Magellan Petroleum Corp. Company Profile (NASDAQ:MPET)

About Magellan Petroleum Corp.

Magellan Petroleum Corp. logoMagellan Petroleum Corporation is an oil and gas exploration and production company, which focuses on the development of carbon dioxide (CO2) enhanced oil recovery (CO2-EOR) projects in the Rocky Mountain region. The Company owns exploration acreage in the Weald Basin, and an exploration block, NT/P82, in the Bonaparte Basin, offshore Northern Territory in Australia. The Company has three geographic segments, NP, MPUK and MPA, corresponding to its operations in the United States, the United Kingdom and Australia. The Company's NP's oil and gas assets consist of interests in Poplar in the Williston Basin. Its MPUK's oil and gas assets consist of various exploration licenses in or adjacent to the Weald Basin located onshore and offshore southern England. The Company's MPA's oil and gas assets consist of NT/P82, an exploration block in the Bonaparte Basin, offshore Australia, and an 11% ownership interest in Central.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Independent Oil & Gas
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: MPET
  • CUSIP:
Key Metrics:
  • Previous Close: $5.26
  • 50 Day Moving Average: $5.55
  • 200 Day Moving Average: $2.33
  • 52-Week Range: $0.20 - $7.17
  • Trailing P/E Ratio: N/A
  • P/E Growth: 0.00
  • Market Cap: $30.92M
  • Outstanding Shares: 5,879,000
  • Beta: 0.56
Profitability:
  • Return on Equity: -1,595.03%
  • Return on Assets: -8.88%
Debt:
  • Current Ratio: 2.02%
  • Quick Ratio: 2.02%
Additional Links:
Companies Related to Magellan Petroleum Corp.:

Analyst Ratings

Consensus Ratings for Magellan Petroleum Corp. (NASDAQ:MPET) (?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: $3.40 (35.36% downside)

Analysts' Ratings History for Magellan Petroleum Corp. (NASDAQ:MPET)
Show:
DateFirmActionRatingPrice TargetDetails
8/8/2016S&P Equity ResearchLower Price Target$4.00 -> $3.40View Rating Details
7/8/2015Roth CapitalReiterated RatingBuyView Rating Details
4/8/2015Noble FinancialInitiated CoverageHold$0.60View Rating Details
(Data available from 9/30/2014 forward)

Earnings

Earnings History for Magellan Petroleum Corp. (NASDAQ:MPET)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/15/2015($0.09)($0.06)ViewN/AView Earnings Details
11/19/2014($0.09)($0.07)ViewN/AView Earnings Details
9/18/2014($0.07)($0.03)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Magellan Petroleum Corp. (NASDAQ:MPET)
No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Dividend History for Magellan Petroleum Corp. (NASDAQ:MPET)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Magellan Petroleum Corp. (NASDAQ:MPET)
Insider Ownership Percentage: 13.92%
Institutional Ownership Percentage: 9.41%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/31/2015J Thomas WilsonCEOSell1,199$0.55$659.45View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Magellan Petroleum Corp. (NASDAQ:MPET)
DateHeadline
businesswire.com logoKeith Teague Joins Tellurian Investments as Executive Vice President and Chief Operating Officer, Bringing Additional Development Experience to First Project Driftwood LNG (NASDAQ:MPET)
www.businesswire.com - September 26 at 6:12 PM
finance.yahoo.com logoMAGELLAN PETROLEUM CORP /DE/ Financials (NASDAQ:MPET)
finance.yahoo.com - September 21 at 10:20 AM
biz.yahoo.com logoMAGELLAN PETROLEUM CORP /DE/ Files SEC form 10-K, Annual Report (NASDAQ:MPET)
biz.yahoo.com - September 14 at 10:30 AM
bizjournals.com logoSouki recruits former Cheniere exec as CEO of new LNG company (NASDAQ:MPET)
www.bizjournals.com - September 2 at 11:04 AM
News IconFormer Cheniere Exec Becomes President, CEO of Tellurian Investments (NASDAQ:MPET)
www.oilandgas360.com - September 1 at 6:09 PM
News IconTellurian Investments appoints Gentle as president and CEO (NASDAQ:MPET)
www.pehub.com - August 31 at 11:11 AM
News IconEx-Cheniere Executive Gentle Rejoins Souki at LNG Venture (NASDAQ:MPET)
boereport.com - August 31 at 11:11 AM
News IconGentle leaves Cheniere and joins Souki at Tellurian as CEO (NASDAQ:MPET)
www.lngworldnews.com - August 31 at 11:11 AM
oilvoice.com logoMagellan Petroleum closes sale of Weald assets (NASDAQ:MPET)
www.oilvoice.com - August 16 at 9:33 AM
publicnow.com logoMagellan Closes Sale of Central Weald Assets (NASDAQ:MPET)
www.publicnow.com - August 15 at 8:28 AM
fxpips.com logoWall Street’s Big Movers Today – (NASDAQ: DXPE), (NYSE Amex Equities: SENS), (NASDAQ: MPET), (TSX Venture Exchange: GSV) (NASDAQ:MPET)
www.fxpips.com - August 11 at 9:26 AM
marketwatch.com logoWhat’s a longtime investor in Fidelity Magellan to do? (NASDAQ:MPET)
www.marketwatch.com - August 9 at 9:24 AM
News IconTellurian Investments to go public with buy of E&P company Magellan (NASDAQ:MPET)
www.platts.com - August 8 at 10:55 AM
twst.com logoMagellan Petroleum Corporation: Magellan Appoints New Chief Executive Officer (NASDAQ:MPET)
www.twst.com - August 8 at 10:55 AM
smarteranalyst.com logoCompany Update (NASDAQ:MPET): Magellan Petroleum Corporation Appoints New Chief Executive Officer (NASDAQ:MPET)
www.smarteranalyst.com - August 8 at 10:55 AM
biz.yahoo.com logoMAGELLAN PETROLEUM CORP /DE/ Files SEC form 8-K, Termination of a Material Definitive Agreement, Other Events (NASDAQ:MPET)
biz.yahoo.com - August 8 at 10:55 AM
publicnow.com logoMagellan Appoints New Chief Executive Officer (NASDAQ:MPET)
www.publicnow.com - August 8 at 10:55 AM
rttnews.com logoMagellan Petroleum Corp. (MPET) Has Surged To A New High After Merger (NASDAQ:MPET)
www.rttnews.com - August 4 at 9:25 AM
seekingalpha.com logoMagellan Petroleum to merge with Souki-led company, enters LNG business (NASDAQ:MPET)
seekingalpha.com - August 4 at 9:25 AM
News IconMagellan Petroleum Corporation (MPET) Stock Gains Big on Merger (NASDAQ:MPET)
www.modestmoney.com - August 4 at 9:25 AM
biz.yahoo.com logoMAGELLAN PETROLEUM CORP /DE/ Files SEC form 8-K, Entry into a Material Definitive Agreement, Change in Directors or P (NASDAQ:MPET)
biz.yahoo.com - August 3 at 6:36 PM
News IconMagellan to merge with Tellurian, enters LNG business (NASDAQ:MPET)
www.lngworldnews.com - August 3 at 9:34 AM
oilvoice.com logoMagellan Petroleum completes strategic exchange transaction (NASDAQ:MPET)
www.oilvoice.com - August 2 at 6:33 PM
twst.com logoMagellan Petroleum Corporation: Magellan Completes Strategic Exchange Transaction (NASDAQ:MPET)
www.twst.com - August 2 at 6:33 PM
biz.yahoo.com logoMAGELLAN PETROLEUM CORP /DE/ Files SEC form 8-K, Termination of a Material Definitive Agreement, Unregistered Sale of (NASDAQ:MPET)
biz.yahoo.com - August 2 at 11:04 AM
publicnow.com logoMagellan Completes Strategic Exchange Transaction (NASDAQ:MPET)
www.publicnow.com - August 2 at 11:04 AM
reuters.com logoBRIEF-Magellan Petroleum shareholders approve strategic exchange transaction (NASDAQ:MPET)
www.reuters.com - July 19 at 11:01 AM
News IconMagellan Petroleum shareholders approve strategic exchange transaction (NASDAQ:MPET)
www.energyvoice.com - July 19 at 11:01 AM
marketwatch.com logoMagellan Shareholders Approve Strategic Exchange Transaction (NASDAQ:MPET)
www.marketwatch.com - July 19 at 11:01 AM
4-traders.com logoMAGELLAN PETROLEUM CORP /DE/ : Change in Directors or Principal Officers, Other Events (form 8-K) (NASDAQ:MPET)
www.4-traders.com - July 19 at 11:01 AM
biz.yahoo.com logoMAGELLAN PETROLEUM CORP /DE/ Files SEC form 8-K, Change in Directors or Principal Officers, Other Events (NASDAQ:MPET)
biz.yahoo.com - July 19 at 6:02 AM
finance.yahoo.com logoVermilion Goes Live with Reporting at Magellan (NASDAQ:MPET)
au.finance.yahoo.com - July 10 at 7:00 PM
seekingalpha.com logoA Failed E&P Winding Down: Time To Buy? (NASDAQ:MPET)
seekingalpha.com - July 6 at 10:54 AM
News IconLiberty’s Greg Maffei remains Colorado’s highest-paid executive (NASDAQ:MPET)
www.denverpost.com - June 27 at 10:32 AM
stockmarketwire.com logoUKOG acquires 100% interest in licence (NASDAQ:MPET)
www.stockmarketwire.com - June 13 at 5:53 PM
News IconUK Oil and Gas Investments (UKOG) share price leaps over six per cent as firm buys further acreage in the Weald Basin (NASDAQ:MPET)
www.cityam.com - June 13 at 5:53 PM
oilvoice.com logoMagellan Petroleum sells Weald Basin Acreage, settles litigation (NASDAQ:MPET)
www.oilvoice.com - June 13 at 5:53 PM
publicnow.com logoMagellan Sells Its Weald Basin Acreage and Settles Litigation (NASDAQ:MPET)
www.publicnow.com - June 13 at 6:19 AM
kcregister.com logoOil & Gas Bearish Stocks: Magellan Petroleum (NASDAQ:MPET), Jones Energy (NYSE:JONE), Clayton Williams ... - KC Register (NASDAQ:MPET)
www.kcregister.com - May 27 at 11:18 AM
kcregister.com logoMorning Buzz: Magellan Petroleum Corporation (NASDAQ:MPET), Galena Biopharma (NASDAQ:GALE), Petroleo ... - KC Register (NASDAQ:MPET)
www.kcregister.com - May 27 at 11:18 AM
live-pr.com logoNew Market Research Report: Magellan Petroleum Corporation (MPET) - Oil & Gas - Deals and Alliances Profile (NASDAQ:MPET)
www.live-pr.com - May 20 at 9:55 PM
News IconMagellan Sells Australia's Mereenie Field Bonus Rights to Macquarie Bank (NASDAQ:MPET)
www.rigzone.com - May 20 at 11:46 AM
smarteranalyst.com logoStock Update (NASDAQ:MPET): Magellan Petroleum Corporation Sells Mereenie Bonus Rights - Smarter Analyst (NASDAQ:MPET)
www.smarteranalyst.com - May 19 at 11:28 AM
4-traders.com logoMagellan Petroleum : Sells Mereenie Bonus Rights (NASDAQ:MPET)
www.4-traders.com - May 19 at 11:28 AM
oilvoice.com logoMagellan Petroleum sells Mereenie field bonus rights (NASDAQ:MPET)
www.oilvoice.com - May 19 at 11:28 AM
publicnow.com logoMagellan Sells Mereenie Bonus Rights (NASDAQ:MPET)
www.publicnow.com - May 19 at 6:52 AM
feeds.benzinga.com logoMagellan Sell Mereenie Bonus Rights to Macquarie Bank for AUS 3.45M (NASDAQ:MPET)
feeds.benzinga.com - May 19 at 6:27 AM
fool.com logo5 Dividend Stocks to Buy in May - Motley Fool (NASDAQ:MPET)
www.fool.com - May 14 at 7:55 PM
bizjournals.com logoBillerica maker of lead diagnostic test Magellan acquired by Meridian for $66M (NASDAQ:MPET)
www.bizjournals.com - March 25 at 12:11 PM
bizjournals.com logoCincinnati public company makes acquisition (NASDAQ:MPET)
www.bizjournals.com - March 25 at 11:05 AM

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Magellan Petroleum Corp. (NASDAQ:MPET) Chart for Friday, September, 30, 2016


Last Updated on 9/30/2016 by MarketBeat.com Staff