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  2. Share Prices
  3. United Oil&gas Share Price
  4. United Oil&gas Share News
  5. IN BRIEF: United Oil & Gas revenue and profit rise in the first half

Pin to quick picksUnited Oil&gas Share News (UOG)

United Oil&gas Information

Share Price Information for United Oil&gas (UOG)

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Share Price: 0.21
Bid: 0.20
Ask: 0.22
Change: 0.0235 (12.60%)
Spread: 0.02 (10.00%)
Open: 0.19
High: 0.21
Low: 0.19
Prev. Close: 0.1865
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IN BRIEF: United Oil & Gas revenue and profit rise in the first half

Tue, 28th Sep 2021 11:42

United Oil & Gas PLC - producer and explorer in the Mediterranean, Caribbean and Latin America - Revenue in the first half of 2021 surges to USD10.2 million from USD2.4 million a year prior. Pretax profit increases 14% to USD2.0 million from USD1.8 million. Production increases 38% to 2,730 barrels of oil equivalent per day from 1,975 boepd. Plans to drill four wells in 2022. Full-year capital expenditure forecast raised to between USD7.5 million and USD8.0 million, from USD7.2 million. Capex will be fully funded from existing operations.

Current stock price: 2.60p per share

Year-to-date change: down 13%

By Ivan Edwards; ivanedwards@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
23 Nov 2023 12:25

United Oil hires interim CFO but loses Jamaica licence partner

(Alliance News) - United Oil & Gas PLC shares plummeted on Thursday after it said a potential partner pulled out of discussions regarding the Walton Morant licence in Jamaica.

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23 Nov 2023 11:49

LONDON MIDDAY: FTSE 100 edges lower despite boost from oil stocks

(Alliance News) - The FTSE 100 in London was down at midday on Thursday, despite getting a boost from oil stocks.

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23 Nov 2023 10:58

AIM WINNERS & LOSERS: Jersey Oil & Gas agrees farm-out at Buchan

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

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14 Nov 2023 13:55

IN BRIEF: United Oil says CFO Dunne to leave next year and join daa

United Oil & Gas PLC - oil and gas company focused on Egypt and Jamaica - Chief Financial Officer Peter Dunne announces intention to step down and leave company to become CFO at Dublin airport owner daa PLC. United expects Dunne to leave during the first quarter of 2024. Search process for new CFO commences with immediate effect; company will name an interim CFO "in due course". Dunne will remain available "over the coming months" to ensure a smooth transition. He was hired as CFO in early May 2022, moving from the same role at West Africa-focused Boru Energy Ltd. Previous roles include finance director at Origin Enterprises PLC. "I have thoroughly enjoyed my time at United working alongside such a strong team...I look forward to seeing continued progress being made in Jamaica and Egypt," Dunne comments.

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9 Nov 2023 13:47

EARNINGS AND TRADING: MetalNRG hails Gold Ridge findings

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

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1 Nov 2023 13:04

United Oil terminates asset purchase deal with Quattro Energy

(Sharecast News) - United Oil & Gas announced the termination of its asset purchase agreement with Quattro Energy on Wednesday.

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1 Nov 2023 11:12

United Oil & Gas terminates North Sea deal with Quattro Energy

(Alliance News) - United Oil & Gas PLC on Wednesday said it has terminated its asset purchase agreement with Quattro Energy Ltd.

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1 Nov 2023 10:39

AIM WINNERS & LOSERS: UOG falls as terminates Quattro North Sea deal

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

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4 Oct 2023 16:16

IN BRIEF: United Oil & Gas extends long stop date for UK licence sale

United Oil & Gas PLC - oil and gas company focused on Egypt, the UK and Jamaica - Extends the long stop date of the asset purchase agreement with Quattro Energy Ltd to October 27. Asset purchase relates to the conditional sale of the UK Central North Sea Licence P2519 which contains the Maria discovery in Block 15/18 to Quattro.

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28 Sep 2023 11:47

United Oil & Gas first half profit falls on declining revenue

(Alliance News) - United Oil & Gas PLC on Tuesday said profit fell in the first half of 2023 as revenue also fell, while it plans further exploration work in the future.

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22 Aug 2023 14:25

IN BRIEF: United Oil & Gas Chief Operating Officer Leather steps down

United Oil & Gas PLC - London-based oil and gas company with projects in Egypt, Italy and the UK - Says that Chief Operating Officer Jonathan Leather has notified the board of his intention to step down from his role, and as an executive director, as of August 31. Notes that while Leather will step back from day-to-day operational activity, given the status of the Jamaica farmout process, he will continue to provide support on a consultancy basis.

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8 Aug 2023 11:39

United Oil & Gas extends long stop date for sale of licence to Quattro

(Alliance News) - United Oil & Gas PLC on Tuesday said it extended the long stop date of a planned licence sale.

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1 Aug 2023 14:26

TRADING UPDATES: MaxCyte strikes deal; Barkby sells Workshop

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

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18 Jul 2023 11:03

AIM WINNERS & LOSERS: Pelatro reports customer payment delays

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

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18 Jul 2023 10:36

United Oil & Gas shares fall as half-year revenue falls on cheaper oil

(Alliance News) - United Oil & Gas PLC on Tuesday said revenue fell in the first half of the year due to a lower realised oil price per barrel and lower production in Egypt.

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