UK Oil & Gas (LSE:UKOG) Beta: 3.8302 (As of Jun. 25, 2026)


What is UK Oil & Gas Beta?

UK Oil & Gas LSE:UKOG Beta is 3.8302 as of Jun. 25, 2026. The stock has 7 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-25), UK Oil & Gas's Beta is 3.8302.

UK Oil & Gas  (LSE:UKOG) Beta Explanation

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)

UK Oil & Gas Beta Related Terms

UK Oil & Gas Beta Historical Data

* Premium members only.

The historical data trend for UK Oil & Gas's Beta can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

UK Oil & Gas Beta Chart

UK Oil & Gas Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 2.47 2.87 2.56

UK Oil & Gas Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.47 2.57 2.87 2.36 2.56

LSE:UKOG vs COP, EOG, OXY: Beta Comparison

For the Oil & Gas E&P subindustry, UK Oil & Gas's Beta, along with its competitors' market caps and Beta data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

UK Oil & Gas Beta vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, UK Oil & Gas's Beta distribution charts can be found below:

* The bar in red indicates where UK Oil & Gas's Beta falls into.


UK Oil & Gas Beta Calculation

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.

Frequently Asked Questions Learn more about Beta →
What does a Beta of 3.8302 mean?
UK Oil & Gas (LSE:UKOG) has a Beta of 3.8302 as of Jun. 25, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for UK Oil & Gas and its competitors.
Is UK Oil & Gas' Beta too high?
UK Oil & Gas' current Beta is 3.8302.
How does UK Oil & Gas' Beta compare to COP and EOG?
UK Oil & Gas' Beta of 3.8302 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beta for an Oil & Gas company?
A good Beta depends on the Oil & Gas industry context. However, Beta should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beta mean?
A high Beta can signal that a stock is expensive relative to its fundamentals. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for UK Oil & Gas and its competitors. UK Oil & Gas's current Beta is 3.8302. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UK Oil & Gas stock overvalued right now?
UK Oil & Gas (LSE:UKOG) has a current Beta of 3.8302. The current Beta is 3.8302. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beta calculated?
Beta is calculated from a company's financial statements. For UK Oil & Gas (LSE:UKOG), the current Beta is 3.8302 as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

UK Oil & Gas Business Description

Industry EnergyOil & Gas
Other Exchanges 0UK0:Germany
Address 20 Primrose Street, 8th Floor, The Broadgate Tower, London, GBR, EC2A 2EW
UK Oil & Gas PLC focuses on hydrogen storage and the exploration, appraisal, and development of oil and gas assets. It is actively engaged in oil production, oil and gas exploration and evaluation, as well as salt cavern hydrogen storage projects located in South Dorset and East Yorkshire. The company operates as an oil and gas exploration company that is transitioning from its previous onshore petroleum operations in the UK and Turkey towards clean energy development. The company's operations are organized into three reportable segments: Oil Production, which covers all producing business activities; Oil Exploration and Evaluation, which includes non-producing activities; and Head Office, encompassing corporate, administrative, and parent company functions.