Basic Material Weekly Gainers: Triangle Petroleum Corporation (NYSEMKT:TPLM), Halcon Resources (NYSE:HK), Midstates Petroleum Company (NYSE:MPO), Comstock Resources (NYSE:CRK)

Triangle Petroleum Corporation (NYSEMKT:TPLM)  provides an operational update and reports its fourth quarter (“Q4 fiscal year 2014”) and full fiscal year 2014 (“fiscal year 2014”) results for the period ended January 31, 2014. Triangle Petroleum Corporation (NYSEMKT:TPLM) shares after opening at $9.10 moved to $9.96 on last trade day and at the end of the day closed at $9.83. Company price to sales ratio in past twelve months was calculated as 4.27 and price to cash ratio as 8.40. Triangle Petroleum Corporation (NYSEMKT:TPLM) showed a positive weekly performance of 21.81%.

Canaccord Genuity reissued their hold rating on shares of Halcon Resources Corp (NYSE:HK) in a research note released on Wednesday morning, AmericanBankingNews.com reports. They currently have a $4.75 target price on the stock.Halcon Resources Corp (NYSE:HK) shares advanced 0.56% in last trading session and ended the day on $5.34. HK return on equity ratio is recorded as -62.60% and its return on assets is -21.70%. Halcon Resources Corp (NYSE:HK) yearly performance is -19.21%.

Equities research analysts at SunTrust lowered their price objective on shares of Midstates Petroleum Company (NYSE:MPO) from $12.00 to $9.00 in a research note issued to investors on Friday, ARN reports. SunTrust’s target price suggests a potential upside of 78.22% from the company’s current price. Midstates Petroleum Company Inc (NYSE:MPO) shares moved up 7.45% in last trading session and was closed at $5.91, while trading in range of $5.48-$5.98. Midstates Petroleum Company Inc (NYSE:MPO) year to date performance is -10.73%.

Comstock Resources (NYSE:CRK) was downgraded by equities research analysts at U.S. Capital Advisors from a “buy” rating to a “hold” rating in a research note issued to investors on Thursday,AnalystRatingsNetwork.com reports. They currently have a $22.00 price objective on the stock. U.S. Capital Advisors’ target price suggests a potential downside of 16.16% from the company’s current price.Comstock Resources Inc (NYSE:CRK) weekly performance is 12.53%. On last trading day company shares ended up $26.40. Comstock Resources Inc (NYSE:CRK) distance from 50-day simple moving average is 27.17%. Analysts mean target price for the company is $21.13.