Falcon Oil & Gas (CVE:FO) Insider Lp Sheffield Holdings Sells 2,000,000 Shares

Key Points

• Lp Sheffield Holdings, an insider at Falcon Oil & Gas, sold a total of 2,000,000 shares for C$380,000 on September 30th, indicating a 1.72% decrease in their position.
• The company's stock has experienced a 2.4% decline, trading at C$0.20 following the insider's transactions, with a market capitalization of C$221.83 million.
• Falcon Oil & Gas engages in the exploration and development of unconventional oil and gas assets across Australia, South Africa, and Hungary, holding interests in approximately 1 million net acres in the Beetaloo Sub-basin, Northern Territory, Australia.

Falcon Oil & Gas Ltd. (CVE:FO - Get Free Report) insider Lp Sheffield Holdings sold 2,000,000 shares of the company's stock in a transaction dated Tuesday, September 30th. The stock was sold at an average price of C$0.19, for a total value of C$380,000.00. Following the completion of the sale, the insider owned 114,386,398 shares of the company's stock, valued at approximately C$21,733,415.62. The trade was a 1.72% decrease in their position.

Lp Sheffield Holdings also recently made the following trade(s):

• On Wednesday, October 1st, Lp Sheffield Holdings sold 4,000,000 shares of Falcon Oil & Gas stock. The shares were sold at an average price of C$0.19, for a total value of C$760,000.00.
• On Thursday, October 2nd, Lp Sheffield Holdings sold 731,000 shares of Falcon Oil & Gas stock. The shares were sold at an average price of C$0.21, for a total transaction of C$153,510.00.

Falcon Oil & Gas Stock Down 2.4%

FO stock traded down C$0.01 during trading on Friday, reaching C$0.20. The company's stock had a trading volume of 714,475 shares, compared to its average volume of 231,048. The company has a market capitalization of C$221.83 million, a P/E ratio of -66.67 and a beta of 1.05. The company's fifty day moving average is C$0.14 and its 200-day moving average is C$0.13. Falcon Oil & Gas Ltd. has a 1 year low of C$0.07 and a 1 year high of C$0.22.

Falcon Oil & Gas Company Profile

Falcon Oil & Gas Ltd., an oil and gas company, engages in the exploration and development of unconventional oil and gas assets in Australia, South Africa, and Hungary. The company holds 22.5% interests in three exploration permits covering an area of approximately 1 million net acres in the Beetaloo Sub-basin, Northern Territory, Australia.

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