Oil & Gas Stocks Touched New Highs: Nabors Industries (NYSE:NBR), Advantage Oil & Gas (NYSE:AAV), Helmerich & Payne (NYSE:HP), PES

Nabors Industries (NYSE:NBR) shares reached a new 52-week high during trading on Tuesday after the company announced better than expected quarterly earnings, StockRatingsNetwork.com reports. The company traded as high as $25.47 and last traded at $25.23, with a volume of 10,760,825 shares. The stock had previously closed at $24.76. Nabors Industries Ltd.(NYSE:NBR) shares after opening at $24.76 moved to $25.47 on last trade day and at the end of the day closed at $25.23. Company price to sales ratio in past twelve months was calculated as 1.20 and price to cash ratio as 14.75. Nabors Industries Ltd. (NYSE:NBR) showed a positive weekly performance of 5.93%.

Advantage Oil & Gas Ltd. (USA)(NYSE:AAV) is pleased to report the unconsolidated financial and operating results (excludes Longview Oil Corp.) for the three months and year ended December 31, 2013. Advantage’s remaining non-core assets which had a production rate of approximately 5,600 boe/d were divested on April 30, 2013. As a result, financial and operating results during the second half of 2013 are more representative of our industry leading low cost pure play Montney development at Glacier. Advantage Oil & Gas Ltd (USA)(NYSE:AAV) shares advanced 2.98% in last trading session and ended the day on $5.88. AAV return on equity ratio is recorded as -0.30% and its return on assets is -0.20%. Advantage Oil & Gas Ltd (USA)(NYSE:AAV) yearly performance is 61.10%.

Investors in Helmerich & Payne, Inc. (NYSE: HP) saw new options begin trading for the December 20th expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 243 days until expiration the newly trading contracts represent a possible opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. Helmerich & Payne, Inc.(NYSE:HP) shares moved up O.11% in last trading session and was closed at $113.26 while trading in range of $112.14 – 113.58. Helmerich & Payne, Inc. (NYSE:HP) year to date (YTD) performance is 35.67%.

Pioneer Energy Services Corp (NYSE:PES) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a report issued on Wednesday, Stock Ratings Network.com reports. The firm currently has a $14.50 price target on the stock. Zacks‘s price target suggests a potential upside of 4.28% from the stock’s previous close. Pioneer Energy Services Corp (NYSE:PES) weekly performance is 6.75%. On last trading day company shares ended up $14.39. Pioneer Energy Services Corp (NYSE:PES) distance from 50-day simple moving average (SMA50) is 22.29%. Analysts mean target price for the company is $12.63.