Report
Jessica Saadat
EUR 57.00 For Business Accounts Only

Trinity E&P* (TRIN LN, BUY, T/P 33p) - Making good progress

Trinity E&P has put out its Q3 operational update this morning. Production levels are continuing to increase, with an average rate of 2.754kbopd in October, and an average rate of 2.506kbopd for the 3-month period ended 30th September, a 7.4% increase qoq. At the end of September, cash was a healthy $12.3m. Trinity also provided an update on its hedging programme, where it has taken advantage of strong oil prices to further hedge its 2018 oil price exposure.

*Whitman Howard acts as equity adviser to Trinity E&P
Provider
Whitman Howard
Whitman Howard

Whitman Howard is an independent institutional stockbroking and investment banking business focused on servicing the needs of our corporate clients and institutional investor base.

The company began trading in 2011 with a team of highly experienced market professionals and the goal of building a leading capital markets business in an entrepreneurial environment.

Analysts
Jessica Saadat

Other Reports from Whitman Howard

ResearchPool Subscriptions

Get the most out of your insights

Get in touch