Occidental Petroleum Corporation (NYSE:OXY) has also seen multiple insiders buying of late. Three vice presidents at the oil and gas E&P were awarded stock earlier this month, and Vicki Hollub was made the executive VP of Occidental’s U.S. operations. The company also reaffirmed that its quarterly dividend payment of $0.64 per share would be made in the fourth quarter, representing an annual yield of 2.6%.
Midstates Petroleum Company Inc (NYSE:MPO) is another energy company with one recent insider buy. Earlier this month, CEO John Crum increased his exposure to Midstates’ stock by 10,000 shares to 1.3 million total, worth an estimated $8.6 million. Crum’s move sent Midstates’ stock price up 9% in one day last week, and shares are up a whopping 25% since the transaction was disclosed.
A few other insiders to pay attention to
At Fastenal Company (NASDAQ:FAST), Director Michael Ancius purchased a little over $300K worth of stock, while a Century Bancorp, Inc. (NASDAQ:CNBKA) board member made a minor buy. Long-time Markel Corporation (NYSE:MKL) executive Darrell Martin also bought over a hundred shares at $538.30 a pop.