Ascent Resources plc (AST) - Financial and Strategic SWOT Analysis Review by GlobalData

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									           Ascent Resources plc (AST) - Financial and Strategic SWOT Analysis
                                         Review
        Reference Code: GDGE7162FSA                                                                                            Publication Date: AUG 2012

          5 Charterhouse Square                            Phone             +44 20 72514905                        Revenue        2.10 (million GBP)
          London, ENG                                      Fax               +44 20 76812680                        Net Profit     -6.30 (million GBP)
          EC1M 6EE                                         Website           www.ascentresources.co.uk              Employees      11
          United Kingdom                                   Exchange          AST [SEATS (AIM Market)]               Industry       Oil & Gas

       Company Overview
       Ascent Resources plc. (Ascent Resources) is an independent energy company. It carries out acquisition, exploration,
       development and production of crude oil and natural gas in the European region. The company is principally focused on low cost
       onshore oil and gas assets with high upside potential. It segregates its assets as producing, development or redevelopment
       projects or appraisal and exploration projects. Ascent Resources principally operates in five countries in Europe, namely
       Hungary, Italy, Netherlands, Slovenia and Switzerland. Further,it has been expanding its exploration and production activities in
       its European working region.
       Key Executives                                                                SWOT Analysis
                      Name                                 Title                      Ascent Resources plc, SWOT Analysis
         John Kenny                          Chairman                                 Strengths                             Weaknesses
         Nigel Moore                         Director
                                                                                      Focused Onshore Projects              Decreased Efficiency Ratios
         Cameron Davies                      Director
                                                                                      Strong Presence in Europe             Declining Margins and Returns
         Jeremy Eng                          Managing Director
         Scott Richardson Brown              Director, Finance
        Source: Annual Report, Company Website, Primary and Secondary
                                                                                      Opportunities                         Threats
        Research, GlobalData
                                                                                      Expansion Activities                  Competitive Pressures
       Share Data
                                                                                      Potential Growth for                  Economic Slowdown
         Ascent Resources plc
                                                                                      Unconventional Oil and Gas
        Share Price (GBP) as on 02-Aug-                                  0.02
        2012
                                                                                     Source: Annual Report, Company Website, Primary and Secondary Research,
        EPS (GBP)                                                       -0.01        GlobalData
        Market Cap (million GBP)                                           28
        Enterprise Value (million GBP)                                     26
        Shares Outstanding (million)                                   1,026
       Source: Annual Report, Company Website, Primary and Secondary
       Research, GlobalData

       Financial Performance                                                         Recent Developments
                                                                                      Jul 10, 2012         Ascent   Resources           Provides    Peneszlek
                                                                                                           Operations Update
                                                                                      May 30, 2012         Ascent Resources Reports Revenue Of £2.1m
                                                                                                           In 2011
                                                                                      Apr 18, 2012         Ascent Resources Finds Gas At PEN-105A
                                                                                                           Sidetrack In Eastern Hungary
                                                                                      Mar 21, 2012         Ascent   Resources           Provides    Peneszlek
                                                                                                           Operations Update
                                                                                     Source: Annual Report, Company Website, Primary and Secondary Research,
                                                                                     GlobalData
       Source: Annual Report, Company Website, Primary and Secondary
       Research, GlobalData




Ascent Resources plc (AST) - Financial and Strategic SWOT                                                                        Reference Code: GDGE7162FSA
Analysis Review
Source : www.globalcompanyintelligence.com                                                                                                                     Page 1
© GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form
       Table of Contents
       Table of Contents ............................................................................................................................................................................... 2
          List of Tables .................................................................................................................................................................................. 4
          List of Figures ................................................................................................................................................................................. 4
       Section 1 - About the Company.......................................................................................................................................................... 5
       Ascent Resources plc - Key Facts...................................................................................................................................................... 5
       Ascent Resources plc - Key Employees ............................................................................................................................................. 6
       Ascent Resources plc - Key Employee Biographies ........................................................................................................................... 7
       Ascent Resources plc - Major Products and Services ........................................................................................................................ 8
       Ascent Resources plc - Key Operational Summary............................................................................................................................ 9
       Ascent Resources plc - History ........................................................................................................................................................ 10
       Ascent Resources plc - Company Statement ................................................................................................................................... 12
       Ascent Resources plc - Locations And Subsidiaries ........................................................................................................................ 14
          Head Office ................................................................................................................................................................................... 14
          Other Locations & Subsidiaries ..................................................................................................................................................... 14
          Joint Venture................................................................................................................................................................................. 14
       Section 2 – Company Analysis ......................................................................................................................................................... 15
       Ascent Resources plc - Business Description .................................................................................................................................. 15
       Ascent Resources plc - Corporate Strategy ..................................................................................................................................... 16
       Ascent Resources plc - SWOT Analysis........................................................................................................................................... 17
          SWOT Analysis - Overview........................................................................................................................................................... 17
          Ascent Resources plc - Strengths ................................................................................................................................................. 17
             Strength - Focused Onshore Projects ....................................................................................................................................... 17
             Strength - Strong Presence in Europe....................................................................................................................................... 17
             Strength - Improved Liquidity .................................................................................................................................................... 17
          Ascent Resources plc - Weaknesses ........................................................................................................................................... 17
             Weakness - Decreased Efficiency Ratios.................................................................................................................................. 17
             Weakness - Declining Margins and Returns ............................................................................................................................. 18
          Ascent Resources plc - Opportunities ........................................................................................................................................... 18
             Opportunity - Expansion Activities ............................................................................................................................................. 18
             Opportunity - Potential Growth for Unconventional Oil and Gas ............................................................................................... 18
             Opportunity - Shift to European Shale Gas ............................................................................................................................... 18
          Ascent Resources plc - Threats .................................................................................................................................................... 19
             Threat - Competitive Pressures ................................................................................................................................................. 19
             Threat - Economic Slowdown .................................................................................................................................................... 19
             Threat - Volatile Oil and Natural Gas Prices.............................................................................................................................. 19
       Ascent Resources plc - Key Competitors ......................................................................................................................................... 20
       Section 3 – Company Financial Ratios ............................................................................................................................................. 21
       Financial Ratios - Capital Market Ratios........................................................................................................................................... 21
       Financial Ratios - Annual Ratios ...................................................................................................................................................... 21
       Performance Chart ........................................................................................................................................................................... 23
       Financial Performance...................................................................................................................................................................... 23
       Financial Ratios - Interim Ratios....................................................................................................................................................... 24
       Financial Ratios - Ratio Charts ......................................................................................................................................................... 25
       Section 4 – Company’s Oil & Gas Financial Deals and Alliances..................................................................................................... 26
          Ascent Resources plc, Oil & Gas, Deals By Year, 2006 to YTD 2012 .......................................................................................... 26


Ascent Resources plc (AST) - Financial and Strategic SWOT                                                                                                        Reference Code: GDGE7162FSA
Analysis Review
Source : www.globalcompanyintelligence.com                                                                                                                                                                Page 2
© GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form
          Ascent Resources plc, Oil & Gas, Deals By Type, 2006 to YTD 2012 .......................................................................................... 27
       Ascent Resources plc, Recent Deals Summary ............................................................................................................................... 28
       Section 5 – Company’s Recent Developments ......................................................
								
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