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Chariot Oil & Gas

DB:C62
Snowflake Description

Flawless balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
C62
DB
£6M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Chariot Oil & Gas Limited, together with its subsidiaries, engages in the oil and gas exploration business. The last earnings update was 187 days ago. More info.


Add to Portfolio Compare Print
  • Chariot Oil & Gas has significant price volatility in the past 3 months.
C62 Share Price and Events
7 Day Returns
11.1%
DB:C62
18.1%
DE Oil and Gas
7.3%
DE Market
1 Year Returns
-44.4%
DB:C62
21.9%
DE Oil and Gas
-17.7%
DE Market
C62 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Chariot Oil & Gas (C62) 11.1% -54.5% -64.3% -44.4% -94.9% -88.5%
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
  • C62 underperformed the Oil and Gas industry which returned 21.9% over the past year.
  • C62 underperformed the Market in Germany which returned -17.7% over the past year.
Price Volatility
C62
Industry
5yr Volatility vs Market

C62 Value

 Is Chariot 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 Chariot 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 Chariot Oil & Gas.

DB:C62 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-06-30) in USD $ 0.005
Payout Ratio Company Filings (2019-06-30) 0%
Discount Rate (Cost of Equity) See below 4.7%
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:C62
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
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- 21%) (16.88%))
0.944
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.94
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (0.944 * 5.44%)
4.74%

Discounted Cash Flow Calculation for DB:C62 using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Chariot Oil & Gas is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

DB:C62 Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= $0.01 / (4.74% - -0.39%)
$0.03
DB:C62 Discount to Share Price
Calculation Result
Exchange Rate USD/GBP
(Reporting currency to currency of AIM:CHAR)
0.806
Value per Share
(GBP)
= Value per Share in USD x Exchange Rate (USD/GBP)
= $0.1 x 0.806
£0.08
Non-primary Listing Adjustment Factor 1 share in DB:C62 represents 0.58824x of AIM:CHAR
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.58824x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (GBP) x Listing Adjustment Factor
= £ 0.08 x 0.58824
€0.05
Value per share (EUR) From above. €0.05
Current discount Discount to share price of €0.01
= -1 x (€0.01 - €0.05) / €0.05
78.4%

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

Current Discount
Amount off the current price Chariot Oil & Gas is available for.
Intrinsic value
>50%
Share price is €0.01 vs Future cash flow value of €0.04619
Current Discount Checks
For Chariot Oil & Gas to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Chariot Oil & Gas's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Chariot 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 Chariot Oil & Gas's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Chariot Oil & Gas's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:C62 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in USD $-0.04
AIM:CHAR Share Price ** AIM (2020-03-30) in GBP £0.02
AIM:CHAR Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.241 $0.02
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 Chariot Oil & Gas.

DB:C62 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:CHAR Share Price ÷ EPS (both in USD)

= 0.02 ÷ -0.04

-0.52x

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

  • Chariot Oil & Gas is loss making, we can't compare its value to the Europe Oil and Gas industry average.
  • Chariot Oil & Gas is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Chariot Oil & Gas's expected growth come at a high price?
Raw Data
DB:C62 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.52x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
77.3%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 Chariot Oil & Gas, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Chariot Oil & Gas's assets?
Raw Data
DB:C62 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in USD $0.24
AIM:CHAR Share Price * AIM (2020-03-30) in GBP £0.02
AIM:CHAR Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.241 $0.02
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:C62 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:CHAR Share Price ÷ Book Value per Share (both in USD)

= 0.02 ÷ 0.24

0.09x

* Primary Listing of Chariot Oil & Gas.

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

  • Chariot Oil & Gas is good value based on assets compared to the DE Oil and Gas industry average.
X
Value checks
We assess Chariot 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. Chariot 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.

C62 Future Performance

 How is Chariot Oil & Gas expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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
77.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Chariot Oil & Gas expected to grow at an attractive rate?
  • Unable to compare Chariot Oil & Gas's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare Chariot Oil & Gas's earnings growth to the Germany market average as it is expected to be loss making during the next 1-3 years.
  • Unable to compare Chariot Oil & Gas's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:C62 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:C62 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 77.3%
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:C62 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:C62 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31
2020-12-31 -5 -4
2020-03-30
2019-12-31 -2 -4
DB:C62 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-06-30 -3 -15
2019-03-31 -4 -15
2018-12-31 -5 -15
2018-09-30 -4 -10
2018-06-30 -4 -5
2018-03-31 -3 -30
2017-12-31 -2 -55
2017-09-30 -2 -55
2017-06-30 -3 -54
2017-03-31 -3 -31
2016-12-31 -4 -7
2016-09-30 -4 -11

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Chariot Oil & Gas is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • Unable to determine if Chariot Oil & Gas is high growth as no revenue estimate data is available.
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:C62 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Chariot Oil & Gas Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:C62 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 -0.02 -0.02 -0.02 1.00
2020-12-31 -0.01 -0.01 -0.02 2.00
2020-03-30
2019-12-31 -0.01 -0.01 -0.02 2.00
DB:C62 Past Financials Data
Date (Data in USD Millions) EPS *
2019-06-30 -0.04
2019-03-31 -0.04
2018-12-31 -0.04
2018-09-30 -0.03
2018-06-30 -0.02
2018-03-31 -0.11
2017-12-31 -0.21
2017-09-30 -0.20
2017-06-30 -0.20
2017-03-31 -0.11
2016-12-31 -0.03
2016-09-30 -0.04

*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 Chariot Oil & Gas will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Chariot 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.
Chariot Oil & Gas has a total score of 0/6, 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.

C62 Past Performance

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

  • Chariot Oil & Gas's last earnings update was 187 days ago.
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 Chariot 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.
  • Chariot Oil & Gas does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Chariot Oil & Gas's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Chariot Oil & Gas's 1-year growth to the Europe Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Chariot 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 Chariot Oil & Gas Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:C62 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 -14.87 4.13
2019-03-31 -15.01 4.20
2018-12-31 -15.14 4.26
2018-09-30 -9.85 4.42
2018-06-30 -4.57 4.57
2018-03-31 -29.99 4.41
2017-12-31 -55.42 4.25
2017-09-30 -54.93 3.92
2017-06-30 -54.44 3.60
2017-03-31 -30.64 3.96
2016-12-31 -6.83 4.33
2016-09-30 -11.36 4.57
2016-06-30 -15.89 4.81
2016-03-31 -15.40 5.14
2015-12-31 -14.90 5.46
2015-09-30 -12.49 6.25
2015-06-30 -10.08 7.04
2015-03-31 -25.93 7.42
2014-12-31 -41.77 7.80
2014-09-30 -41.99 7.84
2014-06-30 -42.20 7.89
2014-03-31 -26.33 8.06
2013-12-31 -10.46 8.23
2013-09-30 -9.77 9.01
2013-06-30 -9.08 9.78
2013-03-31 -48.82 9.53

*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 Chariot 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 Chariot 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 Chariot 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 Chariot 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.
Chariot 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.

C62 Health

 How is Chariot 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 Chariot Oil & Gas's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Chariot Oil & Gas is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Chariot Oil & Gas's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Chariot 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.
  • Chariot Oil & Gas has no debt, it does not need to be covered by short term assets.
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 Chariot Oil & Gas Company Filings, last reported 9 months ago.

DB:C62 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 88.44 0.00 12.14
2019-03-31 88.44 0.00 12.14
2018-12-31 89.96 0.00 19.82
2018-09-30 89.96 0.00 19.82
2018-06-30 102.56 0.00 28.37
2018-03-31 102.56 0.00 28.37
2017-12-31 87.66 0.00 15.23
2017-09-30 87.66 0.00 15.23
2017-06-30 89.56 0.00 21.65
2017-03-31 89.56 0.00 21.65
2016-12-31 142.21 0.00 25.02
2016-09-30 142.21 0.00 25.02
2016-06-30 143.30 0.00 29.04
2016-03-31 143.30 0.00 29.04
2015-12-31 148.25 0.00 39.71
2015-09-30 148.25 0.00 39.71
2015-06-30 158.27 0.00 45.52
2015-03-31 158.27 0.00 45.52
2014-12-31 162.05 0.00 53.48
2014-09-30 162.05 0.00 53.48
2014-06-30 153.18 0.00 37.51
2014-03-31 153.18 0.00 37.51
2013-12-31 188.41 0.00 56.68
2013-09-30 188.41 0.00 56.68
2013-06-30 193.44 0.00 39.93
2013-03-31 193.44 0.00 39.93
  • Chariot Oil & Gas has no debt.
  • Chariot Oil & Gas has not taken on any debt in the past 5 years.
  • Chariot Oil & Gas has no debt, it does not need to be covered by operating cash flow.
  • Chariot Oil & Gas has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Chariot 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. Chariot Oil & Gas has a total score of 6/6, 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.

C62 Dividends

 What is Chariot 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 Chariot Oil & Gas dividends. Estimated to be 23.71% next year.
If you bought €2,000 of Chariot 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 Chariot Oil & Gas's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Chariot 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:C62 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 1 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:C62 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.01 1.00
2020-12-31 0.00 1.00
2020-03-30
2019-12-31 0.00 1.00

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

  • Unable to perform a dividend volatility check as Chariot Oil & Gas has not reported any payouts.
  • Unable to verify if Chariot Oil & Gas's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Chariot Oil & Gas's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Chariot Oil & Gas has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Chariot 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 Chariot Oil & Gas afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Chariot 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.

C62 Management

 What is the CEO of Chariot 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
Larry Bottomley
COMPENSATION $396,000
AGE 61
TENURE AS CEO 7.3 years
CEO Bio

Mr. Larry Anthony Bottomley has been Chief Executive Officer of Chariot Oil & Gas Limited since December 20, 2012. Mr. Bottomley serves as Vice President of Exploration with Perenco SA. He served as Vice President for International Exploration and Business Development of Hunt Oil Company and served as its General Manager. Prior to joining Hunt in 2000, he was affiliated with British-Borneo plc, a British-based independent, where he was responsible for worldwide new venture activity. He was vice president, technical, for Triton Energy Limited. from 1997 to 1998 and served as its Exploration Manager of Europe, Africa and the Middle East from 1994 to 1997. His exploration responsibilities include assessing international new ventures, which led to exploration in Oman, Greece, Italy, Madagascar and Equatorial Guinea – the latter leading to the discovery of the La Ceiba field. He has worked in the oil and gas industry for over 30 years and has a significant track record of building exploration and production businesses on the international stage, delivering transformational growth and shareholder value. During his career, Mr. Bottomley has worked across a broad spectrum of exploratory and business development roles worldwide and has a strong background in integrated geosciences, team management and relationship building. He also spent a number of years with British Petroleum, serving in an increasingly responsible number of managerial roles in international exploration. Based in Colombia between 1986 and 1990, he was part of the BP team that discovered, among other fields, the multibillion barrel/TCF giant fields Cusiana and Cupiagua. In Colombia, he was the chief geophysicist and later filled the exploration manager role. He transferred to an assignment related to the deepwater Gulf of Mexico, where Mr. Bottomley ultimately became project manager for exploration in the Mars area and he was involved in the discovery of the giant Ursa Minor field and in building the inventory that led to the Thunder Horse discovery. He started his career as a Geophysicist working for Scott Pickford and Associates Ltd, Getty Oil (UK) Ltd and Ultramar Exploration Company (UK) Ltd. In 1986 he joined BP as a Geophysicist, where over the next eight years he worked in a number of roles, becoming Project Leader of the Mars Play Fairway in deepwater Gulf of Mexico in 1992. He served as the Chairman of Chariot Oil & Gas Limited from November 2012 to December 20, 2012. He served as a Non Executive Director of Chariot Oil & Gas Limited since September 1, 2011. He is an Associate of the Royal School of Mines, a Fellow of the Geological Society, a Member of the American Association of Petroleum Geology and a Member of the Petroleum Exploration Society of Great Britain. Mr. Bottomley has an MSc. in Stratigraphy from Birkbeck College, University of London and a BSc. in Geology from Imperial College, University of London.

CEO Compensation
  • Larry's compensation has increased whilst company is loss making.
  • Larry's remuneration is about average for companies of similar size in Germany.
Management Team

Larry Bottomley

TITLE
CEO & Director
COMPENSATION
$396K
AGE
61
TENURE
7.3 yrs

Adonis Pouroulis

TITLE
Co-Founder & Non-Executive Director
COMPENSATION
$55K
AGE
49

Julian Maurice-Williams

TITLE
Chief Financial Officer
TENURE
4.8 yrs

Duncan Wallace

TITLE
Exploration Manager

Paul Breaden

TITLE
Group Financial Controller
Board of Directors Tenure

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

7.4
Average Tenure
60.5
Average Age
  • The tenure for the Chariot Oil & Gas board of directors is about average.
Board of Directors

George Canjar

TITLE
Non Executive Chairman
COMPENSATION
$92K
AGE
61
TENURE
6.7 yrs

Larry Bottomley

TITLE
CEO & Director
COMPENSATION
$396K
AGE
61
TENURE
8.2 yrs

Adonis Pouroulis

TITLE
Co-Founder & Non-Executive Director
COMPENSATION
$55K
AGE
49
TENURE
12.2 yrs

Robert Archibald Sinclair

TITLE
Non-Executive Director
COMPENSATION
$48K
AGE
69
TENURE
12.2 yrs

Chris Zeal

TITLE
Independent Non-Executive Director
COMPENSATION
$20K
AGE
60
TENURE
1.5 yrs

Andy Hockey

TITLE
Independent Non-Executive Director
AGE
59
TENURE
0.8 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 (€)
21. May 19 Buy George Canjar Individual 20. May 19 20. May 19 450,000 €0.06 €26,667
20. May 19 Buy Christopher Zeal Individual 20. May 19 20. May 19 198,023 €0.06 €11,396
X
Management checks
We assess Chariot 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. Chariot 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.

C62 News

Simply Wall St News

C62 Company Info

Description

Chariot Oil & Gas Limited, together with its subsidiaries, engages in the oil and gas exploration business. It holds licenses covering two blocks in Namibia; two blocks in Morocco; and four blocks in the Barreirinhas Basin offshore Brazil. The company is based in St Peter Port, Guernsey.

Details
Name: Chariot Oil & Gas Limited
C62
Exchange: DB
Founded:
£7,025,569
367,532,909
Website: http://www.chariotoilandgas.com
Address: Chariot Oil & Gas Limited
Regency Court,
Glategny Esplanade,
St Peter Port,
GY1 1WW,
Guernsey
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM CHAR Ordinary Shares London Stock Exchange AIM Market GB GBP 19. May 2008
OTCPK OIGL.F Ordinary Shares Pink Sheets LLC US USD 19. May 2008
DB C62 Ordinary Shares Deutsche Boerse AG DE EUR 19. May 2008
Number of employees
Current staff
Staff numbers
0
Chariot Oil & Gas employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/30 22:15
End of day share price update: 2020/03/30 00:00
Last estimates confirmation: 2020/03/11
Last earnings filing: 2019/09/25
Last earnings reported: 2019/06/30
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.