On May 21, 2014, LINN Energy, LLC (“LINN” or “the Company”) and LinnCo, LLC (“LinnCo”) announced that LINN has signed a definitive agreement to trade a portion of its Permian Basin properties to Exxon Mobil Corporation (NYSE:XOM), and its wholly owned subsidiary XTO Energy Inc. (collectively, “ExxonMobil”) for operating interests in the Hugoton Basin. The transaction is expected to close in the third quarter of 2014 with an effective date of June 1, 2014. Exxon Mobil Corporation (NYSE:XOM), net profit margin is 9.80% and weekly performance is 0.58%. On last trading day company shares ended up $101.32. Analysts mean target price for the company is $100.89. Exxon Mobil Corporation (NYSE:XOM), distance from 50-day simple moving average (SMA50) is 3.01%.
SandRidge Energy Inc. (NYSE:SD) reported its first quarter financial results for FY2014 and the overall picture is gloomy. SandRidge posted a net loss of $128 million or $0.29 per share for the first quarter FY2014. During the same quarter last year, the company lost$531 million or $1.03 per share. SandRidge Energy Inc. (NYSE:SD), fell 1.50% in last trading session and ended the day on $6.55. SD, Gross Margin is 68.30% and its return on assets is -14.30%. SandRidge Energy Inc. (NYSE:SD), quarterly performance is -0.61%.
Chesapeake Energy Corporation (NYSE:CHK), the second-biggest U.S. natural-gas producer, said Michigan is cherry picking the company’s internal e-mails to suggest its former chief executive officer invited Canadian rivalEncana Corp. (ECA) to join in dividing the state’s oil and gas lease bids. Chesapeake Energy Corporation (NYSE:CHK), shares moved down 0.97% in last trading session and was closed at $27.68, while trading in range of $27.61 – 28.09. Chesapeake Energy Corporation (NYSE:CHK), year to date (YTD) performance is 2.67%.
The Dow Chemical Company (NYSE:DOW), and Sigma-Aldrich Corporation(SIAL) have signed a manufacturing license and supply agreement, under which, Sigma-Aldrich will make zinc finger nuclease (:ZFN) reagents for use with EXZACT Precision Technology. The financial terms of the agreement were undisclosed. The Dow Chemical Company (NYSE:DOW), ended the last trading day at $50.68. Company weekly volatility is calculated as 1.36% and price to cash ratio as 13.92. The Dow Chemical Company (NYSE:DOW), showed a negative weekly performance of 3.47%.
Vale SA (ADR) (NYSE:VALE), has earned an average rating of “Hold” from the fourteen analysts that are currently covering the company, ARN reports. One research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $17.11.Vale SA (ADR) (NYSE:VALE), net profit margin is 4.90% and weekly performance is -4.01%. On last trading day company shares ended up $13.18. Analysts mean target price for the company is $18.37. Vale SA (ADR) (NYSE:VALE), distance from 50-day simple moving average (SMA50) is -2.15%.
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