Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Nostrum Oil & Gas ( (GB:NOG) ) has issued an announcement.
Nostrum Oil & Gas has issued a further statement following its 2025 AGM, where shareholders rejected resolutions on the directors’ remuneration report, the reappointment of two directors and a shorter notice period for general meetings, and gave only limited support to the reappointment of two other board members. After engaging with investors, the board reported that concerns centred on the size, appropriateness and timing of payments under the company’s management incentive plan, and it is now reviewing the scheme’s operation, considering halting further grants or payouts, and revising the Remuneration Committee’s terms of reference and board composition. The company has pledged to maintain dialogue with shareholders to address governance and pay issues, with a final summary of consultation feedback to be included in its next annual report, signalling a bid to repair investor trust and align executive incentives more closely with stakeholder expectations.
The most recent analyst rating on (GB:NOG) stock is a Hold with a £3.50 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 financial performance challenges, including high leverage and cash flow issues. While technical analysis shows a stable outlook, valuation concerns and ongoing financial hurdles weigh heavily on the score. Positive corporate events provide some optimism, but significant risks remain.
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 focused on the production, development and exploration of oil and gas in the pre-Caspian Basin, with world-class gas processing facilities and an export hub in north-west Kazakhstan. Listed on the London Stock Exchange, its principal producing asset is the Chinarevskoye field operated through subsidiary Zhaikmunai LLP, and it also holds an 80% interest in Positiv Invest LLP, which owns subsoil rights to the Kamenskoe and Kamensko-Teplovsko-Tokarevskoe areas in West Kazakhstan.
Average Trading Volume: 22,053
Technical Sentiment Signal: Sell
Current Market Cap: £6.37M
Find detailed analytics on NOG stock on TipRanks’ Stock Analysis page.