ENERGEAN PLC
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Cash
£170M
USD 227,213,000
-3.4% vs 2024
Net assets
£106M
USD 141,622,000
-75.5% lowest in 3 filed years
Employees
601
+1.2% highest in 3 filed years
Profit before tax
-£20M
USD -26,394,000
-112.5% lowest in 3 filed years
Net assets
3-year trend · vs Technology median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £732,516,095 | £1,332,095,374 | £1,293,701,153 | -2.9% | |
| Operating profit | £293,100,015 | £341,258,422 | £200,619,105 | -41.2% | |
| Profit before tax | £257,647,103 | £158,674,951 | -£19,758,946 | -112.5% | |
| Net profit | — | £95,408,744 | -£192,830,514 | -302.1% | |
| Cash | £18,427,908 | £176,126,666 | £170,095,074 | -3.4% | |
| Total assets less current liabilities | £3,996,746,519 | £3,523,522,982 | £3,337,842,491 | -5.3% | |
| Net assets | £491,177,571 | £432,298,248 | £106,020,362 | -75.5% | |
| Equity | £491,177,571 | £432,298,248 | £106,020,362 | -75.5% | |
| Average employees | 331 | 594 | 601 | +1.2% | |
| Wages | £32,613,415 | £68,847,133 | £71,785,447 | +4.3% | |
| Directors' remuneration | £4,040,275 | £765,833 | £791,286 | +3.3% |
Figures converted to GBP from USD at 0.749 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 40.0% | 25.6% | 15.5% | |
| Net margin | — | 7.2% | -14.9% | |
| Return on capital employed | 7.3% | 9.7% | 6.0% | |
| Gearing (liabilities / total assets) | 88.7% | 90.2% | 97.5% | |
| Current ratio | 1.87x | 6.58x | 3.91x | |
| Interest cover | 1.69x | 1.68x | 1.03x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- ENERGEAN PLC 2020-05-28 → present
- ENERGEAN OIL & GAS PLC 2017-05-08 → 2020-05-28
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors are satisfied that the Group has sufficient financial resources to continue in operation for the foreseeable future, and for this reason they continue to adopt the going concern basis in preparing the consolidated financial statements.”
Group structure
- ENERGEAN PLC · parent
- Energean plc 100%
- Energean Capital Ltd. 100%
- Energean Group Services Ltd. 100%
- Energean Oil & Gas S.A. 100%
- Energean Israel Ltd. 100%
- Energean Italy S.p.a. 100%
- EnEarth Greece S.A. 100%
Significant events
- “In November 2025, ExxonMobil formed into Block 2, which is located at the northwest part of the Ionian Sea. The new participating interests are: Energean (30%, operator), ExxonMobil (60%) and HELLENIQ ENERGY Upstream (10%).”
- “On 28 February 2026, the Group received an order from the Israeli Ministry of Energy and Infrastructure to temporarily suspend the production at the FPSO due to the escalation of geopolitical tensions in the region. At the time of this report, the timing of the resumption of production remains uncertain, although the Group expects operations to resume as soon as the situation stabilises.”
- “On 12 March 2026 the Group announced that it had signed an agreement to acquire Chevron’s 31% operated interest in Block 14 and 15.5% non-operated interest in Block 14K, offshore Angola.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
10 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| VERNON, Stuart George Basil | Secretary | 2025-07-01 | — | — |
| BARTLETT, Andrew Donald | Director | 2017-08-22 | Dec 1957 | British |
| BENOS, Panagiotis | Director | 2017-05-08 | Jul 1979 | Greek |
| COX, Sayma | Director | 2025-03-01 | Jul 1975 | British |
| HOUSTON, Martin Joseph | Director | 2023-11-16 | Nov 1957 | British |
| PERSIANIS, Andreas | Director | 2020-07-26 | May 1963 | Cypriot,British |
| RIGAS, Matthaios | Director | 2017-05-08 | Aug 1967 | Greek |
| SIMON, Karen, Ms. | Director | 2017-09-15 | Mar 1959 | American |
| TOPOUZOGLOU, Efstathios | Director | 2017-05-08 | Sep 1956 | Greek |
| WOOD, Kimberley Kyle | Director | 2020-07-26 | Jan 1970 | British |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CHURCHWARD, Michelle | Secretary | 2017-05-08 | 2019-05-28 |
| KOTSANA, Eleftheria | Secretary | 2021-09-01 | 2025-06-30 |
| POYNTER, Russell Gerard | Secretary | 2019-05-28 | 2021-08-31 |
| BONANNO, David Whalen | Director | 2017-05-08 | 2020-07-26 |
| FRANKLIN, Roy Alexander | Director | 2021-10-13 | 2023-11-13 |
| HEALE, Simon John Newton | Director | 2017-07-11 | 2019-11-21 |
| LASHINSKY, Amy Elizabeth | Director | 2019-11-21 | 2025-02-28 |
| LESLIE, Scott Conrad | Director | 2017-05-08 | 2017-08-22 |
| MARANI, Ohad | Director | 2017-07-11 | 2020-07-26 |
| PECK, Robert William | Director | 2017-07-11 | 2022-05-26 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Matthaios Rigas | Individual | Shares 25–50%, Voting 25–50% | 2017-05-08 | Ceased 2018-03-21 |
| Efstathios Topouzoglou | Individual | Shares 25–50%, Voting 25–50% | 2017-05-08 | Ceased 2018-03-21 |
Filing timeline
Last 20 of 113 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-06-06 RESOLUTIONS Resolution
- 2025-06-03 RESOLUTIONS Resolution
- 2024-05-30 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-26 | AA | accounts | Accounts with accounts type group | |
| 2026-06-06 | RESOLUTIONS | resolution | Resolution | |
| 2026-04-01 | SH01 | capital | Capital allotment shares | |
| 2026-03-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-10 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-11-11 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-11-11 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-08-13 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-07-01 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-07-01 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-06-11 | AA | accounts | Accounts with accounts type group | |
| 2025-06-03 | RESOLUTIONS | resolution | Resolution | |
| 2025-03-25 | SH01 | capital | Capital allotment shares | |
| 2025-03-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-03 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-29 | CH01 | officers | Change person director company with change date | |
| 2024-05-31 | AA | accounts | Accounts with accounts type group | |
| 2024-05-30 | RESOLUTIONS | resolution | Resolution | |
| 2024-03-12 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 2
- Officers appointed
- 1
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.