Nostrum Oil & Gas (CHIX:NOGL) Interest Received

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Nostrum Oil & Gas Interest Received?

Interest Received only applicable to companies reporting Cash Flow from Operations in direct method.

Nostrum Oil & Gas Business Description

Industry EnergyOil & Gas
Other Exchanges NOG:UK3NO0:Germany
Address 20 Eastbourne Terrace, London, GBR, W2 6LG
Nostrum Oil & Gas PLC is an independent oil and gas company focused on the pre-Caspian Basin in northwestern Kazakhstan. Its operations are concentrated around the Chinarevskoye field, which produces crude oil, stabilised liquid condensate, liquefied petroleum gas and dry gas. The company owns and operates the associated processing and export infrastructure, including the Chinarevskoye gas treatment facility and a pipeline connection to the Caspian Pipeline Consortium system, which allows it to transport and market its hydrocarbons to international buyers. Revenue is generated primarily through the sale of crude oil, condensate and gas to customers in domestic and export markets. Nostrum has also pursued gas processing arrangements with third parties to monetise additional volumes through its facilities. The company is listed in London and has undergone significant financial restructuring in recent years.