Premier Oil (PMOIY) Stock Price, News & Analysis

Company Overview

Premier Oil plc was an independent upstream oil and gas exploration and production company headquartered in London. Operating as a specialist in the exploration, appraisal, development and production of crude oil and natural gas, Premier Oil pursued value through targeted technical work programs and strategic farm-in agreements. The company deployed its expertise across a variety of offshore and onshore basins, with a focus on cost-efficient project execution and reserve replacement.

Its portfolio spanned key hydrocarbon provinces in the UK North Sea, South East Asia and Mexico. In the North Sea, Premier Oil held interests in several late-life and mid-life offshore fields where it applied enhanced recovery techniques to extend production profiles. In South East Asia, the company partnered with national oil companies and international contractors to advance exploration and development activities in Indonesia and Vietnam, aiming to capitalize on emerging basin potential.

Tracing its origins to the mid-20th century, Premier Oil built a track record of disciplined acquisition and farm-out transactions to optimize its asset base. In 2021, the company merged with Chrysaor Holdings, forming Harbour Energy, which now consolidates the combined upstream operations. Premier Oil’s legacy of technical-driven exploration and value-focused project management continues under the Harbour Energy banner.

Key Stats

• Today's Range: $3.10 to $3.39
• 50-Day Range: $2.48 to $3.83
• 52-Week Range: $0.18 to $0.75
• Volume: 3,644 shs
• Average Volume: 27,959 shs
• Market Capitalization: $2.90 billion
• P/E Ratio: 18.44
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

PMOIY Stock Analysis - Frequently Asked Questions

How have PMOIY shares performed this year?

Premier Oil's stock was trading at $2.93 at the start of the year. Since then, PMOIY stock has increased by 7.0% and is now trading at $3.1350.

How do I buy shares of Premier Oil?

Shares of PMOIY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Energy
• Industry: Oil & Gas Exploration Services
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:PMOIY
• CIK: N/A
• Web: www.premier-oil.com
• Phone: 44-0-20-7730-1111
• Fax: N/A
• Employees: 770
• Year Founded: 1934

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: 18.44
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.20
• Quick Ratio: 0.19

Sales & Book Value

• Annual Sales: $1.58 billion
• Price / Sales: 1.83
• Cash Flow: $11.20 per share
• Price / Cash Flow: 0.28
• Book Value: $1.38 per share
• Price / Book: 2.27

Miscellaneous

• Outstanding Shares: 925,533,000
• Free Float: N/A
• Market Cap: $2.90 billion
• Optionable: Not Optionable
• Beta: 2.77