Nostrum Oil & Gas Releases 2024 Annual Report and Announces 2025 AGM

Nostrum Oil & Gas ( (GB:NOG) ) has provided an update.

Nostrum Oil & Gas PLC has published its Annual Report and Accounts for the year ending 31 December 2024, alongside the notice for its 2025 Annual General Meeting. The meeting is scheduled for 30 June 2025 in London, and the documents have been submitted to the Financial Conduct Authority for inspection. This publication is a routine disclosure that provides shareholders and stakeholders with insights into the company’s financial health and strategic direction.

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.

Nostrum Oil & Gas’s overall stock score is primarily hindered by its weak financial performance, characterized by persistent net losses and negative equity, which pose significant risks. Technical analysis supports a bearish outlook, compounded by a poor valuation with negative earnings. However, recent corporate events indicating strong operational performance and strategic developments provide some optimism for future growth, partially offsetting the financial challenges.

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 in north-west Kazakhstan. The company’s principal producing asset is the Chinarevskoye field, operated by its subsidiary Zhaikmunai LLP, and it holds significant interests in other fields in the West Kazakhstan region.

Average Trading Volume: 122,514

Technical Sentiment Signal: Sell

Current Market Cap: £5.61M

For detailed information about NOG stock, go to TipRanks’ Stock Analysis page.