Deutsche Bank AG Makes New Investment in Oil Search Limited $OISHY

Deutsche Bank AG purchased a new stake in shares of Oil Search Limited (OTCMKTS:OISHY) in the second quarter, according to its most recent filing with the SEC. The firm purchased 309,870 shares of the company’s stock, valued at approximately $2,482,000.

Several other institutional investors have also modified their holdings of the company. State of Wyoming acquired a new stake in shares of Oil Search in the 2nd quarter worth approximately $433,000. GSA Capital Partners LLP acquired a new position in Oil Search during the second quarter worth $249,000. Finally, One Wealth Advisors LLC purchased a new stake in Oil Search during the second quarter worth $122,000.

Oil Search Price Performance

Oil Search stock opened at $14.13 on Friday. Oil Search Limited has a fifty-two week low of $13.00 and a fifty-two week high of $17.51. The stock’s fifty day moving average is $14.13 and its two-hundred day moving average is $14.13.

About Oil Search

Oil Search Limited is an independent oil and gas exploration and production company focused primarily on Papua New Guinea. The company acquires, explores and develops petroleum resources and holds a diversified portfolio of exploration licenses and production assets. Its activities encompass upstream operations, including seismic surveying, well drilling and field development, as well as midstream responsibilities such as gas processing and transport to domestic and export markets.

A cornerstone of Oil Search’s portfolio is its equity interest in the Papua New Guinea Liquefied Natural Gas (PNG LNG) Project, a long-term liquefaction and export venture operated by a consortium of international partners.