Today, the EVP & CFO of SRC Energy Inc (NYSE MKT: SRCI), James P. Henderson, bought shares of SRCI for $92.5K.
This recent transaction increases James P. Henderson’s holding in the company by 4.13% to a total of $2.34 million. Following James P. Henderson’s last SRCI Buy transaction on September 22, 2016, the stock climbed by 2.6%.
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Based on SRC Energy Inc’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $147 million and quarterly net profit of $49.62 million. In comparison, last year the company earned revenue of $75.04 million and had a net profit of $27.94 million. SRCI’s market cap is $2.25B and the company has a P/E ratio of 10.08. Currently, SRC Energy Inc has an average volume of 553.5K.
27 different firms, including B.Riley FBR and BMO Capital, currently also have a Buy rating on the stock. Based on 10 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $14.50, reflecting a -37.0% downside.
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SRC Energy, Inc. engages in the acquisition, development, and production of oil and natural gas. It focuses in the operation of Wattenberg Field in the Denver-Julesburg Basin. The company was founded on May 11, 2005 and is headquartered in Denver, CO.
