A Director at Eclipse Resources (NYSE: ECR) is Selling Shares

By Carrie Williams

Today, a Director at Eclipse Resources (ECRResearch Report), Richard D. Paterson, sold shares of ECR for $2,080.

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Based on Eclipse Resources’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $130 million and quarterly net profit of $4 million. In comparison, last year the company earned revenue of $91.55 million and had a GAAP net loss of $16.69 million. Currently, Eclipse Resources has an average volume of 713.9K.

Richard D. Paterson’s trades have generated a -62.4% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Eclipse Resources Corp. engages in oil and natural gas acquisition and development in Appalachian Basin. It operates drilling in the Utica Shale and Marcellus Shale. The company was founded on February 13, 2014 and is headquartered in State College, PA.