Tag: NYSE:BPZ

  • Basic Material Overbought Stocks: American Eagle Energy (NYSEMKT:AMZG), BPZ Resources (NYSE:BPZ), FutureFuel (NYSE:FF), Emerge Energy Services LP (NYSE:EMES)

    The American Eagle Energy Corp (NYSEMKT:AMZG) on Mar. 18 announced it has priced an underwritten public offering of 11,000,000 shares of the Company’s common stock at a price of $6.60 per share after giving effect to a 1-for-4 reverse stock split that occurred after the closing of the market this afternoon and will be in effect as of the opening of the market and the commencement of trading on March 19, 2014. American Eagle Energy Corp (NYSEMKT:AMZG) shares after opening at $6.66 moved to $6.80 on last trade day and at the end of the day closed at $6.61. Company price to sales ratio in past twelve months was calculated as 10.10 and price to cash ratio as 18.40. American Eagle Energy Corp (NYSEMKT:AMZG) showed a negative weekly performance of -8.19%.

    Huston based oil and gas production firm BPZ Resources Inc (NYSE:BPZ) reported results for its 4Q and full year 2013 operations on last week. It also provided an update on the progress of its exploration efforts at its Alabcora A-19 D well. The development stage firm reported that it had commenced the drilling at its Block Z1 zone after the test drills determined the exact locations. It also reported an increase in its production wells from previous two wells to four wells at the end of December. BPZ Resources Inc (NYSE:BPZ) shares advanced 1.98% in last trading session and ended the day on $3.09. BPZ return on equity ratio is recorded as -37.60% and its return on assets is -12.80%. BPZ Resources Inc (NYSE:BPZ) yearly performance is 30.38%.

    FutureFuel Corp. (NYSE:FF) continue to be one of the top gainers in the market at the back of reporting impressive earnings for its fourth quarter and full year. Earnings per share for the quarter surged to a new high of $0.61 up from $0.15 that was reported for the same period in 2012. Net income for the quarter came in at a high of $26.53 million up from a low of $6.17 million reported in 2012 same quarter. FutureFuel Corp. (NYSE:FF) shares moved up 1.69% in last trading session and was closed at $21.00, while trading in range of $20.75-$22.25. FutureFuel Corp. (NYSE:FF) year to date performance is 33.84%.

    Emerge Energy Services LP (NYSE:EMES) through its analyst Vaibhav Vaishnav has reiterated a buy rating on Emerge Energy stock which continues to show significant strengths in the market. The company’s share price has also been raised from $50 to $61Emerge Energy Services LP (NYSE:EMES) weekly performance is 13.46%. On last trading day company shares ended up $57.00. Emerge Energy Services LP (NYSE:EMES) distance from 50-day simple moving average 24.81%. Analysts mean target price for the company is $48.40.