26 Nov 2021
Parkmead Group - FY 2021 results
European gas prices are never far away from the headlines at the moment, although Parkmead’s results to end-June did not capture this surge in prices – that is yet to come. Parkmead is well placed to benefit from the current strength in European gas prices, while the potential for another commodity super-cycle suggests there is further progress to come on its major GPA oil project. A strong net cash position also puts it in the driving seat for potential acquisitions.
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Parkmead Group - FY 2021 results
Parkmead Group PLC (PMG:LON) | 15.2 0 0.0% | Mkt Cap: 16.7m
- Published:
26 Nov 2021 -
Author:
Jonathan Wright -
Pages:
12
European gas prices are never far away from the headlines at the moment, although Parkmead’s results to end-June did not capture this surge in prices – that is yet to come. Parkmead is well placed to benefit from the current strength in European gas prices, while the potential for another commodity super-cycle suggests there is further progress to come on its major GPA oil project. A strong net cash position also puts it in the driving seat for potential acquisitions.