UK 18:14 Monday, 26 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Petro Matad (MATD) was well known for issuing some of the most complicated news releases of any oil share that I’ve seen. After a 97% drop in its share price over the last 3 years, perhaps the company has learned its lesson. What we do know about this stock though is that it can move sharply and suddenly.
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Comments
wildrides
Heard it all before “ oil shows, traps etc” mainly from Bill “Wallmart” Keller at New . Then comes “the oil must have migrated , theres no seal , active hydrocarbon system in the area , its got too much water to be commercial “ blah blah .
Go for a producer thats drilling in new areas . ………..LGO in Trini fits the bill ……even tho its Dell boys company.