John Warburton Buys 100,000 Shares of Empire Energy Group Ltd (ASX:EEG) Stock

Empire Energy Group Ltd (ASX:EEG) insider John Warburton acquired 100,000 shares of Empire Energy Group stock in a transaction on Friday, August 9th. The shares were purchased at an average price of A$0.22 ($0.15) per share, with a total value of A$21,500.00 ($15,248.23).

ASX:EEG remained flat at $A$0.22 ($0.16) on Friday. 269,425 shares of the company’s stock were exchanged, compared to its average volume of 1,150,000. The firm has a market capitalization of $50.89 million and a P/E ratio of -2.10. The company has a quick ratio of 0.24, a current ratio of 0.36 and a debt-to-equity ratio of 114.36. Empire Energy Group Ltd has a 1-year low of A$0.11 ($0.08) and a 1-year high of A$0.35 ($0.25). The stock’s 50 day moving average is A$0.21 and its two-hundred day moving average is A$0.09.

About Empire Energy Group

Empire Energy Group Limited, together its subsidiaries, engages in the acquisition, development, production, exploration, and sale of oil and natural gas in the United States. It operates through Oil and Gas Operations, Investments, and Other segments. The company holds two exploration licenses and five license applications over 14.6 million acres in the McArthur Basin, in the Northern Territory, Australia.

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