LON:PHAR

Pharos Energy (PHAR) Share Forecast, Price & News

GBX 22.50

+0.05 (+0.22%)

(As of 06/1/2023 ET)

Compare

Today's Range: 22.50
▼
22.90
50-Day Range: 22.10
▼
24.40
52-Week Range: 17.74
▼
28.70

Volume: 39,269 shs
Average Volume: 408,529 shs
Market Capitalization: £96.99 million

P/E Ratio: 562.50
Dividend Yield: 4.44%
Price Target: GBX 29

Profile Analyst Ratings Chart Competitors Dividend Insider Trades Headlines

Pharos Energy MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 28.9% Upside
GBX 29 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
£2.90 M Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.33 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Pharos Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 29, Pharos Energy has a forecasted upside of 28.9% from its current price of GBX 22.50.
Amount of Analyst Coverage
Pharos Energy has only been the subject of 1 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for PHAR.

1.7

Dividend Strength

Dividend Leadership
Pharos Energy is a leading dividend payer. It pays a dividend yield of 4.47%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Pharos Energy does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Pharos Energy is 2,500.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for PHAR.

1.9

News and Social Media Coverage

News Sentiment
Pharos Energy has a news sentiment score of 0.35. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.49 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Pharos Energy this week, compared to 0 articles on an average week.
Search Interest
Only 1 people have searched for PHAR on MarketBeat in the last 30 days. This is a decrease of -89% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Pharos Energy insiders have sold 353.76% more of their company's stock than they have bought. Specifically, they have bought £6,392.39 in company stock and sold £29,006.22 in company stock.
Percentage Held by Insiders
43.51% of the stock of Pharos Energy is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 36.62% of the stock of Pharos Energy is held by institutions.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Pharos Energy is 562.50, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 132.67.
Price to Earnings Ratio vs. Sector
The P/E ratio of Pharos Energy is 562.50, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 52.19.
Price to Earnings Growth Ratio
Due to a projected decrease in earnings for Pharos Energy, their PEG ratio cannot be calculated.
Price to Book Value per Share Ratio
Pharos Energy has a P/B Ratio of 0.29. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Pharos Energy (LON:PHAR) Stock

Pharos Energy plc engages in the exploration, development, and production of oil and gas properties. The company holds a 30.5% working interest in the Te Giac Trang Field of Block 16-1 located in the shallow water Cuu Long Basin, as well as a 25% working interest in the Ca Ngu Vang field of Block 9-2 located in the shallow water Cuu Long Basin, offshore southern Vietnam; a 70% interest in the Blocks 125 & 126 located in the Phu Khanh Basin, offshore central Vietnam; and a 100% working interest in the onshore El Fayum concession in the Western Desert, Egypt. It also holds a 33.33 % working interest in eight licenses located in Israel. The company was formerly known as SOCO International plc and changed its name to Pharos Energy plc in October 2019. Pharos Energy plc was incorporated in 1997 and is headquartered in London, the United Kingdom.

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PHAR Stock News Headlines

May 25, 2023 | marketwatch.com

Pharos Energy Production in Four Months to April Fell; Backs Guidance

May 18, 2023 | americanbankingnews.com

Sue Rivett Sells 126,114 Shares of Pharos Energy plc (LON:PHAR) Stock

June 1, 2023 | Vantage Point (Ad)

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May 3, 2023 | finance.yahoo.com

Pharos Energy Full Year 2022 Earnings: Revenues Beat Expectations, EPS Lags

April 29, 2023 | americanbankingnews.com

Pharos Energy plc (LON:PHAR) Insider Sue Rivett Buys 4,241 Shares

April 27, 2023 | americanbankingnews.com

Pharos Energy plc (LON:PHAR) Insider Buys £3,450 in Stock

April 14, 2023 | americanbankingnews.com

Pharos Energy (LON:PHAR) PT Lowered to GBX 29

March 29, 2023 | americanbankingnews.com

Pharos Energy plc (LON:PHAR) Insider Sue Rivett Purchases 4,271 Shares

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March 28, 2023 | msn.com

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March 24, 2023 | finance.yahoo.com

Is There An Opportunity With Pharos Energy plc's (LON:PHAR) 47% Undervaluation?

March 24, 2023 | americanbankingnews.com

Jefferies Financial Group Reiterates "Buy" Rating for Pharos Energy (LON:PHAR)

March 23, 2023 | lse.co.uk

Pharos Energy revenue and profit surge; resumes dividend payments

January 12, 2023 | marketwatch.com

Pharos Energy to Resume Dividends as 2022 Production Meets Views

September 16, 2022 | finance.yahoo.com

Little Excitement Around Pharos Energy plc's (LON:PHAR) Earnings

September 14, 2022 | lse.co.uk

Pharos Energy interim profit surges on stronger oil prices

July 20, 2022 | lse.co.uk

Pharos Energy interim revenue up; begins USD3 million buyback

July 20, 2022 | marketwatch.com

Pharos Energy Launches $3 Mln Buyback Due to Current NAV Discount

July 20, 2022 | marketwatch.com

Pharos Energy 1H Revenue Expected to Rise After Portfolio Progress

June 24, 2022 | finance.yahoo.com

Insiders who bought stock earlier this year lose -US$19k as Pharos Energy plc (LON:PHAR) drops to UK£90m

June 21, 2022 | fool.co.uk

How I’ll invest £1,000 in penny stocks in July!

May 19, 2022 | marketwatch.com

Pharos Energy Sees 2022 Egypt Oil Production at 1,350-1,800 B/D -- Energy Comment

April 4, 2022 | finance.yahoo.com

IPR Energy Grabs Two More Licenses In Egypt

March 26, 2022 | ca.finance.yahoo.com

Analysts Just Made A Major Revision To Their Pharos Energy plc (LON:PHAR) Revenue Forecasts

March 16, 2022 | lse.co.uk

EARNINGS UPDATES: Centaur Media swings to profit; LSL profit surges

March 16, 2022 | lse.co.uk

SMALL-CAP WINNERS & LOSERS: China-focused investors track Asia rebound

February 19, 2022 | uk.finance.yahoo.com

Pharos Energy plc (PHAR.L)

See More Headlines

PHAR Price History

30 days | 90 days | 365 days | Advanced Chart

PHAR Company Calendar

Today: 6/01/2023
Ex-Dividend for 7/12 Dividend: 6/15/2023
Dividend Payable: 7/12/2023

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Industry, Sector and Symbol

Stock Exchange: LON
Industry: Oil & Gas E & P
Sub-Industry: N/A
Sector: Oils/Energy
Current Symbol: LON:PHAR
CUSIP: N/A
CIK: N/A
Web: www.pharos.energy
Phone: 44 20 7747 2000
Fax: N/A
Employees: 65
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: GBX 29
High Stock Price Forecast: GBX 29
Low Stock Price Forecast: GBX 29
Forecasted Upside/Downside: +28.9%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX 0.04
Trailing P/E Ratio: 562.50
Forward P/E Ratio: 3.10
P/E Growth: -0.02
Net Income: £24.40 million
Net Margins: 13.23%
Pretax Margin: N/A
Return on Equity: 7.68%
Return on Assets: 10.63%

Debt

Debt-to-Equity Ratio: 22.69
Current Ratio: 1.95
Quick Ratio: 1.72

Sales & Book Value

Annual Sales: £184.40 million
Price / Sales: 0.53
Cash Flow: GBX 9.80 per share
Price / Cash Flow: 2.30
Book Value: GBX 77 per share
Price / Book: 0.29

Miscellaneous

Outstanding Shares: 431,070,000
Free Float: N/A
Market Cap: £96.99 million
Optionable: Not Optionable
Beta: 1.75

Key Executives

Ms. Janice Margaret Brown C.A. (Age 67)
C.T.A., M.A.(Hons), CEO & Director
Comp: $1.15M

Ms. Sue Rivett
CFO & Director

Mr. Edward T. Story Jr. (Age 79)
Ph.D., Pres of Vietnam Bus. & Exec. Director
Comp: $1.1M

Dr. Michael John Watts (Age 66)
Managing Director
Comp: $1.16M

Mohamed Sayed
Group Head of Technical & GM of Middle East

Mr. Vincent Duignan
GM of South East Asia & Group Exploration Mang.

Mr. Robert Harris
Corp. Financial Controller

Mr. Tony Hunter
Company Sec.

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

PHAR Stock - Frequently Asked Questions

Should I buy or sell Pharos Energy stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Pharos Energy in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PHAR shares.
View PHAR analyst ratings or view top-rated stocks.
What is Pharos Energy's stock price forecast for 2023?: 1 Wall Street research analysts have issued 12 month target prices for Pharos Energy's shares. Their PHAR share price forecasts range from GBX 29 to GBX 29. On average, they expect the company's stock price to reach GBX 29 in the next twelve months. This suggests a possible upside of 28.9% from the stock's current price.
View analysts price targets for PHAR or view top-rated stocks among Wall Street analysts.
How have PHAR shares performed in 2023?: Pharos Energy's stock was trading at GBX 23.30 at the beginning of 2023. Since then, PHAR stock has decreased by 3.4% and is now trading at GBX 22.50.
View the best growth stocks for 2023 here.
How often does Pharos Energy pay dividends? What is the dividend yield for Pharos Energy?: Pharos Energy announced a dividend on Wednesday, March 22nd. Investors of record on Thursday, June 15th will be given a dividend of GBX 1 per share on Wednesday, July 12th. This represents a yield of 4.35%. The ex-dividend date of this dividend is Thursday, June 15th. The official announcement can be viewed at this link.
Read our dividend analysis for PHAR.
Is Pharos Energy a good dividend stock?: Pharos Energy (LON:PHAR) pays an annual dividend of GBX 1 per share and currently has a dividend yield of 4.47%. PHAR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 2,500.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for PHAR.

What other stocks do shareholders of Pharos Energy own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Pharos Energy investors own include Avanti Communications Group (AVN), Premier Oil (PMO), Ferrexpo (FXPO), Genel Energy (GENL), UK Oil & Gas (UKOG), Methanex (MX), Sound Energy (SOU), Tullow Oil (TLW), BP (BP) and Rockhopper Exploration (RKH).
What is Pharos Energy's stock symbol?: Pharos Energy trades on the London Stock Exchange (LON) under the ticker symbol "PHAR."
How do I buy shares of Pharos Energy?: Shares of PHAR stock 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.
Compare Top Brokerages Here.
What is Pharos Energy's stock price today?: One share of PHAR stock can currently be purchased for approximately GBX 22.50.
How much money does Pharos Energy make?: Pharos Energy (LON:PHAR) has a market capitalization of £96.99 million and generates £184.40 million in revenue each year. The company earns £24.40 million in net income (profit) each year or GBX 0.04 on an earnings per share basis.
How can I contact Pharos Energy?: Pharos Energy's mailing address is Darwinweg 24, Leiden, Zuid Holland 2333 CR. The official website for the company is www.pharos.energy. The company can be reached via phone at 44 20 7747 2000.

This page (LON:PHAR) was last updated on 6/1/2023 by MarketBeat.com Staff

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Pharos Energy (PHAR) Share Forecast, Price & News

Pharos Energy MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Pharos Energy (LON:PHAR) Stock

PHAR Stock News Headlines

PHAR Price History

PHAR Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

PHAR Stock - Frequently Asked Questions

Overall MarketRank^™