Pharos Energy plc
- Market Cap (£m) 98.2
- Listing LSE
- Quick links:
- Company Website
- Annual Report
- Latest Results Deck
Analysts
Company Description
Pharos Energy is an E&P company operating in Vietnam and Egypt, with a focus on delivering long-term sustainable growth. In Vietnam, the company has two producing fields (CNV and TGT) and exciting exploration potential in the underexplored Phu Khanh basin with its Blocks 125 & 126. Within Egypt, the company has low-cost onshore production in its El Fayum concession and exploration in the adjacent North Beni Suef concession. The company has repaired its balance sheet after the weak oil prices seen over the Covid crisis and is now in a position where it can return excess cash in the form of dividends and share buybacks.
Investment Summary
Pharos Energy is an E&P company operating in Vietnam and Egypt, with a focus on delivering long-term sustainable growth for stakeholders. The company has repaired its balance sheet after the weak oil prices seen over the Covid crisis and is now in a position where it can return excess cash in the form of dividends and share buybacks.
Recent Content
Initiating coverage: Back to growth
10/08/2023 Pharos Energy plc
Like the rest of the industry, Pharos Energy was impacted by the Covid-induced collapse in the oil price, […]
Company Management Team
Jann Brown
Chief Executive Officer
Jann was appointed to the role of Chief Executive Officer with effect from 21 March 2022 following a period as CFO from 2017 to 2021. Jann currently serves as an Independent Non-Executive Director of RHI Magnesita N.V. and previously served as an Independent Non-Executive Director and Chair of the Audit Committee of Troy Income & Growth Trust plc and of John Wood Group P.L.C. She was Chief Financial Officer and Executive Director of Cairn Energy plc from 2006 to 2014. Jann is also a Past President of the Institute of Chartered Accountants of Scotland.
Sue Rivett
Chief Financial Officer
Sue, previously Group Head of Finance and UK General Manager, has been with the Company for over seven years. Prior to joining Pharos, Sue held senior finance roles with Conoco, ARCO British (subsidiary of Atlantic Richfield Company), JKX Oil & Gas plc and Seven Energy. Sue's various roles have included heading up full FTSE finance functions including finance, taxation, treasury, IT, corporate planning and Company Secretary. She was Head of ARCO British trading arm's back office and mid office and has considerable joint venture experience and numerous years M&A experience. Sue is a Fellow of the Chartered Institute of Management Accountants ("FCMA") with international experience and nearly 40 years in the energy business.
