Premier Oil plc (OTCMKTS:PMOIY – Get Free Report) passed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $3.61 and traded as high as $3.68. Premier Oil shares last traded at $3.67, with a volume of 113,899 shares trading hands.
Premier Oil Trading Up 2.5%
The business has a fifty day simple moving average of $3.77 and a two-hundred day simple moving average of $3.61. The company has a market cap of $3.40 billion, a PE ratio of 17.65 and a beta of 2.77.
Premier Oil Company Profile
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.
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