CAMAC Energy CEO Buys $9,750 in Stock (CAK)
CAMAC Energy (NYSE:CAK) CEO Kase Lukman Lawal purchased 15,000 shares of the company’s stock on the open market in a transaction that occurred on Monday, August 18th. The stock was purchased at an average cost of $0.65 per share, with a total value of $9,750.00. Following the acquisition, the chief executive officer now directly owns 6,452,447 shares in the company, valued at approximately $4,194,091. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link.
CAMAC Energy (NYSE:CAK) traded up 1.57% on Tuesday, hitting $0.6602. The stock had a trading volume of 82,600 shares. CAMAC Energy has a 52 week low of $0.267 and a 52 week high of $0.91. The stock has a 50-day moving average of $0.6 and a 200-day moving average of $0.69. The company’s market cap is $832.9 million.
CAMAC Energy (NYSE:CAK) last issued its quarterly earnings data on Monday, August 11th. The company reported ($0.01) earnings per share for the quarter. The company had revenue of $14.94 million for the quarter, compared to the consensus estimate of $20.01 million.
CAMAC Energy Inc (NYSE:CAK) is engaged in the exploration, development, and production of oil and gas outside the United States, directly and through joint ventures.
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