Mason Matschke Buys 5,777 Shares of El Paso (NYSEAMERICAN:EP) Stock

El Paso Corporation (NYSEAMERICAN:EP) Director Mason Matschke bought 5,777 shares of the business’s stock in a transaction that occurred on Friday, September 11th. The stock was purchased at an average cost of $2.38 per share, for a total transaction of $13,749.26. Following the completion of the transaction, the director directly owned 442,302 shares in the company, valued at approximately $1,052,678.76. This trade represents a 1.32% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

El Paso Price Performance

Shares of El Paso stock opened at $2.50 on Thursday. The business’s fifty day moving average price is $2.76 and its 200 day moving average price is $2.83. El Paso Corporation has a twelve month low of $2.28 and a twelve month high of $4.91. The company has a current ratio of 0.42, a quick ratio of 0.37 and a debt-to-equity ratio of 1.85. The stock has a market capitalization of $104 million, a P/E ratio of -1.22 and a beta of 0.34.

El Paso (NYSEAMERICAN:EP) last released its quarterly earnings data on Friday, August 14th. The basic materials company reported ($0.06) EPS for the quarter. The firm had revenue of $9.51 million during the quarter. El Paso had a negative return on equity of 119.38% and a negative net margin of 229.58%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in El Paso stock. Susquehanna International Group LLP acquired a new position in shares of El Paso Corporation (NYSEAMERICAN:EP) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 64,693 shares of the basic materials company’s stock, valued at approximately $173,000. Susquehanna International Group LLP owned 0.16% of El Paso as of its most recent SEC filing.

El Paso Company Profile

El Paso Corporation was an energy company focused primarily on the transportation, storage and marketing of natural gas, as well as oil and natural gas exploration and production. Through its pipeline operations, the company operated and managed a large network of interstate natural gas pipelines and storage facilities serving energy markets in the United States.

The company’s exploration and production business held interests in oil and natural gas properties in several U.S. regions and international locations.