El Paso Corporation (NYSEAMERICAN:EP – Get Free Report) Director Phil Mulacek acquired 5,878 shares of the business’s stock in a transaction dated Friday, October 9th. The shares were bought at an average cost of $3.08 per share, with a total value of $18,104.24. Following the transaction, the director directly owned 962,732 shares of the company’s stock, valued at $2,965,214.56. The trade was a 0.61% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this link.
El Paso Stock Performance
NYSEAMERICAN EP opened at $3.35 on Thursday. The company has a current ratio of 0.42, a quick ratio of 0.37 and a debt-to-equity ratio of 1.85. The firm has a 50-day simple moving average of $2.82 and a 200 day simple moving average of $2.76. El Paso Corporation has a twelve month low of $2.08 and a twelve month high of $4.08.
El Paso (NYSEAMERICAN:EP – Get Free Report) last released its earnings results on Friday, August 14th. The basic materials company reported ($0.06) earnings per share 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 for the quarter.
Institutional Trading of El Paso
El Paso Company Profile
El Paso Corporation was an energy company focused primarily on the transportation, storage and processing of natural gas. Through its pipeline operations, the company provided infrastructure connecting natural gas-producing regions with utilities, power generators, industrial customers and other energy markets.
El Paso also participated in natural gas and oil exploration and production, as well as related midstream activities. Its operations were concentrated largely in the United States, with pipeline and energy infrastructure serving major regions across the country.
Doug Foshee served as El Paso Corporation’s president and chief executive officer during the company’s later years.
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