Shares of QEP Resources Inc (NYSE:QEP) Resources closed down about 10% on Wednesday on nearly 22 million shares traded. The stock was one of the biggest decliners on the NYSE and hit a new 52-week low of $25.93 during intra-day trading. The stock dropped after the company posted a wider-than-expected net loss. QEP Resources reported a quarterly net loss of $52 million, or 29 cents a share, compared to a net loss of $23.1 million, or 13 cents a share, in the year-ago quarter. Adjusted earnings before interest, tax, depreciation and amortization (EBITDA) was $377.1 million, 3.3% lower than a year earlier. Excluding one-time charges, the company earned 17 cents a share. Analysts surveyed by Thomson Reuters had forecast 40 cents a share. Revenue was 1.5% higher than a year earlier to $715.5 million, but also fell short of consensus of $767.8 million. QEP Resources Inc (NYSE:QEP) stock opened at $27.71 in last session, and closed at $28.81, while the day range of QEP stock is $25.93-$29.02.The stock showed a negative weekly performance of -9.94%.
Halcon Resources Corp (NYSE:HK) traded down 5.1% on Wednesday following a weaker than expected earnings announcement, Analyst Ratings.Net reports. The Halcon Resources Corp traded as low as $3.82 and last traded at $3.90, with a volume of 8,522,804 shares changing hands. The stock had previously closed at $4.11. Halcon Resources Corp (NYSE:HK) stock opened at $3.95, in last session and closed at $3.86, by loosed -6.08 %.The 52 week range was $3.16-$8.12.Company’s market capitalization is $1.60 billion.
Allied Nevada Gold Corp. (NYSEMKT:ANV)’s shares gained after prices of gold firmed up. Gold prices climbed up on federal worries and weak data about the economy. The other news that the Allied Nevada Gold Corp. will be divesting from two mining operations for a total of $30 million also enthused investors. Gold had a very bad run in 2013 even though the traditional catalysts for gold demand remained in force. Demand for gold picks up during very weak macro economic conditions as investors park their funds in this safe haven. Allied Nevada Gold Corp. (NYSEMKT:ANV) stock loosed -5.89% and finished the last session at $4.95.The EPS of the stock remained 0.35.Company’s market capitalization is $515.01 million.
Gulfport Energy Corp. (NASDAQ:GPOR) will release its Q413 earnings data on Wednesday, February 26th. Analysts expect Gulfport Energy Corp. to post earnings of $0.18 per share and revenue of $90.35 million for the quarter. Gulfport Energy Corporation (NASDAQ:GPOR) stock opened the session at $64.12, and closed the session at $59.93.The 52 week range of the GPOR stock remained $35.24-$69.81 and the day range was $59.86-$64.24.