Insider Selling: Condor Petroleum Inc (TSE:CPI) Insider Sells 50,000 Shares of Stock

Condor Petroleum Inc (TSE:CPI) insider Robert Disbrow sold 50,000 shares of the stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of C$0.50, for a total transaction of C$25,000.00. Following the sale, the insider now directly owns 2,335,500 shares of the company’s stock, valued at approximately C$1,167,750.

Robert Disbrow also recently made the following trade(s):

  • On Thursday, July 9th, Robert Disbrow sold 74,000 shares of Condor Petroleum stock. The shares were sold at an average price of C$0.53, for a total transaction of C$39,220.00.

TSE:CPI traded up C$0.45 on Wednesday, reaching C$0.50. 50,000 shares of the stock traded hands, compared to its average volume of 24,842. The firm has a market capitalization of $21.64 million and a price-to-earnings ratio of -2.28. The company’s 50 day moving average is C$0.50 and its 200-day moving average is C$0.54. The company has a current ratio of 1.23, a quick ratio of 0.68 and a debt-to-equity ratio of 0.15. Condor Petroleum Inc has a 1-year low of C$0.11 and a 1-year high of C$0.73.

Condor Petroleum (TSE:CPI) last released its earnings results on Wednesday, May 13th. The oil and gas exploration company reported C($0.04) earnings per share for the quarter. The business had revenue of C$0.73 million for the quarter. On average, equities research analysts forecast that Condor Petroleum Inc will post -0.05 EPS for the current fiscal year.

About Condor Petroleum

Condor Petroleum Inc, through its subsidiaries, engages in the acquisition, exploration, development, and production of crude oil and natural gas properties. The company owns a 100% interest in the Zharkamys West 1 territory that covers an area of approximately 3,777 square kilometers located in the Pre-Caspian basin in the Republic of Kazakhstan.

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Insider Buying and Selling by Quarter for Condor Petroleum (TSE:CPI)

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