TransAtlantic Petroleum (TNP) Stock Price Up 1.2%

TransAtlantic Petroleum Ltd (TSE:TNP) (NYSE:TAT) rose 1.2% on Friday . The stock traded as high as C$1.77 and last traded at C$1.70. Approximately 14,617 shares traded hands during mid-day trading, an increase of 1% from the average daily volume of 14,505 shares. The stock had previously closed at C$1.68.

The company has a market cap of $84.54, a price-to-earnings ratio of -2.58 and a beta of 1.40.

TransAtlantic Petroleum (TSE:TNP) (NYSE:TAT) last issued its earnings results on Wednesday, November 8th. The oil and natural gas company reported C($0.11) earnings per share for the quarter. TransAtlantic Petroleum had a negative return on equity of 39.99% and a negative net margin of 34.34%.

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About TransAtlantic Petroleum

TransAtlantic Petroleum Ltd. is a holding company. The Company is an international oil and natural gas company engaged in acquisition, exploration, development and production. Its segments include Turkey and Bulgaria. The Company holds interests in approximately 880,000 and 567,000 net acres of developed and undeveloped oil and natural gas properties in Turkey and Bulgaria, respectively.

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