On May 27, FX Energy, Inc. (NASDAQ:FXEN) announced that the Company will make a presentation at The First Global Energy & Resources Conference inWarsaw on Monday, June 2, 2014. The presentation is scheduled for 10:00 a.m. Warsaw, Poland; 2:00 a.m. Eastern Time in the United States. A link to the webcast will be available on the homepage of the FX Energy website at www.fxenergy.com. For those unable to participate during the live webcast, the presentation will also be available for replay on the Company’s website.FX Energy, Inc. (NASDAQ:FXEN) net profit margin is -37.00% and weekly performance is -10.60%. On last trading day company shares ended up $3.88. Analysts mean target price for the company is $7.09. FX Energy, Inc. (NASDAQ:FXEN) distance from 50-day simple moving average (SMA50) is -6.35%.
Royale Energy, Inc. (NASDAQ:ROYL) announced that it has entered into a contract for a drilling rig to drill its recently announced North Slope Alaska shale oil play and the large 3D conventional target announced last week. Kuukpik Drill will provide Rig Number 5 for the full 2014-2015 winter season to drill two wells designed to test both the conventional target as well as the shale sequence. Royale Energy, Inc. (NASDAQ:ROYL) shares fell -1.63% in last trading session and ended the day on $3.01. Gross Margin is 61.50% and its return on assets is 13.40%. Royale Energy, Inc. (NASDAQ:ROYL) quarterly performance is 5.24%.
On May 16, Roth Capital initiated coverage on shares of Magellan Petroleum Corporation (NASDAQ:MPET) in a research note released on Thursday morning,AnalystRatingsNetwork.com reports. The firm issued a buy rating and a $4.50 target price on the stock. Magellan Petroleum Corporation (NASDAQ:MPET) shares moved down -6.53% in last trading session and was closed at $1.86, while trading in range of $1.82 – $2.00. Magellan Petroleum Corporation (NASDAQ:MPET) year to date (YTD) performance is 80.58%.
On May 8, Apco Oil and Gas International Inc. (NASDAQ:APAGF) announced that for the three-month period ended March 31, 2014, it generated unaudited net income attributable to Apco of $3.1 million, or $0.10 per share, compared with net income of $9.9 million, or $0.34 per share for the same period in 2013. Net income decreased quarter-to-quarter due to the combination of lower operating revenues, higher operating costs and expenses, and lower equity income. Apco’s 2014 results reflect the impact of a 23 percent devaluation of the Argentine peso during the first quarter. Apco Oil and Gas International Inc (NASDAQ:APAGF) ended the last trading day at $13.78. Company weekly volatility is calculated as 5.09% and price to cash ratio as 10.32. Apco Oil and Gas International Inc (NASDAQ:APAGF) showed a positive weekly performance of 5.19%.
On May 15, New Concept Energy, Inc. (NYSEMKT:GBR) a Dallas- based oil and gas company, reported net loss for the three months ended March 31, 2014 of $40,000 or $0.02 per share, compared to a net income of $31,000 or $(0.02) per share for the three months ended March 31, 2013. The Company recorded revenues of $725,000 for the three months ended March 31, 2014 from its retirement property compared to $680,000 for the comparable period in 2013. The increase was due principally due to rate increases. New Concept Energy, Inc. (NYSEMKT:GBR) net profit margin is 7.10% and weekly performance is -7.23%. On last trading day company shares ended up $2.31. New Concept Energy, Inc. (NYSEMKT:GBR) distance from 50-day simple moving average (SMA50) is 9.86%.
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