RE: RE: lolm.. No chance re the divi29 Apr 2020 13:22
Premier Oil (LSE:PMO) is a widely traded share with which oil investors have a love-hate relationship. It has faced its fair share of troubles in recent years and has been battling an eye-watering debt pile for some time. By the end of 2019, it looked to be on track to overcome its debt with several projects to look forward to.
The current climate paints a different picture and how long it can sustain low oil prices and reduced demand Iβm not sure. I think itβs a stock worth watching, but Iβd be wary of investing in the PMO share price just now.