Companies

JKX Oil & Gas (JKX LN)

Business Profile

LSE-listed JKX Oil & Gas is an exploration and production company operating in Ukraine, Russia, Romania and other countries. Ukrainian operations generated 94% of total sales for the company in 2012. The company had proven and probable oil and gas reserves of 93.8 MMboe as of end-2011. In May 2012, JKX launched sales of gas from its Koshekhablovskoye field in Russia acquired in 2007.

Financial Summary

Indicator20142015201620172018E
Sales ($m)14689************
EBITDA ($m)4617************
Net Income ($m)(80)(81)************
Net Debt ($m)108************

Valuation Summary

Indicator20142015201620172018E
P/Eneg.neg.************
P/Sales0.520.85************
EV/EBITDA1.94.9************
P/Book0.270.43************
Prices are quoted in UAH.


*Data available to Dragon Capital's institutional clients only.