Are Analysts Bearish Oryx Petroleum Corporation Limited (TSE:OXC) After Last Week?

February 15, 2018 - By Nellie Frank

 Are Analysts Bearish Oryx Petroleum Corporation Limited (TSE:OXC) After Last Week?

Oryx Petroleum Corporation Limited (TSE:OXC) Ratings Coverage

Among 5 analysts covering Oryx Petroleum Corp (TSE:OXC), 0 have Buy rating, 1 Sell and 4 Hold. Therefore 0 are positive. Oryx Petroleum Corp had 21 analyst reports since July 28, 2015 according to SRatingsIntel. GMP Securities downgraded the shares of OXC in report on Friday, November 11 to “Hold” rating. The rating was maintained by TD Securities with “Speculative Buy” on Monday, August 10. FirstEnergy Capital maintained Oryx Petroleum Corporation Limited (TSE:OXC) on Monday, August 10 with “Outperform” rating. Canaccord Genuity maintained Oryx Petroleum Corporation Limited (TSE:OXC) on Tuesday, August 11 with “Speculative Buy” rating. The stock of Oryx Petroleum Corporation Limited (TSE:OXC) earned “Speculative Buy” rating by Canaccord Genuity on Tuesday, August 4. TD Securities maintained Oryx Petroleum Corporation Limited (TSE:OXC) on Thursday, January 12 with “Hold” rating. Canaccord Genuity downgraded the shares of OXC in report on Friday, November 13 to “Hold” rating. Dundee Securities downgraded the shares of OXC in report on Tuesday, January 12 to “Sell” rating. The rating was maintained by TD Securities with “Hold” on Friday, March 17. Below is a list of Oryx Petroleum Corporation Limited (TSE:OXC) latest ratings and price target changes.

The stock decreased 5.56% or $0.01 during the last trading session, reaching $0.17. About 88,000 shares traded or 403.20% up from the average. Oryx Petroleum Corporation Limited (TSE:OXC) has 0.00% since February 15, 2017 and is . It has underperformed by 16.70% the S&P500.

Oryx Petroleum Corporation Limited acquires, explores, develops, and produces oil from gas and oil assets in West Africa and the Middle East. The company has market cap of $77.87 million. It has interests in six license areas, including one license area located in the Kurdistan Region of Iraq; and five license areas located in West Africa in Nigeria, the AGC administrative area offshore Senegal and Guinea Bissau, and Congo. It currently has negative earnings. The firm also engages in mining bitumen, as well as provides administrative/technical services.

More notable recent Oryx Petroleum Corporation Limited (TSE:OXC) news were published by: Marketwired.com which released: “The Addax and Oryx Group Grants a US$100 Million Loan to Oryx Petroleum and …” on March 11, 2015, also Seekingalpha.com with their article: “Oryx Petroleum: Expect A Break-Out In 2015 On Strength Of Prolific Demir Dagh …” published on November 15, 2014, Investingnews.com published: “Oryx Petroleum Announces Year End 2017 Reserves and Resources” on February 15, 2018. More interesting news about Oryx Petroleum Corporation Limited (TSE:OXC) were released by: Prnewswire.com and their article: “Oryx Petroleum Announces Successful Oil Discovery at Zey Gawra in the …” published on December 04, 2013 as well as Seekingalpha.com‘s news article titled: “Oryx Petroleum: The Addax Guys Look To Repeat Earlier Success In Kurdistan …” with publication date: May 28, 2014.

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