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Lekoil

DB:L5K
Snowflake Description

Adequate balance sheet with limited growth.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
L5K
DB
£9M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Lekoil Limited explores for, develops, and produces petroleum oil and natural gas primarily in Nigeria. The last earnings update was 185 days ago. More info.


Add to Portfolio Compare Print
  • Lekoil has significant price volatility in the past 3 months.
L5K Share Price and Events
7 Day Returns
0%
DB:L5K
18.1%
DE Oil and Gas
7.3%
DE Market
1 Year Returns
-79.1%
DB:L5K
21.9%
DE Oil and Gas
-17.7%
DE Market
L5K Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Lekoil (L5K) 0% -52.6% -77.5% -79.1% -97.1% -96.8%
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
  • L5K underperformed the Oil and Gas industry which returned 21.9% over the past year.
  • L5K underperformed the Market in Germany which returned -17.7% over the past year.
Price Volatility
L5K
Industry
5yr Volatility vs Market
Related Companies

L5K Value

 Is Lekoil 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
  • It is not possible to calculate the future cash flow value for Lekoil. This is due to cash flow or dividend data being unavailable. The share price is €0.009.
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 Lekoil's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Lekoil's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:L5K PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in USD $-0.03
AIM:LEK Share Price ** AIM (2020-03-30) in GBP £0.02
AIM:LEK 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 Lekoil.

DB:L5K PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 0.02 ÷ -0.03

-0.81x

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

  • Lekoil is loss making, we can't compare its value to the Europe Oil and Gas industry average.
  • Lekoil is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Lekoil's expected growth come at a high price?
Raw Data
DB:L5K PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.81x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
Not available
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 Lekoil, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Lekoil's assets?
Raw Data
DB:L5K PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in USD $0.34
AIM:LEK Share Price * AIM (2020-03-30) in GBP £0.02
AIM:LEK 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:L5K PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.02 ÷ 0.34

0.06x

* Primary Listing of Lekoil.

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

  • Lekoil is good value based on assets compared to the DE Oil and Gas industry average.
X
Value checks
We assess Lekoil'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. Lekoil has a total score of 1/6, 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.

L5K Future Performance

 How is Lekoil expected to perform in the next 1 to 3 years based on estimates from 3 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
30.8%
Expected annual growth in revenue.
Earnings growth vs Low Risk Savings
Is Lekoil expected to grow at an attractive rate?
  • Unable to compare Lekoil's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Lekoil's earnings growth to the Germany market average as no estimate data is available.
  • Lekoil's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:L5K Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:L5K Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 30.8%
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:L5K Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:L5K Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-12-31
2023-12-31 163 65 1
2022-12-31 119 49 2
2021-12-31 47 9 3
2020-12-31 40 0 3
2020-03-30
2019-12-31 44 8 3
DB:L5K Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-06-30 49 7 -14
2019-03-31 49 3 -11
2018-12-31 49 -2 -8
2018-09-30 47 -4 6
2018-06-30 46 -6 19
2018-03-31 39 -9 12
2017-12-31 31 -12 5
2017-09-30 19 -4 -9
2017-06-30 7 3 -22
2017-03-31 3 6 -19
2016-12-31 9 -15
2016-09-30 1 -16

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Lekoil is high growth as no earnings estimate data is available.
  • Lekoil's revenue is expected to grow significantly at over 20% yearly.
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:L5K 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 3 Analyst Estimates (S&P Global) See Below

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

DB:L5K 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
2020-12-31
2020-03-30
2019-12-31
DB:L5K Past Financials Data
Date (Data in USD Millions) EPS *
2019-06-30 -0.03
2019-03-31 -0.02
2018-12-31 -0.01
2018-09-30 0.01
2018-06-30 0.04
2018-03-31 0.02
2017-12-31 0.01
2017-09-30 -0.02
2017-06-30 -0.04
2017-03-31 -0.04
2016-12-31 -0.03
2016-09-30 -0.03

*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 Lekoil will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Lekoil'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.
Lekoil has a total score of 2/6, 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.

L5K Past Performance

  How has Lekoil performed over the past 5 years?

  • Lekoil's last earnings update was 185 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 Lekoil'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.
  • Lekoil does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Lekoil's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Lekoil's 1-year growth to the Europe Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Lekoil'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 Lekoil Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:L5K 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 48.59 -14.19 31.15
2019-03-31 48.64 -11.06 29.34
2018-12-31 48.69 -7.92 27.53
2018-09-30 47.49 5.67 27.63
2018-06-30 46.29 19.27 27.73
2018-03-31 38.57 12.21 28.03
2017-12-31 30.85 5.15 28.33
2017-09-30 18.90 -8.64 25.05
2017-06-30 6.95 -22.44 21.77
2017-03-31 3.47 -18.67 21.74
2016-12-31 -14.91 21.71
2016-09-30 -16.39 23.40
2016-06-30 -17.88 25.08
2016-03-31 -17.64 23.41
2015-12-31 -17.40 21.74
2015-09-30 -10.18 17.31
2015-06-30 -2.95 12.89
2015-03-31 -2.44 11.95
2014-12-31 -1.93 11.02
2014-09-30 -4.18 11.07
2014-06-30 -6.42 11.13
2014-03-31 -8.72 10.74
2013-12-31 -11.01 10.36
2013-09-30 -10.63 8.71
2013-06-30 -10.25 7.06
2013-03-31 -6.63 5.44

*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 Lekoil has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Lekoil 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 Lekoil 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 Lekoil'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.
Lekoil 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.

L5K Health

 How is Lekoil'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 Lekoil's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Lekoil is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Lekoil's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Lekoil'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 covered by short term assets, assets are 1.5x 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 Lekoil Company Filings, last reported 9 months ago.

DB:L5K Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 180.70 15.75 8.34
2019-03-31 180.70 15.75 8.34
2018-12-31 185.31 20.49 10.42
2018-09-30 185.31 20.49 10.42
2018-06-30 208.19 25.71 9.84
2018-03-31 208.19 25.71 9.84
2017-12-31 205.78 29.51 6.92
2017-09-30 205.78 29.51 6.92
2017-06-30 184.52 39.79 6.39
2017-03-31 184.52 39.79 6.39
2016-12-31 198.09 27.39 3.28
2016-09-30 198.09 27.39 3.28
2016-06-30 193.44 19.16 7.62
2016-03-31 193.44 19.16 7.62
2015-12-31 200.76 8.25 26.02
2015-09-30 200.76 8.25 26.02
2015-06-30 167.74 9.99 41.38
2015-03-31 167.74 9.99 41.38
2014-12-31 173.77 0.00 49.23
2014-09-30 173.77 0.00 49.23
2014-06-30 178.07 0.00 61.74
2014-03-31 178.07 0.00 61.74
2013-12-31 147.09 0.00 66.63
2013-09-30 147.09 0.00 66.63
2013-06-30 43.83 0.00 5.94
2013-03-31 43.83 0.00 5.94
  • Lekoil's level of debt (8.7%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 8.7% today).
  • Debt is well covered by operating cash flow (45.3%, greater than 20% of total debt).
  • Unable to confirm if the interest payments on Lekoil's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Lekoil'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. Lekoil has a total score of 4/6, 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.

L5K Dividends

 What is Lekoil'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 Lekoil dividends.
If you bought €2,000 of Lekoil 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 Lekoil's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Lekoil'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:L5K 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 3 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:L5K 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
2020-12-31
2020-03-30
2019-12-31

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

  • Unable to perform a dividend volatility check as Lekoil has not reported any payouts.
  • Unable to verify if Lekoil's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Lekoil's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Lekoil 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 Lekoil'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 Lekoil afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Lekoil 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.

L5K Management

 What is the CEO of Lekoil'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
Lekan Akinyanmi
COMPENSATION $1,712,000
AGE 47
CEO Bio

Mr. Olalekan Akinyanmi, also known as Lekan, serves as the Chief Executive Officer and Executive Director of Lekoil Ltd. He has over 20 years' experience in the oil and gas industry with AllianceBernstein L.P. in New York, where he spent six years as a Research Analyst and Portfolio Manager covering Energy and Materials worldwide. Mr. Akinyanmi was an Associate Analyst of UBS Investment Bank, Research Division. He has held senior positions at 3Fold Ventures and Encabler Inc, a Californian headquartered technology company specialising in interactive television software, which he founded in June 2000, as well as successfully negotiating and raising the first round of equity capital for the Company's operations. Prior to founding Encabler Inc, Mr. Akinyanmi worked as lead engineer for Schlumberger Limited, where he advanced High Pressure High Temperature wireline operations for Texaco's North Sea oil prospects. His work at Schlumberger took him to a number of different petroleum jurisdictions including Scotland, Oman, Pakistan, Egypt and Nigeria. Mr. Akinyanmi graduated from the Obafemi Awolowo University in Nigeria with a Bachelor of Science Degree in Electronic and Electrical Engineering and also holds an MBA from Massachusetts Institute of Technology (MIT) Sloan School of Management.

CEO Compensation
  • Lekan's compensation has increased whilst company is loss making.
  • Insufficient data for Lekan to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure of the Lekoil management team in years:

2.2
Average Tenure
  • The tenure for the Lekoil management team is about average.
Management Team

Lekan Akinyanmi

TITLE
CEO & Executive Director
COMPENSATION
$2M
AGE
47

Edward During

TITLE
Chief Financial Officer
TENURE
0.2 yrs

Adeleke Adedipe

TITLE
Chief Operating Officer
TENURE
2.2 yrs

Samuel Olotu

TITLE
Chief Technology Officer

Kike Fajemirokun

TITLE
Head of Human Resources & Admin
TENURE
2.2 yrs

Gloria Iroegbunam

TITLE
GM of Legal & Company Secretary
TENURE
2.2 yrs

Hamilton Esi

TITLE
General Manager of Corporate Communications
Board of Directors Tenure

Average tenure and age of the Lekoil board of directors in years:

3.6
Average Tenure
55
Average Age
  • The tenure for the Lekoil board of directors is about average.
Board of Directors

Sam Adegboyega

TITLE
Non-Executive Chairman
COMPENSATION
$151K
AGE
65
TENURE
8.8 yrs

Lekan Akinyanmi

TITLE
CEO & Executive Director
COMPENSATION
$2M
AGE
47

Sola Oyinlola

TITLE
Non-Executive Director
COMPENSATION
$111K
AGE
64
TENURE
4.8 yrs

Aisha Muhammed-Oyebode

TITLE
Non-Executive Director
COMPENSATION
$111K
AGE
55
TENURE
7 yrs

Tom Schmitt

TITLE
Non-Executive Director
COMPENSATION
$25K
AGE
62
TENURE
2.5 yrs

Mark Jonathan Simmonds

TITLE
Non-Executive Director
AGE
54
TENURE
0.2 yrs

Tony Hawkins

TITLE
Non-Executive Director
AGE
47
TENURE
1.2 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 (€)
19. Jul 19 Buy Samuel Olotu Individual 16. Jul 19 16. Jul 19 235,130 €0.04 €10,317
19. Jul 19 Buy Olalekan Akinyanmi Individual 16. Jul 19 16. Jul 19 915,950 €0.05 €42,551
19. Jul 19 Buy Gregory Eckersley Individual 16. Jul 19 16. Jul 19 150,000 €0.04 €6,637
X
Management checks
We assess Lekoil'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. Lekoil 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.

L5K News

Simply Wall St News

L5K Company Info

Description

Lekoil Limited explores for, develops, and produces petroleum oil and natural gas primarily in Nigeria. The company owns a 40% interest in the Otakikpo marginal field located in the south-eastern part of the Niger Delta; and a 17.14% participating interest in the OPL 310 block situated in the Upper Cretaceous fairway that runs along the West African Transform Margin. It also holds a 62% interest in the OPL 325 located in the Dahomey Basin. The company was founded in 2010 and is headquartered in Lagos, Nigeria.

Details
Name: Lekoil Limited
L5K
Exchange: DB
Founded: 2010
£10,418,919
536,529,983
Website: http://www.lekoil.com
Address: Lekoil Limited
Churchgate Tower 1,
9th Floor,
Lagos,
Nigeria
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM LEK Ordinary Shares London Stock Exchange AIM Market GB GBP 17. May 2013
OTCPK LEKO.F Ordinary Shares Pink Sheets LLC US USD 17. May 2013
DB L5K Ordinary Shares Deutsche Boerse AG DE EUR 17. May 2013
Number of employees
Current staff
Staff numbers
0
Lekoil 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 23:23
End of day share price update: 2020/03/30 00:00
Last estimates confirmation: 2020/03/16
Last earnings filing: 2019/09/27
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.