Energean plc (LON:ENOG – Get Free Report)’s stock price fell 0.5% during mid-day trading on Thursday . The company traded as low as GBX 1,056 ($13.04) and last traded at GBX 1,079 ($13.33). 337,015 shares were traded during trading, a decline of 1% from the average session volume of 339,886 shares. The stock had previously closed at GBX 1,084 ($13.39).
Analysts Set New Price Targets
Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 1,425 ($17.60) price objective on shares of Energean in a research note on Thursday, March 21st.
Read Our Latest Research Report on Energean
Energean Stock Performance
Energean Announces Dividend
The business also recently disclosed a dividend, which was paid on Friday, March 29th. Stockholders of record on Thursday, March 7th were paid a $0.30 dividend. This represents a dividend yield of 2.48%. The ex-dividend date of this dividend was Thursday, March 7th. Energean’s dividend payout ratio (DPR) is currently -66,428.57%.
Insider Transactions at Energean
In other news, insider Matthaios Rigas sold 2,383 shares of the firm’s stock in a transaction dated Tuesday, April 2nd. The stock was sold at an average price of GBX 1,065 ($13.15), for a total value of £25,378.95 ($31,347.52). Corporate insiders own 26.08% of the company’s stock.
About Energean
Energean plc engages in the exploration, development, and production of oil and gas. It operates through four segments: Europe, Israel, Egypt, and New Ventures. The company holds interests in the Eastern Mediterranean. Its flagship project is the Karish project located in Israel. It also provides financing services; and holds a gas transportation license.
Featured Articles
- Five stocks we like better than Energean
- Insider Trades May Not Tell You What You Think
- MarketBeat Week in Review – 4/22 – 4/26
- What is an Earnings Surprise?
- 3 Stocks Leading the U.S. Agriculture Comeback
- What is the Hang Seng index?
- How to Use Put Debit Spreads to Profit From Falling Stocks
Receive News & Ratings for Energean Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energean and related companies with MarketBeat.com's FREE daily email newsletter.