Regency Energy Partners LP ( RGNC ): Former Chairman and CEO James W. Hunt Bought 100,000 Shares
Regency Energy Partners LP ( RGNC ) engages in the gathering, processing, treatment, contract compression, marketing, and transportation of natural gas and natural gas liquids (NGLs). The company’s first quarter earnings rose on increasing gas sales. Regency earned $10.3 million for the quarter, compared to a loss of $1.3 million in the prior year. Revenue for the quarter rose 58% to $405.2 million. The company set their dividend for the quarter at $0.42 a share.
Former Chairman and CEO James W. Hunt bought 100,000 shares on 6/17/08 at $26.79.
VP Houston Clifton Ross III sold 2,378 shares on 5/16/08 at $26.48, and VP Christofer David Rozzell sold 10,000 shares on 3/5/08 at $29.86.
Regency Energy Partners LP has a market cap of $1.79 billion; its shares were traded at around $24.93 with P/S ratio of 1.31. The dividend yield of Regency Energy Partners LP stocks is 6.79%.
$24.72 (07/04/08)
