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Pharos Energy Plc (GB:PHAR)
:PHAR
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Pharos Energy (PHAR) AI Stock Analysis

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GB

Pharos Energy

(OTC:PHAR)

Rating:72Outperform
Price Target:
23.50p
▲(11.90%Upside)
Pharos Energy's strong valuation metrics and positive technical indicators drive its score, despite challenges in financial performance. The absence of earnings call data and recent positive corporate developments suggest potential for future growth.

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 generates revenue primarily through the exploration, extraction, and sale of crude oil and natural gas. The company's revenue model is centered around the sale of these hydrocarbons, which are produced from its operated and non-operated interests in various oil and gas fields. Pharos Energy's key revenue streams include the sale of oil produced from its assets in Vietnam and Egypt, where it holds significant stakes in several blocks. Additionally, the company may engage in strategic partnerships and joint ventures to enhance its operational capabilities and share exploration risks, contributing to its overall profitability. Market factors such as global oil prices, production levels, and geopolitical events also significantly influence the company's earnings.

Pharos Energy Financial Statement Overview

Summary
Pharos Energy shows mixed financial results with improved operational efficiency and stable leverage. However, declines in revenue and volatility in profitability and cash flows pose risks.
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.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue126.80M167.90M199.10M134.10M142.00M
Gross Profit48.70M56.70M82.30M19.50M18.20M
EBITDA111.30M36.30M143.10M94.60M-171.10M
Net Income23.60M-48.80M24.40M-4.70M-215.80M
Balance Sheet
Total Assets427.30M457.00M572.90M589.70M549.00M
Cash, Cash Equivalents and Short-Term Investments16.50M32.60M45.30M27.10M24.60M
Total Debt200.00K41.00M75.00M80.50M54.10M
Total Liabilities136.50M183.50M242.30M285.30M255.30M
Stockholders Equity290.80M273.50M330.60M304.40M293.70M
Cash Flow
Free Cash Flow35.60M21.70M23.60M-28.80M17.40M
Operating Cash Flow54.00M44.90M53.40M10.80M56.40M
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 Price21.00
Price Trends
50DMA
19.81
Positive
100DMA
20.04
Positive
200DMA
21.22
Positive
Market Momentum
MACD
0.43
Positive
RSI
57.33
Neutral
STOCH
30.00
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 is below the 20-day moving average (MA) of 21.02, above the 50-day MA of 19.81, and below the 200-day MA of 21.22, indicating a bullish trend. The MACD of 0.43 indicates Positive momentum. The RSI at 57.33 is Neutral, neither overbought nor oversold. The STOCH value of 30.00 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 (44)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
72
Outperform
£86.49M4.818.36%5.68%-21.25%
44
Neutral
AU$1.41B-6.62-23.02%6.14%5.33%-26.92%
$68.81M3.3114.22%
55
Neutral
£63.02M-33.22%-6.29%-383.33%
£115.96M3.6011.30%
GBAET
81
Outperform
£113.53M2.7970.30%570.99%
GBJSE
£105.52M-121.27%
* Energy Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:PHAR
Pharos Energy
21.00
-3.19
-13.19%
RGPMF
Enwell Energy
0.24
0.00
0.00%
GB:ZPHR
Zephyr Energy
2.95
-2.10
-41.58%
GB:SAVE
Savannah Petroleum
7.20
-19.00
-72.52%
GB:AET
Afentra
51.20
-3.60
-6.57%
GB:JSE
Jadestone Energy Inc
18.75
-12.00
-39.02%

Pharos Energy Corporate Events

Dividends
Pharos Energy Delays Final Dividend Payment Due to Bank Error
Neutral
Jul 17, 2025

Pharos Energy plc announced a delay in the final dividend payment for the financial year ended 31 December 2024, due to an administrative error at the company’s bank. The payment, originally scheduled for 18 July 2025, will now be made on 21 July 2025. This delay does not affect eligibility, and shareholders receiving payment via cheque remain unaffected.

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.

DividendsBusiness Operations and StrategyFinancial Disclosures
Pharos Energy Reports Strong H1 2025 and Strategic Progress in Vietnam and Egypt
Positive
Jul 17, 2025

Pharos Energy plc reported a strong first half of 2025, with stable production and healthy cash flow despite volatile macroeconomic conditions. The company is preparing for a significant drilling campaign in Vietnam and is progressing with consolidation negotiations in Egypt, which are expected to enhance asset value and production. The approval of a two-year extension for Vietnamese exploration blocks and ongoing discussions for improved terms in Egypt are strategic moves to strengthen Pharos’s portfolio. The company remains debt-free and is committed to sustainable shareholder returns, as evidenced by the approval of a final dividend for 2025.

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 Strategy
Pharos Energy Executives Increase Shareholdings, Signaling Confidence
Positive
Jun 30, 2025

Pharos Energy plc announced that its CEO, Katherine Roe, and CFO, Sue Rivett, have purchased additional shares in the company. This move indicates confidence in the company’s future prospects and aligns with trading plans established previously. The acquisitions could strengthen stakeholder trust and demonstrate leadership commitment to the company’s growth strategy.

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 ChangesBusiness Operations and Strategy
Pharos Energy Appoints João Saraiva e Silva as Non-Executive Chair
Positive
Jun 26, 2025

Pharos Energy plc has appointed João Saraiva e Silva as the new Non-Executive Chair, succeeding John Martin. João brings over 25 years of experience in energy, private equity, and investment banking, and his expertise is expected to complement the existing management team as Pharos continues its growth strategy. His appointment is seen as a strategic move to unlock the company’s full potential, enhancing its market positioning and operational capabilities.

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 Strategy
Pharos Energy Secures Two-Year Extension for Vietnamese Exploration Blocks
Positive
Jun 10, 2025

Pharos Energy has received approval from the Vietnamese Government for a two-year extension of the Exploration Period for Blocks 125 & 126. This extension supports the company’s ongoing discussions with potential partners and preparations for drilling, allowing Pharos to continue its investment in production growth in Vietnam.

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.

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.

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.Date of analysis: Jul 17, 2025