El Paso (NYSEAMERICAN:EP) Director Mason Matschke Buys 5,777 Shares

El Paso Corporation (NYSEAMERICAN:EP) Director Mason Matschke bought 5,777 shares of the business’s stock in a transaction dated Friday, September 11th. The shares were bought at an average cost of $2.38 per share, with a total value of $13,749.26. Following the purchase, the director directly owned 442,302 shares of the company’s stock, valued at approximately $1,052,678.76. This represents a 1.32% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink.

El Paso Stock Up 4.0%

EP opened at $2.60 on Wednesday. The company has a market cap of $108.16 million, a PE ratio of -1.27 and a beta of 0.34. El Paso Corporation has a twelve month low of $2.28 and a twelve month high of $4.91. The company has a 50-day moving average price of $2.76 and a 200 day moving average price of $2.83. The company has a quick ratio of 0.37, a current ratio of 0.42 and a debt-to-equity ratio of 1.85.

El Paso (NYSEAMERICAN:EP) last posted its quarterly earnings data on Friday, August 14th. The basic materials company reported ($0.06) earnings per share (EPS) for the quarter. El Paso had a negative return on equity of 119.38% and a negative net margin of 229.58%.The firm had revenue of $9.51 million during the quarter.

Institutional Trading of El Paso

A hedge fund recently bought a new position in El Paso stock. Susquehanna International Group LLP acquired a new stake in El Paso Corporation (NYSEAMERICAN:EP) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 64,693 shares of the basic materials company’s stock, valued at approximately $173,000. Susquehanna International Group LLP owned approximately 0.16% of El Paso as of its most recent filing with the Securities and Exchange Commission.

El Paso Company Profile

El Paso Corporation was an energy company focused primarily on the transportation, storage and marketing of natural gas, as well as oil and natural gas exploration and production. Through its pipeline operations, the company operated and managed a large network of interstate natural gas pipelines and storage facilities serving energy markets in the United States.

The company’s exploration and production business held interests in oil and natural gas properties in several U.S. regions and international locations.