Exterran Co. (NYSE:EXTN) Short Interest Update

Share on StockTwits

Exterran Co. (NYSE:EXTN) was the target of a significant drop in short interest in March. As of March 31st, there was short interest totalling 1,800,000 shares, a drop of 17.8% from the March 15th total of 2,190,000 shares. Based on an average trading volume of 567,200 shares, the short-interest ratio is presently 3.2 days. Currently, 5.6% of the company’s stock are short sold.

EXTN opened at $2.87 on Wednesday. The firm has a market cap of $95.10 million, a P/E ratio of -0.64 and a beta of 1.01. The company has a debt-to-equity ratio of 1.58, a quick ratio of 1.01 and a current ratio of 1.38. The business has a 50 day moving average price of $3.88 and a 200 day moving average price of $4.36. Exterran has a twelve month low of $2.79 and a twelve month high of $8.93.

Exterran (NYSE:EXTN) last issued its quarterly earnings data on Monday, March 1st. The energy company reported ($0.74) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.39) by ($0.35). The firm had revenue of $151.70 million during the quarter, compared to analyst estimates of $163.63 million. Exterran had a negative return on equity of 18.46% and a negative net margin of 17.93%. As a group, analysts anticipate that Exterran will post -1.9 earnings per share for the current fiscal year.

Several institutional investors and hedge funds have recently bought and sold shares of EXTN. Citigroup Inc. boosted its position in Exterran by 231.1% in the fourth quarter. Citigroup Inc. now owns 5,960 shares of the energy company’s stock valued at $26,000 after buying an additional 4,160 shares in the last quarter. AQR Capital Management LLC bought a new position in Exterran in the 3rd quarter valued at $48,000. SG Americas Securities LLC acquired a new position in Exterran in the fourth quarter worth $61,000. Susquehanna International Group LLP acquired a new stake in shares of Exterran in the fourth quarter valued at $111,000. Finally, Guggenheim Capital LLC raised its holdings in shares of Exterran by 109.4% in the third quarter. Guggenheim Capital LLC now owns 34,926 shares of the energy company’s stock valued at $145,000 after buying an additional 18,246 shares during the last quarter. 82.43% of the stock is currently owned by institutional investors and hedge funds.

Separately, Zacks Investment Research lowered Exterran from a “hold” rating to a “sell” rating in a research report on Monday, March 8th.

About Exterran

Exterran Corporation, a systems and process company, provides various solutions in the oil, gas, water, and power markets worldwide. The company operates through three segments: Contract Operations, Aftermarket Services, and Product Sales. It offers compression, processing, and treating services through the operation of natural gas compression equipment, and crude oil and natural gas production and process equipment; and water treatment and power generation solutions.

Featured Story: What is meant by a buy rating?

Receive News & Ratings for Exterran Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exterran and related companies with MarketBeat.com's FREE daily email newsletter.