Top Page
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
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | $14.82B | 8.14 | 6.06% | 5.50% | 4.59% | -64.35% | |
53 Neutral | £7.19M | ― | -95.12% | ― | ― | ― | |
50 Neutral | £6.78M | ― | ― | ― | ― | ||
41 Neutral | £5.36M | ― | ― | -0.72% | 72.76% | ||
| ― | £8.79M | ― | -2.81% | ― | ― | ― | |
| ― | £6.95M | ― | -2.34% | ― | ― | ― | |
33 Underperform | £7.51M | ― | -39.00% | ― | ― | 27.27% |
Nostrum Oil & Gas Corporate Events
Nostrum Oil & Gas reported strong revenue performance in the first half of 2025, despite weaker product prices and declining production from the Chinarevskoye field. The company achieved this through increased processing of third-party volumes and active well workover interventions. Nostrum plans to continue developing its Stepnoy Leopard assets and execute a limited-scale drilling campaign at the Chinarevskoye field, focusing on cost discipline and capital allocation to generate long-term value. The company also secured a reduced tolling fee agreement with Ural O&G, extending third-party processing terms until 2031, which supports efficient operations and cash flow. Financially, Nostrum’s revenue was approximately $64 million, with a positive net operating cash flow of $7 million, although cash reserves decreased due to capital expenditures and timing of shipments.
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 has announced a delay in interest payments on its senior secured and unsecured notes due to a payment administration issue requiring additional regulatory licenses related to sanctioned bondholders. This delay has resulted in an ‘Event of Default,’ although the company assures that it is not due to solvency or liquidity issues, as funds are available and secured. The company is actively seeking regulatory licenses and plans to launch a consent solicitation to amend payment methods and waive any defaults. The resolution process is expected to take several weeks, with noteholder meetings planned to expedite the process.
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 has announced a delay in interest payments on its outstanding notes due to administrative issues related to regulatory licenses and sanctioned bondholders. Despite the delay, the company assures that it has the necessary funds and is actively seeking regulatory approvals to facilitate payments. The company plans to launch a consent solicitation to permit interest payments outside of the clearing systems and to waive any defaults resulting from the delay, reflecting its proactive approach to resolving the issue.
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 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.