Today, the CEO of Transatlantic Petroleum Ltd (TAT), Noah Malone Mitchell, bought shares of TAT for $513.3K.
Following this transaction Noah Malone Mitchell’s holding in the company was increased by 3.29% to a total of $16.64 million.
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Based on Transatlantic Petroleum Ltd’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $20.14 million and GAAP net loss of $1.72 million. In comparison, last year the company earned revenue of $12.68 million and had a GAAP net loss of $4.35 million. Currently, Transatlantic Petroleum Ltd has an average volume of 571K. The Company has a Price to Book ratio of 9.4634.
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TransAtlantic Petroleum Ltd. engages in the acquisition, exploration, development, and production of oil and natural gas. It operates through the Turkey and Bulgaria geographical segments. The company was founded on October 1, 1985 and is headquartered in Addison, TX.
