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Union Jack Oil
(LSE:UJO)
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Rating:45Neutral
Price Target:
3.00 p
▼(-4.76% Downside)
Action:Reiterated
Date:08/28/26
The score is held down primarily by weak recent financial performance, driven by the 2025 swing to a large loss and negative operating/free cash flow. Technicals add further pressure as the stock trades below key moving averages with negative MACD and low RSI. The balance sheet’s zero-debt position provides a partial offset, while valuation is difficult to assess given negative earnings and no dividend yield data.
Positive Factors
Debt-Free Balance Sheet
The absence of reported debt limits refinancing and interest-rate exposure, preserving financial flexibility as the company manages exploration, development and production commitments.
Negative Factors
Sharp Profitability Deterioration
The move from profit to a substantial loss indicates that current asset economics are not supporting stable earnings. Sustained weakness would reduce reinvestment capacity and increase dependence on portfolio actions or external funding.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-Free Balance Sheet
The absence of reported debt limits refinancing and interest-rate exposure, preserving financial flexibility as the company manages exploration, development and production commitments.
Read all positive factors
Union Jack Oil (UJO) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£4.40M
Dividend Yield1.61%
Average Volume (3M)341.66K
Price to Earnings (P/E)―
Beta (1Y)-1.29
Revenue Growth-36.65%
EPS Growth-1031.15%
CountryUK
Employees4
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)-0.06
Shares Outstanding146,565,900
10 Day Avg. Volume337,701
30 Day Avg. Volume341,658
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.16
Price to Sales (P/S)1.09
P/FCF Ratio-0.85
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)£4.20M
Union Jack Oil Business Overview & Revenue Model
Company Description
Union Jack Oil plc is an onshore oil and gas entity operating within the United Kingdom. The company's principal activities encompass the production, drilling, development, and strategic investment in hydrocarbon ventures. Since its incorporation ...
How the Company Makes Money
UJO makes money primarily by earning its proportional share of hydrocarbons produced from the fields and licences in which it holds working interests. Revenue is generated when oil and/or gas is sold by the field operator; UJO then receives its ne...
Union Jack Oil Financial Statement Overview
Summary
Income Statement
38
Negative
Balance Sheet
72
Positive
Cash Flow
34
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 2.49M | 3.93M | 5.07M | 8.51M | 1.89M |
| Gross Profit | 691.00K | 1.97M | 3.30M | 5.10M | 782.56K |
| EBITDA | -1.27M | 562.42K | 1.74M | 5.23M | -223.24K |
| Net Income | -7.03M | 649.21K | 859.09K | 3.61M | -853.01K |
Balance Sheet | |||||
| Total Assets | 19.08M | 23.85M | 24.18M | 26.36M | 24.47M |
| Cash, Cash Equivalents and Short-Term Investments | 1.46M | 2.53M | 5.20M | 7.16M | 5.98M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 2.25M | 1.98M | 2.28M | 3.36M | 4.27M |
| Stockholders Equity | 16.83M | 21.87M | 21.90M | 23.01M | 20.21M |
Cash Flow | |||||
| Free Cash Flow | -3.22M | -3.72M | -597.12K | 2.35M | -3.88M |
| Operating Cash Flow | -669.59K | 344.37K | 1.98M | 5.92M | -579.71K |
| Investing Cash Flow | -2.40M | -2.75M | -2.10M | -3.66M | -3.40M |
| Financing Cash Flow | 2.00M | -266.42K | -1.84M | -1.08M | 2.69M |
Union Jack Oil 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% | |
52 Neutral | £40.55M | -3.78 | -19.41% | ― | -20.46% | 35.99% | |
46 Neutral | £15.22M | -17.52 | -1.67% | ― | -22.80% | 95.24% | |
45 Neutral | £4.40M | -0.53 | -36.79% | 1.61% | -36.65% | -1031.15% | |
42 Neutral | £9.57M | -0.92 | -22.43% | 4.20% | ― | -130.30% |
* Energy Sector Average
GB:UJO
Union Jack Oil
3.00
-2.15
-41.75%
GB:ANGS
Angus Energy
0.19
-0.05
-20.83%
GB:STAR
IGas Energy
21.00
14.50
223.08%
GB:RBD
Reabold Resources
66.00
13.50
25.71%
GB:UKOG
UK Oil & Gas Investments
0.01
0.00
0.00%
Union Jack Oil Corporate Events
Business Operations and StrategyExecutive/Board ChangesStock BuybackFinancial DisclosuresShareholder Meetings
Union Jack Oil investors block capital restructuring at adjourned AGM
Negative
Aug 24, 2026
Union Jack Oil’s adjourned AGM on 24 August 2026 saw shareholders approve the 2025 annual accounts, the re‑election of director John Alec Americanos and the appointment of Craig Robert Howie to the board. Crowe U.K. LLP was re‑ap...
Business Operations and StrategyExecutive/Board ChangesShareholder Meetings
Union Jack Oil shareholders force board shake-up with return of former directors
Positive
Aug 24, 2026
Union Jack Oil plc has undergone a significant board overhaul following a requisitioned general meeting in which shareholders voted by around 90% majorities to remove three existing directors and appoint two former directors back to the board. New...
Business Operations and StrategyM&A Transactions
Union Jack Board Stands Behind Reabold Takeover as Shareholder Opposition Grows
Negative
Aug 5, 2026
Union Jack Oil has confirmed that Reabold Resources is proceeding with a recommended all-share takeover offer, formalised in an offer document distributed to shareholders under the UK Takeover Code. The proposal would see Union Jack shareholders e...
Business Operations and StrategyM&A Transactions
Union Jack Board Backs Reabold Bid as Key Shareholders Reject Current Terms
Negative
Jul 31, 2026
Union Jack Oil has confirmed that Reabold Resources’ recommended all-share offer for the company is now formally open to shareholders under the U.K. Takeover Code. However, a key Union Jack shareholder group holding 14.09% of the voting righ...
M&A TransactionsRegulatory Filings and Compliance
Union Jack Oil Corrects Director Dealings Disclosure Amid Reabold Takeover Offer
Neutral
Jul 31, 2026
Union Jack Oil disclosed that its takeover offer from Reabold Resources, announced earlier in July, is proceeding with the formal offer document now in circulation to shareholders. The transaction is structured as an all-share offer under the U.K....
Executive/Board ChangesM&A TransactionsShareholder Meetings
Union Jack Oil Board Resists Shareholder-Led Meeting Amid Takeover Offer
Negative
Jul 27, 2026
Union Jack Oil has called a requisitioned general meeting for 24 August 2026 in London after a group of shareholders holding 14.09% of voting rights demanded board changes shortly after an all-share offer from Reabold Resources. The board will cir...
Business Operations and StrategyExecutive/Board ChangesShareholder Meetings
Shareholders Move to Replace Union Jack Oil Board
Negative
Jul 8, 2026
Union Jack Oil has received a shareholder requisition dated 7 July 2026 from investors holding about 14.09% of its voting rights, seeking a general meeting to overhaul the board. The proposed resolutions call for the removal of current directors D...
Business Operations and StrategyExecutive/Board ChangesM&A TransactionsShareholder Meetings
Union Jack Oil Delays AGM Amid Board Threat and Reabold Takeover Offer
Negative
Jul 7, 2026
Union Jack Oil has further delayed its adjourned annual general meeting, which was originally set for 26 June 2026 and postponed following Reabold Resources’ recommended all-share takeover offer. The rescheduled AGM will be held five busines...
Executive/Board Changes
Union Jack Oil Announces Immediate Boardroom Change
Neutral
Jun 26, 2026
Union Jack Oil has announced a change to its board, stating that the office of Non-Executive Director John Americanos has been vacated by resolution of the board with immediate effect. The departure represents a governance change at the AIM-quoted...
Business Operations and StrategyM&A TransactionsShareholder Meetings
Union Jack Oil adjourns AGM amid potential Reabold takeover
Neutral
Jun 26, 2026
Union Jack Oil has adjourned its Annual General Meeting, which had been scheduled for today, citing the need to reassess AGM resolutions in light of a potential transaction. The move follows receipt of a non-binding indicative all-share offer from...
Business Operations and Strategy
Union Jack Oil Deems Oklahoma Crossroads Well Non-Commercial
Negative
Jun 19, 2026
Union Jack Oil has provided an operational update on the Crossroads well in Garvin County, Oklahoma, where it holds a 43% working interest. The well encountered hydrocarbon shows across several formations, from the Hoxbar to the Basal McLish inter...
Business Operations and StrategyM&A TransactionsRegulatory Filings and Compliance
Union Jack Oil Confirms Possible All-Share Approach From Reabold Resources
Neutral
Jun 15, 2026
Union Jack Oil has confirmed it received a non-binding, indicative all-share proposal from Reabold Resources for the entire share capital of the company. The board has evaluated the approach with advisers, granted Reabold due diligence access and ...
Business Operations and StrategyPrivate Placements and Financing
Union Jack Oil secures £1m Egdon loan backed by Wressle field
Positive
Jun 8, 2026
Union Jack Oil has agreed a secured term loan facility of £1 million with Egdon Resources to bolster working capital for general corporate purposes. The 24‑month loan is secured against Union Jack’s interests in the Wressle oilfie...
Business Operations and StrategyExecutive/Board Changes
Union Jack Oil Director Resigns but Remains in Technical Role
Negative
Jun 3, 2026
Union Jack Oil has announced the immediate resignation of non-executive director Graham Bull, who will nonetheless continue to provide technical services to the company. The move follows what Bull described as a detrimental impact on him and his f...
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.