Nabors Industries (NYSE:NBR) was upgraded by investment analysts at Credit Suisse from an “underperform” rating to a “neutral” rating in a note issued to investors on Tuesday, TheFlyOnTheWall.com reports. The firm currently has a $22.00 target price on the stock, up from their previous target price of $12.00. Credit Suisse’s price target suggests a potential downside of 6.38% from the stock’s previous close. Nabors Industries Ltd. (NYSE:NBR) shares after opening at $23.75 on last trade day and at the end of the day closed at $23.57. Company price to sales ratio in past twelve months was calculated as 1.11 and price to cash ratio as 13.72. Nabors Industries Ltd. (NYSE:NBR) showed a positive weekly performance of 7.14%.
Helmerich & Payne (NYSE:HP) Director Hans Helmerich unloaded 40,000 shares of the stock on the open market in a transaction dated Friday, March 14th. The stock was sold at an average price of $97.82, for a total transaction of $3,912,800.00. Following the transaction, the director now directly owns 801,173 shares of the company’s stock, valued at approximately $78,370,743. Helmerich & Payne, Inc. (NYSE:HP) shares advanced 2.35% in last trading session and ended the day on $106.64. HP return on equity ratio is recorded as 20.70% and its return on assets is 14.50%. Helmerich & Payne, Inc. (NYSE:HP) yearly performance is 80.65%.
Pioneer Energy Services (NYSE: PES) announced that the Company will be participating in the Howard Weil 2014 Energy Conference to be held from March 23-27, 2014 in New Orleans. Wm. Stacy Locke, President and Chief Executive Officer, is scheduled to make a presentation on Wednesday, March 26 at 9:15 a.m. Central Time. The presentation will provide an update on the Company’s operations and certain recent developments. Pioneer Energy Services Corp (NYSE:PES) shares moved up 0.78% in last trading session and was closed at $12.89, while trading in range of $12.67 – $13.04. Pioneer Energy Services Corp (NYSE:PES) year to date (YTD) performance is 60.92%.
Shares of Unit (NYSE:UNT) have been given a consensus recommendation of “Hold” by the nine ratings firms that are currently covering the stock, Analyst RN reports. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $60.63. Unit Corporation (NYSE:UNT) weekly performance is 4.26%. On last trading day company shares ended up $63.44. Unit Corporation (NYSE:UNT) distance from 50-day simple moving average (SMA50) is 15.47%. Analysts mean target price for the company is $62.17.