Friday broker round-up
5th Jun 2020 13:47
(Sharecast News) - Burberry: Goldman Sachs downgrades to sell with a target price of 1,490p.
Read morePremier Oil amends terms for BP acquisitions
5th Jun 2020 07:59
(Sharecast News) - Premier Oil announced amended terms for the acquisition of the Andrew Area and Shearwater assets, or the 'BP acquisitions', with cash payable at completion reducing to $210m (£165.98m).
Read morePremier Oil outlook is uncertain, Berenberg says
13th May 2020 14:47
(Sharecast News) - Premier Oil's outlook is unclear after a mixed trading statement, Berenberg analysts said as they kept their 'hold' rating on the company's shares.
Read moreWednesday broker round-up
13th May 2020 13:42
(Sharecast News) - Rathbone Brothers: Canaccord upgrades to buy with a target price of 1,846p.
Read morePremier Oil expects to be cash flow neutral in 2020
13th May 2020 08:54
(Sharecast News) - Premier Oil said it expected to be cash flow neutral in 2020 as hedges against falling oil prices help support its finances.
Read moreWednesday broker round-up
29th Apr 2020 13:29
(Sharecast News) - Cairn Energy: Berenberg downgrades to hold with a target price of 130p.
Read moreOil prices in fresh falls as lockdown fears weigh heavily
18th Mar 2020 11:05
(Sharecast News) - Oil prices have taken a fresh pounding, as the growing global lockdown and souring of relations between Saudi Arabia and Russia weigh heavily.
Read morePremier Oil says it has 'significant' liquidity after creditor calls for rethink
13th Mar 2020 07:10
(Sharecast News) - Premier Oil said it had "significant" liquidity with unrestricted cash of $135m and undrawn facilities of $330m at the end of February as a major creditor said the troubled producer was running out money and needed to review its debt obligations.
Read moreBrent oil futures plummet 25% after Saudi Arabia cuts selling prices
8th Mar 2020 22:46
(Sharecast News) - Crude oil futures are hurtling lower following Saudi Arabia's decision to slash its official selling price, marking the start of a price war after the Organisation of Petroleum Exporting Countries's failure to strike an agreement with the Russian Federation during the previous week to curb production.
Read moreFTSE 250 movers: Travel and oil related issues pace declines
5th Mar 2020 16:03
(Sharecast News) - The Chinese coronavirus continued to be the common denominator behind share price movements on the second-tier index on Thursday, although there were some other factors at play, including Russia's reticence thus far to contribute to another reduction in OPEC+ oil production.
Read morePre-tax profits fall at Premier Oil despite decent operational performance
5th Mar 2020 07:41
(Sharecast News) - Premier Oil reported production of 78,400 barrels of oil equivalent per day in its full-year results on Thursday, which was at the upper end of its guidance.
Read morePremier Oil production in line as it announces North Sea acquisitions
7th Jan 2020 07:20
(Sharecast News) - Premier Oil updated the market on its trading ahead of its full-year results on Tuesday, reporting 2019 production of 78,400 barrels of oil equivalent per day, which was at the upper end of its full-year guidance.
Read moreFTSE 250 movers: Tullow tanks, Centamin shines
9th Dec 2019 14:03
(Sharecast News) - London's FTSE 250 was 0.41% lower at 20,846.51 in afternoon trade on Monday, with Tullow Oil leading the index downward.
Read moreFTSE 250 movers: Cineworld climbs, Euromoney drops
4th Dec 2019 14:16
(Sharecast News) - London's FTSE 250 was up by 0.55% at 20,613.94 in afternoon trade on Wednesday, as Cineworld led the index higher.
Read morePremier Oil reports first gas from BIG-P project
2nd Dec 2019 07:52
(Sharecast News) - Premier Oil said it had achieved first gas from its operated Bison, Iguana and Gajah Puteri (BIG-P) project in the Natuna Sea, off Indonesia.
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