Lonestar Resources US Inc (NASDAQ:LONE) Director Stephen H. Oglesby Buys 5,000 Shares of Stock

Lonestar Resources US Inc (NASDAQ:LONE) Director Stephen H. Oglesby bought 5,000 shares of the stock in a transaction dated Friday, August 23rd. The shares were acquired at an average cost of $2.51 per share, for a total transaction of $12,550.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

NASDAQ:LONE traded down $0.01 during mid-day trading on Friday, reaching $2.55. The stock had a trading volume of 42,110 shares, compared to its average volume of 200,734. The stock has a 50-day simple moving average of $2.49 and a two-hundred day simple moving average of $3.49. The stock has a market capitalization of $65.57 million, a PE ratio of -36.43 and a beta of 2.03. The company has a debt-to-equity ratio of 2.57, a current ratio of 0.35 and a quick ratio of 0.35. Lonestar Resources US Inc has a 12 month low of $1.93 and a 12 month high of $9.60.

Lonestar Resources US (NASDAQ:LONE) last announced its quarterly earnings data on Monday, August 5th. The energy company reported ($0.02) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.08. The business had revenue of $52.22 million for the quarter, compared to analysts’ expectations of $48.44 million. Lonestar Resources US had a net margin of 5.82% and a return on equity of 3.41%. Equities analysts expect that Lonestar Resources US Inc will post -0.44 EPS for the current year.

Large investors have recently made changes to their positions in the stock. Raffles Associates LP lifted its position in shares of Lonestar Resources US by 129.0% during the second quarter. Raffles Associates LP now owns 114,476 shares of the energy company’s stock valued at $262,000 after buying an additional 64,476 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of Lonestar Resources US during the second quarter valued at about $27,000. Vanguard Group Inc. increased its holdings in shares of Lonestar Resources US by 3.9% during the second quarter. Vanguard Group Inc. now owns 905,508 shares of the energy company’s stock valued at $2,074,000 after acquiring an additional 33,970 shares in the last quarter. BlackRock Inc. increased its holdings in shares of Lonestar Resources US by 113.2% during the second quarter. BlackRock Inc. now owns 427,909 shares of the energy company’s stock valued at $979,000 after acquiring an additional 227,192 shares in the last quarter. Finally, Monarch Partners Asset Management LLC increased its holdings in shares of Lonestar Resources US by 10.9% during the second quarter. Monarch Partners Asset Management LLC now owns 139,141 shares of the energy company’s stock valued at $319,000 after acquiring an additional 13,720 shares in the last quarter. 57.47% of the stock is currently owned by institutional investors and hedge funds.

Several brokerages have recently commented on LONE. ValuEngine raised shares of Lonestar Resources US from a “sell” rating to a “hold” rating in a report on Thursday, August 1st. Zacks Investment Research cut shares of Lonestar Resources US from a “buy” rating to a “hold” rating in a report on Wednesday, August 14th. B. Riley set a $8.00 target price on shares of Lonestar Resources US and gave the stock a “buy” rating in a report on Monday, May 13th. Northland Securities set a $6.00 price objective on shares of Lonestar Resources US and gave the company a “buy” rating in a research note on Monday, July 8th. Finally, TheStreet cut shares of Lonestar Resources US from a “c” rating to a “d+” rating in a research note on Wednesday, May 15th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Lonestar Resources US currently has a consensus rating of “Buy” and a consensus price target of $7.50.

About Lonestar Resources US

Lonestar Resources US Inc, an independent oil and gas company, engages in the acquisition, development, and production of unconventional oil, natural gas liquids, and natural gas properties in the United States. The company primarily focuses on Eagle Ford Shale properties that cover an area of 57,491 net acres in Texas counties.

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