Stock analysts at Bank of America initiated coverage on shares of Devon Energy Corp (NYSE:DVN) in a report issued on Wednesday. The firm set a “buy” rating and a $100.00 price target on the stock. Bank of America’s price target suggests a potential upside of 29.87% from the company’s current price. Devon Energy Corp (NYSE:DVN) net profit margin is 2.50% and weekly performance is 4.85%. On last trading day company shares ended up $78.04. Analysts mean target price for the company is $79.80. Devon Energy Corp (NYSE:DVN) distance from 50-day simple moving average (SMA50) is 9.59%.
On June 6, Hess Corporation Corp. (NYSE:HES) announced it has been ranked No. 1 among the greenest U.S. energy producers according to the just-released “2014 Newsweek (magazine) Green Rankings” of the largest 500 companies in the world (http://www.newsweek.com/green/americas-greenest-companies-2014). Hess Corp. (NYSE:HES) shares advanced 0.49% in last trading session and ended the day on $95.95. Gross Margin is 42.40% and its return on assets is 9.90%. Hess Corp. (NYSE:HES) quarterly performance is 20.21%.
Anadarko Petroleum Corporation (NYSE:APC) will host a conference call on Wednesday, July 30, 2014, at 8 a.m. CDT (9 a.m. EDT) to discuss its second-quarter 2014 financial and operating results. Earnings will be released after close of market on Tuesday, July 29. The full text of the release will be available on the company’s website at www.anadarko.com. Anadarko Petroleum Corporation (NYSE:APC) shares moved up 1.52% in last trading session and was closed at $109.37, while trading in range of $106.26 – $109.42. Anadarko Petroleum Corporation (NYSE:APC) year to date (YTD) performance is 38.55%.
Murphy Oil Corporation (NYSE:MUR) is drilling two oil exploration wells in Semai II Block, Fak-Fak offshore, West Papua, at a cost of US$30 to 50 million, according to officials. Bambang Dwi Djanuarto, the spokesman of the Papua and Muluku special working unit of SKK Migas, the oil and gas upstream business regulator said, when contacted from here on Saturday, that the drilling of the two wells was based upon earlier agreements. Murphy Oil Corporation (NYSE:MUR) ended the last trading day at $65.28. Company weekly volatility is calculated as 1.42% and price to cash ratio as 11.48. Murphy Oil Corporation (NYSE:MUR) showed a positive weekly performance of 3.36%.
Google Inc (NASDAQ:GOOGL) is planning to launch a health data service called Google Fit at the Google I/O Conference on June 25, Forbes said in an exclusive report, citing various sources close to the company. Google Inc (NASDAQ:GOOGL) net profit margin is 21.30% and weekly performance is -1.00%. On last trading day company shares ended up $560.35. Analysts mean target price for the company is $660.88. Google Inc (NASDAQ:GOOGL) distance from 50-day simple moving average (SMA50) is 2.32%.