Quicksilver Resources (NYSE:KWK) major shareholder Advisory Corp Spo unloaded 7,350,000 shares of Quicksilver Resources stock in a transaction that occurred on Thursday, May 8th. The stock was sold at an average price of $2.71, for a total value of $19,918,500.00. Quicksilver Resources Inc (NYSE:KWK) net profit margin is 17.40% and weekly performance is -16.22%. On last trading day company shares ended up $2.79. Analysts mean target price for the company is $3.83. Quicksilver Resources Inc (NYSE:KWK) distance from 50-day simple moving average (SMA50) is -2.64%.
Callon Petroleum Company (NYSE:CPE) posted its quarterly earnings results. The company reported $0.11 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.05 by $0.06, AnalystRatings.NET reports. The company had revenue of $33.29 million for the quarter, compared to the consensus estimate of $28.47 million. The company’s quarterly revenue was up 47.7% on a year-over-year basis. Callon Petroleum Company (NYSE:CPE) shares advanced 6.40% in last trading session and ended the day on $9.47. CPE Gross Margin is 76.70% and its return on assets is -0.10%. Callon Petroleum Company (NYSE:CPE) quarterly performance is 48.43%.
The $23 billion renewable energy company Methes Energies International Ltd. (NASDAQ:MEIL) has announced fresh deals that it is just about to finalize with some U.S. customers. The latest deals are testimony to the strong executions within the company and successful foray into the U.S. biodiesel market. Methes Energies International Ltd. (NASDAQ:MEIL) shares moved up 17.18% in last trading session and was closed at $3.11, while trading in range of $ 2.88 – 4.35. Methes Energies International Ltd. (NASDAQ:MEIL) year to date (YTD) performance is -4.01.
MagneGas Corporation (NASDAQ:MNGA), a leading energy and technology company that counts among its inventions a patented process that converts liquid waste into a hydrogen-based fuel, announced that it has filed a provisional patent to blend MagneGas® with existing cutting fuels for the metal working industry. MagneGas Corporation (NASDAQ:MNGA) ended the last trading day at $1.34. Company weekly volatility is calculated as 8.69% and price to cash ratio as 204.22. MagneGas Corporation (NASDAQ:MNGA) showed a positive weekly performance of 6.35%.