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Momentum
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52w High
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Growth & Value

Margin of Safety (beta)
Screens Passed 1
Balance Sheet · Income Statement · Cashflow Financial Summary
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Book Value ps p +10.5%

FINANCIAL BRIEF: For the six months ended 30 June 2014, Faroe Petroleum plc revenues decreased 40% to L53.5M. Net loss totaled L3.7M vs. income of L12.2M. Revenues reflect Oil Equivalent Production (Units/day), T decrease of 48% to 4K barrels per day. Net loss reflects Exploration and Development Costs, Total increase of 21% to L19.9M, Exploration and evaluation expenses increase of 21% to L19.9M (expense). more »

Health Trend

Bankruptcy Risk

  Earnings Manipulation Risk

Magic Formula Score
D-
D-

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Recent History
Latest interim period (ended 30th Jun '14) vs. prior year
Sales Growth %
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Broker Forecasts
31st Dec 2014
31st Dec 2015

Price Target: 170.1 (+87.01% above Price) Net Profit EPS DPS Net Profit EPS DPS
Est. Long Term Growth Rate: n/a (£) (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 3 5 9

Named Brokers and Analysts
Jefferies & Company, Inc. Brendan Warn , Credit Suisse Robert Mundy , Investec Bank (UK) Plc Alwyn Thomas , Canaccord Genuity Charlie Sharp , FirstEnergy Capital Corp. Stéphane Foucaud , Nomura Securities Theepan Jothilingam , Seymour Pierce , Panmure Gordon Colin Smith , Numis Securities Sanjeev Bahl , Peel Hunt Werner Riding , Edison Investment Research Peter Dupont , Macquarie Research David Farrell , Pareto Securities AS Thomas Aarrestad Tom Erik Kristiansen , Westhouse Securities Ltd. Jamal Orazbayeva , FinnCap , Matrix Corporate Capital LLP , Liberum Andrew Whittock , Cantor Fitzgerald Europe Sam Wahab , VSA Capital Ltd Marc Anis-Hanna ,

Faroe Petroleum plc is an independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic Margin, the North Sea and Norway. The Company’s portfolio consists of approximately 60 exploration, appraisal, development and production licenses in the Faroes, West of Shetland, the North Sea, Norwegian Sea, Barents Sea and offshore Iceland. The Company has four principal producing interests in the United Kingdom and Norway, including interests in the Blane oil field and Schooner gas field in the United Kingdom, and interests in the producing Njord, Brage and Ringhorne East fields in Norway. The Company’s subsidiaries include Faroe Petroleum (UK) Limited, Faroe Petroleum Norge AS, Faroe Petroleum Norge AS, Faroe Petroleum (Energy) Limited, Greenland Oil Company AS, Faroe Petroleum SIP Employment Benefit Trust Limited and Faroe Petroleum Employment Benefit Trust Limited.

Directors: Graham Stewart (CEO) 54, Jonathan Cooper (CFO) 43, Helge Hammer (COO) , Julian Riddick (SEC) , John Bentley (NEC) 66, Timothy Read (NID) 65, Jorunn Saetre (NID) 57, Roger Witts (NID) ,

No. of Employees: 40 No. of Shareholders: 0


Last Annual December 31st, 2013
Last Interim June 30th, 2014
Shares in Issue 267,006,992
Free Float 207.3m (77.6%)
Sector Energy
Industry Oil & Gas
Index FTSE Intl-aim All Share , FTSE Intl-aim 100 , FTSE Intl-aim UK 50 ,
Exchange London Stock Exchange (AIM)
Eligible for an ISA? a SIPP?

FPM Share Price Performance FPM Quote
92.75p
1.8  1.9%
Traded 5:10pm · Minimum 15 min delayed · NMS: 3.00k

Latest FPM News Announcements (delayed)

Upcoming FPM Events
Monday 23rd March, 2015 (estimate)
Full Year 2014 Faroe Petroleum PLC Earnings Release
Tuesday 30th June, 2015 (estimate)
Faroe Petroleum PLC Annual Shareholders Meeting

Recent ↓
Tuesday 21st October, 2014
Faroe Petroleum PLC Sell-Side Investment Analyst Site Visit
Tuesday 23rd September, 2014
Half Year 2014 Faroe Petroleum PLC Earnings Call
Tuesday 23rd September, 2014
Half Year 2014 Faroe Petroleum PLC Earnings Release
Friday 11th July, 2014
Faroe Petroleum PLC Bue Oil Discovery and Pil Resources Range Update
Monday 7th July, 2014
Faroe Petroleum PLC Butch South West Exploration Well Results
Monday 30th June, 2014
Faroe Petroleum PLC Annual Shareholders Meeting
Monday 2nd June, 2014
Faroe Petroleum PLC Butch South West Well Commences Drilling
Monday 12th May, 2014
Faroe Petroleum PLC Butch East Exploration Well Results
Thursday 10th April, 2014
Faroe Petroleum PLC Successful Drill Stem Test
Tuesday 1st April, 2014
Faroe Petroleum PLC at Bank of America Merrill Lynch Oil & Gas 1-1 Investor Forum


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