Tag: BHP Billiton

  • BAsic Material New Highs: Cheniere Energy (NYSEMKT:LNG), Key Energy Services (NYSE:KEG), BHP Billiton (NYSE:BHP), Gulfport Energy (NASDAQ:GPOR)

    Cheniere Energy (NYSEMKT:LNG) was downgraded by analysts at Credit Suisse from an outperform rating to a neutral rating. Credit Suisse currently has $65.00 price target on the stock. Cheniere Energy, Inc. (NYSEMKT:LNG) shares after opening at $57.90 moved to $59.35 on last trade day and at the end of the day closed at $59.27. Company price to sales ratio in past twelve months was calculated as 52.82 and price to cash ratio as 14.69. Cheniere Energy, Inc. (NYSEMKT:LNG) showed a positive weekly performance of 2.77%.

    Analysts at SunTrust boosted their price target on shares of Key Energy Services (NYSE:KEG) from $11.00 to $13.00 in a research report issued to clients and investors on Friday, AnalystRatingsNetwork reports. SunTrust’s price target points to a potential upside of 43.17% from the stock’s previous close. Key Energy Services, Inc. (NYSE:KEG) shares advanced 3.79% in last trading session and ended the day on $9.85. KEG return on equity ratio is recorded as -1.70% and its return on assets is -0.80%.  Key Energy Services, Inc. (NYSE:KEG) yearly performance is 27.26%.

    BHP Billiton Limited (ADR) (NYSE:BHP) the world’s biggest miner, is bullish on coal demand, expecting it to remain strong for the next 20 years. Speaking at a Committee for Economic Development of Australia (CEDA) meeting on Wednesday, BHP’s global coal business president, Dean Dalla Valle, said he thinks the demand for energy and metallurgical coal will grow in the coming years, with excess supply exerting downward pressure on coal prices. BHP Billiton Limited (ADR) (NYSE:BHP) shares moved up 1.26% in last trading session and was closed at $72.40 while trading in range of $71.46 – $72.40 – BHP Billiton Limited (ADR) (NYSE:BHP) year to date (YTD) performance is 8.01%.

    Gulfport Energy Corp. (NASDAQ:GPOR) plans capital expenditures in the Utica shale play up to $634 million on its 167,700 acres this year,  it said in an investor presentation. It plans just up to $91 million in its other two locations in Louisiana and Canada. Gulfport Energy Corporation (NASDAQ:GPOR) weekly performance is 0.94%. On last trading day company shares ended up $73.28.  Gulfport Energy Corporation (NASDAQ:GPOR) distance from 50-day simple moving average (SMA50) is 13.65%. Analysts mean target price for the company is $77.68.