Tag: NYSE:FET

  • Basic Material New Highs: PetroLogistics LP (NYSE:PDH), Forum Energy Technologies (NYSE:FET), Clayton Williams Energy (NYSE:CWEI), Rose Rock Midstream (NYSE:RRMS)

    PetroLogistics LP (NYSE:PDH), announced a quarterly dividend on Thursday, April 24th, StockRatingsNetwork.com reports. Investors of record on Monday, May 5th will be paid a dividend of 0.37 per share on Wednesday, May 14th. This represents a $1.48 annualized dividend and a dividend yield of 11.24%. The ex-dividend date is Thursday, May 1st. This is an increase from PetroLogistics’s previous quarterly dividend of $0.30. On a related note, analysts at Zacks downgraded shares of PetroLogistics from a “neutral” rating to an “underperform” rating in a research note on Tuesday, April 8th. They now have a $12.00 price target on the stock. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. The company has an average rating of “Hold” and an average price target of $13.70. PetroLogistics (NYSE:PDH) last issued its quarterly earnings data on Wednesday, April 23rd. The company reported $0.34 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.33 by $0.01. On average, analysts predict that PetroLogistics will post $1.32 earnings per share for the current fiscal year. PetroLogistics LP owns and operates propane dehydrogenation (NYSE:PDH) facility. PetroLogistics LP (NYSE:PDH), shares after opening at $13.23 moved to $13.85 on last trade day and at the end of the day closed at $13.66. Company price to sales ratio in past twelve months was calculated as 2.51 and price to cash ratio as 74.87. PetroLogistics LP (NYSE:PDH), showed a positive weekly performance of 7.64%.

    Forum Energy Technologies (NYSE:FET) posted its quarterly earnings results on Thursday. The company reported $0.40 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.39 by $0.01, American Banking News.com reports. The company had revenue of $403.90 million for the quarter, compared to the consensus estimate of $403.17 million. During the same quarter in the prior year, the company posted $0.34 earnings per share. The company’s quarterly revenue was up 8.3% on a year-over-year basis. Forum Energy Technologies updated its Q2 guidance to $0.38-0.44 EPS. Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of Forum Energy Technologies from an “underperform” rating to a “neutral” rating in a research note on Monday. They now have a $31.50 price target on the stock. On a related note, analysts at TheStreet upgraded shares of Forum Energy Technologies from a “hold” rating to a “buy” rating in a research note on Tuesday, April 15th. Finally, analysts at Credit Suisse downgraded shares of Forum Energy Technologies to a “buy” rating in a research note on Tuesday, April 15th. They now have a $33.00 price target on the stock, up previously from $30.00. Five investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Forum Energy Technologies currently has an average rating of “Buy” and an average price target of $32.05. Forum Energy Technologies Inc (NYSE:FET), shares advanced 1.81% in last trading session and ended the day on $32.06. Forum Energy Technologies Inc (NYSE:FET), return on equity ratio is recorded as 10.30% and its return on assets is 6.30%. Forum Energy Technologies Inc (NYSE:FET), yearly performance is 20.89%.

    Clayton Williams Energy, Inc. (NYSE:CWEI)‘s stock had its “buy” rating reiterated by equities research analysts at SunTrust in a research note issued to investors on Friday, American Banking News.com reports. They currently have a $183.00 price target on the stock. SunTrust’s price objective points to a potential upside of 26.56% from the stock’s previous close. Clayton Williams Energy (NASDAQ:CWEI) last posted its quarterly earnings results on Thursday, April 24th. The company reported $0.94 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.79 by $0.15. The company had revenue of $124.60 million for the quarter, compared to the consensus estimate of $108.56 million. During the same quarter last year, the company posted ($3.39) earnings per share. Clayton Williams Energy’s revenue was up 12.4% compared to the same quarter last year. On average, analysts predict that Clayton Williams Energy will post $4.27 earnings per share for the current fiscal year. Separately, analysts at Wunderlich raised their price target on shares of Clayton Williams Energy from $110.00 to $151.00 in a research note on Monday, April 14th. They now have a “buy” rating on the stock. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $126.25. Clayton Williams Energy, Inc (NASDAQ:CWEI) is an independent oil and gas company engaged in the exploration for and production of oil and natural gas primarily in Texas, Louisiana and New Mexico. Clayton Williams Energy, Inc. (NYSE:CWEI), shares moved up 3.26% in last trading session and was closed at $144.59, while trading in range of $ 138.82 – 145.36. Clayton Williams Energy, Inc. (NYSE:CWEI), year to date (YTD) performance is 76.44%.

    Rose Rock Midstream (NASDAQ:RRMS) declared a dividend on Thursday, April 24th, Stock Ratings Newsreports. Investors of record on Monday, May 5th will be given a dividend of 0.495 per share on Thursday, May 15th. The ex-dividend date of this dividend is Thursday, May 1st. Several analysts have recently commented on the stock. Analysts at Citic Securities Co., Ltd downgraded shares of Rose Rock Midstream from a “buy” rating to a “neutral” rating in a research note on Friday, March 28th. They now have a $42.00 price target on the stock. On the ratings front, analysts at Citigroup Inc. downgraded shares of Rose Rock Midstream from a “buy” rating to a “neutral” rating in a research note on Friday, March 28th. Finally, analysts at UBS AG initiated coverage on shares of Rose Rock Midstream in a research note on Thursday, March 13th. They set a “buy” rating and a $44.00 price target on the stock. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Rose Rock Midstream has an average rating of “Buy” and an average price target of $42.73. Rose Rock Midstream (NASDAQ:RRMS) last posted its quarterly earnings results on Thursday, February 27th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by $0.13. The company had revenue of $252.04 million for the quarter, compared to the consensus estimate of $190.23 million. Analysts expect that Rose Rock Midstream will post $2.00 EPS for the current fiscal year. Rose Rock Midstream, L.P. owns, operates, develops and acquires a diversified portfolio of midstream energy assets. Rose Rock Midstream LP (NYSE:RRMS), weekly performance is 0.60%. On last trading day company shares ended up $42.22. Rose Rock Midstream LP (NYSE:RRMS), distance from 50-day simple moving average (SMA50) is 5.19%. Analysts mean target Price for the company is $43.88.