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FTSE COMPANY REPORT Share price analysis relative to sector and index performance Columbus Energy Resources CERP Oil & Gas Producers — GBP 0.01825 at close 07 August 2020 Absolute Relative to FTSE UK All-Share Sector Relative to FTSE UK All-Share Index PERFORMANCE 07-Aug-2020 07-Aug-2020 07-Aug-2020 0.06 180 180 1D WTD MTD YTD Absolute 0.0 2.8 2.8 -47.1 160 160 0.05 Rel.Sector 2.2 -0.8 -0.8 -2.5 Rel.Market -0.2 0.2 0.2 -34.1 140 140 0.04 VALUATION 120 120 0.03 Trailing 100 100 Relative Price Relative Price Relative 0.02 PE -ve Absolute Price (local (local currency) AbsolutePrice 80 80 EV/EBITDA -ve 0.01 60 60 PB 0.6 PCF -ve 0 40 40 Div Yield 0.0 Aug-2019 Nov-2019 Feb-2020 May-2020 Aug-2020 Aug-2019 Nov-2019 Feb-2020 May-2020 Aug-2020 Aug-2019 Nov-2019 Feb-2020 May-2020 Aug-2020 Price/Sales 2.9 Absolute Price Relative Price 4-wk mov.avg. 13-wk mov.avg. Relative Price 4-wk mov.avg. 13-wk mov.avg. Net Debt/Equity 0.0 100 90 90 Div Payout 0.0 90 80 80 ROE -ve 80 70 70 70 Index) Share Share Sector) Share - - 60 60 60 DESCRIPTION 50 50 50 40 40 The Company principal activities are to enhance 40 RSI RSI (Absolute) existing oil and gas production and exploration areas. 30 30 30 20 20 20 10 10 10 RSI (Relative to FTSE UKFTSE All to RSI (Relative RSI (Relative to FTSE UKFTSE All to RSI (Relative 0 0 0 Aug-2019 Nov-2019 Feb-2020 May-2020 Aug-2020 Aug-2019 Nov-2019 Feb-2020 May-2020 Aug-2020 Aug-2019 Nov-2019 Feb-2020 May-2020 Aug-2020 Past performance is no guarantee of future results. Please see the final page for important legal disclosures. 1 of 4 FTSE COMPANY REPORT: Columbus Energy Resources 07 August 2020 Valuation Metrics Price to Earnings (PE) EV to EBITDA Price to Book (PB) 31-Jul-2020 31-Jul-2020 1 2 0.9 0.8 1.5 0.7 +1SD 0.6 0.5 1 Avg 0.4 0.3 0.5 -1SD 0.2 0.1 0 ‖ ‖ 0 Aug-2015 Aug-2016 Aug-2017 Aug-2018 Aug-2019 Aug-2015 Aug-2016 Aug-2017 Aug-2018 Aug-2019 BP 17.7 Energean 54.4 Energean 1.3 Oil & Gas Producers 9.9 Cairn Energy 3.5 BP 0.8 Cairn Energy 9.6 Royal Dutch Shell B 3.5 Columbus Energy Resources 0.6 Royal Dutch Shell B 7.0 Oil & Gas Producers 3.4 Cairn Energy 0.6 Royal Dutch Shell A 6.6 BP 3.3 Oil & Gas Producers 0.6 Premier Oil 2.4 Royal Dutch Shell A 3.3 Royal Dutch Shell B 0.6 Tullow Oil -0.3 Tullow Oil 3.3 Royal Dutch Shell A 0.6 EnQuest -0.6 EnQuest 2.8 EnQuest 0.5 Pharos Energy -2.9 Premier Oil 2.4 Tullow Oil 0.5 Columbus Energy Resources -5.2 Pharos Energy 1.0 Premier Oil 0.3 Energean -15.5 Columbus Energy Resources 0.0 Pharos Energy 0.1 -20 -15 -10 -5 0 5 10 15 20 0 10 20 30 40 50 60 0 0.2 0.4 0.6 0.8 1 1.2 1.4 1.6 Price to Cash Flow (PCF) Dividend Yield % Price to Sales (PS) 31-Jul-2020 31-Jul-2020 1 9 0.9 8 0.8 7 0.7 6 +1SD 0.6 5 0.5 4 0.4 Avg 3 0.3 0.2 2 -1SD 0.1 1 0 0 Aug-2015 Aug-2016 Aug-2017 Aug-2018 Aug-2019 Aug-2015 Aug-2016 Aug-2017 Aug-2018 Aug-2019 Royal Dutch Shell B 2.9 Royal Dutch Shell A 14.3 Energean 15.0 BP 2.8 Royal Dutch Shell B 13.5 Columbus Energy Resources 2.9 Royal Dutch Shell A 2.7 Oil & Gas Producers 12.9 Cairn Energy 1.7 Oil & Gas Producers 2.7 BP 11.7 Pharos Energy 0.4 Cairn Energy 2.1 Tullow Oil 7.5 Royal Dutch Shell B 0.3 Pharos Energy 1.1 Premier Oil 0.0 Royal Dutch Shell A 0.3 Premier Oil 0.4 Pharos Energy 0.0 Oil & Gas Producers 0.3 Tullow Oil 0.4 EnQuest 0.0 Tullow Oil 0.3 EnQuest 0.3 Energean 0.0 BP 0.3 Columbus Energy Resources -10.8 Columbus Energy Resources 0.0 Premier Oil 0.2 Energean -100.0 Cairn Energy 0.0 EnQuest 0.2 -120 -100 -80 -60 -40 -20 0 20 0 2 4 6 8 10 12 14 16 0 2 4 6 8 10 12 14 16 Note: bar chart reflects the top and bottom five current values for the valuation ratio in question for FTSE All Shares stocks in the same sector as the stock concerned. All valuation metrics are trailing. 2 of 4 FTSE COMPANY REPORT: Columbus Energy Resources 07 August 2020 Valuation Metrics Net Debt to Equity Dividend Payout (DP) Return on Equity (RoE) 31-Jul-2020 0.351 0.9 0.3 0.8 0.250.7 +1SD 0.20.6 0.5 0.150.4 Avg 0.10.3 0.2 0.05 0.1 -1SD 0 ‖ ‖ Aug-2015 Aug-2016 Aug-2017 Aug-2018 Aug-2019 Tullow Oil 4.9 BP 100.0 Premier Oil 15.2 EnQuest 4.2 Oil & Gas Producers 100.0 Royal Dutch Shell B 8.3 Premier Oil 2.6 Royal Dutch Shell A 8.3 Royal Dutch Shell B 95.9 Energean 0.9 Oil & Gas Producers 7.0 BP 0.8 Royal Dutch Shell A 95.9 Cairn Energy 6.7 Oil & Gas Producers 0.6 Pharos Energy 0.0 BP 4.1 Royal Dutch Shell B 0.5 EnQuest 0.0 Pharos Energy -4.9 Royal Dutch Shell A 0.5 Energean -9.3 Energean 0.0 Pharos Energy 0.2 Columbus Energy Resources -13.4 Cairn Energy 0.2 Columbus Energy Resources 0.0 EnQuest -50.0 Columbus Energy Resources 0.0 Tullow Oil 0.0 Tullow Oil -50.0 0 1 2 3 4 5 6 0 20 40 60 80 100 120 -60 -50 -40 -30 -20 -10 0 10 20 ROE vs. PB — sector Du Pont Analysis 31-Jul-2020 2 1.2 1.3 ENOG 1 1.2 0.9 1.5 0.8 1 1.1 0.7 1 1.0 0.6 0.5 0.5 0.8 0.9 0.4 0 0.8 0.3 BP. -0.5 0.6 PB 0.2 0.7 0.1 CERP CNEOil & Gas Produc -1 0.6 RDSB 0 Regression RDSA Aug-2015 Aug-2016 Aug-2017 Aug-2018 Aug-2019 0.4 ENQ -1.5 0.5 TLW -2 0.4 0.2 PMO 0.3 -2.5 0.2 -3 0 PHAR 2016 2017 2018 2019 2020 0.1 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Net Margin Asset Turnover Gearing ROE (rhs) ‖ ROE Note: bar chart reflects the top and bottom five current values for the valuation ratio in question for FTSE All Shares stocks in the same sector as the stock concerned. All valuation metrics are trailing. 3 of 4 FTSE COMPANY REPORT: Columbus Energy Resources 07 August 2020 Brief description Brief description Price to Earnings Price to Earnings (PE) is price over earnings per share. Earnings are based on the latest Gearing Gearing is Total Assets divided by Common Equity. Total Assets and Common Equity are (PE) available fiscal year earnings. each averaged over two years, that is, t and (t-1). Price to Sales (PS) Price to Sales (PS) is price divided by sales per share. It is based on sales from continuing Asset Turnover Asset turnover is Sales divided by Total Assets. Total Assets is averaged over two years, operations for the fiscal year. that is, t and (t-1). Price to Book (PB) Price to Book (PB) is price at the indicated date divided by common equity per share. Dupont Breakdown Return on Equity (RoE) = Net Margin * Gearing * Asset Turnover Common/ordinary equity is generally as reported at the most recent fiscal year-end but is Analysis adjusted to exclude minority interest, preferred stock and selected items as appropriate. RoE vs PB Plot of RoE versus PB at last month end for all FTSE UK All Share stocks in the sector Price to Cash Flow Price to Cash Flow (PCF) is price at the indicated date divided by cash flow per share. relative to the stock in question. Data may be limited to the stock in question if there are (PCF) currently no stocks in the corresponding FTSE UK All Share sector. Net Debt Equity Net Debt Equity is Net Debt as a percentage of common equity. Not calculated if Absolute Absolute graphs reflect performance for the stock in question for up to 366 days adjusted denominator (common equity) is negative for intervening corporate actions. EV to EBITDA EV to EBITDA is Enterprise Value divided by EBITDA (Earnings before Interest and Taxes, Relative Relative charts reflect the performance for the stock in question relative to the depreciation and amortisation). EV is full company Market Capitalisation at the data date corresponding sector of the FTSE All Share Index for up to 366 days, rebased to the start plus last annual net debt and Preferred Stock.
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