Energean plc (LON:ENOG) Plans Dividend of $0.30

Energean plc (LON:ENOG) announced a dividend on Thursday, November 16th, Upcoming.Co.Uk reports. Investors of record on Thursday, December 7th will be paid a dividend of $0.30 per share on Friday, December 29th. This represents a yield of 2.72%. The ex-dividend date is Thursday, December 7th. The official announcement can be viewed at this link.

Energean Trading Down 0.2 %

Shares of ENOG opened at GBX 885.50 ($10.87) on Thursday. The company’s fifty day simple moving average is GBX 981.94 and its 200-day simple moving average is GBX 1,070.95. The company has a market cap of £1.59 billion, a P/E ratio of -5,916.67 and a beta of 0.68. The company has a current ratio of 0.54, a quick ratio of 1.42 and a debt-to-equity ratio of 508.83. Energean has a twelve month low of GBX 807.50 ($9.92) and a twelve month high of GBX 1,560 ($19.16).

Insider Buying and Selling at Energean

In related news, insider Panagiotis Benos sold 40,113 shares of Energean stock in a transaction dated Thursday, September 7th. The shares were sold at an average price of GBX 1,137 ($13.96), for a total transaction of £456,084.81 ($560,094.33). 26.66% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reduced their price objective on shares of Energean from GBX 1,570 ($19.28) to GBX 1,555 ($19.10) and set a “buy” rating on the stock in a research report on Wednesday, September 13th.

About Energean

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.