What Will Happen to Roxi Petroleum plc Next? The Stock Just Increased A Lot

 What Will Happen to Roxi Petroleum plc Next? The Stock Just Increased A Lot

The stock of Roxi Petroleum plc (LON:RXP) is a huge mover today! The stock increased 5.71% or GBX 0.6 on November 3, hitting GBX 11.1. About 609,960 shares traded hands. Roxi Petroleum plc (LON:RXP) has risen 10.13% since April 6, 2016 and is uptrending. It has outperformed by 8.91% the S&P500.
The move comes after 8 months positive chart setup for the GBX 104.57 million company. It was reported on Nov, 3 by Barchart.com. We have GBX 15.32 PT which if reached, will make LON:RXP worth GBX 39.74M more.

More important recent Roxi Petroleum plc (LON:RXP) news were published by: Uk.Finance.Yahoo.com which released: “Roxi Petroleum PLC (RXP.L)” on April 01, 2014, also Fool.Co.Uk published article titled: “Why Shares In Roxi Petroleum plc Dropped By 9% Today”, Fool.Co.Uk published: “Why I’d Buy Roxi Petroleum plc & Falkland Oil And Gas Limited, But Would Avoid …” on August 11, 2015. More interesting news about Roxi Petroleum plc (LON:RXP) was released by: Fool.Co.Uk and their article: “Which Oil Stock Is The Best Buy? Roxi Petroleum plc, Lgo Energy PLC, Hunting …” with publication date: April 27, 2015.

Roxi Petroleum Plc is engaged in exploration and production of crude oil in Kazakhstan. The company has a market cap of 104.57 million GBP. It has interests in approximately four exploration and production contract areas spread over three petroleum basins, including the pre-Caspian basin, the Mangyshlak basin in Western Kazakhstan and the Turgai basin in Central Kazakhstan. It currently has negative earnings. The Company’s BNG Contract Area is located in the west of Kazakhstan approximately 40 kilometers southeast of Tengiz on the edge of the Mangistau Oblast, covering an area of over 1,702 square kilometers.

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