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SOCO International

Current Price 95.40p Bid 95.40p Ask 96.10p Change -3.64%
Last Updated: 24/06/2018 13:39. Prices delayed by at least 15 minutes.
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Company Overview

SOCO International plc is an international oil and gas exploration and production company, headquartered in London and traded on the London Stock Exchange. The Company has field development and production interests in Vietnam and exploration and appraisal interests in the Republic of Congo (Brazzaville) and Angola. SOCO holds a 30.5% working interest in the Te Giac Trang Field of Block 16-1, which is operated by the Hoang Long Joint Operating Company. Block 16-1 is located in the shallow water Cuu Long Basin, offshore southern Vietnam. SOCO holds a 25% working interest in the Ca Ngu Vang field of Block 9-2, which is operated by the Hoan Vu Joint Operating Company. Block 9-2 is located in the shallow water Cuu Long Basin, offshore southern Vietnam. SOCO holds a 40.39% interest in and is designated operator of the Marine XI Block, located in the shallow water Lower Congo Basin, offshore the Republic of Congo (Brazzaville). SOCO holds a 17% interests in the Production Sharing Agreement for the Cabinda North Block onshore the Angolan enclave of Cabinda.

Financial Highlights Year Ended 31/12/2017

Turnover
£156.20m
Operating Profit
£-129.40m
Dividend Yield
5.30
Dividend Per Share
5.25
Dividend Cover
0.00
P/E Ratio
-2.08

Key Personnel

Edward T Story Jr
Chief Executive Officer
Janice Margaret Brown
Chief Financial Officer
Dr Michael John Watts
Managing Director
Rui Manuel Cabecadas Coelho de Sousa
Non-Executive Chairman
Robert Gresham Gray
Non-Executive Dep Chairman
Olivier Michel Georges Barbaroux
Non-Executive Director
Ettore Paolo Michele Contini
Non-Executive Director
Ambassador António Victor Martins Monteiro
Non-Executive Director

Stock Details

EPIC
SIA
ISIN
GB00B572ZV91
Shares in Issue
331,954,643
Market cap
£328.64m

Analyst Views (3)

Strong Buy
 
33.33%
Buy
 
33.33%
Hold
 
33.33%
Sell
 
0.00%
Strong Sell
 
0.00%
The above information represents a selection of the views published in the last 120 days by analysts. It is subject to change without notice and doesn't reflect view held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
95.40p
Bid Price
95.40p
Ask Price
96.10p
Volume
2371924
Change Today
-3.60p
% Change Today
-3.64%
Open
99.10p
Previous Close
95.40p
Intraday High
102.40p
Intraday Low
95.40p
52 Week High
129.80p
52 Week Low
87.60p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

SOCO International Intra-day Chart

SOCO International News

News in this section is provided by MoneyAM

Broker Forecast - Jefferies International issues a broker note on SOCO International PLC 12 Jun 2018 | 11:10 Broker Forecast - JP Morgan Cazenove issues a broker note on SOCO International PLC 05 Jun 2018 | 11:10 Director Deals - SOCO International PLC (SIA) 29 May 2018 | 14:45 Director Deals - SOCO International PLC (SIA) 29 May 2018 | 14:45 Broker Forecast - Peel Hunt issues a broker note on SOCO International PLC 21 May 2018 | 09:00 Director Deals - SOCO International PLC (SIA) 26 Apr 2018 | 17:25 Director Deals - SOCO International PLC (SIA) 26 Apr 2018 | 17:25 Director Deals - SOCO International PLC (SIA) 26 Mar 2018 | 14:55 Director Deals - SOCO International PLC (SIA) 26 Mar 2018 | 14:50 Director Deals - SOCO International PLC (SIA) 23 Mar 2018 | 12:40 Broker Forecast - Peel Hunt issues a broker note on SOCO International PLC 23 Mar 2018 | 09:40 FTSE slips after Fed rate rise 22 Mar 2018 | 08:40 SOCO International loss widens 22 Mar 2018 | 07:40 Soco International terminates transaction talks with Kuwait Energy 05 Mar 2018 | 10:00 Director Deals - SOCO International PLC (SIA) 27 Feb 2018 | 15:30 Director Deals - SOCO International PLC (SIA) 27 Feb 2018 | 15:30 Director Deals - SOCO International PLC (SIA) 26 Jan 2018 | 17:55 Director Deals - SOCO International PLC (SIA) 26 Jan 2018 | 14:40 Broker Forecast - Peel Hunt issues a broker note on SOCO International PLC 11 Jan 2018 | 12:40 SOCO to impair African assets 10 Jan 2018 | 09:17 Housebuilders help drag FTSE lower 08 Jan 2018 | 16:47 Soco eyes potential merger with Kuwait Energy 08 Jan 2018 | 13:01 SOCO names new Deputy Chairman 07 Dec 2017 | 14:29 SOCO subsidiary ups stake in Cabinda North Block 28 Nov 2017 | 13:43 Director Deals - SOCO International PLC (SIA) 27 Nov 2017 | 14:35 SOCO exploitation permits approved 16 Nov 2017 | 09:22 Director Deals - SOCO International PLC (SIA) 27 Oct 2017 | 09:00 Director Deals - SOCO International PLC (SIA) 27 Oct 2017 | 09:00 Director Deals - SOCO International PLC (SIA) 27 Sep 2017 | 09:00 Director Deals - SOCO International PLC (SIA) 27 Sep 2017 | 09:00

Assets (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2017
31 Dec 2016
Tangible Assets
505.9
690.6
Intangible Assets & Goodwill
3.8
218.2
Investments & Other Non-Current Assets
36.9
33.8
Total Non-Current Assets
546.6
942.6
Inventory
4.2
5.7
Trade & Receivables
20.7
24.7
Cash & Receivables
112.4
85.0
Other Current Assets & Assets Held for Resale
25.9
58.7
Total Assets
709.8
1,116.7

Liabilities (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2017
31 Dec 2016
Short Term Liabilities
29.9
31.6
Long Term Liabilities
185.3
228.6
Other Liabilities / Pension etc
0.0
0.0
Total Liabilities
215.2
260.2

Net Assets (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2017
31 Dec 2016
Net Assets
494.6
856.5

Equity (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2017
31 Dec 2016
Share Capital
27.6
27.6
Minority Interests
0.0
0.0
Retained Earnings
221.1
585.1
Share Premium Account
0.0
0.0
Other Equity
245.9
243.8
Total Equity
494.6
856.5

Cashflow (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2017
31 Dec 2016
Cashflow from Operating Activities
45.0
46.0
Cashflow Before Financing
48.4
0.6
Increase / Decrease in Cash
27.1
-17.8

Income (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2017
31 Dec 2016
Turnover
156.2
154.6
Cost of Sales
115.0
135.0
Gross Profit
41.2
19.6
Operating Profit
-129.4
7.2
Pre-Tax Profit
-129.6
5.7
Profit / Loss for the Year
-157.3
-18.3

Dividend History

Data has been provided by MoneyAM

Period
Ex-Dividend Date
Payment Date
H2 Dividend
24 May 2018
15 Jun 2018
H2 Dividend
25 May 2017
16 Jun 2017
H1 Dividend
29 Sep 2016
21 Oct 2016
H2 Dividend
26 May 2016
17 Jun 2016
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
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