Equities research analysts at Howard Weil lifted their price objective on shares of ConocoPhillips (NYSE:COP) from $73.00 to $75.00 in a research note issued to investors on Wednesday, AnalystRatings.Net reports. The firm currently has a “hold” rating on the stock. Howard Weil’s target price points to a potential upside of 2.82% from the company’s current price. ConocoPhillips (NYSE:COP) shares after opening at $73.38 moved to $73.87 on last trade day and at the end of the day closed at $73.78. Company price to sales ratio in past twelve months was calculated as 1.55 and price to cash ratio as 13.90. ConocoPhillips (NYSE:COP) showed a positive weekly performance of 3.13%.
Chevron Corporation (NYSE:CVX) warned that its fiscal 2014 first quarter earnings will be weaker than the fiscal 2013 fourth quarter. The company cited impact from foreign exchange rates and charges related to the mining unit. On that basis, the company expects to suffer $100 million in relation to the unfavorable foreign exchange rates in the first quarter. In the fourth quarter of fiscal 2013, the company benefited from favorable currency exchange rates, reporting $200 million positive impact. Chevron Corporation (NYSE:CVX) shares advanced 1.27% in last trading session and ended the day on $121.83. CVX return on equity ratio is recorded as 14.90% and its return on assets is 8.70%. Chevron Corporation (NYSE:CVX) yearly performance is 9.73%.
Marathon Oil Corporation (NYSE:MRO) (Closed at $35.27, Up 1.06%) opened positive and traded with positive bias the whole trading session and settled positive. There was a continuous flow of volumes during the day with considerable buying interest. There is lack of news in the stock from the past six months and the stock has been sideways since last one and half year in the range of $29 and $38. Marathon Oil Corporation (NYSE:MRO) shares moved up 1.59% in last trading session and was closed at $36.47, while trading in range of $35.92-$36.47. Marathon Oil Corporation (NYSE:MRO) year to date performance is 3.90%.
Apache (NYSE:APA) has earned a consensus recommendation of “Hold” from the twenty-nine analysts that are presently covering the company, ARN reports. Sixteen equities research analysts have rated the stock with a hold recommendation and twelve have issued a buy recommendation on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $99.79 Apache Corporation (NYSE:APA) weekly performance is 0.62%. On last trading day company shares ended up $84.17. Apache Corporation (NYSE:APA) distance from 50-day simple moving average is 3.19%. Analysts mean target price for the company is $97.72.
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