Featured MNV Articles:
More articles: 1 2 3 4 5 6 7 next »
|Carrizo Oil & Gas (CRZO) Shares Enter Oversold Territory
Thursday, August 14, 4:02 PM ET, by Market News Video Staff
In trading on Thursday, shares of Carrizo Oil & Gas, Inc. (CRZO) entered into oversold ...
Notable Two Hundred Day Moving Average Cross - PXE
Friday, August 15, 11:04 AM ET, by Market News Video Staff
In trading on Friday, shares of the PowerShares Dynamic Energy Exploration & Production Portfolio ETF ...
Monday Sector Laggards: Utilities, Energy
Monday, August 18, 2:51 PM ET, by Market News Video Staff
Looking at the sectors faring worst as of midday Monday, shares of Utilities companies are ...
NTI Makes Bullish Cross Above Critical Moving Average
Tuesday, August 19, 11:28 AM ET, by Market News Video Staff
In trading on Tuesday, shares of Northern Tier Energy LP (NTI) crossed above their 200 ...
Top Buys by Directors: Rooney III's $490.7K Bet on LPI
Tuesday, August 19, 2:20 PM ET, by Market News Video Staff
The directors of a company tend to have a unique inside view into the business, ...
Top Buys by Directors: Wilson's $250.8K Bet on HES
By Energy Stock Channel Staff, Friday, December 7, 3:31 PM ET
The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to take their hard-earned cash and use it to buy stock in the open market, is that they expect to make money — maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both. So in this series we look at the largest insider buys by company directors over the trailing six month period, one of which was a total of $250.8K by Robert N. Wilson, Director at Hess Corp (NYSE:HES).
Wilson bets big on HES:
||Robert N. Wilson
Wilson's average cost works out to $50.16/share. In trading on Friday, bargain hunters could buy shares of Hess Corp (NYSE:HES) and achieve a cost basis lower than Wilson, with shares changing hands as low as $48.95 per share. Shares of Hess Corp were changing hands at $49.53 at last check, trading up about 0.8% on Friday. The chart below shows the one year performance of HES shares, versus its 200 day moving average:
Looking at the chart above, HES's low point in its 52 week range is $39.67 per share, with $67.86 as the 52 week high point — that compares with a last trade of $49.53.
According to the ETF Finder at ETF Channel, HES makes up 4.94% of the Dynamic Energy Exploration & Production Portfolio ETF (AMEX:PXE) which is trading up by about 0.6% on the day Friday.
See what other ETFs contain HES »
See what other stocks are held by PXE »
Special Offer: Add income and energy exposure to your portfolio with a 30 day free trial to Frank Bifulco's Oil & Gas Income Portfolio
This Article's Word Cloud: