Prospex Energy PLC

LSE PXEN.L

Prospex Energy PLC Interest Coverage Ratio for the year ending December 31, 2023: -5.48

Prospex Energy PLC Interest Coverage Ratio is -5.48 for the year ending December 31, 2023, a 18.45% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Prospex Energy PLC Interest Coverage Ratio for the year ending December 31, 2022 was -6.72, a 32.56% change year over year.
Prospex Energy PLC Interest Coverage Ratio for the year ending December 31, 2021 was -9.97, a 29.90% change year over year.
Prospex Energy PLC Interest Coverage Ratio for the year ending December 31, 2020 was -14.22, a 19.66% change year over year.
Prospex Energy PLC Interest Coverage Ratio for the year ending December 31, 2019 was -17.70, a 80.88% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

LSE: PXEN.L

Prospex Energy PLC

CEO	Mr. Mark Christopher Routh M.Sc.
IPO Date	March 17, 2000
Location	United Kingdom
Headquarters	60 Gracechurch Street
Employees	7
Sector	Energy
Industries Oil & Gas

Description

Prospex Energy PLC operates as an oil and gas investment company in Europe. The company holds interest in the Tesorillo Project that comprises two petroleum exploration licenses, the Tesorillo and Ruedalabola permits, which cover an area of approximately 38,000 hectares located in Cadiz Province in southern Spain; and a 17% working interest in the Podere Gallina exploration permit in Po Valley Basin, Italy. It also holds 49.9% interest in El Romeral gas and power operation, including three producing wells comprising El Ciervo-1, Santa Clara-1, and Sevilla-3. The company was formerly known as Prospex Oil and Gas Plc and changed its name to Prospex Energy PLC in July 2020. Prospex Energy PLC was incorporated in 1999 and is based in London, the United Kingdom.

Key trends

Past 5 years