January was a tough month for investors in Asia and Africa-focused gas and oil explorer Ophir Energy Plc (LSE: OPHR), but it was a tough month for pretty much every energy stock, as fears of a Chinese hard landing intensified.
In 2012, Tullow Oil (LSE: TLW) recorded a pre-tax profit of over $1.1bn. However, in the last two years it has made combined losses of over $3.3bn, which shows just how challenging the oil and gas industry has become.
Ophir Energy (LSE: OPHR) - an upstream oil and gas exploration company - this morning announced that agreement has been reached for the acquisition of the South East Asia-focused independent exploration and production company Salamander ...
Ophir Energy Plc logo Ophir Energy Plc (LON:OPHR) had its price objective decreased by equities researchers at Barclays PLC from GBX 125 ($1.60) to GBX 110 ($1.41) in a research report issued to clients and investors on Tuesday.