Savannah Petroleum (SAVP) Stock Rating Reaffirmed by Shore Capital

Savannah Petroleum (LON:SAVP)‘s stock had its “house stock” rating restated by investment analysts at Shore Capital in a note issued to investors on Friday.

Shares of Savannah Petroleum (SAVP) opened at GBX 30.11 ($0.41) on Friday. Savannah Petroleum has a 12-month low of GBX 25.20 ($0.34) and a 12-month high of GBX 44.25 ($0.60). The company has a market capitalization of $82.62 and a P/E ratio of -752.75.

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About Savannah Petroleum

Savannah Petroleum PLC is a United Kingdom-based oil and gas company. The Company’s principal activity is the management of its investment in Savannah Petroleum 1 Limited (SP1). SP1 is a subsidiary of the Company. SP1 is engaged in the management of its investment in Savannah Petroleum 2 Limited (SP2) and the provision of services to other companies within the Company.

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