Chariot Oil & Gas’ (LON:CHAR) “Add” Rating Reiterated at Peel Hunt

Peel Hunt reaffirmed their add rating on shares of Chariot Oil & Gas (LON:CHAR) in a research report sent to investors on Monday, June 4th.

Separately, FinnCap increased their price target on shares of Chariot Oil & Gas from GBX 35 ($0.47) to GBX 39 ($0.52) and gave the stock a corporate rating in a research note on Tuesday, February 27th.

Chariot Oil & Gas traded down GBX 0.09 ($0.00), reaching GBX 8.36 ($0.11), during mid-day trading on Monday, according to 593,869 shares of the stock were exchanged, compared to its average volume of 2,660,000. Chariot Oil & Gas has a 1-year low of GBX 9.25 ($0.12) and a 1-year high of GBX 23.88 ($0.32).

Chariot Oil & Gas Company Profile

Chariot Oil & Gas Limited is an oil and gas exploration company. The Company has two reportable segments: exploration for oil and gas, and corporate costs. The Company has interests in approximately two licenses offshore Morocco; Rabat Deep (approximately 50% (operator), 25% Woodside, 25% Office National des Hydrocarbures et des Mines (ONHYM) (carried interest), and Mohammedia (approximately 75% Chariot (operator), 25% ONHYM (carried interest)).

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