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BLOE Stock Chart & Stats
0.75 p
0.05 p(7.14%)
At close: 4:00 PM EST
0.75 p
0.05 p(7.14%)
Day’s Range― - ―
52-Week Range0.60 p - 1.90 p
Previous CloseN/A
Volume14.49M
Average Volume (3M)1.96M
Market Cap
£13.22M
Enterprise Value9.83M
Total Cash (Recent Filing)£1.49M
Total Debt (Recent Filing)£2.00M
Price to Earnings (P/E)―
Beta0.30
Next Earnings
Sep 25, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding1,469,380,000
10 Day Avg. Volume2,461,436
30 Day Avg. Volume1,962,824
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 Balance SheetVery low reported leverage (debt ~0.08x equity) provides durable financial flexibility versus peers. This reduces near-term refinancing risk, supports the ability to fund targeted drilling/workovers, and preserves headroom for partner-funded development or asset optimization during commodity cycles.
Onshore, Production-focused Business ModelA concentrated onshore E&P footprint in Georgia creates operational simplicity and more predictable development economics versus offshore projects. The company’s model—drilling, workovers and selling produced hydrocarbons locally—supports steady cash conversion if production is maintained and enables incremental volume increases from field optimization.
Prior Ability To Generate Operating CashHistorical positive operating cash flow and a prior year of positive free cash flow demonstrate the business can generate internal funds when operations perform. That track record indicates operational levers (workovers, recompletions) can restore cash generation without sole reliance on external financing if production and prices recover.
Bears Say
Declining Revenue And Compressed MarginsMaterial revenue decline and sharply compressed gross margins materially weaken the company's ability to self-fund operations. Low gross margins reduce resilience to lower realized prices or cost inflation, squeezing operational profitability and making it harder to cover fixed costs and fund field development consistently.
Persistent Losses And Volatile ProfitabilityConsistent net losses and earnings volatility threaten the equity cushion and limit reinvestment capacity. Persistent negative returns on equity increase the risk of gradual balance sheet erosion, raise the bar for new capital providers, and constrain strategic options like sustained drilling programs without partner funding.
Deteriorated Cash Flow And Recent Negative FCFThe swing to negative free cash flow in 2025 signals funding pressure for routine capex and development. If negative FCF persists, the company may need external financing, asset sales, or dilutive farm-outs to fund growth, raising execution risk and potentially slowing value-accretive field work.
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 £13.22M.
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 64 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, missing the consensus estimate of N/A by -0.002 p.
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 1,469,380,000 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, missing expectations of N/A. 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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