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Pharos Energy Plc (GB:PHAR)
:PHAR

Pharos Energy (PHAR) AI Stock Analysis

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Pharos Energy

(OTC:PHAR)

Rating:73Outperform
Price Target:
22.00p
▲(2.80%Upside)
Pharos Energy's overall score is bolstered by strong corporate events and attractive valuation. However, financial performance and technical indicators present mixed signals, requiring careful monitoring of revenue trends and technical movements.

Pharos Energy (PHAR) vs. iShares MSCI United Kingdom ETF (EWC)

Pharos Energy Business Overview & Revenue Model

Company DescriptionPharos Energy plc engages in the exploration, development, and production of oil and gas properties. The company holds a 30.5% working interest in the Te Giac Trang Field of Block 16-1 located in the shallow water Cuu Long Basin, as well as a 25% working interest in the Ca Ngu Vang field of Block 9-2 located in the shallow water Cuu Long Basin, offshore southern Vietnam; a 70% interest in the Blocks 125 & 126 located in the Phu Khanh Basin, offshore central Vietnam; and a 100% working interest in the onshore El Fayum concession in the Western Desert, Egypt. It also holds a 33.33 % working interest in eight licenses located in Israel. The company was formerly known as SOCO International plc and changed its name to Pharos Energy plc in October 2019. Pharos Energy plc was incorporated in 1997 and is headquartered in London, the United Kingdom.
How the Company Makes MoneyPharos Energy makes money through the exploration, extraction, and sale of oil and natural gas. Its revenue model is primarily based on the production and sale of hydrocarbons extracted from its operated fields in Vietnam and Egypt. The company generates income through long-term supply contracts and spot market sales, depending on market conditions and demand. Additionally, Pharos Energy may engage in strategic partnerships and joint ventures to optimize resource development and share operational risks. Key factors contributing to its earnings include oil prices, production volumes, and operational efficiency.

Pharos Energy Financial Statement Overview

Summary
Pharos Energy shows improved operational efficiency and stable leverage, but faces challenges with revenue declines and historical profitability volatility.
Income Statement
65
Positive
Pharos Energy has shown significant volatility in its financial performance. The gross profit margin and EBIT margin have improved in recent years, indicating better cost management and operational efficiency. However, revenue has declined in the latest year, and the company has seen negative net profit margins in some periods, highlighting challenges in maintaining stable profitability.
Balance Sheet
70
Positive
The balance sheet of Pharos Energy is relatively stable with a low debt-to-equity ratio, indicating conservative leverage. The equity ratio remains strong, suggesting solid financial backing. However, fluctuations in stockholders' equity and total assets over the years suggest potential stability concerns.
Cash Flow
60
Neutral
Cash flow analysis reveals a positive but inconsistent trend in free cash flow, with a notable increase in the latest year. The operating cash flow to net income ratio is favorable, indicating strong cash generation relative to reported earnings. Yet, historical volatility in cash flows may pose risks to liquidity management.
Breakdown
Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
126.80M167.90M199.10M134.10M142.00M
Gross Profit
46.20M56.70M82.30M19.50M18.20M
EBIT
64.30M-19.70M67.10M4.50M5.00M
EBITDA
83.90M35.00M143.10M94.60M-171.10M
Net Income Common Stockholders
23.60M-48.80M24.40M-4.70M-215.60M
Balance SheetCash, Cash Equivalents and Short-Term Investments
16.50M32.60M45.30M27.10M24.60M
Total Assets
427.30M457.00M572.90M589.70M549.00M
Total Debt
200.00K41.00M75.00M80.50M54.10M
Net Debt
-16.30M9.60M29.70M53.40M29.50M
Total Liabilities
136.50M183.50M242.30M285.30M255.30M
Stockholders Equity
290.80M273.50M330.60M304.40M293.70M
Cash FlowFree Cash Flow
35.60M21.70M23.60M-28.80M17.40M
Operating Cash Flow
54.00M44.90M53.40M10.80M56.40M
Investing Cash Flow
-17.90M-6.60M-14.00M-39.80M-41.30M
Financing Cash Flow
-51.60M-50.10M-19.80M31.10M-48.50M

Pharos Energy Technical Analysis

Technical Analysis Sentiment
Positive
Last Price21.40
Price Trends
50DMA
19.79
Positive
100DMA
21.90
Negative
200DMA
22.55
Negative
Market Momentum
MACD
0.07
Negative
RSI
63.04
Neutral
STOCH
59.02
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:PHAR, the sentiment is Positive. The current price of 21.4 is above the 20-day moving average (MA) of 19.63, above the 50-day MA of 19.79, and below the 200-day MA of 22.55, indicating a neutral trend. The MACD of 0.07 indicates Negative momentum. The RSI at 63.04 is Neutral, neither overbought nor oversold. The STOCH value of 59.02 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:PHAR.

Pharos Energy Peers Comparison

Overall Rating
UnderperformOutperform
Sector (57)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
73
Outperform
£83.19M4.568.36%5.57%-21.25%
57
Neutral
$7.22B3.15-4.49%5.63%0.82%-49.15%
$71.56M2.9516.67%
£66.53M-6.29%
£100.66M3.1311.30%
GBAET
79
Outperform
£104.94M2.5870.30%570.99%
GBJSE
£112.28M-121.27%
* Energy Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:PHAR
Pharos Energy
21.40
-1.73
-7.49%
RGPMF
Enwell Energy
0.24
-0.21
-46.67%
GB:ZPHR
Zephyr Energy
3.65
-1.91
-34.35%
GB:SAVE
Savannah Petroleum
7.40
-18.80
-71.76%
GB:AET
Afentra
47.60
-10.40
-17.93%
GB:JSE
Jadestone Energy Inc
21.00
-10.10
-32.48%

Pharos Energy Corporate Events

Shareholder Meetings
Pharos Energy AGM Results: Key Resolutions Passed, Some Rejected
Negative
May 22, 2025

Pharos Energy announced the results of its Annual General Meeting, where most resolutions were passed, except for three special resolutions which did not achieve the required 75% majority. The company expressed disappointment over the rejection of these resolutions and plans to engage with shareholders, especially the significant dissenting voter, to address concerns. The Board will provide updates on shareholder feedback and actions taken within six months, and a final summary in the next annual report.

The most recent analyst rating on (GB:PHAR) stock is a Hold with a £24.00 price target. To see the full list of analyst forecasts on Pharos Energy stock, see the GB:PHAR Stock Forecast page.

Executive/Board Changes
Pharos Energy Announces Leadership Transition as Chair Steps Down
Neutral
May 22, 2025

Pharos Energy plc announced the impending departure of John Martin, the Non-Executive Chair, who will step down after a new Chair is appointed. Martin, who joined the board in 2018 and became Chair in 2020, played a crucial role in guiding the company through the COVID-19 pandemic, restructuring the balance sheet, and building a refreshed executive team. His leadership has left Pharos in a strong strategic and financial position, ready for future growth.

The most recent analyst rating on (GB:PHAR) stock is a Hold with a £24.00 price target. To see the full list of analyst forecasts on Pharos Energy stock, see the GB:PHAR Stock Forecast page.

Business Operations and StrategyFinancial Disclosures
Pharos Energy Reports Strong Start to 2025 with Strategic Advancements in Vietnam and Egypt
Positive
May 15, 2025

Pharos Energy has reported a strong start to 2025, with production on track and solid free cash flow generation. The company is advancing its operations in Vietnam with preparations for drilling appraisal wells in the TGT and CNV fields, and in Egypt, it is progressing with concession consolidation negotiations. Pharos remains committed to delivering growth and attractive returns to shareholders, with expectations of meaningful production growth in 2026 and beyond.

The most recent analyst rating on (GB:PHAR) stock is a Hold with a £22.00 price target. To see the full list of analyst forecasts on Pharos Energy stock, see the GB:PHAR Stock Forecast page.

Business Operations and Strategy
Pharos Energy Sees Increase in Voting Stake by Aberforth Partners
Neutral
May 2, 2025

Pharos Energy PLC has announced a change in the voting rights held by Aberforth Partners LLP, which has increased its stake to 12.59% from a previous 10.17%. This adjustment in holdings signifies a notable shift in shareholder dynamics, potentially impacting the company’s governance and strategic decisions.

Regulatory Filings and Compliance
Pharos Energy Announces Total Voting Rights Update
Neutral
Apr 30, 2025

Pharos Energy plc announced its total voting rights as of 30 April 2025, with an issued share capital consisting of 424,746,203 ordinary shares, of which 9,122,268 are held in Treasury. This results in a total of 415,623,935 voting rights, which shareholders can use to determine their notification requirements under the FCA’s rules. This announcement provides clarity on shareholder voting rights, potentially impacting investor decisions and the company’s governance structure.

Business Operations and Strategy
Pharos Energy Executives Increase Shareholdings, Signaling Confidence
Positive
Apr 29, 2025

Pharos Energy announced that its CEO, Katherine Roe, and CFO, Sue Rivett, have purchased additional shares in the company, reflecting their confidence in its future prospects. This move is likely to positively impact stakeholder perception and demonstrates strong leadership commitment to the company’s growth strategy.

Shareholder MeetingsFinancial Disclosures
Pharos Energy Releases 2024 Annual Report and Announces 2025 AGM
Neutral
Apr 25, 2025

Pharos Energy plc has released its 2024 Annual Report and Accounts, alongside the 2025 Notice of Annual General Meeting, which are now accessible on the company’s website. The AGM is scheduled for 22 May 2025, and Pharos emphasizes the importance of shareholder participation, offering options for remote voting and question submission. This announcement underscores Pharos’s commitment to transparency and shareholder engagement, potentially impacting its operational credibility and investor relations.

Executive/Board ChangesBusiness Operations and Strategy
Pharos Energy Announces Departure of COO Mohamed Sayed
Neutral
Apr 23, 2025

Pharos Energy plc announced the departure of Mohamed Sayed, the Chief Operating Officer, after over six years of service. This management change comes as the company continues to leverage its experienced team to maintain its cash-generative business model and explore both organic and inorganic growth opportunities.

Executive/Board ChangesBusiness Operations and Strategy
Pharos Energy CFO Increases Shareholding, Signaling Confidence
Positive
Apr 7, 2025

Pharos Energy announced that its Chief Financial Officer, Sue Rivett, increased her shareholding by exercising awards under the company’s Long-Term Incentive Plan. This move reflects confidence in the company’s future prospects, as the shares were acquired at no cost, with a portion sold to cover tax liabilities. The transaction underscores the company’s commitment to aligning executive interests with those of shareholders, potentially impacting its market perception positively.

Regulatory Filings and Compliance
Pharos Energy Announces Total Voting Rights Update
Neutral
Mar 31, 2025

Pharos Energy announced its total voting rights as of March 31, 2025, with an issued share capital of 424,678,355 ordinary shares and 9,122,268 shares held in Treasury, resulting in 415,556,087 total voting rights. This information is crucial for shareholders to determine their notification requirements under the FCA’s Disclosure Guidance and Transparency Rules. The announcement reflects Pharos’ compliance with regulatory requirements and provides transparency to its stakeholders, potentially impacting shareholder decisions and market perceptions.

Executive/Board ChangesBusiness Operations and Strategy
Pharos Energy Awards Share Options to Executive Directors
Positive
Mar 28, 2025

Pharos Energy has announced the grant of nil-price share options to its Executive Directors under its Long-Term Incentive Plan. CEO Katherine Roe received 3,593,073 shares, and CFO Sue Rivett received 2,646,787 shares, with vesting over three years subject to performance conditions. This move aligns with Pharos’ strategy to incentivize leadership and potentially enhance its market positioning by aligning executive interests with shareholder value.

Business Operations and Strategy
Pharos Energy Executives Increase Shareholdings, Signaling Confidence in Future Growth
Positive
Mar 28, 2025

Pharos Energy announced that its CEO, Katherine Roe, and CFO, Sue Rivett, have purchased shares in the company, reflecting their confidence in its future prospects. This move may signal a positive outlook for the company’s operations and could potentially strengthen its market position, reassuring stakeholders of its leadership’s commitment to the company’s growth.

DividendsBusiness Operations and StrategyFinancial Disclosures
Pharos Energy Achieves Strong 2024 Results with Strategic Growth Initiatives
Positive
Mar 26, 2025

Pharos Energy plc reported strong progress in 2024, highlighted by the extension of its producing licenses in Vietnam and successful drilling results in both Vietnam and Egypt. The company maintained stable production, generating consistent cash flows, which allowed it to repay legacy debt and increase the final dividend by 10%. With a debt-free balance sheet and $16.5 million in cash, Pharos is well-positioned to pursue growth opportunities. The company plans to focus on projects with high returns, including further development in Vietnam and a merger of its Egyptian concessions. The operational and financial achievements underscore Pharos’ strategic focus on sustainable growth and shareholder returns.

Business Operations and StrategyFinancial Disclosures
Pharos Energy to Present Preliminary 2024 Results to Investors
Neutral
Mar 20, 2025

Pharos Energy plc announced that CEO Katherine Roe and CFO Sue Rivett will present the company’s Preliminary Results 2024 via Investor Meet Company on 31 March 2025. This presentation is accessible to current and potential shareholders, allowing for pre-event and live questions, and aims to engage stakeholders by providing insights into the company’s financial and operational performance. The announcement underscores Pharos Energy’s commitment to transparency and stakeholder engagement, potentially impacting investor confidence and market positioning.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.