A Director at HighPoint Resources Corporation (HPR) is Buying Shares


Today, a Director at HighPoint Resources Corporation (NYSE: HPR), William F. Owens, bought shares of HPR for $25.35K.

This recent transaction increases William F. Owens’ holding in the company by 4.34% to a total of $593.1K. This is Owens’ first transaction since reporting a Buy transaction on FSS back in March 2015

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Based on HighPoint Resources Corporation’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $110 million and GAAP net loss of $46.91 million. In comparison, last year the company earned revenue of $51.07 million and had a GAAP net loss of $18.45 million. Currently, HighPoint Resources Corporation has an average volume of 930.4K.

Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $8.00, reflecting a -38.5% downside. 21 different firms, including Barclays and Canaccord Genuity, currently also have a Buy rating on the stock.

The insider sentiment on HighPoint Resources Corporation has been positive according to 67 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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HighPoint Resources Corp. is a exploration and production company, which engages in the development of oil and natural gas assets. The company was founded in 2018 and is headquartered in Denver, CO.

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