The aluminium firm Inc. (NYSE:AA) Alcoa headquartered in Pittsburgh, has signed a long-term agreement to supply aluminium sheet with Spirit AeroSystems Inc. in a five-year contract valued at nearly $290 million. Under the agreement, Alcoa’s Davenport, Iowa, facility will provide Spirit with aluminium sheet products for fuselage skins. Alcoa Inc. (NYSE:AA) shares after opening at $13.53 moved to $13.53 on last trade day and at the end of the day closed at $13.31. Company price to sales ratio in past twelve months was calculated as 0.69 and price to cash ratio as 23.46. Alcoa Inc. (NYSE:AA) showed a negative weekly performance of -0.97%.
Chesapeake Energy Corp. (NYSE:CHK)’s Doug Lawler may take the company he inherited from founder Aubrey McClendon to the one place his deals-obsessed predecessor never wanted to go: overseas. Speaking to a hometown crowd at a Rotary Club lunch in Oklahoma City last month, Lawler stood next to a map of the world sprinkled with green dots marking drilling prospects from Australia to China to Africa to Latin America. Extending Chesapeake’s reach overseas would mark a stark contrast to the growth strategy pursued by McClendon, who in a 2012 interview ruled out foreign exploration. Chesapeake Energy Corporation (NYSE:CHK) shares advanced 0.14% in last trading session and ended the day on $28.35. CHK return on equity ratio is recorded as 3.80% and its return on assets is 1.20%. Chesapeake Energy Corporation (NYSE:CHK) yearly performance is 47.89%.
Onshore specialist EOG Resources Inc. (NYSE:EOG) has moved four horizontal plays into drilling mode from exploration in the Denver-Julesburg (DJ) and Powder River basins (PRB), joining a pot of development efforts ongoing in the Eagle Ford and Bakken shales and the Permian Basin. EOG Resources Inc. (NYSE:EOG) shares moved up 4.41% in last trading session and was closed at $103.63, while trading in range of $101.84 – $106.50. EOG Resources Inc. (NYSE:EOG) year to date (YTD) performance is 23.78%.
Anadarko Petroleum Corporation (NYSE:APC) announced its financial and operating results for the first quarter of 2014, including a first-quarter net loss attributable to common stockholders of $2.669 billion, or $5.30 per share (diluted). Anadarko Petroleum Corporation (NYSE:APC) weekly performance is 2.61%. On last trading day company shares ended up $102.73. Anadarko Petroleum Corporation (NYSE:APC) distance from 50-day simple moving average (SMA50) is 13.63%. Analysts mean target price for the company is $113.35.