IGas Energy (STAR) AI Stock Analysis

• Market Cap: £11.65M
• Dividend Yield: N/A
• Average Volume (3M): 747.11K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.38
• Revenue Growth: -20.85%
• EPS Growth: -105.70%
• Country: UK
• Employees: 137
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): -0.03
• Shares Outstanding: 130,900,240
• 10 Day Avg. Volume: 88,348
• 30 Day Avg. Volume: 747,108
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.21
• Price to Sales (P/S): 0.21
• P/FCF Ratio: 139.31
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 51 Neutral
• Price Target: 8.00p ▼(-11.11% Downside)

The overall stock score is primarily impacted by the company's financial challenges, including declining revenues and profitability, which are significant risks. However, the technical analysis shows positive momentum, providing some optimism. The valuation is weak due to negative earnings and no dividend yield, further weighing down the score.

Positive Factors

Advanced Technology Utilization

The use of advanced technology can enhance production efficiency and reduce carbon emissions, providing a competitive advantage in the energy sector.

Domestic Supply Focus

Focusing on domestic supply can stabilize revenue streams and reduce exposure to international market volatility, supporting long-term growth.

Partnerships and Collaborations

Strategic partnerships can boost exploration capabilities and technology sharing, fostering innovation and expanding market reach.

Negative Factors

Declining Revenue

Persistent revenue decline indicates challenges in market demand or operational inefficiencies, threatening long-term financial health.

Profitability Challenges

Ongoing profitability issues can hinder investment in growth initiatives and affect the company's ability to sustain operations.

Cash Flow Pressure

Diminished cash flow limits financial flexibility, affecting the company's ability to invest in new projects or weather economic downturns.

IGas Energy Business Overview & Revenue Model

Company Description

Star Energy Group Plc operates as an oil and gas exploration, development, processing, and production company in the United Kingdom. The company holds gas and oil reserves at onshore locations in the East Midlands; and the Weald Basin in Southern England. It also generates electricity through geothermal energy; and development of deep geothermal heat projects. The company was formerly known as IGas Energy plc and changed its name to Star Energy Group Plc in June 2023. Star Energy Group Plc is based in Lincoln, the United Kingdom.

How the Company Makes Money

IGas Energy generates revenue primarily through the exploration, extraction, and sale of natural gas and oil. The company’s revenue model is built on several key streams, which include the sale of hydrocarbons produced from its operating fields, royalties from production activities, and potential partnerships or joint ventures that enhance exploration capabilities. Additionally, IGas may engage in service contracts and collaborations with other energy firms for technology sharing or infrastructure development, further contributing to its earnings. Market demand for energy, fluctuations in oil and gas prices, and regulatory factors also play significant roles in influencing the company's financial performance.

IGas Energy Financial Statement Overview

Summary

IGas Energy faces significant financial challenges with declining revenues and profitability. The balance sheet indicates increasing leverage, while cash flows are under pressure. The company needs to focus on improving operational efficiency and cash flow management to stabilize its financial position.

Income Statement

The company shows declining revenue over the past three years, with a notable drop from 2022 to 2023. Gross profit margins have decreased, and the net income remains negative, indicating profitability challenges. The EBIT margin has decreased as well, suggesting reduced operational efficiency.

Balance Sheet

The debt-to-equity ratio is relatively stable, but there is a trend of decreasing stockholders' equity. The equity ratio is declining, indicating increased leverage. The balance sheet shows a mixed picture of stability with some risks due to increasing total debt levels.

Cash Flow

The cash flow situation is challenging, with a significant decrease in operating cash flow from 2022 to 2023. Free cash flow has diminished, indicating potential liquidity issues. The company needs to manage cash flows better to ensure sustainability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	38.72M	43.65M	49.47M	59.17M	37.92M	21.58M
Gross Profit	6.14M	12.28M	14.44M	28.85M	14.02M	-1.95M
EBITDA	15.30M	6.78M	15.39M	-8.40M	-3.94M	-34.18M
Net Income	-13.68M	-11.29M	-4.49M	-11.78M	-6.24M	-42.09M
Balance Sheet
Total Assets	121.11M	133.97M	145.29M	148.99M	168.40M	167.03M
Cash, Cash Equivalents and Short-Term Investments	4.28M	4.71M	3.85M	3.09M	3.29M	2.44M
Total Debt	13.80M	20.85M	13.20M	16.52M	22.01M	21.21M
Total Liabilities	82.61M	91.32M	90.42M	90.71M	99.78M	93.73M
Stockholders Equity	39.28M	43.69M	54.63M	58.27M	68.62M	73.30M
Cash Flow
Free Cash Flow	-307.00K	67.00K	7.35M	10.23M	2.33M	-4.93M
Operating Cash Flow	4.35M	5.65M	15.86M	18.15M	7.13M	3.60M
Investing Cash Flow	-2.17M	-9.54M	-9.62M	-7.91M	-4.80M	-8.44M
Financing Cash Flow	-1.38M	4.81M	-5.22M	-10.66M	-1.53M	-1.75M

IGas Energy Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 9.00
• 50DMA: Positive
• 100DMA: Positive
• 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:STAR, the sentiment is Positive. The current price of 9 is above the 20-day moving average (MA) of 8.52, above the 50-day MA of 8.04, and above the 200-day MA of 7.25, indicating a bullish trend. The MACD of 0.32 indicates Negative momentum. The RSI at 69.70 is Neutral, neither overbought nor oversold. The STOCH value of 53.63 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:STAR.

IGas Energy Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SDI	67 Neutral	£84.70M	21.26	9.34%	―	7.36%	31.93%
KMK	66 Neutral	£44.55M	11.53	7.39%	―	36.61%	―
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
STAR	51 Neutral	£11.65M	-0.85	-29.57%	―	-20.85%	-105.70%
CPX	51 Neutral	£19.69M	-4.86	―	―	7.26%	87.27%
XAR	48 Neutral	£99.67M	-8.91	-16.64%	―	-7.35%	-222.10%
WPHO	40 Underperform	£55.41M	-49.15	-17.36%	―	-14.81%	-1362.50%

IGas Energy Corporate Events

Star Energy Group Announces New Share Listing Under Employee Incentive Plan

Star Energy Group PLC has announced the application for listing 116,018 Ordinary Shares on the AIM market of the London Stock Exchange under its Share Incentive Plan (SIP). These shares, calculated based on a mid-market closing price, will be held by Equiniti Share Plan Trustees Limited and are expected to be admitted by 31 October 2025. This move is part of the company’s strategy to incentivize employees and align their interests with corporate goals, potentially impacting the company’s market positioning by enhancing employee engagement and retention.

The most recent analyst rating on (GB:STAR) stock is a Hold with a £6.50 price target. To see the full list of analyst forecasts on IGas Energy stock, see the GB:STAR Stock Forecast page.

Star Energy Group Announces H1 2025 Results Webcast

Star Energy Group PLC, a company listed on the AIM market, announced that its CEO Ross Glover and CFO Frances Ward will host a live webcast to discuss the company’s H1 2025 results. This presentation, scheduled for September 23, 2025, is accessible to both existing and potential shareholders, allowing them to submit questions and engage with the company’s leadership.

The most recent analyst rating on (GB:STAR) stock is a Hold with a £6.50 price target. To see the full list of analyst forecasts on IGas Energy stock, see the GB:STAR Stock Forecast page.

Star Energy Group PLC Faces Challenges Yet Advances Geothermal Projects

Star Energy Group PLC reported its unaudited interim results for the first half of 2025, highlighting the challenges posed by the UK’s Energy Profits Levy and regulatory environment. Despite these hurdles, the company remains committed to advancing its geothermal projects and optimizing its oil and gas operations. The company has made strategic investments in its Singleton gas-to-wire project and geothermal initiatives in the UK and Croatia. Financially, Star Energy experienced a decrease in revenues due to lower commodity prices and production but managed to reduce net debt and administrative costs. The company is actively seeking government support to realize the potential of geothermal energy, which is seen as crucial for energy security and economic growth.

The most recent analyst rating on (GB:STAR) stock is a Hold with a £6.50 price target. To see the full list of analyst forecasts on IGas Energy stock, see the GB:STAR Stock Forecast page.