Notable Ownership Action: Institutional Investors Hate on Isramco Inc Dropped

November 16, 2016 - By Vivian Park   ·   0 Comments

Notable Ownership Action: Institutional Investors  Hate on Isramco Inc  Dropped

Sentiment for Isramco Inc (NASDAQ:ISRL)

Isramco Inc (NASDAQ:ISRL) institutional sentiment decreased to 0.56 in Q2 2016. Its down -0.29, from 0.85 in 2016Q1. The ratio fall, as 10 funds increased and opened new stock positions, while 18 reduced and sold positions in Isramco Inc. The funds in our partner’s database now hold: 103,156 shares, down from 111,035 shares in 2016Q1. Also, the number of funds holding Isramco Inc in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 16 Increased: 8 New Position: 2.

Isramco, Inc., together with its subsidiaries, is an independent oil and natural gas company. The company has a market cap of $302.53 million. The Firm is engaged in the exploration, development and production of oil and natural gas properties located onshore in the United States and offshore Israel. It currently has negative earnings. The Firm also operates a production services firm that provides a range of onshore production services to oil companies, and independent oil and natural gas production companies conducting activities in the United States.

The stock decreased 3.45% or $3.9 during the last trading session, hitting $109. Isramco, Inc. (NASDAQ:ISRL) has risen 23.41% since April 14, 2016 and is uptrending. It has outperformed by 18.73% the S&P500.

According to Zacks Investment Research, “ISRAMCO and subsidiaries is engaged in the acquisition, exploration, operation and development of oil and gas properties and the temporary investment of surplus funds in securities. As of December 31, 1999, they own properties in Texas, Louisiana, Oklahoma, Wyoming, New Mexico, the Republic of Congo, Africa, and approximately a .5% working interest in various properties located in Israel.”

Tower Research Capital Llc (Trc) holds 0.01% of its portfolio in Isramco, Inc. for 1,804 shares. American International Group Inc owns 422 shares or 0% of their US portfolio. Moreover, Bank Of America Corp De has 0% invested in the company for 726 shares. The New York-based Bank Of New York Mellon Corp has invested 0% in the stock. Barclays Plc, a United Kingdom-based fund reported 19 shares.#img1#

ISRL Company Profile

Isramco, Inc., incorporated on November 18, 1982, together with its subsidiaries, is an independent oil and natural gas company. The Firm is engaged in the exploration, development and production of oil and natural gas properties located onshore in the United States and offshore Israel. The Firm also operates a production services firm that provides a range of onshore production services to oil companies, and independent oil and natural gas production companies conducting activities in the United States. The Firm operates through two divisions: Oil and Gas Exploration and Production Segment, and Production services Segment. The Oil and Gas Exploration and Production Segment is engaged in the exploration and production of crude oil, natural gas, condensate and natural gas liquids (NGLs). The Production services Segment is engaged in rig and workover services, well completion and recompletion services, plugging and abandonment of wells and other ancillary oilfield services.

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By Vivian Park


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