Etablissements Maurel et Prom S.A., a prominent player in the energy sector, has recently reported its full-year earnings for 2024, marking a significant milestone in its ongoing operations. As a company specializing in the exploration and production of hydrocarbons, Maurel et Prom operates primarily in Gabon, Tanzania, and Nigeria, with its headquarters situated in Paris, France. Founded in 1813, the company has a storied history and continues to be a key subsidiary of PT Pertamina Internasional Eksplorasi dan Produksi.
As of December 31, 2017, Maurel et Prom reported proven and probable gross oil reserves of 216 million barrels of oil equivalent, underscoring its substantial resource base. This reserve capacity positions the company strategically within the oil and gas industry, allowing it to maintain a competitive edge in its operational regions.
The company’s financial performance for the year 2024 was disclosed on March 7, 2025, with the earnings transcript made available in both English and French. This transparency reflects Maurel et Prom’s commitment to maintaining clear communication with its stakeholders. On February 12, 2026, the company’s share price closed at €7.745, slightly below its 52-week high of €7.75, achieved on February 11, 2026. This performance is notably robust, especially when compared to the 52-week low of €3.89 recorded on April 6, 2025.
Valuation metrics for Maurel et Prom indicate a price-to-earnings ratio of 7.622 and a price-to-book ratio of 1.504. These figures suggest that the company’s stock is trading at modest multiples relative to its earnings and book value, potentially offering an attractive proposition for investors seeking value in the energy sector.
With a market capitalization of €1,540,579,328, Maurel et Prom remains a significant entity within the oil, gas, and consumable fuels industry. Its listing on the NYSE Euronext Paris stock exchange further enhances its visibility and accessibility to a broad investor base.
As Maurel et Prom continues to navigate the dynamic landscape of the energy sector, its strategic focus on exploration and production in key regions, coupled with its robust financial metrics, positions it well for sustained growth and value creation. The company’s ongoing commitment to transparency and strategic resource management will likely continue to underpin its success in the years to come.
