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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)4.46M
Market Cap
£11.39M
Enterprise Value10.32M
Total Cash (Recent Filing)£2.70M
Total Debt (Recent Filing)£2.01M
Price to Earnings (P/E)―
Beta0.28
Next Earnings
May 27, 2027EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding1,469,751,600
10 Day Avg. Volume2,911,726
30 Day Avg. Volume4,458,942
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 LeverageDebt of roughly 0.08x equity in both 2024 and 2025 indicates conservative leverage, reducing fixed financial obligations and preserving flexibility to fund field activity or withstand operating volatility. The sizable equity base also provides a cushion against near-term setbacks.
Hydrocarbon Production PlatformBlock Energy has an established operating model based on producing and selling hydrocarbons from licensed Georgian fields. Exploration, appraisal, and development provide identifiable avenues to expand recoverable reserves and production volumes over time, supporting future revenue potential.
Historically Positive Operating Cash FlowPositive operating cash flow in most reported years suggests the underlying asset base has previously generated cash from operations rather than relying entirely on external funding. Although 2025 was materially weaker, this history provides a foundation for recovery if operating performance stabilizes.
Bears Say
Revenue ContractionThe latest reported revenue decline indicates weakening sales performance from the existing production base. Sustained contraction would reduce the resources available for exploration, field development, and overhead, making it harder for the company to build scale or improve operating leverage.
Persistent UnprofitabilityPersistent losses and sharply compressed margins show that production and sales have not yet translated into dependable earnings. Continued unprofitability can erode the equity cushion over time, limit internally funded investment, and increase dependence on successful operational improvement.
Negative Free Cash FlowThe reversal from positive free cash flow in 2024 to approximately negative 1.1m in 2025 signals that current operations did not cover investment needs. If this persists, Block Energy may face greater funding pressure while still needing capital for field activity and 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 £11.39M.
When is Block Energy Plc’s upcoming earnings report date?
Block Energy Plc’s upcoming earnings report date is May 27, 2027 which is in 215 days.
How were Block Energy Plc’s earnings last quarter?
Block Energy Plc released its earnings results on Sep 28, 2026. The company reported 0 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 p in its last earnings report. Following the earnings report the stock price went down -12.821%.
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.
Technical Analysis
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