Maurel & Prom H1 sales rise 27% to $366 million

Reuters2026/07/21 05:27

By:Reuters

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Établissements Maurel & Prom reported H1 2026 working-interest production of 37,890 boepd, up 3% vs H2 2025; sales rose 27% to $366 million.
Average oil sale price climbed 53% to $103.8/bbl; valued production increased 37% to $334 million.
Net cash position improved to $255 million at June 30, from $179 million at Dec. 31; cash $368 million, debt $113 million.
Immediately available bank liquidity totaled $498 million; July agreement signed to refinance bank debt via a $465 million facility, completion expected Q4 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Établissements Maurel & Prom SA published the original content used to generate this news brief on July 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Maurel & Prom H1 sales rise 27% to $366 million

You may also like

Crypto prices