Genel Energy plc (OTCMKTS:GEGYF – Get Free Report) was the recipient of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 350 shares, a decrease of 98.5% from the August 31st total of 22,620 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ? days.
Genel Energy Stock Performance
OTCMKTS:GEGYF opened at $0.98 on Friday. The company’s 50-day simple moving average is $0.87 and its 200-day simple moving average is $0.78. Genel Energy has a fifty-two week low of $0.69 and a fifty-two week high of $1.05.
About Genel Energy
Genel Energy plc is an independent oil and gas company focused on the exploration, development and production of hydrocarbons. The company’s activities are centered primarily in the Kurdistan Region of Iraq, where it holds interests in producing and development-stage oil assets.
Genel Energy has historically held interests in the Tawke and Taq Taq oil fields. Tawke is operated by DNO, while Taq Taq is operated through a joint venture structure. The company’s portfolio has also included exploration and appraisal opportunities in the Kurdistan Region and other frontier geographies, including Somaliland.
The company was formed in 2011 through the combination of Vallares plc and Genel Enerji, a Turkish oil company with significant assets in the Kurdistan Region.
Read More
- Five stocks we like better than Genel Energy
- Super Micro’s Vera Rubin Shipments Put Its AI Infrastructure Advantage to the Test
- Cintas Raises Guidance as a Major Catalyst Moves Closer
- 3 Space Stocks to Watch as SpaceX Reshapes the Launch Market
- Dave’s Success Has Investors Split
Receive News & Ratings for Genel Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Genel Energy and related companies with MarketBeat.com's FREE daily email newsletter.
