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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Petro Matad Limited | LSE:MATD | London | Ordinary Share | IM00B292WR19 | ORD USD0.01 |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| -0.075 | -4.84% | 1.475 | 5,847,018 | 16:26:41 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 1.45 | 1.50 | 1.55 | 1.475 | 1.55 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Oil And Gas Field Expl Svcs | USD 351k | USD -5.93M | USD -0.0042 | -3.50 | 22.02M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 16:27:03 | O | 134,318 | 1.489 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 14/11/2024 | 14:08 | ALNC |  Petro Matad limits Heron-1 production and suspends Heron-2 well |
| 14/11/2024 | 07:00 | UK RNS | Petro Matad Limited Operational Update |
| 25/10/2024 | 06:00 | UK RNS | Petro Matad Limited Production startup at Heron-1 |
| 22/10/2024 | 06:00 | UK RNS | Petro Matad Limited Planned production startup at Heron-1 |
| 07/10/2024 | 06:00 | UK RNS | Petro Matad Limited Operational Update |
| 01/10/2024 | 16:30 | ALNC | TRADING UPDATES: Character profit in-line; Iomart buys Atech |
| 01/10/2024 | 06:07 | UK RNS | Petro Matad Limited Heron-2 drilling results |
| 23/9/2024 | 13:00 | ALNC | Petro Matad hails spudding of Gobi Bear-1 well in Mongolia |
| 23/9/2024 | 06:00 | UK RNS | Petro Matad Limited Spud of Gobi Bear-1 exploration well |
| 19/9/2024 | 06:02 | UK RNS | Petro Matad Limited Interim results for six months ended 30 June 2024 |
Petro Matad (MATD) Share Charts1 Year Petro Matad Chart |
|
1 Month Petro Matad Chart |
Intraday Petro Matad Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 11/12/2024 | 19:14 | Petro Matad - Oil Production and Exploration | 1,894 |
| 02/7/2024 | 08:23 | MATD TO 01P BEWARE OF THE CON | 1,650 |
| 31/1/2022 | 22:39 | MATD - Oil Heading for $9 - $10 per Barrel According to BNP Paribas | 83 |
| 12/4/2021 | 18:50 | MATD RISE OF THE PHOENIX | 5,012 |
| 21/2/2020 | 10:24 | Petro Matad - Fully funded 6 well campaign for H2 2018/H1 2019 | 4,208 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 2024-12-11 16:27:04 | 1.49 | 134,318 | 2,000.00 | O |
| 2024-12-11 16:25:49 | 1.47 | 500,000 | 7,330.00 | O |
| 2024-12-11 16:20:16 | 1.49 | 100,000 | 1,485.00 | O |
| 2024-12-11 16:13:03 | 1.50 | 73,920 | 1,108.80 | O |
| 2024-12-11 16:13:00 | 1.50 | 201,955 | 3,029.33 | O |
| Top Posts |
|---|
Posted at 11/12/2024 08:20 by Petro Matad Daily Update Petro Matad Limited is listed in the Oil And Gas Field Expl Svcs sector of the London Stock Exchange with ticker MATD. The last closing price for Petro Matad was 1.55p.Petro Matad currently has 1,420,576,517 shares in issue. The market capitalisation of Petro Matad is £20,882,475. Petro Matad has a price to earnings ratio (PE ratio) of -3.50. This morning MATD shares opened at 1.55p |
Posted at 30/11/2024 07:29 by stockmaiden Hex’s most recent RNS states a prospective helium sale price of $500/Mcf.Regarding the share price and keeping in mind that HEX's portfolio comprises two assets, one much smaller in scale than the other, Hannam&Partners released a research note earlier this month which suggested an unrisked valuation for the company of 183p (versus a risked valuation of 34p). This estimate took no account however of the potential for hydrogen in Flathead which IF commercial could quite realistically add another 100-300p given that it would be the first commercial deposit of its kind in North America. |
Posted at 18/11/2024 19:10 by batiatus thebradski007, you're probably the only poster on this bulletin board that I have to agree with.I like your honesty about it's nothing to do with fundamentals. You must have really been here for a long time to know historically, the share price movement ought to do well from November to January time. Though nothing is really guaranteed, but you're right about the winter period where share price drops with the expectations of inactivity. Note I am not suggesting anyone should buy or not buy. I'm just stating something purely based on past performances. |
Posted at 18/11/2024 09:40 by stockmaiden Matad are open to a few options here.PetroChina could go into a JV and fund the rest of the Heron campaign for a share of the field. Petrovis could and would chip in to support MATD when necessary. I can't see Petrovis letting MATD go under. Matad is/will be producing oil. They are debt free and can take out a loan if need be. Nothing is without risk, but it's looking favourable for MATD. |
Posted at 14/11/2024 08:20 by m_night10 #POLX Polarean Imaging 1.6p about to break out above 2p soon. Mcap only $20mil. I see it as a steal for the FDA approved Xenon MRI. No company debt, masssive growth potential in the worlds biggest health market the United States where it's already in 21 clinical settings, best in class next generation MRI. Revenues rising up 3000% to $3mil for 2024 and doubling again next to $6mil in 2025. 1.6p and gap to fill to 3.2p, so 100% rise just to fill the technical gap. ATH 100p. My target is recovery to 25p.Cash runway to minimum of Q2 2026, looks set to be extended given revenues ahead of expectations. Putting this UK recovery play potential on radars. 1. September 18th 2024: Interventional radiology vendor Merit Medical to acquire device portfolio for $210M. APPROX 13P SHARE PRICE EQUIVALENT FOR POLX 2. September 25th 2024: Private equity firm acquiring diagnostic imaging provider for $658M APPROX 48P SHARE PRICE EQUIVALENT FOR POLX 3. October 14th 2024: Hologic to Acquire Gynesonics The women’s health company will be purchased for approximately $350 million. APPROX 22P SHARE PRICE EQUIVALENT FOR POLX 4. Bracco current major TR1 Holder of Polarean splashed out $450MILLION for a diagnostic buyout POLX easy buyout target imv and big riser. DYOR, not advice. |
Posted at 30/10/2024 20:48 by batiatus "Let’s wait for facts rather than posting completely baseless conjecture here."But there are facts which you choose to ignore. - millions spent on wild cat dusters. Wild horse, Snow leopard, Gazelle, Antelope, and now Gobi etc. Shares in issue diluted to oblivion (fact) - share price went on a decline from 40p high to 2p over a span of the past decade. So much for shareholder value. (fact) - 10 years of engagement with Petro China for JV deal. To this date there is no deal (fact) - 5 years to get a land permit for Heron. If this isn't incompetent then what is (fact) - Wasted few more millions on Gobi which looks highly likely non-commercial based on last RNS. The funds could have been used much wiser (fact) - A few years ago, Matad was on the verge of collapse. It was the shareholders funds that helped them keep the lights on. This also aligns with the point above that the board are not using funds appropriately. They blow cash taken as granted when they have some in the Matad bank (fact) - MATD remains a no profit company (fact) - Past careless mistakes includes crew missing visa paperwork which had caused operations delays. This has resulted a rig on loan to idle on site, charged daily. Another example of wasting funds (fact) Based on Matad's history, what sort of future are you expecting? That they will strike billions of barrels of oil and then you will become super-dooper rich overnight? |
Posted at 29/10/2024 11:02 by batiatus Well, for the traders, they would act accordingly and their actions would result in either a profit or a loss.Some trade up until the result, others hold for the result. Too bad for the traders however, in MATD, the share price is muted leading up to news |
Posted at 27/10/2024 21:38 by batiatus "is this a good share"Simple answer is nope. The share price has declined in the past 10 years. Many long-term holders have funds locked in. All eyes are on the upcoming flow rates expected from Heron1, but be cautious, I reckon anything under 800bopd and the share price will pull back under 2p and closer to 1.5p. |
Posted at 25/10/2024 14:33 by batiatus I will say again.Buck have shafted loyal shareholders in his years of Matad reign. Countless placings and the shares in issue are at 1.48 billion. If Buck have gotten Heron into the production phrase 5 years ago, the share price would do 100% plus on today's news. But his incompetence had led to massive share dilution and shareholders lost in trust. -PC deal still not signed -Flow rates in doubt -Future operations + funding is unclear Unless there is an RNS stating x number of oil sold, and x amount of cash received in the Matad bank, then I would trust this old geezer. Additionally, and genuine shareholders would not have forgiven Buck for his last raise, it was unethical, and he already blew part of it on Gobi which is likely a duster. He should be ashamed to have burned shareholders cash time and time again. |
Posted at 13/10/2024 21:51 by batiatus I do feel sorry for the gullible punters here.What MATAD and the rampers haven't mentioned, is that for any major re-rate the company needs to produce an adequate amount of oil to see an uplift on the balance sheet as well as the share price To do that, MATAD needs to drill 10-20 wells. It took them 5 years and they haven't achieved 1 producing well. Heron 1 success or not, it won't be enough to maintain the company expenses + future operations. Buck will continue to raise funds to chase Heron 2, Heron 3, Heron 4 etc... It will be a never ending case of share dilution. I won't be surprised to see the share price finishing in the red on next RNS. |
Posted at 24/9/2024 10:51 by 2 solaris And for those who have forgotten, we are currently drilling Heron 2.From RNS: 'This is the first development well to be drilled on the Petro Matad operated Heron Field, which has total oil in place potential of c. 190 million barrels and which was discovered when the Heron-1 well was drilled and tested in 2019.' 'Drilling to TD is expected to take about 30 days following which wireline logging will be conducted to evaluate the productive potential of the reservoir. A well test and stimulation programme are planned to be executed during the 2024 operational season. If successful, Heron-2 will be put on stream in either late 2024, if time permits, or in Q2 2025 after the winter operational shut down.' Two wells coming in around the same time, we could see an explosive time for MATD share price |
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