Gas Natural Inc. (EGAS) Files Form 4 Insider Buying : James E Sprague Buys 4,000 Shares

Gas Natural Inc. (EGAS): James E Sprague , CFO of Gas Natural Inc. purchased 4,000 shares on May 16, 2016. The Insider buying transaction was reported by the company on May 17, 2016 to the Securities and Exchange Commission. The shares were purchased at $7.11 per share for a total value of $28,406.47 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 17, 2016, James E Sprague (CFO) purchased 4,000 shares at $7.11 per share price.On May 13, 2016, Robert B Johnston (director) purchased 1,194 shares at $7.10 per share price.Also, On May 13, 2016, Michael R Winter (director) purchased 2,000 shares at $7.13 per share price.

Shares of Gas Natural Inc (EGAS) ended Monday, May 16, 2016 session in red amid volatile trading. The shares closed down -0.03 points or -0.42% at $7.12 with 37,219 shares getting traded. Post opening the session at $7.22, the shares hit an intraday low of $7.01 and an intraday high of $7.24 and the price vacillated in this range throughout the day. The company has a market cap of $75 M and the number of outstanding shares has been calculated to be 1,05,11,520 shares. The 52-week high of Gas Natural Inc is $10.45 and the 52-week low is $6.5.

Gas Natural Inc Money Flow Index Chart

Gas Natural Inc. is a natural gas company. The Company operates local distribution companies in six states and serves approximately 68000 customers in total. The Company operates through the following segments: Natural Gas Operations Marketing and Production and Corporate and Other. The Company’s Natural Gas Operations segment annually distributes approximately 26 billion cubic feet (Bcf) of natural gas to its customers through regulated utilities operating in Kentucky Maine Montana North Carolina Ohio and Pennsylvania. The Company’s Marketing and Production segment annually markets approximately 1.3 Bcf of natural gas to commercial and industrial customers in Montana Wyoming Ohio and Pennsylvania through the Company’s subsidiaries Energy West Resources Inc. and Gas Natural Resources LLC.

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