Ascent Resources Plc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share N/A
Dividend & YieldN/A£ (N/A)
Beta 0.52
Market capitalization 6.57M
Operating cash flow -1.37M
ESG Scores unknown

Company description

Ascent Resources Plc, together with its subsidiaries, operates as an independent oil and gas exploration and production company in Slovenia and the United Kingdom. It primarily holds a 75% interest in the Petisvoci Tight gas project located in north-eastern Slovenia. The company was incorporated in 2004 and is headquartered in London, the United Kingdom.

Sector: Energy - Industry: Oil & Gas E&P

Financial Ratios
Quick Ratio0.16
Working Capital2.92
Return On Equity-0.07
Debt To Equity0
Fixed Asset Ratio-0.87
Fixed Interest Cover-116.5

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities -184k 71k 232k 75k
Total Cashflows From Investing Activities -706k -6k -3k -3k
Net Borrowings 383k 383k -117k 375k
Total Cash From Financing Activities -1k 1.38M 1.39M 1.46M
Change To Operating Activities 269k 269k 456k 12k
Issuance Of Stock 1.11M 1.11M 1.65M 1.14M
Net Income -1.36M -3.66M -2.83M -1.97M
Change In Cash -345k -299k 38k -18k
Effect Of Exchange Rate 2k
Total Cash From Operating Activities 360k -1.67M -1.35M -1.47M
Depreciation 793k 440k 397k 328k
Change To Account Receivables 530k 152k 188k 42k
Other Cashflows From Financing Activities -1k -122k -145k -58k
Change To Netincome 585k 1.33M 212k 42k
Capital Expenditures -730k -3k -3k -3k

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax -1.36M -3.66M -2.83M -1.97M
Net Income -1.36M -3.66M -2.83M -1.97M
Selling General Administrative 1.76M 2.13M 2.28M 1.6M
Gross Profit 1.17M -164k -120k -19k
Ebit -1.38M -2.74M -2.8M -1.94M
Operating Income -1.38M -2.74M -2.8M -1.94M
Interest Expense -8k -43k -24k -26k
Income Tax Expense
Total Revenue 1.94M 298k
Cost Of Revenue 771k 462k 120k 19k
Total Other Income ExpenseNet 17k -924k -35k -28k
Net Income From Continuing Ops -1.36M -3.66M -2.83M -1.97M
Net Income Applicable To Common Shares -1.36M -3.66M -2.83M -1.97M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 699k 1.1M 1.68M 2.07M
Total Stockholder Equity 43.08M 40.11M 40.99M 38.56M
Other Current Liabilities 44k 5k 506k 466k
Total Assets 43.78M 41.22M 42.67M 40.63M
Common Stock 6.15M 7.6M 7.93M 8M
Other Current Assets 180k
Retained Earnings -38.36M -41.96M -44.59M -46.57M
Treasury Stock 3.64M 2.14M 3.8M 2.1M
Cash 376k 77k 115k 97k
Total Current Liabilities 392k 848k 1.15M 1.23M
Other Stockholder Equity 3.64M 2.14M 3.8M 2.1M
Property, Plant, and Equipment 42.75M 40.65M 41.54M 39.57M
Total Current Assets 792k 331k 181k 105k
Net Tangible Assets 43.08M 40.11M 40.34M 37.91M
Net Receivables 227k 254k 49k 42k
Accounts Payable 282k 392k 573k 581k


Insider Transactions

Here are the insider transactions of stock shares related to Ascent Resources Plc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Spreadex, Ltd.D2022-10-17900k
Spreadex, Ltd.D2022-10-141M
Spreadex, Ltd.D2022-08-16500k
Summers (Jonathan W)D2022-08-152.57M
Spreadex, Ltd.D2022-08-03925.15k
Summers (Jonathan W)D2022-05-05
Spreadex, Ltd.D2022-05-035M
Spreadex, Ltd.D2022-04-21
Spreadex, Ltd.D2022-04-14
Align Research, Ltd.D2022-04-142.35M
Spreadex, Ltd.D2022-03-28700k
Spreadex, Ltd.D2022-02-01
Spreadex, Ltd.D2022-01-31
Parsons (James)Bought at price 0.05 per share.D2021-12-13158.95k
Dennan (Andrew)Bought at price 0.05 per share.D2021-12-13240k
Align Research, Ltd.D2021-04-21
Jamieson Principal Pension FundD2021-04-21
Align Research, Ltd.D2021-03-251M
Align Research, Ltd.D2021-02-1850k
HSBC Bank Plc.D2021-01-2699k
Align Research, Ltd.D2021-01-222.44M
HSBC Bank Plc.D2021-01-12545k
Ainsworth (Ewen)D2020-12-31
Dennan (Andrew)D2020-12-31
Parsons (James)D2020-12-31
Parsons (James)Bought at price 0.08 per share.D2020-12-14174.15k
Parsons (James)Bought at price 0.08 per share.D2020-12-10167.8k
HSBC Bank Plc.D2020-12-09
Align Research, Ltd.D2020-12-074.8M
HSBC Bank Plc.D2020-12-01
Spreadex, Ltd.D2020-11-26150k
Spreadex, Ltd.D2020-11-05
Staten (Mike)D2020-11-05100k
Summers (Jonathan W)D2020-11-05
Jamieson Principal Pension FundD2020-10-30
Align Research, Ltd.D2020-10-301.82M
Summers (Jonathan W)D2020-10-291.5M

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Ascent Resources Plc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Ascent Resources Plc

Here is the result of two systematic investment strategies applied to Ascent Resources Plc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Ascent Resources Plc

The following chart shows the equity curve of the two systematic investment strategies applied to Ascent Resources Plc:

Ascent Resources Plc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 27473.42% on the backtest period.

Performance at glance

Performance

27473.42 %

Latent gain

481197.5 £

Invested capital

1751.5 £

Annualized return

6604.19 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on Ascent Resources Plc

This is the result of two momentum investment strategies applied to Ascent Resources Plc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Ascent Resources Plc

The following chart shows all the entries opened by the momentum investment system on Ascent Resources Plc:

Ascent Resources Plc momentum entries
  • The first momentum investment strategy would give 74072.59% of return on Ascent Resources Plc. That represents 1295494.1£ of latent gain with 1748.95£ of employed capital.
  • The second momentum investment strategy would give 74410.14% of return on Ascent Resources Plc. That represents 1302467.66£ of latent gain with 1750.39£ of employed capital.
Performance at glance (1Q Momentum)

Performance

74072.59 %

Latent gain

1295494.1 £

Invested capital

1748.95 £

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

74410.14 %

Latent gain

1302467.66 £

Invested capital

1750.39 £

Annualized return

20220.15 %

Momentum equity curve on Ascent Resources Plc

The following chart shows the equity curve of the two momentum strategies applied to Ascent Resources Plc:

Ascent Resources Plc momentum equity

Note: the dividends potentially given by Ascent Resources Plc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Ascent Resources Plc

The following chart shows the employed capital evolution of the two momentum strategies on Ascent Resources Plc since the beginning:

Ascent Resources Plc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250£, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000£.


Buy the dip strategy result on Ascent Resources Plc

Buy the dip entry openings on Ascent Resources Plc

Ascent Resources Plc

The performance achieved by the robo-advisor on Ascent Resources Plc is 0%. That represents 0.0$ of latent gain with 0.0£ of employed capital. The following chart shows Ascent Resources Plc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Ascent Resources Plc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 £

Invested capital

0.0 £

Annualized return

0.0 %

Equity curve of the strategy applied to Ascent Resources Plc

The following chart shows the result of the investment strategy applied to Ascent Resources Plc:

Ascent Resources Plc

Note: the dividends potentially given by Ascent Resources Plc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Ascent Resources Plc

The following chart shows the employed capital evolution since the beginning of the investment strategy on Ascent Resources Plc:

Ascent Resources Plc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Ascent Resources Plc

In this section, I will compare the three previous investment strategies applied to Ascent Resources Plc.

Equity curve comparison on Ascent Resources Plc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Ascent Resources Plc investment strategy comparison

Employed capital comparison on Ascent Resources Plc

Ascent Resources Plc investment comparison

Performance comparison on Ascent Resources Plc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 27473.42% 481197.5£ 1751.5£ 6604.19%
Momentum 1 quarter 74072.59% 1295494.1£ 1748.95£ 18896.07%
Momentum 2 quarters 74410.14% 1302467.66£ 1750.39£ 20220.15%
Non-directional 0% 0.0£ 0.0£ 0.0%
Annualized return comparison

Automatic investment

6604.19 %

Momentum 1Q

20220.15 %

Momentum 2Q

20220.15 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Ascent Resources Plc:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Ascent Resources Plc and the other stocks. There may be false positives or some missing correlated stocks. If the price of Ascent Resources Plc does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Ascent Resources Plc
Country United Kingdom
City London
Address 5 New Street Square
Phone 44 20 7251 4905
Website www.ascentresources.co.uk
FullTime employees 7
Industry Oil & Gas E&P
Sector Energy
Exchange XLON
Ticker AST.XLON
Market www.londonstockexchange.com

Ascent Resources Plc ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown