Premier Oil

Fiscal 2018: debt reduction progressed and foundation for new ventures set out

  • Sectors : Resource
  • Companies : Premier Oil

Ratings and price correct at time of issue.

  • Premier Oil

    Closing Price: 73.9p

  • RATING 20/06/14

  • PREVIOUS RATING 03/04/12

    OUTPERFORM

DAVY VIEW

While Premier’s results contain little by way of surprise, we think they show a group that has laid the foundation for reduction of financial risk and set out a platform for the next phase of value addition. This is likely to be the theme for 2019 as well. By and large, we think this will be well received by shareholders.

Download full report with analyst certification and important disclosures

Mar 7 2019, 08:45 GMT

Download