Lp Sheffield Holdings Sells 2,000,000 Shares of Falcon Oil & Gas (CVE:FO) Stock

Falcon Oil & Gas Ltd. (CVE:FO) insider Lp Sheffield Holdings sold 2,000,000 shares of Falcon Oil & Gas stock in a transaction on Tuesday, September 30th. The shares were sold at an average price of C$0.19, for a total transaction of C$380,000.00. Following the completion of the transaction, the insider directly owned 114,386,398 shares of the company’s stock, valued at C$21,733,415.62. The trade was a 1.72% decrease in their position.

Lp Sheffield Holdings also recently made the following trade(s):

• On Wednesday, October 1st, Lp Sheffield Holdings sold 4,000,000 shares of Falcon Oil & Gas stock. The stock was sold at an average price of C$0.19, for a total transaction of C$760,000.00.
• On Thursday, October 2nd, Lp Sheffield Holdings sold 731,000 shares of Falcon Oil & Gas stock. The stock was sold at an average price of C$0.21, for a total transaction of C$153,510.00.

Falcon Oil & Gas Stock Down 4.9%

CVE:FO opened at C$0.20 on Friday. Falcon Oil & Gas Ltd. has a 52 week low of C$0.07 and a 52 week high of C$0.22. The stock’s 50-day moving average price is C$0.15 and its 200-day moving average price is C$0.13. The stock has a market capitalization of C$216.28 million, a PE ratio of -65.00 and a beta of 1.05.

Falcon Oil & Gas Company Profile

Falcon Oil & Gas Ltd., an oil and gas company, engages in the exploration and development of unconventional oil and gas assets in Australia, South Africa, and Hungary. The company holds 22.5% interests in three exploration permits covering an area of approximately 1 million net acres in the Beetaloo Sub-basin, Northern Territory, Australia.