Premier Oil plc (OTCMKTS:PMOIY – Get Free Report)’s stock price shot up 2.5% on Tuesday. The stock traded as high as $3.68 and last traded at $3.67. 113,899 shares changed hands during mid-day trading, an increase of 307% from the average session volume of 27,959 shares. The stock had previously closed at $3.58.
Premier Oil Stock Performance
The firm’s 50 day simple moving average is $3.77 and its 200 day simple moving average is $3.61. The firm has a market capitalization of $3.40 billion, a price-to-earnings ratio of 17.65 and a beta of 2.77.
About Premier Oil
Premier Oil was a UK-based independent oil and gas exploration and production company. Its activities included finding, developing and producing crude oil and natural gas for energy markets. The company operated in the North Sea and held interests in projects in countries including Indonesia and Vietnam. Its portfolio and geographic focus changed over time as it developed and sold assets. In 2021, Premier Oil combined with Chrysaor Holdings to form Harbour Energy, bringing Premier Oil’s independent operations to an end.
Featured Articles
- Five stocks we like better than Premier Oil
- Why Kinder Morgan’s Chairman Just Bought $15 Million in Stock
- Rocket Lab’s Record Backlog Could Fuel a Rebound, But Neutron Raises the Stakes
- Don’t Let Their Low Yields Fool You: 3 Dividend Stocks Worth Watching
- A $4 Billion Jolt: NRG Energy Powers Data Center Ambitions
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.
