El Paso (NYSEAMERICAN:EP – Get Free Report) released its quarterly earnings data on Friday. The basic materials company reported ($0.05) EPS for the quarter, FiscalAI reports. The firm had revenue of $9.51 million during the quarter. El Paso had a negative return on equity of 77.50% and a negative net margin of 245.83%.
El Paso Stock Down 0.7%
Shares of EP stock traded down $0.02 on Friday, hitting $2.78. The company’s stock had a trading volume of 29,164 shares, compared to its average volume of 79,945. The stock has a market capitalization of $110.59 million, a price-to-earnings ratio of -1.29 and a beta of 0.30. El Paso has a fifty-two week low of $2.41 and a fifty-two week high of $5.60. The firm’s fifty day moving average price is $2.68 and its 200-day moving average price is $2.84. The company has a debt-to-equity ratio of 3.77, a current ratio of 0.59 and a quick ratio of 0.54.
Hedge Funds Weigh In On El Paso
Institutional investors have recently bought and sold shares of the stock. Tower Research Capital LLC TRC raised its stake in shares of El Paso by 325.9% in the 2nd quarter. Tower Research Capital LLC TRC now owns 7,696 shares of the basic materials company’s stock valued at $41,000 after acquiring an additional 5,889 shares in the last quarter. Jane Street Group LLC acquired a new stake in El Paso in the 2nd quarter worth approximately $76,000. Deutsche Bank AG boosted its position in El Paso by 138.3% during the fourth quarter. Deutsche Bank AG now owns 27,271 shares of the basic materials company’s stock worth $83,000 after purchasing an additional 15,828 shares during the period. Citadel Advisors LLC bought a new stake in El Paso during the third quarter worth approximately $93,000. Finally, Wellington Management Group LLP grew its holdings in El Paso by 69.7% during the fourth quarter. Wellington Management Group LLP now owns 50,707 shares of the basic materials company’s stock valued at $154,000 after purchasing an additional 20,827 shares during the last quarter.
El Paso Company Profile
Empire Petroleum Corporation engages in the exploration and development of oil and gas interests in Louisiana, New Mexico, North Dakota, Montana, and Texas. The company was formerly known as Americomm Resources Corporation and changed its name to Empire Petroleum Corporation in August 2001. Empire Petroleum Corporation was incorporated in 1983 and is headquartered in Tulsa, Oklahoma.
Featured Stories
- Five stocks we like better than El Paso
- Sony and TSMC’s $4.7 Billion Venture Is About More Than Camera Sensors
- Quantum Leaps: Debt-Free as AI Storage Demand Accelerates
- NVIDIA’s $500 Billion GPU Financing Deal Fuels Path Toward $270
- Sandisk’s Margins Look Like Software. Can They Last?
Receive News & Ratings for El Paso Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for El Paso and related companies with MarketBeat.com's FREE daily email newsletter.
