Magnoleum Petroleum's share price edges up following director's dealings
The share price for AIM-listed US onshore oil and gas exploration company Magnolia Petroleum rose slightly on Monday following an announcement of director's dealings.
The share price for AIM-listed US onshore oil and gas exploration company Magnolia Petroleum rose slightly on Monday following an announcement of director's dealings.
The Chief Executive Officer and two non-executive directors purchased £14,500, £24,650 and £5,800 worth of shares respectively worth a total of £44,950.
The news comes days after Magnolia announced that it had invested in two wells located in North Dakota.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Magnolia's share price was up 1.71% to 2.97p at 10:48 on Monday.
MF
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
Why CEOs deserve a pay rise
Opinion The CEOs of big companies often come under fire for being grossly overpaid. But the truth, as per some economists, is the opposite. Do they merit a pay rise?
By Stuart Watkins Published
-
Europe prepares to stand alone as Trump turns on Ukraine
Support for old military alliances is wavering in the US under Donald Trump. Europe’s leaders are rushing to fill the void. Simon Wilson reports
By Simon Wilson Published