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Premier Oil

A trading opportunity for you?

Will Premier Oil continue falling, or will it rise again back to April’s high of 109p?

  • Premier Oil shares have fallen as low as -17.6% from April’s highs.
  • Currently trading at 92.1p (at time of writing).
  • Apr 16: Premier Oil Zama Field Could Beat Expectations: Berenberg — Market Talk
  • Shares -15.1% from 2019 highs; +54% from 2019 lows; +40.5% year-to-date.
  • Can the stock recover to recent 109p highs?
  • Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal

Click to enlarge

Trading Premier Oil – An Example

Let’s say you feel that the stock is a bargain and you think it could bounce back to recent highs of 109p. You decide to buy exposure to £10,000 worth of Premier Oil using a CFD, at the current price of 92.1p. To do this, you need £2,000.

Let’s assume Premier Oil recovers back to recent high of 109p (+18.3%). Your profit would be £1830, from your initial investment of £2000.

Conversely, let’s assume you open the above position, and place a stop-loss at 5% from the current price. Premier Oil falls 5% and hits your stop-loss. Your loss would be £500.

This is provided for information purposes only. It should not be taken as a recommendation.

This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.


Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance.

Prepared by Michael van Dulken, Head of Research
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
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