16 Nov. Roxi Petroleum (LON:RXP) Analyst Target Changes

Kazakhstan-focused Oilfield Developer Caspian Sunrise May Have Discovered Third Shallow Oil Structure

A number of investment brokers have recently updated their price targets on shares of Roxi Petroleum (LON:RXP). According to the latest broker reports outstanding on Wednesday 16th of November, 1 analyst has a rating of “strong buy”, 0 analysts “buy”, 0 analysts “neutral”, 0 analysts “sell” and 0 analysts “strong sell”.

Recently released broker ratings:

27/01/2016 – Roxi Petroleum had its “Buy” rating reiterated by analysts at WH Ireland. They now have a GBP 28.00p price target on the stock.

03/12/2015 – Roxi Petroleum had its “Buy” rating reiterated by analysts at WH Ireland. They now have a GBP 28.00p price target on the stock.

The share price of Roxi Petroleum (LON:RXP) was up +1.12% during the last session with a day high of 11.35. 52632 shares were traded during the last trading session.

The stock’s 50 day moving average is 10.11 and its 200 day moving average is 10.02. The stock’s market capitalization is 105.46M. Roxi Petroleum has a 52-week low of 5.58 and a 52-week high of 13.50.

Roxi Petroleum Plc is engaged in exploration and production of crude oil in Kazakhstan. 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. Its 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. The BNG Contract Area has both shallow and deep prospects, including Deep Well A5, Deep Well 801, Deep Well A6, Well 805, Well 54, Well 806, Well 807 and Well 143. Its other assets include Munaily and Beibars. The Munaily field is located in the Atyrau Oblast approximately 70 kilometers southeast of the town of Kulsary. It holds interest in Beibars Munai LLP, which operates over 167 square kilometers Beibars Contract Area on the Caspian shoreline south of the city of Aktau.
Share