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 | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 121.19M | 137.08M | 119.63M | 199.72M | 195.28M | 175.94M |
| Gross Profit | 47.73M | 65.07M | 42.00M | 115.66M | 99.65M | 50.55M |
| EBITDA | 99.32M | 143.38M | 973.69M | 76.21M | 101.97M | 69.81M |
| Net Income | -61.60M | -26.58M | 831.66M | -116.44M | -26.12M | -327.43M |
Balance Sheet | ||||||
| Total Assets | 594.73M | 606.00M | 519.34M | 590.12M | 565.31M | 505.42M |
| Cash, Cash Equivalents and Short-Term Investments | 147.35M | 150.42M | 161.71M | 233.58M | 165.25M | 78.58M |
| Total Debt | 665.65M | 571.37M | 471.75M | 1.40B | 1.29B | 1.19B |
| Total Liabilities | 798.86M | 698.48M | 585.01M | 1.53B | 1.39B | 1.27B |
| Stockholders Equity | -203.48M | -92.54M | -66.17M | -940.23M | -823.25M | -759.75M |
Cash Flow | ||||||
| Free Cash Flow | -3.76M | 535.00K | -19.48M | 87.43M | 108.58M | 56.47M |
| Operating Cash Flow | 15.41M | 33.08M | -2.22M | 102.20M | 117.42M | 82.75M |
| Investing Cash Flow | -14.50M | -26.47M | -28.08M | -15.78M | -19.78M | -40.10M |
| Financing Cash Flow | -8.50M | -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 |
|---|---|---|---|---|---|---|---|
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
51 Neutral | £11.63M | -19.17 | ― | ― | -12.37% | 76.00% | |
48 Neutral | £5.90M | -2.42 | -16.07% | ― | ― | ― | |
47 Neutral | £10.70M | -3.50 | -7.32% | ― | ― | ― | |
46 Neutral | £5.48M | -0.12 | ― | ― | -10.73% | 24.24% | |
34 Underperform | £7.92M | -14.47 | -13.06% | 55.43% | 14.40% | 26.92% |
Nostrum Oil & Gas Corporate Events
Nostrum Oil & Gas has announced that its financing subsidiary, Nostrum Oil & Gas Finance B.V., has not yet paid accrued interest that was due by 30 June 2025 and again by 31 December 2025 on its senior secured and senior unsecured notes, despite the notes being guaranteed by the parent company. The delay stems from ongoing payment administration and licensing issues that prevent payments from being processed through clearing systems, rather than from any solvency or liquidity concerns, with the company stressing that the necessary funds are available and secured. To mitigate the impact on noteholders, the issuer has made the second consent fee payment under a previously agreed consent solicitation, ensuring that the missed interest payments do not trigger a default or event of default on the notes, and holders eligible for the consent fee are expected to receive their payments in the coming days.
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.
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.
Nostrum Oil & Gas has reported its financial results for the third quarter and first nine months of 2025, showing resilience despite challenges such as weaker oil prices and natural production decline at the Chinarevskoye field. The company achieved an EBITDA of $26.8 million, reduced operating expenses by 28% per barrel, and maintained a strong liquidity position with a net positive operating cash flow of $21.6 million. Nostrum also saw a 33% increase in average processed volumes and an 18.5% rise in average daily titled production volumes, driven by increased processing of Ural O&G feedstock. The company continues to focus on maximizing facility uptime, cost control, and efficient resource allocation to support growth projects, while maintaining a strong commitment to health, safety, and environmental standards.
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.
Nostrum Oil & Gas PLC has announced the appointment of Robert Wynne as a non-executive director, chair of the nomination and governance committee, and member of both the strategy and audit committees, effective November 20, 2025. Wynne brings 40 years of experience in the global oil and gas industry and investment banking, which is expected to enhance the company’s governance and support its strategic goals in expanding domestic raw gas processing and production in Kazakhstan. Additionally, Nikolay Ivin has been appointed to the nomination and governance committee, resigning from the audit committee. These changes are anticipated to strengthen Nostrum’s board and align with its growth objectives in the region.
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.
Nostrum Oil & Gas PLC announced a change in its audit committee with the appointment of Nikolay Ivin as a new member, effective 31 October 2025. This move is part of the company’s ongoing efforts to comply with the provisions of its warrant instrument regarding board committee composition. The announcement reflects Nostrum’s commitment to maintaining governance standards and may impact its strategic operations and stakeholder relations.
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.
Nostrum Oil & Gas PLC reported strong operational results for the first nine months of 2025, despite facing challenges such as lower oil prices and natural decline in its mature Chinarevskoye field. The company achieved a 33% increase in processed volumes, driven by ramped-up third-party feedstock, and a 19.9% increase in average daily sales volumes. However, revenue decreased due to a less favorable product mix and a decline in oil prices. Nostrum is advancing its development plans for the Stepnoy Leopard asset and continuing its drilling and workover program at Chinarevskoye, aiming to create sustainable value for stakeholders. The company also extended its third-party hydrocarbon processing agreement with Ural Oil & Gas through 2031, enhancing cash flows and operational efficiency.
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.
Nostrum Oil & Gas PLC has announced the appointment of James Hart as an independent non-executive director, effective 23 October 2025. Hart, a seasoned professional in special situations and dispute resolution, will also serve on the audit committee and chair the remuneration committee. Additionally, the company has made changes to its strategy committee, with Nikolay Ivin appointed as chairman and Viktor Gladun as a member. These board changes are part of the company’s efforts to comply with the warrant instrument requirements and are anticipated to enhance the company’s governance and strategic oversight.
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.
Nostrum Oil & Gas PLC announced the retirement of Stephen Whyte as Chairman and the appointment of Nikolay Ivin as his successor, effective October 16, 2025. Mr. Ivin brings extensive corporate finance expertise from his roles in various financial institutions and advisory firms, enhancing the company’s leadership as it prepares for the maturity of its Senior Secured and Unsecured Notes in June 2026. This leadership transition is part of a broader strategy to reconstitute the board and its committees, aiming to strengthen and grow the company’s business operations.
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.