Andes Energia plc (Andes) is a United Kingdom-based oil and gas company focused on onshore blocks in South America. The Company has interests in Argentina, Colombia, Brazil and Paraguay. Andes holds interests in exploration, development and producing assets. The Company has around 20 million barrels (bbls) of conventional 2P reserves in Argentina and certified resources of 640 million barrel of oil equivalent (boe). The Company's licenses cover around 7.5 million acres across South America with two million net acres in unconventional plays, including 250,000 net acres in the Vaca Muerta formation, a shale oil deposit. The Company produces around 1,952 barrels per day (bpd) in Argentina from six conventional fields.

Type
Public
HQ
London, GB
Size (employees)
137 (est)-8%
Andes Energia is headquartered in London, GB
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Andes Energia Office Locations

Andes Energia has offices in London, Buenos Aires and Mendoza
London, GB (HQ)
Berkeley Square House Berkeley Square
Buenos Aires, AR
1252 Maipú
Mendoza, AR
843 Tiburcio Benegas
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Andes Energia Financials and Metrics

Andes Energia Financials

Andes Energia's revenue was reported to be £52.15 m in FY, 2016
GBP

Revenue (FY, 2016)

52.1 m

Gross profit (FY, 2016)

12.9 m

Gross profit margin (FY, 2016), %

24.8%

Net income (FY, 2016)

(20.2 m)

EBITDA (FY, 2016)

5.8 m

EBIT (FY, 2016)

(5.8 m)

Market capitalization (24-Jul-2017)

335.3 m

Closing share price (24-Jul-2017)

0.7

Cash (31-Dec-2016)

16.7 m
Andes Energia's current market capitalization is £335.3 m.
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

67.1 m91.7 m86.5 m110.4 m125.4 k2.8 m14.8 m35.7 m51.4 m52.1 m

Revenue growth, %

142%39%

Cost of goods sold

57.6 m70.3 m65.2 m75 m98.7 k1.8 m9.4 m22.7 m35.2 m39.2 m

Gross profit

9.6 m21.4 m21.3 m35.4 m26.8 k1 m5.4 m13 m16.2 m12.9 m
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

47.1 m(7.1 m)665.1 k6.2 m7.4 m(2.7 m)(281.4 k)(8.1 m)(14.1 m)(20.2 m)

Cash From Operating Activities

3.9 m3.5 m15.8 m24.5 m14.8 m(183.1 k)2.2 m10.8 m13.9 m19.3 m

Dividends Paid

219.3 k115.1 k

Cash From Financing Activities

12.9 m7.4 m(3 m)(22.4 m)(2.6 m)501.8 k7.1 m6.4 m12.5 m444 k
GBPY, 2016

Financial Leverage

5.2 x
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Andes Energia Operating Metrics

FY, 2015

License Area, acres

7.50 m

Oil Production Volume, barrels per day

3.21 k

Oil Proven and Probable Reserves (2P Reserves), MMbbl

25

Oil and Gas Reserves, MMboe

640
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