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Pin to quick picksPetro Matad Share News (MATD)

Share Price Information for Petro Matad (MATD)

London Stock Exchange
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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.

More News
19 Jul 2019 12:09

Petro Matad Spuds Heron-1 Oil Exploration Well In Tamsag Basin

(Alliance News) - Mongolian oil explorer Petro Matad Ltd said Friday its has spud the Heron-1 exploration well in the Tamsag basin of block XX.The well is an appraisal of the T19-46 oil to

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26 Jun 2019 15:00

Petro Matad makes solid progress with planned drilling programme

(Sharecast News) - Mongolia-focussed oil explorer Petro Matad updated the market on its progress towards its planned drilling programme in 2019, and its application for PSC extensions for Blocks IV and V on Wednesday.

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26 Jun 2019 14:33

Petro Matad On Course To Spud Heron 1 Well At Block XX In July

(Alliance News) - Petro Matad Ltd on Wednesday said the drill sites for its three block XX wells in Mongolia are complete and the company is set to spud Heron 1 in July.The sites for the -

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17 Jun 2019 10:50

Petro Matad Annual Loss Widens On Block IV And V Evaluation Expense

(Alliance News) - Petro Matad Ltd on Monday said its loss widened significantly in 2018 largely due to more than doubling of exploration and evaluation expenditure on blocks IV and V in in the oil

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17 Jun 2019 08:05

Petro Matad's loss almost doubles on higher exploration costs

(Sharecast News) - Mongolia-focused oil explorer Petro Matad on Monday reported that its annual loss almost doubled, though the drilling of two exploration wells was completed on schedule and within budget.

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28 May 2019 12:16

Petro Matad Close To Beginning Drilling Work In Mongolia

LONDON (Alliance News) - Mongolian oil firm Petro Matad Ltd on Tuesday said work on Block XX in the country is progressing well.Petro Matad has started well site construction at Heron 1, to

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16 Apr 2019 15:41

Petro Matad signs contracts for two rigs ahead of drilling programme

(Sharecast News) - Mongolia-focussed oil explorer Petro Matad has signed contracts for two rigs for its upcoming 2019 four-well drilling programme, it announced on Tuesday.

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16 Apr 2019 12:28

Petro Matad Delays Start Of Drilling At Eastern Mongolian Prospects

LONDON (Alliance News) - Mongolian oil firm Petro Matad Ltd on Tuesday said it has postponed the spud date for the first well of its upcoming drilling programme.Petro Matad will spud Heron

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7 Mar 2019 15:00

Petro Matad plans four-well drilling campaign for 2019

(Sharecast News) - Mongolia-focussed oil explorer Petro Matad updated the market on its operations on Thursday, reporting that it was pursuing a four-well drilling campaign in 2019 at Heron, Gazelle and Red Deer on block XX, and either a further exploration well at block V or an appraisal of a block XX discovery.

Read more
7 Mar 2019 12:52

Seismic Reprocessing Boosts Petro Matad's Heron Prospect Resource

LONDON (Alliance News) - Petro Matad Ltd on Thursday said seismic reprocessing at Block XX has raised its Heron prospect resource by more than 50% and indicates that Heron is the extension of a in

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10 Jan 2019 14:12

Petro Matad Keen To Start Block XX Operations, Block V Tests Promising

LONDON (Alliance News) - Petro Matad Ltd on Thursday said it is continuing preparations for a four-well drill programme at Block XX in Mongolia and noted that findings from its Block V drilling in

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26 Nov 2018 10:36

Petro Matad Shares Drop On Disappointing Baatsagaan Drilling Results

LONDON (Alliance News) - Petro Matad Ltd on Monday said no oil shows were observed in the Wild Horse 1 well, located in block IV of the Baatsagaan basin, southern Mongolia.Petro Matad were

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26 Nov 2018 09:49

Petro Matad tumbles after Wild Horse proves dry

(Sharecast News) - Mongolia-focussed oil and gas outfit Petro Matad plummeted on Monday after its Wild Horse well failed to find hydrocarbons.

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23 Oct 2018 10:29

Petro Matad Spuds Wild Horse-1 Well, Targets Mongolian Oil Resource

LONDON (Alliance News) - Mongolian oil explorer Petro Matad Ltd said on Tuesday it has spud the Wild Horse-1 exploration well in the Baatsagaan Basin in Block IV, western Mongolia.The total

Read more
1 Oct 2018 12:32

Petro Matad Says Operations At Wild Horse Remain On Track

LONDON (Alliance News) - Mongolia focused Petro Matad Ltd said Monday its operations at its "very exciting" prospect Wild Horse-1 continue to progress on track.Shares in Petro up

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