Rockhopper Exploration PLC (GB:RKH)
LSE:RKH
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Rockhopper Exploration
(LSE:RKH)
Select Model
Select Model
Rating:53Neutral
Price Target:
73.00 p
▼(-18.53% Downside)
Action:N/ADate:01/04/26
Overall score is held back primarily by inconsistent financial performance (minimal recurring revenue, volatile profits, and weak operating profitability despite a strong balance sheet) and bearish/soft technical signals (below key moving averages with negative MACD). The main offset is the improved 2024 cash flow and low leverage, but valuation cannot be assessed from the provided data.
Rockhopper Exploration (RKH) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£770.00M
Dividend YieldN/A
Average Volume (3M)2.52M
Price to Earnings (P/E)―
Beta (1Y)0.70
Revenue GrowthN/A
EPS GrowthN/A
CountryUK
Employees9
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)-0.06
Shares Outstanding861,378,900
10 Day Avg. Volume1,963,914
30 Day Avg. Volume2,516,693
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.85
Price to Sales (P/S)0.00
P/FCF Ratio22.08
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
£113.00Price Target Upside26.12% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)>-0.01
Revenue Forecast (FY)N/A
Rockhopper Exploration Business Overview & Revenue Model
Company Description
Rockhopper Exploration plc operates as an oil and gas exploration and production company primarily in the United Kingdom. It engages in the exploration, appraisal, and exploitation of its oil and gas acreage primarily in the North Falkland Basin a...
How the Company Makes Money
null...
Rockhopper Exploration Financial Statement Overview
Summary
Income Statement
44
Neutral
Balance Sheet
73
Positive
Cash Flow
58
Neutral
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 652.00K | 839.00K | 2.75M |
| Gross Profit | -6.17K | 0.00 | -870.00K | -1.31M | -302.00K | -2.21M |
| EBITDA | -38.94M | -3.48M | -5.84M | 562.00K | -5.00M | -235.33M |
| Net Income | -39.33M | 47.61M | -4.55M | 35.55M | -7.76M | -236.50M |
Balance Sheet | ||||||
| Total Assets | 260.28M | 355.54M | 267.25M | 264.46M | 258.28M | 261.36M |
| Cash, Cash Equivalents and Short-Term Investments | 21.69M | 20.88M | 7.99M | 9.79M | 4.82M | 11.68M |
| Total Debt | 27.63M | 15.35M | 246.00K | 553.00K | 1.13M | 1.84M |
| Total Liabilities | 114.05M | 107.16M | 67.13M | 63.99M | 103.76M | 100.79M |
| Stockholders Equity | 146.22M | 248.38M | 200.12M | 200.47M | 154.52M | 160.57M |
Cash Flow | ||||||
| Free Cash Flow | -633.09K | 9.55M | -5.70M | -4.35M | -6.06M | -20.09M |
| Operating Cash Flow | -633.10K | 11.38M | -4.41M | -2.55M | -2.58M | -5.44M |
| Investing Cash Flow | 891.42K | -16.38M | 3.24M | -10.49M | -3.58M | 108.00K |
| Financing Cash Flow | 112.22K | 2.20M | 3.55M | 9.32M | -587.00K | -391.00K |
Rockhopper Exploration Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | £441.61M | 33.45 | 3.18% | 8.66% | 38.03% | 94.56% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
63 Neutral | £1.09B | -12.95 | -6.09% | 9.30% | -32.89% | -239.58% | |
56 Neutral | £368.34M | 166.34 | 0.54% | 4.36% | -18.05% | -634.88% | |
53 Neutral | £770.00M | -2.65 | -19.93% | ― | ― | ― | |
51 Neutral | £165.79M | ― | -1.81% | ― | -100.00% | -84.62% | |
50 Neutral | £142.90M | -24.27 | -11.54% | ― | -0.20% | -25.68% |
* Energy Sector Average
GB:RKH
Rockhopper Exploration
89.60
50.50
129.16%
GB:GENL
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51.90
0.50
0.97%
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GB:GKP
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Rockhopper Exploration Corporate Events
Regulatory Filings and Compliance
Rockhopper Updates Total Voting Rights After Employee Option Exercise
Neutral
Feb 2, 2026
Rockhopper Exploration has issued 874,103 new ordinary shares of 1 pence each following the exercise of employee share options, taking its issued share capital to 861,378,880 ordinary shares with voting rights as of 31 January 2026. The update cla...
Business Operations and StrategyPrivate Placements and Financing
Rockhopper CEO Increases Stake via Open Offer Participation
Positive
Jan 21, 2026
Rockhopper Exploration has disclosed that chief executive Sam Moody has taken up 36,744 shares through the company’s recently launched open offer, lifting his holding to 4,750,328 shares, or about 0.55% of the current issued share capital. T...
Business Operations and StrategyExecutive/Board Changes
Rockhopper bolsters board with appointment of veteran energy executive Richard Slape
Positive
Jan 20, 2026
Rockhopper Exploration has strengthened its board with the appointment of veteran energy executive and former oil and gas analyst Richard Slape as a non-executive director, with immediate effect. Slape, who brings extensive sector and CFO experien...
Business Operations and StrategyPrivate Placements and Financing
Rockhopper Raises £6.9m After Heavily Oversubscribed Open Offer
Positive
Jan 16, 2026
Rockhopper Exploration has completed a significantly oversubscribed open offer to qualifying shareholders, receiving valid applications for 101.96 million shares—around 773% of the 13.19 million shares available—and raising approximate...
Business Operations and StrategyPrivate Placements and Financing
Rockhopper Publishes Open Offer Circular Following Sea Lion Project Funding Milestone
Positive
Dec 29, 2025
Rockhopper Exploration has published and posted to eligible shareholders the circular for its previously announced open offer, following the recent financial close on the Sea Lion project and completion of a placing. The circular, which sets out f...
Business Operations and StrategyPrivate Placements and Financing
Rockhopper Secures Funding and Financial Close for Falklands Sea Lion Project
Positive
Dec 22, 2025
Rockhopper Exploration has reached financial close on the Sea Lion Project following its recent final investment decision, confirming that all key contracts for Phase 1 have been signed by operator Navitas and that the overall budget from FID to c...
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.