Tag: Cobalt International Energy

  • Basic Material Gainers: Alpha Natural Resources (NYSE:ANR), Cobalt International Energy (NYSE:CIE), Energen Corporation (NYSE:EGN), CVR Refining LP (NYSE:CVRR)

    Alpha Natural Resources, Inc. (NYSE:ANR) continues to witness challenges with decreasing coal prices and oversupply. The Company has burned more cash compared to previous years that create an alarming state for the U.S. second largest coal producer. Considering the balance sheet position, Alpha can manage; however, increasing profitability pressure and high cash burn will further erode its liquidity. Alpha Natural Resources, Inc. (NYSE:ANR) shares after opening at $ 4.19 moved to $ 4.57 on last trade day and at the end of the day closed at $ 4.53. Company price to sales ratio in past twelve months was calculated as 0.20and price to cash ratio as 1.05. Alpha Natural Resources, Inc. (NYSE:ANR) showed a positive/negative weekly performance of 0.67%.

    Cobalt International Energy (NYSE:CIE)’s shares gapped up before the market opened on Thursday following a stronger than expected earnings report, AR Network reports. The company reported ($0.14) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.17) by $0.03. During the same quarter in the prior year, the company posted ($0.15) earnings per share. Cobalt International Energy, Inc. (NYSE:CIE) shares advanced 7.56% in last trading session and ended the day on $ 19.36. CIE return on equity ratio is recorded as -24.70% and its return on assets is -15.70%. Cobalt International Energy, Inc. (NYSE:CIE) yearly performance is -29.19%.

    Energen (NYSE:EGN) is set to issue its Q114 quarterly earnings data on Wednesday, April 30th. Analysts expect the company to announce earnings of $1.20 per share and revenue of $564.47 million for the quarter. Energen Corporation (NYSE:EGN) shares moved up 5.11% in last trading session and was closed at $ 81.89, while trading in range of $ 80.66 – 84.88. Energen Corporation (NYSE:EGN) year to date (YTD) performance is 15.98%.

    CVR Refining, LP (NYSE:CVRR), announced first quarter 2014 net income of $265.4 million on net sales of $2,375.3 million, compared to net income of $275.4 million on net sales of $2,274.0 million for the 2013 first quarter. Adjusted EBITDA, a non-GAAP financial measure, for the 2014 first quarter was $194.1 million compared to adjusted EBITDA of $309.9 million for the 2013 first quarter. CVR Refining LP (NYSE:CVRR) weekly performance is 7.36%. On last trading day company shares ended up $ 25.96. CVR Refining LP (NYSE:CVRR) distance from 50-day simple moving average (SMA50) is 13.54%. Analysts mean target price for the company is $ 26.33.