Tag: JRCC

  • Basic Material Stocks In Red Zone: James River Coal (NASDAQ:JRCC), Petroquest Energy (NYSE:PQ), Rowan Companies (NYSE:RDC), Statoil (NYSE:STO)

    James River Coal Company (NASDAQ:JRCC) faces changing dynamics in the coal industry and has filed for bankruptcy protection, in order to restructure its balance sheet and continue operations. James River Coal Company (NASDAQ:JRCC) stock opened today at $0.35 and is currently trading at $0.345. The stock showed a negative weekly performance of -4.00%.

    PetroQuest Energy, Inc. (NYSE:PQ) yesterday provided an update on its first quarter operations and guidance, as well as results from the most recent borrowing base redetermination. Petroquest Energy Inc. (NYSE:PQ) stock opened at $5.30, in current trading session and currently is at $5.42, by losing -3.51%. The 52 week range of $3.63 – $5.93. Company’s market capitalization is 356.60 million.

    Morgan Stanley lowered shares of Rowan Companies PLC (NYSE:RDC) from an equal weight rating to an underweight rating in a report released on Monday, AR Network reports. Morgan Stanley currently has $33.00 price objective on the stock, down from their previous price objective of $42.00. Rowan Companies PLC (NYSE:RDC) stock is currently trading at $31.64. The EPS of the stock is 2.03. Company’s market capitalization is 3.93 billion.

    According to a press-release by Statoil ASA (ADR) (NYSE:STO) there is a pressing need to change Europe’s energy policy framework to make it more predictable and market oriented. Statoil ASA (ADR) (NYSE:STO) stock opened the session at $27.52, and now is at $27.66. The 52 week range of the Statoil ASA (ADR) (NYSE:STO) stock remained $20.02 – $28.58 and the day range was $27.52 – $27.70.