TransAtlantic Petroleum Ltd (TSE:TNP) to Release Quarterly Earnings on Wednesday
TransAtlantic Petroleum Ltd (TSE:TNP) (NYSE:TAT) will announce its earnings results after the market closes on Wednesday, August 9th. Analysts expect the company to announce earnings of ($0.03) per share for the quarter.
TransAtlantic Petroleum Ltd (TNP) remained flat at $1.31 on Thursday. 7,900 shares of the company’s stock traded hands. The company’s market cap is $61.54 million. TransAtlantic Petroleum Ltd has a 1-year low of $0.94 and a 1-year high of $2.30. The company’s 50-day moving average is $1.47 and its 200 day moving average is $1.66.
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Separately, TD Securities lowered shares of TransAtlantic Petroleum from a “speculative buy” rating to a “hold” rating and dropped their target price for the company from C$2.75 to C$2.50 in a report on Friday, May 12th.
TransAtlantic Petroleum Company Profile
TransAtlantic Petroleum Ltd. is a holding company. The Company is an international oil and natural gas company engaged in acquisition, exploration, development and production. Its segments include Turkey and Bulgaria. The Company holds interests in approximately 880,000 and 567,000 net acres of developed and undeveloped oil and natural gas properties in Turkey and Bulgaria, respectively.
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