Columbus Energy Resources Ord 0.05p

CERP: 3.50 0.00 (0.00%) delayed: 13 Nov 2019, 9:56

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Columbus Energy Resources Ord 0.05p Fundamentals

Share Price Information

Name Columbus Energy Resources Ord 0.05p
Epic CERP
Sector Exploration & Production
ISIN GB00BDGJ2R22
Activites Columbus Energy Resources plc (formerly LGO Energy plc, formerly Leni Gas & Oil plc) is an oil and gas producer and explorer focused on onshore Trinidad with the ambition to grow in South America. The Columbus Energy group has five producing fields, one appraisal/development project and a highly prospective exploration portfolio in the South West Peninsula (SWP), which lies in the extreme southwest of Trinidad and consists of stacked shallow and deep prospects. Columbus is cashflow positive and aims to create transformational growth by developing its portfolio in a capital efficient and disciplined manner. Columbus is guided by the following core values; safe and sustainable, stronger together, creative excellence, positive energy, totally trusted and personally responsible.
Index n/a

Key numbers

Latest Share price (p) 3.50 Net gearing (%) 17.70
Market capitalisation (£m) 29.37 Gross gearing (%) 23.05
Shares in issue (m) 839.01 Debt ratio 7.82
P/E ratio -7.78 Debt-to-equity ratio 0.28
Total dividends per share (p) 0.00 Assets / equity ratio 1.30
Dividend yield (%) 0.00 Price to book value 1.19
Dividend cover 0.00 ROCE (%) -10.10
Earning per share (p) -0.45 EPS growth (%) 52.13
52-week high / low (p) 5.10 / 2.30 DPS growth (%) n/a

Results at a glance

Date Type Turnover (£m) Profit (£m) Basic EPS Currency
31 Dec 2018 Full Year 8 -3 -0.45 GBP
31 Dec 2017 Full Year 5 -5 -0.94 GBP
31 Dec 2016 Full Year 5 -12 -0.21 GBP

Dividend history

Period Ex-date Pay-date Net dividend Currency Total for year

Contact details

Company name Columbus Enery Resources
Address Suite 206, Amadeus House, 27b Floral Street, London WC2E 9DP.
Telephone +44 (0)203 794 9230
Website http://www.columbus-erp.com/

Advisors

Company's broker Beaumont Cornish Limited
Company's joint broker VSA Capital Limited
NOMAD Beaumont Cornish Limited
Registrar Share Registrars Limited
Auditors Chapman Davis LLP
Solicitors Kerman & Co LLP

Directors

Appointed Director Position
10 Jan 2017 Gordon Bowman Stein Chief Financial Officer
22 Dec 2014 Fergus Bruce Jenkins Chief Operating Officer
10 May 2017 Leo Willem Koot Executive Chairman
27 Aug 2014 Michael Stephen Douglas Non-Executive Director

Company financials

Assets (£m) 2018 2017 2016
Reporting date 31 Dec 2018 31 Dec 2017 31 Dec 2016
Tangible assets 3 2 2
Intangible asssets and goodwill 21 18 20
Investments and other non-current assets 3 0 0
Total non-current assets 27 20 22
Inventory / work in progress 1 0 0
Trade and other receivables 3 1 1
Cash and equivalents 2 4 2
Other current assets and asset held for resale 0 0 0
Total of all assets 32 25 25
Liabilities (£m) 2018 2017 2016
Short term liabilities 5 3 3
Long term liabilities 2 2 2
Other liabilites / pension etc 0 0 0
Total of all liabilities 7 5 5
Net assets (£m) 2018 2017 2016
Net assets 25 21 20
Equity (£m) 2018 2017 2016
Share capital 4 4 4
Minority interests 0 0 0
Retained earnings -61 -59 -54
Share premium account 76 69 62
Other equity 6 6 7
Total equity 25 21 20
Cash Flow (£m) 2018 2017 2016
Cash from operating activities -1 -2 -4
Cashflow before financing -3 -4 -5
Increase / decrease in Cash -2 2 -3
Income (£m) 2018 2017 2016
Turnover 8 5 5
Cost of sales 6 5 5
Gross profit 1 0 -0
Operating profit -4 -4 -4
Pre-tax profit -3 -5 -12
Profit / loss for the year -3 -5 -12