Zacks Investment Research upgraded shares of Hurricane Energy (OTCMKTS:HRCXF) from a sell rating to a hold rating in a research report sent to investors on Wednesday, Zacks.com reports.

According to Zacks, “Hurricane Energy PLC is involved in the exploration of oil and gas properties primarily in the United Kingdom. Hurricane Energy PLC is headquartered in Godalming, the United Kingdom. “

Shares of OTCMKTS:HRCXF remained flat at $$0.55 during midday trading on Wednesday. Hurricane Energy has a fifty-two week low of $0.51 and a fifty-two week high of $0.79. The business has a 50-day moving average of $0.67.

About Hurricane Energy

Hurricane Energy plc, together with its subsidiaries, discovers, appraises, and develops oil from fractured basement reservoirs. The company has a portfolio of contiguous offshore licenses on the United Kingdom Continental Shelf, to the west of Shetland. Its producing oil fields include Clair, Foinaven, and Schiehallion; licenses are focuses on the Rona Ridge, a major NE-SW trending basement; and acreage comprises Lancaster, Whirlwind, Lincoln, and Halifax.

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