Company
Pharos Energy plc
Headquarters: London, United Kingdom
Founded: 1997 as Snyder Oil Corporation International
Employees: 71
CEO: Mr. Edward T. Story Jr., Ph.D.
Market Cap
£92.6 Million
GBP as of Jan. 1, 2024
US$117.9 Million
Pharos Energy plc Categories
United Kingdom Energy Oil & Gas E&PUnited Kingdom Energy United Kingdom Oil & Gas E&P
Top Competitors by Market Capitalization
Industry: Oil & Gas E&P
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|---|---|
| ConocoPhillips | $142.41 B |
| CNOOC Limited | $86.63 B |
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| EOG Resources, Inc. | $72.88 B |
| Mitsui & Co. Ltd | $58.72 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Aramco | $2.132 T |
| ExxonMobil | $412.55 B |
| Chevron | $287.56 B |
| Shell | $213.51 B |
| PetroChina | $182.61 B |
Detailed Description
Pharos Energy plc engages in the exploration, development, and production of oil and gas properties. The company holds a 30.5% working interest in the Te Giac Trang Field of Block 16-1 located in the shallow water Cuu Long Basin, as well as a 25% working interest in the Ca Ngu Vang field of Block 9-2 situated in the shallow water Cuu Long Basin, offshore southern Vietnam; a 70% interest in the Blocks 125 & 126 located in the Phu Khanh Basin, offshore central Vietnam; and a 100% working interest in the onshore El Fayum concession in the Western Desert, Egypt. It also holds a 33.33 % working interest in eight licenses situated in Israel. The company was formerly known as SOCO International plc and changed its name to Pharos Energy plc in October 2019. Pharos Energy plc was incorporated in 1997 and is headquartered in London, the United Kingdom.
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Stocks & Indices
Pharos Energy plc has the following listings and related stock indices.
Stock: LSE: PHAR wb_incandescent
Stock: FSX: OCS1 wb_incandescent
Stock: OTC: SOCLF wb_incandescent
Key People
John Martin, Chair Ed Story, CEO and Founder
Financials
Revenue: $189.7 million (2019)
Operating income: $ 38 million (2019)
Net income: $24.5 million (2019)