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Pin to quick picksPetro Matad Share News (MATD)

Share Price Information for Petro Matad (MATD)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 3.10
Bid: 3.00
Ask: 3.20
Change: 0.05 (1.64%)
Spread: 0.20 (6.667%)
Open: 3.05
High: 3.10
Low: 3.05
Prev. Close: 3.05
MATD Live PriceLast checked at -

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UK WINNERS & LOSERS SUMMARY: Cineworld Falls On Warner Streaming Plans

Fri, 04th Dec 2020 10:33

(Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.

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FTSE 100 - WINNERS

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BP, up 3.3%. The oil major was the best performing FTSE 100 stock after members of the OPEC+ cartel struck a deal to increase production over the coming months, but by less than anticipated in their previous accord.

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SSE, up 3.0%. The Perth, Scotland-based utility is selling a 10% stake in the UK Dogger Bank A and B project to Italian oil major Eni for GBP202.5 million. Eni will buy another 10% stake from Norway's Equinor to have 20% alongside SSE's 40% and Equinor's 40%.

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FTSE 100 - LOSERS

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Rolls-Royce, down 3.5%. The jet engine maker was the worst-performing blue chip stock, giving back some of this week's bumper gains. It had risen 16% on Thursday as positive vaccine developments boosted the prospects of global travel. The aerospace stock remains up 54% in the past month, though down 46% in the past year.

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FTSE 250 - WINNERS

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Micro Focus International, up 10%. The software firm was on Thursday touted by Amazon Web Services as one of the businesses that can help companies migrate data to the cloud. AWS noted Micro's deployment environment software which it provided to Kmart Australia.

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Premier Oil, up 6.7%. Like BP, the mid-cap oil company's shares rose following Thursday's OPEC+ meeting.

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FTSE 250 - LOSERS

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Cineworld Group, down 11%. AT&T subsidiary Warner Bros will release its entire 2021 slate of movies on HBO Max streaming and in theatres simultaneously, including "The Matrix 4" and Denis Villeneuve's "Dune" remake, the studio announced in a landmark response to the pandemic Thursday. The "hybrid model" will see films available on HBO Max streaming in the US for one month from the date of their theatrical release.

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OTHER MAIN MARKET AND AIM - WINNERS

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N4 Pharma, up 52%. The Chellaston, England-based pharmaceutical company made further gains after it announced on Thursday that cancer drug Nuvec can be freeze dried and stored for 14 day without a significant drop in performance. N4 Pharma said Nuvec formulations which had been freeze dried and then stored for 14 days, either at room temperature or at four degrees celsius, showed no significant drop in in vitro transfection capability following its reconstitution.

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Hunters Property, up 44%. The Yorkshire-based estate agent confirmed it received a preliminary approach from Property Franchise Group over a potential takeover offer. Property Franchise shares were down 5.5%.

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OTHER MAIN MARKET AND AIM - LOSERS

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Petro Matad, down 8.7%. The oil firm said a meeting on the awarding of the Block XX exploitation licence in Mongolia has been postponed due to lockdown measures.

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By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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LONDON (Alliance News) - HSBC Holdings Wednesday reported a 20% drop in first-quarter pretax profit, driven by a weak performance Asia, Latin America and its investment bank, that was only partially offset by lower impairment charges and continued cost cutting.

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7 May 2014 12:07

UK WINNERS & LOSERS: Legal & General Leads On Confidence In Annuities

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.
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FTSE 100 - WINNERS
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Legal & General Group, up 3.2%. The group said it expects to write more

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7 May 2014 10:57

Petro Matad Confirms Oil Prospects But Farm-Out Talks Drag On

LONDON (Alliance News) - Petro Matad Ltd Wednesday said its 2D seismic studies in Mongolia have confirmed some oil prospects, but its shares fell 28% as it said it continues to search for development partners in the region, leading it to focus on cash preservation. The oil exploration compa

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21 Nov 2013 11:35

Petro Matad Say 2D Seismic Study Acquisition Completed In Mongolia

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21 Nov 2013 07:59

AIM IN BRIEF: M&C Saatchi Confirms Talks With Publicis On Walker Media

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6 Nov 2013 12:28

Petro Matad Says 2D Seismic Studies Have Started In Mongolia

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23 Sep 2013 08:28

Petro Matad Loss Narrows As Exploration Costs Fall

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16 Sep 2013 13:05

Petro Matad Awards Contract For Seismic Data to Khet Co. Limited

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20 Jun 2013 08:43

Thursday broker round-up UPDATE

Ashtead Group: Jefferies takes target price from 690p to 750p and leaves its buy recommendation unchanged. ASOS: Deutsche Bank increases target price from 3300p to 3800p and reiterates a hold recommendation. Atkins: Liberum Capital takes target price from 1020p to 1100p and maintains a buy recomme

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11 Mar 2013 07:23

Monday broker round-up UPDATE

Admiral Group: Berenberg ups target price from 1000p to 1060p, but still recommends selling. Amlin: Westhouse Securities raises target price from 440p to 455p, but downgrades from add to neutral. Anite Group: Invetsec downgrades from buy to hold with a target price of 157p. Aviva: Citigroup reduc

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25 Jan 2013 10:23

Petro Matad to issue half a million ordinary shares

Petro Matad has announced that it will issue 500,000 ordinary shares of 0.01 dollars each under the company's long-term equity incentive plan. The new shares are to be issued at a nominal value, the group stated adding that an application had been made for the new shares to be admitted to AIM with

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20 Dec 2012 10:37

Petro Matad publishes operational update for Mongolian mines

AIM-listed mining company Petro Matad has published an operational update on three PSC licenses that it holds in Mongolia. Hydrocarbon generating potential The company reported that nine major sub-basins had been identified in areas defined as "Blocks IV" and "Block V" and further high-graded for

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25 May 2012 15:54

Resources round-up: Petro Matad, Kryso, Lansdowne Oil and Gas

Petro Matad has revealed that a review of its site in Mongolia indicates that the company should refine the work completed to date to produce drill and seismic targets, prompting it to suspend drilling and testing for the rest of the calendar year to complete the suggested changes. Some of the seism

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9 Sep 2011 16:55

London close: Stocks dive on euro worries

The volatility continued heading into the weekend and stocks were nursing hefty losses at the close of play. The resignation of European Central Bank official Juergen Stark brought the Eurozone crisis into focus. Stark, a German, like many of his compatriots is unhappy about the Bank's policy of b

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9 Sep 2011 12:36

Petro Matad abandons well

Oil explorer Petrod Matad has terminated production at its Davsan Tolgoi-10 well after failing to encounter moveable hydocarbons. The project, situated between the group's Shoroo and Gal prospects, targeted two objectives, but no shows were observed in either, while analysis of the area indicates

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