JX Nippon Exploration and Production (U.K.) Limited
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
JX Nippon Exploration and Production (U.K.) Limited - overview
Established
1996
Location
London, -, UK
Primary Industry
Oil & Gas
About
Based in London, UK, and founded in 1996, JX Nippon Exploration and Production (U. K. ) Limited operates as a provider of oil and gas exploration services including extraction, processing, storage, sale, and shipments of mineral resources, such as petroleum and natural gas, and their secondary products. In March 2022, NEO Energy, a portfolio company of HitecVision, acquired JX Nippon Exploration and Production (U.
K. ) Limited from ENEOS for GBP 1. 24 billion. The company focuses on the exploration, development, and production of crude oil and natural gas across the North Sea of the United Kingdom.
JX Nippon Exploration and Production (U. K. ) Limited also holds a 20% interest in the Mariner field and an 18% interest in the Culzean field.
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Exploration and Production
Company Stage
Add-on
Total Amount Raised
Subscriber access only
JX Nippon Exploration and Production (U.K.) Limited - financials
| Fiscal Year Ended | Dec 31, 2014 | Jan 01, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 303,452,000 | 238,907,000 | 38,548,000 | 215,430,000 | 211,948,000 | 166,878,000 | 257,865,000 | 331,061,000 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | (1.6%) | (21.3%) | 54.5% | 28.4% | - | - | - |
| EBITDA (USD) | 42,536,000 | (1,264,169,000) | (2,742,000) | 11,496,000 | (638,000) | 66,286,000 | (185,115,000) | (64,505,000) | - | - | - |
| Operating Income (USD) | (172,702,000) | (1,414,548,000) | (26,957,000) | (71,178,000) | (66,808,000) | 37,380,000 | (282,932,000) | (240,305,000) | - | - | - |
| Operating Margin | (56.9%) | (592.1%) | (69.9%) | (33.0%) | (31.5%) | 22.4% | (109.7%) | (72.6%) | - | - | - |
| % EBITDA Margin | 14.0% | (529.1%) | (7.1%) | 5.3% | (0.3%) | 39.7% | (71.8%) | (19.5%) | - | - | - |
| NET Income (USD) | (165,885,000) | (1,195,229,000) | (22,475,000) | 259,916,000 | (48,425,000) | 99,788,000 | (445,101,000) | (374,184,000) | - | - | - |
| % Net Margin | (54.7%) | (500.3%) | (58.3%) | 120.6% | (22.8%) | 59.8% | (172.6%) | (113.0%) | - | - | - |
JX Nippon Exploration and Production (U.K.) Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Announced | JX Nippon Exploration and Production (U.K.) Limited | - | ||||||||
| Trade Sale | Completed | Blane Oil Field | - | ||||||||
| Add-on | Completed | Greater Mariner Area of JX Nippon Exploration and Production (UK) Limited | - |
Displaying 1 - 3 of 3
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.