Basic Materials New Highs: Suncor Energy (NYSE:SU), Encana Corporation (NYSE:ECA), Anadarko Petroleum Corporation (NYSE:APC), EOG Resources (NYSE:EOG), Patterson-UTI Energy(NASDAQ:PTEN)

On 12 JUNE Suncor Energy Inc. (USA) (NYSE:SU) reported $1.11 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.92 by $0.19. On average, analysts predict that Suncor Energy will post $3.90 earnings per share for the current fiscal year. Suncor Energy Inc. (USA) (NYSE:SU) net profit margin is 13.30% and weekly performance is 8.93%. On last trading day company shares ended up $42.69. Analysts mean target price for the company is $48.35. Suncor Energy Inc. (USA) (NYSE:SU) distance from 50-day simple moving average (SMA50) is 12.34%.

On 12 JUNE Encana Corporation (USA) (NYSE:ECA) issued its Sustainability Report 2013. The report highlighted the environmental, social and governance (ES&G) performance of the company for the past financial year. The last year saw many significant changes made to the company, which included the appointment of a new CEO and President for the company and a new corporate strategy. The report highlights the challenges for the company, its achievements and the opportunities the company faces as it strives to establish itself as the leading company in North America. Encana Corporation (USA) (NYSE:ECA) shares advanced 2.26% in last trading session and ended the day on $24.42. ECA Gross Margin is 89.20% and its return on assets is 4.40%. Encana Corporation (USA) (NYSE:ECA) quarterly performance is 21.07%.

Anadarko Petroleum Corporation (NYSE: APC) said it will host a conference call on Wednesday, July 30, 2014, at 8 a.m. CDT (9 a.m. EDT) to discuss its second-quarter 2014 financial and operating results. Earnings will be released after close of market on Tuesday, July 29. Anadarko Petroleum Corporation (NYSE:APC) shares moved up 1.52% in last trading session and was closed at $109.37, while trading in range of $106.26 – $109.42. Anadarko Petroleum Corporation (NYSE:APC) year to date (YTD) performance is 38.55%.

On 12 JUNE EOG Resources Inc (NYSE:EOG) declared a quarterly dividend, which is scheduled for Thursday, July 31st. Stockholders of record on Thursday, July 17th will be given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 0.45%. The ex-dividend date of this dividend is Tuesday, July 15th. EOG Resources Inc (NYSE:EOG) ended the last trading day at $114.02. Company weekly volatility is calculated as 2.04% and price to cash ratio as 37.38. EOG Resources Inc (NYSE:EOG) showed a positive weekly performance of 4.30%.

On 9 JUNE Patterson-UTI Energy, Inc. (NASDAQ:PTEN) said it will begin trading ex-dividend on June 10, 2014. A cash dividend payment of $0.1 per share is scheduled to be paid on June 26, 2014. Shareholders who purchased PTEN stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 100% increase over the same period a year ago. Patterson-UTI Energy, Inc. (NASDAQ:PTEN) net profit margin is 8.10% and weekly performance is 1.94%. On last trading day company shares ended up $34.11. Analysts mean target price for the company is $35.18. Patterson-UTI Energy, Inc. (NASDAQ:PTEN) distance from 50-day simple moving average (SMA50) is 5.22%.

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