Star Energy Group PLC
STSR
Other OTC2.62
USD
- -
- -
CIK
0001698538
ISIN
US86279B1089
CUSIP
86279B108
Return %
Stock
S&P500
1Y
0.19
19.43
3Y
0.19
76.01
5Y
0.19
74.94
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- John D. Strockis
- Sector
- Energy
- Industry
- Oil & Gas Energy
- Address
- Barfield Lane, Off Wragby Road, Sudbrooke, Lincoln, England, LN2 2QX United Kingdom
- IPO Date
- Sep 5, 2025
- CIK
- 0001698538
- Similar Companies
- Business
- Star Energy Group PLC (LSE: STAR) operates as a leading onshore energy producer in the United Kingdom, focusing on the exploration, development, production and sale of hydrocarbons including natural gas and crude oil; it also develops geothermal energy projects to support the energy transition. The company manages 28 onshore oil and gas fields across more than 90 sites primarily in the East Midlands and Weald Basin regions of England, delivering natural gas for heating, electricity generation and industrial use alongside crude oil for transport fuels, manufacturing feedstocks and aviation demand; average net production reached 1,989 barrels of oil equivalent per day (boe/d) in 2024, with guidance for around 2,000 boe/d in 2025. Incorporated in 2003 and headquartered at Welton Gathering Centre, Barfield Lane, Sudbrooke, Lincoln, LN2 2QX, United Kingdom, Star Energy operates in two main segments—Oil & Gas, which generates the majority of revenue, and Geothermal—with geographic activities spanning the United Kingdom and Croatia. The company emphasizes efficient operations and organic growth through short-payback projects, including recent investments in oil and gas asset upgrades such as pipeline replacements at Gainsborough, water injection enhancements at Stockbridge fields and optimization initiatives across its portfolio; in 2024, it allocated £5.6 million to these efforts alongside £11.0 million planned for 2025, featuring the Singleton gas-to-wire project set to deliver 74 boe/d by late 2025 via electricity generation from previously flared gas. Geothermal operations advanced with fulfillment of Ernestinovo licence commitments, acquisition and analysis of magnetotelluric data for Sječe and Pčelić blocks in Croatia, seismic surveys for UK projects including Salisbury NHS Foundation Trust and Wythenshawe Hospital, and progression of a broader pipeline targeting NHS decarbonization tenders in Manchester and Southampton areas. Recent strategic developments include securing a €25 million debt facility with Kommunalkredit Austria AG primarily for geothermal expansion, enabling reinvestment of oil and gas cash flows; exchanged contracts in 2024 for the sale of non-core land valued at £6.3 million, with completion anticipated in H1 2025; organizational changes and cost optimizations projecting £1.5 million in G&A savings for 2025; an increased stake in A14 Energy Ltd (previously acquired at 51% in 2023), a Croatian geothermal developer, enhancing farm-down flexibility without material near-term cost exposure due to carry arrangements; and earlier diversification via the 2020 acquisition of GT Energy for UK geothermal heat decarbonization.