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Momentum
Relative Strength (%)
1m
3m
1yr
Volume Change (%)
10d v 3m
Price vs... (%)
52w High
50d MA
200d MA
vs.
market
vs.
industry
Growth & Value
Margin of Safety (beta)
Screens Passed
Balance Sheet · Income Statement · Cashflow Financial Summary
Year End 31st Dec 2009 2010 2011 2012 2013 2014 TTM 2015E 2016E CAGR / Avg
Revenue $m
Operating Profit $m
Net Profit $m
EPS Reported $
EPS Normalised $
EPS Growth %
PE Ratio x
PEG x
Profitability
Operating Margin %
ROA %
ROCE %
ROE %
Cashflow
Op. Cashflow ps $
Capex ps $
Free Cashflow ps $
Dividends
Dividend ps $
Dividend Growth %
Dividend Yield %
Dividend Cover x
Balance Sheet
Cash etc $m
Working Capital $m
Net Fixed Assets $m
Net Debt $m
Book Value $m
Average Shares m
Book Value ps $ -20.1%

FINANCIAL BRIEF: For the three months ended 31 March 2015, Afren Plc revenues decreased 52% to $130.3M. Net loss totaled $52M vs. income of $74.3M. Revenues reflect Oil Equivalent Production/day- Okoro decrease of 4% to 8K barrels per day. Net loss reflects Nigeria and other West Africa segment income decrease of 76% to $19.1M, Unallocated segment loss increase from $3.8M to $26.5M. more »

Health Trend
Bankruptcy Risk
  Earnings Manipulation Risk
Magic Formula Score  
Other Ratios
Leverage (ttm) Total Ex Intang
Gross Gearing %
Net Gearing %
Cash / Assets %
vs.
market
vs.
industry
Recent History
Latest interim period (ended 31st Mar '15) vs. prior year
Sales Growth %
EPS Growth %
3yr Compound Annual Growth Rate
Sales Growth %
EPS Growth %
DPS Growth %

Broker Forecasts
31st Dec 2015
31st Dec 2016

Price Target: $0.16
(+456.91% above Price)
Net Profit EPS DPS Net Profit EPS DPS
Est. Long Term Growth Rate: -50.9% ($) (¢) (¢) ($) (¢) (¢)
Consensus Estimate
1m Change
3m Change
5 brokers Broker Consensus Trend
Broker Recommendations for Afren
Recommendation:Strong SellSellHoldBuyStrong Buy
No. of Analysts: 3 3 1 0 0

Named Brokers and Analysts
Stifel Nicolaus and Company, Incorporated 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: Alan Linn (CEO) , Darra Comyn (FID) , David Thomas (COO) 55, Elekwachi Ukwu (SEC) , David Frauman (NEC) ,

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


Last Annual December 31st, 2014
Last Interim March 31st, 2015
Incorporated December 3, 2004
Public Since March 14, 2005
Shares in Issue 1,107,560,524
Free Float 967.2m (87.3%)
Sector Energy
Industry Oil & Gas
Index FTSE Fledgling ,
Exchange London Stock Exchange (Full)
Eligible for an ISA? a SIPP?

AFR Share Price Performance AFRQuote
1.79p
0.0  0.0%
Traded 4:28pm · Minimum 15 min delayed · NMS: 75.0k

Latest AFR News Announcements (delayed)

Upcoming AFR Events
Monday 24th August, 2015 (estimate)
Half Year 2015 Afren PLC Earnings Release
Monday 26th October, 2015 (estimate)
Afren PLC Interim Management Statement Release

Recent ↓
Wednesday 15th July, 2015
Afren PLC Operational & Financial Update
Thursday 25th June, 2015
Afren PLC Annual Shareholders Meeting
Friday 29th May, 2015
Afren PLC Interim Management Statement Release
Thursday 30th April, 2015
Afren PLC Trading Statement Release
Thursday 30th April, 2015
Full Year 2014 Afren PLC Earnings 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
Friday 29th August, 2014
Half Year 2014 Afren PLC Earnings Presentation
Friday 29th August, 2014
Half Year 2014 Afren PLC Earnings Release
Friday 8th August, 2014
Afren PLC Operations Update at Barda Rash, Kurdistan
Wednesday 4th June, 2014
Afren PLC Annual General Meeting
Tuesday 20th May, 2014
Afren PLC Q1 Interim Management Statement
Tuesday 13th May, 2014
Afren Plc at Citi Global Energy and Utilities Conference


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