Shore Capital reaffirmed their house stock rating on shares of Savannah Petroleum (LON:SAVP) in a research note issued to investors on Friday.

Savannah Petroleum (SAVP) opened at GBX 30.11 ($0.40) on Friday. Savannah Petroleum has a 52-week low of GBX 27 ($0.36) and a 52-week high of GBX 44.25 ($0.59). The firm has a market capitalization of $72.97 and a PE ratio of -752.75.

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Savannah Petroleum Company Profile

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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