(VIANEWS) – Shares of PETRONOR E&P (Oslo Børs Benchmark Index_GI: PNOR.OL) rose by a staggering 18.89% to kr8.23 at 11:38 EST on Wednesday, following the last session’s downward trend. Oslo Børs Benchmark Index_GI is jumping 0.32% to kr1,189.99, following the last session’s downward trend. This seems, as yet, a somewhat positive trend exchanging session today.
PETRONOR E&P’s last close was kr6.93, 44.43% below its 52-week high of kr12.47.
About PETRONOR E&P
PetroNor E&P ASA operates as an independent oil and gas exploration and production company in West Africa. It holds exploration and production assets in offshore West Africa countries, which includes the PNGF Sud licenses in Congo Brazzaville, the A4 license in The Gambia, the Sinapa (Block 2) and Esperança (Blocks 4A and 5A) licenses in Guinea-Bissau, the Rufisque Offshore Profond and Senegal Offshore Sud Profond in Senegal, and OML-113 in Nigeria. The company was founded in 2017 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, PETRONOR E&P has a trailing twelve months EPS of kr2.1.
PE Ratio
PETRONOR E&P has a trailing twelve months price to earnings ratio of 3.92. Meaning, the purchaser of the share is investing kr3.92 for every norwegian krone of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 39.01%.
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