Exterran Corp (NYSE:EXTN) CEO Andrew James Way sold 34,517 shares of the company’s stock in a transaction dated Wednesday, October 17th. The stock was sold at an average price of $25.49, for a total value of $879,838.33. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Shares of EXTN opened at $24.18 on Friday. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.30 and a quick ratio of 0.93. The stock has a market capitalization of $958.40 million, a price-to-earnings ratio of -62.00 and a beta of 0.88. Exterran Corp has a 52 week low of $24.12 and a 52 week high of $33.69.
Exterran (NYSE:EXTN) last issued its quarterly earnings results on Monday, August 6th. The energy company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.06). The company had revenue of $343.47 million during the quarter, compared to analysts’ expectations of $326.75 million. Exterran had a return on equity of 1.70% and a net margin of 1.14%. As a group, research analysts anticipate that Exterran Corp will post 0.65 earnings per share for the current fiscal year.
EXTN has been the subject of a number of analyst reports. ValuEngine upgraded Exterran from a “hold” rating to a “buy” rating in a research report on Thursday, July 5th. Zacks Investment Research upgraded Exterran from a “hold” rating to a “buy” rating and set a $27.00 price target for the company in a research report on Tuesday, September 18th. Finally, AltaCorp Capital restated an “outperform” rating on shares of Exterran in a research report on Tuesday, July 10th. One research analyst has rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $27.00.
A number of institutional investors and hedge funds have recently modified their holdings of EXTN. Piedmont Investment Advisors LLC bought a new position in shares of Exterran in the second quarter worth about $188,000. Barclays PLC boosted its stake in shares of Exterran by 29.1% in the first quarter. Barclays PLC now owns 11,447 shares of the energy company’s stock worth $305,000 after acquiring an additional 2,581 shares during the period. SG Americas Securities LLC boosted its stake in shares of Exterran by 138.6% in the second quarter. SG Americas Securities LLC now owns 13,688 shares of the energy company’s stock worth $343,000 after acquiring an additional 7,952 shares during the period. Campbell & CO Investment Adviser LLC bought a new position in shares of Exterran in the second quarter worth about $348,000. Finally, Dupont Capital Management Corp boosted its stake in shares of Exterran by 34.7% in the second quarter. Dupont Capital Management Corp now owns 14,141 shares of the energy company’s stock worth $354,000 after acquiring an additional 3,641 shares during the period. Institutional investors and hedge funds own 87.43% of the company’s stock.
Exterran Corporation engages in the compression, production, and processing of products and services for the oil and natural gas industry worldwide. The company operates through three segments: contract Operations, Aftermarket Services, and Product Sales. Its contract operation services include personnel, equipment, tools, materials, and supplies.
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