Premier Oil

2P power – production and price

  • Sectors : Resource
  • Companies : Premier Oil

Ratings and price correct at time of issue.

  • Premier Oil

    Closing Price: 90.4p

  • RATING 20/06/14

  • PREVIOUS RATING 03/04/12

    OUTPERFORM

DAVY VIEW

Premier Oil’s trading update demonstrates the power of good production and strong prices. This was amplified by a good, largely problem free, operational performance across the board. The outcome is strong cash flow and accelerated debt reduction. This will please the market and we expect the share price to reflect this.

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May 16 2019, 09:00 IST/BST

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