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

Energean plc (LON:ENOG) declared a dividend on Wednesday, September 11th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, September 19th will be given a dividend of $0.30 per share on Monday, September 30th. This represents a yield of 2.59%. The ex-dividend date is Thursday, September 19th. The official announcement can be seen at this link.

Energean Price Performance

ENOG opened at GBX 914.50 ($12.08) on Wednesday. The company has a debt-to-equity ratio of 478.97, a quick ratio of 1.42 and a current ratio of 0.95. The stock has a market capitalization of £1.68 billion, a P/E ratio of 936.87 and a beta of 0.85. The company’s 50-day simple moving average is GBX 970.32 and its two-hundred day simple moving average is GBX 1,038.74. Energean has a 52-week low of GBX 807.50 ($10.67) and a 52-week high of GBX 1,233 ($16.29).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank increased their price objective on shares of Energean from GBX 1,425 ($18.82) to GBX 1,565 ($20.67) and gave the stock a “neutral” rating in a research note on Thursday, May 23rd.

Insider Transactions at Energean

In other Energean news, insider Andrew Donald Bartlett acquired 5,554 shares of the stock in a transaction dated Tuesday, July 30th. The shares were purchased at an average price of GBX 998 ($13.18) per share, for a total transaction of £55,428.92 ($73,221.82). Company insiders own 24.38% of the company’s stock.

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.