Westcott Carl H Picked Comstock Resources Inc. (NYSE:CRK) Shares
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Comstock Resources Inc. (NYSE:CRK) reported that Westcott Carl H has picked up 926,058 of common stock as of 2017-04-13.
The acquisition brings the aggregate amount owned by Westcott Carl H to a total of 926,058 representing a 6.06% stake in the company.
For those not familiar with the company, Comstock Resources, Inc. is an energy company engaged in the acquisition, exploration, development and production of oil and natural gas in the United States. The Company operates in the segment of exploration and production of oil and natural gas. The Company’s oil and gas operations are concentrated in Texas and Louisiana. Its operations are focused in two operating areas: East Texas/North Louisiana and South Texas. The Company’s properties in the East Texas/North Louisiana region include approximately 80,660 acres in the Haynesville or Bossier shale formations. The Company’s Eagleville field includes approximately 30,220 acres located in the oil window of the Eagle Ford shale in South Texas. The Company owns interests in over 1,575 producing oil and natural gas wells, and operates over 950 of these wells. The Company owns interests in over 20 wells in the Rosita field, located in Duval County, Texas.
A glance at Comstock Resources Inc. (NYSE:CRK)’s key stats reveals a current market capitalization of 142.29 Million based on 15.28 Million shares outstanding and a price at last close of $9.31 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2016-11-15, Martin picked up 5,500 at a purchase price of $8.95. This brings their total holding to 34,524 as of the date of the filing.
On the sell side, the most recent transaction saw Allison unload 8,000 shares at a sale price of $10.12. This brings their total holding to 393,919.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Comstock Resources Inc. (NYSE:CRK) as things move forward to see if its progress aligns with these transactions.
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Here’s Who Just Picked Up WPX Energy Inc. (NYSE:WPX) Shares
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), WPX Energy Inc. (NYSE:WPX) reported that Point72 Asset Management has picked up 20,437,851 of common stock as of 2017-04-12.
The acquisition brings the aggregate amount owned by Point72 Asset Management to a total of 20,437,851 representing a 5.1% stake in the company.
For those not familiar with the company, WPX Energy, Inc. is an oil and natural gas exploration and production company. The Company is engaged in the exploitation and development of unconventional properties. It operates in the exploration and production segment of the oil and gas industry and its operations are conducted in the United States. It is focused on exploiting, developing and growing its oil positions in the Delaware (a subset of the Permian Basin) and San Juan Basins in the southwestern United States and the Williston Basin in North Dakota. As of December 31, 2016, it operated 642 wells in the Delaware Basin and also owned interests in 783 wells operated by others. As of December 31, 2016, it held approximately 98,000 acres in the Delaware Basin, with operations located in Eddy, Lea and Chaves Counties in New Mexico and Loving, Pecos, Reeves, Ward and Winkler Counties in Texas. Its activity in the Delaware Basin is focused on the Wolfcamp Shale formation, the Bone Spring interval and the Delaware sand interval.
A glance at WPX Energy Inc. (NYSE:WPX)’s key stats reveals a current market capitalization of 5.01 Billion based on 397.42 Million shares outstanding and a price at last close of $12.90 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2017-01-12, Muncrief picked up 20,000 at a purchase price of $13.35. This brings their total holding to 732,481 as of the date of the filing.
On the sell side, the most recent transaction saw Faulkner unload 5,000 shares at a sale price of $9.88. This brings their total holding to 35,754.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on WPX Energy Inc. (NYSE:WPX) as things move forward to see if its progress aligns with these transactions.
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Mccabe Greg Picked Torchlight Energy Resources (NASDAQ:TRCH) Shares
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Torchlight Energy Resources Inc. (NASDAQ:TRCH) reported that Mccabe Greg has picked up 11,148,390 of common stock as of 2017-04-12.
The acquisition brings the aggregate amount owned by Mccabe Greg to a total of 11,148,390 representing a 19.2% stake in the company.
For those not familiar with the company, Torchlight Energy Resources, Inc. (Torchlight) is engaged in the acquisition, exploration, exploitation and/or development of oil and natural gas properties in the United States. The Company focuses on drilling and working interest programs within the United States. The Company has interests in approximately four oil and gas projects: the Marcelina Creek Field Development in Wilson County, Texas; the Ring Energy Joint Venture in Southwest Kansas; Hunton wells in partnership with Husky Ventures in Central Oklahoma, and the Orogrande Project in Hudspeth County, Texas. The Company also operates through two other subsidiaries, including Torchlight Energy Operating, LLC, a Texas limited liability company, and Hudspeth Oil Corporation, a Texas corporation. The Marcelina Creek Field Development is located over the Austin Chalk, Buda and Eagle Ford Formations.
A glance at Torchlight Energy Resources Inc. (NASDAQ:TRCH)’s key stats reveals a current market capitalization of 82.84 Million based on 57.86 Million shares outstanding and a price at last close of $1.45 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2016-02-16, Mccabe picked up 17,397 at a purchase price of $0.66. This brings their total holding to 4,350,000 as of the date of the filing.
On the sell side, the most recent transaction saw Barney unload 2,456 shares at a sale price of $3.95. This brings their total holding to 0.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Torchlight Energy Resources Inc. (NASDAQ:TRCH) as things move forward to see if its progress aligns with these transactions.
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