The exploration and production company Marathon Oil Corporation (NYSE:MRO) said on Monday that it would sell its North Sea oil business in Norway to a Norwegian oil producer for $2.1 billion in cash. Marathon Oil Corporation (NYSE:MRO) net profit margin is 17.50% and weekly performance is 1.43%. On last trading day company shares ended up $36.81. Analysts mean target price for the company is $42.67. Marathon Oil Corporation (NYSE:MRO) distance from 50-day simple moving average is 3.08%.
The U.S natural gas, Chesapeake Energy Corporation (NYSE:CHK), explorer has its fingers crossed on the possibility of raising more than $4 billion from the spin-off of its oilfield services division. Asset sales and divestitures are expected to allow the company cut its debt by $3 billion this year with production expected to drop by 2%. Growth rate is consequently expected to slow by between 7 and 10% next year, due to asset sales. Chesapeake Energy Corporation (NYSE:CHK) shares fell -0.20% in last trading session and ended the day on $29.25. CHK Gross Margin is 88.70% and its return on assets is 2.00%. Chesapeake Energy Corporation (NYSE:CHK) quarterly performance is 14.35%.
EXCO Resources (NYSE:XCO) has earned an average rating of “Hold” from the nine analysts that are currently covering the stock. Four investment analysts have rated the stock with a sell recommendation and four have assigned a hold recommendation to the company. EXCO Resources Inc (NYSE:XCO) shares moved down -1.17% in last trading session and was closed at $5.06, while trading in range of $5.05-$5.25. EXCO Resources Inc (NYSE:XCO) year to date performance is -2.88%.
Southwestern Energy Company (NYSE:SWN)‘s stock had its “sector perform” rating reiterated by investment analysts at Iberia Capital in a note issued to investors on Thursday. They currently have a $45.00 price objective on the stock. Southwestern Energy Company (NYSE:SWN) ended the last trading day at $46.46. Company weekly volatility is calculated as 1.89% and price to cash ratio as 877.20. Southwestern Energy Company (NYSE:SWN) showed a positive weekly performance of 3.52%.
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