Quantitative Investment Management LLC acquired a new position in Equal Energy Ltd. (NYSE:ENT) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 227,800 shares of the oil and gas exploration company’s stock, valued at approximately $810,000. Quantitative Investment Management LLC owned approximately 0.27% of Equal Energy as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in ENT. Emancipation Management LLC boosted its holdings in Equal Energy by 103.2% during the second quarter. Emancipation Management LLC now owns 296,486 shares of the oil and gas exploration company’s stock worth $1,055,000 after purchasing an additional 150,584 shares during the last quarter. Teachers Advisors LLC grew its position in Equal Energy by 23.6% in the second quarter. Teachers Advisors LLC now owns 93,444 shares of the oil and gas exploration company’s stock valued at $333,000 after purchasing an additional 17,834 shares in the last quarter. Airain ltd grew its position in Equal Energy by 79.7% in the second quarter. Airain ltd now owns 34,185 shares of the oil and gas exploration company’s stock valued at $122,000 after purchasing an additional 15,161 shares in the last quarter. Frontier Capital Management Co. LLC grew its position in Equal Energy by 4.9% in the second quarter. Frontier Capital Management Co. LLC now owns 8,050,923 shares of the oil and gas exploration company’s stock valued at $28,661,000 after purchasing an additional 378,222 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its position in Equal Energy by 16.3% in the second quarter. Bank of New York Mellon Corp now owns 254,059 shares of the oil and gas exploration company’s stock valued at $904,000 after purchasing an additional 35,604 shares in the last quarter.

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ENT has been the topic of several recent research reports. BidaskClub upgraded shares of Equal Energy from a “sell” rating to a “hold” rating in a research note on Tuesday, September 26th. Zacks Investment Research raised shares of Equal Energy from a “sell” rating to a “hold” rating in a research report on Tuesday, August 1st. Needham & Company LLC restated a “hold” rating on shares of Equal Energy in a research note on Tuesday, September 19th. Finally, Northland Securities restated a “buy” rating on shares of Equal Energy in a research note on Tuesday, August 29th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the stock. Equal Energy presently has an average rating of “Hold” and a consensus target price of $8.65.

Shares of Equal Energy Ltd. (NYSE ENT) opened at 3.42 on Monday. The stock’s 50 day moving average price is $2.94 and its 200-day moving average price is $3.19. The company’s market cap is $291.76 million. Equal Energy Ltd. has a 52 week low of $2.38 and a 52 week high of $9.73.

Equal Energy Profile

Equal Energy Ltd. (Equal) is an exploration and production of oil and gas company. Equal’s oil and gas properties are located in Oklahoma. Equal Energy has an indirect, wholly-owned subsidiary, EEUSHI. EEUSHI holds all of Equal’s Oklahoma oil and gas properties and associated assets through its wholly owned subsidiary, Equal Energy US Inc The Company also reviews new drilling opportunities and potential acquisitions in Oklahoma to supplement its exploration and development activities.

Institutional Ownership by Quarter for Equal Energy (NYSE:ENT)

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