Statoil ASA (ADR) (NYSE:STO) was downgraded by equities research analysts at RBC Capital from a “top pick” rating to a “sector perform” rating in a research note issued to investors on Thursday, TheFlyOnTheWall.com reports. Statoil ASA (ADR) (NYSE:STO) net profit margin is 5.90% and weekly performance is 0.43%. On last trading day company shares ended up $30.28. Analysts mean target price for the company is $30.46. Statoil ASA (ADR) (NYSE:STO) distance from 50-day simple moving average (SMA50) is 7.77%.
French energy company Total SA (NYSE:TOT) is hooking up with Russia’s largest private oil company to explore and develop a huge Siberian shale oil field. Total SA (ADR) (NYSE:TOT) shares advanced 0.37% in last trading session and ended the day on $71.31. Gross Margin is 29.30% and its return on assets is 5.40%. Total SA (ADR) (NYSE:TOT) quarterly performance is 14.32%.
Integrated energy behemoth, Royal Dutch Shell plc (ADR) (NYSE:RDS.A) announced that it has stopped the scrip dividend program, in which company stock was offered as dividend instead of cash. This decision would be effective from the current quarter interim dividend payment. Royal Dutch Shell plc (ADR) (NYSE:RDS.A) shares moved down -0.59% in last trading session and was closed at $79.09, while trading in range of $79.05 – $79.37.
ConocoPhillips (NYSE:COP)‘s stock had its “buy” rating reiterated by investment analysts at Citigroup Inc. in a note issued to investors on Wednesday. They currently have a $100.00 target price on the stock, up from their previous target price of $85.00. Citigroup Inc.’s price target would indicate a potential upside of 27.45% from the company’s current price. ConocoPhillips (NYSE:COP) ended the last trading day at $78.43. Company weekly volatility is calculated as 0.74% and price to cash ratio as 14.77. ConocoPhillips (NYSE:COP) showed a positive weekly performance of 1.37%.
Credit Suisse began coverage on shares of LUKOIL (ADR) (OTCMKTS:LUKOY) in a report issued on Tuesday morning. The firm issued an outperform rating and a $66.00 target price on the stock. LUKOIL (ADR) (OTCMKTS:LUKOY) On last trading day company shares ended up $57.04.