Brooge Energy Limited (BROG)

NASDAQ: BROG · IEX Real-Time Price · USD
5.82
+0.07 (1.24%)
Dec 9, 2022 3:58 PM EST - Market closed
1.24%
Market Cap 629.98M
Revenue (ttm) 42.22M
Net Income (ttm) 12.07M
Shares Out 109.59M
EPS (ttm) 0.14
PE Ratio 41.57
Forward PE 9.69
Dividend n/a
Ex-Dividend Date n/a
Volume 753
Open 5.62
Previous Close 5.75
Day's Range 5.32 - 5.96
52-Week Range 4.9 - 9.95
Beta -0.38
Analysts Buy
Price Target 14.28 (+145.4%)
Earnings Date n/a

About BROG

Brooge Energy Limited, through its subsidiaries, provides oil storage and related services at the Port of Fujairah in the emirate of Fujairah in the United Arab Emirates. The company operates phase I facility that comprises 14 storage tanks with an aggregate geometric capacity of 399,324 cbm for the storage, heating, and blending of fuel oil and clean petroleum products, including aviation fuel, gas oil, gasoline, marine gas oil, and naphtha. It also provides ancillary services that comprise blending and circulation, heating, throughput, and in... [Read more]

Industry Oil, Gas & Consumable Fuels
Employees 20
Stock Exchange NASDAQ
Ticker Symbol BROG
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for BROG stock is "Buy." The 12-month stock price forecast is 14.28, which is an increase of 145.36% from the latest price.

Price Target
$14.28
(145.36% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Brooge Energy Ltd Announces Extended Nasdaq Stay

NEW YORK, Nov. 23, 2022 (GLOBE NEWSWIRE) -- Brooge Energy Ltd, (“Brooge Energy” or the “Company”) (Nasdaq: BROG), a Cayman Islands-based infrastructure provider, which is currently engaged in clean petr...

2 weeks ago - GlobeNewsWire

Brooge Energy Ltd Announces Receipt of Nasdaq Staff Determination Letter

NEW YORK, Nov. 04, 2022 (GLOBE NEWSWIRE) -- Brooge Energy Ltd, (“Brooge Energy” or the “Company”) (Nasdaq: BROG), a Cayman Islands-based infrastructure provider, which is currently engaged in clean petr...

1 month ago - GlobeNewsWire

Brooge Energy Ltd Engages Grant Thornton as Independent Advisor to Provide Fairness Opinion on Proposed Go-Private Tr...

NEW YORK, Oct. 28, 2022 (GLOBE NEWSWIRE) -- Brooge Energy Ltd, (“Brooge Energy” or the “Company”), a Cayman Islands-based infrastructure provider, which is currently engaged in clean petroleum products ...

1 month ago - GlobeNewsWire

Brooge Energy Ltd Announces Unaudited Financial Results for the Nine Months Ended September 30, 2022

NEW YORK, Oct. 25, 2022 (GLOBE NEWSWIRE) -- Brooge Energy Ltd, (“Brooge Energy” or the “Company”), a Cayman Islands-based infrastructure provider, which is currently engaged in clean petroleum products ...

1 month ago - GlobeNewsWire

Brooge Energy Ltd Appoints Firoze Kapadia as Independent Board Member and Regains Compliance with NASDAQ Listing Rule...

NEW YORK, Oct. 21, 2022 (GLOBE NEWSWIRE) -- Brooge Energy Ltd, (“Brooge Energy” or the “Company”), a Cayman Islands-based infrastructure provider, which is currently engaged in clean petroleum products ...

1 month ago - GlobeNewsWire

Brooge Energy Ltd Engages Thyssenkrupp Uhde to Undertake a Technical Study for its Planned Green Hydrogen and Ammonia...

NEW YORK, Sept. 21, 2022 (GLOBE NEWSWIRE) --  Brooge Energy Ltd, (“Brooge Energy” or the “Company”), a Cayman Islands-based infrastructure provider, which is currently engaged in clean petroleum product...

2 months ago - GlobeNewsWire

Brooge Energy Receives Expression of Interest from its Majority Shareholder to Acquire its Public Shares and Take the...

Brooge Energy announces that its prior financial statements cannot be relied upon and will be restated

3 months ago - GlobeNewsWire

Brooge Energy Ltd Engages Ernst & Young to Undertake Market Research and Feasibility Study for its Planned Green Hydr...

NEW YORK, Aug. 11, 2022 (GLOBE NEWSWIRE) -- Brooge Energy Ltd, (“Brooge Energy” or the “Company”), a Cayman Islands-based energy infrastructure service provider, which is currently engaged in clean petr...

3 months ago - GlobeNewsWire

Brooge Energy Ltd. Oil Storage Terminal Infrastructure Proves Outstanding Against Unprecedented Floods in Fujairah

Brooge Energy's facilities in the Port of Fujairah in the United Arab Emirates are secure with no damages

4 months ago - GlobeNewsWire

Brooge Energy Ltd forms wholly owned subsidiary, “Brooge Renewable Energy Ltd”, to expand its infrastructure and serv...

New Subsidiary has signed a preliminary land lease agreement for its planned Green Hydrogen and Ammonia plant in UAE to produce up to 300,000 MT of Green Ammonia per annum once fully completed

5 months ago - GlobeNewsWire

Brooge Energy Ltd. Announces Receipt of Nasdaq Non-Compliance Letter

NEW YORK, May 27, 2022 (GLOBE NEWSWIRE) -- Brooge Energy Ltd, (“Brooge Energy” or the “Company”), is a Cayman Islands-based infrastructure provider which is engaged in Clean Petroleum Products and Biofu...

6 months ago - GlobeNewsWire

Brooge Energy Ltd. Announces Strategic Decision to Add Additional Features to Select Storage Tanks at its Phase I Fac...

Management's revenue enhancing initiative to upgrade its Phase I facility will improve margins going forward by offering higher priced gasoline and clean product storage Management's revenue enhancing i...

9 months ago - GlobeNewsWire

Brooge Energy Ltd. Awarded Best Enterprise by Europe Business Assembly

NEW YORK, Jan. 14, 2022 (GLOBE NEWSWIRE) -- Brooge Energy Ltd. (“Brooge Energy” or the “Company”) (NASDAQ: BROG), a midstream oil storage and service provider strategically located outside the Strait of...

10 months ago - GlobeNewsWire

Brooge Energy Ltd. Appoints Lina Saheb as Deputy Chief Executive Officer

NEW YORK, Nov. 01, 2021 (GLOBE NEWSWIRE) -- Brooge Energy Ltd. (“Brooge Energy” or the “Company”) (NASDAQ: BROG), a midstream oil storage and service provider strategically located outside the Strait of...

1 year ago - GlobeNewsWire

Brooge Energy Ltd. Officially Opens Phase II Storage Facility

Facility is currently fully contracted out and generating revenue

1 year ago - GlobeNewsWire

Brooge Energy Reports Revenue of $23.3 Million for the Six Months Ended June 30, 2021

Global demand for oil storage drives higher fixed storage rates

1 year ago - GlobeNewsWire

Brooge Energy Announces Dates for First Half 2021 Results and Conference Call

NEW YORK, Sept. 10, 2021 (GLOBE NEWSWIRE) -- Brooge Energy Ltd. (“Brooge Energy” or the “Company”) (NASDAQ: BROG), a midstream oil storage and service provider strategically located outside the Strait o...

1 year ago - GlobeNewsWire

Brooge Energy Ltd. Achieves Major Milestone with Launch of Phase II Storage Facility; Receives First Cargo

Phase II facility will contribute to the Company's revenues in the second half of 2021.

1 year ago - GlobeNewsWire

Brooge Energy Ltd. Announces Positive Feasibility Study for Proposed Phase III Facility

High utilization of third-party storage terminals in Fujairah along with upcoming infrastructure investments in the region indicate sustainable storage demand

1 year ago - GlobeNewsWire

Brooge Energy Ltd. Applies for Permit to Start Testing and Commissioning as Final Regulatory Step Ahead of Starting i...

Commences receipt of advance income for Phase II storage fees

1 year ago - GlobeNewsWire

Brooge Energy Ltd. Announces the Signing of Agreement with Oil Trader for One of the First Refineries in the Region t...

Company to operate new 25,000 barrel per day modular refinery to drive additional revenue at favorable EBITDA margins.

1 year ago - GlobeNewsWire

Moving Average Crossover Alert: Brooge Energy (BROG)

Brooge Energy (BROG) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.

1 year ago - Zacks Investment Research

Brooge Energy Ltd. Clients Renew 233,072 cbm of Storage Capacity at 70% Premium to Previous Pricing with Longer Term ...

Strong market demand for oil storage continues to drive higher prices

1 year ago - GlobeNewsWire

Brooge Energy Ltd. Appoints Two New Independent Members to the Board of Directors

NEW YORK, May 20, 2021 (GLOBE NEWSWIRE) -- Brooge Energy Ltd. (“Brooge Energy” or the “Company”) (NASDAQ: BROG), a midstream oil storage and service provider strategically located outside the Strait of ...

1 year ago - GlobeNewsWire

Brooge Energy Ltd. Announces Filing of Form F-3 Shelf Registration Statement and Intention to Offer Securities Primar...

Phase III expansion is expected to increase storage capacity by up to 3.5 million m3

1 year ago - GlobeNewsWire