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French independent oil and gas explorer and producer with assets mainly in Gabon and other parts of Africa, majority-owned by Pertamina.
French independent oil and gas explorer and producer with assets mainly in Gabon and other parts of Africa, majority-owned by Pertamina.
Sells crude oil from Gabon, where the fields it operates make up most of its output, at international oil prices, and gas from Tanzania under a long-term contract with state-owned power and gas companies. Pertamina, Indonesia's state oil company, controls the group.
In one line: A small French independent E&P like a mini Vaalco.
Moat: narrow (installed base, regulatory licence). Established African production licences and operating know-how, but small scale versus majors.
Headquarters: Paris, France · Founded: 1921 · Employees: 810
Size Etablissements Maurel & Prom (MAU.PA) is a France Energy company (Oil & Gas Production) with a market value of $1.57B, the 115th largest of 206 France companies the cockpit tracks. Shares closed at €7.12 on 6 Nov 2026.
Performance Over six months the shares fell 29.0%, against -15.9% for the median peer and -0.4% for the France market (cap-weighted) — 4th lowest of 20 in its peer set.
Growth Revenue fell 10.9% over the last twelve months (peer median +13.5%); the operating margin is 31.0% (peer median 20.6%).
Valuation It trades at 5.4× forward earnings against a peer median of 9.9× (5th cheapest of 18).
Capital Return on invested capital runs 3.2 points above its cost of capital (6.5% WACC).
Next results Next results expected around 18 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | €562M | €512M | €747M | €631M | €644M |
| Revenue growth | — | -32% | +18% | -2% | — |
| Gross profit | €237M | €182M | €303M | €304M | €422M |
| EBITDA | €288M | €221M | €341M | €332M | €422M |
| Net income | €420M | €363M | €216M | €194M | €195M |
| Free cash flow | -€63.5M | €25.8M | €169M | €120M | €245M |
| Capital expenditure | €218M | €163M | €130M | €135M | €97.5M |
| Total debt | n/a | €241M | €160M | €202M | €321M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Etablissements Maurel & Prom MAU.PA | $1.57B | -29% | -11% | 31% | 5.4× | n/a |
| VAALCO Energy EGY | $566M | -4% | -25% | 9% | 18.9× | n/a |
| Panoro Energy PEN.OL | $441M | -16% | -23% | 16% | 11.1× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | MAU.PA | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -12.4% | -9.9% | 8th lowest of 21 |
| 6-month return | -29.0% | -15.9% | 4th lowest of 20 |
| Distance from 52-week high | -37.7% | -29.0% | 3rd lowest of 21 |
| Revenue growth (TTM) | -10.9% | +13.5% | 3rd lowest of 18 |
| Operating margin | 31.0% | 20.6% | 4th highest of 18 |
| Forward P/E | 5.4× | 9.9× | 5th cheapest of 18 |
| ROIC minus cost of capital | +3.2 pp | +1.4 pp | 7th highest of 21 |
| EV / EBITDA | 4.5× | 3.8× | 8th most expensive of 17 |
| Net debt / EBITDA | -0.6× | 1.0× | 2nd least indebted of 17 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Etablissements Maurel & Prom MAU.PA | France | $1.57B | -29% | -11% | 31% | 5.4× | n/a | n/a |
| NextDecade NEXT | United States | $1.56B | -23% | n/a | n/a | n/a | n/a | n/a |
| Vermilion Energy VET.TO | Canada | $1.61B | -9% | -2% | 14% | 4.3× | -0.8% | +9.1% |
| Spartan Delta SDE.TO | Canada | $1.63B | -11% | +93% | 32% | 7.6× | n/a | n/a |
| BlueNord BNOR.OL | Norway | $1.49B | -6% | +28% | 32% | 10.9× | -12.2% | +15.0% |
| Energean ENOG.L | United Kingdom | $1.72B | -19% | +9% | 27% | 4.2× | -2.4% | +126.8% |
| Beach Energy BPT.AX | Australia | $1.42B | -16% | -9% | 21% | 5.5× | -12.2% | +4.2% |
| Cardinal Energy CJ.TO | Canada | $1.40B | -8% | +18% | 31% | 11.8× | 5.3% | +17.9% |
| Parex Resources PXT.TO | Canada | $1.36B | -30% | +14% | 29% | 3.5× | -11.2% | +11.5% |
| Zhongman Petroleum and Natural Gas 603619.SS | China | $1.30B | -42% | -13% | 20% | 20.7× | n/a | n/a |
| Vedanta Oil and Gas VOGL.NS | India | $1.27B | n/a | n/a | n/a | n/a | n/a | n/a |
| Advantage Energy AAV.TO | Canada | $1.26B | +6% | +14% | 20% | 16.0× | n/a | n/a |
| Serica Energy SER.L | United Kingdom | $1.20B | -17% | +64% | 23% | 12.6× | -13.0% | +29.4% |
| Select Water Solutions WTTR | United States | $2.09B | -4% | -2% | 4% | 28.9× | n/a | n/a |
| Oriental Energy 002221.SZ | China | $1.17B | -36% | -22% | 3% | 15.2× | n/a | n/a |
| Tenaz Energy TNZ.TO | Canada | $1.13B | -21% | +381% | 16% | 11.9× | 17.7% | +103.4% |
| Valeura Energy VLE.TO | Canada | $1.07B | +11% | +6% | 17% | 9.9× | -17.3% | +141.2% |
| Northern Oil and Gas NOG | United States | $2.43B | -2% | -3% | 30% | 4.9× | n/a | n/a |
| Talos Energy TALO | United States | $2.48B | -1% | +13% | 14% | 7.9× | -5.0% | +25.3% |
| Rockhopper Exploration RKH.L | United Kingdom | $937M | -18% | n/a | n/a | n/a | n/a | n/a |
| Gulfport Energy GPOR | United States | $2.65B | -16% | +27% | 42% | 6.3× | -13.4% | +10.6% |