Parkmead shares fall on lower revenue, declining gas production
27th Mar 2026 12:54
(Sharecast News) - Shares in the Parkmead Group were in the red on Friday after the company reported lower first-half revenue and flagged declining gas production, despite highlighting progress across its renewable and gas portfolios and a stronger cash position.
Read moreParkmead extends loan and exclusivity deal with EMAL
1st Aug 2025 11:36
(Sharecast News) - Parkmead announced the extension of its loan and exclusivity agreement with Energy Management Associates (EMAL) on Friday, reinforcing its access to a growing pipeline of renewable energy opportunities while maintaining a zero net cash cost structure.
Read moreParkmead swings to first-half net loss
28th Mar 2025 14:06
(Sharecast News) - Parkmead reported a first-half net loss of £1.2m for the six months ended 31 December on Friday, compared with a £0.7m profit a year earlier, as lower production volumes and one-off restructuring costs weighed on performance.
Read moreParkmead awarded three new North Sea blocks
5th Feb 2024 13:17
(Sharecast News) - Independent energy group Parkmead has been provisionally awarded three new offshore blocks by the North Sea Transition Authority (NSTA) in tranche two of the UK's 33rd Licensing Round.
Read moreParkmead reports progress at LDS-01 well
2nd Feb 2024 16:30
(Sharecast News) - Independent energy firm Parkmead updated the market on its gas production following the successful start of production from the LDS-01 well in the fourth quarter of 2023.
Read moreParkmead reports strong uplift in full-year revenue
17th Nov 2023 13:10
(Sharecast News) - Parkmead reported a 22% improvement in revenue in its preliminary results on Friday, to £14.77m.
Read moreParkmead starts production from new Dutch gas discovery
6th Apr 2023 15:40
(Sharecast News) - Independent energy company Parkmead announced the start of gas production from its new LDS-01 discovery in the Netherlands on Thursday.
Read moreRig on the way to Parkmead's next Dutch wells
16th Nov 2022 13:45
(Sharecast News) - Independent energy company Parkmead announced on Wednesday that the Drilltec Synergy 2 rig had now started its mobilisation, ahead of its upcoming two-well 'LDS' drilling campaign in the Netherlands.
Read moreParkmead successfully integrates Kempstone Hill Wind Farm
6th Oct 2022 12:56
(Sharecast News) - Independent energy company Parkmead updated the market on its onshore UK projects on Thursday, confirming that the acquisition of the Kempstone Hill Wind Farm, completed in February, was now fully integrated.
Read moreParkmead launches farm-out process for Greater Perth Area
29th Jul 2022 11:52
(Sharecast News) - Parkmead has engaged corporate finance advisory firm Gneiss Energy to help find a suitable partner for its 100% interest in the Greater Perth Area development project, it announced on Friday.
Read moreParkmead swings to profit as revenues triple
25th Mar 2022 10:50
(Sharecast News) - Energy developer Parkmead reported a tripling in revenue in its first half on Friday, to £4.6m from £1.5m, as it benefited from continued increases in gas prices.
Read moreParkmead revenue falls despite 'strong momentum' towards year-end
26th Nov 2021 10:22
(Sharecast News) - UK and Netherlands-focussed energy company Parkmead reported strong momentum from increased gas prices in its preliminary results on Friday, with revenue for the year totalling £3.6m, down from £4.1m year-on-year.
Read moreParkmead agrees to buy historic royalties associated with existing interests
9th Jul 2021 09:45
(Sharecast News) - Independent energy group Parkmead has agreed to purchase a historic royalty associated with its existing interests in several licenses in the Netherlands from Vermilion Energy.
Read moreParkmead Group swings to a loss amid 'record low' gas prices
20th Nov 2020 08:15
(Sharecast News) - Energy outfit The Parkmead Group said on Friday that it had swung to a loss as a result of "record low" gas prices weighing on revenues.
Read moreParkmead offered three new licences in 32nd round
7th Sep 2020 11:02
(Sharecast News) - Oil, gas and renewable energy company Parkmead has been offered four offshore blocks and part-blocks spanning three new licences in the UK 32nd Licensing Round awards, it announced on Monday.
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