Andrew Donald Bartlett Acquires 5,554 Shares of Energean plc (LON:ENOG) Stock

Energean plc (LON:ENOG) insider Andrew Donald Bartlett acquired 5,554 shares of the business’s stock in a transaction on Tuesday, July 30th. The shares were bought at an average price of GBX 998 ($12.84) per share, for a total transaction of £55,428.92 ($71,300.39).

Energean Stock Up 1.1 %

Shares of ENOG traded up GBX 10.50 ($0.14) during trading hours on Wednesday, reaching GBX 999 ($12.85). The company’s stock had a trading volume of 642,678 shares, compared to its average volume of 399,550. The firm has a market cap of £1.83 billion, a price-to-earnings ratio of 950.48 and a beta of 0.80. Energean plc has a 1-year low of GBX 807.50 ($10.39) and a 1-year high of GBX 1,233 ($15.86). The company has a quick ratio of 1.42, a current ratio of 0.95 and a debt-to-equity ratio of 478.97. The company has a 50 day moving average of GBX 1,060.70 and a two-hundred day moving average of GBX 1,045.47.

Energean Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 6th were issued a $0.30 dividend. The ex-dividend date of this dividend was Thursday, June 6th. This represents a dividend yield of 2.08%. Energean’s dividend payout ratio is 9,038.46%.

Analysts Set New Price Targets

Separately, Berenberg Bank boosted their price objective on Energean from GBX 1,425 ($18.33) to GBX 1,565 ($20.13) and gave the stock a “neutral” rating in a report on Thursday, May 23rd.

Energean Company Profile

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.