Newpark Resources, Inc. (NYSE:NR) announced results for its first quarter ended March 31, 2014. Total revenues for the first quarter of 2014 were $242.8 million compared to $246.9 million in the fourth quarter of 2013 and $267.9 million in the first quarter of 2013. Income from continuing operations for the first quarter of 2014 was $11.7 million, or $0.13 per diluted share, compared to $10.5 million, or $0.11 per diluted share, in the fourth quarter of 2013, and $14.9 million, or $0.16 per diluted share, in the first quarter of 2013. Newpark Resources Inc (NYSE:NR) shares after opening at $11.60 moved to $12.65 on last trade day and at the end of the day closed at $12.24. Company price to sales ratio in past twelve months was calculated as 1.01 and price to cash ratio as 15.92. Newpark Resources Inc (NYSE:NR) showed a positive weekly performance of 2.09%.
VOC Energy Trust (NYSE:VOC) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research report issued on Tuesday. The firm currently has a $15.80 target price on the stock. Zacks‘s price target would suggest a potential upside of 2.66% from the company’s current price. VOC Energy Trust (NYSE:VOC) shares advanced 1.43% in last trading session and ended the day on $15.59. VOC return on equity ratio is recorded as 23.20% and its return on assets is 23.20%. VOC Energy Trust (NYSE:VOC) yearly performance is 24.62%.
New Source Energy Partners L.P., a Delaware limited partnership (NYSE:NSLP), announced that it has priced its public offering of 3,000,000 common units representing limited partner interests. New Source has also granted the underwriters a 30-day option to purchase up to 450,000 additional common units. The offering size was increased to 3,000,000 common units from 2,800,000 common units. The common units were offered to the public at $23.25 per unit. The offering is expected to settle and close on April 29, 2014, subject to customary closing conditions. New Source expects to use all of the net proceeds from the offering to repay a portion of the indebtedness outstanding under its revolving credit facility. New Source Energy Partners LP (NYSE:NSLP) shares moved down 0.56% in last trading session and was closed at $23.38, while trading in range of $23.23-$23.45. New Source Energy Partners LP (NYSE:NSLP) year to date performance is 2.45%.
Forum Energy Technologies, Inc. (NYSE: FET) announced first quarter 2014 revenue of $404 million compared to $373 million for the first quarter 2013. Net income for the first quarter 2014 was $37 million or $0.38 per diluted share compared to $32 million or $0.34 per diluted share for the prior year period. Included in the first quarter 2014 results were $0.02 per share of non-operational items. Excluding these items, adjusted diluted earnings per share were $0.40. See table I for a reconciliation of GAAP to non-GAAP financial information. Forum Energy Technologies Inc (NYSE:FET) weekly performance is 4.23%. On last trading day company shares ended up $32.06. Forum Energy Technologies Inc (NYSE:FET) distance from 50-day simple moving average is 11.59%. Analysts mean target price for the company is $32.40.