George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksNostrum Oil&gas Share News (NOG)

Share Price Information for Nostrum Oil&gas (NOG)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 5.73
Bid: 5.00
Ask: 6.28
Change: 0.00 (0.00%)
Spread: 1.28 (25.60%)
Open: 5.73
High: 0.00
Low: 0.00
Prev. Close: 5.73
NOG Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

SMALL-CAP WINNERS & LOSERS: Dukemount rises on joint venture agreement

Mon, 22nd Mar 2021 10:51

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.

----------

SMALL-CAP - WINNERS

----------

Dukemount Capital, up 40% at 0.32p-1.35p. The property developer says it agreed outline terms for a joint venture in the flexibility power sector. Dukemount will own 50% of the joint venture vehicle, HSKB. The joint venture will develop two 11 kilovolt gas peaking facilities which together will produce around 10 megawatt of power for a total cost of GBP6.25 million. Dukemount believes that this joint venture represents the next steps to meeting its target of growing to a GBP100 million plus business.

----------

Quarto Group, up 15% at 77.93 pence, 12-month range 40p-77.93p. Book publisher posts higher profit for 2020. Annual revenue falls to USD126.9 million from USD135.8 million in 2019, but pretax profit grows to USD6.6 million from USD3.8 million. "The effects of Covid-19 on the book industry have been significant. As expected, we saw a move to online book sales, and the Company's sales and marketing teams adapted well to this move," the company says. Looking ahead, Quarto says it is in a good position to grow in 2021 and is continuing shift towards profitable trade publishing.

----------

KKV Secured Loan Fund, up 5.4% at 20.24p, 12-month range 0.00p-41.87p. The equipment leasing and asset finance investment firm says it has netted GBP16.0 million from the sale of two loans. KK says the loans were made to Glasshouse Generation and Harvest Generation Services. The Glasshouse loan had a carrying value of GBP8.1 million and the HGS loan GBP7.6 million. Per share, the net proceeds from the sales are 4.5 pence.

----------

Nostrum Oil & Gas, up 3.7% at 9.69p, 12-month range 3p-16p. The oil and gas company says it it received approval to extend the expiry date of its forbearance agreement with informal ad hoc noteholder group AHG to April 20 from March 20.

----------

SMALL-CAP - LOSERS

----------

Hostelworld Group, down 3.0% at 77.60p, 12-month range 38.69p-98p. Shares in the hostel booking platform were lower as part of a broader fall in travel-related stocks on the prospect of extended lockdowns across Europe.

----------

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
1 Aug 2023 16:25

TRADING UPDATES: Chariot oversubscribed from GBP2.3 million fundraise

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

Read more
28 Jul 2023 11:55

IN BRIEF: Nostrum expects lower half year revenue amid production drop

Nostrum Oil & Gas PLC - London-based, Caspian Basin-focused independent oil and gas company - Says revenue in the six months to June 30 is expected to exceed USD52 million, but will drop from USD107 million a year prior. Says this is due to lower production and average product prices. Says average post-treatment production in the first half of the year was 10,048 barrels of oil per day, down 29% from 14,167 the year before. Average daily sales volume was 9,020 boepd, down 31% from 13,102.

Read more
24 Jul 2023 10:27

IN BRIEF: Nostrum launches new compressor despite Russia sanctions

Nostrum Oil & Gas PLC - London-based, Caspian Basin-focused independent oil and gas company - Celebrates "successful" launch of new compressor which is "doubling" its gas lift capacity at maturing Chinarevkoye field and reducing production decline there. Says start-up was completed in line with budget despite "significant delays" to delivery due to sanctions on Russia. Nostrum adds that "initial production gains exceed management's expectations".

Read more
17 Jul 2023 14:12

Nostrum shares jump upon completion of Positive Invest acquisition

(Alliance News) - Nostrum Oil & Gas PLC on Monday said it completed its acquisition of 80% of Positive Invest LLP for USD20 million.

Read more
30 Jun 2023 14:07

TRADING UPDATES: Aquila European says no hit from Siemens Energy woe

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

Read more
23 Jun 2023 11:15

IN BRIEF: Nostrum appoints accountant Petro Mychalkiw as new CFO

Nostrum Oil & Gas PLC - Independent oil and gas company focused on the Caspian Basin - Appoints Petro Mychalkiw as its new chief financial officer, effective August 21.

Read more
6 Jun 2023 14:53

IN BRIEF: Nostrum Oil & Gas shares fall after restoration in trading

Nostrum Oil & Gas PLC - independent oil and gas company focused on the Caspian Basin - Shares were restored at 1400 BST on Tuesday. The shares were suspended at the start of May due to a delay in posting results.

Read more
2 Jun 2023 10:19

IN BRIEF: Nostrum Oil & Gas annual revenue up as oil prices rise

Nostrum Oil & Gas PLC - independent oil and gas company focused on the Caspian Basin - Posts revenue of USD199.7 million for 2022 against an average Brent price of USD99 per barrel of crude oil, compared to revenue of USD195.3 million in 2021, against a Brent price of USD71 per barrel of crude oil. Earnings before interest, tax, depreciation and amortisation amounts to USD115.7 million, up from GBP112.5 million a year earlier. However, daily sales volumes averages 12,524 barrels of oil equivalent per day, down from 15,330 a year earlier. Looking ahead, says it continues to prioritise the safety of all staff and contractors as well as focussing on running sustainable operations.

Read more
5 May 2023 15:18

IN BRIEF: Nostrum Oil & Gas shares suspended on AIX, LSE

Nostrum Oil & Gas PLC - independent oil and gas company focused on the Caspian Basin - Trading in its shares on the Astana International Exchange Ltd have been temporarily suspended since Wednesday. This follows the suspension of Nostrum's shares on the London Stock Exchange on Tuesday, pending the publication of its 2022 results.

Read more
28 Apr 2023 20:26

TRADING UPDATES: Nostrum Oil & Gas predicts drop in revenue

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

Read more
28 Apr 2023 10:41

SMALL-CAP WINNERS & LOSERS: Mears announces GBP20 million buyback

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.

Read more
20 Mar 2023 10:47

IN BRIEF: Nostrum Oil & Gas expects drop in production in 2023

Nostrum Oil & Gas PLC - Independent oil and gas company engaging in the production, development and exploration of oil and gas in the pre-Caspian Basin - Announces that the average daily production forecast for 2023 is in the range of 9,000 to 10,000 barrels of oil equivalent per day. In 2022, production after treatment averaged 13,200 boepd, down 22% from 17,032 boepd in 2021.

Read more
10 Mar 2023 12:13

Nostrum acquires 80% interest in Positive Invest in West Kazakhstan

(Alliance News) - Nostrum Oil & Gas PLC said on Friday it had agreed to acquire 80% of Positive Invest LLC for USD20 million.

Read more
16 Feb 2023 10:26

IN BRIEF: ICU Holdings stake in Nostrum Oil falls to 2.7% from 24%

Nostrum Oil & Gas PLC - exploration and production in pre-Caspian Basin - The stake held by ICU Holdings Ltd falls to 2.7% from 23.8%, due to dilution from a share issue. ICU holds 4.4 million voting rights. Previously, Nostrum said the stake held by Tengri Partners (Kazakhstan) LLP had fallen to 2.0% from 20.3%, for the same reason. Tengri holds 3.8 million voting rights. Also said the stake held by Dehus Dolmen Nominees fell to 1.8% from 16.2%. Tengri holds 3.8 million voting rights.

Read more
15 Feb 2023 12:25

IN BRIEF: Dehus Dolmen stake in Nostrum Oil falls to 1.8% from 16%

Nostrum Oil & Gas PLC - exploration and production in pre-Caspian Basin - The stake held by Dehus Dolmen Nominees Ltd falls to 1.8% from 16.2%, due to dilution from a share issue. Dehus holds 3.0 million voting rights. Previously, Nostrum said the stake held by Tengri Partners (Kazakhstan) LLP had fallen to 2.0% from 20.3%, for the same reason. Tengri holds 3.8 million voting rights.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.