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Nostrum Oil & Gas

DB:3NO
Snowflake Description

Fair value with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
3NO
DB
£10M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Nostrum Oil & Gas PLC, an independent oil and gas exploration company, engages in the exploration, development, and production of oil and gas in the pre-Caspian Basin. The last earnings update was 133 days ago. More info.


Add to Portfolio Compare Print
  • Nostrum Oil & Gas has significant price volatility in the past 3 months.
3NO Share Price and Events
7 Day Returns
5.8%
DB:3NO
18.1%
DE Oil and Gas
7.3%
DE Market
1 Year Returns
-96.1%
DB:3NO
21.9%
DE Oil and Gas
-17.7%
DE Market
3NO Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Nostrum Oil & Gas (3NO) 5.8% -65.3% -76% -96.1% - -
DE Oil and Gas 18.1% -15.9% -28.7% 21.9% -25.6% 137.4%
DE Market 7.3% -17.9% -25.8% -17.7% -25.6% -29%
1 Year Return vs Industry and Market
  • 3NO underperformed the Oil and Gas industry which returned 21.9% over the past year.
  • 3NO underperformed the Market in Germany which returned -17.7% over the past year.
Price Volatility
3NO
Industry
5yr Volatility vs Market

Value

 Is Nostrum Oil & Gas undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Nostrum Oil & Gas to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Nostrum Oil & Gas.

DB:3NO Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 4 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 11.8%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:3NO
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 6.1%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.81
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.808 (1 + (1- 19%) (9559.37%))
42.791
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (2 * 6.07%)
11.75%

Discounted Cash Flow Calculation for DB:3NO using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Nostrum Oil & Gas is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:3NO DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 11.75%)
2020 42.85 Analyst x2 38.34
2021 29.20 Est @ -31.85% 23.38
2022 22.66 Est @ -22.41% 16.23
2023 19.08 Est @ -15.81% 12.23
2024 16.94 Est @ -11.18% 9.72
2025 15.60 Est @ -7.94% 8.01
2026 14.71 Est @ -5.68% 6.76
2027 14.11 Est @ -4.09% 5.80
2028 13.69 Est @ -2.98% 5.04
2029 13.39 Est @ -2.2% 4.41
Present value of next 10 years cash flows $129.00
DB:3NO DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $13.39 × (1 + -0.39%) ÷ (11.75% – -0.39%)
$109.84
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $109.84 ÷ (1 + 11.75%)10
$36.16
DB:3NO Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $129.00 + $36.16
$165.16
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $165.16 / 185.23
$0.89
DB:3NO Discount to Share Price
Calculation Result
Exchange Rate USD/GBP
(Reporting currency to currency of LSE:NOG)
0.806
Value per Share
(GBP)
= Value per Share in USD x Exchange Rate (USD/GBP)
= $0.89 x 0.806
£0.72
Non-primary Listing Adjustment Factor 1 share in DB:3NO represents 0.81286x of LSE:NOG
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.81286x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (GBP) x Listing Adjustment Factor
= £ 0.72 x 0.81286
€0.58
Value per share (EUR) From above. €0.58
Current discount Discount to share price of €0.04
= -1 x (€0.04 - €0.58) / €0.58
92.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Nostrum Oil & Gas is available for.
Intrinsic value
>50%
Share price is €0.0417 vs Future cash flow value of €0.58425
Current Discount Checks
For Nostrum Oil & Gas to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Nostrum Oil & Gas's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Nostrum Oil & Gas's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Nostrum Oil & Gas's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Nostrum Oil & Gas's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:3NO PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $-0.70
LSE:NOG Share Price ** LSE (2020-03-30) in GBP £0.05
LSE:NOG Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.241 $0.06
Europe Oil and Gas Industry PE Ratio Median Figure of 105 Publicly-Listed Oil and Gas Companies 5.67x
Germany Market PE Ratio Median Figure of 400 Publicly-Listed Companies 16.36x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Nostrum Oil & Gas.

DB:3NO PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= LSE:NOG Share Price ÷ EPS (both in USD)

= 0.06 ÷ -0.70

-0.09x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Nostrum Oil & Gas is loss making, we can't compare its value to the Europe Oil and Gas industry average.
  • Nostrum Oil & Gas is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Nostrum Oil & Gas's expected growth come at a high price?
Raw Data
DB:3NO PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.09x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
109.5%per year
Europe Oil and Gas Industry PEG Ratio Median Figure of 65 Publicly-Listed Oil and Gas Companies 0.17x
Germany Market PEG Ratio Median Figure of 254 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Nostrum Oil & Gas, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Nostrum Oil & Gas's assets?
Raw Data
DB:3NO PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $3.03
LSE:NOG Share Price * LSE (2020-03-30) in GBP £0.05
LSE:NOG Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.241 $0.06
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 0.94x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.43x
DB:3NO PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= LSE:NOG Share Price ÷ Book Value per Share (both in USD)

= 0.06 ÷ 3.03

0.02x

* Primary Listing of Nostrum Oil & Gas.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Nostrum Oil & Gas is good value based on assets compared to the DE Oil and Gas industry average.
X
Value checks
We assess Nostrum Oil & Gas's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Nostrum Oil & Gas has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Nostrum Oil & Gas expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
109.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Nostrum Oil & Gas expected to grow at an attractive rate?
  • Nostrum Oil & Gas's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Nostrum Oil & Gas's earnings growth is expected to exceed the Germany market average.
  • Nostrum Oil & Gas's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:3NO Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:3NO Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 109.5%
DB:3NO Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts -7.2%
Europe Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 13%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.3%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:3NO Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:3NO Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-12-31 206 101 1
2023-12-31 228 114 1
2022-12-31 254 129 1
2021-12-31 288 145 26 3
2020-12-31 268 139 6 4
2020-03-31
2019-12-31 323 174 11 1
DB:3NO Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 329 223 -130
2019-06-30 373 231 -113
2019-03-31 391 200 -118
2018-12-31 390 214 -121
2018-09-30 413 202 13
2018-06-30 387 166 -39
2018-03-31 388 171 -34
2017-12-31 406 183 -24
2017-09-30 407 201 -43
2017-06-30 395 240 -14
2017-03-31 386 243 -57
2016-12-31 348 202 -83

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Nostrum Oil & Gas's earnings are expected to grow significantly at over 20% yearly.
  • Nostrum Oil & Gas's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:3NO Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from Nostrum Oil & Gas Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:3NO Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31
2021-12-31 -0.01 0.14 -0.15 2.00
2020-12-31 0.03 0.03 0.03 1.00
2020-03-31
2019-12-31 0.06 0.06 0.06 1.00
DB:3NO Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 -0.70
2019-06-30 -0.61
2019-03-31 -0.64
2018-12-31 -0.65
2018-09-30 0.07
2018-06-30 -0.21
2018-03-31 -0.18
2017-12-31 -0.13
2017-09-30 -0.23
2017-06-30 -0.07
2017-03-31 -0.31
2016-12-31 -0.45

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Nostrum Oil & Gas will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Nostrum Oil & Gas's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Nostrum Oil & Gas has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Nostrum Oil & Gas performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Nostrum Oil & Gas's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Nostrum Oil & Gas does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Nostrum Oil & Gas's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Nostrum Oil & Gas's 1-year growth to the Europe Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Nostrum Oil & Gas's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Nostrum Oil & Gas Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:3NO Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 328.86 -129.65 64.05
2019-06-30 372.62 -112.68 67.32
2019-03-31 390.61 -118.43 71.29
2018-12-31 389.93 -120.70 70.88
2018-09-30 413.23 13.17 77.30
2018-06-30 387.01 -39.21 80.88
2018-03-31 388.43 -33.99 91.76
2017-12-31 405.53 -23.88 97.65
2017-09-30 406.63 -43.37 106.32
2017-06-30 394.55 -13.78 110.06
2017-03-31 385.93 -56.97 111.14
2016-12-31 347.98 -83.02 110.34
2016-09-30 319.20 -140.90 110.67
2016-06-30 338.31 -165.42 114.28
2016-03-31 422.48 -105.40 127.37
2015-12-31 448.90 -94.37 139.78
2015-09-30 536.38 20.08 144.36
2015-06-30 610.95 69.90 157.59
2015-03-31 655.27 87.24 167.94
2014-12-31 781.88 146.43 173.03
2014-09-30 858.09 166.38 183.98
2014-06-30 897.49 199.58 187.41
2014-03-31 893.44 211.52 179.13
2013-12-31 895.01 219.52 177.28
2013-09-30 871.01 186.54 194.07
2013-06-30 856.16 187.06 176.68

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Nostrum Oil & Gas has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Nostrum Oil & Gas has efficiently used its assets last year compared to the Europe Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Nostrum Oil & Gas improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Nostrum Oil & Gas's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Nostrum Oil & Gas has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Nostrum Oil & Gas's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Nostrum Oil & Gas's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Nostrum Oil & Gas is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Nostrum Oil & Gas's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Nostrum Oil & Gas's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Nostrum Oil & Gas Company Filings, last reported 6 months ago.

DB:3NO Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 561.63 1,112.97 91.28
2019-06-30 563.03 1,132.84 120.83
2019-03-31 562.76 1,109.72 75.66
2018-12-31 557.00 1,129.60 121.75
2018-09-30 689.65 1,107.45 95.50
2018-06-30 675.98 1,127.06 127.64
2018-03-31 681.51 1,103.34 132.26
2017-12-31 669.55 1,087.07 126.95
2017-09-30 684.89 1,056.13 144.39
2017-06-30 706.83 960.95 97.52
2017-03-31 706.52 963.07 122.77
2016-12-31 691.81 957.87 101.13
2016-09-30 709.62 959.77 94.31
2016-06-30 718.02 954.57 111.88
2016-03-31 761.39 956.69 137.10
2015-12-31 773.76 951.49 165.56
2015-09-30 850.86 953.39 213.58
2015-06-30 883.84 948.19 238.06
2015-03-31 916.40 950.31 318.34
2014-12-31 917.68 945.11 400.44
2014-09-30 880.19 947.01 515.50
2014-06-30 860.80 941.81 458.22
2014-03-31 891.36 1,045.14 638.64
2013-12-31 832.45 628.42 209.91
2013-09-30 780.83 639.04 190.82
2013-06-30 741.20 625.67 270.38
  • Nostrum Oil & Gas's level of debt (198.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (107.5% vs 198.2% today).
  • Debt is well covered by operating cash flow (20%, greater than 20% of total debt).
  • Unable to confirm if the interest payments on Nostrum Oil & Gas's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Nostrum Oil & Gas's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Nostrum Oil & Gas has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Nostrum Oil & Gas's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Nostrum Oil & Gas dividends. Estimated to be 0% next year.
If you bought €2,000 of Nostrum Oil & Gas shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Nostrum Oil & Gas's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Nostrum Oil & Gas's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:3NO Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
Europe Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 68 Stocks 9.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 323 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 1%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:3NO Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31
2021-12-31 0.00 2.00
2020-12-31 0.00 2.00
2020-03-31
2019-12-31 0.00 2.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Nostrum Oil & Gas has not reported any payouts.
  • Unable to verify if Nostrum Oil & Gas's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Nostrum Oil & Gas's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Nostrum Oil & Gas has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Nostrum Oil & Gas's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Nostrum Oil & Gas's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Nostrum Oil & Gas afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Nostrum Oil & Gas has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Nostrum Oil & Gas's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Kaat Van Hecke
COMPENSATION $100,000
AGE 48
TENURE AS CEO 0.3 years
CEO Bio

Ms. Kaat Van Hecke serves as Chief Executive Officer of Nostrum Oil & Gas PLC since December 16, 2019. Ms. Van Hecke has been an Independent Non-Executive Director of Nostrum Oil & Gas Plc since December 31, 2016. Ms. Van Hecke has experience in the petrochemical and upstream oil business. She served a variety of positions with ExxonMobil, Shell and Österreichische Mineralölverwaltung (OMV) in Austria, Russia, Nigeria, The Netherlands and Belgium the most recent of which was as Managing Director and Senior Vice President heading up OMV's Austrian upstream business. Ms. Van Hecke obtained a Master of Science degree in Chemical Engineering from the University of Ghent in Belgium. She also holds an MBA from the Vlerick Management School, Belgium.

CEO Compensation
  • Kaat's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Kaat's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Nostrum Oil & Gas management team in years:

3
Average Tenure
55
Average Age
  • The tenure for the Nostrum Oil & Gas management team is about average.
Management Team

Atul Gupta

TITLE
Executive Chairman
COMPENSATION
$574K
AGE
60
TENURE
1.3 yrs

Kaat Van Hecke

TITLE
CEO & Director
COMPENSATION
$100K
AGE
48
TENURE
0.3 yrs

Tom Richardson

TITLE
CFO & Director
COMPENSATION
$553K
AGE
38
TENURE
3.4 yrs

Robert Tinkhof

TITLE
Chief Operating Officer
TENURE
1 yrs

Bruno Meere

TITLE
Investor Relation Officer

Thomas Hartnett

TITLE
Chief Legal Officer & Company Secretary
AGE
55
TENURE
3 yrs

Sergey Khafizov

TITLE
Chief Business Development Officer
AGE
54
TENURE
4.2 yrs

Arkadi Epifanov

TITLE
Chief Commercial Officer
AGE
62
TENURE
3.2 yrs

Daulet Tulegenov

TITLE
Head of QHSE Department
TENURE
1.4 yrs

Jan-Ru Muller

TITLE
Director Treasury & ICT
COMPENSATION
$544K
AGE
55
TENURE
3.4 yrs
Board of Directors Tenure

Average tenure and age of the Nostrum Oil & Gas board of directors in years:

2.8
Average Tenure
52
Average Age
  • The average tenure for the Nostrum Oil & Gas board of directors is less than 3 years, this suggests a new board.
Board of Directors

Atul Gupta

TITLE
Executive Chairman
COMPENSATION
$574K
AGE
60
TENURE
2.8 yrs

Kaat Van Hecke

TITLE
CEO & Director
COMPENSATION
$100K
AGE
48
TENURE
3.3 yrs

Tom Richardson

TITLE
CFO & Director
COMPENSATION
$553K
AGE
38
TENURE
3.4 yrs

Mark Martin

TITLE
Senior Independent Non-Executive Director
COMPENSATION
$130K
AGE
50
TENURE
3.3 yrs

Christopher Codrington

TITLE
Independent Non-Executive Director
COMPENSATION
$120K
AGE
59
TENURE
5.8 yrs

Martin Cocker

TITLE
Interim CFO & Director
COMPENSATION
$100K
AGE
60
TENURE
2.3 yrs

Mike Calvey

TITLE
Non-Executive Director
COMPENSATION
$100K
AGE
52
TENURE
2.8 yrs

Simon Byrne

TITLE
Non-Executive Director
COMPENSATION
$100K
AGE
52
TENURE
2.3 yrs

Pankaj Jain

TITLE
Non Executive Director
COMPENSATION
$87K
AGE
52
TENURE
2.3 yrs

Tav Tavakolian

TITLE
Alternate Director
AGE
51
TENURE
1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
23. Mar 20 Sell Eaton Vance Management Company 20. Mar 20 20. Mar 20 -368,390 €0.04 €-14,193
27. Jan 20 Sell Standard Life Aberdeen plc Company 24. Jan 20 24. Jan 20 -7,781,226 €0.12 €-968,467
27. Jan 20 Sell Aberforth Partners LLP Company 24. Jan 20 24. Jan 20 -18,680,963 €0.12 €-2,325,173
27. Jan 20 Sell M&G Investment Management Limited Company 24. Jan 20 24. Jan 20 -8,820,675 €0.12 €-1,097,839
27. Jan 20 Buy Icu Investment Management Ltd. Company 24. Jan 20 24. Jan 20 2,055,323 €0.12 €255,795
24. Jan 20 Sell Aberforth Partners LLP Company 23. Jan 20 23. Jan 20 -220,000 €0.14 €-30,399
24. Jan 20 Sell M&G Investment Management Limited Company 23. Jan 20 23. Jan 20 -150,000 €0.13 €-19,324
24. Jan 20 Sell Standard Life Aberdeen plc Company 23. Jan 20 23. Jan 20 -220,000 €0.14 €-30,040
23. Jan 20 Sell Aberforth Partners LLP Company 22. Jan 20 22. Jan 20 -290,000 €0.16 €-46,327
23. Jan 20 Sell Standard Life Aberdeen plc Company 22. Jan 20 22. Jan 20 -790,000 €0.18 €-144,161
08. Jan 20 Buy Aberforth Partners LLP Company 07. Jan 20 07. Jan 20 40,000 €0.21 €8,238
08. Jan 20 Sell Majedie Asset Management Limited Company 07. Jan 20 07. Jan 20 -4,563,796 €0.20 €-913,707
08. Jan 20 Buy Icu Investment Management Ltd. Company 07. Jan 20 07. Jan 20 659,259 €0.20 €131,989
06. Jan 20 Sell Majedie Asset Management Limited Company 03. Jan 20 03. Jan 20 -15,000 €0.20 €-2,988
19. Dec 19 Sell Majedie Asset Management Limited Company 18. Dec 19 18. Dec 19 -603,074 €0.19 €-111,724
20. Dec 19 Sell Majedie Asset Management Limited Company 19. Dec 19 19. Dec 19 -518,130 €0.19 €-99,808
11. Dec 19 Sell Aberforth Partners LLP Company 10. Dec 19 10. Dec 19 -224,062 €0.22 €-48,781
17. Dec 19 Sell Majedie Asset Management Limited Company 16. Dec 19 16. Dec 19 -201,624 €0.19 €-37,384
12. Dec 19 Sell Aberforth Partners LLP Company 11. Dec 19 11. Dec 19 -520,118 €0.22 €-111,892
10. Dec 19 Sell Aberforth Partners LLP Company 09. Dec 19 09. Dec 19 -427,400 €0.23 €-98,909
05. Dec 19 Sell Aberforth Partners LLP Company 04. Dec 19 04. Dec 19 -159,500 €0.23 €-36,175
09. Dec 19 Sell Aberforth Partners LLP Company 06. Dec 19 06. Dec 19 -33,384 €0.22 €-7,283
04. Dec 19 Sell Aberforth Partners LLP Company 03. Dec 19 03. Dec 19 -78,906 €0.23 €-18,014
20. Nov 19 Buy Icu Investment Management Ltd. Company 19. Nov 19 19. Nov 19 163,539 €0.25 €38,623
15. Nov 19 Sell Majedie Asset Management Limited Company 14. Nov 19 14. Nov 19 -330,313 €0.23 €-77,486
30. Oct 19 Buy Icu Investment Management Ltd. Company 29. Oct 19 29. Oct 19 677,202 €0.31 €183,696
23. Oct 19 Buy Hemisphere Fund Managers Limited Company 22. Oct 19 22. Oct 19 56,145 €0.35 €19,582
21. Oct 19 Buy Hemisphere Fund Managers Limited Company 18. Oct 19 18. Oct 19 219,941 €0.27 €59,471
22. Oct 19 Buy Hemisphere Fund Managers Limited Company 21. Oct 19 21. Oct 19 426,552 €0.31 €132,680
17. Oct 19 Buy Hemisphere Fund Managers Limited Company 17. Oct 19 17. Oct 19 629,330 €0.25 €158,685
16. Oct 19 Buy Hemisphere Fund Managers Limited Company 11. Oct 19 11. Oct 19 3,751,054 €0.09 €334,548
16. Oct 19 Buy Hemisphere Fund Managers Limited Company 16. Oct 19 16. Oct 19 510,700 €0.23 €117,301
16. Oct 19 Buy Hemisphere Fund Managers Limited Company 15. Oct 19 15. Oct 19 947,404 €0.18 €167,351
16. Oct 19 Buy Hemisphere Fund Managers Limited Company 14. Oct 19 14. Oct 19 194,857 €0.12 €22,461
17. Oct 19 Buy Icu Investment Management Ltd. Company 10. Sep 19 10. Sep 19 1,978,449 €0.23 €464,472
17. Oct 19 Buy Icu Investment Management Ltd. Company 09. Sep 19 09. Sep 19 21,551 €0.23 €5,028
07. Oct 19 Sell Eaton Vance Management Company 23. Aug 19 23. Aug 19 -45,531 €0.29 €-13,412
07. Oct 19 Sell Eaton Vance Management Company 27. Aug 19 27. Aug 19 -39,187 €0.28 €-10,841
07. Oct 19 Sell Eaton Vance Management Company 22. Aug 19 22. Aug 19 -26,238 €0.31 €-8,249
07. Oct 19 Sell Eaton Vance Management Company 21. Aug 19 21. Aug 19 -104,290 €0.30 €-31,720
14. Oct 19 Sell Standard Life Aberdeen plc Company 11. Oct 19 11. Oct 19 -2,169,677 €0.07 €-156,900
09. Oct 19 Sell Standard Life Aberdeen plc Company 08. Oct 19 08. Oct 19 -133,816 €0.13 €-17,003
08. Oct 19 Sell Standard Life Aberdeen plc Company 07. Oct 19 07. Oct 19 -122,145 €0.13 €-15,468
07. Oct 19 Sell Standard Life Aberdeen plc Company 04. Oct 19 04. Oct 19 -22,078 €0.13 €-2,921
03. Oct 19 Sell Standard Life Aberdeen plc Company 02. Oct 19 02. Oct 19 -168,008 €0.14 €-23,596
04. Oct 19 Sell Standard Life Aberdeen plc Company 03. Oct 19 03. Oct 19 -80,000 €0.14 €-10,922
02. Oct 19 Sell Standard Life Aberdeen plc Company 01. Oct 19 01. Oct 19 -150,000 €0.14 €-21,184
01. Oct 19 Sell Standard Life Aberdeen plc Company 30. Sep 19 30. Sep 19 -160,384 €0.15 €-23,519
30. Sep 19 Sell Standard Life Aberdeen plc Company 27. Sep 19 27. Sep 19 -54,365 €0.15 €-8,072
19. Sep 19 Sell Aberforth Partners LLP Company 18. Sep 19 18. Sep 19 -355,168 €0.17 €-60,668
18. Sep 19 Sell Majedie Asset Management Limited Company 17. Sep 19 17. Sep 19 -98,500 €0.20 €-19,354
18. Sep 19 Sell Aberforth Partners LLP Company 17. Sep 19 17. Sep 19 -11,179 €0.20 €-2,278
17. Sep 19 Sell Aberforth Partners LLP Company 16. Sep 19 16. Sep 19 -227,495 €0.21 €-47,529
16. Sep 19 Sell Aberforth Partners LLP Company 13. Sep 19 13. Sep 19 -9,873 €0.21 €-2,076
23. Sep 19 Sell Standard Life Aberdeen plc Company 20. Sep 19 20. Sep 19 -787,664 €0.17 €-132,357
19. Sep 19 Sell Majedie Asset Management Limited Company 18. Sep 19 18. Sep 19 -92,577 €0.17 €-15,642
20. Sep 19 Sell Standard Life Aberdeen plc Company 19. Sep 19 19. Sep 19 -455,014 €0.16 €-73,999
19. Sep 19 Sell Standard Life Aberdeen plc Company 18. Sep 19 18. Sep 19 -335,000 €0.17 €-56,696
18. Sep 19 Sell Standard Life Aberdeen plc Company 17. Sep 19 17. Sep 19 -119,500 €0.20 €-23,337
10. Sep 19 Sell Norges Bank Investment Management Company 09. Sep 19 09. Sep 19 -419 €0.23 €-97
11. Sep 19 Sell Majedie Asset Management Limited Company 10. Sep 19 10. Sep 19 -1,015,000 €0.23 €-238,287
10. Sep 19 Sell Majedie Asset Management Limited Company 09. Sep 19 09. Sep 19 -16,000 €0.23 €-3,755
11. Sep 19 Sell Aberforth Partners LLP Company 10. Sep 19 10. Sep 19 -500,000 €0.23 €-116,858
11. Sep 19 Sell Standard Life Aberdeen plc Company 10. Sep 19 10. Sep 19 -1,006,500 €0.23 €-236,292
10. Sep 19 Sell Standard Life Aberdeen plc Company 09. Sep 19 09. Sep 19 -16,000 €0.23 €-3,755
09. Sep 19 Sell Standard Life Aberdeen plc Company 06. Sep 19 06. Sep 19 -37,500 €0.23 €-8,440
06. Sep 19 Sell Standard Life Aberdeen plc Company 05. Sep 19 05. Sep 19 -55,000 €0.23 €-12,837
04. Sep 19 Sell Standard Life Aberdeen plc Company 03. Sep 19 03. Sep 19 -40,000 €0.23 €-9,215
05. Sep 19 Sell Standard Life Aberdeen plc Company 04. Sep 19 04. Sep 19 -248,578 €0.23 €-57,158
03. Sep 19 Sell Standard Life Aberdeen plc Company 02. Sep 19 02. Sep 19 -24,340 €0.22 €-5,408
02. Sep 19 Sell Standard Life Aberdeen plc Company 30. Aug 19 30. Aug 19 -38,409 €0.26 €-9,957
29. Aug 19 Sell Standard Life Aberdeen plc Company 28. Aug 19 28. Aug 19 -289,369 €0.27 €-77,939
28. Aug 19 Sell Standard Life Aberdeen plc Company 27. Aug 19 27. Aug 19 -122,484 €0.27 €-33,653
27. Aug 19 Sell Standard Life Aberdeen plc Company 23. Aug 19 23. Aug 19 -73,832 €0.29 €-21,635
30. Aug 19 Sell Standard Life Aberdeen plc Company 29. Aug 19 29. Aug 19 -73,422 €0.27 €-19,584
23. Aug 19 Sell Standard Life Aberdeen plc Company 22. Aug 19 22. Aug 19 -240,361 €0.31 €-73,789
21. Aug 19 Sell Standard Life Aberdeen plc Company 20. Aug 19 20. Aug 19 -59,243 €0.39 €-23,305
01. Aug 19 Sell Standard Life Aberdeen plc Company 31. Jul 19 31. Jul 19 -429,742 €0.50 €-214,243
29. Jul 19 Sell Standard Life Aberdeen plc Company 26. Jul 19 26. Jul 19 -276 €0.52 €-144
26. Jul 19 Sell Standard Life Aberdeen plc Company 25. Jul 19 25. Jul 19 -48,914 €0.53 €-25,774
22. Jul 19 Sell Standard Life Aberdeen plc Company 19. Jul 19 19. Jul 19 -163,166 €0.50 €-81,265
22. Jul 19 Buy Standard Life Aberdeen plc Company 19. Jul 19 19. Jul 19 163,166 €0.50 €81,265
18. Jul 19 Sell Standard Life Aberdeen plc Company 17. Jul 19 17. Jul 19 -2,002 €0.52 €-1,042
17. Jul 19 Sell Standard Life Aberdeen plc Company 16. Jul 19 16. Jul 19 -9,686 €0.52 €-5,068
16. Jul 19 Sell Standard Life Aberdeen plc Company 15. Jul 19 15. Jul 19 -16,392 €0.53 €-8,620
15. Jul 19 Sell Standard Life Aberdeen plc Company 12. Jul 19 12. Jul 19 -300,457 €0.53 €-159,914
11. Jul 19 Sell Standard Life Aberdeen plc Company 10. Jul 19 10. Jul 19 -32,241 €0.53 €-17,188
10. Jul 19 Sell Standard Life Aberdeen plc Company 09. Jul 19 09. Jul 19 -43,450 €0.52 €-22,751
08. Jul 19 Sell Standard Life Aberdeen plc Company 05. Jul 19 05. Jul 19 -81,952 €0.54 €-43,871
02. Jul 19 Sell Standard Life Aberdeen plc Company 01. Jul 19 01. Jul 19 -51,725 €0.54 €-27,757
01. Jul 19 Sell Standard Life Aberdeen plc Company 28. Jun 19 28. Jun 19 -135,947 €0.54 €-72,873
27. Jun 19 Sell Standard Life Aberdeen plc Company 26. Jun 19 26. Jun 19 -34,400 €0.54 €-18,482
26. Jun 19 Sell Standard Life Aberdeen plc Company 25. Jun 19 25. Jun 19 -57,958 €0.54 €-31,077
25. Jun 19 Sell Standard Life Aberdeen plc Company 24. Jun 19 24. Jun 19 -25,562 €0.62 €-15,953
X
Management checks
We assess Nostrum Oil & Gas's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Nostrum Oil & Gas has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Nostrum Oil & Gas PLC, an independent oil and gas exploration company, engages in the exploration, development, and production of oil and gas in the pre-Caspian Basin. The company discovers and develops oil and gas reserves, as well as produces and sells crude oil, stabilized condensate, liquefied petroleum gas, and dry gas. Its principal producing asset is 100% owned Chinarevskoye field located in North-western Kazakhstan. As of January 1, 2019, the company had a proved and probable reserve of 410 mmboe. The company was founded in 1997 and is based in London, the United Kingdom.

Details
Name: Nostrum Oil & Gas PLC
3NO
Exchange: DB
Founded: 1997
£10,685,002
185,234,079
Website: http://www.nostrumoilandgas.com
Address: Nostrum Oil & Gas PLC
20 Eastbourne Terrace,
9th Floor,
London,
Greater London, W2 6LG,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
LSE NOG Ordinary Shares London Stock Exchange GB GBP 20. Jun 2014
OTCPK NTSM.F Ordinary Shares Pink Sheets LLC US USD 20. Jun 2014
DB 3NO Ordinary Shares Deutsche Boerse AG DE EUR 20. Jun 2014
KAS GB_NTRM Ordinary Shares Kazakhstan Stock Exchange KZ KZT 20. Jun 2014
BATS-CHIXE NOGL Ordinary Shares BATS 'Chi-X Europe' GB GBP 20. Jun 2014
OTCPK NSTR.Y ADR Pink Sheets LLC US USD 01. Apr 2016
Number of employees
Current staff
Staff numbers
791
Nostrum Oil & Gas employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/31 00:19
End of day share price update: 2020/03/30 00:00
Last estimates confirmation: 2020/02/06
Last earnings filing: 2019/11/19
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.