Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account.
Jump to:

Zenith Energy Fundamentals

Company Name Zenith Energy Last Updated 11 Aug 2020
Industry Oil & Gas Sector Exploration & Production
Shares in Issue (m) 942.07 Market Cap (£m) 5.94
PE Ratio -0.16 Div per Share () 0.00
Div Yield 0.00 Div Cover 0.00
EPS -4.00 EPS Growth (%) 42.86
PEG -0.00 DPS Growth (%) n/a
Debt Ratio 46.91 Debt Equity Ratio 0.97
Net Gearing 47.45 Gross Gearing 47.73
Asset Equity Ratio 1.91 Cash Equity Ratio 0.54
Quick Ratio 0.51 Current Ratio 0.52
Price To Book Value 0.01 ROCE -0.91

Zenith Energy Dividends

Type Ex-Date Pay Date Currency Net Dividend Year Total

Zenith Energy Company Financials

Assets (£m) 2019 2018
Tangible Assets 1,080 1,077
Intangible Assets 0 0
Investments 0 0
Total Fixed Assets 1,080 1,078
Stocks 0 0
Debtors 5 2
Cash & Equivalents 3 3
Other Assets 0 0
Total Assets 1,089 1,082
Liabilities (£m) 2019 2018
Creditors within 1 year 17 10
Creditors after 1 year 503 500
Other Liabilities 0 0
Total Liabilities 520 511
Net assets 569 572
Equity (£m) 2019 2018
Called up share capital 29 23
Share Premium 0 0
Profit / Loss -10 -10
Other Equity 5 4
Preference & Minorities 0 0
Total Capital Employed 569 572
Ratios 2019 2018
Debt Ratio 46.91 46.65
Debt-to-Equity 0.97 0.98
Net Gearing 47.45 46.94
Gross Gearing 47.73 47.17
Assets / Equity 1.91 1.89
Cash / Equity 0.54 0.44
EPS -4.00 -7.00
Cash Flow (£m) 2019 2018
Cash from operating activities -7 -0
Cashflow before financing -12 -6
Increase in Cash 1 -1
Income (£m) 2019 2018
Turnover 7 5
Cost of sales 7 7
Gross Profit -1 -2
Operating Profit -9 -9
Pre-Tax profit -10 -10
Profit / Loss for the year 29 23

Zenith Energy Company Background

Sector Exploration & Production
Activities Zenith Energy Ltd is an international oil and gas production company. The Company operates the largest onshore oilfield in Azerbaijan following the signing of a 25-year REDPSA, (Rehabilitation, Exploration, Development and Production Sharing Agreement), with SOCAR, State Oil Company of the Azerbaijan Republic, in 2016. The Company's primary focus is the development of its Azerbaijan operations by leveraging its technical expertise and financial resources to maximise low-cost oil production via a systematic field rehabilitation programme intended to achieve significantly increased revenue. Zenith also operates, or has working interests in, a number of natural gas production concessions in Italy. The Company's Italian operations produce natural gas, natural gas condensate and electricity. Zenith's development strategy is to identify and rapidly seize value-accretive hydrocarbon production opportunities in the onshore oil & gas sector. The Company's Board of Directors and senior management team have the experience and technical expertise to develop the Company successfully.
Latest Interim Date 15 Nov 2018
Latest Fiscal Year End Date 02 Jul 2019

Zenith Energy Directors

Appointed Director Position
2008-12-09 Andrea Cattaneo Chief Executive Officer
2008-12-24 Luigi Regis Milano Executive Director
2007-09-24 Jose Ramon Lopez-Portillo Non-Executive Chairman
2009-06-24 Dario Ezio Sodero Non-Executive Director
2011-03-22 Erik Sture Larre Non-Executive Director
2017-03-22 Saadallah Al-Fathi Non-Executive Director
2017-07-24 Sergey Borovskiy Non-Executive Director

Zenith Energy Contact Details

Company Name Zenith Energy
Company Address 15th Floor, Bankers Court, 850 – 2nd Street S.W., Calgary, Alberta T2P 0R8.
Company Telephone +1 587 315 9031
Company Website http://www.zenithenergy.ca/

Zenith Energy Advisors

Auditor Name Littlejohn
Auditor Address 1 Westferry Circus, Canary Wharf, London E14 4HD.
Auditor Website http://www.littlejohnfrazer.com/
Auditor Telephone +44 (0)20 7516 2200
Registrar Name Computershare Investor Service
Registrar Address The Pavillions, Bridgwater Road, Bristol BS99 1XZ.
Registrar Website http://www-uk.computershare.com/
Registrar Telephone 0870 702 0010
Broker Name Optiva Securities
Broker Address 2 Mill Street, London W1S 2AT.
Broker Website http://www.optivasecurities.com/
Broker Telephone +44 (0)20 3137 1902
Adviser Name n/a
Adviser Address n/a
Adviser Website n/a
Adviser Telephone n/a
Solicitor Name Dechert LLP
Solicitor Address 160 Queen Victoria Street, London, EC4V 4QQ.
Solicitor Website http://www.dechert.com/
Solicitor Telephone +44 (0)20 7184 7000
Stockbroker Name n/a
Stockbroker Address n/a
Stockbroker Website n/a
Stockbroker Telephone n/a