24.3 C
Belgrade
Supported byspot_img
spot_img

Bankers Petroleum Temporarily Shuts-In Albania Production Over Business Interruption at the Port

Member of Europium Groupspot_img
Supported byspot_img

Bankers Petroleum was lower in recent Thursday morning trade after announcing a temporary shut-in of its Albania production due to the previously announced business interruption at the Petrolifera Italo Albanese Terminal port facility near Vlore, Albania. The oil explorer and producer expects the suspension to be lifted in the coming days, allowing it to resume operations. The stock moves at the top half of 52-week range $0.60 – $3.19.

The stock is down 0.49% or $0.01 after the news, hitting $2.02 per share. About 635,944 shares traded hands. Bankers Petroleum Ltd has risen 6.28% since October 27, 2015 and is uptrending. It has outperformed by 4.92% the S&P500.

Bankers Petroleum Ltd. is a Canada-based oil exploration and production firm focused on petroleum assets in Albania. The company has a market cap of $522.51 million. The Company’s divisions include Albania and Canada. It currently has negative earnings. The Company’s activities in Albania are located northwest of Greece in South Eastern Europe.

Supported by

Bankers Petroleum Ltd – Receive News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings with MarketBeat.com’s FREE daily email newsletter.

source: sonoranweeklyreview.com

Supported byElevatePR Digital

Related News

Canada Nickel reveals initial resource estimate for Deloro project, underscoring Timmins District prospects

Canada Nickel has announced the initial mineral resource estimate for its Deloro nickel sulphide project, located in Ontario's Timmins-Cochrane mining camp. This estimate marks...

Resouro Strategic Metals unveils extensive resource estimate for Tiros titanium and rare earths project

Resouro Strategic Metals, a recent entrant into Brazil’s rare earths sector, has unveiled a significant resource estimate for its Tiros project located in Minas...

NMMC targets $1 billion investment in 2024 to expand gold production capacity

Navoi Mining and Metallurgical Combine (NMMC), the world’s fourth-largest gold producer and Central Asia’s largest gold miner, has announced an ambitious investment program for...

U.S. and Kazakhstan strengthen energy partnership at 2024 Strategic Dialogue in Astana

On July 18, 2024, the U.S. Department of State and the Department of Energy, in partnership with Kazakhstan’s Ministry of Foreign Affairs and Ministry...
Supported by
Supported by
Supported by
error: Content is protected !!