|Day's range||0.00 - 0.00|
|PE ratio (TTM)||-8.45|
|Dividend & yield||N/A (N/A)|
|1y target est||N/A|
Royston Wild reveals a Footsie star with much stronger investment prospects than Ophir Energy (LON: OPHR).
British oil and gas explorer Ophir Energy's Chief Operating Officer William Higgs will step down as the company reduces costs by cutting staff positions at its London headquarters, the company said on Friday. Energy companies have cut costs over the past few years due to a fall in oil prices. Ophir has faced further challenges in launching its Fortuna project in Equatorial Guinea - Africa's first deepwater floating liquefaction facility.
DAR ES SALAAM/NAIROBI, June 30 (Reuters) - Tanzania's parliament should pass legislation next week that would allow it to force mining and energy companies to renegotiate their contracts, the justice minister said on Friday. "Yes, we expect parliament to pass the three bills next week," Tanzania's Justice and Constitutional Affairs Minister, Palamagamba Kabudi, told Reuters. Magufuli took office in 2015 vowing to stamp out corruption.