Hellenic Petroleum traded at 18.25 this Thursday October 1st, decreasing 0.38 or 2.04 percent since the previous trading session. Looking back, over the last four weeks, Hellenic Petroleum lost 15.21 percent. Over the last 12 months, its price rose by 118.82 percent. Looking ahead, we forecast Hellenic Petroleum to be priced at 16.61 by the end of this quarter and at 15.00 in one year, according to Trading Economics global macro models projections and analysts expectations.
Hellenic Petroleum SA is a Greece-based company, which operates in the energy sector predominantly in Greece, South Eastern Europe and the East Mediterranean. The Group’s activities include refining and marketing of oil products, production and marketing of petrochemical products and exploration for hydrocarbons. The Group also provides engineering services. Through its investments in DEPA and Elpedison, the Group also operates in the sector of natural gas and in the production and trading of electric power. The Company’s main business segments include: Refining, Supply and Trading; Marketing (Domestic and International); Production and Trading of Petrochemicals; Exploration and Production of Hydrocarbons, as well as Electricity Generation and Trading and Natural Gas.