SandRidge Energy Inc. (NYSE:SD) has received a subpoena as part of an investigation to possible antitrust violations during lease or purchase of oil, land or natural gas rights. Sand Ridge Energy Inc. (NYSE:SD) shares after opening at $6.84 moved to $7.10 on last trade day and at the end of the day closed at $7.02. Company price to sales ratio in past twelve months was calculated as 1.75 and price to cash ratio as 4.27. Sand Ridge Energy Inc.(NYSE:SD) showed a positive weekly performance of 9.86%.
Petroleo Brasileiro Petrobras SA (NYSE:PBR), with its headquarters in Rio de Janeiro is a significant oil producer run by state. Petrobras’s plants currently have a surplus capacity of 1.4 gigawatts of thermoelectric Power to be sold to Brazilian Distributors as per EricoEvaristo, CEO of Bolt Comercializadora. As per an energy trading company, the bidding organized on April 30 can fulfill half the requirements of Brazilian Distributors as Petrobas has a huge surplus of electricity. Petroleo Brasileiro Petrobras SA (ADR)(NYSE:PBR) shares advanced 0.29% in last trading session and ended the day on $13.64. PBR return on equity ratio is recorded as 7.60% and its return on assets is 3.60%. Petroleo Brasileiro Petrobras SA (ADR)(NYSE:PBR) yearly performance is -18.37%.
Shares of Noble Co. New Common Stock – Switzerland (NYSE:NE) were the target of a large increase in short interest during the month of January. As of March 31st, there was short interest totalling 12,229,824 shares, an increase of 78.9% from the March 14th total of 6,837,119 shares, Analyst Ratings Network reports. Based on an average daily trading volume, of 4,006,273 shares, the short-interest ratio is currently 3.1 days. Approximately 4.8% of the company’s shares are sold short. Noble Corporation New Common Stock – Switzerland (NYSE:NE) shares moved up 2.08% in last trading session and was closed at $30.95, while trading in range of $ 30.31 – 31.03. Noble Corporation New Common Stock – Switzerland NYSE:NE) year to date (YTD) performance is -16.37%.
Halcon Resources Corp (NYSE:HK)‘s stock had its “equal weight” rating reiterated by investment analysts at Barclays in a note issued to investors on Wednesday, Analyst Ratings Network.com reports. They currently have a $5.00 price target on the stock. Barclays’ price objective points to a potential downside of 4.03% from the stock’s previous close. Halcon Resources Corp (NYSE:HK) weekly performance is 3.29%. On last trading day company shares ended up $5.33. Halcon Resources Corp (NYSE:HK) distance from 50-day simple moving average (SMA50) is 29.41%. Analysts mean target price for the company is $5.03.
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