Genel Energy (OTCMKTS:GEGYF – Get Free Report) will likely be posting its results before the market opens on Tuesday, August 11th. Analysts expect the company to post earnings of ($0.06) per share and revenue of $14.00 million for the quarter.
Genel Energy Stock Performance
Shares of Genel Energy stock remained flat at $0.72 during trading hours on Wednesday. The stock has a 50-day simple moving average of $0.72 and a two-hundred day simple moving average of $0.76. Genel Energy has a 1-year low of $0.69 and a 1-year high of $1.05.
Genel Energy Company Profile
Genel Energy is an independent oil and gas exploration and production company with a primary focus on the Kurdistan Region of Iraq. The company’s upstream portfolio encompasses operated and non-operated interests in producing fields and exploration licences. Its technical expertise is centered on maximizing recovery from established reservoirs and advancing near-term development projects.
Genel Energy’s principal producing assets include interests in the Taq Taq and Tawke licences, which have delivered sustained output of crude oil since the early 2010s.
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