Genel Energy (GENL) Trading Up 2.6%

Genel Energy PLC (LON:GENL) shares traded up 2.6% during trading on Thursday . The stock traded as high as GBX 194.60 ($2.54) and last traded at GBX 193 ($2.52). 83,241 shares changed hands during mid-day trading, a decline of 81% from the average session volume of 439,099 shares. The stock had previously closed at GBX 188.20 ($2.46).

Separately, JPMorgan Chase & Co. reissued an “overweight” rating on shares of Genel Energy in a research report on Wednesday, January 16th.

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About Genel Energy (LON:GENL)

Genel Energy plc engages in the oil and gas exploration and production activities. It operates through three segments: Oil producing Assets, Miran and Bina Bawi Assets, and Exploration Assets. The company holds interests in the Taq Taq and Tawke oil producing fields, as well as Miran and Bina Bawi gas assets in the Kurdistan Region of Iraq; and exploration assets in Somaliland and Morocco.

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