Independent Oil & Gas PLC (IOG) Announces Quarterly Earnings Results
Independent Oil & Gas PLC (LON:IOG) issued its earnings results on Friday. The company reported GBX (1.30) (($0.02)) earnings per share (EPS) for the quarter, Bloomberg Earnings reports.
Shares of Independent Oil & Gas PLC (LON:IOG) opened at 15.25 on Friday. The stock’s market cap is GBX 16.66 million. The stock’s 50 day moving average price is GBX 14.07 and its 200-day moving average price is GBX 15.90. Independent Oil & Gas PLC has a 1-year low of GBX 11.35 and a 1-year high of GBX 30.90.
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Several analysts have issued reports on the company. VSA Capital reaffirmed a “buy” rating on shares of Independent Oil & Gas PLC in a research note on Sunday. FinnCap reissued a “corporate” rating and set a GBX 123 ($1.65) price objective on shares of Independent Oil & Gas PLC in a research note on Sunday.
Independent Oil & Gas PLC Company Profile
Independent Oil and Gas plc (IOG) is a development and production company. The Company is engaged in the exploration and development of oil and gas opportunities in the United Kingdom North Sea. The Company owns approximately two traditional licenses and over two promote licenses all in the North Sea.
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