Exterran (NYSE:EXTN) posted its quarterly earnings data on Monday. The energy company reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.04), Fidelity Earnings reports. The business had revenue of $334.85 million during the quarter, compared to analyst estimates of $358.60 million. Exterran had a net margin of 1.14% and a return on equity of 1.70%.
Shares of Exterran stock opened at $21.65 on Wednesday. Exterran has a 52-week low of $20.76 and a 52-week high of $33.69. The company has a current ratio of 1.30, a quick ratio of 0.93 and a debt-to-equity ratio of 0.73. The stock has a market cap of $772.35 million, a PE ratio of -55.51 and a beta of 1.37.
A number of brokerages have recently issued reports on EXTN. Zacks Investment Research upgraded shares of Exterran from a “hold” rating to a “buy” rating and set a $27.00 price target on the stock in a research note on Tuesday, September 18th. AltaCorp Capital reiterated an “outperform” rating on shares of Exterran in a research note on Tuesday, July 10th. Finally, ValuEngine lowered shares of Exterran from a “hold” rating to a “sell” rating in a research note on Tuesday, September 4th.
In other news, CEO Andrew James Way sold 34,517 shares of the business’s stock in a transaction dated Wednesday, October 17th. The shares were sold at an average price of $25.49, for a total transaction of $879,838.33. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 2.20% of the company’s stock.
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Exterran Corporation engages in the compression, production, and processing of products and services for the oil and natural gas industry worldwide. The company operates through three segments: contract Operations, Aftermarket Services, and Product Sales. Its contract operation services include personnel, equipment, tools, materials, and supplies.
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