France's Maurel et Prom 2025 revenue hits $578 mln

Etablissements Maurel et Prom SA

29/01/2026 06:38

Overview

French oil producer's 2025 production rose 2% yr/yr

Company reported 2025 revenue of $578 mln

Company sold 20.07% stake in Seplat Energy for $496 mln

Outlook

Maurel et Prom plans to increase Tanzania gas production capacity to 130 mmcfd by Q2 2026

Company expects Sinu-9 gas production to reach 40 mmcfd by Q2 2026

Maurel et Prom aims to accelerate growth through asset acquisitions

Result Drivers

VENEZUELA PRODUCTION - Oil production in Venezuela increased by 34% after adjustments following the expiration of a U.S. Treasury license

GABON PRODUCTION DECLINE - Production in Gabon fell 6% due to pressure issues on the export pipeline in Q4 2025

SEPLAT STAKE SALE - Sale of 20.07% stake in Seplat Energy for $496 mln provided financial flexibility for asset development

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
$578 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the oil & gas exploration and production peer group is "buy"

Wall Street's median 12-month price target for Etablissements Maurel et Prom SA is €6.40, about 2.7% below its January 28 closing price of €6.58

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 6 three months ago

Press Release: ID:nBw9kywsWa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)