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    IOG   GB00BF49WF64

IOG PLC

(IOG)
  Report
Delayed Quote. Delayed London Stock Exchange - 09/24 06:00:24 am
27.8749 GBX   +1.36%
09/23IOG : To Raise $12.3 million Via Shares Issue, Subscription
MT
09/23FTSE 100 Seen Opening Higher, BOE Awaited
DJ
09/23IOG : Proposed Placing and Subscription
AQ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

IOG Signs Two-Year Gas Sales Deal With Gazprom

07/29/2021 | 04:43am EDT

By Jaime Llinares Taboada

IOG PLC said Thursday that it has signed an agreement with the trading arm of Gazprom PJSC to sell gas from its offshore U.K. fields.

The London-listed gas producer said the sales contract is for the first two years of production from the Elgood, Southwark, Nailsworth and Elland fields.

The deal followed a competitive offtake process involving more than 10 bidders over recent months, IOG said.

"We were pleased at the strong interest in offtake rights for our gas, which helped to secure attractive terms for IOG," Chief Executive Andrew Hockey said.

Shares at 0823 GMT were up 6.3% at 21.00 pence.

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

(END) Dow Jones Newswires

07-29-21 0442ET

Stocks mentioned in the article
ChangeLast1st jan.
IOG PLC -0.91% 27.8749 Delayed Quote.108.33%
PUBLIC JOINT STOCK COMPANY GAZPROM 1.33% 343.5 End-of-day quote.61.50%
All news about IOG PLC
09/23IOG : To Raise $12.3 million Via Shares Issue, Subscription
MT
09/23FTSE 100 Seen Opening Higher, BOE Awaited
DJ
09/23IOG : Proposed Placing and Subscription
AQ
08/26IOG : Interim Results
AQ
08/26IOG plc Reports Earnings Results for the Half Year Ended June 30, 2021
CI
08/17IOG : Issue of Equity
AQ
08/16IOG : Issues Common Shares as Former Directors Exercise Options
MT
08/04IOG : to Execute Net Zero Plan From 2021
MT
08/03IOG PLC ANNOUNCES PHASE 1 DRILLING C : Blythe Development Well Spud
CI
07/29IOG Signs Two-Year Gas Sales Deal With Gazprom
DJ
More news
Financials
Sales 2021 14,3 M 19,6 M 19,6 M
Net income 2021 -0,50 M -0,69 M -0,69 M
Net Debt 2021 64,4 M 88,2 M 88,2 M
P/E ratio 2021 -275x
Yield 2021 -
Capitalization 144 M 198 M 197 M
EV / Sales 2021 14,5x
EV / Sales 2022 2,04x
Nbr of Employees 52
Free-Float 55,0%
Chart IOG PLC
Duration : Period :
IOG plc Technical Analysis Chart | IOG | GB00BF49WF64 | MarketScreener
Technical analysis trends IOG PLC
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 3
Last Close Price 27,50 GBX
Average target price 40,25 GBX
Spread / Average Target 46,4%
EPS Revisions
Managers and Directors
Andrew Raymond Hockey Chief Executive Officer & Director
Rupert Julian Newall Chief Financial Officer & Executive Director
Fiona Margaret MacAulay Non-Executive Chairman
Doug Fenwick Technical Director
David Gibson Chief Operating Officer
Sector and Competitors
1st jan.Capi. (M$)
IOG PLC108.33%198
CONOCOPHILLIPS59.31%85 313
CNOOC LIMITED11.84%46 055
EOG RESOURCES, INC.54.14%44 881
CANADIAN NATURAL RESOURCES LIMITED44.95%41 509
PIONEER NATURAL RESOURCES COMPANY31.75%38 536