Oil & Gas Stocks In News: Weatherford International (NYSE:WFT), BP plc (NYSE:BP), Statoil ASA (NYSE:STO), Laredo Petroleum (NYSE:LPI)

Weatherford International Ltd (NYSE:WFT) has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. This company has reported somewhat volatile earnings recently. Weatherford International Ltd (NYSE:WFT) shares after opening at $17.54 moved to $18.28 on last trade day and at the end of the day closed at $18.20. Company price to sales ratio in past twelve months was calculated as 0.92 and price to cash ratio as 32.27. Weatherford International Ltd (NYSE:WFT) showed a positive weekly performance of 5.69%.

Shares of BP plc (ADR) (NYSE:BP) have received an average rating of “Buy” from the eighteen brokerages that are currently covering the company, AR Network reports. Nine equities research analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $54.20. BP plc (ADR) (NYSE:BP) shares advanced 1.30% in last trading session and ended the day on $48.39. BP return on equity ratio is recorded as 18.10% and its return on assets is 7.60%. BP plc (ADR) (NYSE:BP) yearly performance is 26.38%.

The shares purchased by DNB on behalf of Statoil ASA (NYSE:STO) on 15 April 2014 for use in the group’s share saving plan have on 16 April 2014 been distributed to the employees in accordance with their savings amount. Statoil ASA (ADR) (NYSE:STO) shares moved up 0.56% in last trading session and was closed at $28.92, while trading in range of $28.84 – $29.10. Statoil ASA (ADR) (NYSE:STO) year to date (YTD) performance is 19.85%.

Robert W. Baird started coverage on shares of Laredo Petroleum (NYSE:LPI) in a research report released on Tuesday morning, TheFlyOnTheWall.com reports. The firm issued an outperform rating and a $35.00 price objective on the stock. The analysts noted that the move was a valuation call. Laredo Petroleum Inc. (NYSE:LPI) weekly performance is 7.19%. On last trading day company shares ended up $28.92. Laredo Petroleum Inc. (NYSE:LPI) distance from 50-day simple moving average (SMA50) is 11.34%. Analysts mean target price for the company is $33.10.