Energean plc (LON:ENOG) Insider Purchases £55,428.92 in Stock

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

Energean Trading Down 3.2 %

ENOG opened at GBX 937.50 ($12.06) on Friday. 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 current ratio of 0.95, a quick ratio of 1.42 and a debt-to-equity ratio of 478.97. The company has a market cap of £1.72 billion, a P/E ratio of 901.44 and a beta of 0.80. The company has a fifty day moving average price of GBX 1,049.74 and a two-hundred day moving average price of GBX 1,044.49.

Energean Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 6th were paid a $0.30 dividend. This represents a yield of 2.08%. The ex-dividend date was Thursday, June 6th. Energean’s dividend payout ratio (DPR) is currently 9,038.46%.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank lifted their price target on shares of Energean from GBX 1,425 ($18.33) to GBX 1,565 ($20.13) and gave the company a “neutral” rating in a research note on Thursday, May 23rd.

About Energean

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.