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United Oil & Gas Plc
(LSE:UOG)
United Oil & Gas Plc (UOG) vs. iShares MSCI United Kingdom ETF (EWC)
United Oil & Gas Plc Business Overview & Revenue Model
United Oil & Gas Plc Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 21.01M | 21.17M | 9.05M |
| Gross Profit | -24.25K | 0.00 | 0.00 | 12.87M | 12.26M | 2.55M |
| EBITDA | -1.10M | -1.80M | 0.00 | 1.69M | 10.97M | 5.01M |
| Net Income | -900.34K | -2.44M | -20.37M | 2.35M | 3.60M | 852.66K |
Balance Sheet | ||||||
| Total Assets | 5.89M | 8.26M | 10.23M | 33.96M | 33.77M | 29.18M |
| Cash, Cash Equivalents and Short-Term Investments | 152.67K | 775.29K | 1.99M | 1.35M | 397.31K | 2.19M |
| Total Debt | 138.18K | 189.36K | 1.28M | 3.06M | 2.53M | 4.75M |
| Total Liabilities | 1.38M | 2.30M | 3.44M | 7.00M | 9.47M | 9.52M |
| Stockholders Equity | 6.18M | 5.95M | 6.79M | 26.96M | 24.29M | 19.66M |
Cash Flow | ||||||
| Free Cash Flow | -468.85K | 109.42K | 3.86M | 122.56K | 3.38M | 556.35K |
| Operating Cash Flow | -468.85K | 109.42K | 10.10M | 8.71M | 9.11M | 4.83M |
| Investing Cash Flow | -727.35K | -1.29M | -6.24M | -3.70M | -5.57M | -15.43M |
| Financing Cash Flow | 849.26K | 562.37K | -1.82M | -2.95M | -4.96M | 11.78M |
United Oil & Gas Plc Peers Comparison
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% | |
58 Neutral | £5.85M | -4.82 | -2.88% | ― | ― | ― | |
52 Neutral | £8.97M | -4.18 | -14.83% | ― | ― | ― | |
47 Neutral | £11.21M | -1.04 | -7.46% | ― | ― | ― | |
43 Neutral | £3.85M | -0.31 | ― | ― | ― | ― | |
34 Underperform | £4.75M | -1.31 | -13.06% | 55.43% | 14.40% | 26.92% |
United Oil & Gas Plc Corporate Events
United Oil & Gas has completed all three stages of its Seabed Geochemical Exploration programme on the Walton-Morant Licence offshore Jamaica, including multibeam echosounder surveying, heat flow probing and the recovery of seabed sediment cores from 42 targeted locations. The piston core samples are being sent to a U.S. laboratory for geochemical analysis, with results to be integrated into existing data to further de-risk the licence and bolster farm-out discussions, potentially paving the way for a future offshore exploration drilling phase in Jamaica.
The successful execution of the SGE programme is a key operational milestone that enhances United’s technical understanding of the Jamaican asset and strengthens its data room for potential partners. Positive laboratory outcomes could materially improve the project’s prospectivity and negotiating position, supporting the company’s broader growth strategy and its efforts to secure a partner for what management describes as a potentially transformational drilling campaign.
The most recent analyst rating on (GB:UOG) stock is a Hold with a £0.18 price target. To see the full list of analyst forecasts on United Oil & Gas Plc stock, see the GB:UOG Stock Forecast page.
United Oil & Gas has completed the second stage of its Surface Geochemical Exploration programme and begun the critical third stage of piston coring on the Walton‑Morant licence offshore Jamaica. The work is concentrated mainly in the Walton Basin near the Colibri, Streamertail and Oriole prospects, with additional locations in the Morant Basin targeted using integrated multibeam and seismic data.
Up to 42 seabed cores will be collected over about a week for laboratory analysis in Houston to test for thermogenic hydrocarbons, which would provide physical evidence of an active petroleum system. The programme is positioned as a key step in de‑risking the Jamaican acreage, refining geological models and supporting technical evaluation and commercial discussions that could shape future exploration and partnership opportunities on the licence.
The most recent analyst rating on (GB:UOG) stock is a Hold with a £0.18 price target. To see the full list of analyst forecasts on United Oil & Gas Plc stock, see the GB:UOG Stock Forecast page.
United Oil & Gas has applied to the London Stock Exchange for a blocklisting of 330,000,000 ordinary shares, following a notice from a warrant holder to exercise warrants. The new shares will provide headroom to meet potential exercises of low-priced warrants expiring in April 2026 and will rank pari passu with existing stock, indicating potential future dilution but improved flexibility in managing its capital structure.
The most recent analyst rating on (GB:UOG) stock is a Hold with a £0.18 price target. To see the full list of analyst forecasts on United Oil & Gas Plc stock, see the GB:UOG Stock Forecast page.
United Oil & Gas has released the second episode of its internal On the Rocks technical podcast, highlighting progress on its Surface Geochemical Exploration programme offshore Jamaica. The series underlines the company’s efforts to advance its high-impact Jamaican acreage, a key pillar of its exploration-led growth strategy.
The latest episode details completion of a multibeam echosounder survey and the start of heat-flow measurements and piston coring on the Walton-Morant licence. Management explains how new high-resolution seabed data are being integrated with existing seismic and geological datasets to identify features that may indicate hydrocarbon migration and to select coring locations, with results expected to feed directly into technical evaluation and commercial discussions on the licence.
The podcast also covers how piston coring is used to physically test for hydrocarbons in seabed sediments and outlines subsequent laboratory geochemical analysis. United plans to publish further episodes at key technical and operational milestones, using the series as an investor-facing tool to showcase the technical de-risking of its Jamaican exploration portfolio.
The most recent analyst rating on (GB:UOG) stock is a Hold with a £0.18 price target. To see the full list of analyst forecasts on United Oil & Gas Plc stock, see the GB:UOG Stock Forecast page.
United Oil & Gas has completed Stage 1 of its Surface Geochemical Exploration programme on the Walton-Morant offshore licence in Jamaica, acquiring high-quality multibeam echosounder seabed bathymetry data across about 1,189 km. The data will guide the selection of locations for Stage 2 heat-flow measurements and Stage 3 piston core sampling, underpinning the technical evaluation and de-risking of this high-impact exploration asset.
The survey vessel has returned to offshore operations to begin the next phases, and the full SGE programme is intended to provide independent, basin-scale evidence of active hydrocarbon systems on the licence. Successful execution of these stages is expected to support United’s commercial discussions around Walton-Morant and could enhance the asset’s attractiveness and strategic importance within the company’s exploration portfolio.
The most recent analyst rating on (GB:UOG) stock is a Hold with a £0.18 price target. To see the full list of analyst forecasts on United Oil & Gas Plc stock, see the GB:UOG Stock Forecast page.
United Oil & Gas has launched the first episode of its internal technical podcast, On the Rocks, designed to give shareholders and other stakeholders deeper insight into the geological evidence supporting its offshore exploration activities in Jamaica. Timed to coincide with the start of offshore survey work on the Walton Morant Licence using the R/V Gyre, the debut episode features senior technical staff explaining the data that indicate a working petroleum system offshore Jamaica—ranging from onshore hydrocarbon signs and basin continuity to satellite-detected potential oil slicks, fluid migration pathways and seabed anomalies—and outlines how the ongoing seabed geochemical exploration programme and piston coring could materially reduce exploration risk as offshore operations progress; further episodes will be released at key technical and operational milestones via the company’s YouTube channel.
The most recent analyst rating on (GB:UOG) stock is a Hold with a £0.14 price target. To see the full list of analyst forecasts on United Oil & Gas Plc stock, see the GB:UOG Stock Forecast page.
United Oil & Gas has begun the first stage of its Surface Geochemical Exploration programme on the Walton Morant offshore licence in Jamaica, launching multibeam echosounder operations from the R/V Gyre to produce high-resolution seabed imaging and depth mapping over priority areas. The staged programme, which will progress to heat flow measurements and piston coring with subsequent geochemical analysis in the US, is designed to confirm the presence of a working offshore petroleum system, materially de‑risk the licence’s prospectivity and strengthen the company’s position in ongoing farm-out discussions, with initial laboratory results expected from about one month after completion of the offshore survey.
The most recent analyst rating on (GB:UOG) stock is a Hold with a £0.16 price target. To see the full list of analyst forecasts on United Oil & Gas Plc stock, see the GB:UOG Stock Forecast page.
United Oil & Gas has announced the mobilisation of the survey vessel R/V Gyre from Trinidad to Jamaica to undertake an offshore surface geochemical exploration survey on the Walton Morant Licence. The vessel is expected to arrive in Kingston within about a week, complete inspection and then begin operations around 27 January, starting with a multibeam echo sounder survey followed by heat flow measurements and seabed piston coring. Core samples will be sent to a US laboratory for detailed geochemical analysis, with preliminary data expected one to two months after fieldwork and final results around mid‑2026. By targeting seabed features such as pockmarks that may be associated with hydrocarbon seepage, the programme aims to confirm the presence of thermogenic hydrocarbons and provide direct evidence of an active petroleum system, which would materially de‑risk the licence’s 7.1 billion barrels of unrisked prospective resources and inform future exploration and strategic decisions in this key Jamaican basin.
The most recent analyst rating on (GB:UOG) stock is a Hold with a £0.13 price target. To see the full list of analyst forecasts on United Oil & Gas Plc stock, see the GB:UOG Stock Forecast page.
United Oil & Gas has extended the expiry dates of two large tranches of existing warrants, covering roughly 166.7 million warrants at £0.0028 and 320 million warrants at £0.0015 per share, from 31 December 2025 to 24 April 2026, with all other terms unchanged. The move is designed to align potential warrant exercises with key near-term operational milestones, notably an upcoming piston coring survey offshore Jamaica expected to deliver results in early Q1 2026, signalling the company’s intent to maintain financial flexibility and investor alignment as it advances its high-impact exploration and UK development portfolio.