HELLENiQ ENERGY (HLPMF) to Release Quarterly Earnings on Thursday

HELLENiQ ENERGY (OTCMKTS:HLPMF) is expected to announce its resultson Thursday, May 14th. Analysts expect the company to announce earnings of $0.3928 per share and revenue of $3.0944 billion for the quarter.

HELLENiQ ENERGY Price Performance

HLPMF stock opened at $11.40 on Tuesday. The business has a 50-day simple moving average of $11.05 and a 200 day simple moving average of $10.18. HELLENiQ ENERGY has a 52 week low of $9.75 and a 52 week high of $11.76.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group downgraded shares of HELLENiQ ENERGY to a “sell” rating in a research report on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, HELLENiQ ENERGY currently has a consensus rating of “Sell”.

About HELLENiQ ENERGY

HELLENiQ ENERGY Public Limited Company, formerly known as Hellenic Petroleum, is a leading integrated energy group in Southeast Europe. The company’s core activities span crude oil refining, supply, trading, petrochemicals and energy production. With operations rooted in Greece, HELLENiQ ENERGY serves both domestic and regional markets through a network of refineries, import terminals and marketing subsidiaries.

The refining segment comprises three major facilities located in Elefsina, Thessaloniki and Aspropyrgos, which together process crude oil into a wide range of petroleum products, including gasoline, diesel, jet fuel and bitumen.