Markets

Canadian Overseas Petroleum Getting Closer To Yr Lows

Canadian Overseas Petroleum (XOP.V) is down 1.5 cents at 40 cents and has touched a day low 38 cents compared to an existing year low 35.5 cents.

More than 10.2 million shares have changed hands, making it easily the most active on the TSXV although there is no apparent fresh news around.

The stock was trading around 45 cents early on August 26, the day it released its Q2 results.

COPL is an oil and gas exploration company focused in the UK North Sea, and the offshore West African and Brazilian Continental margins.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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