Commodity producers including Vale SA (VALE5) and Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) led declines in Brazil’s Ibovespa and the real fell the most among 31 major currencies. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) shares after opening at $13.59 moved to $13.61 on last trade day and at the end of the day closed at $13.50. Company price to sales ratio in past twelve months was calculated as 0.63 and price to cash ratio as.3.44 showed a negative weekly performance of -3.64%.
SandRidge Mississippian Trust II (NYSE:SDR) announced a quarterly dividend on Thursday, April 24th,Analyst Ratings News reports. Shareholders of record on Thursday, May 15th will be paid a dividend of 0.559 per share on Friday, May 30th. SandRidge Mississippian Trust II is a statutory trust formed to own overriding royalty interests to be conveyed to the trust by SandRidge Energy, Inc (NYSE:SD) in 67 producing horizontal wells, including 13 wells, which are awaiting completion (the Producing Wells), in the Mississippian formation in northern Oklahoma and southern Kansas, and overriding royalty interests in 206 horizontal development wells (The Development Wells) to be drilled in the Mississippian formation (the Development Wells) on properties within an Area of Mutual Interest (the AMI).SandRidge Energy Inc. (NYSE:SD) shares fell -3.62% in last trading session and ended the day on $6.66. SandRidge Energy Inc. (NYSE:SD) return on equity ratio is recorded as -59.50% and its return on assets is -14.30%. SandRidge Energy Inc. (NYSE:SD) yearly performance is 39.33%.
Halcon Resources Corp (NYSE:HK)‘s stock had its “equal weight” rating reiterated by equities researchers at Barclays in a research report issued on Wednesday, Stock Ratings Network.com reports. They currently have a $5.00 price target on the stock. Halcon Resources Corp (NYSE:HK) shares moved up 0.37% in last trading session and was closed at $5.43 while trading in range of $5.22 – $5.54 year to date (YTD) performance is 40.67%.
US shale oil companies are on fire! Oasis Petroleum (NYSE:OAS) is considered overbought. Kodiak Oil & Gas Corporation (NYSE:KOG), another shale oil play, is also dangerously close to theoretical high prices. Both Kodiak Oil & Gas Corp (USA) (NYSE:KOG) and OAS are trading almost two standard deviations above their mean, a highly unusual advance statistically speaking. Kodiak Oil & Gas Corp (USA) (NYSE:KOG) weekly performance is 5.35%. On last trading day company shares ended up $12.81. Kodiak Oil & Gas Corp (USA) (NYSE:KOG) distance from 50-day simple moving average (SMA50) is 8.19%. Analysts mean target price for the company is $14.87.
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