Carnarvon Energy Limited (ASX:CVN) Insider Robert Black Acquires 1,000,000 Shares

Carnarvon Energy Limited (ASX:CVN) insider Robert Black acquired 1,000,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 7th. The stock was bought at an average cost of A$0.19 ($0.13) per share, with a total value of A$193,000.00 ($127,814.57).

Carnarvon Energy Stock Performance

The company has a current ratio of 115.06, a quick ratio of 34.05 and a debt-to-equity ratio of 0.04.

Carnarvon Energy Company Profile

Carnarvon Energy Limited engages in the exploration, development, and production of oil and gas properties in Australia. It is also involved in the renewable fuels business. The company owns various interests in the Dorado, Pavo, Roc, Phoenix, and Phoenix South project located in the Bedout Sub-basin permits of Western Australia.