Cypress Energy Partners, L.p. (CELP): Don Labass , officer of Cypress Energy Partners, L.p. sold 2,000 shares on Jun 15, 2016. The Insider selling transaction was reported by the company on Jun 17, 2016 to the Securities and Exchange Commission. The shares were sold at $9.67 per share for a total value of $19,340.20 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 14, 2016, Jeff English (officer ) purchased 52 shares at $12.53 per share price.On Dec 18, 2015, Cc Jr Stephenson (director other) purchased 2,500 shares at $7.65 per share price.Also, On Dec 18, 2015, Peter C Boylan (director officer ) purchased 3,300 shares at $7.84 per share price.On Dec 10, 2015, Don Labass (officer ) purchased 2,000 shares at $7.45 per share price.
Cypress Energy Partners LP: On Wednesday, Jun 15, 2016 heightened volatility was witnessed in Cypress Energy Partners LP which led to swings in the share price. The shares opened for trading at $9.46 and hit $9.75 on the upside , eventually ending the session at $9.68, with a gain of 2.33% or 0.22 points. The heightened volatility saw the trading volume jump to 59,592 shares. The 52-week high of the share price is $17.5 and the company has a market cap of $115 M . The 52-week low of the share price is at $5.275.
Cypress Energy Partners L.P. is a limited partnership company which serves energy companies throughout North America. The Company provides pipeline inspection and integrity services to producers and pipeline companies and water and environmental services with salt water disposal (SWD) facilities to the United States onshore oil and natural gas producers and trucking companies. The Company operates its business in two segments: Water and Environmental Services (W&ES) and Pipeline Inspection and Integrity Services (PI&IS). The Company through its W&ES segment provides SWD services to oil and natural gas producers and trucking companies and consists of the operations of Cypress Energy Partners LLC (CEP LLC). It is engaged in treating produced water and flowback water and injecting the water into its SWD facilities. Through PI&IS segment it provides inspection and integrity services to various energy public utility and pipeline companies in both the United States and Canada.