Caspian Sunrise (CASP)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

3.38p
   
  • Change Today:
      0.030p
  • 52 Week High: 4.55
  • 52 Week Low: 2.30
  • Currency: UK Pounds
  • Shares Issued: 2,254.98m
  • Volume: 788,126
  • Market Cap: £76.22m

Roxi Petroleum swings to profit in 2014 on exceptionals

Date: Tuesday 23 Jun 2015

LONDON (ShareCast) - Oil and gas explorer Roxi Petroleum swung to an annual pre-tax profit in 2014, after reversing an impairment charge it booked in the previous year.
The Kazakhstan-focused group posted a $20.1m pretax profit in 2014, compared with a $9m loss in 2013 on the back of the reversal of a $25m impairment charge.

Annual revenue rose 67.2% year-on-year to $1.6m, while administrative expenses fell 9.3% to $4.9m and finance costs dropped to $0.96m from $4.3m.

The London-listed group said its 2015 drilling programme will be fully funded by the proceeds from the sale of its interest in the Galaz project and the income from oil sales, adding its "sole objective" in 2015 is to achieve a production rate of 4,000 barrels per day from its BNG project.

"Provided our deep wells at BNG start producing consistently and despite the fall in the oil price Roxi management expect income to rise during 2015, as oil is produced during the testing phase of the deep wells at BNG," the group said in a statement on Tuesday.

The oil explorer added that while expenses and costs are not expected to fall this year, depending on the performances of the BNG wells, the company will be in a "materially stronger position at the end of 2015".

Roxi shares were down 8.57% to 16.00p at 09:45 on Tuesday.

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CASP Market Data

Currency UK Pounds
Share Price 3.38p
Change Today 0.030p
% Change 0.90 %
52 Week High 4.55
52 Week Low 2.30
Volume 788,126
Shares Issued 2,254.98m
Market Cap £76.22m

CASP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
21.84% below the market average21.84% below the market average21.84% below the market average21.84% below the market average21.84% below the market average
15.79% below the sector average15.79% below the sector average15.79% below the sector average15.79% below the sector average15.79% below the sector average
Price Trend
12.08% below the market average12.08% below the market average12.08% below the market average12.08% below the market average12.08% below the market average
30.00% above the sector average30.00% above the sector average30.00% above the sector average30.00% above the sector average30.00% above the sector average
Income Not Available
Growth
52.71% above the market average52.71% above the market average52.71% above the market average52.71% above the market average52.71% above the market average
37.25% above the sector average37.25% above the sector average37.25% above the sector average37.25% above the sector average37.25% above the sector average

CASP Dividends

  Latest Previous
  4th Interim 3rd Interim
Ex-Div 02-Mar-23 19-Jan-23
Paid 23-Mar-23 16-Feb-23
Amount 0.044p 0.044p

Trades for 17-Jun-2024

Time Volume / Share Price
13:49 200,000 @ 3.25p
13:36 100,000 @ 3.36p
13:35 100,000 @ 3.36p
11:59 40,000 @ 3.37p
11:47 50,000 @ 3.24p

CASP Key Personnel

CEO Kuat Rafikuly Oraziman

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