Oci Partners Lp (OCIP): Nassef Sawiris , director other of Oci Partners Lp purchased 36,100 shares on Sep 9, 2016. The Insider buying transaction was reported by the company on Sep 13, 2016 to the Securities and Exchange Commission. The shares were purchased at $5.88 per share for a total value of $218,004.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 8, 2016, Nassef Sawiris (director other) purchased 198,500 shares at $6.01 per share price.On Dec 30, 2015, Nathaniel A Gregory (director other) purchased 5,000 shares at $6.93 per share price.
Shares of OCI Partners LP (OCIP) ended Monday, Sep 12, 2016 session in red amid volatile trading. The shares closed down -0.12 points or -1.98% at $5.93 with 10,232 shares getting traded. Post opening the session at $5.98, the shares hit an intraday low of $5.77 and an intraday high of $6.03 and the price vacillated in this range throughout the day. The company has a market cap of $516 M and the number of outstanding shares has been calculated to be 86,997,590 shares. The 52-week high of OCI Partners LP is $11.3788 and the 52-week low is $5.46.
OCI Partners LP is an owner and operator of an integrated methanol and ammonia production facility that is located on the Texas Gulf Coast near Beaumont. The Company is a methanol producer in the United States with an annual methanol production capacity of approximately 730000 metric tons. It has a maximum annual ammonia production capacity of approximately 265000 metric tons. The Company purchases natural gas from third parties and processes the natural gas into synthesis gas which it then further processes in the production of methanol and ammonia. The Company stores and sells the processed methanol and ammonia to industrial and commercial customers for further processing or distribution.