StockCall Early Morning Insight into Apache, Ensco, Stillwater Mining, and Endeavour Intl.
LONDON, March 15, 2013 /PRNewswire/ --
The Dow Jones closed at yet another record high on Thursday as market sentiment remained upbeat in the wake of improving outlook for the U.S. economy. The benchmark index also posted its 10th successive higher finish, the first time it has done so since 1996. It is not just investors that are capitalizing on the bull's run, insiders at several companies have also been buying shares. Apache Corporation (NYSE: APA), Ensco Plc (NYSE: ESV), Stillwater Mining Company (NYSE: SWC) and Endeavour International Corporation (NYSE: END) are among the companies that have recently seen insider buying. Insider buying is generally viewed as a positive signal; hence StockCall has issued technical analysis and charting reports on APA, ESV, SWC, and END. Download these free reports now at
William Montgomery, Independent Director at Apache Corporation, recently bought 2,000 shares of the company's common stock at $73.11 per share. Late last month, Charles Pitman, who is also an Independent Director at the company, bought 350 shares at $73.60 per share. The company's shares ended marginally higher on Thursday. The stock closed 0.27% higher at $75.48 on volume of 2.65 million after touching an intra-day high of $75.99. Shares of APA have fallen sharply this year, even as the broad market has rallied. The stock is currently trading on a P/E multiple of 15.50. Download the free research on APA today by registering at
Ensco Plc has also seen insider buying activity recently. Keith Rattie, an Independent Director at the company, bought 1,000 shares of Ensco Plc common stock at $57.40 per share. Ensco's shares rose sharply in trading yesterday. The stock rose to an intra-day high of $60.03 before finishing the day 1.97% higher at $60 on above average volume of 3.73 million. The stock has gained more than 3.80% in the last three trading sessions. Despite the recent gains, Ensco's shares have gained just 1.21% for the year so far, underperforming the S&P 500. Sign up and have access to our free report on ESV at
Gregory Wing, CFO of Stillwater Mining Company, this week bought 35,000 shares of the company's common stock at $13.02 per share. Wing made a total investment of $455,700. Last week, Gary Sugar, who is an independent director at the company, bought 5,000 shares of Stillwater Mining Company common stock at $12.99 per share. The Industrial Metals & Minerals mining company's shares slipped on Thursday, closing 0.23% lower at $12.78 on volume of 1.63 million. The stock touched an intra-day low of $12.67. In the last three trading sessions, the stock has fallen more than 2.80%. Stillwater Mining's shares currently trade at a P/E multiple of 30.17. The stock has a beta of 2.57. Sign up and read the complimentary report on SWC at
O Cap Management LP bought 51,608 shares of Endeavour International Corporation common stock at $3.37 per share, last week. In a separate transaction, also conducted last week, O Cap Management LP bought 38,592 shares of the company's common stock at $3.37 per share. Endeavour International Corporation shares fell sharply in trading on Thursday even as the broad market rallied. The stock closed 3.22% lower at $3.31 on volume of 1.06 million. The stock has fallen more than 10.50% in the last three trading sessions. Year-to-date, the stock is down more than 36%. The free report on END can be downloaded by signing up now at
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