Emancipation Management LLC Has $1.06 Million Stake in Equal Energy Ltd. (ENT)

Emancipation Management LLC lifted its stake in Equal Energy Ltd. (NYSE:ENT) by 103.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 296,486 shares of the oil and gas exploration company’s stock after purchasing an additional 150,584 shares during the period. Equal Energy accounts for approximately 1.7% of Emancipation Management LLC’s holdings, making the stock its 14th largest position. Emancipation Management LLC owned about 0.35% of Equal Energy worth $1,055,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the company. Schwab Charles Investment Management Inc. increased its stake in shares of Equal Energy by 0.7% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 228,017 shares of the oil and gas exploration company’s stock worth $812,000 after purchasing an additional 1,501 shares in the last quarter. Rhumbline Advisers increased its stake in shares of Equal Energy by 7.5% in the 2nd quarter. Rhumbline Advisers now owns 58,279 shares of the oil and gas exploration company’s stock worth $207,000 after purchasing an additional 4,047 shares in the last quarter. Swiss National Bank increased its stake in shares of Equal Energy by 8.7% in the 1st quarter. Swiss National Bank now owns 82,600 shares of the oil and gas exploration company’s stock worth $263,000 after purchasing an additional 6,600 shares in the last quarter. Bank of New York Mellon Corp increased its stake in shares of Equal Energy by 3.6% in the 1st quarter. Bank of New York Mellon Corp now owns 218,455 shares of the oil and gas exploration company’s stock worth $696,000 after purchasing an additional 7,618 shares in the last quarter. Finally, Geode Capital Management LLC increased its stake in shares of Equal Energy by 3.5% in the 1st quarter. Geode Capital Management LLC now owns 426,629 shares of the oil and gas exploration company’s stock worth $1,360,000 after purchasing an additional 14,421 shares in the last quarter.

Equal Energy Ltd. (NYSE ENT) traded up 2.10% during midday trading on Tuesday, hitting $2.92. The stock had a trading volume of 167,436 shares. The firm’s market capitalization is $249.10 million. The firm has a 50-day moving average of $2.96 and a 200 day moving average of $3.26. Equal Energy Ltd. has a 52-week low of $2.38 and a 52-week high of $9.73.

Several equities research analysts have recently commented on ENT shares. Zacks Investment Research lowered Equal Energy from a “hold” rating to a “sell” rating in a research note on Wednesday, July 5th. Northland Securities restated a “buy” rating on shares of Equal Energy in a research note on Tuesday, August 29th. Finally, BidaskClub upgraded Equal Energy from a “sell” rating to a “hold” rating in a research note on Saturday, September 2nd. Seven investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $8.65.

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Equal Energy Company Profile

Equal Energy Ltd. (Equal) is an exploration and production of oil and gas company. Equal’s oil and gas properties are located in Oklahoma. Equal Energy has an indirect, wholly-owned subsidiary, EEUSHI. EEUSHI holds all of Equal’s Oklahoma oil and gas properties and associated assets through its wholly owned subsidiary, Equal Energy US Inc The Company also reviews new drilling opportunities and potential acquisitions in Oklahoma to supplement its exploration and development activities.

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Institutional Ownership by Quarter for Equal Energy (NYSE:ENT)

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