Parkmead Group (The) (PMG)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

11.88p
   
  • Change Today:
      0.13p
  • 52 Week High: 20.50
  • 52 Week Low: 7.75
  • Currency: UK Pounds
  • Shares Issued: 109.27m
  • Volume: 166,257
  • Market Cap: £12.98m
  • RiskGrade: 261
  • Beta: 0.08

Parkmead starts production from new Dutch gas discovery

By Josh White

Date: Thursday 06 Apr 2023

LONDON (ShareCast) - (Sharecast News) - Independent energy company Parkmead announced the start of gas production from its new LDS-01 discovery in the Netherlands on Thursday.
The AIM-traded firm successfully drilled the LDS-01 structure towards the end of 2022.

It had since been tied into the neighbouring commercial gas production infrastructure over the course of several weeks.

"This new discovery is in its initial clean up period, and early flow rates suggest that Parkmead will benefit from a material increase in daily net production," the board said in its statement.

"We look forward to updating shareholders with further information in due course."

At 1522 BST, shares in the Parkmead Group were up 0.99% at 25.5p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

PMG Market Data

Currency UK Pounds
Share Price 11.88p
Change Today 0.13p
% Change 1.06 %
52 Week High 20.50
52 Week Low 7.75
Volume 166,257
Shares Issued 109.27m
Market Cap £12.98m
Beta 0.08
RiskGrade 261

PMG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
23.82% above the market average23.82% above the market average23.82% above the market average23.82% above the market average23.82% above the market average
10.14% above the sector average10.14% above the sector average10.14% above the sector average10.14% above the sector average10.14% above the sector average
Price Trend
68.67% below the market average68.67% below the market average68.67% below the market average68.67% below the market average68.67% below the market average
17.33% below the sector average17.33% below the sector average17.33% below the sector average17.33% below the sector average17.33% below the sector average
Income Not Available
Growth
53.80% above the market average53.80% above the market average53.80% above the market average53.80% above the market average53.80% above the market average
60.87% above the sector average60.87% above the sector average60.87% above the sector average60.87% above the sector average60.87% above the sector average

PMG Dividends

No dividends found

Trades for 21-Nov-2024

Time Volume / Share Price
16:10 66,666 @ 12.00p
16:07 50,000 @ 11.63p
16:03 16,849 @ 11.87p
15:53 662 @ 11.50p
12:55 80 @ 11.50p

PMG Key Personnel

Finance Director Ryan Ashley Stroulger

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