Premier Oil PLC (LON:PMO) has been reiterated to Equal weight in a statement by Barclays Capital earlier today.
- Updated: February 12, 2017
Barclays Capital has reiterated Premier Oil PLC (LON:PMO) to Equal weight in a statement released on 2/9/2017. They are also stating a potential upside of 0%.
On Tuesday February 07, 2017, Deutsche Bank released a statement about Premier Oil PLC (LON:PMO) maintained the target price at 90.00GBX that suggested an upside of 0%.
Having a price of 0.00GBX, Premier Oil PLC (LON:PMO) traded 1.53% higher on the day. With the last stock price down 17.17% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.06% over the same period. PMO has recorded a 50-day average of 84.59GBX and a two hundred day average of 70.83GBX. Trade Volume was down over the average, with 4,451,751 shares of PMO changing hands under the typical 9,979,660
Recent Performance Chart
Premier Oil PLC has with a one year low of 29.39GBX and a one year high of 99.50GBX and has a market capitalization of 0 GBX.
General Company Details For Premier Oil PLC (LON:PMO)
Premier Oil plc is an independent exploration and production company with oil and gas interests in the North Sea, South East Asia, Pakistan, the Falkland Islands and Latin America. The Company is engaged in the business of upstream oil and gas exploration and production. The Company's operations are located and managed in six business units: the Falkland Islands, Indonesia, Pakistan (including Mauritania), the United Kingdom, Vietnam and the Rest of the World. In total, the Company manages approximately 760 million barrels of oil equivalent (mmboe). The Company has production rates of over 90 thousand barrels of oil equivalent per day (kboepd). The Company focuses on producing 68 to 73 kboepd. The Company's four-well North Falklands Basin campaign targets multiple stacked fans in PL004 and PL032 using the Eirik Raude rig. The Company owns an interest in over two licenses, such as Natuna Sea Block A and Kakap.
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