Maurel & Prom Shares Soar 6.6%, Hitting a 12-Year Record

Consistent Performance Across Timeframes

Throughout the day, week, and month, MAUREL ET PROM's performance consistently points upwards. The daily rise of 6.60% is part of a weekly gain of 13.03%, which itself is part of a monthly increase of 22.74%. Over three months, the stock has more than doubled, showing a performance of 111%. This movement is inseparable from the oil context: Brent crude surpassed the $100 per barrel mark on March 12, 2026, up more than 8% for the session amid armed conflict in the Middle East involving Iran and threats to close the Strait of Hormuz. For an independent producer whose revenues are directly indexed to crude prices, the correlation with this surge is mechanical. Added to this external catalyst was a company-specific event: the publication of the 2025 annual results. Although no detailed figures are available at this stage, the market's reaction—price gap at opening and close near the day's highs—indicates a favorable reception of these results by traders.

Historical Price Level Achieved

The price reached 10.72 euros during the session, revisiting a level last seen in 2014. This breakthrough alters the stock's chart configuration: it now moves in uncharted territory free of documented historical resistance at this level. The 50-day moving average stands at 7.31 euros and the 200-day average at 5.54 euros, both significantly surpassed, confirming the magnitude of the bullish trend initiated several weeks ago. The RSI at 78 indicates an overbought zone, the only indicator that slightly diverges from the overall momentum by suggesting a potential short-term overheating. The next scheduled financial event is the publication of the first quarter 2026 revenue on April 16, 2026, followed by the annual general meeting on May 19, 2026.