Faroe Petroleum plc, an independent oil and gas company, engages in the exploration, appraisal, and development of oil and gas fields in Northwest Europe. The company has interests in the Trym, Tambar, Ula, and Ringhorne East fields in Norway; and Blane oil field in the United Kingdom. As of January 1, 2018, it had proven and probable reserves of 114.1 million barrels of oil equivalent. The company was founded in 1997 and is headquartered in Aberdeen, the United Kingdom.
Industry, Sector and Symbol
Industry Independent Oil & Gas
Sub-IndustryN/A
SectorBasic Materials
Phone+44-1224-650920
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
Employees80
OptionableNot Optionable
Faroe Petroleum (LON:FPM) Frequently Asked Questions
What is Faroe Petroleum's stock symbol?
Faroe Petroleum trades on the London Stock Exchange (LON) under the ticker symbol "FPM."
How were Faroe Petroleum's earnings last quarter?
Faroe Petroleum plc (LON:FPM) announced its earnings results on Tuesday, March, 20th. The oil and gas exploration company reported ($3.10) earnings per share for the quarter, missing analysts' consensus estimates of ($1.10) by $2.00. The oil and gas exploration company had revenue of $152.92 million for the quarter. View Faroe Petroleum's Earnings History.
What price target have analysts set for FPM?
8 Wall Street analysts have issued twelve-month target prices for Faroe Petroleum's shares. Their predictions range from GBX 140 to GBX 190. On average, they anticipate Faroe Petroleum's share price to reach GBX 163.86 in the next twelve months. This suggests a possible upside of 2.4% from the stock's current price. View Analyst Price Targets for Faroe Petroleum.
What is the consensus analysts' recommendation for Faroe Petroleum?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Faroe Petroleum in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Faroe Petroleum.
Has Faroe Petroleum been receiving favorable news coverage?
News headlines about FPM stock have been trending very positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Faroe Petroleum earned a daily sentiment score of 3.2 on InfoTrie's scale. They also gave media headlines about the oil and gas exploration company a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days.
Who are some of Faroe Petroleum's key competitors?
Some companies that are related to Faroe Petroleum include Almaden Minerals (AMM), Altai Resources (ATI), American Patriot Oil & Gas (AOW), Argos Resources (ARG), Armour Energy (AJQ), Ascent Resources (AST), Athabasca Oil (ATH), Bahamas Petroleum (BPC), Bayshore Petroleum (BSH), Beach Energy (BPT), Bellatrix Exploration (BXE), Bengal Energy (BNG), Borders & Southern Petroleum (BOR), Byron Energy (BYE) and Cairn Energy (CNE).
Who are Faroe Petroleum's key executives?
Faroe Petroleum's management team includes the folowing people:
- Mr. Graham Duncan Stewart, CEO & Exec. Director (Age 58)
- Mr. Jonathan R. Cooper, CFO & Director (Age 50)
- Mr. Helge A. Hammer, COO & Exec. Director (Age 57)
- Mr. John J. Arnton, Group Legal Mang.
- Mr. Nick Ingrassia, Group Head of Bus. Devel.
How do I buy shares of Faroe Petroleum?
Shares of FPM and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
What is Faroe Petroleum's stock price today?
One share of FPM stock can currently be purchased for approximately GBX 160.
What is Faroe Petroleum's official website?
How can I contact Faroe Petroleum?
Faroe Petroleum's mailing address is 24 Carden Place, ABERDEEN, AB10 1UQ, United Kingdom. The oil and gas exploration company can be reached via phone at +44-1224-650920.
MarketBeat Community Rating for Faroe Petroleum (LON FPM)
MarketBeat's community ratings are surveys of what our community members think about Faroe Petroleum and other stocks. Vote "Outperform" if you believe FPM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FPM will underperform the S&P 500 over the long term. You may vote once every thirty days.
