Maurel et Prom stock among the steepest declines of the SBF 120, support level at €7.71 in view
The hydrocarbon producer active in Gabon, Angola, Tanzania and Latin America is posting a second marked decline in two days, in a Paris market itself oriented downward. The valuation of the security remains modest relative to expected earnings, which contrasts with the selling pressure exerted on the price over recent weeks.
The price slides below its three moving averages and approaches the €7.71 support level
Maurel et Prom is down 1.95% in the session, at €7.80, and ranks among the steepest declines of the SBF 120, with the index itself down 0.58%. The security is trading below its three moving averages: MA20 at €8.17, MA50 at €8.15 and MA200 at €8.30, representing deviations ranging from -4.36% to -6.08% depending on the reference used. This positioning extends the negative momentum observed over recent weeks, with a decline of 3.23% over seven days.
The €7.71 support level is approaching: it now separates the current price by just over one percent, a level already identified during the late September decline. The RSI at 44 remains in neutral territory, with no clear signal of selling exhaustion at this stage.
Contained valuation amid limited quarterly decline and displayed growth strategy
Despite today's decline, the security is still up +1.7% over three months and +54.36% over one year, which illustrates the extent of the ground covered since end-2025 levels. According to the consensus of analysts surveyed, the stock is trading at approximately 6.1 times expected earnings for the current fiscal year, a modest valuation for an exploration-production company. During the publication of first-half 2026 results on August 6, management had emphasized its ability to mobilize its cash position within a growth-oriented logic.
Regarding analyst opinions, no recent revisions appear in the available data. The €7.71 support level remains the immediate technical reference to monitor in order to assess the resilience of the current configuration.
