Premier Oil

Trading update signals steady progress

  • Sectors : Resource
  • Companies : Premier Oil

Ratings and price correct at time of issue.

  • Premier Oil

    Closing Price: 76.1p

  • RATING 20/06/14

  • PREVIOUS RATING 03/04/12



Delivery of guided net debt outcomes and production metrics should provide reassurance that Premier’s efforts to de-risk its balance sheet and establish a base of dependable production assets are showing results. At the same time, the shift to a new generation of oil and gas assets looks well underway. Notwithstanding volatile oil markets, Premier has positioned itself as best it can.

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Jan 10 2019, 10:55 GMT