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Independent Oil and Gas (IOG) is a UK-based oil and gas company that is listed on the London Stock Exchange under the ticker IOG.L. It does not have a stock symbol that trades on the USA stock exchange.
Independent Oil and Gas is focused on the development and production of reserves in the North Sea, with a portfolio of assets including the Blythe, Saturn Banks, and Nailsworth & Elland fields.
In terms of earnings, Independent Oil and Gas reported a revenue of £23.4 million for the year ended 31 December 2020, compared to £18.6 million in the previous year. The company reported a net loss of £17.2 million for the year ended 31 December 2020, compared to a net loss of £11.3 million for the previous year.
In terms of growth, Independent Oil and Gas is focused on the development of its existing assets, with a target of achieving production of over 20,000 barrels of oil equivalent per day by 2024. The company is also looking for opportunities to expand its portfolio through acquisitions and partnerships.
It is always recommended to conduct thorough research and consult with a financial advisor before making any investment decisions.