News Results for Premier Oil (PMO)

Oil producer Premier Oil downgraded its annual production guidance following an unplanned outage at the Catcher field in the North Sea. Output in 2020 was now expected at between 65k and 70k...

Berenberg today downgrades its investment rating on Premier Oil PLC (LON:PMO) to hold (from buy) and cut its price target to 30p (from 130p). Story provided by StockMarketWire.com Broker...

UK stocks closed sharply lower on Tuesday after oil plays were hit by a record slump in crude oil prices as the coronavirus pandemic sapped demand for energy in an already-oversupplied market. At...

Investec today downgrades its investment rating on Premier Oil PLC (LON:PMO) to hold (from buy) and cut its price target to 25p (from 135p). Story provided by StockMarketWire.com Broker...

UK stocks traded sharply lower on Tuesday after oil producers faced a record slump in crude oil prices as the coronavirus pandemic sapped demand in an already-oversupplied market. At midday the...

UK stocks opened lower on Monday as investors continued to fret about the damage the Covid-19 crisis is doing to the global economy and company earnings. At 0820, the benchmark FTSE 100 index was...

Mr Kilping cakes and Oxo stock cube producer Premier Foods said it expected to report a trading profit at the top end of market expectations, while also announcing a pensions deal that could reduce...

Robin Allan, Executive Director, has transferred in 35,861 shares in the company on the 14th April 2020 at a price of 0.00p. The Director now holds 18,904,996 shares. NOTE: Vesting - net of 41,496...

Tony Durrant, Chief Executive Officer, has transferred in 75,564 shares in the company on the 14th April 2020 at a price of 0.00p. The Director now holds 1,742,469 shares. NOTE: Vesting - net of...

Richard Rose, Financial Director, has transferred in 33,193 shares in the company on the 14th April 2020 at a price of 0.00p. The Director now holds 268,853 shares. NOTE: Vesting - net of 39,244...

UK stocks made substantial gains in early trading on Tuesday amid continued hopes that the spread of coronavirus may be leveling out in major hotspots in Europe and the US. At 0825, the benchmark...

Premier Oil confirmed that a well in Alaska had turned up disappointing results. The Charlie-1 well in the Area A block on the North Slope of Alaska proved the presence of mobile hydrocarbons....

Richard Rose, Financial Director, bought 911 shares in the company on the 1st April 2020 at a price of 16.50p. The Director now holds 235,660 shares. NOTE: Awarded 911 matching shares. Story...

Robin Allan, Executive Director, bought 759 shares in the company on the 1st April 2020 at a price of 16.50p. The Director now holds 18,869,135 shares. NOTE: Awarded 759 matching shares. Story...

Tony Durrant, Chief Executive Officer, bought 759 shares in the company on the 1st April 2020 at a price of 16.50p. The Director now holds 1,666,905 shares. NOTE: Awarded 759 matching shares....

London stock markets chalked-up the worst weekly performance since the 2008 financial crisis despite clawing back a fraction of lost territory in Friday trading as earlier strength flagged. The...

It may be unlucky for some but for UK investors Friday 13th provided welcome relief after a week of brutal losses which saw $8trn wiped off global markets. Governments in countries which have been...

UK stocks bounced on Friday, recouping some of Thursday's horrendous losses, after central banks moved to stabilize markets with big liquidity injections. At 0821, the benchmark FTSE 100 index was...

Oil and gas producer Premier Oil said it was planning to cut capital expenditure by at least $100m as it works to conserve cash amid a collapsing oil price. The company said its assets were...

Peel Hunt today reaffirms its buy investment rating on Premier Oil PLC (LON:PMO) and cut its price target to 50p (from 125p). Story provided by StockMarketWire.com Broker Forecasts data provided...

Stifel today downgrades its investment rating on Premier Oil PLC (LON:PMO) to hold (from buy). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk

Peel Hunt today reaffirms its buy investment rating on Premier Oil PLC (LON:PMO) and cut its price target to 125p (from 165p). Story provided by StockMarketWire.com Broker Forecasts data provided...

Premier Oil has posted an increase in profit after tax of US$164 million for the 12 months to the end of December 2019. The company said it has record free cash flow amounting to US$327 million,...

Robin Allan, Executive Director, bought 128 shares in the company on the 3rd February 2020 at a price of 98.20p. The Director now holds 18,868,217 shares. NOTE: Awarded 128 matching shares Story...

Tony Durrant, Chief Executive Officer, bought 129 shares in the company on the 3rd February 2020 at a price of 98.20p. The Director now holds 1,665,987 shares. NOTE: Awarded 129 matching shares...

Richard Rose, Financial Director, bought 154 shares in the company on the 3rd February 2020 at a price of 98.20p. The Director now holds 234,558 shares. NOTE: Awarded 154 matching shares. Story...

Stifel today upgrades its investment rating on Premier Oil PLC (LON:PMO) to buy (from hold). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk

London's FTSE 100 finished modestly in the red on Tuesday, Europe's morning rebound losing some of its shine following losses for Wall Street's main indices which reflected a PMI-boost for the...

London's FTSE 100 firmed on Tuesday, despite the UK government coming under pressure over its plans for a post-Brexit trade deal, as investor concerns over a US/Iran standoff began to ease. Prime...

Oil and gas firm Rockhopper Exploration has signed an agreement with Premier Oil Exploration and Production and Navitas Petroleum for a 30% stake in the Sea Lion oilfield project. In addition,...

The FTSE 100 index traded broadly flat in early trading on Tuesday as the UK government came under pressure over its plans for a post-Brexit trade deal. Prime minister Boris Johnson will begin...

Premier Oil has announced the proposed acquisitions of two oilfields in the North Sea from BP for a combined $625m. The purchases will include the Andrew Area oilfield and the Shearwater...

Robin Allan, Executive Director, bought 126 shares in the company on the 2nd January 2020 at a price of 99.28p. The Director now holds 18,868,089 shares. NOTE: Awarded 126 matching shares Story...

Tony Durrant, Chief Executive Officer, bought 125 shares in the company on the 2nd January 2020 at a price of 99.28p. The Director now holds 1,665,858 shares. NOTE: Awarded 125 matching shares...

Richard Rose, Financial Director, bought 151 shares in the company on the 2nd January 2020 at a price of 99.28p. The Director now holds 234,404 shares. NOTE: Awarded 151 matching shares Story...

Robin Allan, Executive Director, bought 144 shares in the company on the 2nd December 2019 at a price of 87.24p. The Director now holds 18,867,963 shares. NOTE: Awarded 144 matching shares. Story...

Tony Durrant, Chief Executive Officer, bought 144 shares in the company on the 2nd December 2019 at a price of 87.24p. The Director now holds 1,665,733 shares. NOTE: Awarded 144 matching shares....

Richard Rose, Financial Director, bought 172 shares in the company on the 2nd December 2019 at a price of 87.24p. The Director now holds 234,253 shares. NOTE: Awarded 172 matching shares. Story...

Premier Oil said first gas had started flowing from its operated Bison, Iguana and Gajah Puteri project in the Natuna Sea offshore Indonesia. The two-year project was delivered on schedule and...

Barclays Capital today reaffirms its equal weight investment rating on Premier Oil PLC (LON:PMO) and raised its price target to 105p (from 100p). Story provided by StockMarketWire.com Broker...

The FTSE 100 continued to fall this morning, weighed down by disappointing industrial data from China. Having started its decline on Wednesday, closing 14.23 points down, at 8.40am the index had...

Premier Oil has reduced its net debt by $300m as at the end of October, according to a trading and operations update published today. The company also announced a significant commercial discovery...

Robin Allan, Executive Director, bought 150 shares in the company on the 1st November 2019 at a price of 83.32p. The Director now holds 18,867,819 shares. NOTE: SIP Purchase: Also awarded 150...

Tony Durrant, Chief Executive Officer, bought 150 shares in the company on the 1st November 2019 at a price of 83.32p. The Director now holds 1,665,589 shares. NOTE: SIP Purchase: Also awarded 150...

Richard Rose, Financial Director, bought 180 shares in the company on the 1st November 2019 at a price of 83.32p. The Director now holds 234,081 shares. NOTE: SIP Purchase: Also awarded 180...

Peel Hunt today reaffirms its buy investment rating on Premier Oil PLC (LON:PMO) and cut its price target to 155p (from 165p). Story provided by StockMarketWire.com Broker Forecasts data provided...

Barclays Capital today reaffirms its equal weight investment rating on Premier Oil PLC (LON:PMO) and raised its price target to 100p (from 95p). Story provided by StockMarketWire.com Broker...

Barclays Capital today reaffirms its equal weight investment rating on Premier Oil PLC (LON:PMO) and cut its price target to 95p (from 120p). Story provided by StockMarketWire.com Broker...

Robin Allan, Executive Director, bought 159 shares in the company on the 1st October 2019 at a price of 78.22p. The Director now holds 18,867,669 shares. NOTE: SIP Purchase: Also awarded 159...

Tony Durrant, Chief Executive Officer, bought 159 shares in the company on the 1st October 2019 at a price of 78.22p. The Director now holds 1,665,439 shares. NOTE: SIP Purchase: Also awarded 159...

Richard Rose, Financial Director, bought 192 shares in the company on the 1st October 2019 at a price of 78.22p. The Director now holds 233,901 shares. NOTE: SIP Purchase: Also awarded 192...

The maker of food products including Mr Kipling cakes and Oxo stock cubes, Premier Foods, said it had appointed the head of its UK business, Alex Whitehouse, as its new chief executive. The...

UK share markets plunged farther and faster in late afternoon trade to close firmly in the red as a slow start to US trading failed to lift ongoing worries over US interest rate cuts following the...

UK stocks are falling on Thursday as the market digested the Wednesday's Federal Reserve July meeting minutes, which provided little clarity for future direction. At 08:58, the benchmark FTSE 100...

Premier Oil reported an increase in first-half earnings on the back of higher production and left its full-year output guidance unchanged. The company said earnings from continuing operations...

Peel Hunt today reaffirms its buy investment rating on Premier Oil PLC (LON:PMO) and raised its price target to 165p (from 155p). Story provided by StockMarketWire.com Broker Forecasts data...

Robin Allan, Executive Director, bought 154 shares in the company on the 1st August 2019 at a price of 81.24p. The Director now holds 18,867,352 shares. NOTE: Awarded 154 matching shares. Story...

Tony Durrant, Chief Executive Officer, bought 154 shares in the company on the 1st August 2019 at a price of 81.24p. The Director now holds 1,665,122 shares. NOTE: Awarded 154 matching shares....

Tony Durrant, Chief Executive Officer, bought 154 shares in the company on the 1st August 2019 at a price of 81.24p. The Director now holds 1,665,122 shares. NOTE: Awarded 154 matching shares....

UK stocks opened lower on Wednesday as energy companies were dragged down by recent oil-price weakness. At 0859, the benchmark FTSE 100 index was down 12.86 points, or 0.2%, at 7.564.34. BP and...

Premier Oil said it was on track to meet its recently-upgraded production guidance and had further chipped away at its debt pile during the first half. In a trading update for the six months...

Premier Oil said it had "significantly increased" its estimate of how much oil could be recovered from its offshore Zama project in Mexico. Evaluation of data from appraisal wells and a vertical...

Robin Allan, Executive Director, exercised 42,857 shares in the company on the 3rd June 2019 at a price of 42.00p. The Director now holds 1,886,883 shares. Story provided by StockMarketWire.com...

Tony Durrant, Chief Executive Officer, exercised 42,857 shares in the company on the 3rd June 2019 at a price of 42.00p. The Director now holds 1,664,653 shares. Story provided by...

Richard Rose, Financial Director, exercised 42,857 shares in the company on the 3rd June 2019 at a price of 42.00p. The Director now holds 232,957 shares. Story provided by StockMarketWire.com...

The FTSE 100 closed up 0.8% at 7,353,51 on Thursday (16 May) on a weaker sterling, stronger oil prices and hopes for a resolution to the trade war between the US and China. By 4.30pm UK time the...

Berenberg today reaffirms its buy investment rating on Premier Oil PLC (LON:PMO) and raised its price target to 130p (from 120p). Story provided by StockMarketWire.com Broker Forecasts data...

Premier Oil increased its full-year production guidance to 75,000-80,000 barrels of oil equivalent per day as "very high" group operating efficiency and a late contribution from now-sold Pakistan...

The FTSE 100 took its lead from positive trading in Asia overnight amid hopes the Chinese economy is stabilising, helping the blue-chip index rise 0.4% to 7,465 at around midday. US futures rose,...

RBC Capital Markets today reaffirms its top pick investment rating on Premier Oil PLC (LON:PMO) and raised its price target to 150p (from 140p). Story provided by StockMarketWire.com Broker...

Premier Oil said the operator of a side-track well offshore Mexico had successfully completed production testing. Talos Energy, the operator of Block 7, said it had performed a drill stem test of...

The FTSE 100 was up 0.5% to 7,232.56 by midday as the ongoing Brexit impasse sees a drop in the pound and following news of a possible breakthrough in trade talks between the US and China. News...

UK oil company Premier Oil said it had completed the sale of its Pakistan business - Premier Oil Pakistan Holdings - to Islamabad-based firm Al-Haj Energy for $65.6m. Premier received the full...

Robin Allan, Executive Director, has transferred in 89,192 shares in the company on the 14th March 2019 at a price of 0.00p. The Director now holds 1,843,771 shares. NOTE: Vesting - net of 79,093...

Tony Durrant, Chief Executive Officer, has transferred in 156,271 shares in the company on the 14th March 2019 at a price of 0.00p. The Director now holds 1,621,541 shares. NOTE: Vesting - net of...

Richard Rose, Financial Director, has transferred in 80,295 shares in the company on the 14th March 2019 at a price of 0.00p. The Director now holds 189,794 shares. NOTE: Vesting - net of 71,204...

Berenberg today reaffirms its buy investment rating on Premier Oil PLC (LON:PMO) and raised its price target to 120p (from 110p). Story provided by StockMarketWire.com Broker Forecasts data...

North Sea producer Premier Oil returned to profit in 2018, with a net profit of $133.4m compared to a net loss of $235.8m a year earlier as it achieved higher production and prices for its oil. It...

Robin Allan, Executive Director, bought 169 shares in the company on the 1st March 2019 at a price of 73.95p. The Director now holds 1,754,579 shares. NOTE: Awarded 169 matching shares. Story...

Tony Durrant, Chief Executive Officer, bought 169 shares in the company on the 1st March 2019 at a price of 73.95p. The Director now holds 1,465,270 shares. NOTE: Awarded 169 matching shares....

Richard Rose, Financial Director, bought 202 shares in the company on the 1st March 2019 at a price of 73.95p. The Director now holds 109,499 shares. NOTE: Awarded 202 matching shares. Story...

Richard Rose, Financial Director, bought 209 shares in the company on the 1st February 2019 at a price of 71.80p. The Director now holds 109,297 shares. NOTE: Awarded 209 matching shares. Story...

Robin Allan, Executive Director, bought 174 shares in the company on the 1st February 2019 at a price of 71.80p. The Director now holds 1,754,410 shares. NOTE: Awarded 174 matching shares. Story...

Robin Allan, Executive Director, bought 174 shares in the company on the 1st February 2019 at a price of 71.80p. The Director now holds 1,754,410 shares. NOTE: Awarded 174 matching shares. Story...

RBC Capital Markets today reaffirms its top pick investment rating on Premier Oil PLC (LON:PMO) and cut its price target to 140p (from 200p). Story provided by StockMarketWire.com Broker...

The FTSE 100 clawed back some losses but remained in the red, down 0.9% at 6,855, after downbeat Chinese data concerned investors. Reports of progress between the US and China on a potential...

The FTSE 100 is down more than 1% to 6,844.84 by Monday lunchtime as investors react to figures overnight in China showing a deterioration in both imports and exports. US futures are also pointing...

Premier Oil confirmed that it was looking at acquiring assets in the North Sea while responding to press speculation that it eyeing Chevron's assets there. 'Premier will continue to look at...

Barclays Capital today reaffirms its overweight investment rating on Premier Oil PLC (LON:PMO) and cut its price target to 105p (from 130p). Story provided by StockMarketWire.com Broker Forecasts...

UK stocks are falling on Thursday morning amid weaker Asian overnight trading and as poor Christmas trading for many UK retailers weighed on prices. At 08:58, the benchmark FTSE 100 was 0.46%, or...

UK oil company Premier Oil said in a trading update on Thursday that it had reduced its debt to US$2.3bn at the end of 2018, below its previous forecast of US$2.4bn. This constituted a reduction...

Berenberg today reaffirms its hold investment rating on Premier Oil PLC (LON:PMO) and cut its price target to 90p (from 140p). Story provided by StockMarketWire.com Broker Forecasts data provided...

Robin Allan, Executive Director, bought 201 shares in the company on the 4th January 2019 at a price of 62.30p. The Director now holds 1,754,236 shares. NOTE: SIP Purchase: Also awarded 201...

Tony Durrant, Chief Executive Officer, bought 201 shares in the company on the 2nd January 2019 at a price of 62.30p. The Director now holds 1,464,927 shares. NOTE: SIP Purchase: Also awarded 201...

Richard Rose, Financial Director, bought 201 shares in the company on the 2nd January 2019 at a price of 62.30p. The Director now holds 109,088 shares. NOTE: SIP Purchase: Also awarded 201...

The FTSE 100 managed to claw back earlier losses throughout the day but remained stubbornly in the red as miners continued to weigh on performance. Investors were worried about a potential...

RBC Capital Markets today reaffirms its top pick investment rating on Premier Oil PLC (LON:PMO) and cut its price target to 200p (from 230p). Story provided by StockMarketWire.com Broker...

UK stocks opened substantially stronger on Friday, recouping a portion of Thursday's steep losses, though investors remained on edge about trade tensions between the US and China. At 0844, the...

Premier Oil stuck to its annual production guidance after it achieved higher-than-expected output in November and December. The company said it was still forecasting full-year production of around...