Q Global Advisors LLC Sells 194,209 Shares of Midstates Petroleum Co. (NYSE:MPO)

Q Global Advisors LLC decreased its stake in shares of Midstates Petroleum Co. (NYSE:MPO) by 63.2% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 112,984 shares of the energy producer’s stock after selling 194,209 shares during the period. Midstates Petroleum accounts for 3.7% of Q Global Advisors LLC’s investment portfolio, making the stock its 5th biggest position. Q Global Advisors LLC’s holdings in Midstates Petroleum were worth $1,432,000 as of its most recent filing with the SEC.

Other institutional investors also recently added to or reduced their stakes in the company. BlueCrest Capital Management Ltd purchased a new position in Midstates Petroleum during the first quarter worth $216,000. New York State Common Retirement Fund purchased a new position in Midstates Petroleum during the second quarter worth $151,000. Rhumbline Advisers purchased a new position in Midstates Petroleum during the second quarter worth $155,000. Ameriprise Financial Inc. purchased a new position in Midstates Petroleum during the second quarter worth $216,000. Finally, Parametric Portfolio Associates LLC purchased a new position in Midstates Petroleum during the second quarter worth $198,000. 94.78% of the stock is owned by institutional investors.

Midstates Petroleum Co. (MPO) traded up 0.82% during trading on Tuesday, reaching $14.71. The company’s stock had a trading volume of 12,865 shares. The firm has a 50-day moving average price of $15.35 and a 200-day moving average price of $15.58. Midstates Petroleum Co. has a 52 week low of $10.87 and a 52 week high of $25.00.

Midstates Petroleum (NYSE:MPO) last issued 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). The firm had revenue of $60.68 million during the quarter. Midstates Petroleum had a net margin of 607.09% and a return on equity of 2,904.50%. Equities research analysts forecast that Midstates Petroleum Co. will post $2.37 EPS for the current year.

In other news, major shareholder Centerbridge Credit Partners, sold 131,700 shares of the business’s stock in a transaction that occurred on Thursday, October 5th. The shares were sold at an average price of $15.57, for a total value of $2,050,569.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold a total of 811,700 shares of company stock valued at $13,023,569 over the last 90 days. Corporate insiders own 1.89% of the company’s stock.

ILLEGAL ACTIVITY WARNING: This piece was originally posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this piece on another site, it was stolen and republished in violation of international trademark and copyright law. The original version of this piece can be viewed at https://ledgergazette.com/2017/10/17/midstates-petroleum-co-mpo-stake-lessened-by-q-global-advisors-llc.html.

Midstates Petroleum Profile

Midstates Petroleum Company, Inc is an independent exploration and production company

Other institutional investors also recently added to or reduced their stakes in the company. BlueCrest Capital Management Ltd purchased a new position in Midstates Petroleum during the first quarter worth $216,000. New York State Common Retirement Fund purchased a new position in Midstates Petroleum during the second quarter worth $151,000. Rhumbline Advisers purchased a new position in Midstates Petroleum during the second quarter worth $155,000. Ameriprise Financial Inc. purchased a new position in Midstates Petroleum during the second quarter worth $216,000. Finally, Parametric Portfolio Associates LLC purchased a new position in Midstates Petroleum during the second quarter worth $198,000. 94.78% of the stock is owned by institutional investors.

Midstates Petroleum Co. (MPO) traded up 0.82% during trading on Tuesday, reaching $14.71. The company’s stock had a trading volume of 12,865 shares. The firm has a 50-day moving average price of $15.35 and a 200-day moving average price of $15.58. Midstates Petroleum Co. has a 52 week low of $10.87 and a 52 week high of $25.00.

Midstates Petroleum (NYSE:MPO) last issued 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). The firm had revenue of $60.68 million during the quarter. Midstates Petroleum had a net margin of 607.09% and a return on equity of 2,904.50%. Equities research analysts forecast that Midstates Petroleum Co. will post $2.37 EPS for the current year.

In other news, major shareholder Centerbridge Credit Partners, sold 131,700 shares of the business’s stock in a transaction that occurred on Thursday, October 5th. The shares were sold at an average price of $15.57, for a total value of $2,050,569.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold a total of 811,700 shares of company stock valued at $13,023,569 over the last 90 days. Corporate insiders own 1.89% of the company’s stock.

ILLEGAL ACTIVITY WARNING: This piece was originally posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this piece on another site, it was stolen and republished in violation of international trademark and copyright law. The original version of this piece can be viewed at https://ledgergazette.com/2017/10/17/midstates-petroleum-co-mpo-stake-lessened-by-q-global-advisors-llc.html.

Midstates Petroleum 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.

Institutional Ownership by Quarter for Midstates Petroleum (NYSE:MPO)

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