Petro Matad (MATD) AI Stock Analysis

• Market Cap: £22.31M
• Dividend Yield: N/A
• Average Volume (3M): 20.72M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.27
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: UK
• Employees: 16
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): >-0.01
• Shares Outstanding: 1,858,800,400
• 10 Day Avg. Volume: 43,137,580
• 30 Day Avg. Volume: 20,721,822
• PEG Ratio: -0.04
• Price to Book (P/B): 1.29
• Price to Sales (P/S): 30.33
• P/FCF Ratio: -2.45
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 50 Neutral
• Price Target: 1.00p ▼(-9.09% Downside)

The score is held back primarily by very weak profitability and consistently negative (and worsening) free cash flow, despite sharp revenue growth. A strong, low-debt balance sheet provides an important offset, while technical signals are mixed/neutral and valuation remains challenging due to losses and lack of dividend data.

Petro Matad Business Overview & Revenue Model

Company Description

Petro Matad Limited, together with its subsidiaries, explores for, develops, and produces oil in Mongolia. It holds 100% interests in production sharing contract blocks, including Ongi Block V that covers an area of approximately 7,937 square kilometers; and Matad Block XX that consists of an area of approximately 218 square kilometers in Mongolia. The company was incorporated in 2007 and is based in Douglas, the United Kingdom.

How the Company Makes Money

Petro Matad Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.03M	820.00K	351.00K	201.00K	46.00K	64.00K
Gross Profit	1.47M	185.00K	161.00K	52.00K	-135.00K	-160.00K
EBITDA	-9.28M	-10.45M	-5.74M	-2.80M	-2.09M	-3.15M
Net Income	-10.05M	-10.92M	-5.93M	-2.95M	-2.12M	-3.25M
Balance Sheet
Total Assets	19.78M	20.86M	21.40M	21.08M	24.09M	16.86M
Cash, Cash Equivalents and Short-Term Investments	2.38M	2.96M	4.03M	2.49M	8.21M	950.00K
Total Debt	38.07K	109.00K	0.00	0.00	6.00K	25.00K
Total Liabilities	2.17M	1.63M	348.00K	456.00K	377.00K	389.00K
Stockholders Equity	17.61M	19.23M	21.05M	20.63M	23.71M	16.47M
Cash Flow
Free Cash Flow	-8.61M	-10.15M	-3.52M	-2.94M	-2.39M	-3.28M
Operating Cash Flow	-8.26M	-9.80M	-3.49M	-2.73M	-2.38M	-3.26M
Investing Cash Flow	450.00K	2.50M	-3.49M	3.31M	-7.05M	1.49M
Financing Cash Flow	8.78M	8.78M	5.97M	-122.00K	9.65M	-83.00K

Petro Matad Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
EOG	53 Neutral	£18.45M	-2.68	―	―	―	―
SOU	53 Neutral	£19.56M	-2.41	-45.38%	―	―	―
MATD	50 Neutral	£22.31M	-2.14	-56.16%	―	―	―
ZEN	49 Neutral	£20.11M	-19.89	-1.55%	―	65.32%	97.00%
PRD	48 Neutral	£29.17M	-9.88	-12.26%	―	―	―
JOG	44 Neutral	£32.67M	-20.24	-6.74%	―	―	―

Petro Matad Corporate Events

Petro Matad Achieves Record Production and Advances Renewable Projects

Petro Matad Limited reported its most productive month to date with successful operations at Heron-1 and Gazelle-1, while Heron-2’s re-test was suspended for winter. The company is finalizing an Oil Sales Agreement with PetroChina and considering a farm-in proposal for Block XX. SunSteppe Renewable Energy is advancing several projects, including a 200MW hybrid renewable energy project and Mongolia’s first green hydrogen initiative, positioning itself as a key player in Mongolia’s renewable energy sector.

Petro Matad to Host Investor Presentation on Future Plans

Petro Matad Limited announced an upcoming Investor Presentation on 16 December 2025, where CEO Mike Buck and the management team will engage with shareholders via the Investor Meet Company platform. This event is significant for stakeholders as it provides an opportunity to gain insights into the company’s operations and future plans, potentially impacting investor confidence and market perception.

Petro Matad Commences Production at Gazelle-1 and Advances Heron Operations

Petro Matad Limited has announced that its Gazelle-1 well has commenced production at an initial rate of 200 barrels of oil per day, following successful testing in October. The company is also working on resolving issues with its Heron-2 well and is in discussions with PetroChina to amend their Oil Sales Agreement to ensure full payment and address withheld amounts. The Heron-1 well has completed its first year of production, delivering nearly 60,000 barrels of oil, and efforts are ongoing to connect it to the national electricity grid to reduce operational costs.