Lp Sheffield Holdings Sells 731,000 Shares of Falcon Oil & Gas (CVE:FO) Stock

Key Points

• Lp Sheffield Holdings sold 731,000 shares of Falcon Oil & Gas stock at an average price of C$0.21, totaling C$153,510.00, thereby reducing their ownership by 0.66% to approximately 109.7 million shares.
• In a series of transactions, Lp Sheffield Holdings also sold 2 million shares on September 30th and 4 million shares on October 1st, both at an average price of C$0.19.
• Falcon Oil & Gas shares declined by 2.4% to C$0.20, with a current market capitalization of C$221.83 million and a PE ratio of -66.67.

Falcon Oil & Gas Ltd. (CVE:FO - Get Free Report) insider Lp Sheffield Holdings sold 731,000 shares of the firm's stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of C$0.21, for a total value of C$153,510.00. Following the completion of the sale, the insider directly owned 109,655,398 shares of the company's stock, valued at C$23,027,633.58. The trade was a 0.66% decrease in their ownership of the stock.

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

• On Tuesday, September 30th, Lp Sheffield Holdings sold 2,000,000 shares of Falcon Oil & Gas stock. The stock was sold at an average price of C$0.19, for a total value of C$380,000.00.
• On Wednesday, October 1st, Lp Sheffield Holdings sold 4,000,000 shares of Falcon Oil & Gas stock. The stock was sold at an average price of C$0.19, for a total value of C$760,000.00.

Falcon Oil & Gas Trading Down 2.4%

Shares of FO stock traded down C$0.01 on Friday, reaching C$0.20. 714,475 shares of the company's stock were exchanged, compared to its average volume of 231,048. Falcon Oil & Gas Ltd. has a 52 week low of C$0.07 and a 52 week high of C$0.22. The stock has a market capitalization of C$221.83 million, a PE ratio of -66.67 and a beta of 1.05. The company's fifty day simple moving average is C$0.14 and its 200 day simple moving average is C$0.13.

About Falcon Oil & Gas

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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