Andes Energia

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)
149 (est)
Andes Energia is headquartered in London, GB

Andes Energia Office Locations

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

Andes Energia Metrics

Andes Energia Financial Metrics

Revenue (2015)

£49.4 m

Revenue growth (2014-15), %

39%

Gross profit

£15.6 m

Gross profit margin (2015), %

32%

Net income (2015)

(£13.6 m)

Market capitalization (22-Mar-2017)

£215 m

Closing share price (22-Mar-2017)

£0.4

Cash (31-Dec-2015)

£20.2 m
Andes Energia's current market capitalization is £215 m.
Andes Energia's revenue was reported to be £49.4 m in FY, 2015 which is a 38.5% increase from the previous period.
FY, 2013FY, 2014FY, 2015

Revenue

£14.8 m£35.7 m£49.4 m

Revenue growth, %

142%39%

Cost of goods sold

£9.4 m£22.7 m£33.8 m

Gross profit

£5.4 m£13 m£15.6 m

Gross profit Margin, %

37%36%32%

Operating expense total

£3.9 m£11.8 m£13.5 m

Pre tax profit

(£61.8 k)(£5.8 m)(£9.2 m)

Net Income

(£281.4 k)(£8.1 m)(£13.6 m)
FY, 2013FY, 2014FY, 2015

Cash

£3 m£7.9 m£20.2 m

Accounts Receivable

£2.7 m£4.3 m£4.7 m

Current Assets

£16.1 m£19.4 m£33.1 m

PP&E

£49.1 m£54.6 m£82.3 m

Goodwill

£144.6 m£122.1 m£80.8 m

Total Assets

£209.8 m£196.1 m£196.2 m

Accounts Payable

£6.7 m£7.8 m£9.9 m

Current Liabilities

£16.7 m£20.9 m£33.7 m

Retained Earnings

(£281.4 k)(£8.1 m)(£11.3 m)

Total Equity

£111.7 m£95.1 m£59.6 m

Financial Leverage

1.9 x2.1 x3.3 x
FY, 2013FY, 2014FY, 2015

Cash From Operating Activities

£2.2 m£10.8 m£13.4 m

Cash From Financing Activities

£7.1 m£6.4 m£12 m

Income Taxes Paid

(£219.6 k)(£2.2 m)(£4.4 m)

Andes Energia Operating Metrics

FY, 2015

License Area, acres

7.5 m

Oil and Gas Reserves, MMboe

640

Oil Production Volume, barrels per day

3.21 k

Oil Proven and Probable Reserves (2P), MMbbl

25

Andes Energia Market Value History

Andes Energia Revenue Breakdown

Andes Energia Online Presence

Andes Energia Company Life

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