CAMAC Energy CEO Buys $9,750 in Stock (CAK)
CAMAC Energy (NYSE:CAK) CEO Kase Lukman Lawal bought 15,000 shares of CAMAC Energy stock 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 completion of the purchase, the chief executive officer now directly owns 6,452,447 shares in the company, valued at approximately $4,194,091. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link.
CAMAC Energy (NYSE:CAK) opened at 0.661 on Wednesday. CAMAC Energy has a 1-year low of $0.267 and a 1-year high of $0.91. The stock has a 50-day moving average of $0.65 and a 200-day moving average of $0.69. The company’s market cap is $833.9 million.
CAMAC Energy (NYSE:CAK) last issued its quarterly earnings data on Monday, August 11th. The company reported ($0.01) EPS 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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