Basic Material Stocks touching New lows: Swift Energy (NYSE:SFY), Talisman Energy (NYSE:TLM), Kinder Morgan Management (NYSE:KMR), Ecopetrol (NYSE:EC)

Swift Energy (NYSE:SFY) fell to a five-year low after reporting Q4 revenue declined from year-ago levels and trailed analyst projections for the period by around 1.4%. Revenue during the three months ended Dec. 31 fell 7.5% year over year to $146 million, lagging the analyst consensus by $2.06 million. Swift Energy Company (NYSE:SFY) stock opened at $9.50 in last session, and closed at $9.94, while the day range of Swift Energy Company (NYSE:SFY) stock is $8.80 – $10.57. The stock showed a positive weekly performance of -18.19%.

Equities research analysts at FirstEnergy Capital increased their target price on shares of Talisman Energy (TSE:TLM) from C$1.00 to C$11.00 in a research note issued to investors on Tuesday, AR Network reports. FirstEnergy Capital’s target price points to a potential downside of 7.17% from the company’s current price. Talisman Energy Inc. (USA) (NYSE:TLM) stock opened at $10.34 in last session, and closed at $10.24 by losing -1.35%. The 52 week range of $10.17 – $13.38. Company’s market capitalization is $10.56B.

Ned Davis Research lowered shares of Kinder Morgan Management (NYSE:KMR) from a neutral rating to a sell rating in a report released on Monday, Analyst Ratings Network reports. Kinder Morgan Management, LLC (NYSE:KMR) stock decreased -1.68% and finished the last session at $70.39. The EPS of the stock remained 1.96. Company’s market capitalization is $8.67B.

Ecopetrol S.A. (ADR) (NYSE:EC) announced its proven reserves (1P, according to the international designation) of crude oil, condensate and natural gas owned by the company, including its interest in affiliates and subsidiaries, as of December 31, 2013. Reserves were calculated based on U.S. Securities and Exchange Commission (SEC) standards and methodology and 99% were audited by three different specialized independent companies (Gaffney, Cline & Associates, Ryder Scott Company and DeGolyer and MacNaughton). Ecopetrol S.A. (ADR) (NYSE:EC) stock opened the session at $33.33, and closed the session at $33.74. The 52 week range of the Ecopetrol S.A. (ADR) (NYSE:EC) stock remained $33.01 – $57.89 and the day range was $33.01 – $33.74.

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