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Jersey Oil and Gas
(LSE:JOG)
Select Model
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Rating:48Neutral
Price Target:
97.00 p
▼(-7.62% Downside)
Action:Reiterated
Date:08/19/26
The score is held back primarily by weak financial performance (no revenue, persistent losses, and negative free cash flow), only partially offset by a very low-debt balance sheet and improved loss/cash-burn trend in 2025. Technical signals are mixed-to-neutral, providing limited support, while valuation is constrained by negative earnings and no dividend yield data.
Positive Factors
Very low leverage
Minimal leverage gives JOG greater financial flexibility as it advances North Sea assets and manages project funding needs. Low debt reduces interest and refinancing pressure, while preserving capacity to direct available capital toward technical work, regulatory milestones, and partnerships.
Negative Factors
No operating revenue
The absence of revenue means JOG currently lacks an operating income stream to fund its activities or demonstrate commercial scale. Its financial outcome therefore depends on advancing and monetising offshore interests, making progress toward development, production, or transactions critical to future earnings.
Read all positive and negative factors
Positive Factors
Negative Factors
Very low leverage
Minimal leverage gives JOG greater financial flexibility as it advances North Sea assets and manages project funding needs. Low debt reduces interest and refinancing pressure, while preserving capacity to direct available capital toward technical work, regulatory milestones, and partnerships.
Read all positive factors
Jersey Oil and Gas (JOG) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£33.65M
Dividend YieldN/A
Average Volume (3M)59.07K
Price to Earnings (P/E)―
Beta (1Y)0.03
Revenue GrowthN/A
EPS Growth-14.17%
CountryUK
Employees9
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)-0.06
Shares Outstanding32,667,625
10 Day Avg. Volume71,079
30 Day Avg. Volume59,070
Financial Highlights & Ratios
PEG Ratio0.32
Price to Book (P/B)1.24
Price to Sales (P/S)0.00
P/FCF Ratio-25.80
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)-0.05
Revenue Forecast (FY)N/A
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 ...
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 deliverin...
Jersey Oil and Gas Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
72
Positive
Cash Flow
24
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 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 | 0.00 | 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
Negative
105.00
Price Trends
108.54
Negative
104.37
Negative
105.41
Negative
Market Momentum
-2.01
Negative
43.87
Neutral
30.95
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:JOG, the sentiment is Negative. The current price of 105 is above the 20-day moving average (MA) of 102.78, below the 50-day MA of 108.54, and below the 200-day MA of 105.41, indicating a bearish trend. The MACD of -2.01 indicates Negative momentum. The RSI at 43.87 is Neutral, neither overbought nor oversold. The STOCH value of 30.95 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:JOG.
Jersey Oil and Gas Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | £21.03M | 2.76 | 28.76% | ― | -21.09% | 154.18% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
48 Neutral | £33.65M | -17.76 | -8.19% | ― | ― | -14.17% | |
46 Neutral | £14.62M | -17.52 | -1.67% | ― | -22.80% | 95.24% | |
46 Neutral | £22.38M | -8.50 | -78.82% | ― | ― | ― | |
45 Neutral | £4.10M | -0.48 | -45.39% | 1.61% | -4.12% | -889.83% | |
43 Neutral | £36.69M | -25.18 | -2.03% | ― | 2.40% | 91.98% |
* Energy Sector Average
GB:JOG
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-22.48%
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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 holds...
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 integrat...
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.