Tag: BPZ

  • Oil & Gas Drilling & Exploration: Nabors Industries (NYSE:NBR), Patterson-UTI Energy (NASDAQ:PTEN), BPZ Resources (NYSE:BPZ), Helmerich & Payne (NYSE:HP)

    Nabors Industries Ltd. (NYSE:NBR) said Tuesday its former chairman and CEO died over the weekend. Eugene Isenberg, who led the company from 1987 until late 2011, died on March 16. Nabors Industries Ltd. (NYSE:NBR) shares after opening at $23.23 moved to $23.71 on last trade day and at the end of the day closed at $23.50. Company price to sales ratio in past twelve months was calculated as 1.11 and price to cash ratio as 13.68. Nabors Industries Ltd. (NYSE:NBR) showed a positive weekly performance of 5.33%.

    Patterson-UTI Energy (NASDAQ:PTEN) was upgraded by analysts at Goldman Sachs from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Monday, TheFlyOnTheWall.com reports. The firm currently has a $37.00 price objective on the stock, up from their previous price objective of $28.50. Goldman Sachs’ price objective points to a potential upside of 20.60% from the company’s current price. Patterson-UTI Energy, Inc. (NASDAQ:PTEN) shares advanced 1.16% in last trading session and ended the day on $31.03. PTEN return on equity ratio is recorded as 9.00% and its return on assets is 5.20%. Patterson-UTI Energy, Inc. (NASDAQ:PTEN) yearly performance is 27.74%.

    BPZ Resources, Inc. (NYSE:BPZ) is focused on the exploration, development and production of oil and natural gas in Peru and Ecuador. The Company also intends to utilize part of its natural gas production as a supply source for the complementary development of a gas-fired power generation facility in Peru. BPZ Resources Inc. (NYSE:BPZ) shares moved up 1.98% in last trading session and was closed at $3.09, while trading in range of $3.00 – $3.16. BPZ Resources Inc. (NYSE:BPZ) year to date (YTD) performance is 69.78%.

    Helmerich & Payne (NYSE:HP) stock had its “outperform” rating reaffirmed by Zacks in a report released on Friday, ARN reports. They currently have a $116.00 price target on the stock. Zacks‘s price target would suggest a potential upside of 17.12% from the company’s current price. Helmerich & Payne, Inc. (NYSE:HP) weekly performance is 4.51%. On last trading day company shares ended up $102.84. Helmerich & Payne, Inc. (NYSE:HP) distance from 50-day simple moving average (SMA50) is 13.33%. Analysts mean target price for the company is $96.91.