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Chariot Oil & Gas
(LSE:CHAR)
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Rating:45Neutral
Price Target:
1.50 p
▼(-1.32% Downside)
Action:Reiterated
Date:07/04/26
The score is held down primarily by weak operating performance and persistent negative cash flow, which indicate the business is not yet sustainably profitable or self-funding. Technical indicators are mildly bearish/neutral, offering limited support. Valuation is also challenged by a negative P/E and no dividend yield data, providing little offset to the fundamental risks.
Positive Factors
Low leverage / strong balance sheet
Very low debt and a growing equity base provide durable financial flexibility for an exploration company. This reduces interest burden, supports the capacity to fund or joint-venture projects, and gives time to progress assets without immediate refinancing pressure.
Negative Factors
Persistent operating losses
Consistent operating losses and negative EBITDA mean the business is not yet generating sustainable operating profits. That undermines long-term self-funding, increases reliance on capital markets, and raises execution risk for progressing exploration projects to development.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / strong balance sheet
Very low debt and a growing equity base provide durable financial flexibility for an exploration company. This reduces interest burden, supports the capacity to fund or joint-venture projects, and gives time to progress assets without immediate refinancing pressure.
Read all positive factors
Chariot Oil & Gas (CHAR) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£45.16M
Dividend YieldN/A
Average Volume (3M)4.69M
Price to Earnings (P/E)―
Beta (1Y)0.99
Revenue GrowthN/A
EPS GrowthN/A
CountryUK
Employees2
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)-0.02
Shares Outstanding2,867,365,500
10 Day Avg. Volume2,410,533
30 Day Avg. Volume4,690,998
Financial Highlights & Ratios
PEG Ratio0.00
Price to Book (P/B)0.00
Price to Sales (P/S)0.00
P/FCF Ratio0.00
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)-0.27
Revenue Forecast (FY)N/A
Chariot Oil & Gas Business Overview & Revenue Model
Company Description
Chariot Limited, together with its affiliated companies, is engaged in oil and gas exploration and assessment activities. The company's operations are divided into two primary divisions: Transactional Gas and Transactional Power. It holds signific...
How the Company Makes Money
null...
Chariot Oil & Gas Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
66
Positive
Cash Flow
24
Negative
| Breakdown | TTM | Dec 2025 | Jun 2025 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 160.00K | 0.00 | 162.00K | 80.00K | 0.00 | 0.00 |
| Gross Profit | -1.70M | -426.77K | 162.00K | 80.00K | 0.00 | 0.00 |
| EBITDA | -12.47M | -8.62M | -21.72M | -15.04M | -14.30M | -6.42M |
| Net Income | -18.82M | 345.00K | -22.35M | -15.58M | -14.88M | -6.96M |
Balance Sheet | ||||||
| Total Assets | 65.43M | 71.88M | 63.63M | 74.64M | 67.61M | 54.75M |
| Cash, Cash Equivalents and Short-Term Investments | 5.56M | 1.16M | 2.20M | 4.97M | 11.30M | 19.41M |
| Total Debt | 655.00K | 421.00K | 796.00K | 1.34M | 359.00K | 430.00K |
| Total Liabilities | 5.01M | 6.44M | 5.39M | 5.77M | 6.56M | 15.79M |
| Stockholders Equity | 60.42M | 65.43M | 58.23M | 68.87M | 61.06M | 38.96M |
Cash Flow | ||||||
| Free Cash Flow | -4.54M | -8.05M | -22.15M | -23.22M | -39.13M | -11.56M |
| Operating Cash Flow | -4.50M | -6.38M | -10.89M | -8.57M | -9.63M | -6.18M |
| Investing Cash Flow | -4.88M | -2.29M | 5.00K | -14.55M | -29.44M | -5.39M |
| Financing Cash Flow | 10.93M | 6.09M | 7.79M | 17.28M | 32.29M | 27.71M |
Chariot Oil & Gas Technical Analysis
Neutral
1.52
Price Trends
1.62
Negative
1.52
Positive
1.57
Positive
Market Momentum
-0.01
Positive
47.82
Neutral
31.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:CHAR, the sentiment is Neutral. The current price of 1.52 is below the 20-day moving average (MA) of 1.60, below the 50-day MA of 1.62, and below the 200-day MA of 1.57, indicating a neutral trend. The MACD of -0.01 indicates Positive momentum. The RSI at 47.82 is Neutral, neither overbought nor oversold. The STOCH value of 31.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GB:CHAR.
Chariot Oil & Gas Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
51 Neutral | £26.12M | -10.36 | -8.49% | ― | ― | 2.38% | |
45 Neutral | £45.16M | -1.28 | -31.73% | ― | ― | ― | |
45 Neutral | £20.45M | -6.11 | -54.57% | ― | 356.85% | 70.77% | |
43 Neutral | £31.03M | -18.16 | -7.42% | ― | ― | 51.66% | |
41 Neutral | £4.35M | -0.17 | -45.38% | ― | ― | 85.90% |
* Energy Sector Average
GB:CHAR
Chariot Oil & Gas
1.58
0.07
4.37%
GB:JOG
Jersey Oil and Gas
95.00
-34.00
-26.36%
GB:SOU
Sound Energy
1.90
-4.85
-71.85%
GB:MATD
Petro Matad
1.10
-0.20
-15.38%
GB:PRD
Predator Oil & Gas Holdings Plc
2.95
-0.10
-3.28%
Chariot Oil & Gas Corporate Events
Business Operations and StrategyFinancial DisclosuresRegulatory Filings and Compliance
Chariot Publishes 2025 Annual Report as It Expands African Energy Portfolio
Positive
Jun 30, 2026
Chariot Limited has published its Annual Report and Accounts for the year ended 31 December 2025, making the documents available on its website and by post to shareholders on request. The release, while primarily procedural, underscores the compan...
Business Operations and StrategyFinancial DisclosuresPrivate Placements and FinancingStock Split
Chariot Boosts African Upstream and Renewables Portfolio in Transformative 2025
Positive
Jun 30, 2026
Chariot reported its audited 2025 final results, highlighting a year of transformation driven by expanded upstream exposure and growing renewable operations across Africa. Against a backdrop of heightened global energy security concerns, the group...
Regulatory Filings and Compliance
Chariot Updates Share Capital After Warrant Exercise
Neutral
Jun 4, 2026
Chariot Limited has issued 650 new ordinary shares following the exercise of warrants, a minor increase in its share capital that reflects the conversion of existing rights rather than a new fundraising. The new shares are expected to be admitted ...
Regulatory Filings and Compliance
Chariot Reports Latest Block Admission and Confirms Share Capital
Neutral
Jun 1, 2026
Chariot Limited has reported its latest block admission return for its Long Term Incentive Share Scheme covering the period from 1 December 2025 to 31 May 2026. During this period, 1,257,251 ordinary shares of 1p each were issued under the scheme,...
Business Operations and StrategyPrivate Placements and Financing
Chariot pivots to upstream growth as Angola deal and renewables financing bolster cash flow
Positive
Apr 8, 2026
Chariot Limited has outlined an updated corporate overview highlighting a strategic pivot toward growing its African upstream portfolio following a recent offshore Angola transaction that secures economic exposure to oil-producing assets and intro...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.