Stock data
| Market cap. | £42.9m |
| Last close | 47.50p |
| High / Low (52 weeks) | 95.5p / 43.2p |
| Stock market listing | AIM |
| Forecast net debt (£m) | 10.7 |
| Forecast gearing ratio (%) | 29 |
| Team | Industrials |
| Sector | Alternative Energy |
Price performance
| % | 1m | 3m | 12m |
|---|---|---|---|
| Actual | (4.04) | 6.74 | (50.52) |
| Relative * | 0.67 | 15.51 | (45.62) |
* % Relative to local index
Other companies covered in sector
| Y/E Dec | Revenue (£m) | EBITDA (£m) | PBT (£m) | EPS (p) | P/E (x) | P/CF (x) |
|---|---|---|---|---|---|---|
| 2010A | 7.7 | (6.9) | (7.6) | (10.7) | N/A | N/A |
| 2011A | 4.7 | (9.5) | (10.4) | (11.4) | N/A | N/A |
| 2012E | 4.8 | (9.5) | (9.7) | (11.5) | N/A | N/A |
| 2013E | 5.0 | (9.2) | (10.3) | (12.2) | N/A | N/A |
Last updated on 18/04/2012
Latest research
Gearing up for delivery
Update | Alternative Energy | 16/05/2011
Commercialisation cusp
Outlook | Alternative Energy | 23/03/2011
Approaching big bang
Outlook | Alternative Energy | 10/02/2010
Acquisition of Velocys
Update | Technology | 05/11/2008
Commercial year
Update | Technology | 25/09/2008
FT to catalyse shares
Review | Technology | 03/09/2008
Big in small-scale FT
Update | Technology | 08/07/2008
Commercial year
Quarterly Update - Full year results | Technology | 31/03/2008
Right place, right time
Outlook | Technology | 13/02/2008
Investment summary
The main takeaway from the results presentation was a management team that appeared confident about the prospects of the technology. Cautious not to over-promise, management gave little away in terms of commercial opportunities, but did highlight that it is seeing 25 new serious enquiries a month, with around five of these from multi-billion dollar corporation. The US shale opportunity in particular is starting to attract attention, given the arbitrage between natural gas and low sulphur diesel prices.
Last updated on 23/04/2012
Industry outlook
OCG is focusing on GTL, with 75% of their pipeline in this space. A successful small-scale GTL offering is attracting plenty of interest, particularly in onshore US where shale gas technology has allowed the exploitation of a significant reserve base. Oxford Catalysts continues to receive high levels of interest in its technology, which allows it to pursue a selective partnering programme.
Last updated on 23/04/2012
Key management
| Dr Pierre Jungels, Chairman |
| Roy Lipski, CEO |
| Susan Robertson, FD |
Company address
| 115e Milton Park Oxford Oxford OX14 4RZ United Kingdom +44 (0)1235 841 700 View website |
