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Faroe Petroleum

FPM 72.25p -0.3  -0.3%
27/05/16 10.00k

Momentum
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1m
3m
1yr
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52w High
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market
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industry
Growth & Value
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Screens Passed
Balance Sheet · Income Statement · Cashflow Financial Summary
Year End 31st Dec 2010 2011 2012 2013 2014 2015 2016E 2017E CAGR / Avg
Revenue £m
Operating Profit £m
Net Profit £m
EPS Reported p
EPS Normalised p
EPS Growth %
PE Ratio x
PEG x
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ROE %
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Op. Cashflow ps p
Capex ps p
Free Cashflow ps p
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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 p -3.4%

FINANCIAL BRIEF: For the fiscal year ended 31 December 2015, Faroe Petroleum plc revenues decreased 12% to L113M. Net loss decreased 4% to L52.9M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Exploration and Development Costs, Total decrease of 36% to L89.5M, Exploration and evaluation expenses decrease of 36% to L89.5M (expense). more »

Health Trend
Bankruptcy Risk
  Earnings Manipulation Risk
Magic Formula Score
E+
E+
Other Ratios
Leverage (ttm) Total Ex Intang
Gross Gearing %
Net Gearing %
Cash / Assets %
vs.
market
vs.
industry
Recent History
Latest interim period (ended 31st Dec '15) vs. prior year
Sales Growth %
EPS Growth %
3yr Compound Annual Growth Rate
Sales Growth %
EPS Growth %
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Broker Forecasts
31st Dec 2016
31st Dec 2017

Price Target: 0.93
(+28.11% above Price)
Net Profit EPS DPS Net Profit EPS DPS
Est. Long Term Growth Rate: +19.0% (£) (p) (p) (£) (p) (p)
Consensus Estimate
1m Change
3m Change
11 brokers Broker Consensus Trend
Broker Recommendations for Faroe Petroleum
Recommendation:Strong SellSellHoldBuyStrong Buy
No. of Analysts: 0 0 4 6 5

Named Brokers and Analysts
Stifel Nicolaus and Company, Incorporated Dragan Trajkov , Jefferies Brendan Warn , Credit Suisse , Investec Bank (UK) Plc , Canaccord Genuity Charlie Sharp , GMP Securities Ltd. , FirstEnergy Capital Corp. Stephane Foucaud , Nomura Securities , Panmure Gordon Colin Smith , Numis Securities Thomas Martin , Peel Hunt Werner Riding , Edison Investment Research Peter Dupont , Macquarie Research Joe Stokeld , Pareto Securities AS Thomas Aarrestad , Stockdale Securities Mark Henderson , Clarksons Platou Securities AS (Norway) Jørgen Lande , Liberum Andrew Whittock , Cantor Fitzgerald Europe Sam Wahab , VSA Capital Ltd Marc Anis-Hanna ,

Profile Summary

Faroe Petroleum plc is an independent oil and gas company that is engaged in the exploration, appraisal and production opportunities in Norway and the United Kingdom. The Company has a portfolio of production assets, including Aerosmith-PL644, located approximately 20 kilometers from the Morvin and Smorbukk Fields in the province of the Norwegian Sea; Betula-PL670, located in the vicinity of the Jurassic Ula Field in the Central North Sea; Birnam-P1993, located in the north-east of the Perth Field; Caramello-PL665 S, located on the Sorvestlandet High in the Norwegian Southern North Sea; Firklover-PL676 S, located on the Viking Graben; Hyme Field-PL348, located in the southern part of the Norwegian Sea, and Samson Dome-PL534, covering approximately 900 square kilometers. It holds interest in approximately six principal producing oil and gas fields, including the Schooner, Ketch gas fields and Blane oil field in the United Kingdom, and Njord, Brage and Ringhorne East fields in Norway.

Directors: Graham Stewart (CEO) 55, Jonathan Cooper (CFO) 44, Helge Hammer (COO) , Julian Riddick (SEC) , John Bentley (NEC) 67, Timothy Read (NID) , Jorunn Saetre (NID) 57, Roger Witts (NID) ,

No. of Employees: 0 No. of Shareholders: n/a


Last Annual December 31st, 2015
Last Interim December 31st, 2015
Incorporated December 19, 2002
Public Since June 27, 2003
Shares in Issue 268,235,273
Free Float 207.7m (77.4%)
Sector Energy
Industry Oil & Gas
Index FTSE Aim All Share , FTSE Aim 100 ,
Exchange London Stock Exchange (AIM)
Eligible for an ISA? a SIPP?

FPM Share Price Performance FPMQuote
72.25p
-0.3  -0.3%
Traded 5:02pm · Minimum 15 min delayed · NMS: 10.00k

Latest FPM News Announcements (delayed)

Upcoming FPM Events
Tuesday 28th June, 2016
Faroe Petroleum PLC Annual Shareholders Meeting
Tuesday 20th September, 2016 (estimate)
Half Year 2016 Faroe Petroleum PLC Earnings Release

Recent ↓
Tuesday 24th May, 2016
Faroe Petroleum PLC Brasse Exploration Well Commences Drilling
Tuesday 29th March, 2016
Full Year 2015 Faroe Petroleum PLC Earnings Presentation
Tuesday 29th March, 2016
Full Year 2015 Faroe Petroleum PLC Earnings Release
Friday 5th February, 2016
Faroe Petroleum PLC Operational Update Call
Friday 5th February, 2016
Faroe Petroleum PLC Operational Update
Tuesday 3rd November, 2015
Faroe Petroleum PLC Operational Update
Wednesday 23rd September, 2015
Faroe Petroleum PLC Blink Exploration Well Commences Drilling
Tuesday 22nd September, 2015
Half Year 2015 Faroe Petroleum PLC Earnings Release
Wednesday 26th August, 2015
Faroe Petroleum PLC Portrush Exploration Well Commences Drilling
Thursday 25th June, 2015
Faroe Petroleum PLC Annual Shareholders Meeting
Wednesday 24th June, 2015
Faroe Petroleum PLC Operational and Drilling Update
Wednesday 20th May, 2015
Faroe Petroleum PLC Results of Bister Exploration Well
Tuesday 28th April, 2015
Faroe Petroleum PLC Bister Exploration Well Commences Drilling
Friday 10th April, 2015
Faroe Petroleum PLC Results of Skirne East (Shango) Exploration Well
Tuesday 24th March, 2015
Full Year 2014 Faroe Petroleum PLC Earnings Presentation (London)
Tuesday 24th March, 2015
Full Year 2014 Faroe Petroleum PLC Earnings Release
Monday 16th March, 2015
Faroe Petroleum PLC Shango Exploration Well Commences Drilling
Thursday 22nd January, 2015
Faroe Petroleum PLC Operational Update for the year ended 31 December 2014 Call
Thursday 22nd January, 2015
Faroe Petroleum PLC Operational Update for the year ended 31 December 2014
Monday 12th January, 2015
Faroe Petroleum PLC at Macquarie Explorers Conference


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