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Pin to quick picksTrinity Share News (TRIN)

Share Price Information for Trinity (TRIN)

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IN BRIEF: Trinity Exploration Celebrates Trinidad Petroleum Tax Reform

Mon, 11th Jan 2021 12:08

Trinity Exploration & Production PLC - Trinidad & Tobago focused oil exploration and production company - Says supplemental petroleum tax reform in Trinidad & Tobago has now been implemented. Threshold for individual producers of fewer than 2,000 barrels of crude per day raised to USD75 a barrel to USD50. "As a result, Trinity expects to be exempt from SPT across all of its onshore licences below USD75 per barrel, which will have a significant positive impact on future cash flows," Trinity says.

Current stock price: 12.32 pence

Year-to-date change: up 2.3%

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
11 Apr 2014 09:20

Trinity Exploration & Production Average 3,978 Barrels In First-Quarter

LONDON (Alliance News) - Trinity Exploration & Production PLC Friday said its net production averaged 3,978 barrels of oil equivalent per day in the first-quarter, driven by its onshore production, as it continues to focus on completing the B-9X infill well at the Trintes field. In a statem

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11 Apr 2014 08:17

Trinity Exploration production rates slip in first quarter

Trinidad and Tobago-focused oil group Trinity said that average production rates declined slightly in its first quarter. Net production averaged 3,978 barrels of oil equivalent per day (boepd) in the first three months of the year, down from the 4,210 boepd rate registered in the fourth quarter. I

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11 Mar 2014 09:03

Tuesday broker round-up UPDATE

Aviva: RBC Capital takes target price from 400p to 550p upgrading to neutral. Nomura increases target price from 489p to 625p and reiterates a buy recommendation. Balfour Beatty: Citi raises target price from 220p to 310p maintaining a neutral rating. Goldman Sachs reduces target price from 335p to

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20 Feb 2014 09:59

Trinity Announces Positive Fourth Quarter Production Rates

LONDON (Alliance News) - Trinity Exploration & Production PLC Thursday announced its fourth quarter production rates and production outlook for 2014. The oil and gas exploration and production company with operations in Trinidad and Tobago said its net production for the three months ending

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7 Feb 2014 12:50

UK MIDDAY BRIEFING: Markets Up For A Third Day, US Jobs Data Eyed

LONDON (Alliance News) - London's equity markets are up for a third consecutive day Friday as stocks around the world continue to take back some of the losses seen in the preceding five days, but this afternoon's US non-farm payrolls data will decide whether the gains are maintained.

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7 Feb 2014 11:02

UK WINNERS & LOSERS: AstraZeneca Recovers but Shire Slides

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday. ------- FTSE 100 - WINNERS Tate & Lyle, up 2.2%. The speciality food and bulk ingredients manufacturer has jumped after JPMorgan Cazenove upgraded its r

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7 Feb 2014 08:20

UK MORNING BRIEFING: Shares Gain; AstraZeneca Is Conviction Buy

LONDON (Alliance News) - UK shares have opened higher Friday, as the market looks ahead positively to the US non-farm payrolls report later in the day.

After its results on Thursday, AstraZeneca has been named a Conviction Buy by Liberum. Meanwhile, JPMorgan has lif

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7 Feb 2014 07:55

Trinity Fails To Find Commercial Levels Of Oil, Gas At El Dorado Well

LONDON (Alliance News) - Trinity Exploration & Production PLC Friday said its El Dorado well offshore Trinidad has failed to find commercial levels of net oil and gas. The oil and gas exploration and production company with operations in Trinidad and Tobago said the well was drilled to a to

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7 Feb 2014 07:40

Trinity abandons El Dorado well

Oil and gas explorer Trinity will plug and abandon its El Dorado exploration well offshore the west coast of Trinidad. The well failed to encounter significant oil and gas after being drilled to a total depth of 6,174 feet measured depth. In aggregate of approximately 13 feet of net oil sands and

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30 Dec 2013 09:55

Trinity Exploration Acquires 100% Of Trinites Field; Set To Start Drilling

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10 Dec 2013 09:43

Tuesday broker round-up UPDATE

Amlin: Westhouse Securities moves target price from 470p to 480p and reiterates an add rating. Antofagasta: Credit Suisse reduces target price from 900p to 750p, while upgrading to neutral. UBS cuts target price from 845p to 765p retaining its neutral rating. Ashley House: WH Ireland moves target

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31 Oct 2013 14:21

Trinity Exploration Begin Drilling Operations In Trinidad

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11 Oct 2013 14:39

DIRECTOR DEALINGS: Trinity Exploration & Production Chairman Receives Shares

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24 Sep 2013 11:12

Trinity Exploration Brings Trintes Sidetrack Into Production

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19 Sep 2013 11:57

Trinity Exploration Pretax Profits Jump On Trintes Field Production

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