|Bid||56.50 x 2221100|
|Ask||68.00 x 472400|
|Day's Range||61.05 - 64.50|
|52 Week Range||47.89 - 99.50|
|PE Ratio (TTM)||2.70|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
Following years of deliberation, Mexico has opened up its oil reserves to foreign interests and a private well has been drilled for the first time in 80 years
For the first time in almost 80 years, a private company has sunk a new offshore oil well in Mexican waters -- the latest step in the country’s drive to allow foreign competitors back into its energy markets....
Premier Oil, which has struggled to contain its $2.8 billion debt pile, says it expects to slash debt significantly in 2018 with planned asset disposals this year and lower capital spending.