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Investing.com -- Maurel & Prom shares fell 2% on Thursday after the company released its third quarter 2025 trading update showing production below analyst expectations.
The oil and gas company reported working interest production of 37,973 barrels of oil equivalent per day (boepd) in Q3 2025, which was 4% lower than expected levels of 39,623 boepd.
Valued production came in at €132 million, falling 6% short of the €140 million forecast, with the company facing challenging price conditions in the oil market during the quarter.
Despite these results, Maurel & Prom maintains a strong financial position with low debt levels, which positions the company to continue its growth strategy through both organic development and potential external acquisitions.
The company’s solid balance sheet also supports its ability to maintain dividend payments to shareholders.
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