Petro Matad Limited

MATDEnergy
0.7675GBX
-0.97%
Market Cap
19.47M
Volume
10.35M
127% of avg
P/E Ratio
EPS (TTM)
0
Beta
1.36
Day Range
0.6500p - 0.8000p
52 Week Range
0.6500p0.7675p3.5000p
0.7675p

Upcoming Events

30 July 2025
Investor Presentation
Early August 2025
Next oil sales payments expected
High Impact Event
2026
Targeted milestone of selling 1 million barrels of oil
High Impact Event
Early July 2026
Potential cash runway end based on current projections
High Impact Event
Late December 2026
Estimated achievement of 1 million barrels of oil sales
High Impact Event
MATD
NEUTRAL

Petro Matad Provides Operational Update: Stable Production, Cost Reduction Efforts, and Renewable Energy Progress

The oil and gas company reports stable production, cost reduction efforts, and renewable energy progress, but faces delays in oil sales payments.

MATD
NEUTRAL

Petro Matad Announces Investor Presentation

The oil and gas exploration company is hosting an investor presentation on its operations.

MATD
GOOD

Petro Matad Completes Retail Offering

The oil and gas exploration company has successfully completed a retail offering, raising funds at the previous closing price without significant dilution for existing shareholders.

MATD
BAD

Petro Matad Announces Retail Offer at Significant Discount

The energy company announces a retail offer at a 27% discount, raising concerns about low investor appetite and potential dilution for existing shareholders.

MATD
BAD

Petro Matad Raises £2.84m Through Discounted Placing

The oil and gas explorer has raised £2.84m through a discounted share placing, indicating low investor appetite for the company's stock.

MATD
BAD

Petro Matad Announces Discounted Capital Raise

The oil and gas company is raising funds through a heavily discounted share placement, signaling potential financial difficulties and weakening investor confidence.

MATD
BAD

Petro Matad Reports First Oil Production Amid Widening Losses

The oil explorer has commenced production and secured a sales agreement, marking a pivotal milestone. However, widening losses and a shrinking cash position overshadow these achievements, raising concerns about financial sustainability.

MATD
BAD

Petro Matad Reports First Oil Production Amid Widening Losses

The oil explorer has begun production but faces widening losses and operational challenges. Despite diversification efforts, financial concerns and sector headwinds persist.

MATD
GOOD

Petro Matad Receives Partial Payment for Oil Production

The oil and gas explorer has received partial payment for its oil production, a positive sign the company is generating revenue from its operations.

MATD
NEUTRAL

Petro Matad Provides Operational Update on Mongolian Oil Production

The oil and gas explorer provides an operational update on its Mongolian assets, including ongoing production from the Heron 1 well and plans to optimize operations. However, the company faces uncertainty around potential charges on oil sales and production challenges.