Notable Runner: Fieldpoint Petroleum Corp (NYSEMKT:FPP): Stock Institutional Investors Are Happy About

November 21, 2016 - By Winifred Garcia   ·   0 Comments

Notable Runner: Fieldpoint Petroleum Corp (NYSEMKT:FPP): Stock Institutional Investors  Are Happy About

Sentiment for Fieldpoint Petroleum Corp (NYSEMKT:FPP)

Fieldpoint Petroleum Corp (NYSEMKT:FPP) institutional sentiment increased to 3 in Q2 2016. Its up 2.50, from 0.5 in 2016Q1. The ratio has increased, as 2 institutional investors opened new or increased stock positions, while 4 cut down and sold their stock positions in Fieldpoint Petroleum Corp. The institutional investors in our partner’s database reported: 879,974 shares, down from 917,424 shares in 2016Q1. Also, the number of institutional investors holding Fieldpoint Petroleum Corp in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 1 Increased: 1 New Position: 1.

FieldPoint Petroleum Corporation is engaged in the acquisition, operation and development of oil and natural gas properties, which are located in Louisiana, New Mexico, Oklahoma, South Central Texas and Wyoming. The company has a market cap of $5.78 million. The Company’s principal oil and natural gas properties include Block A-49, Spraberry Trend, Giddings Field and Serbin Field in Texas; Flying M Field, Sulimar Field, North Bilbrey Field, Lusk Field and Loving North Morrow Field in New Mexico; Apache Field, Chickasha Field and West Allen Field in Oklahoma; Longwood Field in Louisiana, and Big Muddy Field in Wyoming. It currently has negative earnings. The Firm has varying ownership interest in approximately 470 gross wells located in approximately five states.

The stock 0.02% or $0 on November 18, hitting $0.57. It is down 5.00% since April 19, 2016 and is downtrending. It has underperformed by 8.86% the S&P500.

According to Zacks Investment Research, “FieldPoint Petroleum Corporation is engaged in oil and gas exploration,production and acquisition, primarily in New Mexico,Oklahoma,Texas and Wyoming.”

FPP Company Profile

FieldPoint Petroleum Corporation, incorporated on March 11, 1980, is engaged in the acquisition, operation and development of oil and natural gas properties, which are located in Louisiana, New Mexico, Oklahoma, South Central Texas and Wyoming. The Company’s principal oil and natural gas properties include Block A-49, Spraberry Trend, Giddings Field and Serbin Field in Texas; Flying M Field, Sulimar Field, North Bilbrey Field, Lusk Field and Loving North Morrow Field in New Mexico; Apache Field, Chickasha Field and West Allen Field in Oklahoma; Longwood Field in Louisiana, and Big Muddy Field in Wyoming. The Firm has varying ownership interest in approximately 470 gross wells (over 113.26 net) located in approximately five states. The Firm operates over 20 of approximately 470 wells, and other wells are operated by independent operators under contracts.

More notable recent Fieldpoint Petroleum Corporation (NYSEMKT:FPP) news were published by: Seekingalpha.com which released: “Fieldpoint Petroleum At $1 – This Beaten-Down Oil Stock Has Significant Upside …” on April 23, 2015, also Seekingalpha.com with their article: “Buy FieldPoint Petroleum Before Somebody Else Does” published on January 29, 2014, Prnewswire.com published: “FieldPoint Petroleum Announces Beginning of Warrant Trading” on March 27, 2012. More interesting news about Fieldpoint Petroleum Corporation (NYSEMKT:FPP) were released by: Prnewswire.com and their article: “FieldPoint Petroleum Reports Results For Second Quarter 2016” published on August 15, 2016 as well as Prnewswire.com‘s news article titled: “FieldPoint Petroleum Reports Results For Third Quarter 2016” with publication date: November 14, 2016.

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By Winifred Garcia


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