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Maurel & Prom H1 FY26 net income climbs 78% to $191 million; revenue rises 27% to $366 million

PUBT·08/06/2026 05:30:52
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Maurel & Prom H1 FY26 net income climbs 78% to $191 million; revenue rises 27% to $366 million
  • Maurel & Prom posted H1 2026 consolidated net income of USD 191 million, up 78%, with revenue rising 27% to USD 366 million.
  • EBITDA climbed 63% to USD 227 million, while operating income increased 64% to USD 161 million.
  • Free cash flow rose 21% to USD 77 million, with net cash improving to USD 257 million as of June 30, 2026.
  • Working interest production averaged 37,890 boepd; crude sales from Venezuela resumed following the issuance of OFAC General License 50A.
  • Signed an SPA on Aug. 4 to buy Gran Tierra’s Colombia and Ecuador assets for USD 1.33 billion, with closing expected around Dec. 31, 2026.


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 via Business Wire (Ref. ID: 202608060130BIZWIRE_USPR_____20260805_BW756296) on August 06, 2026, and is solely responsible for the information contained therein.