The stock of Oil Search Limited (ASX:OSH) is a huge mover today! The stock increased 1.18% or $0.08 on November 18, hitting $6.87. About 4.64M shares traded hands or 4.50% up from the average. Oil Search Limited (ASX:OSH) has declined 1.15% since April 22, 2016 and is downtrending. It has underperformed by 5.58% the S&P500.
The move comes after 8 months positive chart setup for the $11.05 billion company. It was reported on Nov, 18 by Barchart.com. We have $10.44 PT which if reached, will make ASX:OSH worth $5.75 billion more.
More notable recent Oil Search Limited (ASX:OSH) news were published by: Bloomberg.com which released: “Woodside Abandons $8 Billion Takeover Bid for Oil Search” on December 07, 2015, also Fool.com.Au with their article: “Is it time to buy Oil Search Limited shares?” published on September 29, 2016, Forbes.com published: “Who Will Acquire InterOil, ExxonMobil Or Oil Search?” on July 18, 2016. More interesting news about Oil Search Limited (ASX:OSH) were released by: Reuters.com and their article: “Oil Search boosts LNG push in PNG with $2.2 billion InterOil bid” published on May 19, 2016 as well as Fool.com.Au‘s news article titled: “Why I’m avoiding Oil Search Limited shares” with publication date: October 09, 2016.
Oil Search Limited is engaged in the exploration, development and production of gas and oil fields. The company has a market cap of $11.05 billion. The Firm holds interest in the PNG LNG Project, a liquefied natural gas development project. It currently has negative earnings. It holds interest in Papua LNG Project.
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