Dejour Energy Inc (USA)(NYSEMKT:DEJ) disclosed on 26th March, that it has agreed to buy the adjoining oil field to its exiting property in Woodrush. The asset purchase has occurred in a region which is located next to its exiting oil field in Ft St John. The buyout of this asset will provide the oil and gas firm a 54 percent interest in production well, which at its current capacity is yielding nearly 800 mcf per day, which translates to 75 barrels of oil equivalent. In addition it will also get ownership of 74 percent interest in two other natural gas rigs, which would be further added to the production capacity over the next 30 days. Dejour Energy Inc (USA) (NYSEMKT:DEJ) shares after opening at $0.26 moved to $0.30 on last trade day and at the end of the day closed at $0.280. Company price to sales ratio in past twelve months was calculated as 6.97 and price to cash ratio as 89.17. Dejour Energy Inc (USA) (NYSEMKT:DEJ) showed a positive weekly performance of 19.96%.
Analysts at EuroPacific Canada boosted their target price on shares of Gulfport Energy (NASDAQ:GPOR) to $82.00 in a research report issued to clients and investors on Thursday, Analyst Ratings Network.com reports. EuroPacific Canada’s target price suggests a potential upside of 10.81% from the stock’s previous close.Gulfport Energy Corporation (NASDAQ:GPOR) shares ended the day on $74.00. GPOR return on equity ratio is recorded as 9.10% and its return on assets is 6.80%. Gulfport Energy Corporation (NASDAQ:GPOR) yearly performance is 64.81%.
Enterprise Products Partners L.P. (NYSE:EPD) announced that the board of directors of its general partner declared an increase in the quarterly cash distribution rate paid to partners to $0.71 per common unit, or $2.84 per unit on an annualized basis. The quarterly distribution will be paid on Wednesday, May 7, 2014, to unitholders of record as of the close of business on Wednesday, April 30, 2014. This distribution, which represents a 6.0 percent increase over the $0.67 per unit distribution declared with respect to the first quarter of 2013, is the 48th distribution increase since Enterprise’s initial public offering in 1998 and the 39th consecutive quarterly increase.Enterprise Products Partners L.P. (NYSE:EPD) shares moved up 0.01% in last trading session and was closed at $72.18, while trading in range of $72.16-$73.44. Enterprise Products Partners L.P. (NYSE:EPD) year to date performance is 10.06%.
TheStreet Quant Ratings rates Continental Resources, Inc. (NYSE:CLR) as a buy. The company’s strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Continental Resources, Inc. (NYSE:CLR) weekly performance is 4.50%. On last trading day company shares ended up $128.85. Continental Resources, Inc. (NYSE:CLR) distance from 50-day simple moving average is 8.51%. Analysts mean target price for the company is $137.04.