Airain ltd raised its stake in Equal Energy Ltd. (NYSE:ENT) by 79.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 34,185 shares of the oil and gas exploration company’s stock after purchasing an additional 15,161 shares during the period. Airain ltd’s holdings in Equal Energy were worth $122,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Schwab Charles Investment Management Inc. boosted its holdings in Equal Energy by 0.7% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 228,017 shares of the oil and gas exploration company’s stock valued at $812,000 after purchasing an additional 1,501 shares during the period. Rhumbline Advisers boosted its holdings in Equal Energy by 7.5% in the 2nd quarter. Rhumbline Advisers now owns 58,279 shares of the oil and gas exploration company’s stock valued at $207,000 after purchasing an additional 4,047 shares during the period. Swiss National Bank raised its stake in shares of Equal Energy by 8.7% in the 1st quarter. Swiss National Bank now owns 82,600 shares of the oil and gas exploration company’s stock valued at $263,000 after buying an additional 6,600 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of Equal Energy by 3.6% in the 1st quarter. Bank of New York Mellon Corp now owns 218,455 shares of the oil and gas exploration company’s stock valued at $696,000 after buying an additional 7,618 shares in the last quarter. Finally, Geode Capital Management LLC raised its stake in shares of Equal Energy by 3.5% in the 1st quarter. Geode Capital Management LLC now owns 426,629 shares of the oil and gas exploration company’s stock valued at $1,360,000 after buying an additional 14,421 shares in the last quarter.

Shares of Equal Energy Ltd. (NYSE:ENT) opened at 2.86 on Tuesday. The company’s 50 day moving average is $2.96 and its 200-day moving average is $3.26. Equal Energy Ltd. has a 12 month low of $2.38 and a 12 month high of $9.73. The firm’s market cap is $243.98 million.

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A number of equities analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of Equal Energy from a “sell” rating to a “hold” rating in a research note on Tuesday, August 1st. Northland Securities restated a “buy” rating on shares of Equal Energy in a research note on Tuesday, August 29th. Finally, BidaskClub upgraded shares of Equal Energy from a “sell” rating to a “hold” rating in a research note on Saturday, September 2nd. Seven investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Equal Energy has a consensus rating of “Hold” and an average price target of $8.65.

Equal Energy Company Profile

Equal Energy Ltd. (Equal) is an exploration and production of oil and gas company. Equal’s oil and gas properties are located in Oklahoma. Equal Energy has an indirect, wholly-owned subsidiary, EEUSHI. EEUSHI holds all of Equal’s Oklahoma oil and gas properties and associated assets through its wholly owned subsidiary, Equal Energy US Inc The Company also reviews new drilling opportunities and potential acquisitions in Oklahoma to supplement its exploration and development activities.

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Institutional Ownership by Quarter for Equal Energy (NYSE:ENT)

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