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IGas Energy
(LSE:STAR)
IGas Energy (STAR) vs. iShares MSCI United Kingdom ETF (EWC)
IGas Energy Business Overview & Revenue Model
IGas Energy Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 43.65M | 49.47M | 59.17M | 37.92M | 21.58M | Gross Profit |
| 12.28M | 17.09M | 28.85M | 14.02M | -1.95M | EBIT |
| 2.93M | 5.20M | 21.00M | 7.77M | -5.78M | EBITDA |
| 6.78M | 15.39M | -8.40M | -3.94M | -34.18M | Net Income Common Stockholders |
| -11.29M | -4.49M | -11.78M | -6.04M | -42.09M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 4.71M | 3.85M | 3.09M | 3.29M | 2.44M | Total Assets |
| 133.97M | 145.29M | 148.99M | 168.40M | 167.03M | Total Debt |
| 19.71M | 13.20M | 16.52M | 22.01M | 21.21M | Net Debt |
| 15.00M | 8.94M | 13.43M | 18.72M | 18.77M | Total Liabilities |
| 91.32M | 90.42M | 90.71M | 99.78M | 93.73M | Stockholders Equity |
| 43.69M | 54.63M | 58.27M | 68.62M | 73.30M |
| Cash Flow | Free Cash Flow | |||
| 67.00K | 7.35M | 10.23M | 2.33M | -4.93M | Operating Cash Flow |
| 5.65M | 15.86M | 18.15M | 7.13M | 3.60M | Investing Cash Flow |
| -5.67M | -9.62M | -7.91M | -4.80M | -8.44M | Financing Cash Flow |
| 4.81M | -5.22M | -10.66M | -1.53M | -1.75M |
IGas Energy Technical Analysis
IGas Energy Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | £84.69M | 24.55 | 7.69% | ― | -5.19% | 115.58% | |
62 Neutral | £9.67M | ― | -71.60% | ― | 7.26% | 87.27% | |
60 Neutral | £97.89M | ― | -15.96% | ― | -13.04% | -387.05% | |
58 Neutral | $7.59B | 3.32 | -4.46% | 9.96% | 0.83% | -49.64% | |
56 Neutral | £43.23M | ― | -13.12% | ― | -9.28% | -19.48% | |
54 Neutral | £9.08M | ― | -22.98% | ― | -11.76% | -147.71% |
IGas Energy Corporate Events
Star Energy Group PLC, a company listed on AIM under the ticker STAR, has released its Annual Report and Accounts for the year ended 31 December 2024 and has sent out notices for its Annual General Meeting (AGM) scheduled for 19 June 2025. The documents are available on the company’s website, and the results of the AGM will be published online shortly after the meeting. This announcement is part of the company’s regular reporting and governance activities, providing transparency and updates to its shareholders.
Star Energy Group plc has announced the implementation of a Management Retention Plan aimed at aligning the interests of its directors and key employees with those of its shareholders. The plan includes the distribution of annual bonuses exceeding £15,000 in both cash and restricted stock, with specific awards granted to the CEO and CFO. This initiative is expected to enhance the company’s operational stability and strengthen its industry position by retaining top management talent.
Star Energy Group plc has entered into a partnership with Veolia to develop large-scale geothermal heating projects in the UK. This collaboration aims to decarbonize heat supply for district heating schemes, commercial buildings, hospitals, and campuses, supporting the UK’s net-zero goals. Geothermal energy offers a more energy-efficient, long-lasting, and potentially lower-cost alternative to current fossil fuel-based systems. The partnership will utilize advanced technologies and proven methods to deliver significant carbon savings, aligning with Veolia’s global GreenUp strategy. This initiative positions Star Energy as a key player in the transition to sustainable energy solutions, with expectations for significant growth in its geothermal business.
Star Energy Group PLC has announced the issuance of 138,668 Ordinary Shares under its Share Incentive Plan (SIP) on the AIM market of the London Stock Exchange. This move is part of the company’s strategy to incentivize employees by matching their share subscriptions, potentially enhancing employee engagement and aligning their interests with the company’s performance. The shares will be held by Equiniti Share Plan Trustees Limited and are expected to be admitted to trading on or around 7 May 2025. This initiative reflects the company’s commitment to employee participation in its growth and could influence its market positioning by fostering a more invested workforce.
Star Energy Group PLC reported its full-year results for 2024, highlighting a strategic focus on maintaining strong cash flows from oil and gas operations while investing in geothermal energy as a future growth opportunity. Despite a challenging geopolitical climate, the company has made progress in reducing costs and securing financing to support its geothermal initiatives. The company also increased its stake in its Croatian subsidiary and sold non-core land to strengthen its financial position. Operationally, Star Energy maintained consistent production levels and began work on new projects, such as the Singleton gas-to-wire project, to enhance its energy portfolio.
Star Energy Group plc has completed the sale of its non-core asset, the Holybourne site in Alton, Hampshire, for £6.3 million. This move is part of the company’s strategy to streamline operations and concentrate on core assets, with the proceeds aimed at deleveraging the business and supporting ongoing projects.
Star Energy Group plc has released an updated Competent Persons Report (CPR) for its conventional oil and gas interests, conducted by the independent auditor DeGolyer & MacNaughton. This update is likely to provide stakeholders with a clearer understanding of the company’s reserves and resources, potentially impacting its market positioning and operational strategies.
Star Energy Group Plc has signed a Memorandum of Understanding with Bring Energy to explore integrating geothermal energy into Southampton’s city-centre heat network. This collaboration aims to decarbonize the existing network and potentially develop a new geothermal-supplied heat network for the northern part of the city. The agreement marks a significant step in delivering clean, reliable heat to UK cities, aligning with Southampton’s net zero ambitions and enhancing energy security.