ConocoPhillips (NYSE:COP) was upgraded by equities research analysts at Guggenheim from a “neutral” rating to a “buy” rating in a research note issued to investors on Wednesday, TheFlyOnTheWall. ConocoPhillips (NYSE:COP) net profit margin is 16.00% and weekly performance is 2.21%. On last trading day company shares ended up $79.57. Analysts mean target price for the company is $82.04. ConocoPhillips (NYSE:COP) distance from 50-day simple moving average (SMA50) is 9.11%.
According to a recent press release Marathon Oil Corporation (NYSE:MRO) is determined to shift its focus to more productive areas. Marathon Oil Corporation (NYSE:MRO) shares advanced 0.72% in last trading session and ended the day on $36.55. MRO gross Margin is 68.40% and its return on assets is 7.10%.Marathon Oil Corporation (NYSE:MRO) quarterly performance is 8.81%.
The Hess Corp. (NYSE:HES) will not pursue its application to build a gas station and convenience store on Route 101 and Hardy Road. Hess had 30 days to appeal the decision and request a rehearing after the Zoning Board of Adjustment’s April 15 decision to deny the company’s request for a variance to build a 1,660-square-foot convenience store and 12 self-service gas pumps. Hess Corp. (NYSE:HES) shares moved up 0.60% in last trading session and was closed at $89.97, while trading in range of $88.50 – $90.57. Hess Corp. (NYSE:HES) year to date (YTD) performance is 8.74%.
Royal Dutch Shell plc (ADR (NYSE:RDS.A) Simon Henry, Financial Director, sold 5,000 shares on the 27th May 2014 at a price of 2457.00p. The Director now holds 122,288 shares. Royal Dutch Shell plc (ADR (NYSE:RDS.A) ended the last trading day at $78.15.
On May 20, 2014, Murphy Oil Corporation (NYSE:MUR) entered into an agreement with Wells Fargo Bank, National Association, to effect a variable term, capped accelerated share repurchase transaction (the “ASR”) to repurchase an aggregate $125 million of the Company’s common stock. The Company will repurchase shares under the ASR pursuant to the board authorized program to repurchase up to $125 million of the Company’s stock as previously announced on May 14, 2014. Murphy Oil Corporation (NYSE:MUR) net profit margin is 23.70% and weekly performance is 0.25%. On last trading day company shares ended up $60.59. Analysts mean target price for the company is $67.73. Murphy Oil Corporation (NYSE:MUR) distance from 50-day simple moving average (SMA50) is -1.41%.