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Momentum
Relative Strength (%)
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3m
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52w High
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Balance Sheet · Income Statement · Cashflow Financial Summary
Year End 31st Dec 2009 2010 2011 2012 2013 2014 2015E 2016E CAGR / Avg
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Operating Profit $m
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Cash etc $m
Working Capital $m
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Net Debt $m
Book Value $m
Average Shares m
Book Value ps $ -20.1%

FINANCIAL BRIEF: For the fiscal year ended 31 December 2014, Afren Plc revenues decreased 42% to $945.8M. Net loss before extraordinary items totaled $1.62B vs. income of $478.3M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net loss reflects Kurdistan region of Iraq segment loss increase from $3M to $1.22B, Nigeria and other West Africa segment loss totaling $327.6M vs. income of $593.3M. more »

Health Trend
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  Earnings Manipulation Risk
Magic Formula Score
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Gross Gearing %
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market
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industry
Recent History
Latest interim period (ended 31st Dec '14) vs. prior year
Sales Growth %
EPS Growth %
3yr Compound Annual Growth Rate
Sales Growth %
EPS Growth %
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Broker Forecasts
31st Dec 2015
31st Dec 2016

Price Target: $0.18
(+243.41% above Price)
Net Profit EPS DPS Net Profit EPS DPS
Est. Long Term Growth Rate: -50.9% ($) (¢) (¢) ($) (¢) (¢)
Consensus Estimate
1m Change
3m Change
7 brokers Broker Consensus Trend
Broker Recommendations for Afren
Recommendation:Strong SellSellHoldBuyStrong Buy
No. of Analysts: 3 4 1 0 0

Named Brokers and Analysts
Stifel Nicolaus and Company, Incorporated Robin Haworth Barry Leaper Dragan Trajkov , Credit Suisse Robert Mundy , Investec Bank (UK) Plc Brian Gallagher , Canaccord Genuity Charlie Sharp , FirstEnergy Capital Corp. Stephane Foucaud , Renaissance Capital Ildar Davletshin , Nomura Securities Theepan Jothilingam , N+1 Brewin , Mirabaud Securities Tim Hurst-Brown James Midgley , Macquarie Research Kate Sloan , UniCredit Research Kofi Osafo-maafo , Merrion Stockbrokers Muna Muleya , Westhouse Securities Ltd. Mark Henderson , N+1 Singer , FinnCap , Global Hunter Securities, LLC Michael Kelly , Liberum Andrew Whittock , TUDOR PICKERING & CO. SEC , VSA Capital Ltd Marc Anis-Hanna ,

Profile Summary

Afren plc is an independent upstream exploration and production (E&P) company. The Company’s South Africa’s Block 2B is located in the Orange River Basin, an offshore shallow water area lying between the Ibhubesi gas field and the Namaqualand coast, which covers an area of approximately 5,000 square kilometers. Its areas A and B are in the Seychelles microcontinent, which is located in the northern half of the Seychelles plateau and covers a combined area of approximately 14,319 square kilometers. It has interests in Nigeria, which includes Ebok, Okoro Setu, OML 26, OPL 310, OML 113, Okwok and OML 115. Ethiopia’s Block 8 is located in the Ogaden Basin. Madagascar’s Block 1101 is located on the eastern flank of the Ambilobe Basin, onshore northern Madagascar, covers an area of approximately 14,900 square kilometers.

Directors: Egbert Imomoh (CHM) , Toby Hayward (CEO) , Darra Comyn (FID) , Elekwachi Ukwu (SEC) , Peter Bingham (NID) , Sheree Bryant (NID) , Iain McLaren (NID) 64, Patrick Obath (NID) 60, John St. John (NID) ,

No. of Employees: 439 No. of Shareholders: n/a


Last Annual December 31st, 2014
Last Interim December 31st, 2014
Shares in Issue 1,107,561,524
Free Float 958.0m (86.5%)
Sector Energy
Industry Oil & Gas
Index FTSE All Share , FTSE All Share Resources , FTSE All Share Oil & Gas , FTSE Small Cap , FTSE Smallcap Ex Investment Trusts ,
Exchange London Stock Exchange (Full)
Eligible for an ISA? a SIPP?

AFR Share Price Performance AFRQuote
3.2p
0.1  1.9%
Traded 4:35pm · Minimum 15 min delayed · NMS: 75.0k

Latest AFR News Announcements (delayed)

Upcoming AFR Events
Thursday 25th June, 2015
Afren PLC Annual Shareholders Meeting
Monday 24th August, 2015 (estimate)
Half Year 2015 Afren PLC Earnings Release
Monday 26th October, 2015 (estimate)
Afren PLC Interim Management Statement Release

Recent ↓
Monday 18th May, 2015 (estimate)
Afren PLC Interim Management Statement Release
Thursday 30th April, 2015
Full Year 2014 Afren PLC Earnings Release
Thursday 30th April, 2015
Afren PLC Trading Statement Release
Friday 13th March, 2015
Afren PLC Trading Statement Release & Operations Update
Monday 12th January, 2015
Afren PLC at Macquarie Explorers Conference
Tuesday 16th December, 2014
Afren PLC Drilling Report
Tuesday 18th November, 2014
Afren PLC at Bank of America Merrill Lynch MENA & Frontier Markets Conference - Dubai
Tuesday 11th November, 2014
Afren PLC Nigerian Operations Update
Thursday 30th October, 2014
Q3 2014 Afren PLC Interim Management Statement Release
Tuesday 23rd September, 2014
Afren PLC at JPMorgan Asia & CEEMEA Emerging Markets Corporate Conference


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