Reabold Resources (RBD) AI Stock Analysis

• Market Cap: £10.70M
• Dividend Yield: N/A
• Average Volume (3M): 34.29M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.75
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: UK
• Employees: 4
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): 0.00
• Shares Outstanding: 10,194,413,000
• 10 Day Avg. Volume: 13,062,150
• 30 Day Avg. Volume: 34,287,487
• PEG Ratio: 0.02
• Price to Book (P/B): 0.12
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.89
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 47 Neutral
• Price Target: 0.09 p ▲(82.00% Upside)
• Action: Reiterated Date: 01/10/26
• Date: Action: Reiterated 01/10/26

The score is held down primarily by weak financial performance (zero revenue, ongoing losses, and cash burn), despite a low-debt balance sheet. Technicals are supportive with strong momentum, but extremely overbought signals increase pullback risk. Valuation is constrained by negative earnings and no dividend yield data.

Positive Factors

Low leverage / strong balance sheet

A near-zero debt profile and low debt-to-equity ratio provide durable financial flexibility. This reduces bankruptcy risk, supports funding of selective portfolio opportunities or farm-ins without high interest burdens, and gives time to monetise assets across commodity cycles.

Investment-focused operating model

A strategy centered on taking stakes and providing technical/strategic oversight limits capital intensity and operating overhead versus direct production. That allows scalable portfolio construction, quicker reallocation of capital, and reliance on partners for execution—supporting durable capital-efficiency.

Improving loss trajectory in 2024

Narrowed losses in 2024 indicate management has begun to reduce cash burn or realise value from investments. If sustained, this trend materially improves runway and the probability of reaching break-even or funding monetisation events without frequent external equity raises.

Negative Factors

Zero revenue in 2023–2024

The absence of recurring revenue undermines predictability and operating self-sufficiency. Long-term value relies on intermittent monetisation events or asset sales, leaving the company exposed to timing risk, commodity cycles, and counterparties when converting asset value into cash.

Consistent negative operating and free cash flow

Persistent negative operating and free cash flow signals structural cash burn and an inability to self-fund operations or portfolio activity. Over months this increases dependence on external financing, dilutive equity raises, or asset disposals, constraining strategic optionality.

Eroding equity and negative returns on equity

Declining equity alongside negative ROE reflects shareholder value erosion from sustained losses. This impairs the balance sheet buffer over time, can raise financing costs, and makes it harder to raise capital on favourable terms when funding is required for monetisation or new investments.

Reabold Resources Business Overview & Revenue Model

Company Description

Reabold Resources Plc invests in upstream oil and gas projects. Its exploration licenses include PEDL 183 license area situated in the United Kingdom; Monroe Swell and West Brentwood license areas located in the United States; and Parta exploration license area situated in Romania. The company was formerly known as Adventis Group plc and changed its name to Reabold Resources Plc in December 2012. Reabold Resources Plc was incorporated in 1998 and is based in London, the United Kingdom.

How the Company Makes Money

Reabold Resources makes money primarily through investment returns from its portfolio of natural resource interests. Its potential revenue and value realization typically come from: (1) monetisation events such as selling all or part of an equity interest in a project/company (capital gains); (2) cash distributions/receipts linked to underlying asset performance where it holds interests that entitle it to proceeds (e.g., profit shares/dividends/distributions) when portfolio companies or projects generate surplus cash; and (3) revaluation uplift of investments that may be realised upon a financing, farm-out, merger, or sale transaction involving the underlying asset. Because Reabold operates as an investment/asset-management vehicle in upstream energy, its earnings are strongly influenced by external factors including commodity prices, reserve/resource outcomes, development/exploration success, and the availability of counterparties and financing for asset transactions. Specific recurring revenue line items, contract structures, or named partnerships are null.

Reabold Resources Financial Statement Overview

Summary

Overall financial quality is weak: revenue fell to zero in 2023–2024 with persistent net losses and negative operating/free cash flow. The main offset is a relatively solid, low-leverage balance sheet with minimal debt, though equity has been trending down.

Income Statement

The income statement is weak, driven by a collapse to zero revenue in 2023–2024 (annual reports), following already small revenue in 2020–2022. Profitability is consistently negative, with sizable operating losses and net losses each year; 2024 net income improved versus 2023, but losses remain large and the business is still not generating gross profit.

Balance Sheet

The balance sheet looks relatively solid from a leverage standpoint, with extremely low debt (near-zero in most years and minimal in 2024) and a very low debt-to-equity ratio. Equity and assets are sizeable relative to debt, providing financial flexibility; however, equity has trended down from 2022 to 2024 and returns on equity are consistently negative, reflecting ongoing losses eroding shareholder value.

Cash Flow

Cash flow quality is pressured by consistently negative operating cash flow and negative free cash flow across 2020–2024, indicating the company is not self-funding operations. Free cash flow was roughly flat from 2022–2023 but deteriorated in 2024, and negative operating cash flow alongside net losses suggests continued cash burn risk, even though 2024 losses narrowed versus 2023.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	560.00K	1.16M	1.03M
Gross Profit	0.00	-48.00K	-15.00K	-290.00K	-166.00K	4.00K
EBITDA	-2.30M	-2.11M	-6.60M	289.00K	-1.55M	-1.01M
Net Income	-2.85M	-3.40M	-7.19M	-45.00K	-2.67M	-2.67M
Balance Sheet
Total Assets	43.89M	39.58M	43.16M	47.14M	47.41M	39.68M
Cash, Cash Equivalents and Short-Term Investments	3.99M	6.25M	9.78M	14.24M	4.88M	1.14M
Total Debt	27.00K	47.00K	0.00	0.00	0.00	0.00
Total Liabilities	2.18M	715.00K	983.00K	676.00K	914.00K	759.00K
Stockholders Equity	37.53M	38.87M	42.17M	46.46M	46.49M	38.92M
Cash Flow
Free Cash Flow	-2.42M	-2.56M	-2.56M	-2.50M	-2.58M	-5.18M
Operating Cash Flow	-2.06M	-2.27M	-2.16M	-1.78M	-1.04M	-1.65M
Investing Cash Flow	-1.51M	3.21M	2.29M	2.42M	-2.05M	-4.00M
Financing Cash Flow	-42.00K	-110.00K	-263.00K	0.00	6.88M	1.00K

Reabold Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
UJO	58 Neutral	£5.42M	-4.82	-2.88%	―	―	―
UOG	52 Neutral	£7.69M	-4.18	-14.83%	―	―	―
RBD	47 Neutral	£10.70M	-1.04	-7.46%	―	―	―
NOG	46 Neutral	£4.12M	-0.04	42.95%	―	-10.73%	24.24%
DELT	41 Neutral	£3.26M	-1.60	-594.72%	―	―	―

Reabold Resources Corporate Events

Reabold Resources Secures Strategic US Funding to Advance West Newton Gas Project

Reabold Resources has secured a conditional £1.9 million equity subscription from a group of US-based strategic investors led by Rohan Oza, at the prevailing market price, as the cornerstone of a wider fundraising of at least an additional £1.1 million. The proceeds are earmarked mainly for advancing the West Newton gas project, including recompletion of the A-2 well, with attached warrants offering potential follow-on capital to accelerate early production should operations prove successful.

Management said the backing from high-profile investors underscores the perceived disconnect between the fundamental value of UK-listed oil and gas assets and their market valuations, especially compared with North America. The company argues its European gas portfolio is well positioned to support both regional energy security and growing demand from the digital economy, and notes that recent environmental permitting for A-2 stimulation operations enables the joint venture to move forward with key development work in the coming months.

The most recent analyst rating on (GB:RBD) stock is a Hold with a £0.09 price target. To see the full list of analyst forecasts on Reabold Resources stock, see the GB:RBD Stock Forecast page.

Reabold Gains Momentum as Beacon Deal Unlocks Italian Gas Asset

Reabold Resources highlighted the completion by Beacon Energy of its acquisition of a significant interest in LNEnergy, alongside a fundraise and the resumption of Beacon’s share trading on AIM. Through its shareholding in Beacon and entitlement to a substantial portion of project cash flows, Reabold maintains significant exposure to the Colle Santo onshore gas field in Italy.

The transaction, together with an offtake and financing arrangement secured by LNEnergy with a leading Italian energy wholesaler and distributor, marks a key step in advancing Colle Santo toward development. These milestones are expected to help unlock material value from the asset and support Reabold’s strategy of delivering strong economic returns while bolstering European gas supply security.

The most recent analyst rating on (GB:RBD) stock is a Hold with a £0.09 price target. To see the full list of analyst forecasts on Reabold Resources stock, see the GB:RBD Stock Forecast page.

Reabold flags Beacon fundraising step in strategic gas investment drive

Reabold Resources, an investing company specialising in strategic gas projects to bolster European energy security, targets proven undeveloped gas discoveries with near-term production potential in the UK and continental Europe. Its model balances proceeds from asset sales between shareholder returns and reinvestment into new energy projects to drive long-term value.

The company highlighted that Beacon Energy has published its admission document for a proposed transaction involving a significant strategic investment in LNEnergy Limited, alongside a planned fundraise of at least about £3.75 million. The move underscores ongoing capital formation around European gas assets, which may strengthen Reabold’s exposure to strategic gas developments through its relationship with Beacon and the broader investment ecosystem.

The most recent analyst rating on (GB:RBD) stock is a Hold with a £0.09 price target. To see the full list of analyst forecasts on Reabold Resources stock, see the GB:RBD Stock Forecast page.

Reabold Secures Key Regulatory Milestone for West Newton Gas Field

Reabold Resources, an investing company focused on strategic gas projects to bolster European energy security, holds a majority economic interest in the West Newton gas field in East Yorkshire through its stake in operator Rathlin Energy and a direct licence interest. The company targets proven undeveloped gas resources with near-term production potential, balancing proceeds between shareholder returns and new project investment.

The UK Environment Agency has approved a permit variation for the West Newton A well site, allowing recompletion works on the WNA-2 well subject to pre-operational conditions, marking a key regulatory milestone toward field development and future production. Reabold views the recompletion as a low-risk, low-cost step that will further derisk the project and help optimise future production wells, reinforcing West Newton’s potential role as a strategic domestic gas asset contributing to UK energy security.

The most recent analyst rating on (GB:RBD) stock is a Hold with a £0.09 price target. To see the full list of analyst forecasts on Reabold Resources stock, see the GB:RBD Stock Forecast page.

Reabold Flags Beacon Energy Deal Update and Boosts Investor Engagement

Reabold Resources has acknowledged a new announcement from Beacon Energy regarding a proposed transaction first flagged in October 2025, directing investors to Beacon’s latest disclosure for full details. The company is actively promoting direct engagement with its management through an interactive investor hub, reflecting an emphasis on transparency and shareholder communication as it pursues its strategy of backing strategic gas projects that underpin European energy security.

The most recent analyst rating on (GB:RBD) stock is a Hold with a £0.09 price target. To see the full list of analyst forecasts on Reabold Resources stock, see the GB:RBD Stock Forecast page.

Reabold Secures Formal Italian Approval for Colle Santo Small-Scale LNG Plan

Reabold Resources has announced that Italy’s Ministry for the Environment and Energy Security has issued a favourable formal decree for LNEnergy Limited’s small-scale LNG development plan at the Colle Santo gas project, following an earlier positive opinion from the ministry in August 2025. The formal approval marks a key regulatory milestone for one of Reabold’s strategic gas investments in Europe and reinforces the company’s positioning in supply-focused gas projects aimed at bolstering regional energy security, potentially supporting future value creation for shareholders as the project advances.

The most recent analyst rating on (GB:RBD) stock is a Hold with a £0.05 price target. To see the full list of analyst forecasts on Reabold Resources stock, see the GB:RBD Stock Forecast page.