Deltic Energy PLC
DELT
ISIN GB00BNTY2N01 / Valor 126684731
Deltic Energy PLC
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About company
Deltic Energy PLC is a publicly traded company on the AIM market, specializing in the investment and development of offshore oil and gas assets in the United Kingdom. The company is particularly focused on the Southern North Sea, a region known for its significant hydrocarbon resources. Deltic Energy's business strategy centers on exploring and realizing the untapped potential of this established hydrocarbon province, aiming to enhance its portfolio through high-impact exploration and development activities. By concentrating on this specific geographic area, Deltic Energy seeks to leverage its expertise and resources to maximize the value of its investments in the energy sector.
Summarized from source with an LLMView SourceSector: EnergyLatest Results (07.11.2025):
Deltic Energy PLC's interim results for the six months ended 30 June 2025 reveal a challenging operating environment with a reported loss of £1.0 million, a reduced cash balance of £0.3 million, and significant strategic moves. The report outlines a period marked by operational adjustments, new funding arrangements through a term loan, and progress toward an acquisition by Viaro Bidco, which is expected to be completed in early Q4 2025.
Financial Performance
The Company recorded a loss of £1.0 million for the period (compared to a loss of £1.3 million in the comparable period of 2024, before the impairment of Pensacola) and incurred administrative expenses of £0.9 million.
Liquidity Position
Deltic Energy PLC started the period with £1.4 million in cash, which decreased to £0.3 million by 30 June 2025. To shore up liquidity, the Company secured a two-year term loan of £2.7 million from Viaro Bidco, intended for settling current liabilities and general working capital purposes, though the funds remain undrawn.
Balance Sheet & Investments
Exploration assets increased by £0.3 million to a total of £2.2 million, reflecting further investment in the Selene discovery. Additionally, a new five-year office lease raised the Property, Plant and Equipment value by £0.5 million.
Acquisition Update
The report details a significant strategic development as Deltic Energy PLC's shareholders approved the acquisition by Viaro Bidco, with transaction completion expected in early Q4 2025. Following the completion, Deltic’s shares will be cancelled from trading on AIM, marking a transformative moment for the company.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
8 M
Market cap (USD)
700,923
Daily traded volume (Shares)
0.054 / 0.054
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
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Dividend yield (p.a.)
Est dividend (USD)
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P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
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