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Kistos Holdings PLC Reports Successful Production Ramp-Up and Future Plans

Story Highlights
  • Kistos Holdings PLC has ramped up production in the Balder Area, reaching over 110,000 boepd.
  • The company remains optimistic about future operations and seeks value-accretive acquisitions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kistos Holdings PLC Reports Successful Production Ramp-Up and Future Plans

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The latest update is out from Kistos PLC ( (GB:KIST) ).

Kistos Holdings PLC has announced a trading and operational update ahead of its half-year results for the period ended 30 June 2025. The company has successfully ramped up production in the Balder Area, reaching over 110,000 barrels of oil equivalent per day, with Kistos holding a 10% stake. The Balder Future project has achieved peak production, and further development phases are underway, promising additional production and value. Despite a temporary setback in Q10-A production, Kistos remains optimistic about future operations, including the imminent start-up of the Victory gas field and potential expansion of gas storage capacity. The company maintains its full-year production guidance and continues to seek value-accretive acquisitions.

The most recent analyst rating on (GB:KIST) stock is a Hold with a £158.00 price target. To see the full list of analyst forecasts on Kistos PLC stock, see the GB:KIST Stock Forecast page.

Spark’s Take on GB:KIST Stock

According to Spark, TipRanks’ AI Analyst, GB:KIST is a Neutral.

Kistos PLC’s overall stock score is primarily impacted by its weak financial performance, characterized by declining revenues and negative profitability. The technical analysis suggests a neutral to bearish outlook, while the valuation is unattractive due to a negative P/E ratio and lack of dividend yield. These factors collectively result in a low overall stock score.

To see Spark’s full report on GB:KIST stock, click here.

More about Kistos PLC

Kistos Holdings PLC is an independent energy company focused on generating value across the upstream and midstream markets.

Average Trading Volume: 156,372

Technical Sentiment Signal: Buy

Current Market Cap: £132.6M

For an in-depth examination of KIST stock, go to TipRanks’ Overview page.

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