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Predator Oil & Gas Holdings Plc ( (GB:PRD) ) has shared an update.
Predator Oil & Gas Holdings has reported a 19% month-on-month rise in daily oil production in Trinidad to 367 barrels of oil per day as of 4 January 2026, after completing a development well at the Bonasse field and a heavy workover at the Goudron field ahead of schedule. The BON-17 well has opened a new, lower water-cut producing interval, while the GY-211 workover successfully accessed a previously abandoned reservoir, briefly flowing 221 barrels in 14 hours and underscoring the scope to lift output by re-entering legacy zones, supported by infrastructure upgrades such as a new transformer that cuts diesel use and improves lifting efficiency. With its 2026 work programme fully funded, Predator is now preparing a new high-impact development well and further heavy workovers in Goudron, alongside regulatory submissions for the Cory Moruga Snowcap-3 appraisal/development well, moves that management argues validate its recent expansion onshore Trinidad and position the company to benefit from the region’s heightened geopolitical significance and potential return of major service providers.
The most recent analyst rating on (GB:PRD) stock is a Hold with a £3.50 price target. To see the full list of analyst forecasts on Predator Oil & Gas Holdings Plc stock, see the GB:PRD Stock Forecast page.
Spark’s Take on GB:PRD Stock
According to Spark, TipRanks’ AI Analyst, GB:PRD is a Neutral.
The score is held down primarily by the lack of revenue and ongoing losses/negative free cash flow despite improvement in 2024. Technicals are supportive with price above major moving averages and a positive MACD, but very overbought RSI/Stochastic add near-term risk. Valuation is weak due to the negative P/E and no stated dividend yield.
To see Spark’s full report on GB:PRD stock, click here.
More about Predator Oil & Gas Holdings Plc
Predator Oil & Gas Holdings Plc is a Jersey-based oil and gas company listed on the London Stock Exchange, with producing hydrocarbon operations focused on onshore Trinidad and gas appraisal and development projects in Morocco. Its Trinidad portfolio consists of mature onshore oil fields where it pursues production enhancement and infill drilling via a Master Services Agreement with local operator NABI Construction, while in Morocco it is targeting shallow biogenic gas developments, potentially via CNG or micro-LNG, supported by favourable fiscal terms and existing gas export infrastructure.
Average Trading Volume: 1,056,485
Technical Sentiment Signal: Hold
Current Market Cap: £29.51M
For an in-depth examination of PRD stock, go to TipRanks’ Overview page.