Premier Oil plc (OTCMKTS:PMOIY – Get Free Report)’s share price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $3.29 and traded as high as $3.66. Premier Oil shares last traded at $3.62, with a volume of 9,961 shares traded.
Premier Oil Trading Up 1.5%
The firm has a market capitalization of $3.35 billion, a price-to-earnings ratio of 17.65 and a beta of 2.77. The firm has a 50 day moving average price of $3.29 and a two-hundred day moving average price of $3.58.
About Premier Oil
Premier Oil plc was an independent upstream oil and gas exploration and production company headquartered in London. Operating as a specialist in the exploration, appraisal, development and production of crude oil and natural gas, Premier Oil pursued value through targeted technical work programs and strategic farm-in agreements. The company deployed its expertise across a variety of offshore and onshore basins, with a focus on cost-efficient project execution and reserve replacement.
Its portfolio spanned key hydrocarbon provinces in the UK North Sea, South East Asia and Mexico.
Further Reading
- Five stocks we like better than Premier Oil
- 3 Energy Stocks Raising Dividends as the Sector Surges
- 5 Reasons the S&P 500 Could Keep Rallying Through Year-End
- Walmart’s Post-Earnings Drop Could Be a Buying Opportunity
- The Trade Desk’s Earnings Miss Raises a Bigger Question About Its AI Future
Receive News & Ratings for Premier Oil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Premier Oil and related companies with MarketBeat.com's FREE daily email newsletter.
