Premier Oil (PMOIY) Stock Price, News & Analysis

Company Overview

Premier Oil plc was a London‐based independent oil and gas exploration and production company listed on the OTC markets under the symbol PMOIY. The firm focused on upstream operations, engaging in seismic surveying, drilling, appraisal and development activities to discover and commercialize hydrocarbon reserves. Its asset portfolio spanned mature fields and growth prospects, targeting both oil and natural gas resources.

The company’s core business activities included exploration in frontier basins and production from established fields. In the UK North Sea, Premier held interests in several platforms and subsea developments, while its Southeast Asia division operated offshore Malaysia, where it produced gas for domestic and regional markets. Additional operations in the Mediterranean and the Asia-Pacific region further diversified its production profile.

Founded in 1934, Premier Oil evolved from a small concession holder into a diversified upstream energy company. Over its history, it pursued strategic acquisitions, farm‐in agreements and joint ventures to bolster reserves and extend field life. The firm’s technical teams emphasized cost efficiency and reserve replacement, delivering sustained cash flow from long‐life assets alongside high‐impact exploration prospects.

Governed by an experienced board of directors and an executive leadership team with deep industry backgrounds, Premier Oil balanced disciplined capital allocation with growth ambitions. In July 2021, Premier Oil completed its merger with Chrysaor Holdings to form Harbour Energy, creating one of London’s largest independent oil and gas producers by reserves and reinforcing its global operating footprint.

Key Stats

• Today's Range: $2.48 to $2.48
• 50-Day Range: $2.15 to $2.94
• 52-Week Range: $0.18 to $0.75
• Volume: 186 shs
• Average Volume: 27,959 shs
• Market Capitalization: $2.30 billion
• P/E Ratio: 14.59
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

PMOIY Stock Analysis - Frequently Asked Questions

How have PMOIY shares performed this year?

Premier Oil's stock was trading at $2.93 at the beginning of the year. Since then, PMOIY shares have decreased by 15.4% and is now trading at $2.48.

How do I buy shares of Premier Oil?

Shares of PMOIY 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.

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Energy
• Industry: Oil & Gas Exploration Services
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:PMOIY
• CIK: N/A
• Web: www.premier-oil.com
• Phone: 44-0-20-7730-1111
• Fax: N/A
• Employees: 770
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: 14.59
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.20
• Quick Ratio: 0.19

Sales & Book Value

• Annual Sales: $1.58 billion
• Price / Sales: 1.45
• Cash Flow: $8.86 per share
• Price / Cash Flow: 0.28
• Book Value: $1.38 per share
• Price / Book: 1.80

Miscellaneous

• Outstanding Shares: 925,533,000
• Free Float: N/A
• Market Cap: $2.30 billion
• Optionable: Not Optionable
• Beta: 2.77