Brooge Energy Limited (BROG)

NASDAQ: BROG · IEX Real-Time Price · USD
8.11 -0.26 (-3.11%)
Jan 18, 2022 2:35 PM EST - Market open
Market Cap888.76M
Revenue (ttm)42.22M
Net Income (ttm)12.07M
Shares Out109.59M
EPS (ttm)0.14
PE Ratio59.20
Forward PE9.47
Dividendn/a
Ex-Dividend Daten/a
Volume21,584
Open8.40
Previous Close8.37
Day's Range8.10 - 8.40
52-Week Range8.01 - 11.15
Beta-0.70
AnalystsBuy
Price Target14.00 (+72.6%)
Earnings Daten/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...

IndustryOil, Gas & Consumable Fuels
Employees20
Stock ExchangeNASDAQ
Ticker SymbolBROG
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to one analyst, the rating for Brooge Energy stock is "Buy" and the 12-month stock price forecast is 14.00.

Price Target
$14.00
(72.63% upside)
Analyst Consensus: Buy

News

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...

4 days ago - GlobeNewsWire

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

NEW YORK, Dec. 30, 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...

2 weeks 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...

2 months ago - GlobeNewsWire

Brooge Energy Ltd. Officially Opens Phase II Storage Facility

Facility is currently fully contracted out and generating revenue

3 months 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

4 months 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...

4 months 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.

4 months 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

5 months 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

6 months 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.

6 months 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.

7 months 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

7 months 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 ...

7 months 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

8 months ago - GlobeNewsWire

Brooge Energy Reports Revenue of $41.8 Million for the Year Ending December 31, 2020

Net income improves to $17.2 million for 2020, compared with a loss of $75.3 million for 2019

9 months ago - GlobeNewsWire

Brooge Energy Announces Exceptional Safety Record Since Operations Began

NEW YORK, March 23, 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...

9 months ago - GlobeNewsWire

Brooge Energy Subsidiary, BPGIC, Wins International Award for Best Terminals of the Year in the Middle East for the Y...

NEW YORK, March 11, 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...

10 months ago - GlobeNewsWire

Brooge Energy Engages Ernst & Young (EY) to Perform Feasibility Study for Phase III Facility

NEW YORK, Feb. 16, 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...

11 months ago - GlobeNewsWire

Brooge Energy Issues 2020 Letter to Shareholders

Phase II launch to now commence during H1 2021 as COVID-19 restrictions cause supply chain disruptions, impacting the final construction stage Phase II launch to now commence during H1 2021 as COVID-19 ...

1 year ago - GlobeNewsWire

BPGIC Signs Two New Oil Storage Contracts for its Phase I Facility at 60% Premium, Driving Further Margin Expansion

NEW YORK, Dec. 16, 2020 (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

BPGIC Signs Three New Oil Storage Contracts for its Phase I Facility at 50% Premium, Driving Further Margin Expansion

NEW YORK, Dec. 07, 2020 (GLOBE NEWSWIRE) -- Brooge Energy Limited (“Brooge Energy” or the “Company”) (NASDAQ: BROG), and its wholly-owned subsidiary Brooge Petroleum and Gas Investment Company FZE (“BPG...

1 year ago - GlobeNewsWire

Brooge Energy Reports Revenue of $23 million for the Six Months Ending June 30, 2020

Management hosted a conference call on Monday, November 30, 2020 at 8 a.m. ET Management hosted a conference call on Monday, November 30, 2020 at 8 a.m. ET

1 year ago - GlobeNewsWire

Brooge Energy to Host Financial Results and Shareholder Update Conference Call on Monday, November 30th at 8 a.m. ET

Company has filed its financial results for the six months ended June 30, 2020 with the SEC on Friday, November 27th

1 year ago - GlobeNewsWire

Brooge Energy Ltd Commences Preconstruction Work on Phase III Oil Storage Facility

NEW YORK, Oct. 22, 2020 (GLOBE NEWSWIRE) -- Brooge Energy Ltd. (“Brooge Energy” or the “Company”) (NASDAQ: BROG), a midstream oil storage and service provider, is pleased to announce the beginning of pr...

1 year ago - GlobeNewsWire

Brooge Energy Ltd Subsidiary Completes Issuance of USD$200 million Senior Secured Bonds

NEW YORK, Sept. 11, 2020 (GLOBE NEWSWIRE) --  Brooge Energy Ltd. (“Brooge Energy” or the “Company”) (NASDAQ: BROG) today announced that its subsidiary, Brooge Petroleum and Gas Investment Company FZE ...

1 year ago - GlobeNewsWire