Nostrum Oil & Gas PLC (LSE:NOG) reported solid operational performance for the first nine months of 2025, overcoming challenges from lower oil prices and natural production declines at its mature Chinarevskoye field. The company recorded a 33% increase in processed volumes, supported by higher third-party feedstock, and a 19.9% rise in average daily sales volumes. However, total revenue declined due to a less favorable product mix and weaker oil prices. Nostrum continues to advance development of its Stepnoy Leopard asset and maintain drilling and workover programs at Chinarevskoye to support sustainable long-term growth. The company also extended its hydrocarbon processing agreement with Ural Oil & Gas until 2031, a move expected to strengthen operational efficiency and cash flow stability.
Nostrum Oil & Gas’s outlook remains constrained by profitability and cash flow pressures. Technical indicators present a mixed picture, showing limited directional momentum, while the company’s valuation remains under strain due to a negative P/E ratio and the absence of a dividend. The lack of recent corporate event data or earnings disclosures limits further assessment of near-term prospects.
More about Nostrum Oil & Gas PLC
Nostrum Oil & Gas PLC is an independent energy company operating world-class gas processing and export facilities in north-west Kazakhstan. Its main producing asset is the Chinarevskoye field, managed by subsidiary Zhaikmunai LLP, which holds the subsoil use rights for the project. The company also owns an 80% interest in Positiv Invest LLP, the license holder for the Stepnoy Leopard fields in the West Kazakhstan region.
Leave a Reply