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Nostrum Oil & Gas
(LSE:NOG)
Nostrum Oil & Gas (NOG) vs. iShares MSCI United Kingdom ETF (EWC)
Nostrum Oil & Gas Business Overview & Revenue Model
Nostrum Oil & Gas Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 137.08M | 119.63M | 199.72M | 195.28M | 175.94M |
| Gross Profit | 65.07M | 42.00M | 115.66M | 99.65M | 50.55M |
| EBITDA | 143.38M | 42.14M | 76.21M | 101.97M | 69.81M |
| Net Income | -26.58M | 831.66M | -116.44M | -26.12M | -327.43M |
Balance Sheet | |||||
| Total Assets | 606.00M | 519.34M | 590.12M | 565.31M | 505.42M |
| Cash, Cash Equivalents and Short-Term Investments | 150.42M | 161.71M | 233.58M | 165.25M | 78.58M |
| Total Debt | 571.37M | 471.75M | 1.40B | 1.29B | 1.19B |
| Total Liabilities | 698.48M | 585.01M | 1.53B | 1.39B | 1.27B |
| Stockholders Equity | -92.54M | -66.17M | -940.23M | -823.25M | -759.75M |
Cash Flow | |||||
| Free Cash Flow | 535.00K | -19.48M | 87.43M | 108.58M | 56.47M |
| Operating Cash Flow | 33.08M | -2.22M | 102.20M | 117.42M | 82.75M |
| Investing Cash Flow | -26.47M | -28.08M | -15.78M | -19.78M | -40.10M |
| Financing Cash Flow | -17.71M | -41.62M | -17.48M | -10.86M | -58.43M |
Nostrum Oil & Gas Technical Analysis
Nostrum Oil & Gas Peers Comparison
Nostrum Oil & Gas Corporate Events
Nostrum Oil & Gas PLC has announced the appointment of Viktor Gladun as the new Chief Executive Officer and Nikolay Ivin as a Non-Executive Director, both effective from 15 July 2025. These appointments are part of the company’s strategic efforts to enhance its leadership team as it seeks to realize value from existing projects and manage the upcoming maturity of its Senior Secured and Unsecured Notes due in June 2026.
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.
Nostrum Oil & Gas Finance B.V., a subsidiary of Nostrum Oil & Gas PLC, announced a delay in interest payments on its outstanding notes due to a payment administration issue. The delay does not indicate any solvency or liquidity problems, as the necessary funds are available and secured. The company is actively working to resolve the issue, which has impacted its ability to process payments through clearing systems.
The most recent analyst rating on (GB:NOG) stock is a Hold with a £6.00 price target. To see the full list of analyst forecasts on Nostrum Oil & Gas stock, see the GB:NOG Stock Forecast page.
Nostrum Oil & Gas PLC has announced significant changes in its leadership and governance structure following a period of operational achievements. The company secured 138 million barrels of undeveloped proven reserves in its Stepnoy Leopard fields, extended a gas processing agreement with Ural Oil & Gas to 2031, and implemented a cost-effective rejuvenation campaign for the Chinarevskoye field. As part of its strategic transition, CEO Arfan Khan and non-executive director Chris Hopkinson have stepped down, with Viktor Gladun proposed as the new CEO. These changes aim to facilitate the company’s focus on executing and monetizing value-creating projects, including the development of a midstream business to support the commercial development of the Stepnoy Leopard field.
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.
Nostrum Oil & Gas PLC announced the results of its Annual General Meeting, revealing that several key resolutions, including the approval of the Directors’ Remuneration Report and the reappointment of certain directors, were not passed by shareholders. The company plans to engage with shareholders to understand their concerns and will provide an update within six months. Additionally, Nostrum has begun discussions with principal investors regarding the maturity of its Senior Secured and Unsecured Notes due in June 2026.
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.
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.
Nostrum Oil & Gas PLC reported a strong start to 2025 with a 41% year-over-year increase in average daily titled production and a 68% rise in total processed volumes, driven by the ramp-up of Ural Oil & Gas LLP production and new output from Chinarevskoye well No.301. Despite a slight dip in revenue to $30 million due to a temporary crude oil inventory build-up, the company achieved a 2.8% increase in EBITDA and reduced operating expenses per barrel by 39.5%. The approval of a phased full-field development plan for the Stepnoy Leopard fields marks a significant milestone, targeting production start-up between late 2026 and early 2027, while an extended processing agreement with Ural O&G secures long-term value until 2031.
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.
Nostrum Oil & Gas reported a strong operational performance in Q1 2025, with a 41% increase in average daily titled production volumes and a 68% rise in total processed volumes compared to the previous year. This growth was driven by increased production from Ural Oil & Gas and the completion of well No.301. The company also secured approval for a phased development plan for the Stepnoy Leopard fields, extending until 2044, and entered a new processing agreement with Ural O&G to ensure sustainable cash flows. Financially, Nostrum’s revenue was slightly impacted by a temporary crude oil inventory build-up, but the company maintained a stable cash position and continues to focus on cost control and operational efficiency.
Nostrum Oil & Gas PLC has published its 2024 report on payments to governments, detailing financial transactions in compliance with UK regulations. This transparency initiative is part of the company’s adherence to the Financial Conduct Authority’s rules, potentially impacting its reputation and stakeholder trust.
Nostrum Oil & Gas PLC reported robust financial and operational performance for the year ended 31 December 2024, with a 48% increase in production volumes and nearly doubled processed volumes. The company achieved significant revenue and EBITDA growth, driven by increased processing efficiencies and disciplined cost management. Key milestones included the ramp-up of raw gas feedstock from Ural Oil & Gas LLP, additional production from the Chinarevskoye drilling program, and the approval of a phased development plan for the Stepnoy Leopard fields by Kazakhstan’s Ministry of Energy. The company also extended its agreement with Ural O&G for processing third-party hydrocarbons, ensuring sustainable cash flows and plant operations until 2031. Nostrum maintained a strong liquidity position with net positive operating cash flows and a substantial unrestricted cash balance, while also achieving a zero-fatality record and reducing emission intensity by 28%.