ENXTPA:MAUOil and Gas
Will Rising Output But Lower 2025 Sales Recast Etablissements Maurel & Prom's (ENXTPA:MAU) Narrative
Etablissements Maurel & Prom S.A. recently reported that fourth-quarter 2025 sales were US$88 million and full-year 2025 sales were US$578 million, compared with US$808 million for the prior year.
The company also disclosed that annual production edged up to 37,096 boepd from 36,222 boepd, highlighting a disconnect between higher output and lower reported sales.
We will now examine how the contrast between rising production and weaker full-year sales shapes Etablissements Maurel & Prom's...