Wed Sep 25 04:36:53 UTC 2024: ## Oil Search Limited Stock Drops 3.7% on Tuesday

**Sydney, Australia – September 25, 2024** – Shares of Oil Search Limited (OTCMKTS:OISHY) fell by 3.7% on Tuesday, closing at $14.13. The stock traded as low as $14.05 during the day, with only 1,000 shares changing hands, significantly less than the average daily volume of 1,562 shares.

The decline comes after the company closed at $14.67 on Monday. Oil Search Ltd. is an oil and gas exploration company with operations in Papua New Guinea, Alaska, and a central management unit. Its PNG business unit focuses on the production and sale of liquefied natural gas, crude oil, and other refined products.

The company’s stock has been hovering around its 50-day and 200-day simple moving averages, both currently at $14.13.

**To stay updated on Oil Search Ltd. and receive daily news and analyst ratings, subscribe to MarketBeat.com’s free email newsletter.**

Read More