▼ -100.00% Downside Potential
This price target is based on 4 analysts offering 12 month price targets for Oil Search in the last 3 months. The average price target is $0.00, with a high forecast of $0.00 and a low forecast of $10,000,000.00. The average price target represents a -100.00% upside from the last price of $13.22.
The current consensus among 4 contributing investment analysts is to buy stock in Oil Search.
Oil Search Limited explores for, develops, and produces oil and gas properties in Papua New Guinea, the United States, and Australia. The company operates through PNG Business Unit and Alaska Business Unit segments. It is involved in the development, production, and sale of hydrocarbons, liquefied natural gas, crude oil, natural gas, condensate, naphtha, and other refined products; and power generation activities. As of December 31, 2019, the company's proved and probable reserves, and contingent resources comprised 497.0 million barrels of oil and condensate; and 6,737.0 billion cubic feet of gas. Oil Search Limited was founded in 1929 and is based in Port Moresby, Papua New Guinea.