Revenue Update on TransAtlantic Petroleum Ltd(NYSEMKT:TAT)

TransAtlantic Petroleum Ltd(NYSEMKT:TAT) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during After-Market on Mar 22, 2017. Based on the corporate Earnings and Guidance, many Investment Banking firms balance their portfolio to Sell and Buy Stocks based on their strategy of investing in stocks.Earnings per share were $-0.12.

TransAtlantic Petroleum Ltd (TAT) remained unchanged at the close of Friday session. Even as the volume increased to 79,931 ,the shares failed to make any impression and ended at 0 points or 0.00% at $1.12. The trading session commenced at $1.05 and the stock hit a high of $1.14 and touched $1.05 at the lower end. Considering that the stock pared all of the losses, it can be said as a positive sign. The share price has a 52-week high of $1.52 and the 52-week low is $0.6001. The company has a market cap of $53 M and has approximately 4,73,12,231 outstanding shares.

Several Insider Transactions has been reported to the SEC. On Jul 5, 2016, Noah Malone Iii Mitchell (CEO) purchased 1,068,836 shares at $0.66 per share price.

TransAtlantic Petroleum Ltd. is an international oil and natural gas company engaged in acquisition exploration development and production. The Company has operations in Turkey Bulgaria and Albania. As of December 31 2014 it held interests in approximately 1.8 million net acres of developed and undeveloped oil and natural gas properties in Turkey Albania and Bulgaria. Its three geographic segments include Turkey Bulgaria and Albania. The Turkey segment includes holding interests in 19 onshore and offshore exploration licenses and 20 onshore production leases covering a total of 1.8 million gross acres (1.1 million net acres). The Bulgaria segment includes holding interests in one onshore exploration concession and one onshore production concession covering a total of 567000 acres in Bulgaria. The Albania segment includes owning 100% of the interests in three onshore oil fields and one gas concession consisting of one onshore gas field and one exploration license.

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