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OTCMKTS:LNEGY

Lundin Energy AB (publ) (LNEGY) Stock Price, News & Analysis

$42.50
+0.95 (+2.29%)
(As of 05/3/2022)

About Lundin Energy AB (publ) Stock (OTCMKTS:LNEGY)

Key Stats

Today's Range
$42.50
$42.50
50-Day Range
$42.50
$42.50
52-Week Range
$29.05
$45.20
Volume
100 shs
Average Volume
1,032 shs
Market Capitalization
$78.94 billion
P/E Ratio
N/A
Dividend Yield
0.66%
Price Target
N/A
Consensus Rating
N/A

Company Overview

Lundin Energy AB (publ), an independent oil and gas company, engages in the exploration, development, and production of oil and gas properties primarily in Norway. As of December 31, 2021, it had proved plus probable oil and gas reserves of 639.1 million barrels of oil equivalent (MMboe); and proved plus probable plus possible oil and gas reserves of 799.4 MMboe. The company was formerly known as Lundin Petroleum AB (publ) and changed its name to Lundin Energy AB (publ) in March 2020. Lundin Energy AB (publ) was incorporated in 2001 and is headquartered in Stockholm, Sweden.

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LNEGY Stock News Headlines

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LNEGY Stock Analysis - Frequently Asked Questions

Lundin Energy AB (publ)'s stock was trading at $42.50 at the beginning of the year. Since then, LNEGY stock has increased by 0.0% and is now trading at $42.50.
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Shares of LNEGY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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Industry, Sector and Symbol

Industry
Chemicals
Sub-Industry
N/A
Current Symbol
OTCMKTS:LNEGY
Fax
N/A
Employees
494
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A

Miscellaneous

Outstanding Shares
1,857,330,000
Free Float
N/A
Market Cap
$78.94 billion
Optionable
Not Optionable
Beta
N/A
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Should I Buy Lundin Energy AB (publ) Stock? LNEGY Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, September 4, 2024. Please send any questions or comments about these Lundin Energy AB (publ) pros and cons to contact@marketbeat.com.

Lundin Energy AB (publ)
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Lundin Energy AB (publ):

  • Lundin Energy AB (publ) has shown consistent growth in its oil and gas reserves, providing a stable foundation for future production and revenue.
  • The company's recent focus on sustainable energy practices and ESG initiatives could attract environmentally conscious investors.
  • With the current stock price being favorable, there is potential for capital appreciation in the near term.
  • Lundin Energy AB (publ) operates primarily in Norway, a region known for its stable political environment and supportive regulatory framework for oil and gas companies.
  • The company's name change to Lundin Energy AB (publ) in 2020 reflects a strategic rebranding effort that may enhance its market positioning and investor appeal.

Lundin Energy AB (publ)
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Lundin Energy AB (publ) for these reasons:

  • Volatility in global oil and gas prices could impact the company's profitability and stock performance.
  • Geopolitical tensions or regulatory changes in Norway or other key operating regions may pose risks to Lundin Energy AB (publ)'s operations and financial outlook.
  • Environmental concerns and the shift towards renewable energy sources could affect the long-term demand for traditional oil and gas products, impacting Lundin Energy AB (publ)'s business model.
  • Market competition and technological advancements in the energy sector could challenge Lundin Energy AB (publ)'s ability to maintain its competitive edge and market share.
  • Investing in oil and gas companies like Lundin Energy AB (publ) carries inherent industry-specific risks related to commodity price fluctuations, exploration success rates, and regulatory changes.

This page (OTCMKTS:LNEGY) was last updated on 9/20/2024 by MarketBeat.com Staff
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