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Union Jack Oil (UJO) AI Stock Analysis

23 Followers
GB:UJO

Union Jack Oil

(LSE:UJO)

Select Model
Rating:39Underperform
Price Target:GBX 1.50â–¼(-21.05% Downside)
Action:reiterated
Date:10/17/26

The low score is driven primarily by deteriorating profitability and cash generation, despite a debt-free balance sheet and meaningful equity cushion. Bearish technical trends and negative earnings-based valuation further weaken the outlook, while oversold momentum provides only limited potential support.

Positive Factors
Debt-Free Balance SheetThe absence of reported debt limits refinancing and interest-rate exposure, preserving financial flexibility for licensing, appraisal, development, and production activities. Although equity has weakened, a debt-free structure gives the company greater capacity to manage volatility without mandatory lender repayments.
Negative Factors
Sharp Profitability DeteriorationThe latest annual results show a severe deterioration in earnings quality, combining lower revenue with a move from profit to a large net loss and negative operating profitability. This weakens internally generated capital, increases earnings volatility, and makes near-term recovery dependent on improved operating performance.

Union Jack Oil (UJO) vs. iShares MSCI United Kingdom ETF (EWC)

-50%-25%0%25%50%75%GB:UJO-38.71%EWC+21.04%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
GBP 2.78M
Dividend Yield
―
Average Volume (3M)
360.71K
Price to Earnings (P/E)
-0.3
Beta (1Y)
-1.43
Revenue Growth
-4.12%
EPS Growth
-889.83%
Country
UK
Employees
4
Sector
Energy
Sector Strength
65
Industry
Oil & Gas Exploration & Production

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 in...

How the Company Makes Money

UJO makes money primarily by earning its proportionate share of revenues from hydrocarbons produced and sold from the onshore UK fields in which it owns working interests (typically as a non-operator). In practice, the field operator markets the prod...

Union Jack Oil Financial Statement Overview

Summary

Financial performance is weak overall: the income statement score is 18 and cash flow score is 25, reflecting sharply lower revenue, a large 2025 loss, negative operating cash flow, and sustained free-cash-flow pressure. The debt-free balance sheet and solid equity base, reflected in a score of 72, provide an important offset.

Income Statement

18Very Negative

Balance Sheet

72Positive

Cash Flow

25Negative
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue2.76M2.49M3.93M5.07M8.51M1.89M
Gross Profit794.94K691.00K1.97M3.30M5.10M782.56K
EBITDA-1.10M-1.27M562.42K1.74M5.23M-223.24K
Net Income-7.44M-7.03M649.21K859.09K3.61M-853.01K
Balance Sheet
Total Assets19.00M19.08M23.85M24.18M26.36M24.47M
Cash, Cash Equivalents and Short-Term Investments1.53M1.46M2.53M5.20M7.16M5.98M
Total Debt1.00M00000
Total Liabilities3.07M2.25M1.98M2.28M3.36M4.27M
Stockholders Equity15.93M16.83M21.87M21.90M23.01M20.21M
Cash Flow
Free Cash Flow-2.14M-3.22M-3.72M-597.12K2.35M-3.88M
Operating Cash Flow-934.60K-669.59K344.37K1.98M5.92M-579.71K
Investing Cash Flow-1.95M-2.40M-2.75M-2.10M-3.66M-3.40M
Financing Cash Flow3.00M2.00M-266.42K-1.84M-1.08M2.69M

Union Jack Oil Technical Analysis

Technical Analysis SentimentNegative
Last Price1.90

Price Trends

50DMA2.41Negative
100DMA2.95Negative
200DMA3.34Negative

Market Momentum

MACD-0.13Negative
RSI34.22Neutral
STOCH55.56Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:UJO, the sentiment is Negative. The current price of 1.90 is above the 20-day moving average (MA) of 1.82, below the 50-day MA of 2.41, and below the 200-day MA of 3.34, indicating a neutral trend. The MACD of -0.13 indicates Negative momentum. The RSI at 34.22 is Neutral, neither overbought nor oversold. The STOCH value of 55.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:UJO.

Union Jack Oil Peers Comparison

Overall Rating

UnderperformOutperform
Sector (65)

Financial Indicators

GB:UJO against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *65Neutral$15.17B7.614.09%5.20%3.87%-62.32%
GB:STARGB:STAR40UnderperformGBP 31.87M-19.88-2.03%―2.40%91.98%
GB:UJOGB:UJO39UnderperformGBP 2.78M-0.33-45.39%―-4.12%-889.83%
GB:RBDGB:RBD38UnderperformGBP 8.41M-0.83-22.10%――-150.68%
GB:ANGSGB:ANGS36UnderperformGBP 14.02M-17.52-1.67%―-22.80%95.24%

* Energy Sector Average

Performance Comparison

0%100%200%GB:UJOGB:ANGSGB:STARGB:RBDDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
GB:UJO and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
GB:UJOUnion Jack Oil1.90-1.35-41.54%
GB:ANGSAngus Energy0.17-0.07-27.08%
GB:STARIGas Energy17.258.75102.94%
GB:RBDReabold Resources58.0013.0028.89%

Union Jack Oil Corporate Events

Business Operations and StrategyExecutive/Board ChangesFinancial DisclosuresM&A TransactionsPrivate Placements and FinancingShareholder Meetings

Union Jack Oil tightens governance and costs as new Board resists Reabold bid

Positive
Sep 29, 2026

Union Jack Oil reported unaudited first-half 2026 revenues of £1.56m, up more than 20% year on year, with gross profit rising to £0.56m and administrative expenses edging lower. The adjusted net loss before impairment narrowed to £0.42m, while the co...

Business Operations and StrategyM&A Transactions

Union Jack Bolsters Shareholder Resistance to Reabold Takeover Bid

Negative
Sep 24, 2026

Union Jack’s new board has reinforced its opposition to Reabold’s recommended all-share offer, arguing that the bid significantly undervalues the company and does not provide an adequate control premium. The board, backed by independent advice from S...

Business Operations and StrategyExecutive/Board ChangesM&A TransactionsShareholder Meetings

Union Jack Oil strengthens resistance to Reabold takeover bid

Negative
Sep 16, 2026

Union Jack Oil’s new board, installed after shareholders voted to remove the former directors in August, has withdrawn its previous recommendation of Reabold’s all-share takeover offer and formally rejected the bid. The company recently published a c...

Business Operations and StrategyExecutive/Board ChangesM&A Transactions

Union Jack’s New Board Rallies Shareholders to Reject Reabold Takeover Bid

Negative
Sep 11, 2026

Union Jack Oil’s newly appointed board has formally rejected an all-share takeover offer from Reabold, publishing a rejection circular for shareholders. The board argues the proposal significantly undervalues the company and urges investors not to re...

Business Operations and Strategy

Union Jack Oil Notes Commencement of Work at West Newton

Positive
Sep 9, 2026

Union Jack Oil has announced the start of work at the West Newton project, following an update released by operator Reabold Resources. The company highlighted its 16.665% working interest in the licence, underlining its participation in the next phas...

Business Operations and Strategy

Union Jack Oil Adds Zeus Capital as Joint Broker to Bolster Market Support

Positive
Sep 8, 2026

Union Jack Oil has appointed Zeus Capital Limited as a joint broker, expanding its advisory and brokerage team alongside existing partner SP Angel Corporate Finance. The move strengthens the company’s capital markets support structure at a time when...

Business Operations and StrategyExecutive/Board ChangesM&A Transactions

Union Jack Oil’s New Board Reviews Reabold Takeover Offer

Neutral
Sep 4, 2026

Union Jack Oil plc is a UK-focused onshore oil and gas explorer and producer, whose assets and operations have attracted interest from sector peers and investors. The company recently experienced a significant board reshuffle, with former directors r...

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‑appointed as auditor an...

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. Newly...

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 exch...

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 rights has is...

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. Ta...

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 17, 2026