Energean plc (LON:ENOG – Get Free Report) shares traded down 0.5% on Thursday . The stock traded as low as GBX 1,056 ($13.04) and last traded at GBX 1,079 ($13.33). 337,015 shares traded hands during mid-day trading, a decline of 1% from the average session volume of 339,886 shares. The stock had previously closed at GBX 1,084 ($13.39).
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 1,425 ($17.60) price target on shares of Energean in a report on Thursday, March 21st.
Read Our Latest Stock Report on ENOG
Energean Price Performance
Energean Announces Dividend
The business also recently disclosed a dividend, which was paid on Friday, March 29th. Stockholders of record on Thursday, March 7th were paid a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, March 7th. This represents a dividend yield of 2.48%. Energean’s dividend payout ratio is presently -66,428.57%.
Insider Activity
In other news, insider Matthaios Rigas sold 2,383 shares of the business’s stock in a transaction on Tuesday, April 2nd. The shares were sold at an average price of GBX 1,065 ($13.15), for a total transaction of £25,378.95 ($31,347.52). Corporate insiders own 26.08% of the company’s stock.
Energean Company Profile
Energean plc engages in the exploration, development, and production of oil and gas. It operates through four segments: Europe, Israel, Egypt, and New Ventures. The company holds interests in the Eastern Mediterranean. Its flagship project is the Karish project located in Israel. It also provides financing services; and holds a gas transportation license.
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