Premier Oil plc (PMO) is a leading oil & gas e&p business based in the UK. It opened the day at 21.95p after a previous close of 22p. During the day the price has varied from a low of 21.54p to a high of 22.37p. The latest price was 22.37p (25 minute delay). Premier Oil is listed on the London Stock Exchange (LSE) and employs 770 staff. All prices are listed in pence sterling.
Since the stock market crash in March caused by coronavirus, Premier Oil's share price has had significant negative movement.
Its last market close was 14.305p, which is 86.06% down on its pre-crash value of 102.65p and 42.84% up on the lowest point reached during the March crash when the shares fell as low as 10.015p.
If you had bought £1,000 worth of Premier Oil shares at the start of February 2020, those shares would have been worth £161.94 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth £145.97.
|52-week range||10.77p - 120.7p|
|50-day moving average||20.3537p|
|200-day moving average||26.7605p|
|Wall St. target price||1.84p|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||18.2p|
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The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
|1 week (2021-01-08)||4.58%|
|1 month (2020-12-17)||1.68%|
|3 months (2020-10-16)||56.38%|
|6 months (2020-07-17)||-46.38%|
|1 year (2020-01-17)||-80.86%|
|2 years (2019-01-17)||-68.00%|
|3 years (2018-01-17)||-76.39%|
Valuing Premier Oil stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Premier Oil's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Premier Oil's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 3x. In other words, Premier Oil shares trade at around 3x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the FTSE 250 at the end of September 2019 (19.71). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
However, Premier Oil's P/E ratio is best considered in relation to those of others within the oil & gas e&p industry or those of similar companies.
Premier Oil's EBITDA (earnings before interest, taxes, depreciation and amortisation) is £533.5 million.
The EBITDA is a measure of a Premier Oil's overall financial performance and is widely used to measure a its profitability.
To put Premier Oil's EBITDA into context you can compare it against that of similar companies.
|Revenue TTM||£1.2 billion|
|Gross profit TTM||£1.4 billion|
|Return on assets TTM||-1.3%|
|Return on equity TTM||-78.6%|
|Market capitalisation||£188.8 million|
TTM: trailing 12 months
We're not expecting Premier Oil to pay a dividend over the next 12 months. However, you can browse other dividend-paying shares in our guide.
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Premier Oil's shares were split on a 4:1 basis on 23 May 2011. So if you had owned 1 share the day before before the split, the next day you'd have owned 4 shares. This wouldn't directly have changed the overall worth of your Premier Oil shares – just the quantity. However, indirectly, the new 75% lower share price could have impacted the market appetite for Premier Oil shares which in turn could have impacted Premier Oil's share price.
Over the last 12 months, Premier Oil's shares have ranged in value from as little as 10.77p up to 120.7p. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (LSE average) beta is 1, while Premier Oil's is 3.7442. This would suggest that Premier Oil's shares are significantly more volatile than the average for this exchange and represent a higher risk.
To put Premier Oil's beta into context you can compare it against those of similar companies.
Premier Oil plc, an oil and gas company, engages in the exploration, production, and development of oil and gas properties in the Falkland Islands, Indonesia, Vietnam, the United Kingdom, and internationally. As of December 31, 2019, its proved and probable reserves (2P) were 175 million barrels of oil equivalent (mmboe); and 2P and estimated contingent resources were 847 mmboe. Premier Oil plc was founded in 1934 and is headquartered in London, the United Kingdom.
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