Citadel Advisors LLC Purchases New Position in Midstates Petroleum Co. (MPO)

Citadel Advisors LLC purchased a new stake in Midstates Petroleum Co. (NYSE:MPO) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 19,638 shares of the energy producer’s stock, valued at approximately $249,000.

Several other institutional investors and hedge funds also recently bought and sold shares of MPO. Goldman Sachs Group Inc. boosted its position in Midstates Petroleum by 7.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 317,550 shares of the energy producer’s stock worth $5,859,000 after buying an additional 23,249 shares during the period. Boston Partners acquired a new stake in Midstates Petroleum during the 2nd quarter worth approximately $1,667,000. Vanguard Group Inc. boosted its position in Midstates Petroleum by 4.8% during the 1st quarter. Vanguard Group Inc. now owns 440,612 shares of the energy producer’s stock worth $8,129,000 after buying an additional 20,300 shares during the period. Nomura Holdings Inc. acquired a new stake in Midstates Petroleum during the 1st quarter worth approximately $3,704,000. Finally, BlueCrest Capital Management Ltd acquired a new stake in Midstates Petroleum during the 1st quarter worth approximately $216,000. Institutional investors own 94.78% of the company’s stock.

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Shares of Midstates Petroleum Co. (NYSE:MPO) opened at 14.32 on Friday. The company’s 50-day moving average is $15.32 and its 200 day moving average is $15.65. Midstates Petroleum Co. has a 52-week low of $0.10 and a 52-week high of $25.00.

Midstates Petroleum (NYSE:MPO) last issued its earnings results on Tuesday, August 8th. The energy producer reported $0.53 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.57 by ($0.04). The firm had revenue of $60.68 million during the quarter. Midstates Petroleum had a return on equity of 2,904.50% and a net margin of 607.09%. Equities research analysts expect that Midstates Petroleum Co. will post $2.37 EPS for the current year.

In other Midstates Petroleum news, major shareholder Centerbridge Credit Partners, sold 300,000 shares of the company’s stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of $16.31, for a total value of $4,893,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last ninety days, insiders sold 811,700 shares of company stock valued at $13,023,569. 1.89% of the stock is owned by insiders.

Midstates Petroleum Company Profile

Midstates Petroleum Company, Inc is an independent exploration and production company. The Company operates oil and natural gas properties, and is engaged in the exploration, development and production of oil, natural gas liquids (NGLs) and natural gas. It is focused on the application of drilling and completion techniques in oil and basins in the onshore United States.

Institutional Ownership by Quarter for Midstates Petroleum (NYSE:MPO)

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