Basic Material Insider Buying: EXCO Resources Inc (NYSE:XCO), Hercules Offshore (NASDAQ:HERO), Tengasco (NYSEMKT:TGC), Silver Bull Resources (NYSEMKT:SVBL)

EXCO Resources Inc (NYSE:XCO)’s VP & Chief Accounting Officer) Burnett Richard Alan purchased 500 shares of the company’s stock on the open market in a transaction dated Thursday, May 1st. The shares were purchased at an average price of $6 per share, for a total transaction of $3,000. EXCO Resources Inc (NYSE:XCO) stock opened at $6.01 in last session, and closed at $5.98, while the day range of stock is $5.87 – $6.02. The stock showed a positive weekly performance of 0.50%.

Hercules Offshore Inc (NASDAQ:HERO)’s Director Steven A. Webster bought 50,000 shares of the company’s stock on the open market in a transaction dated Monday, March 31st. A number of analysts have recently weighed in on HERO shares. Analysts at Credit Suisse downgraded shares of Hercules Offshore to a “neutral” rating in a research note. The shares were purchased at an average price of $4.56 per share, for a total transaction of $228,000.00. Hercules Offshore, Inc. (NASDAQ:HERO) stock opened at $4.38, in last session and closed at $4.61, by gaining 5.25%. The 52 week range of is $4.21 – $7.96. Company’s market capitalization is $740.57million.

Tengasco, Inc. (NYSEMKT:TGC)’s VP Cary V Sorensen bought 200,000 shares of the company’s stock on the open market in a transaction dated Friday, May 1st. The shares were purchased at an average price of $0.47 per share, for a total transaction of $94,000.00. Tengasco, Inc. (NYSEMKT:TGC) stock advanced 5.46% and finished the last session at $0.500. The EPS of the stock remained 0.05. Company’s market capitalization is $30.42million.

Silver Bull Resources Inc (NYSEMKT:SVBL) (10% owner) LAZARUS INVESTMENT PARTNERS LLLP Lazarus Management Co LLC BORUS JUSTIN B purchased 138.087 shares of the company’s stock on the open market in a transaction dated Tuesday, April 29th. The shares were purchased at an average price of $0.3201 per share, for a total transaction of $44,203.00. Silver Bull Resources Inc (NYSEMKT:SVBL) stock opened the session at $0.31, and closed the session at $0.327. The 52 week range of the stock remained $0.30 – $0.45 and the day range was $0.31 – $0.33.

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