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President Energy Fundamentals

Company Name President Petroleum Last Updated 22 Oct 2020
Industry Oil & Gas Sector Exploration & Production
Shares in Issue (m) 2,014.99 Market Cap (£m) 29.82
PE Ratio -0.19 Div per Share () 0.00
Div Yield 0.00 Div Cover 0.00
EPS -7.90 EPS Growth (%) -79,100.00
PEG 0.00 DPS Growth (%) n/a
Debt Ratio 30.70 Debt Equity Ratio 0.51
Net Gearing 45.74 Gross Gearing 46.48
Asset Equity Ratio 1.87 Cash Equity Ratio 1.40
Quick Ratio 0.27 Current Ratio 0.27
Price To Book Value 0.47 ROCE -101.32

President Energy Dividends

Type Ex-Date Pay Date Currency Net Dividend Year Total

President Energy Company Financials

Assets (£m) 2019 2018 2017
Tangible Assets 54 92 72
Intangible Assets 56 105 104
Investments 2 2 2
Total Fixed Assets 112 199 178
Stocks 0 0 0
Debtors 7 11 8
Cash & Equivalents 1 2 4
Other Assets 0 0 1
Total Assets 120 212 191
Liabilities (£m) 2019 2018 2017
Creditors within 1 year 27 28 21
Creditors after 1 year 28 38 25
Other Liabilities 0 0 0
Total Liabilities 56 65 45
Net assets 64 146 146
Equity (£m) 2019 2018 2017
Called up share capital 24 24 24
Share Premium 246 241 241
Profit / Loss -94 6 -13
Other Equity -43 -43 -43
Preference & Minorities 0 0 0
Total Capital Employed 64 146 146
Ratios 2019 2018 2017
Debt Ratio 30.70 20.46 14.44
Debt-to-Equity 0.51 0.58 0.54
Net Gearing 45.74 29.88 21.58
Gross Gearing 46.48 30.81 23.69
Assets / Equity 1.87 1.45 1.31
Cash / Equity 1.40 1.35 2.76
EPS -7.90 0.01 -0.90
Cash Flow (£m) 2019 2018 2017
Cash from operating activities 22 15 -7
Cashflow before financing 6 -9 -37
Increase in Cash -1 -2 -12
Income (£m) 2019 2018 2017
Turnover 41 47 18
Cost of sales 37 32 21
Gross Profit 4 15 -3
Operating Profit -1 11 -10
Pre-Tax profit -94 6 -13
Profit / Loss for the year 24 24 24

President Energy Company Background

Sector Exploration & Production
Activities President Energy plc (formerly President Petroleum Company plc, formerly Meridian Petroleum plc, formerly Meridian Petroleum Resources plc) is an oil and gas company primarily focused in Argentina, with a diverse portfolio of operated onshore producing and exploration assets. The Company has independently assessed 1P reserves in excess of 15 MMboe and 2P reserves of more than 27 MMboe. The Company has operated interests in the Puesto Flores and Estancia Vieja, Puesto Prado and Las Bases Concessions, Rio Negro Province, in the Neuquen Basin of Argentina and in the Puesto Guardian Concession, in the Noreste Basin in NW Argentina. The Company is focused on growing production in the near term in Argentina. Alongside this, President Energy has cash generative production assets in Louisiana, USA and further significant exploration and development opportunities through its acreage in Paraguay and Argentina.
Latest Interim Date 30 Sep 2019
Latest Fiscal Year End Date 22 Jun 2020

President Energy Directors

Appointed Director Position
2012-05-01 Peter Michael Levine Executive Chairman
2015-10-29 Robert James Shepherd Group Finance Director
2016-03-29 Jorge Dario Bongiovanni Non-Executive Director
2018-03-14 Alexander Charles Moody-Stuart Non-Executive Director

President Energy Contact Details

Company Name President Petroleum
Company Address 11 Hill Street, London W1J 5LF.
Company Telephone +44 (0)20 7016 7950
Company Website http://www.presidentenergyplc.com/

President Energy Advisors

Auditor Name Grant Thornton UK LLP
Auditor Address 30 Finsbury Square, London EC2P 2YU.
Auditor Website http://www.grant-thornton.co.uk/
Auditor Telephone +44 (0)20 7383 5100
Registrar Name Equiniti
Registrar Address Aspect House, Spencer Road, Lancing, West Sussex BN99 6DA.
Registrar Website http://www.equiniti.com/
Registrar Telephone 0871 384 2030
Broker Name RBC Capital Markets
Broker Address 71 Queen Victoria Street, London EC4V 4DE.
Broker Website http://www.rbccm.com/
Broker Telephone +44 (0)207 489 1188
Adviser Name RBC Capital Markets
Adviser Address 71 Queen Victoria Street, London EC4V 4DE.
Adviser Website http://www.rbccm.com/
Adviser Telephone +44 (0)207 489 1188
Solicitor Name Field Fisher Waterhouse LLP
Solicitor Address 35 Vine Street, London EC3N 2AA.
Solicitor Website http://www.ffw.com/
Solicitor Telephone +44 (0)20 7861 4000
Stockbroker Name Canaccord Genuity Limited
Stockbroker Address 88 Wood Street, London EC2V 7QR.
Stockbroker Website http://www.canaccordgenuity.com/
Stockbroker Telephone +44 (0)20 7523 8000