Energean Plc Company Overview and Financials

Energean Plc is an independent oil and gas production company with operations in the Eastern Mediterranean. It was founded in 2010 and is headquartered in London.

The company's focus is on the development of its existing assets, with a strong emphasis on cost efficiency and operational excellence. Its operations are supported by a team of experienced professionals.

Energean has a strong financial position, with a market capitalization of over £3 billion. This provides the company with the necessary resources to execute its growth strategy.

Energean's primary asset is the Karish and Tanin fields, located in the Eastern Mediterranean.

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Energean's sales have been steadily increasing, with a notable jump from 27.12M in 2023 to 1.24B in 2024 in Israel.

In 2024, the company's sales in Europe were 75.62M, a significant drop from 291M in 2023.

Energean's sales in Egypt have been relatively consistent, ranging from 6.77M in 2020 to 185M in 2024.

The company's geographical breakdown of sales is as follows:

Energean's capitalization has fluctuated, ranging from 1.94B in 2021 to 3.46B in 2024, while its P/E ratio has decreased from 7.48x in 2025 to 6.2x in 2026.

Valuation is a crucial aspect of a company's financial health, and it's essential to understand how it's calculated and what it means. The valuation of Energean plc is a complex process, but let's break it down.

The market capitalization of Energean plc has fluctuated over time, ranging from 1.68B to 94.46B. The enterprise value of the company has also varied, with a minimum of 3.96B and a maximum of 804B.

The P/E ratio, which is a key indicator of a company's valuation, has been as low as 6.2x in 2026 and as high as 7.48x in 2025. The EV/Sales ratio has also been calculated, with a minimum of 2.61x in 2026 and a maximum of 3.02x in 2025.

Here's a summary of Energean plc's valuation metrics:

Understanding these metrics can provide valuable insights into Energean plc's financial health and future prospects.

Let's take a look at the company's financials in millions of GBX. The company's revenue in 2022 was 12,432.1 million GBX, a 10% increase from the previous year.

The operating profit was 2,515.6 million GBX, a significant jump from 2021's 1,943.1 million GBX. This indicates a healthier profit margin.

The net income for 2022 was 1,845.9 million GBX, a 15% rise from 2021's 1,605.6 million GBX. This shows the company's ability to generate substantial profits.

The company's cash and cash equivalents stood at 1,354.5 million GBX, providing a solid financial cushion.

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Energean is planning to expand its investments in Egypt, with a focus on exploring untapped natural gas potential in the deeper horizons of the Abu Qir concession area. This move is part of the company's efforts to tap into the region's vast energy resources.

The company has also been involved in a significant asset sale in Egypt, Italy, and Croatia, which has been delayed due to regulatory issues. Despite these challenges, Energean remains committed to closing the deal with Carlyle International Energy Partners.

Here are some key developments related to Energean's investments and acquisitions:

Chariot Limited has acquired Energean plc's Moroccan offshore interests. This transfer includes Energean's full stake in a subsidiary.

Energean's Moroccan offshore interests have been returned to Chariot Limited, an energy group focused on Africa. Chariot announced this news on May 14.

The acquisition marks a significant development in the energy sector, highlighting the shifting landscape of offshore interests.

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Energean is planning further investments in Egypt, with a focus on exploring untapped natural gas potential in the deeper horizons of the Abu Qir concession area.

The company aims to expand its investments in Egypt, building on its existing presence in the West Nile Delta region.

Energean's Egyptian platforms are estimated to hold an additional 3 trillion cubic feet (tcf) of gas, according to the company.

This significant gas reserve is a major incentive for Energean to continue investing in Egypt.

Energean has already made significant progress in Egypt, with the company's CEO, Mathios Rigas, meeting with the Minister of Petroleum and Mineral Resources, Karim Badawi, to discuss expanded energy cooperation.

The meeting highlighted the potential for increased collaboration between Energean and the Egyptian government to develop the country's energy resources.

Here are some key dates related to Energean's activities in Egypt:

These developments demonstrate the ongoing interest in Energean's activities in Egypt, with analysts and investors closely following the company's progress.

Energean has been making headlines recently, and for good reason. The company's earnings results for the half year ended June 30, 2025, were released on September 11, 2025, and they showed a higher profit than expected, despite a fall in revenue.

Energean's production outlook was also lowered, but the company was able to secure $4 billion in new Israeli gas offtake, which should help offset any losses. This news was announced on the same day as the earnings results.

Here are some key dates to keep in mind: Energean's earnings call was held on September 11, 2025, and the company declared a Q2 dividend of 30 US cents per share on the same day. The company also cut its annual production forecast for the second time this year, which was announced on September 11, 2025.

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I've been keeping an eye on the latest news in the energy sector, and I've got some updates for you. Energean plc made headlines on September 11 with a series of announcements.

Energean plc reported its earnings results for the half year ended June 30, 2025, on September 11. The company's net profit beat expectations, despite lowering its production outlook.

Energean also secured $4 billion in new Israeli gas offtake, but conflicts hurt its output. The company declared a Q2 dividend of 30 US cents per share on the same day.

Here are some key statistics on Energean plc and other energy companies:

The stock market reaction to Energean's announcements was positive, with the company's share price increasing by 2.11% over the past 5 days.

Energean plc has issued several press releases in recent months.

One of these releases was on August 7, where Fitch Affirmed Energean plc at 'BB-'; Outlook Stable.

A press release on May 22 announced that resolutions were passed at Energean's AGM.

Energean also made available its LTIP rules, including proposed amendments, to be approved at the 2025 AGM on April 17.

The 2025 AGM Proxy Form and Notice were also released on April 17.

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Minister Karim Badawi held a meeting with Mathios Rigas, CEO of the Greek company Energean, to discuss expanded energy cooperation in Egypt.

Minister Badawi met with Mathios Rigas, Chairman and CEO of Energean, and Nicolas Katcharov, CEO and Chairman of Energean International E&P SpA, to discuss advancing cooperation opportunities.

The meeting took place at the Ministry's headquarters in New Alamein City, where both sides discussed the potential for increased energy collaboration between Egypt and Energean.

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Energean is determined to close its asset sale in Egypt, Italy, and Croatia to Carlyle International Energy Partners, despite regulatory delays.

The agreement may be terminated due to significant risks, but Energean is pushing forward with the sale.

Energean has stated that it will do everything in its power to complete the sale, despite the regulatory hurdles.

Chariot Limited, an energy group focused on Africa, has recently had its Moroccan offshore interests returned, which may be a sign of the company's commitment to its existing projects.

Energean's determination to close the sale is a testament to its confidence in the deal and its ability to navigate complex regulatory issues.

Regulatory delays are a common challenge in the energy industry, but Energean is taking a proactive approach to mitigate the risks and ensure the sale is completed successfully.

Energean has a significant presence in Israel, with sales reaching $940 million in 2023, up from $27.12 million in 2022.

The company also has a notable presence in Europe, with sales of $291 million in 2023, down from $504 million in 2022. This decline suggests that Energean may be shifting its focus to other regions.

In Egypt, Energean's sales have been steadily increasing, reaching $185 million in 2023, up from $213 million in 2022. This growth indicates that the company is expanding its investments in the country.

Here's a breakdown of Energean's sales by region:

Energean plc has a significant presence in several geographic regions. The company's sales have been steadily increasing in these regions, with notable growth in certain areas.

In 2022, Energean's sales in Israel reached $1.24 billion, a significant milestone for the company.

The company's European sales have also seen a substantial increase, with a total of $504 million in 2022.

Energean's sales in Egypt have been steadily growing, reaching $213 million in 2022.

Here's a breakdown of Energean's sales by geography for the years 2020 to 2024:

Energean's sales in Israel have been increasing significantly, with a total of $940 million in 2023 and $1.24 billion in 2024.

The company's European sales, on the other hand, have been fluctuating, with a total of $291 million in 2023 and $75.62 million in 2024.

Energean Italy has resumed production at the Rospo Mare field in the Adriatic Sea, which had been shut down since January 2025 following a platform fire.

The Rospo Mare field is located 20 kilometers off the coast of Italy.

Energean Plc has been the focus of some analyst activity, with RBC cutting its target for M&S and Jefferies raising its target for Ithaca Energy on October 20.

In September 25, Berenberg cut its targets for Energean and Harbour Energy.

Here's a summary of some analyst activity related to Energean:

Egypt has been actively expanding its energy cooperation with international companies, particularly with Energean, a Greek hydrocarbon exploration and production company. This cooperation is a significant step towards meeting Egypt's growing energy demands.

Energean has been making significant investments in Egypt, with plans to explore untapped natural gas potential in the deeper horizons of the Abu Qir concession area in the West Nile Delta region. The company estimates that its Egyptian platforms hold an additional 3 trillion cubic feet of gas.

Minister of Petroleum and Mineral Resources Karim Badawi has been meeting with Energean's CEOs to discuss advancing cooperation opportunities. These meetings have been a key factor in fostering a strong partnership between Egypt and Energean.

Here are some key highlights of Egypt's energy cooperation with Energean:

Egypt's energy cooperation with Energean is a promising development that could lead to increased energy production and a more stable energy supply.

Energean has a strong management team with extensive experience in the energy industry.

The company's Board of Directors includes experienced professionals such as Mathios Rigas, who has a deep understanding of the energy sector.

Energean's management team has a proven track record of delivering complex projects on time and within budget.

The company's focus on operational efficiency has helped to reduce costs and increase profitability.

Energean's governance structure ensures that the company operates in a transparent and accountable manner.

The company's commitment to sustainability and environmental responsibility is evident in its operations and business practices.

Energean's share information is publicly available, making it easy to stay up-to-date on the company's performance.

The company's shares are listed under the name Energean PLC, with a WKN of A2JGLJ and an ISIN of GB00BG12Y042. This information is crucial for investors who want to track the company's stock.

Energean's shares are traded on the stock market, with the company's market capitalization standing at 1.97 billion EUR. This is a significant amount of money, and it's a testament to the company's value and potential for growth.

Here's a summary of Energean's key share information:

Energean's shares are also known as Registered Shs, and they are listed in the UK. This information is essential for investors who want to understand the company's financials and make informed decisions about their investments.

The Aktienkurs, or stock price, is a crucial aspect of share information. It's the current market value of a company's shares.

Energean's Aktienkurs is a good example of this. On a particular day, it was 10,380 EUR.

The volume of shares traded can also give us an idea of market activity. For Energean, the volume on that day was 4,380 thousand shares.

The 52-week high and low are also important metrics to keep in mind. Energean's 52-week high was 13,380 EUR, while its 52-week low was 8,3950 EUR.

Here's a quick summary of Energean's Aktienkurs metrics:

Shares Buy is a crucial aspect of investing, and understanding the key metrics can make a big difference.

For instance, Energean's projected sales per share in 2025 is not specified, but we can look at the trend in previous years: 2.80 in 2021, 4.14 in 2022, 7.96 in 2023, and 7.22 in 2024.

A key metric to consider is the Price-to-Earnings (P/E) ratio, also known as KGV. For Energean, the KGV in 2021 was -21.99, which is a red flag, but in 2022, it jumped to 163.10, indicating a significant increase in the stock's value. The KGV is expected to be 10.87 in 2025.

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Another important aspect is the dividend yield, which is the return an investor can expect from a stock's dividend payments. For Energean, the dividend yield is expected to be 9.84% in 2025, which is a relatively high rate. The dividend per share is also expected to be 1.20 in 2025.

Here's a summary of Energean's projected dividend information:

By considering these metrics, you can make a more informed decision when buying shares.

Energean PLC is a company listed on the market with a significant market capitalization of 1.97 billion EUR.

The company's shares are denominated in GBP, the company's reference currency.

Energean PLC has a substantial number of shares outstanding, with 184.28 million shares in total.

The company's financial year ends in December, which is a common practice in many countries.

Here's a summary of the company's key information:

The company's headquarters are located in London, the capital city of the United Kingdom.

Energean was sued at the Tel Aviv District Court in November 2019 by Tsabar Gas and Oil for NIS 603 million.

The lawsuit claimed that Energean had acted in breach of contract and deprived Tsabar of its rightful share to the Karish and Tanin fields.

Energean denied the claims, asserting it was the sole owner of the rights to the Karish and Tanin gas fields and had acted in complete transparency.

Tsabar sent a strongly worded letter to the Natural Resources Administration Director and Petroleum Commissioner Yossi Wurzburger in November 2019, complaining of allegedly inappropriate conduct by Energean.

Energean disputed the claims made in the letter, denying any wrongdoing.

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