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LON:BLOE

Block Energy PLC

AVOID 2026-08-14 Data 29 days old 0.93p Energy - Oil & Gas Exploration & ProductionAWAIT ENTRY
BLOCKED - NOT ACTIONABLEMethodology gate: denylistCheck
29

Position levels

Currenttoday
0.93p
Buy <=wait / entry
0.62p
Trim >=take some off
0.95p
Thesis breakA further deeply discounted equity placing combined with a confirmed production ...
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Scenario-weighted conviction

ProbabilityScoreContribution
Bull case16%100 / 10016.0
Base case48%62 / 10029.8
Bear case36%10 / 1003.6
Weighted conviction29 / 100 - AVOID

Top risks

  • Funding and dilution risk from structural dependence on equity capital markets and recurring placings
  • Drilling and reserve risk for West Rustavi wells with potential sub-optimal recovery rates
  • Oil price sensitivity with revenue directly exposed to Brent crude fluctuations below $50/bbl
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Research is for informational purposes only. Not financial advice. All analysis reflects the date of publication.