Magellan Petroleum Corp. (MPET) CEO William H. Hastings buys 20,000 Shares

President and CEO of Magellan Petroleum Corp. (MPET, Financial) William H. Hastings buys 20,000 shares of MPET on 06/02/2010 at an average price of $1.7 a share.

Magellan Petroleum Corp. has a market cap of $91 million; its shares were traded at around $1.75 with and P/S ratio of 3.2. Magellan Petroleum Corp. had an annual average earning growth of 3% over the past 10 years.

MPET is in the portfolios of Jim Simons of Renaissance Technologies LLC.

CEO Recent Trades:

  • Buy:: President and CEO William H. Hastings bought 21,900 shares of MPET stock on 05/25/2010 at the average price of 1.71, the price of the stock has increased by 2.34% since.

  • Buy:: President and CEO William H. Hastings bought 26,600 shares of MPET stock on 05/21/2010 at the average price of 1.67, the price of the stock has increased by 4.79% since.



CFO Recent Trades:

  • Buy:: Controller / Interim CFO Susan M. Filipos bought 52,878 shares of MPET stock on 05/21/2010 at the average price of 1.62, the price of the stock has increased by 8.02% since.