Added to YB: 2026-03-17
Pitch date: 2026-03-14
PXEN.L [bullish]
Prospex Energy Plc
-20.51%
current return
Author Info
The Oak Bloke shares analysis of the UK stock market, particularly overlooked small caps. Sign up for the newsletter.
Company Info
Prospex Energy Plc operates as an oil and gas investment company. Its producing assets are located in Italy, Spain, and Poland.
Market Cap
GBP 13.6M
Pitch Price
GBP 0.04
Price Target
6.15 (+19739%)
Dividend
N/A
EV/EBITDA
N/A
P/E
-4.67
EV/Sales
N/A
Sector
Oil, Gas and Consumable Fuels
Category
value
Fixin' PXEN
PXEN.L: European nat gas explorer/producer at €19m mkt cap vs A$76m peer PVE.AX (63% Selva vs PXEN's 37%), implying 50% arb. El Romeral 100% owned w/ 37.5-153.9 bcf risked resources worth €344m-€2.33bn rev at current TTF €15.2/bcf. Viura 7.24% share: 6.44 bcf reserves, trials testing dynamic model + Utrillas-B zone, €254m potential rev at €130/MWh. Selva gen'd €2.6m after-tax cash 2025. Tesorillo 830-2288 bcf prospective. Trading 8.3x PE vs path to 1-3x on drill success (75% chance/well). Catalysts: Viura trials (Q2 26), Selva 3D seismic (Q2), Romeral EIA approval (late 26), Polish permits. £1.6m raise removes debt overhang.
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