Stampede Drilling Inc. (CVE:SDI) Senior Officer Edward Langdon Oke Acquires 140,322 Shares

Stampede Drilling Inc. (CVE:SDI) Senior Officer Edward Langdon Oke bought 140,322 shares of the firm’s stock in a transaction on Friday, March 22nd. The shares were purchased at an average price of C$0.24 per share, for a total transaction of C$33,677.28.

Stampede Drilling Trading Down 4.2 %

Stampede Drilling stock opened at C$0.23 on Thursday. The stock has a market cap of C$48.47 million, a P/E ratio of 4.60 and a beta of 1.39. The company has a debt-to-equity ratio of 23.83, a current ratio of 1.50 and a quick ratio of 0.82. Stampede Drilling Inc. has a 1 year low of C$0.19 and a 1 year high of C$0.28. The firm’s 50 day moving average price is C$0.23 and its 200-day moving average price is C$0.24.

Stampede Drilling (CVE:SDI) last released its quarterly earnings data on Thursday, March 14th. The company reported C$0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.02 by C($0.01). The company had revenue of C$21.49 million for the quarter, compared to the consensus estimate of C$22.00 million. Stampede Drilling had a net margin of 12.27% and a return on equity of 12.59%. On average, equities analysts predict that Stampede Drilling Inc. will post 0.0649718 earnings per share for the current fiscal year.

Stampede Drilling Company Profile

Stampede Drilling Inc provides drilling rig services for the oil and natural gas industry in North America. It provides drilling rig services in southeast Saskatchewan and Alberta; and operational management services in the United States. It operates a fleet of telescopic double drilling rigs. The company was formerly known as MATRRIX Energy Technologies Inc and changed its name to Stampede Drilling Inc in May 2019.