FY2017 EPS Estimates for Premier Oil PLC Lifted by Analyst (PMOIY)
Premier Oil PLC (OTC:PMOIY) – Research analysts at Jefferies Group upped their FY2017 earnings per share (EPS) estimates for Premier Oil PLC in a note issued to investors on Tuesday. Jefferies Group analyst M. Wilson now expects that the company will earn $0.20 per share for the year, up from their prior estimate of $0.10. Jefferies Group currently has a “Buy” rating on the stock. Jefferies Group also issued estimates for Premier Oil PLC’s FY2020 earnings at $0.95 EPS and FY2021 earnings at $0.87 EPS.
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Premier Oil PLC (OTC PMOIY) opened at 0.80 on Thursday. The firm has a 50-day moving average of $0.74 and a 200-day moving average of $0.78. Premier Oil PLC has a 12-month low of $0.56 and a 12-month high of $1.15. The stock’s market cap is $408.64 million.
About Premier Oil PLC
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.
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