Risk factor
Considerable default risk
Profitability factor
Weak margins and returns
About
Energean plc is an energy company primarily focused on discovering, developing, and extracting oil and natural gas. Its operations are structured across four principal segments: Europe, Israel, Egypt, and emerging markets (New Ventures), with a notable presence throughout the Eastern Mediterranean region. The company's most significant undertaking is the Karish and Tanin field development, situated offshore Israel. Energean boasts substantial reserves, holding 965 million barrels of oil equivalent classified as proven, probable, and contingent resources. Beyond its core activities, it also provides financial services and possesses a license for gas transportation. Established in 2007, the company, formerly known as Energean Oil & Gas plc, adopted its current name, Energean plc, in May 2020, and its headquarters are located in London, United Kingdom.
Company Valuation
From both historical and forecast perspectives, the stock is moderately underpriced compared to similar stocks. In particular, the stock is underpriced on P/E, 'cheap' on
Target Price
The average target price of ENOG.L is 894 and suggests 25.6% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc