LON:IOGIndependent Oil & Gas Share Price, Forecast & News

GBX 12

+0.25 (+2.13 %)

(As of 05/26/2020 11:18 AM ET)

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Today's Range

11.66

Now: GBX 12▼

50-Day Range

11.25

MA: GBX 12.23▼

13.50

52-Week Range

9.32

Now: GBX 12▼

Volume457,423 shs

Average Volume129,754 shs

Market Capitalization£57.62 million

P/E Ratio3.24

Dividend YieldN/A

BetaN/A

Independent Oil and Gas plc explores for and develops oil and gas properties in the North Sea, the United Kingdom. It primarily focuses on the development of hydrocarbon reserves, as well as the acquisition, trading, and monetization of its license interests. The company 100% working interests in the Blythe gas field in the southern North Sea; the Skipper license located to the south east of the Shetlands in the northern North Sea; and the Nailsworth, Elland, and Southwark fields in the southern North Sea. It also holds 100% working interests in the Harvey and Truman promote license; and the Elgood, Tetley, and Rebellion promote license located in the North Sea. Independent Oil and Gas plc was incorporated in 2010 and is headquartered in London, the United Kingdom.

Beat the Market (BTM) Rank^™

3.5 Analyst's Opinion

Consensus Rating
Independent Oil & Gas has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 37.33, Independent Oil & Gas has a potential upside of 211.1% from its current price of GBX 12.
Amount of Analyst Coverage
Independent Oil & Gas has only been the subject of 2 research reports in the past 90 days.

2.0 Community Rank

Outperform Votes
Independent Oil & Gas has received 216 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Independent Oil & Gas has received 321 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Independent Oil & Gas has received 59.78% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Independent Oil & Gas and other stocks. Vote “Outperform” if you believe IOG will outperform the S&P 500 over the long term. Vote “Underperform” if you believe IOG will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Independent Oil & Gas does not currently pay a dividend.
Dividend Growth
Independent Oil & Gas does not have a long track record of dividend growth.

3.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Independent Oil & Gas insiders have bought more of their company's stock than they have sold. Specifically, they have bought £9,600 in company stock and sold GBX 0 in company stock.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Independent Oil & Gas is 3.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 13.91.
Price to Earnings Ratio vs. Sector
The P/E ratio of Independent Oil & Gas is 3.24, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 5.91.
Price to Book Value per Share Ratio
Independent Oil & Gas has a P/B Ratio of 1.43. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.95 out of 5 stars

Industry, Sector and Symbol

Stock Exchange LON

Industry Oil & Gas E&P

Sub-IndustryN/A

SectorEnergy

Current SymbolLON:IOG

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.independentoilandgas.com

Phone+44-20-32061565

Debt

Debt-to-Equity Ratio222.41

Current Ratio7.49

Quick Ratio2.36

Price-To-Earnings

Trailing P/E Ratio3.24

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesN/A

Price / SalesN/A

Cash FlowGBX 3.55 per share

Price / Cash Flow3.38

Book ValueGBX 8.40 per share

Price / Book1.43

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees18

Outstanding Shares480,172,992

Market Cap£57.62 million

Next Earnings DateN/A

OptionableNot Optionable

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Independent Oil & Gas (LON:IOG) Frequently Asked Questions

How has Independent Oil & Gas' stock been impacted by COVID-19 (Coronavirus)?

Independent Oil & Gas' stock was trading at GBX 13.50 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, IOG stock has decreased by 11.1% and is now trading at GBX 12. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Independent Oil & Gas?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Independent Oil & Gas in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Independent Oil & Gas.

What price target have analysts set for IOG?

2 analysts have issued 1-year price targets for Independent Oil & Gas' stock. Their forecasts range from GBX 32 to GBX 42. On average, they expect Independent Oil & Gas' share price to reach GBX 37.33 in the next year. This suggests a possible upside of 211.1% from the stock's current price. View analysts' price targets for Independent Oil & Gas.

Has Independent Oil & Gas been receiving favorable news coverage?

Press coverage about IOG stock has been trending somewhat negative recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Independent Oil & Gas earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutIndependent Oil & Gas.

Who are some of Independent Oil & Gas' key competitors?

Some companies that are related to Independent Oil & Gas include Enquest (ENQ), Phoenix Global Resources (PGR), Corridor Resources (HWX), Storm Resources (SRX), Africa Energy (AFE), Tamarack Valley Energy (TVE), FAR (FAR), Orca Exploration Group (ORC.B), Tullow Oil (TLW), Iron Bridge Resources (IBR), Rockrose Energy (RRE), Touchstone Exploration (TXP), San Leon Energy (SLE), Sundance Energy Australia (SEA) and Falcon Oil & Gas (FO). View all competitors.

What other stocks do shareholders of Independent Oil & Gas own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Independent Oil & Gas investors own include ReNeuron Group (RENE), UK Oil & Gas (UKOG), Green Plains (GPRE), Momo (MOMO), Premier Oil (PMO), Dignity (DTY), Hurricane Energy (HUR), Nostrum Oil & Gas (NOG), Tri-star Resources (TSTR) and Tullow Oil (TLW).

Who are Independent Oil & Gas' key executives?

Independent Oil & Gas' management team includes the following people:

Mr. Andrew Raymond Hockey, CEO & Director (Age 59)
Mr. Peter Jeremy Young, Head of Bus. Origination (Age 47)
Mr. James Chance, Chief Financial Officer
Mr. Mark Hughes, COO & Director (Age 61)
Mr. Rupert Newall, Head of Corp. Fin.

What is Independent Oil & Gas' stock symbol?

Independent Oil & Gas trades on the London Stock Exchange (LON) under the ticker symbol "IOG."

How do I buy shares of Independent Oil & Gas?

Shares of IOG and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.

What is Independent Oil & Gas' stock price today?

One share of IOG stock can currently be purchased for approximately GBX 12.

How big of a company is Independent Oil & Gas?

Independent Oil & Gas has a market capitalization of £57.62 million. Independent Oil & Gas employs 18 workers across the globe.

What is Independent Oil & Gas' official website?

The official website for Independent Oil & Gas is www.independentoilandgas.com.

How can I contact Independent Oil & Gas?

Independent Oil & Gas' mailing address is 2-8 Victoria Avenue, 10 Arthur Street, LONDON, EC4R 9AY, United Kingdom. The company can be reached via phone at +44-20-32061565.

This page was last updated on 5/26/2020 by MarketBeat.com Staff