Kistos Holdings
KIST · AIM · Energy · mcap £254m · 307.0p 1 open situation →
- EV
- £582m
- EV / EBIT
- –
- Net debt
- £327m
- FCF yield
- –
- Revenue
- –
- Share price 1y
- +80%
- Insiders 12m
- sold £185k
- Next report
- around 14 Sep
Timeline · every situation
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Large acquisition / reverse takeover
Oman oil acquisitions
Blocks 3 & 4 completed; Block 9 pending
Kistos acquired Oman interests in Blocks 3 & 4 (completed 14 September 2026, consolidated from 1 October 2026) and Block 9 (completion expected Q4 2026), both with a 1 January 2025 effective date. Oman contributed c.$75m of pro forma nine-month EBITDA. Completion payment cut cash to $165m and lifted adjusted net debt to $101m at 30 September 2026.
- Blocks 3 & 4
- Completed 14 September 2026; consolidated in Group results from 1 October 2026; subject to final completion adjustments 19 Oct 2026 ↗
- Block 9
- Completion anticipated Q4 2026; $20 million of bond proceeds held in escrow pending completion 19 Oct 2026 ↗
- Oman EBITDA
- c.$75 million pro forma, nine months to 30 September 2026, within c.$280 million Group total 19 Oct 2026 ↗
- Block 9 activity
- Operator added a fifth drilling rig after revised EPSA terms took effect 1 July 2026 19 Oct 2026 ↗
- Balance sheet
- Adjusted net debt $101 million at 30 September 2026 (30 June 2026: $23 million) 19 Oct 2026 ↗
Next: Completion of Block 9 acquisition
- 19 Oct 2026 Blocks 3 & 4 completed; Block 9 pending
Company filings. Not investment advice.