Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Pharos Energy ( (GB:PHAR) ) has issued an update.
Pharos Energy announced that its CEO, Katherine Roe, and CFO, Sue Rivett, have purchased additional shares in the company, reflecting their confidence in its future prospects. This move is likely to be seen positively by stakeholders, as it demonstrates the leadership’s commitment to the company’s growth and stability in the energy sector.
More about Pharos Energy
Pharos Energy plc is an independent energy company listed on the London Stock Exchange, focusing on sustainable growth and returns. The company has production, development, and exploration interests in Egypt and Vietnam. In Egypt, Pharos holds a 45% working interest in the El Fayum and North Beni Suef concessions, while in Vietnam, it has interests in Blocks 16-1 and 9-2 in the Cuu Long Basin and Blocks 125 & 126 in the Phu Khanh Basin.
YTD Price Performance: 3.00%
Average Trading Volume: 6,153
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $130M
For a thorough assessment of PHAR stock, go to TipRanks’ Stock Analysis page.