How to buy Independent Oil and Gas shares | 11.5p

Own Independent Oil and Gas shares in just a few minutes.

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Independent Oil and Gas plc (IOG) is a leading oil & gas e&p business based in the UK. It opened the day at 11.7p after a previous close of 11.625p. During the day the price has varied from a low of 11.22p to a high of 11.8046p. The latest price was 11.5p (25 minute delay). Independent Oil and Gas is listed on the London Stock Exchange (LSE) and employs 26 staff. All prices are listed in pence sterling.

How to buy shares in Independent Oil and Gas

  1. Choose a platform. If you're a beginner, our share-dealing table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: IOG in this case.
  5. Research Independent Oil and Gas shares. The platform should provide the latest information available.
  6. Buy your Independent Oil and Gas shares. It's that simple.

How has Coronavirus impacted Independent Oil and Gas's share price?

Since the stock market crash in March caused by coronavirus, Independent Oil and Gas's share price has had significant negative movement.

Its last market close was 11.95p, which is 33.61% down on its pre-crash value of 18p and 28.22% up on the lowest point reached during the March crash when the shares fell as low as 9.32p.

If you had bought £1,000 worth of Independent Oil and Gas shares at the start of February 2020, those shares would have been worth £560.88 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth £653.90.

Independent Oil and Gas share price

Use our graph to track the performance of IOG stocks over time.

Independent Oil and Gas shares at a glance

Information last updated 2020-07-02.
Open11.7p
High11.8046p
Low11.22p
Close11.5p
Previous close11.625p
Change -0.125p
Change % -1.075%
Volume 110,883
Information last updated 2020-07-12.
52-week range9.32p - 26p
50-day moving average 11.9221p
200-day moving average 14.0147p
Wall St. target price69.83p
PE ratio 3.2432
Dividend yield N/A (0%)
Earnings per share (TTM) 3.7p
Fineco

Get your first 50 trades commission free with Fineco

Fees apply. Your capital is at risk.

  • Market leading platform
  • No minimum deposit, no conversion fee, no monthly fee
  • Your first 50 share trades are free until 30/09/2020
Promoted

Share dealing platform comparison

Table: sorted by promoted deals first
Data indicated here is updated regularly
Name Product Price per trade Frequent trader rate Platform fees Brand description
Fineco
£2.95
£2.95
Zero platform fee
Fineco Bank is good for share traders and investors looking for a complete platform and wide offer. Your first 50 trades are free with Fineco, until 30/09/2020. T&Cs apply. Capital at risk.
IG
0% commission on US shares, and £3 on UK shares
From £5
£0 - £24 per quarter
IG is good for experienced traders, and offers learning resources for beginners, all with wide access to shares, ETFs and funds. Capital at risk.
Hargreaves Lansdown Fund & Share Account
£11.95
£5.95
Transfer out fee
Hargreaves Lansdown is the UK's biggest wealth manager, with the depth of features you'd expect from an established platform. Capital at risk.
eToro Free Stocks
0% commission, no markup, no ticket fee, no management fee
N/A
Withdrawal fee & GDP to USD deposit conversion
eToro is good for social trading - letting you mirror the portfolios of other traders. Capital at risk. 0% commission but other fees may apply.
Interactive Investor
From £7.99 on the Investor Service Plan
From £7.99 on the Investor Service Plan
No transfer fees or exit fees. £9.99 a month on the Investor Service Plan
Capital at risk.
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Compare up to 4 providers

Data indicated here is updated regularly
Name Product Minimum deposit Maximum annual fee Price per trade Brand description
Hargreaves Lansdown stocks and shares ISA
£100
0.45%
£11.95
Hargreaves Lansdown is the UK's biggest wealth manager. It's got everything you'll need, from beginners to experienced investors. Capital at risk.
Interactive Investor stocks and shares ISA
£100 or £25 a month
£119.88
£7.99
Interactive Investor offers everything most investors need. Its flat fees makes it pricey for small portfolios, but cheap for big ones. Capital at risk.
Saxo Markets stocks and shares ISA
No minimum deposit requirement
0.12%
£8.00
Saxo Markets offers a wide access to a range of stocks, ETFs and funds. Capital at risk.
AJ Bell stocks and shares ISA
£500
0.25%
£9.95
AJ Bell is a good all-rounder for people who to choose between shares, funds, ISAs and pensions. Capital at risk.
Fidelity stocks and shares ISA
£1000 or a regular savings plan from £50
0.35%
£10.00
Fidelity is another good all-rounder, offering a good package at a decent price. Not suited for trading shares. Capital at risk.
Nutmeg stocks and shares ISA
£100
0.75%
£0
Nutmeg offers three types of portfolios. Choose the one that goes with your investment style. Capital at risk.
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Data indicated here is updated regularly
Name Product Minimum investment Choose from Annual fee Brand description
PensionBee Pension
No minimum
7 funds
0.5% - 0.95%
Pension Bee is a newbie in the pension market. It helps consolidate your pension plans into one place. Capital at risk.
Hargreaves Lansdown Pension
£100
2,500 funds
0-0.45%
Hargreaves Lansdown is the UK's biggest wealth manager. It's got three different retirement options. Capital at risk.
Interactive Investor Pension
£25/month
Over 2,500 funds
£10/month
interactive investor is a flat-fee platform, which makes it cost effective for larger portfolios. Capital at risk.
Saxo Markets Pension
Saxo Markets Pension
£10
Over 11,000 funds
No annual fee
Saxo Markets gives flexibility and control over your investment strategy. Capital at risk.
AJ Bell Pension
£1,000
Over 2,000 funds
0.05-0.25%
AJ Bell has two different pension options, a self managed pension and one that is managed for you. Capital at risk.
Moneybox Pension
£1
3 funds
0.15% - 0.45% charged monthly
Manage your money with an easy-to-use Moneybox app. Capital at risk.
Moneyfarm Pension
Moneyfarm Pension
0.35%-0.75%
7 funds
£1,500 (initial investment)
Moneyfarm has pensions that are matched against your risk appetite, goals and planned retirement date. Capital at risk.
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Compare up to 4 providers

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Capital is at risk.

Is it a good time to buy Independent Oil and Gas stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Independent Oil and Gas price performance over time

Historical closes compared with the last close of 11.5p

1 week (2020-07-03) 1.10%
1 month (2020-06-12) -8.00%
3 months (2020-04-09) -14.81%
6 months (2020-01-10) -41.03%
1 year (2019-07-12) -19.83%
2 years (2018-07-12) -60.68%
3 years (2017-07-12) -8.91%
5 years (2015-07-10) -34.29%

Is Independent Oil and Gas under- or over-valued?

Valuing Independent Oil and Gas stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Independent Oil and Gas's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Independent Oil and Gas's P/E ratio

Independent Oil and Gas's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 3x. In other words, Independent Oil and Gas shares trade at around 3x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the FTSE 250 at the end of September 2019 (19.71). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Independent Oil and Gas financials

Gross profit TTM £-4,027,000
Return on assets TTM -4.33%
Return on equity TTM 86.44%
Profit margin 0%
Book value 0.084p
Market capitalisation £64.8 million

TTM: trailing 12 months

Independent Oil and Gas share dividends

We're not expecting Independent Oil and Gas to pay a dividend over the next 12 months. However, you can browse other dividend-paying shares in our guide.

Independent Oil and Gas share price volatility

Over the last 12 months, Independent Oil and Gas's shares have ranged in value from as little as 9.32p up to 26p. A popular way to gauge a stock's volatility is its "beta".

IOG.LSE volatility(beta: 1.02)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (LSE average) beta is 1, while Independent Oil and Gas's is 1.0192. This would suggest that Independent Oil and Gas's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Independent Oil and Gas overview

Independent Oil and Gas plc explores for and develops oil and gas properties in the North Sea, the United Kingdom. It focuses on the development of hydrocarbons. The company 50% working interests in the Blythe gas field, Elgood, Elland, Nailsworth, Southwark, Goddard, and Abbeydale; and 100% interests in Harvey and Redwell properties in the North Sea. It also owns and operates pipelines. Independent Oil and Gas plc was incorporated in 2010 and is headquartered in London, the United Kingdom.

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