Parkwood LLC bought a new position in shares of Midstates Petroleum Co. (NYSE:MPO) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 41,274 shares of the energy producer’s stock, valued at approximately $523,000. Parkwood LLC owned 0.16% of Midstates Petroleum as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in the stock. Russell Investments Group Ltd. bought a new stake in shares of Midstates Petroleum during the fourth quarter worth $552,000. Alambic Investment Management L.P. raised its stake in shares of Midstates Petroleum by 83.3% in the first quarter. Alambic Investment Management L.P. now owns 22,542 shares of the energy producer’s stock worth $416,000 after buying an additional 10,242 shares during the last quarter. Segantii Capital Management Ltd raised its stake in shares of Midstates Petroleum by 633.4% in the first quarter. Segantii Capital Management Ltd now owns 16,384 shares of the energy producer’s stock worth $302,000 after buying an additional 14,150 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Midstates Petroleum by 4.8% in the first quarter. Vanguard Group Inc. now owns 440,612 shares of the energy producer’s stock worth $8,129,000 after buying an additional 20,300 shares during the last quarter. Finally, Nomura Holdings Inc. bought a new stake in shares of Midstates Petroleum during the first quarter worth $3,704,000. 95.12% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Midstates Petroleum Co. (NYSE MPO) opened at 14.51 on Friday. Midstates Petroleum Co. has a 52 week low of $10.87 and a 52 week high of $25.00. The stock’s 50 day moving average is $13.48 and its 200-day moving average is $16.89.
Midstates Petroleum (NYSE:MPO) last posted its quarterly earnings results on Tuesday, August 8th. The energy producer reported $0.53 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.57 by $0.04. The company had revenue of $60.68 million during the quarter. Midstates Petroleum had a return on equity of 2,904.50% and a net margin of 607.09%. Analysts predict that Midstates Petroleum Co. will post $2.79 earnings per share for the current year.
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About Midstates Petroleum
Midstates Petroleum Company, Inc is an independent exploration and production company. The Company operates oil and natural gas properties, and is engaged in the exploration, development and production of oil, natural gas liquids (NGLs) and natural gas. It is focused on the application of drilling and completion techniques in oil and basins in the onshore United States.
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