Basic Material New Highs: Schlumberger (NYSE:SLB), Southwestern Energy Company (NYSE:SWN), Nabors Industries (NYSE:NBR), Pacific Ethanol (NASDAQ:PEIX)

Schlumberger Limited. (NYSE:SLB) was the recipient of some unusual options trading activity on Monday. Stock traders acquired 15,733 call options on the company, AnalystRatings.Net reports. This represents an increase of 117% compared to the typical daily volume of 7,263 call options. Schlumberger Limited. (NYSE:SLB) shares after opening at $93.10 moved to $94.80 on last trade day and at the end of the day closed at $93.23. Company price to sales ratio in past twelve months was calculated as 2.64 and price to cash ratio as 14.64. Schlumberger Limited. (NYSE:SLB) showed a positive weekly performance of 3.84%.

Shares ofSouthwestern Energy Company (NYSE:SWN) continue to benefit from the solid financial results which the company posted in the fourth quarter. In the process, the shares have been breaching previously set record prices and cementing new higher prices. Southwestern Energy Company (NYSE:SWN) shares fell -1.03% in last trading session and ended the day on $46.09. SWN return on equity ratio is recorded as 20.70% and its return on assets is 9.20%. Southwestern Energy Company (NYSE:SWN) yearly performance is 22.35%.

Nabors Industries Ltd. (NYSE:NBR) issued an update on its first quarter earnings guidance on Monday morning. The company provided earnings per share guidance of $0.07 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.20, Analyst Ratings Network reports. Nabors Industries Ltd. (NYSE:NBR) shares moved up 1.99% in last trading session and was closed at $24.04, while trading in range of $23.38-$24.21. Nabors Industries Ltd. (NYSE:NBR) year to date performance is 41.75%.

Sidoti upgraded shares of Pacific Ethanol (NASDAQ:PEIX) from a neutral rating to a buy rating in a research note released on Thursday morning, TheFlyOnTheWall.com reports. Pacific Ethanol Inc (NASDAQ:PEIX) weekly performance is 19.23%. On last trading day company shares ended up $17.11. Pacific Ethanol Inc (NASDAQ:PEIX) distance from 50-day simple moving average is 72.46%. Analysts mean target price for the company is $0.96.

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