The Parkmead (PMG) AI Stock Analysis

• Market Cap: £15.02M
• Dividend Yield: N/A
• Average Volume (3M): 192.16K
• Price to Earnings (P/E): 5.0
• Beta (1Y): 1.26
• Revenue Growth: -37.83%
• EPS Growth: N/A
• Country: UK
• Employees: 10
• Sector: Energy
• Sector Strength: 59
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): 0.03
• Shares Outstanding: 109,266,930
• 10 Day Avg. Volume: 310,121
• 30 Day Avg. Volume: 192,165
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 2.67
• Price to Cash Flow (P/CF): 8.80
• P/FCF Ratio: 8.40
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

The overall score for The Parkmead Company is 61, reflecting a balance of strengths and challenges. The strong balance sheet and attractive valuation are significant positives, but they are offset by revenue declines and operational cash flow issues, which pose risks. Technical indicators suggest stability with a cautious outlook due to bearish momentum signals.

The Parkmead Business Overview & Revenue Model

Company Description

The Parkmead Group (PMG) is an independent energy company focused on the exploration, development, and production of oil and gas assets. Operating primarily in the North Sea region, Parkmead engages in both upstream and downstream activities, with an emphasis on maximizing asset value through operational efficiency and strategic investments.

How the Company Makes Money

The Parkmead Group makes money through the exploration, development, and production of oil and gas resources. The company's revenue streams primarily include the sale of crude oil and natural gas produced from its portfolio of assets. Parkmead invests in both operated and non-operated interests in various fields, seeking to optimize production and enhance recovery rates. Key partnerships with other energy companies may also contribute to its earnings through joint ventures and shared infrastructure, thereby reducing operational costs and increasing profitability.

The Parkmead Financial Statement Overview

Summary

Overall, The Parkmead Company demonstrates a mixed financial performance. The income statement shows improved profitability metrics but struggles with revenue growth. The balance sheet is robust with low leverage and high equity, presenting a strong financial position. However, the cash flow statement indicates operational cash flow challenges, which could impact liquidity and future growth. While there are positive elements, the company must address revenue declines and operational cash flow issues to enhance its financial standing.

Income Statement

The income statement reflects significant volatility. The gross profit margin for 2024 is approximately 59.76%, indicating a good level of profitability at the gross level. However, the net profit margin is skewed by a one-time event or accounting adjustment, as evidenced by the large net income in comparison to revenue. Revenue has decreased significantly from 2023 to 2024, with a negative growth rate, indicating challenges in maintaining top-line growth. EBIT and EBITDA margins have improved from the previous year's negative margins, showcasing a partial recovery.

Balance Sheet

The balance sheet shows a stable equity position with an equity ratio of approximately 72.04% for 2024, indicating financial stability. The debt-to-equity ratio is low at 0.06, reflecting minimal reliance on debt, which is a positive sign. Return on equity is high due to a significant net income, but this may not be sustainable. Overall, the balance sheet is strong, albeit with potential risks if revenue continues to decline.

Cash Flow

Cash flow analysis shows a decrease in operating cash flow from 2023 to 2024, reflecting operational challenges. Free cash flow is positive but reduced year-over-year, which may impact future investments and growth. The operating cash flow to net income ratio is skewed due to the disproportionate net income figure. The cash flow position is relatively stable, but the downward trend in operating cash flow is a concern.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
7.07M	5.72M	14.77M	12.13M	3.61M	4.08M
	Gross Profit
4.61M	3.42M	12.53M	10.76M	1.77M	1.27M
	EBIT
3.65M	1.34M	-35.22M	5.21M	-12.77M	-177.00K
	EBITDA
-28.49M	2.29M	-1.48M	6.01M	-1.19M	767.00K
	Net Income Common Stockholders
-27.61M	4.94M	-42.33M	-814.00K	-13.81M	-482.00K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
23.55M	9.44M	11.58M	23.26M	23.38M	25.71M
	Total Assets
79.85M	27.27M	28.62M	86.32M	78.67M	89.81M
	Total Debt
0.00	1.25M	1.46M	948.00K	500.00K	3.60M
	Net Debt
-23.55M	-8.19M	-10.81M	-22.32M	-22.88M	-22.11M
	Total Liabilities
13.26M	7.63M	13.96M	29.32M	20.95M	18.46M
	Stockholders Equity
66.59M	19.64M	14.66M	56.99M	57.72M	71.35M
Cash Flow		Free Cash Flow
-2.55M	1.12M	4.98M	745.00K	-1.96M	-4.79M
	Operating Cash Flow
-638.00K	2.27M	6.53M	4.53M	-1.31M	-1.00M
	Investing Cash Flow
-8.34M	-3.85M	-17.69M	-4.14M	3.47M	-3.60M
	Financing Cash Flow
-295.00K	-518.00K	-453.00K	-962.00K	-3.63M	-523.00K

The Parkmead Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 13.75
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:PMG, the sentiment is Negative. The current price of 13.75 is below the 20-day moving average (MA) of 14.03, below the 50-day MA of 15.16, and above the 200-day MA of 13.61, indicating a neutral trend. The MACD of -0.37 indicates Negative momentum. The RSI at 56.17 is Neutral, neither overbought nor oversold. The STOCH value of 69.46 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:PMG.

The Parkmead Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PMG	61 Neutral	£15.02M	5.00	17.71%	―	-37.83%	―
Sector *	57 Neutral	$7.70B	4.18	-3.52%	8.32%	0.35%	-64.68%
GENL	49 Neutral	$151.10M	―	-15.72%	―	-14.44%	-22.56%

The Parkmead Corporate Events

Parkmead Group Reports Interim Results and Strategic Developments

Parkmead Group has announced its interim results for the six-month period ending December 2024, highlighting the sale of its subsidiary Parkmead (E&P) Ltd to Serica Energy, expected to complete in mid-2025. This transaction is set to provide Parkmead with £14 million in cash, enhancing its financial position to pursue further acquisitions and investments in its existing gas and renewable energy projects. Additionally, Parkmead is advancing its Glenskinnan Renewable Energy Park project in collaboration with Galileo Empower, which includes significant wind, solar, and battery storage capacities. The company continues to focus on cost efficiency and strategic growth despite reporting a net loss of £1.2 million for the period, attributed to one-off costs and reduced production in the Netherlands.