Tag: Encana Corporation

  • Basic Material New Highs: Nabors Industries Ltd. (NYSE:NBR), Cheniere Energy (NYSEMKT:LNG), Schlumberger Limited. (NYSE:SLB), Encana Corporation (NYSE:ECA)

    Stock analysts at Susquehanna raised their target price on shares of Nabors Industries (NYSE:NBR) from $25.00 to $29.00 in a report issued on Monday, Analyst Ratings Network reports. Susquehanna’s price target would indicate a potential upside of 16.65% from the company’s current price. Nabors Industries Ltd. (NYSE:NBR) shares after opening at $25.00on last trade day and at the end of the day closed at $24.03. Company price to sales ratio in past twelve months was calculated as 1.14 and price to cash ratio as 13.99. Nabors Industries Ltd. (NYSE:NBR) showed a positive weekly performance of 2.26%.

    Cheniere Energy (NYSE:LNG) was the recipient of a large growth in short interest during the month of January. As of March 14th, there was short interest totalling 14,580,614 shares, a growth of 2.7% from the February 28th total of 14,203,235 shares, Analyst Ratings Net reports. Based on an average daily volume of 3,252,054 shares, the days-to-cover ratio is currently 4.5 days. Approximately 6.7% of the shares of the company are short sold. Cheniere Energy, Inc. (NYSEMKT:LNG) shares advanced 0.11% in last trading session and ended the day on $54.45. LNG return on equity ratio is recorded as -153.80% and its return on assets is -5.20%. Cheniere Energy, Inc. (NYSEMKT:LNG) yearly performance is 106.48%.

    Equities research analysts at Guggenheim boosted their target price on shares of Schlumberger Limited. (NYSE:SLB) from $102.00 to $105.00 in a research note issued to investors on Friday, American Banking & Market News reports. Guggenheim’s target price would indicate a potential upside of 14.19% from the stock’s previous close. Schlumberger Limited. (NYSE:SLB) shares moved down -0.14% in last trading session and was closed at $95.43, while trading in range of $95.36 – $96.43. Schlumberger Limited. (NYSE:SLB) year to date (YTD) performance is 6.38%.

    Chesapeake Energy Corp. and Encana Corporation (USA) (NYSE:ECA)’s U.S. division pleaded not guilty on Wednesday to colluding in Michigan oil and gas lease sales. The pleas were entered in Michigan’s 89th District Court in Cheboygan (People v. Chesapeake Energy Corp., No. 14-0140-F4, and People v. Encana Oil & Gas USA Inc., No. 14-0141-F4). Encana Corporation (USA) (NYSE:ECA) weekly performance is 3.36%. On last trading day company shares ended up $20.89. Encana Corporation (USA) (NYSE:ECA) distance from 50-day simple moving average (SMA50) is10.50%. Analysts mean target price for the company is $20.96.