Jersey Oil and Gas (JOG) AI Stock Analysis

Jersey Oil and Gas

(LSE:JOG)

Select Model

Rating:47Neutral

Price Target:GBX 115.00▲(1.61% Upside)

Action:reiterated

Date:10/23/26

The score is primarily constrained by the company's lack of revenue, continuing losses, and negative cash flow. Favorable technical momentum and minimal debt provide support, but they do not offset the fundamental and valuation weaknesses.

Positive Factors

Low LeverageMinimal leverage gives JOG flexibility to fund technical work and respond to project milestones without a large debt-service burden. That conservative financing profile can reduce balance-sheet stress while the company advances North Sea interests toward partnering or development decisions.

Negative Factors

No Reported RevenueJOG reports no revenue across the annual periods provided, so its current business does not demonstrate recurring operating income. Until assets reach production or are monetised, financial progress depends on advancing projects and securing transactions rather than an established sales base.

Jersey Oil and Gas (JOG) vs. iShares MSCI United Kingdom ETF (EWC)

Market Cap: GBP 38.38M
Dividend Yield: ―
Average Volume (3M): 93.44K
Price to Earnings (P/E): -20.9
Beta (1Y): -0.00
Revenue Growth: ―
EPS Growth: -14.17%
Country: UK
Employees: 9
Sector: Energy
Sector Strength: 65
Industry: Oil & Gas Exploration & Production

Jersey Oil and Gas Business Overview & Revenue Model

Company Description

Jersey Oil and Gas Plc engages in the exploration, appraisal, development, and production of oil and gas properties in the North Sea of the United Kingdom. The company holds a 100% interest in the Buchan and J2 project, which include P2498 Blocks 20/...

How the Company Makes Money

JOG’s business model is based on acquiring and progressing equity interests in UK offshore oil and gas licences and discoveries and monetising those interests primarily through value uplift and partnering transactions rather than through delivering o...

Jersey Oil and Gas Financial Statement Overview

Summary

Financial performance is severely weakened by zero revenue, persistent net losses, and deeply negative free cash flow. Low debt and improving cash burn provide limited support, but the underlying financial score remains at the minimum permitted level.

Income Statement

12Very Negative

Balance Sheet

65Positive

Cash Flow

18Very Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0	0	0	0	0	0
Gross Profit	-42.65K	-56.61K	-56.55K	-105.00K	-134.00K	-101.00K
EBITDA	-2.18M	-2.11M	-4.02M	-5.60M	-2.97M	-4.05M
Net Income	-1.84M	-1.71M	-3.54M	-5.59M	-3.11M	-4.22M
Balance Sheet
Total Assets	22.27M	23.01M	24.27M	27.53M	31.24M	35.16M
Cash, Cash Equivalents and Short-Term Investments	10.12M	11.02M	12.34M	10.48M	6.58M	13.04M
Total Debt	0	14.47K	71.31K	126.46K	86.69K	212.21K
Total Liabilities	91.76K	239.99K	384.52K	867.39K	775.49K	2.82M
Stockholders Equity	22.17M	22.77M	23.88M	26.66M	30.47M	32.35M
Cash Flow
Free Cash Flow	-1.17M	-1.10M	-4.10M	-5.09M	-6.33M	-8.47M
Operating Cash Flow	-1.17M	-1.10M	-3.36M	-4.07M	-3.24M	-1.50M
Investing Cash Flow	685.45K	-4.31M	4.12M	3.09M	-3.09M	-6.97M
Financing Cash Flow	-29.64K	-56.83K	-55.16K	-113.55K	-125.52K	16.43M

Jersey Oil and Gas Technical Analysis

Technical Analysis SentimentPositive

Last Price113.18

Price Trends

50DMA107.53Positive

100DMA107.50Positive

200DMA107.06Positive

Market Momentum

MACD4.11Negative

RSI56.82Neutral

STOCH40.19Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:JOG, the sentiment is Positive. The current price of 113.18 is above the 20-day moving average (MA) of 110.50, above the 50-day MA of 107.53, and above the 200-day MA of 107.06, indicating a bullish trend. The MACD of 4.11 indicates Negative momentum. The RSI at 56.82 is Neutral, neither overbought nor oversold. The STOCH value of 40.19 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:JOG.

Jersey Oil and Gas Peers Comparison

Overall Rating

UnderperformOutperform

Sector (65)

Financial Indicators

GB:JOG against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GB:PMG	76Outperform	GBP 21.31M	2.79	28.76%	―	-21.09%	154.18%
Sector *	65Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
GB:JOG	47Neutral	GBP 38.38M	-20.87	-8.19%	―	―	-14.17%
GB:STAR	43Neutral	GBP 38.62M	-23.95	-2.03%	―	2.40%	91.98%
GB:EOG	39Underperform	GBP 18.76M	-17.81	-69.60%	―	―	―
GB:UJO	37Underperform	GBP 2.67M	-0.31	-45.39%	―	-4.12%	-889.83%
GB:ANGS	36Underperform	GBP 14.42M	-17.52	-1.67%	―	-22.80%	95.24%

* Energy Sector Average

Performance Comparison

GB:JOG and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
GB:JOG	Jersey Oil and Gas	117.50	-36.00	-23.45%
GB:ANGS	Angus Energy	0.18	-0.06	-25.00%
GB:EOG	Europa Oil & Gas (Holdings)	1.43	-0.25	-14.93%
GB:STAR	IGas Energy	20.00	11.10	124.72%
GB:PMG	The Parkmead	19.50	6.00	44.44%
GB:UJO	Union Jack Oil	1.82	-1.97	-51.97%

Jersey Oil and Gas Corporate Events

Business Operations and StrategyFinancial Disclosures

Jersey Oil & Gas Interim Update Underscores Financial Strength and GBA Focus

Positive

Sep 29, 2026

Jersey Oil & Gas reported unaudited interim results for the six months to 30 June 2026, highlighting a solid financial position with £10.1 million in cash and no debt. The company’s Buchan stake is fully carried by partners, and it hol...

Business Operations and StrategyRegulatory Filings and Compliance

Jersey Oil & Gas Wins Greater Buchan Licence Extension Amid UK Policy Headwinds

Neutral

Aug 6, 2026

Jersey Oil & Gas has secured a six-month extension to the Second Term of its P2170 Verbier licence from the North Sea Transition Authority, aligning its duration with the P2498 Buchan Horst licence to 28 February 2027. The move supports an integr...

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.

Date of analysis: Oct 23, 2026

Jersey Oil and Gas AI Stock Analysis