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Block Energy Plc (BLOE) AI Stock Analysis
Block Energy Plc
(LSE:BLOE)
The overall score is held down primarily by weak financial performance, with shrinking revenue, persistent losses, deteriorating margins, and recurring negative free cash flow despite a conservative balance sheet. Technical indicators further weigh on the score, as the share price trades below all major moving averages and momentum remains subdued rather than showing a clear positive trend. Valuation offers limited support because the negative P/E and lack of dividend yield provide no strong earnings or income-based justification at current levels.
Block Energy Plc (BLOE) vs. iShares MSCI United Kingdom ETF (EWC)
- Market Cap
- GBP 6.06M
- Dividend Yield
- ―
- Average Volume (3M)
- 3.24M
- Price to Earnings (P/E)
- -5.1
- Beta (1Y)
- 0.25
- Revenue Growth
- -25.76%
- EPS Growth
- -69.23%
- Country
- UK
- Employees
- 119
- Sector
- Energy
- Sector Strength
- 65
- Industry
- Oil & Gas Exploration & Production
Block Energy Plc Business Overview & Revenue Model
Company Description
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. T...
How the Company Makes Money
Block Energy makes money primarily by producing and selling hydrocarbons (crude oil and/or natural gas) from its onshore Georgian fields. Revenue is generated when produced volumes are sold to customers, with sales typically priced based on prevailin...
Block Energy Plc Financial Statement Overview
Summary
Score reflects deteriorating revenue, persistent net losses, collapsing margins, and unstable, negative free cash flow, partly offset by a solid equity base and low leverage.
Income Statement
32NegativeBalance Sheet
61PositiveCash Flow
28Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 5.52M | 6.06M | 7.53M | 8.37M | 8.26M | 6.11M |
| Gross Profit | 608.58K | 599.00K | 2.78M | 3.17M | 4.27M | 3.13M |
| EBITDA | -1.06M | -863.00K | 858.00K | -909.00K | 415.00K | -1.79M |
| Net Income | -2.53M | -2.57M | -609.00K | -2.21M | -1.61M | -4.78M |
Balance Sheet | ||||||
| Total Assets | 35.07M | 29.70M | 29.48M | 29.96M | 30.62M | 30.93M |
| Cash, Cash Equivalents and Short-Term Investments | 2.70M | 1.49M | 1.14M | 713.00K | 450.00K | 1.24M |
| Total Debt | 2.01M | 2.00M | 2.00M | 2.00M | 0 | 0 |
| Total Liabilities | 3.74M | 4.17M | 4.17M | 4.26M | 3.42M | 3.86M |
| Stockholders Equity | 31.32M | 25.54M | 25.31M | 25.71M | 27.20M | 27.07M |
Cash Flow | ||||||
| Free Cash Flow | -1.64M | -1.07M | 734.00K | -1.52M | -1.21M | -6.97M |
| Operating Cash Flow | -498.54K | 72.49K | 1.40M | 1.57M | 1.52M | -565.00K |
| Investing Cash Flow | -5.60M | -1.63M | -657.00K | -3.06M | -2.45M | -6.12M |
| Financing Cash Flow | 7.93M | 1.92M | -311.00K | 1.75M | -1,000 | 1.46M |
Block Energy Plc Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:BLOE, the sentiment is Negative. The current price of 0.72 is below the 20-day moving average (MA) of 0.80, below the 50-day MA of 0.87, and below the 200-day MA of 1.00, indicating a bearish trend. The MACD of -0.03 indicates Negative momentum. The RSI at 36.44 is Neutral, neither overbought nor oversold. The STOCH value of 48.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:BLOE.
Block Energy Plc Peers Comparison
Overall Rating
GB:UOG52Neutral
GB:TRP43Neutral- GB:BLOE41Neutral
GB:CAD41Neutral
GB:GEO39Underperform
GB:MATD39Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 65Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% |
| GB:UOG | 52Neutral | GBP 11.30M | -7.54 | -18.21% | ― | ― | 33.33% |
| GB:TRP | 43Neutral | GBP 6.55M | -0.28 | -84.80% | ― | ― | -400.00% |
| GB:BLOE | 41Neutral | GBP 11.76M | -5.11 | -8.91% | ― | -25.76% | -69.23% |
| GB:CAD | 41Neutral | GBP 10.05M | -4.79 | -10.22% | ― | 8.44% | 53.11% |
| GB:GEO | 39Underperform | GBP 4.01M | -1.38 | -45.78% | ― | ― | ― |
| GB:MATD | 39Underperform | GBP 14.87M | -6.49 | -16.93% | ― | 101.48% | 76.79% |
* Energy Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| GB:BLOE | Block Energy Plc | 0.72 | -0.13 | -14.71% | |
| GB:CAD | Cadogan Petroleum | 4.00 | 0.35 | 9.59% | |
| GB:UOG | United Oil & Gas Plc | 0.23 | 0.08 | 60.71% | |
| GB:TRP | Tower Resources (UK) | 0.01 | -0.02 | -59.38% | |
| GB:GEO | Global Petroleum | 0.05 | -0.26 | -83.81% | |
| GB:MATD | Petro Matad | 0.78 | -0.81 | -50.95% |
Block Energy Plc Corporate Events
Block Energy completes 3D seismic survey at major Martkopi prospect in Georgia
PositiveBlock Energy plc has completed 3D seismic acquisition over the Martkopi Terrace prospect in licence XIQ, part of its Project IV portfolio in Georgia, marking a key step in evaluating a materially sized exploration target. The prospect has been indepe...
Block Energy unveils new website to showcase expanded international oil and gas portfolio
PositiveBlock Energy plc has launched a new corporate website to showcase its evolution from a Georgia-focused producer into a broader international oil and gas company with assets across Georgia and offshore Gabon. The site is designed to give shareholders...
Block Energy Advances Partner-Funded Growth as Output Dips in First Half
NeutralBlock Energy reported interim results for the six months to 30 June 2026, highlighting safe operations with zero lost-time incidents over 148,911 man-hours and a stable though modest financial performance. Revenue slipped to $2.9 million as productio...
Block Energy Advances Partner-Funded 3D Seismic Work at Major Georgian Prospect
PositiveBlock Energy Plc has reported strong progress on its partner-funded 3D seismic acquisition over the Martkopi Terrace prospect in Georgia’s XIQ licence, part of its Project IV portfolio. Recording began in August 2026, about 70% of the survey ha...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Sep 29, 2026