Midstates Petroleum Co. (NYSE:MPO) major shareholder Centerbridge Credit Partners, sold 131,700 shares of the company’s stock in a transaction that occurred on Thursday, October 5th. The stock was sold at an average price of $15.57, for a total transaction of $2,050,569.00. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Centerbridge Credit Partners, also recently made the following trade(s):

  • On Tuesday, September 26th, Centerbridge Credit Partners, sold 150,000 shares of Midstates Petroleum stock. The stock was sold at an average price of $16.00, for a total transaction of $2,400,000.00.
  • On Monday, September 25th, Centerbridge Credit Partners, sold 230,000 shares of Midstates Petroleum stock. The stock was sold at an average price of $16.00, for a total transaction of $3,680,000.00.
  • On Thursday, September 14th, Centerbridge Credit Partners, sold 300,000 shares of Midstates Petroleum stock. The stock was sold at an average price of $16.31, for a total transaction of $4,893,000.00.

Shares of Midstates Petroleum Co. (MPO) traded up 0.06% during trading on Thursday, reaching $15.44. 326,388 shares of the company traded hands. The company has a 50 day moving average price of $15.27 and a 200 day moving average price of $15.80. Midstates Petroleum Co. has a 12-month low of $0.05 and a 12-month high of $25.00.

Midstates Petroleum (NYSE:MPO) last posted its earnings results on Tuesday, August 8th. The energy producer reported $0.53 EPS for the quarter, missing the consensus estimate of $0.57 by ($0.04). Midstates Petroleum had a return on equity of 2,904.50% and a net margin of 607.09%. The business had revenue of $60.68 million for the quarter. On average, equities research analysts expect that Midstates Petroleum Co. will post $2.37 EPS for the current year.

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A number of large investors have recently bought and sold shares of MPO. Sound Point Capital Management LP boosted its position in Midstates Petroleum by 66.5% during the 2nd quarter. Sound Point Capital Management LP now owns 876,026 shares of the energy producer’s stock worth $11,099,000 after buying an additional 350,000 shares during the period. Q Global Advisors LLC acquired a new stake in Midstates Petroleum during the 1st quarter worth approximately $5,668,000. Nomura Holdings Inc. acquired a new stake in Midstates Petroleum during the 1st quarter worth approximately $3,704,000. State Street Corp acquired a new stake in Midstates Petroleum during the 2nd quarter worth approximately $1,777,000. Finally, Russell Investments Group Ltd. boosted its position in Midstates Petroleum by 132.5% during the 2nd quarter. Russell Investments Group Ltd. now owns 243,881 shares of the energy producer’s stock worth $3,090,000 after buying an additional 138,981 shares during the period. Institutional investors and hedge funds own 94.78% of the company’s stock.

Midstates Petroleum Company Profile

Midstates Petroleum Company, Inc is an independent exploration and production company. The Company operates oil and natural gas properties, and is engaged in the exploration, development and production of oil, natural gas liquids (NGLs) and natural gas. It is focused on the application of drilling and completion techniques in oil and basins in the onshore United States.

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