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BLOE Stock Chart & Stats
0.88 p
>-0.01 p(-0.57%)
At close: 4:00 PM EDT
0.88 p
>-0.01 p(-0.57%)
Day’s Range― - ―
52-Week Range0.60 p - 1.90 p
Previous CloseN/A
Volume1.90M
Average Volume (3M)1.50M
Market Cap
£13.96M
Enterprise Value9.83M
Total Cash (Recent Filing)£1.49M
Total Debt (Recent Filing)£2.00M
Price to Earnings (P/E)―
Beta0.28
Next Earnings
Sep 25, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding1,469,751,600
10 Day Avg. Volume1,910,282
30 Day Avg. Volume1,495,716
Financial Highlights & Ratios
PEG Ratio-0.01
Price to Book (P/B)0.32
Price to Sales (P/S)1.33
P/FCF Ratio-7.51
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)>-0.01
Revenue Forecast (FY)£5.11M
Bulls Say, Bears Say
Bulls Say
Conservative LeverageLow leverage limits interest and refinancing pressure, preserving financial flexibility for field workovers and development. The sizable equity base provides some resilience while management works to restore profitability and cash generation.
Onshore Georgian Production PlatformA focused onshore asset base gives Block Energy an identifiable operating platform rather than a purely exploratory model. Continued production and field development can support recurring hydrocarbon sales if operational performance stabilizes.
Multiple Production Optimization LeversThe business can potentially improve output through targeted workovers, recompletions, and drilling rather than relying only on new discoveries. These operational levers may increase sellable volumes and extend field economics over several years.
Bears Say
Declining RevenueFalling revenue indicates weaker production, realized pricing, or both, reducing the scale available to absorb fixed operating costs. Unless volumes or commercial terms improve, the decline can constrain investment capacity and weaken the earnings outlook.
Persistent Unprofitable OperationsLosses across all reported years and sharply compressed margins show that the asset base has not yet demonstrated dependable earnings power. Persistent unprofitability can erode equity over time and limit internally funded development.
Weak And Volatile Cash GenerationThe swing from positive free cash flow in 2024 to approximately negative 1.1m in 2025 raises funding risk. If operating cash generation remains weak while field investment continues, Block Energy may need external capital or defer development.
Block Energy Plc News
BLOE FAQ
What was Block Energy Plc’s price range in the past 12 months?
Block Energy Plc lowest share price was 0.60 p and its highest was 1.90 p in the past 12 months.
What is Block Energy Plc’s market cap?
Block Energy Plc’s market cap is £13.96M.
When is Block Energy Plc’s upcoming earnings report date?
Block Energy Plc’s upcoming earnings report date is Sep 25, 2026 which is in 18 days.
How were Block Energy Plc’s earnings last quarter?
Block Energy Plc released its earnings results on Jun 01, 2026. The company reported -0.002 p earnings per share for the quarter.
Is Block Energy Plc overvalued?
According to Wall Street analysts Block Energy Plc’s price is currently Overvalued.
Does Block Energy Plc pay dividends?
Block Energy Plc does not currently pay dividends.
What is Block Energy Plc’s EPS estimate?
Block Energy Plc’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Block Energy Plc have?
Block Energy Plc has 1,469,751,600 shares outstanding.
What happened to Block Energy Plc’s price movement after its last earnings report?
Block Energy Plc reported an EPS of -0.002 p in its last earnings report. Following the earnings report the stock price went up 2.439%.
Which hedge fund is a major shareholder of Block Energy Plc?
Currently, no hedge funds are holding shares in GB:BLOE
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Block Energy Plc
Block Energy Plc is an energy firm engaged in the exploration, development, and production of oil and natural gas within Georgia. Its principal asset is the West Rustavi onshore oil and gas field, which it fully owns and operates in the Kura basin. The company also possesses a 100% operational stake in the Block IX, Block XI, and Norio onshore oil fields, in addition to a 90% stake in the Satskhenisi onshore oil field, all of which are situated in the Kura basin. Originally named Goldcrest Resources Plc, the company adopted its current name, Block Energy Plc, in May 2017. Founded in 2005, Block Energy Plc is based in London, United Kingdom.
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