Quantbot Technologies LP bought a new stake in Oil Search Limited (OTCMKTS:OISHY – Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 65,677 shares of the company’s stock, valued at approximately $526,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of OISHY. One Wealth Advisors LLC acquired a new position in Oil Search during the second quarter worth approximately $122,000. GSA Capital Partners LLP acquired a new stake in shares of Oil Search in the second quarter valued at approximately $249,000. State of Wyoming acquired a new stake in shares of Oil Search in the second quarter valued at approximately $433,000. Deutsche Bank AG bought a new position in shares of Oil Search during the 2nd quarter worth approximately $2,482,000. Finally, Pallas Capital Advisors LLC bought a new position in shares of Oil Search during the 2nd quarter worth approximately $84,000.
Oil Search Price Performance
OISHY stock opened at $14.13 on Friday. Oil Search Limited has a 1-year low of $13.00 and a 1-year high of $17.51. The business’s 50 day simple moving average is $14.13 and its 200 day simple moving average is $14.13.
Oil Search Company Profile
Oil Search Limited is an independent oil and gas exploration and production company focused primarily on Papua New Guinea. The company acquires, explores and develops petroleum resources and holds a diversified portfolio of exploration licenses and production assets. Its activities encompass upstream operations, including seismic surveying, well drilling and field development, as well as midstream responsibilities such as gas processing and transport to domestic and export markets.
A cornerstone of Oil Search’s portfolio is its equity interest in the Papua New Guinea Liquefied Natural Gas (PNG LNG) Project, a long-term liquefaction and export venture operated by a consortium of international partners.
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