Deprince Race & Zollo Inc. Buys 180,272 Shares of Gastar Exploration Inc (GST)
Deprince Race & Zollo Inc. increased its stake in shares of Gastar Exploration Inc (NYSEAMERICAN:GST) by 24.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 921,358 shares of the energy company’s stock after buying an additional 180,272 shares during the quarter. Deprince Race & Zollo Inc.’s holdings in Gastar Exploration were worth $967,000 at the end of the most recent quarter.
Gastar Exploration Inc (NYSEAMERICAN:GST) opened at $1.12 on Tuesday. Gastar Exploration Inc has a 1 year low of $0.38 and a 1 year high of $2.19. The company has a market capitalization of $273.68, a price-to-earnings ratio of -4.67 and a beta of 3.48.
Gastar Exploration (NYSEAMERICAN:GST) last issued its quarterly earnings results on Wednesday, November 8th. The energy company reported ($0.05) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.01). The firm had revenue of $15.30 million during the quarter, compared to analysts’ expectations of $20.06 million. During the same quarter in the previous year, the company earned ($0.08) earnings per share. Gastar Exploration’s revenue was up 17.7% on a year-over-year basis.
About Gastar Exploration
Gastar Exploration Ltd (Gastar) is an independent energy company engaged in the exploration, development and production of natural gas and oil in the United States. The Company’s principal business activities include the identification, acquisition, and subsequent exploration and development of natural gas and oil properties with an emphasis on unconventional reserves, such as shale resource plays.
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