Quantbot Technologies LP Purchases Shares of 65,677 Oil Search Limited $OISHY

Quantbot Technologies LP acquired a new position in shares of Oil Search Limited (OTCMKTS:OISHY) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 65,677 shares of the company’s stock, valued at approximately $526,000.

Other institutional investors also recently made changes to their positions in the company. Ieq Capital LLC acquired a new position in shares of Oil Search in the second quarter valued at approximately $866,000. Allworth Financial LP bought a new stake in Oil Search in the 2nd quarter valued at $34,000. Hara Capital LLC bought a new stake in Oil Search in the 2nd quarter valued at $2,690,000. Nierenberg Investment Management Company LLC acquired a new position in Oil Search in the 2nd quarter valued at $92,556,000. Finally, BlackRock Inc. acquired a new position in Oil Search in the 2nd quarter valued at $54,614,000.

Oil Search Trading Down 3.7%

OISHY 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 business’s fifty day moving average price is $14.13 and its two-hundred day moving average price is $14.13.

Oil Search Company Profile

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.