26-Oct-2020 07:29 AM
Argentina-focused oil company President Energy swung to a first-half loss after a steep fall in prices hurt revenue.
Pre-tax losses for the six months through June amounted to $3.5 million, compared to a profit of $0.25 million year-on-year.
Revenue dro
27-Jul-2020 07:51 AM
Argentina-focused oil company President Energy said it would start exporting oil for the first time, from the end of July.
The company had traditionally sold all of its oil domestically in Argentina.
It had now agreed with commodities trader Trafigura t
09-Jun-2020 08:00 AM
Peel Hunt today reaffirms its hold investment rating on President Energy Plc (LON:PPC) and cut its price target to 3p (from 4p).
Story provided by StockMarketWire.com
Broker Forecasts data provided by www.sharesmagazine.co.uk...
11-Mar-2020 09:00 AM
Peel Hunt today reaffirms its buy investment rating on President Energy Plc (LON:PPC) and cut its price target to 5p (from 8.50p).
Story provided by StockMarketWire.com
Broker Forecasts data provided by www.sharesmagazine.co.uk...
06-Mar-2020 09:00 AM
Peel Hunt today reaffirms its buy investment rating on President Energy Plc (LON:PPC) and cut its price target to 8.50p (from 10.50p).
Story provided by StockMarketWire.com
Broker Forecasts data provided by www.sharesmagazine.co.uk...
18-Feb-2020 08:10 AM
Peel Hunt today upgrades its investment rating on President Energy Plc (LON:PPC) to buy (from add) and raised its price target to 10.50p (from 7p).
Story provided by StockMarketWire.com
Broker Forecasts data provided by www.sharesmagazine.co.uk...
06-Feb-2020 12:00 PM
Panmure Gordon today downgrades its investment rating on President Energy Plc (LON:PPC) to sell (from hold).
Story provided by StockMarketWire.com
Broker Forecasts data provided by www.sharesmagazine.co.uk...
03-Feb-2020 09:45 AM
President Energy said it expected to post a fall in annual earnings, owing to lower oil and gas prices in Argentina and production disruptions.
Adjusted earnings before interest, tax, depreciation and amortisation for the year through December were seen
02-Dec-2019 08:50 AM
finnCap today reaffirms its corporate investment rating on President Energy Plc (LON:PPC) and cut its price target to 10p (from 19p).
Story provided by StockMarketWire.com
Broker Forecasts data provided by www.sharesmagazine.co.uk...
06-Aug-2019 09:30 AM
Argentina-focused President Energy said it was on track to notch around $20.0m of annual operating earnings, with 'an increasingly better second half in prospect'.
Last year, the company posted adjusted Ebitda of $16.7m.
President Energy said
20-Jun-2019 08:50 AM
Peel Hunt today downgrades its investment rating on President Energy Plc (LON:PPC) to add (from buy) and cut its price target to 10p (from 11p).
Story provided by StockMarketWire.com
Broker Forecasts data provided by www.sharesmagazine.co.uk...
16-Jan-2019 08:10 AM
finnCap today reaffirms its corporate investment rating on President Energy Plc (LON:PPC) and raised its price target to 19p (from 18p).
Story provided by StockMarketWire.com
Broker Forecasts data provided by www.sharesmagazine.co.uk...
09-Jan-2019 08:22 AM
Argentina-focused President Energy said it had exceeded its annual oil and gas production targets in calendar 2018.
Output for the year through December amounted to 3,300 barrels of oil equivalent per day, ahead of a 3,000 boepd target.
Annual productio
29-Oct-2018 07:52 AM
Argentina-focused oil and gas producer President Energy posted an 82% rise in third quarter underlying operating profit, compared to the second quarter.
For the three months through September, operational profit after administration expenses and workover
26-Sep-2018 08:22 AM
President Energy narrowed its losses in the first half as higher production boosted revenue.
Pre-tax losses for the six months through June amounted to $427k, improving from a loss of $4.6m on-year.
Revenue more than tripled to $21.9m as the company pum
06-Jun-2018 09:56 AM
Argentina-focused oil company President Energy said its annual losses narrowed, though to a still relatively-steep $13.2m as administrative expenses rose.
The loss compared to $20.4m of red ink in 2016, when the company also booked a larger impairment ch
21-May-2018 08:00 AM
Peel Hunt today reaffirms its buy investment rating on President Energy Plc (LON:PPC) and raised its price target to 13.50p (from 13p).
Story provided by StockMarketWire.com
Broker Forecasts data provided by www.sharesmagazine.co.uk...
14-May-2018 08:40 AM
Peel Hunt today reaffirms its buy investment rating on President Energy Plc (LON:PPC) and cut its price target to 12.50p (from 13p).
Story provided by StockMarketWire.com
Broker Forecasts data provided by www.sharesmagazine.co.uk...
14-May-2018 08:07 AM
President Energy provided an update in relation to its Neuquen Basin assets in Rio Negro Province, Argentina.
A seven-well workover programme at Puesto Flores already commenced comprising six producing wells and one water injector.
Long term test of gas
06-Mar-2018 03:30 PM
Peel Hunt today upgrades its investment rating on President Energy Plc (LON:PPC) to buy (from add) and raised its price target to 13p (from 11p).
Story provided by StockMarketWire.com
Broker Forecasts data provided by www.sharesmagazine.co.uk...
22-Feb-2018 09:34 AM
President Energy, the upstream oil and gas company focused primarily on Argentina, has recorded record results in January with each concession making good returns and contributing profits.
The company's Argentine assets generated US$1.3 million afte
09-Feb-2018 09:30 AM
Peel Hunt today downgrades its investment rating on President Energy Plc (LON:PPC) to add (from buy) and set its price target at 11p.
Story provided by StockMarketWire.com
Broker Forecasts data provided by www.sharesmagazine.co.uk...
08-Jan-2018 10:40 AM
Peel Hunt today reaffirms its buy investment rating on President Energy Plc (LON:PPC) and raised its price target to 12p (from 11p).
Story provided by StockMarketWire.com...
21-Nov-2017 11:00 AM
finnCap today reaffirms its corporate investment rating on President Energy Plc (LON:PPC) and cut its price target to 19p (from 21p).
Story provided by StockMarketWire.com...
20-Nov-2017 02:09 PM
President Energy has confirmed that all resolutions were passed by shareholders at today's General Meeting.
At 2:09pm: (LON:PPC) President Energy Plc share price was -0.13p at 10.25p
Story provided by StockMarketWire.com...