Insider Buying: Pilot Energy (ASX:PGY) Insider Acquires 12,500,000 Shares of Stock

Pilot Energy Limited (ASX:PGY) insider Gregory (Geg) Columbus purchased 12,500,000 shares of Pilot Energy stock in a transaction dated Wednesday, January 28th. The stock was bought at an average price of A$0.00 per share, for a total transaction of A$50,000.00.

Pilot Energy Stock Performance

The stock has a market capitalization of $8.27 million, a P/E ratio of -1.73 and a beta of 0.69. The company has a debt-to-equity ratio of 38.99, a quick ratio of 2.86 and a current ratio of 0.85.

Pilot Energy Company Profile

Pilot Energy Limited engages in the exploration, development, and production of oil and gas assets in Australia. It holds 100% working interests in WA-481-P exploration permit located in Perth Basin; and a 21.25% interest in WA-31-L production license that covers an area of 72km² located in Perth Basin. The company also focuses on production of blue hydrogen, green hydrogen, and ammonia projects. The company was formerly known as Rampart Energy Ltd and changed its name to Pilot Energy Limited in May 2013.