Telegraph Investor

TomCo Energy

TOM: 0.07 -0.00 (-3.45%) delayed: 18:15 PM Trade Now
Bid Price 0.06 High Price 0.08
Ask Price 0.08 Low Price 0.06
Open Price 0.07 Spread 25.00%
Prev Close 0.07 Volume 16,358,428

TomCo Energy - Share Price

Intraday
Historic - 6 months

TomCo Energy - Share Price Information

Name TomCo Energy Epic TOM
Sector Oil & Gas Producers ISIN GB0031782278
Activites TomCo Energy plc (formerly Netcentric plc) is a public Isle of Man company, with substantial Oil Shale holdings in the United States. TomCo holds a 100% interest in two Oil Shale leases, comprising 7 blocks covering 2,918 acres (4.6 square miles) in the Uinta Basin, Utah. These are Utah State 'School Leases' rather than Federal (Bureau of Land Management) properties, and are considered more likely to receive development approval. The leases are independently assessed by SRK Consultants Ltd to contain up to 230 million barrels of potentially recoverable oil, of which 123 million barrels are classified as an Indicated Mineral Resource lying on a single 1,000 acre tract at the Holliday Block. TomCo has entered into a license with Red Leaf Resources Inc, which owns the EcoShaleTM extraction process, to use this unique and environmentally sensitive technology to extract oil from TomCo's leases. Having built and tested a small pilot plant, Red Leaf are now planning production with a full scale plant producing 9,500 barrels of oil per day (bopd) . TomCo intends to build and operate a similar EcoShaleTM plant on the Holliday Block lease, and will use the Red Leaf 9,500 bopd project as a foundation for developing its own commercial scale project. Index n/a
Latest Share Price (p) 0.07 Net Gearing (%) -1.09
Market Capitalisation (£m) 1.99 Gross Gearing (%) 1.09
Shares in issue (m) 2,847.19 Debt Ratio 0.00
P/E Ratio -1.75 Debt-to-Equity Ratio 0.00
Total dividends per share (p) 0.00 Assets / Equity Ratio 1.01
Dividend Yield (%) 0.00 Price to book value 0.16
Dividend Cover 0.00 ROCE (%) -5.82
Earning per share (p) -0.04 EPS Growth (%) 0.00
52-week high / low (p) 0.20 / 0.06 DPS Growth (%) n/a

TomCo Energy - Broker Views

Date
Broker
Views
Price
Old Target Price
New Target Price
Notes
19 May
SP Angel
Buy
0.07
-
-
Reiterates
16 Nov
SP Angel
Buy
0.07
-
0.95
Initiates/Starts
10 Feb
Beaufort Securities
Hold
0.07
-
-
Downgrades
12 Sep
Beaufort Securities
Speculative Buy
0.07
-
-
Reiterates
10 Apr
Beaufort Securities
Speculative Buy
0.07
-
-
Reiterates

TomCo Energy - Director Deals

Date
Director
Type
Volume / Price
Trade Value
26 Sep 2014
Paul Rankine
Buy
140,263 / 0.58p
£813.53
26 Sep 2014
Mikka Haromo
Buy
326,673 / 0.55p
£1,796.70
08 Aug 2012
Paul Rankine
Buy
1,295,301 / 1.54p
£19,986.49

TomCo Energy - News