UK Oil & Gas (UKOG.L): Is It Worth Investing Now?

In 2021, UK Oil & Gas company is doing better than in 2020. Starting from April, the share prices significantly grew from 0.1180 GBP to 0.3500 GBP. After this success, the share price decreased but it is still better than it was in 2020. On the 19th of July, it opened at 0.1800 GBP and closed at 0.1734 GBP, decreasing by 2.31% from the previous close. The average volume exceeds the total volume by 63 million GBP. The EPS is -0.2000.

UK Oil & Gas PLC is a United Kingdom-based oil and gas exploration and production business. In the Weald and Purbeck-Wight basins of Southern England, the business has direct and indirect interests in a portfolio of six UK onshore exploration, appraisal, development, and production assets. Its assets encompass about 689 gross square kilometres (km2) of land.

The company also has a 50% stake in a portfolio that includes the Resan oil appraisal and exploration license, which covers 305 km2 in southeast Turkey. UK Oil & Gas PLC was founded in 2004 and is headquartered in London, England.

Lora Nilsson

Finance and Business reporter After graduating high school. Lora decided to travel and blog as a part-timer. Today she enjoys what she loves and works remotely as our finance and business reporter

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