Intercept Pharmaceuticals Inc (NASDAQ:ICPT) reported a first-quarter net loss of $257.7 million, or $13.21 per share, compared to a net loss of $10.2 million, or $0.62 per share, for the first quarter of 2013. The company noted that its results for the quarter included non-cash expenses totaling $245.7 million comprised primarily of warrant revaluation expense of $226.6 million and stock-based compensation expense of $19.1 million. Intercept Pharmaceuticals Inc (NASDAQ:ICPT) weekly performance is -11.23%. On last trading day company shares ended up $231.24. Analysts mean target price for the company is $546.60. Intercept Pharmaceuticals Inc (NASDAQ:ICPT) distance from 50-day simple moving average (SMA50) is -31.14%.
Investors are always looking for stocks that are poised to beat at earnings season and RSP Permian Inc (NYSE:RSPP) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because RSPP is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings be at. After all, analysts raising estimates right before earnings—with the most up-to-date information possible—is a pretty good indicator of some favorable trends underneath the surface for RSPP in this report. RSP Permian Inc(NYSE:RSPP) shares fell -6.88% in last trading session and ended the day on $26.93. RSPP Gross Margin is 81.30% and its return on assets is 15.30%. RSP Permian Inc(NYSE:RSPP)quarterly performance is 25.84%.
Gulfport Energy Corporation (NASDAQ:GPOR) stock is plummeting Thursday following its below-consensus earnings report and on numerous analyst downgrades. By late morning, shares had tumbled 18.5% to $59.50. Over the three months to March, net income of 20 cents a share fell short by a penny, according to analysts surveyed by Thomson Reuters. Revenue of $118 million was under estimates of $123.6 million. Gulfport Energy Corporation (NASDAQ:GPOR) shares moved down -18.70% in last trading session and was closed at $59.38, while trading in range of $58.99 – $613.50. Gulfport Energy Corporation (NASDAQ:GPOR) year to date (YTD) performance is -5.94%.
Cobalt International Energy, Inc. (NYSE:CIE) announced the pricing of a registered underwritten public offering of $1,150,000,000 aggregate principal amount of its 3.125% convertible senior notes due 2024 (the “Notes”). Cobalt has granted the underwriters of this offering the right to purchase, for a period beginning on the date hereof and ending on the date that is 12 days after the original issue date, up to an additional $150,000,000 aggregate principal amount of the Notes on the same terms and conditions to solely cover over-allotments, if any. Cobalt International Energy, Inc. (NYSE:CIE) ended the last trading day at $17.37. Company weekly volatility is calculated as 2.97% and price to cash ratio as 5.73. Cobalt International Energy, Inc. (NYSE:CIE) showed a negative weekly performance of -10.28%.