- Oil and Gas
Etablissements Maurel & Prom Reports Full Year 2022 Earnings
Etablissements Maurel & Prom (EPA:MAU) Full Year 2022 Results
Key Financial Results
- Revenue: US$689.4m (up 38% from FY 2021).
- Net income: US$204.8m (up 71% from FY 2021).
- Profit margin: 30% (up from 24% in FY 2021). The increase in margin was driven by higher revenue.
MAU ProductionOil Sales Price
- Average sales price/bbl: US$97.80.
- Average sales price/mcf: US$3.57.
- Oil equivalent production: 9.336 MMboe (9.304 MMboe in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Etablissements Maurel & Prom Earnings Insights
Looking ahead, revenue is expected to fall by 8.6% p.a. on average during the next 3 years compared to a 6.6% decline forecast for the Oil and Gas industry in France.
Performance of the French Oil and Gas industry.
The company's shares are down 7.9% from a week ago.
Be aware that Etablissements Maurel & Prom is showing 3 warning signs in our investment analysis and 1 of those doesn't sit too well with us...
Valuation is complex, but we're helping make it simple.
Find out whether Etablissements Maurel & Prom is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.View the Free Analysis
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Etablissements Maurel & Prom
Etablissements Maurel & Prom S.A., an oil and gas exploration company, engages in the exploration and production of hydrocarbons.
Undervalued with solid track record.