Jane Street Group LLC purchased a new stake in shares of Midstates Petroleum Company Inc. (NYSE:MPO) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 18,141 shares of the energy producer’s stock, valued at approximately $282,000. Jane Street Group LLC owned approximately 0.07% of Midstates Petroleum as of its most recent SEC filing.
Other institutional investors also recently added to or reduced their stakes in the company. Sound Point Capital Management LP increased its position in Midstates Petroleum by 66.5% during the second quarter. Sound Point Capital Management LP now owns 876,026 shares of the energy producer’s stock valued at $11,099,000 after acquiring an additional 350,000 shares during the last quarter. Vanguard Group Inc. increased its position in Midstates Petroleum by 10.5% in the second quarter. Vanguard Group Inc. now owns 486,839 shares of the energy producer’s stock worth $6,169,000 after buying an additional 46,227 shares in the last quarter. Russell Investments Group Ltd. increased its position in Midstates Petroleum by 7.2% in the third quarter. Russell Investments Group Ltd. now owns 261,551 shares of the energy producer’s stock worth $4,064,000 after buying an additional 17,670 shares in the last quarter. Akanthos Capital Management LLC increased its position in Midstates Petroleum by 207.4% in the third quarter. Akanthos Capital Management LLC now owns 153,701 shares of the energy producer’s stock worth $2,389,000 after buying an additional 103,701 shares in the last quarter. Finally, State Street Corp purchased a new stake in Midstates Petroleum in the second quarter worth about $1,777,000. 93.37% of the stock is currently owned by institutional investors and hedge funds.
Separately, Noble Financial reaffirmed a “hold” rating on shares of Midstates Petroleum in a research note on Thursday, November 16th.
In other news, major shareholder Cayman Gp Ltd. Cscp II sold 149,531 shares of the stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $16.00, for a total value of $2,392,496.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, major shareholder Centerbridge Credit Partners, sold 307,000 shares of the stock in a transaction that occurred on Friday, November 3rd. The stock was sold at an average price of $16.05, for a total value of $4,927,350.00. The disclosure for this sale can be found here. 1.89% of the stock is currently owned by corporate insiders.
Midstates Petroleum Company Inc. (NYSE MPO) traded down $0.25 during midday trading on Friday, hitting $18.43. The stock had a trading volume of 100,485 shares, compared to its average volume of 148,856. Midstates Petroleum Company Inc. has a 1 year low of $10.87 and a 1 year high of $22.54. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.03 and a quick ratio of 2.03.
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Midstates Petroleum Profile
Midstates Petroleum Company, Inc is an independent exploration and production company. The Company operates oil and natural gas properties, and is engaged in the exploration, development and production of oil, natural gas liquids (NGLs) and natural gas. It is focused on the application of drilling and completion techniques in oil and basins in the onshore United States.
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