Fieldpoint Petroleum Co. (FPP) Major Shareholder Sells $11,000.00 in Stock
Fieldpoint Petroleum Co. (NYSEMKT:FPP) major shareholder Of Rayford Darell Reave Estate sold 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 16th. The stock was sold at an average price of $0.55, for a total transaction of $11,000.00. Following the sale, the insider now directly owns 2,412,699 shares of the company’s stock, valued at approximately $1,326,984.45. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.
Of Rayford Darell Reave Estate also recently made the following trade(s):
- On Monday, February 6th, Of Rayford Darell Reave Estate sold 25,000 shares of Fieldpoint Petroleum stock. The stock was sold at an average price of $0.59, for a total transaction of $14,750.00.
- On Thursday, February 2nd, Of Rayford Darell Reave Estate sold 15,000 shares of Fieldpoint Petroleum stock. The stock was sold at an average price of $0.62, for a total transaction of $9,300.00.
Shares of Fieldpoint Petroleum Co. (NYSEMKT:FPP) opened at 0.531 on Friday. Fieldpoint Petroleum Co. has a 12-month low of $0.29 and a 12-month high of $1.18. The firm’s market cap is $5.20 million. The stock’s 50 day moving average is $0.69 and its 200 day moving average is $0.66.
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Fieldpoint Petroleum Company Profile
FieldPoint Petroleum Corporation is engaged in the acquisition, operation and development of oil and natural gas properties, which are located in Louisiana, New Mexico, Oklahoma, South Central Texas and Wyoming. The Company’s principal oil and natural gas properties include Block A-49, Spraberry Trend, Giddings Field and Serbin Field in Texas; Flying M Field, Sulimar Field, North Bilbrey Field, Lusk Field and Loving North Morrow Field in New Mexico; Apache Field, Chickasha Field and West Allen Field in Oklahoma; Longwood Field in Louisiana, and Big Muddy Field in Wyoming.
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