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Exterran Corporation (EXTN) Plunges 6.97% on January 22

Exterran Corporation (EXTN) had a rough trading day for Tuesday January 22 as shares tumbled 6.97%, or a loss of $-1.35 per share, to close at $18.02. After opening the day at $19.03, shares of Exterran…

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Exterran Corporation (EXTN) Plunges 6.97% on January 22

From the Equity Insider archive. This article dates from Jan 23, 2019 and is preserved as first published.

Exterran Corporation (EXTN) had a rough trading day for Tuesday January 22 as shares tumbled 6.97%, or a loss of $-1.35 per share, to close at $18.02. After opening the day at $19.03, shares of Exterran Corporation traded as high as $19.17 and as low as $17.95. Volume was 141,352 shares over 1,607 trades, against an average daily volume of 174,196 shares and a total float of 36.15 million.

As a result of the decline, Exterran Corporation now has a market cap of $651.48 million.

The stock has a P/E Ratio of 39.5.

Exterran Corp provides compression, production and processing products and services supporting production and transportation of oil and natural gas including integrated oil and natural gas companies, national oil and natural gas companies, independent oil and natural gas producers and oil and natural gas processors, gatherers and pipeline operators. The company’s segments consist of contract operations, aftermarket services and product sales. The majority of revenue is derived from sale of natural gas compression units and accessories and equipment used in the production and processing of crude oil and natural gas, manufacture and sale of tanks for tank farms and evaporators and brine heaters for desalination plants.

The company’s segments consist of contract operations, aftermarket services and product sales.

Exterran Corporation is based out of Houston, TX and has some 4,500 employees. Its CEO is Andrew J. Way.

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