El Paso Corporation (NYSEAMERICAN:EP - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $2.84 and traded as high as $2.94. El Paso shares last traded at $2.86, with a volume of 50,746 shares.
El Paso Trading Up 3.6%
The company has a debt-to-equity ratio of 3.77, a current ratio of 0.59 and a quick ratio of 0.54. The company has a market capitalization of $113.77 million, a P/E ratio of -1.40 and a beta of 0.30. The firm has a fifty day moving average price of $2.68 and a 200-day moving average price of $2.84.
El Paso (NYSEAMERICAN:EP - Get Free Report) last posted its quarterly earnings data on Friday, August 14th. The basic materials company reported ($0.06) earnings per share for the quarter. The business had revenue of $9.51 million during the quarter. El Paso had a negative return on equity of 77.50% and a negative net margin of 245.83%.
Hedge Funds Weigh In On El Paso
Several institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. purchased a new stake in El Paso during the second quarter worth about $568,000. Wellington Management Group LLP boosted its stake in El Paso by 69.7% in the fourth quarter. Wellington Management Group LLP now owns 50,707 shares of the basic materials company's stock valued at $154,000 after acquiring an additional 20,827 shares during the last quarter. Deutsche Bank AG grew its position in shares of El Paso by 138.3% during the 4th quarter. Deutsche Bank AG now owns 27,271 shares of the basic materials company's stock valued at $83,000 after acquiring an additional 15,828 shares during the period. Verdence Capital Advisors LLC grew its position in shares of El Paso by 9.5% during the 4th quarter. Verdence Capital Advisors LLC now owns 53,830 shares of the basic materials company's stock valued at $164,000 after acquiring an additional 4,650 shares during the period. Finally, Citadel Advisors LLC purchased a new stake in shares of El Paso during the 3rd quarter worth approximately $93,000.
El Paso Company Profile
(
Get Free Report)
Empire Petroleum Corporation engages in the exploration and development of oil and gas interests in Louisiana, New Mexico, North Dakota, Montana, and Texas. The company was formerly known as Americomm Resources Corporation and changed its name to Empire Petroleum Corporation in August 2001. Empire Petroleum Corporation was incorporated in 1983 and is headquartered in Tulsa, Oklahoma.
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