Added to YB: 2026-06-08
Pitch date: 2026-06-04
PXEN.L [bullish]
Prospex Energy Plc
+2.86%
current return
Author Info
No bio for this author
Company Info
Prospex Energy Plc operates as an oil and gas investment company. The company holds 7.2365% working interest in the producing Viura concession in Northern Spain; 37% working interest in the Selva Malvezzi Concession in the Po Valley region of Italy; and 100% working interest in the El Romeral gas power project situated in southern Spain.
Market Cap
GBP 15.6M
Pitch Price
GBP 0.04
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
-5.35
EV/Sales
N/A
Sector
Oil, Gas and Consumable Fuels
Category
value
Prospex Energy Plc - $PXEN.L
PXEN.L: AIM-listed European gas producer at 3p vs Hannam's risked NAV 13.6p (60% discount), sub-1x EV/EBITDA vs peers 2-4x. Producing assets (Selva Italy, Viura/El Romeral Spain) + Poland/exploration upside free. €5.6M EBITDA, new disciplined CEO, multiple H2'26-'27 catalysts. Key risk: 2027 drilling funding gap, reliant on farm-outs/debt. Unrisked NAV 32p.
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