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Premier Oil PLC

PMO.L

Latest Trade

112.65GBp

Change

0.65(+0.58%)

Volume

3,780,686

Today's Range

111.55

 - 

114.40

52 Week Range

64.48

 - 

120.70

As of on the London Stock Exchange (LON) ∙ Minimum 15 minute delay

Pricing

Previous Close
112.00
Open
112.50
Volume
3,780,686
3M AVG Volume
131.15
Today's High
114.40
Today's Low
111.55
52 Week High
120.70
52 Week Low
64.48
Shares Out (MIL)
831.54
Market Cap (MIL)
932.67
Forward P/E
--
Dividend (Yield %)
--

Next Event

Full Year 2019 Premier Oil PLC Earnings Release

Latest Developments

More

Premier Oil To Convene Creditor Meetings For UK North Sea Deal On Feb 12

Premier Oil expects acquisitions to cost $500 mln due to backdating

BP Agrees Terms To Sell Some North Sea Interests To Premier Oil

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About Premier Oil PLC

Premier Oil plc is an independent exploration and production company with oil and gas interests in the North Sea, South East Asia, the Falkland Islands and Latin America. The Company is engaged in the business of upstream oil and gas exploration and production. The Company's operations are located and managed in six business units: the Falkland Islands, Indonesia (including Mauritania), the United Kingdom, Vietnam and the Rest of the World. In total, the Company manages approximately 760 million barrels of oil equivalent (mmboe). The Company has production rates of over 90 thousand barrels of oil equivalent per day (kboepd). The Company focuses on producing 68 to 73 kboepd. The Company's four-well North Falklands Basin campaign targets multiple stacked fans in PL004 and PL032 using the Eirik Raude rig. The Company owns an interest in over two licenses, such as Natuna Sea Block A and Kakap.

Contact Info

23 Lower Belgrave Street

+44.20.77301111

http://www.premier-oil.com

Executive Leadership

Roy Alexander Franklin

Non-Executive Independent Chairman of the Board

Anthony R. C. Durrant

Chief Executive Officer, Executive Director

Richard A. Rose

Finance Director, Executive Director

Andrew Gibb

Group General Counsel, Interim Company Secretary

Robin A. Allan

Executive Director, Director - North Sea and Exploration

Key Stats

1.80 mean rating - 15 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2016

1.0K

2017

1.1K

2018

1.4K

2019(E)

1.6K
EPS (USD)

2016

0.720

2017

-0.210

2018

0.070

2019(E)

0.141
Price To Earnings (TTM)
10.37
Price To Sales (TTM)
0.74
Price To Book (MRQ)
1.09
Price To Cash Flow (TTM)
1.79
Total Debt To Equity (MRQ)
293.62
LT Debt To Equity (MRQ)
279.06
Return on Investment (TTM)
2.33
Return on Equity (TTM)
2.10

Latest News

Latest News

Premier Oil creditor to question plan to extend debt maturity, approve deals

Premier Oil's <PMO.L> biggest lender on Friday raised fresh concerns over the company's plan to have its creditors vote on planned acquisitions of North Sea assets under a scheme that allows it to delay debt repayments and issue new shares.

Premier Oil investor to question plan to extend debt maturity, approve deals

Hedge fund Asia Research and Capital Management (ARCM) on Friday raised fresh concerns over Premier Oil's plan to have its creditors vote on the planned acquisition of North Sea assets under a scheme that allows it to delay debt repayments and issue new shares.

Court allows Premier Oil creditors' to vote on planned deals on February 12

Indebted Premier Oil <PMO.L> won permission from a court on Thursday to have its creditors vote on planned acquisitions of North Sea assets for around $800 million under a scheme that would allow it to delay debt repayments and issue new shares.

Premier Oil plans $500 million rights issue for North Sea buying spree

Premier Oil <PMO.L> is set to buy North Sea assets from BP <BP.L> and increase its stake in the Tolmount gas project, funded by a $500 million (379.97 million pounds) rights issue, but faces opposition from hedge fund ARCM, which vowed to fight the plans.

BRIEF-Premier Oil CEO says does not expect to pay tax in Britain for 10 yrs

* PREMIER OIL CEO SAYS "EXTREMELY POSITIVE" RESPONSE FROM SHAREHOLDERS GIVES "COMFORT" IN TERMS OF PLANNED DEALS, RIGHTS ISSUE

Premier Oil investor opposes plan to extend debt maturity, approve deals

Premier Oil's <PMO.L> largest creditor, hedge fund Asia Research and Capital Management (ARCM), said it would oppose the plan announced by the company on Tuesday to extend its debt maturity and pursue a number of acquisitions.

Premier Oil investor opposes plan to extend debt maturity, approve deals

Premier Oil's largest creditor, hedge fund Asia Research and Capital Management (ARCM), said it would oppose the plan announced by the company on Tuesday to extend its debt maturity and pursue a number of acquisitions.

Premier Oil to buy BP North Sea assets for $625 mln

Premier Oil is set to buy stakes in North Sea oilfields Andrew and Shearwater from BP for $625 million and increase its stake in the Tolmount gas project buying a bigger stake from Dana for $191 million, Premier said on Tuesday.

Premier Oil shares lifted by progress on production and debt

Premier Oil <PMO.L> said on Thursday production would come in at the top end of its forecast range this year, driven by its flagship North Sea Catcher field, and that it would cut debt by more than the $300 million (£234.45 million) previously promised.

Britain's Premier Oil expects higher annual production, cuts debt

Premier Oil said on Thursday it expects annual production at the upper end of a previous forecast, banking on higher output from its flagship Catcher field in the British North Sea, and said its debt pile had reduced by $300 million.

Premier Oil shares jump on higher profits, Zama stake disposal

Britain's Premier Oil <PMO.L> reported a 23.5% jump in first-half profit on Thursday powered by record output and said it planned to sell its stake in the offshore Zama field in Mexico to reduce debt.

Premier Oil to upgrade Catcher oilfield reserves again - CEO

Premier Oil <PMO.L> will announce a second reserves upgrade for its Catcher oilfield in the North Sea at the end of the year, Chief Executive Officer Tony Durrant told Reuters on Thursday.

Premier Oil to upgrade Catcher oilfield reserves again -CEO

Premier Oil will announce a second reserves upgrade for its Catcher oilfield in the North Sea at the end of the year, Chief Executive Officer Tony Durrant told Reuters on Thursday.

Premier Oil cuts operating costs forecast, debt reduction on track

Britain's Premier Oil <PMO.L> on Wednesday reduced its forecast for its 2019 operating costs to $12 per barrel of oil equivalent (boe) from $13 and expects debt reduction to reach the upper end of its $250-$350 million target by year-end.

Premier Oil raises resource estimate for Zama field

Britain's Premier Oil Plc on Thursday "significantly" increased its resource estimate for the Zama field offshore Mexico, a month after it raised its total production guidance for 2019.

Premier Oil raises resource estimate for Zama field

Britain's Premier Oil Plc on Thursday "significantly" increased its resource estimate for the Zama field offshore Mexico, a month after it raised its total production guidance for 2019.

Premier Oil raises output guidance for 2019

Britain's Premier Oil increased its 2019 production guidance on Thursday, saying output had been boosted by efficiency measures and a late sale from its now-divested Pakistan oil fields.

Premier Oil raises output guidance to up to 80,000 boed

Britain's Premier Oil increased its production guidance for this year on Thursday to 75,000 to 80,000 barrels of oil equivalent per day (boed) from up to 75,000 boed previously.

Premier Oil swings from loss to 2018 net profit of $133 million

Premier Oil swung to a net profit of $133.4 million in 2018 from a net loss of more than $250 million in the previous year, the British firm said on Thursday, adding it aimed to reduce its debt pile to potentially less than $2 billion by year-end.

Premier Oil swings from loss to 2018 net profit of $133 mln

Premier Oil swung to a net profit of $133.4 million in 2018 from a net loss of more than $250 million in the previous year, the British firm said on Thursday, adding it aimed to reduce its debt pile to potentially less than $2 billion by year-end.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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