26 Jun 2025

Petro Matad (MATD LN) - Full year 2024 results - Corporate

Petro Matad Limited (MATD:LON) | 1.4 0 5.9% | Mkt Cap: 20.0m

- Daniel Slater, CFA
- 7 pages

Petro Matad has released its 2024 results to the end of December 2024, showing initial booking of revenues from its Heron-1 well, alongside confirming the end 2024 cash position. Going forward we expect more detail on the 2025 work programme across oil and gas and renewables, alongside ongoing cash revenues from Heron-1 production.

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Petro Matad (MATD LN) - Full year 2024 results - Corporate

Petro Matad Limited (MATD:LON) | 1.4 0 5.9% | Mkt Cap: 20.0m

Published: 26 Jun 2025
Author: Daniel Slater, CFA
Pages: 7

Petro Matad has released its 2024 results to the end of December 2024, showing initial booking of revenues from its Heron-1 well, alongside confirming the end 2024 cash position. Going forward we expect more detail on the 2025 work programme across oil and gas and renewables, alongside ongoing cash revenues from Heron-1 production.