Added to YB: 2024-04-22
Pitch date: 2024-04-21
STAR.L [bullish]
Star Energy Group Plc
-21.4%
current return
Author Info
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Company Info
Star Energy Group Plc operates as an oil and gas exploration, development, processing, and production company in the United Kingdom.
Market Cap
GBP 12.8M
Pitch Price
GBP 0.11
Price Target
0.75 (+733%)
Dividend
N/A
EV/EBITDA
1.35
P/E
-2.82
EV/Sales
0.45
Sector
Oil, Gas and Consumable Fuels
Category
value
Unknown, Unpopular, Underrated. - Star Energy Group Plc
STAR.L: UK O&G producer trades at 1.7x 2023 P/E, 2.2x 2024 P/E. H1 2023: £9.4M adj EBITDA, £23.8M rev, £4M net debt (down from £9.7M). £259M tax loss carryforwards. Expects higher 2024 earnings vs MarketScreener est of £43.8M. 75p PT (+578%). Catalyst: 2023 results on April 24, 2024.
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