-well programs required to de-risk resources.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance-sheet modest leverage
Modest leverage and equity large relative to debt provide durable financial optionality for an early-stage E&P. Low debt reduces bankruptcy risk, makes it easier to negotiate farm-outs or JV terms, and preserves capacity to fund appraisal or partner-funded work programs.
Read all positive factors
Pantheon Resources (PANR) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£133.07M
Dividend YieldN/A
Average Volume (3M)8.93M
Price to Earnings (P/E)―
Beta (1Y)<0.01
Revenue Growth-100.00%
EPS Growth-84.62%
CountryUK
Employees12
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)<0.01
Shares Outstanding1,454,327,300
10 Day Avg. Volume9,885,576
30 Day Avg. Volume8,930,171
Financial Highlights & Ratios
PEG Ratio1.43
Price to Book (P/B)1.57
Price to Sales (P/S)0.00
P/FCF Ratio-143.22
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
£35.00Price Target Upside282.51% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)>-0.01
Revenue Forecast (FY)N/A
Pantheon Resources Business Overview & Revenue Model
Company Description
Pantheon Resources Plc, through its subsidiaries, engages in the exploration and production of oil and gas in the United States. Its primary assets are the Greater Alkaid project that covers 22,804 acres located in Alaska; and the Talitha project ...
How the Company Makes Money
Pantheon Resources’ business model is to create value by acquiring interests in oil and gas acreage, conducting geological and geophysical work, drilling and testing wells, and progressing discovered resources through appraisal toward development....
Pantheon Resources Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
66
Positive
Cash Flow
24
Negative
| Breakdown | Jun 2025 | Jun 2023 | Jun 2022 | Jun 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 13.39K | 0.00 | 0.00 | 85.31K |
| Gross Profit | -51.40K | 6.24K | 0.00 | 0.00 | 26.66K |
| EBITDA | 92.88K | -8.40M | -15.69M | -8.24M | -3.62M |
| Net Income | -3.27M | -11.55M | -13.95M | -6.67M | -16.98M |
Balance Sheet | |||||
| Total Assets | 266.36M | 304.62M | 298.10M | 194.76M | 161.63M |
| Cash, Cash Equivalents and Short-Term Investments | 16.79M | 7.91M | 57.78M | 5.66M | 4.80M |
| Total Debt | 23.92M | 20.35M | 30.57M | 32.79K | 74.22K |
| Total Liabilities | 37.66M | 27.72M | 58.69M | 6.10M | 7.09M |
| Stockholders Equity | 228.69M | 276.90M | 239.40M | 188.66M | 154.54M |
Cash Flow | |||||
| Free Cash Flow | -2.51M | -18.33M | -46.21M | -28.07M | -7.30M |
| Operating Cash Flow | -2.51M | -11.37M | -941.51K | -3.10M | -5.71M |
| Investing Cash Flow | -31.37M | -6.34M | -47.63M | -24.97M | -1.57M |
| Financing Cash Flow | 45.54M | 4.96M | 100.69M | 28.93M | 10.22M |
Pantheon Resources Technical Analysis
Negative
9.15
Price Trends
8.00
Positive
13.87
Negative
19.89
Negative
Market Momentum
0.40
Negative
52.46
Neutral
26.01
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:PANR, the sentiment is Negative. The current price of 9.15 is above the 20-day moving average (MA) of 8.79, above the 50-day MA of 8.00, and below the 200-day MA of 19.89, indicating a neutral trend. The MACD of 0.40 indicates Negative momentum. The RSI at 52.46 is Neutral, neither overbought nor oversold. The STOCH value of 26.01 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:PANR.
Pantheon Resources Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | £449.23M | 33.45 | -0.10% | 8.66% | 38.03% | 94.56% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
61 Neutral | £180.93M | -8.32 | 0.66% | ― | -32.66% | 72.67% | |
58 Neutral | £346.34M | -0.47 | -24.56% | 4.36% | -18.05% | -634.88% | |
51 Neutral | £133.07M | -109.79 | -1.81% | ― | -100.00% | -84.62% | |
44 Neutral | £155.56M | -24.27 | -11.54% | ― | -0.20% | -25.68% | |
44 Neutral | £202.81M | -4.39 | -92.03% | ― | -16.87% | 21.18% |
* Energy Sector Average
GB:PANR
Pantheon Resources
9.18
-58.92
-86.52%
GB:GENL
Genel Energy
56.00
-14.90
-21.02%
GB:CNE
Capricorn Energy PLC
265.00
21.00
8.61%
GB:ENQ
Enquest
18.56
6.03
48.12%
GB:GKP
Gulf Keystone Petroleum
206.50
19.74
10.57%
GB:KIST
Kistos PLC
244.00
122.00
100.00%
Pantheon Resources Corporate Events
Business Operations and StrategyExecutive/Board ChangesShareholder Meetings
Pantheon Resources installs Michael Spencer as chairman, pauses new drilling during farm-in talks
Neutral
Mar 12, 2026
Pantheon Resources has overhauled its board, naming veteran financier and major shareholder Lord Michael Spencer as chairman and appointing former Hilcorp Alaska senior vice president David Wilkins as a non-executive director following its 12 Marc...
Business Operations and StrategyExecutive/Board Changes
Pantheon Resources Board Sees Departure of Senior Non-Executive Director
Neutral
Mar 6, 2026
Pantheon Resources plc has announced that senior non-executive director Linda Havard has stepped down from its board effective 5 March 2026 and will not seek re-election at the upcoming AGM. The board highlighted her leadership of the Finance, Aud...
Business Operations and StrategyExecutive/Board ChangesShareholder Meetings
Pantheon Resources Sharpenes Board, Kicks Off New Work at Alaska Kodiak Field
Positive
Feb 16, 2026
Pantheon Resources outlined arrangements for its 12 March virtual AGM, which will be followed by a public investor webinar, and confirmed a governance reshuffle with Executive Chair David Hobbs moving to a non-executive role and director Allegra H...
Shareholder Meetings
Pantheon Resources Sets AGM for 12 March with Hybrid Access
Neutral
Feb 4, 2026
Pantheon Resources corrected its AGM notice to confirm the meeting will occur on Thursday 12 March 2026 at 3:00 pm GMT, with in-person attendance in Houston and remote access via Computershare, and will pair the formal session with a subsequent in...
Shareholder Meetings
Pantheon Resources Sets March 2026 Date for Hybrid AGM and Investor Webinar
Neutral
Feb 4, 2026
Pantheon Resources has scheduled its Annual General Meeting for 12 March 2026, to be held in person at its Houston office and remotely, with full live voting available to all registered shareholders. The formal AGM will be followed by a separate, ...
Business Operations and StrategyPrivate Placements and Financing
Pantheon Resources Raises $10m to Advance Alaskan Ahpun and Kodiak Projects
Positive
Jan 15, 2026
Pantheon Resources has raised $10 million via a conditional placing of 106.2 million new shares at 7.0 pence each to fund the planned resumption of flow testing at its Dubhe-1 well in the Ahpun project and to reprocess seismic data over the Kodiak...
Business Operations and StrategyExecutive/Board ChangesFinancial DisclosuresPrivate Placements and Financing
Pantheon Resources Narrows Loss, Raises Capital and Advances Alaska North Slope Development
Positive
Dec 30, 2025
Pantheon Resources reported a significantly reduced comprehensive loss of $5.0 million for the year to 30 June 2025, supported by $64 million of new funding during the year and a further $46.25 million raised post year-end, bolstering liquidity an...
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.