On June 16, Newfield Exploration Co. (NYSE:NFX) has been on the move lately as the stock has risen by 21.2% in the past four weeks, and it is currently trading well above its 20-Day SMA. Newfield Exploration Co. (NYSE:NFX) net profit margin is 21.20% and weekly performance is 9.01%. On last trading day company shares ended up $41.72. Analysts mean target price for the company is $42.11. Newfield Exploration Co. (NYSE:NFX) distance from 50-day simple moving average (SMA50) is 20.38%.
Gastar Exploration Inc. (NYSEMKT:GST) reported that it has reached total depth on the vertical pilot hole for its first Utica/Point Pleasant well in Marshall County, West Virginia. The Simms 5-UH well was drilled to a total depth of 11,410 feet and encountered approximately 92 net feet of pay in the Point Pleasant formation with measured porosities up to 17%. Gastar Exploration Inc (NYSEMKT:GST) shares advanced 5.02% in last trading session and ended the day on $7.95. Gross Margin is 98.30% and its return on assets is 8.30%. Gastar Exploration Inc (NYSEMKT:GST) quarterly performance is 32.28%.
Cimarex Energy Co (NYSE:XEC) was upgraded by investment analysts at Global Hunter Securities from a “neutral” rating to a “buy” rating in a note issued to investors on Tuesday, TheFlyOnTheWall.com reports. The firm currently has a $175.00 target price on the stock, up from their previous target price of $116.00. Cimarex Energy Co (NYSE:XEC) shares moved down -0.37% in last trading session and was closed at $139.03, while trading in range of $137.46 – $141.21. Cimarex Energy Co (NYSE:XEC) year to date (YTD) performance is 32.87%.
Viper Energy Partners LP a subsidiary of Diamondback Energy, Inc (NASDAQ:FANG) and Diamondback announced the pricing of Viper’s initial public offering of 5,000,000 common units representing limited partner interests at $26.00 per common unit. Diamondback Energy Inc (NASDAQ:FANG) ended the last trading day at $90.26. Company weekly volatility is calculated as 3.79% and price to cash ratio as 181.20. Diamondback Energy Inc (NASDAQ:FANG) showed a positive weekly performance of 9.63%.
Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) announced an operational update. Carrizo recently began production from its first multiple-geological-bench downspacing pilot in the Niobrara formation. The pilot consisted of eight wells in the company’s Bringelson Ranch area in Weld County, CO. Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) net profit margin is 4.10% and weekly performance is 4.64%. On last trading day company shares ended up $ 64.26. Analysts mean target price for the company is $63.86. Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) distance from 50-day simple moving average (SMA50) is 13.88%.