Genel Energy (OTCMKTS:GEGYF – Get Free Report) is expected to be posting its results before the market opens on Tuesday, August 11th. Analysts expect the company to announce earnings of ($0.06) per share and revenue of $14.00 million for the quarter.
Genel Energy Stock Performance
OTCMKTS:GEGYF remained flat at $0.72 during midday trading on Wednesday. The company’s 50 day moving average price is $0.72 and its 200 day moving average price is $0.76. Genel Energy has a fifty-two week low of $0.69 and a fifty-two week high of $1.05.
About Genel Energy
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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