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Nostrum Oil & Gas ( (GB:NOG) ) has issued an update.
Nostrum Oil & Gas PLC reported positive financial results for the first half of 2025, achieving a US$22.4 million EBITDA with a 35% margin despite weaker product prices and declining production from the Chinarevskoye field. The company increased processed volumes by 65%, demonstrating its reliability and positioning as a major regional gas processor. Nostrum launched a limited-scale drilling program for the Chinarevskoye field and secured approval for a phased development plan for the Stepnoy Leopard Fields, enhancing its upstream potential. The company also extended its agreement with Ural O&G for third-party hydrocarbon processing until 2031, supporting cash flows and efficient plant operations.
The most recent analyst rating on (GB:NOG) stock is a Hold with a £3.00 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 impacted by its weak financial performance and valuation, reflecting significant financial distress and unprofitability. Technical analysis also indicates bearish momentum. While some corporate events show strategic progress, ongoing challenges like interest payment delays and shareholder dissatisfaction weigh heavily on the stock’s outlook.
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 is listed on the London Stock Exchange and focuses on gas processing and upstream operations.
Average Trading Volume: 42,077
Technical Sentiment Signal: Strong Sell
Current Market Cap: £5.36M
For detailed information about NOG stock, go to TipRanks’ Stock Analysis page.