Maurel & Prom posts H1 revenue of USD 366 million, up 27% vs H2 2025

Reuters2026/07/21 07:12

By:Reuters

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Maurel Prom reported H1 2026 group production of 37,890 boepd, up 3% versus H2 2025.
H1 revenue reached USD 366 million, up 27% versus H2 2025; average oil sales price rose to USD 103.8/bbl.
Net cash was USD 255 million at June 30; cash USD 368 million, gross debt USD 113 million.
Signed a USD 465 million bank debt refinancing in July; completion targeted for Q4 2026.
Venezuela crude sales resumed under OFAC General License 50A; first 0.5 million-barrel lifting in June, next about 1 million barrels due late July.

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.

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Maurel & Prom posts H1 revenue of USD 366 million, up 27% vs H2 2025

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