Stampede Drilling Inc. (CVE:SDI) Senior Officer Acquires C$33,677.28 in Stock

Stampede Drilling Inc. (CVE:SDI) Senior Officer Edward Langdon Oke acquired 140,322 shares of the stock in a transaction dated Friday, March 22nd. The stock was purchased at an average cost of C$0.24 per share, with a total value of C$33,677.28.

Stampede Drilling Stock Performance

Stampede Drilling stock opened at C$0.23 on Thursday. The company has a market capitalization of C$48.47 million, a P/E ratio of 4.60 and a beta of 1.39. The business has a 50 day moving average of C$0.23 and a 200-day moving average of C$0.24. 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.

Stampede Drilling (CVE:SDI) last released its earnings results on Thursday, March 14th. The company reported C$0.01 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.02 by C($0.01). The firm had revenue of C$21.49 million for the quarter, compared to analyst estimates 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 research analysts predict that Stampede Drilling Inc. will post 0.0649718 earnings per share for the current 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.