News Buzz: NetEase, Inc (ADR) (NASDAQ:NTES), Basic Energy Services, Inc (NYSE:BAS), Penn Virginia Corporation (NYSE:PVA), Northern Oil & Gas, Inc. (NYSEMKT:NOG)

NetEase, Inc (ADR) (NASDAQ:NTES) is set to post its Q114 quarterly earnings results on Wednesday, May 14th. Analysts expect NetEase, Inc (ADR) to post earnings of $1.40 per share and revenue of $391.02 million for the quarter. NetEase, Inc (ADR) (NASDAQ:NTES) net profit margin is 48.30% and weekly performance is %. On last trading day company shares ended up $71.04. Analysts mean target price for the company is $79.35. NetEase, Inc (ADR) (NASDAQ:NTES) distance from 50-day simple moving average (SMA50) is 3.94%.

Basic Energy Services, Inc. (NYSE:BAS) reported selected operating data for the month of April 2014. Basic’s well servicing rig count remained unchanged at 421. Well servicing rig hours for the month were 71,300 producing a rig utilization rate of 70%, compared to 75% and 70% in March 2014 and April 2013, respectively. Basic sold four inland barge workover rigs on March 31, 2014, and the number of rigs, rig hours and rig utilization rate for April 2013 and March 2014 have been recalculated as if those four rigs had been sold for those periods. Basic Energy Services, Inc (NYSE:BAS) shares advanced 0.15% in last trading session and ended the day on $25.98. Gross Margin is 31.40% and its return on assets is -3.30%. Basic Energy Services, Inc (NYSE:BAS) quarterly performance is 37.24%.

A total of 175,100 shares were bought and 70,770 shares were sold forming a bought/sold ratio of 2.47 for Penn Virginia Corporation (NYSE:PVA). A deeper look into options trading also reveals that traders hedged their positions with options where 3,702 put and 6,413 call contracts exchanged hands leading to a 0.58 put/call ratio. Penn Virginia Corporation is engaged in the development, exploration and production of natural gas and oil in various domestic onshore regions including East Texas, the Mid-Continent, Appalachia, Mississippi and the Gulf Coast. Penn Virginia Corporation (NYSE:PVA) shares moved down -2.64% in last trading session and was closed at $14.37, while trading in range of $14.34 – $15.25. Penn Virginia Corporation (NYSE:PVA) year to date (YTD) performance is 52.39%.

Northern Oil and Gas, Inc. (NYSEMKT:NOG) announced 2014 first quarter results. Northern’s Adjusted Net Income for the first quarter of 2014 was $11.4 million, or $0.19 per diluted share. Adjusted Net Income excludes the impact of non-cash gains and losses on the mark-to-market of derivative instruments. GAAP net income for the first quarter of 2014 was $6.6 million, or $0.11 per diluted share. Adjusted EBITDA for the first quarter of 2014 was $65.1 million. Northern Oil & Gas, Inc. (NYSEMKT:NOG) ended the last trading day at $15.01 . Company weekly volatility is calculated as 3.66% and price to cash ratio as 160.58. Northern Oil & Gas, Inc. (NYSEMKT:NOG) showed a negative weekly performance of -0.86%.

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