Union Jack Oil PLC (GB:UJO)
LSE:UJO
Want to see GB:UJO full AI Analyst Report?
Top Page
Union Jack Oil
(LSE:UJO)
Select Model
Select Model
Rating:42Neutral
Price Target:
4.00 p
▲(77.78% Upside)
Action:Reiterated
Date:05/28/26
The score is weighed down primarily by weak financial performance: a sharp swing to a large 2025 loss alongside negative operating cash flow and worsening, consistently negative free cash flow. Technicals add additional downside pressure with the stock trading below key short-term moving averages and weak momentum indicators. The debt-free balance sheet is a positive offset, but negative P/E and lack of dividend data limit valuation support.
Positive Factors
Debt-free balance sheet
A zero-debt balance sheet materially reduces refinancing and interest-rate risk for an E&P company, giving durable financial flexibility. This conservatively financed position supports funding of near-term operations, farm-ins/farm-outs or bridging cash needs without immediate debt issuance.
Negative Factors
Worsening free cash flow
Sustained negative free cash flow signals structural cash burn that undermines self-funding of operations and development. Over multiple quarters this increases reliance on asset disposals, equity raises or partner funding, constraining strategic choices and raising dilution or execution risk.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A zero-debt balance sheet materially reduces refinancing and interest-rate risk for an E&P company, giving durable financial flexibility. This conservatively financed position supports funding of near-term operations, farm-ins/farm-outs or bridging cash needs without immediate debt issuance.
Read all positive factors
Union Jack Oil (UJO) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£5.17M
Dividend YieldN/A
Average Volume (3M)702.79K
Price to Earnings (P/E)―
Beta (1Y)-1.31
Revenue Growth-36.65%
EPS Growth-1031.15%
CountryUK
Employees5
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)-0.06
Shares Outstanding146,565,900
10 Day Avg. Volume70,727
30 Day Avg. Volume702,790
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.16
Price to Sales (P/S)1.09
P/FCF Ratio-0.85
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)>-0.01
Revenue Forecast (FY)£4.22M
Union Jack Oil Business Overview & Revenue Model
Company Description
Union Jack Oil plc is an onshore oil and gas entity operating within the United Kingdom. The company's principal activities encompass the production, drilling, development, and strategic investment in hydrocarbon ventures. Since its incorporation ...
How the Company Makes Money
UJO makes money primarily by earning its proportional share of hydrocarbons produced from the fields and licences in which it holds working interests. Revenue is generated when oil and/or gas is sold by the field operator; UJO then receives its ne...
Union Jack Oil Financial Statement Overview
Summary
Income Statement
38
Negative
Balance Sheet
72
Positive
Cash Flow
34
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 2.49M | 3.93M | 5.07M | 8.51M | 1.89M |
| Gross Profit | 691.00K | 1.97M | 3.30M | 5.10M | 782.56K |
| EBITDA | -1.27M | 562.42K | 1.74M | 5.23M | -223.24K |
| Net Income | -7.03M | 649.21K | 859.09K | 3.61M | -853.01K |
Balance Sheet | |||||
| Total Assets | 19.08M | 23.85M | 24.18M | 26.36M | 24.47M |
| Cash, Cash Equivalents and Short-Term Investments | 1.46M | 2.53M | 5.20M | 7.16M | 5.98M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 2.25M | 1.98M | 2.28M | 3.36M | 4.27M |
| Stockholders Equity | 16.83M | 21.87M | 21.90M | 23.01M | 20.21M |
Cash Flow | |||||
| Free Cash Flow | -3.22M | -3.72M | -597.12K | 2.35M | -3.88M |
| Operating Cash Flow | -669.59K | 344.37K | 1.98M | 5.92M | -579.71K |
| Investing Cash Flow | -2.40M | -2.75M | -2.10M | -3.66M | -3.40M |
| Financing Cash Flow | 2.00M | -266.42K | -1.84M | -1.08M | 2.69M |
Union Jack Oil Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
55 Neutral | £36.19M | -3.14 | -19.41% | ― | -20.46% | 35.99% | |
48 Neutral | £10.62M | -2.36 | -21.11% | ― | -17.39% | ― | |
47 Neutral | £12.12M | -3.01 | -7.46% | ― | ― | 47.17% | |
42 Neutral | £5.17M | -0.73 | -2.88% | ― | -36.65% | -1031.15% | |
41 Neutral | £6.28M | -2.12 | -594.72% | ― | ― | 85.88% |
* Energy Sector Average
GB:UJO
Union Jack Oil
3.53
-5.73
-61.89%
GB:ANGS
Angus Energy
0.21
-0.03
-11.25%
GB:DELT
Deltic Energy
6.75
1.25
22.73%
GB:STAR
IGas Energy
18.75
11.70
165.96%
GB:RBD
Reabold Resources
84.00
24.00
40.00%
GB:UKOG
UK Oil & Gas Investments
0.01
0.00
0.00%
Union Jack Oil Corporate Events
Business Operations and Strategy
Union Jack Oil Deems Oklahoma Crossroads Well Non-Commercial
Negative
Jun 19, 2026
Union Jack Oil has provided an operational update on the Crossroads well in Garvin County, Oklahoma, where it holds a 43% working interest. The well encountered hydrocarbon shows across several formations, from the Hoxbar to the Basal McLish inter...
Business Operations and StrategyM&A TransactionsRegulatory Filings and Compliance
Union Jack Oil Confirms Possible All-Share Approach From Reabold Resources
Neutral
Jun 15, 2026
Union Jack Oil has confirmed it received a non-binding, indicative all-share proposal from Reabold Resources for the entire share capital of the company. The board has evaluated the approach with advisers, granted Reabold due diligence access and ...
Business Operations and StrategyPrivate Placements and Financing
Union Jack Oil secures £1m Egdon loan backed by Wressle field
Positive
Jun 8, 2026
Union Jack Oil has agreed a secured term loan facility of £1 million with Egdon Resources to bolster working capital for general corporate purposes. The 24‑month loan is secured against Union Jack’s interests in the Wressle oilfie...
Business Operations and StrategyExecutive/Board Changes
Union Jack Oil Director Resigns but Remains in Technical Role
Negative
Jun 3, 2026
Union Jack Oil has announced the immediate resignation of non-executive director Graham Bull, who will nonetheless continue to provide technical services to the company. The move follows what Bull described as a detrimental impact on him and his f...
Business Operations and StrategyExecutive/Board ChangesShareholder MeetingsStock Split
Union Jack Oil Urges Rejection of Dissident Director Bid and Backs Share Reorganisation Amid US Growth Drive
Positive
May 27, 2026
Union Jack Oil has called on shareholders to vote against the proposed AGM resolution to reappoint former director Craig Howie, who resigned in January at the board’s unanimous request after alleged confidentiality breaches and other concern...
Business Operations and StrategyFinancial Disclosures
Union Jack Oil Swings to Loss as It Shifts Growth Focus to U.S. Assets
Negative
May 26, 2026
Union Jack Oil reported a sharp swing to a £7.0 million net loss for 2025, from a prior-year profit, after impairing its Biscathorpe and North Kelsey UK licences and the unsuccessful Sark well in the USA, alongside lower oil and gas revenues ...
Business Operations and Strategy
Union Jack Oil Flags Multiple Prospective Zones at Oklahoma Crossroads Well
Positive
May 15, 2026
Union Jack Oil reported progress at its Crossroads Well in Garvin County, Oklahoma, where it holds a 43% interest in the onshore hydrocarbon prospect. The well was drilled on budget to a target depth of 4,600 feet, and electric logs show several z...
Business Operations and StrategyExecutive/Board ChangesShareholder Meetings
Union Jack Oil Faces Shareholder-Driven Board Resolutions at Forthcoming AGM
Negative
May 7, 2026
Union Jack Oil said a shareholder holding about 9.16% of its issued share capital has requested that several ordinary resolutions be added to the agenda of the company’s upcoming annual general meeting in June. These include putting all curr...
Business Operations and Strategy
Union Jack Oil Spuds Crossroads Well in Oklahoma as U.S. Push Continues
Positive
May 6, 2026
Union Jack Oil has confirmed that the Crossroads Well in Oklahoma, operated by Reach Oil and Gas Company Inc., was spudded on 5 May 2026, with drilling expected to take around 10 days before results are reported to shareholders. The company holds ...
Business Operations and Strategy
Union Jack Oil Faces Short Delay at Oklahoma Crossroads Well
Neutral
May 1, 2026
Union Jack Oil said the drilling rig for the Crossroads Well in southern Oklahoma remains under maintenance, delaying the start of drilling, with a new spud date expected in early May. The company, which holds a 43% interest in the project, confir...
Business Operations and Strategy
Union Jack Oil Reports Brief Delay to Crossroads Well Spud in Oklahoma
Neutral
Apr 16, 2026
Union Jack Oil has reported a short delay to the planned spud date of the Crossroads well in Southern Oklahoma after the operator, Reach Oil and Gas Company Inc., required rig maintenance. The operator expects drilling to commence before the end o...
Business Operations and Strategy
Union Jack Oil Nears Spud of High-Potential Crossroads Well in Oklahoma
Positive
Apr 8, 2026
Union Jack Oil said the Crossroads well in southern Oklahoma is scheduled to be spudded around 16 April 2026, with the company holding a 43% interest and having already funded its share of drilling costs. The well will target a large 100‑acr...
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.