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Nostrum Oil & Gas ( (GB:NOG) ) has issued an update.
Nostrum Oil & Gas PLC has announced the appointment of Viktor Gladun as the new Chief Executive Officer and Nikolay Ivin as a Non-Executive Director, both effective from 15 July 2025. These appointments are part of the company’s strategic efforts to enhance its leadership team as it seeks to realize value from existing projects and manage the upcoming maturity of its Senior Secured and Unsecured Notes due in June 2026.
The most recent analyst rating on (GB:NOG) stock is a Buy with a £13.00 price target. To see the full list of analyst forecasts on Nostrum Oil & Gas stock, see the GB:NOG Stock Forecast page.
Spark’s Take on GB:NOG Stock
According to Spark, TipRanks’ AI Analyst, GB:NOG is a Neutral.
The overall stock score is primarily influenced by substantial financial challenges and a weak valuation, offset slightly by a positive outlook from recent strategic corporate events. Technical analysis remains neutral, providing no clear directional trend.
To see Spark’s full report on GB:NOG stock, click here.
More about Nostrum Oil & Gas
Nostrum Oil & Gas PLC is an independent mixed-asset energy company with world-class gas processing facilities and an export hub located in north-west Kazakhstan. The company’s principal producing asset is the Chinarevskoye field, operated by its wholly-owned subsidiary Zhaikmunai LLP. Nostrum also holds an 80% interest in Positiv Invest LLP, which manages the subsoil use rights for the Kamenskoe and Kamensko-Teplovsko-Tokarevskoe areas in the West Kazakhstan region.
Average Trading Volume: 103,586
Technical Sentiment Signal: Strong Sell
Current Market Cap: £5.54M
See more data about NOG stock on TipRanks’ Stock Analysis page.