Petro Matad Share Price (MATD)

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Petro Matad	LSE:MATD	London	Ordinary Share	IM00B292WR19	ORD USD0.01

	Price Change	% Change	Share Price	Shares Traded	Last Trade
	+0.05p	+0.56%	8.95p	5,747,264	15:26:05

Bid Price		Offer Price	High Price	Low Price	Open Price
8.90p		9.00p	9.00p	8.90p	8.90p

Industry Sector	Turnover (m)	Profit (m)	EPS - Basic	PE Ratio	Market Cap (m)
Oil & Gas Producers	0.16	-7.35	-2.37		59.3

Related Shares
Shell A (RDSA), BP (BP.), Spitfire Oil (SRO), Nighthawk Energy (HAWK)

Petro Matad (MATD) Latest News

Petro Matad News

Date	Time	Source	Headline
11/7/2018	09:00	UKREG	Petro Matad Limited Director/PDMR Shareholding
10/7/2018	11:31	ALNC	Petro Matad Spuds Snow Leopard-1 Well In Central Mongolia
10/7/2018	07:25	ALNCF	Alliance News Flash Headline
10/7/2018	07:00	UKREG	Petro Matad Limited Spud of the Snow Leopard-1 Well
03/7/2018	09:37	UKREG	Petro Matad Limited Result of EGM and Total Voting Rights
02/7/2018	08:30	UKREG	Petro Matad Limited Shareholder and Analyst meetings and presentation
25/6/2018	13:27	ALNC	Petro Matad Says It Will Spud Snow Leopard-1 Well In July
25/6/2018	07:01	UKREG	Petro Matad Limited Operational update
15/6/2018	17:00	UKREG	Petro Matad Limited Publication of Circular and Notice of EGM
14/6/2018	11:32	ALNC	Petro Matad Successfully Raises Cash To Fund Mongolian Drilling (ALLISS)

More Petro Matad News

Petro Matad Takeover Rumours

Petro Matad (MATD) Share Charts

1 Year Petro Matad Chart

1 Month Petro Matad Chart

Intraday Petro Matad Chart

Petro Matad (MATD) Discussions and Chat

Petro Matad Forums and Chat

Date	Time	Title	Posts
20/7/2018	00:33	Petro Matad - Fully funded 6 well campaign for H2 2018/H1 2019	80
17/7/2018	17:12	MATD RISE OF THE PHOENIX	5,005
03/4/2018	15:38	The Resurrection Of MATD	365
26/9/2017	14:42	MR EVILS ADFVN UNITED DRIBBLERS THREAD	3
23/1/2017	20:10	Petro Matad	7,108

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Petro Matad (MATD) Most Recent Trades

Trade Time	Trade Price	Trade Size	Trade Value	Trade Type
2018-07-19 15:27:32	9.00	76,853	6,912.93	O
2018-07-19 15:27:11	9.00	50,000	4,497.50	O
2018-07-19 15:26:35	9.00	6,948	624.97	O
2018-07-19 15:25:31	9.00	150,000	13,492.50	O
2018-07-19 15:18:56	8.95	1,250,000	111,875.00	O

View all Petro Matad trades in real-time

Petro Matad (MATD) Top Chat Posts

Date	Subject
19/7/2018 09:20	Petro Matad Daily Update: Petro Matad is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker MATD. The last closing price for Petro Matad was 8.90p. Petro Matad has a 4 week average price of 8.55p and a 12 week average price of 8.55p. The 1 year high share price is 14.75p while the 1 year low share price is currently 5.13p. There are currently 662,155,749 shares in issue and the average daily traded volume is 5,959,465 shares. The market capitalisation of Petro Matad is £59,262,939.54. Read Full Thread Reply
12/7/2018 14:14	nicky21: Guys you really need to check out COPL currently to buy 0.55p.a potential to be a multi baggar.it tried its luck in Liberia but failed to find any Oil.It is now concentrating in Nigeria.There it has partnered with Shoreline a Nigerian company. Copl and Shoreline have ventured together and created a company called Shorecan which is owned 50/50 by both.They have bidded for a Licence and are awaiting Approval and Transfer of Asset. The asset is OPL 226.Five wells have been drilled on OPL 226 by previous operators.A well drilled in 2001 encountered Oil. When all approvals are sorted then it will drill an appraisal well on the discovery in 2001.Financing for the drilling is meant to be secured for rumours are true. What is holding the share price back presently is NNPC approval. $60m was spent on this asset by the previous operator.the potential for Copl is huge. I know most of you gonna say its another Nigerian scam.IMO i think it is not.Presently we have 2 Nigerian companies listed on the LSE they are Egland Oil and Gas (market cap £250m) and Seplat Petroleum (market cap £850m) Copl management wants it to be a mid tier oil and gas company ie £250m-£500m All to play for.Current market cap for Copl is just under £10m.I think its one of the best plays on the LSE Read Full Thread Follow Reply
10/7/2018 11:25	kcowe: That is why the share price will have no direction . not worth a punt till end of drill How to kill momentum on a share price lol Read Full Thread Follow Reply
22/6/2018 12:54	2solaris: dozzawba. I understand where you are coming from but his company needs to get on and drill a well - we don't even have a spud date yet a loose target, July! Let's not forget they said it would be in May not so long ago. Instead of drilling, we get a fund raise and a massive drop in share price. Read Full Thread Follow Reply
22/6/2018 12:42	lw425: if spud was delayed then share price would hit 4p. Enough is enough in that example. Read Full Thread Follow Reply
13/6/2018 18:13	spangle93: Souls - maybe in case for some reason this year's wells don't give clear or positive results and the share price is lower before next year's campaign. They could be in a position with no 2018 successes, a lower price, and facing a need to raise money for 2019, which no-one wants to see. So I guess it was ill-timed pragmatism. I'm just surprised that it needed to be a such a discount, and staggered that anyone could get away with charging $1.3MM to get a placing away at a buy 4 get 1 free price Read Full Thread Follow Reply
05/3/2018 12:21	lw425: So in an attempt to understand the power of the imminent spudding of Wildhorse on the share price I've looked at the daily historical prices in 2010. MATD drilled on the 31st August 2010. Share price 157p. Two months before end June 2010. 42p A three bagger - 300% on the run up to spud. At the time 170m shares in issue so 150p = market cap of around 250m Currently say 500m shares in issue So on spud 50p is possible. Slash a huge 40% off and the spud target remains 30p. Needs to be 50p to compare with 2010 and taking into account the recent share issue. Anyone selling now is insane. i.m.o Read Full Thread Follow Reply
05/3/2018 08:57	ssrover: Good post LW4253 Mar '18 - 11:47 - 4033 of 4044 0 3 0 So how high could the share price go? From the presentation: Blocks IV & V: High Impact Exploration 55 Prospects and Leads. Recoverable potential > 2Bbo * So 2billion barrels just on the first two blocks at $10 a barrel takeover price = twenty billion dollars Say 15 billion sterling. With around 500m shares in issue £30 a share potential from just two blocks That is a 300 bagger from the present share price. £10000 invested now could be worth £3m sterling. £50000 invested now could be worth £15m sterling This is in my view a once in a lifetime opportunity. Read Full Thread Follow Reply
03/3/2018 11:47	lw425: So how high could the share price go? From the presentation: Blocks IV & V: High Impact Exploration 55 Prospects and Leads. Recoverable potential > 2Bbo * So 2billion barrels just on the first two blocks at $10 a barrel takeover price = twenty billion dollars Say 15 billion sterling. With around 500m shares in issue £30 a share potential from just two blocks That is a 300 bagger from the present share price. £10000 invested now could be worth £3m sterling. £50000 invested now could be worth £15m sterling This is in my view a once in a lifetime opportunity. Read Full Thread Follow Reply
01/12/2017 14:36	s1zematters: So we have reached the stage on these BB where pointing out factual content about a outstanding 20 million share convertible instrument that can be excised at circa 20% off the share price at any time is a deramp?? Oh dear! Anyway, If i was looking at MATD i would be very interested in that fact. This has no effect in the long term share price with regards the drilling in the spring but would explain the large overhang right now. Only someone buying for a quick buck today who has now been trapped would find such factual information annoying! Read Full Thread Follow Reply
25/6/2017 12:27	smithless: prettybullish - back end of last year the mgt stated no reason for the share price going up! You could say forewarned. A lot of wild momentum trading took the share price from 3p to crazy heights earlier in the year -it was based on virtually nothing. It stated it had $6m of cash back in January, which would imply a cash burn of $0.6m per mth. Had a further $5m from Shell since (this has to be repaid if a farmin happens) and $1.2m from Bergen ($2m from the conv hasn't been announced so not included). I suspect it has used another $3m in cash since January, so... 6+5+1.2-3=$9.2m for a drilling campaign. This isn't anywhere near enough, that's why it did a deal with Bergen. Will Bergen be selling? yes. What's is acceptable level for the management to see its share price fall to? 1p IMHO. It has no choice. These are wildcat drilling's in a remote part of the country, with no infrastructure and no history of a discovery even being made in the two blocks or anywhere near them. Very high risk, with about a 3% chance success and that's before a viability study, if they are lucky. I can't see Bergen taking this sort of risk, therefore the likelihood is the share price will weaken or if any news flow Bergen will sell into it. As for a farmin, its not going to get better terms than BG and it would have to repay $5m to Shell. Could be lucky, but investors should be realistic Read Full Thread Follow Reply

Petro Matad share price data is direct from the London Stock Exchange

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