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

Indicator20132014201520162017E
Sales ($m)181146************
EBITDA ($m)6646************
Net Income ($m)7(80)************
Net Debt ($m)610************

Valuation Summary

Indicator20132014201520162017E
P/E6.8neg.************
P/Sales0.250.30************
EV/EBITDA0.81.2************
P/Book0.090.16************
Prices are quoted in UAH.


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