Tulsa-based WPX Energy Inc (NYSE:WPX) told investors Monday to expect a $1.4 billion financial impairment on its 2013 earnings to be announced later this month. The pre-tax, noncash charge is a write-down on the carrying value of WPX Energy’s natural gas properties. WPX Energy Inc (NYSE:WPX) stock opened at $17.50 in last trading session, and closed at $17.03, trading in the range of $16.92 – $17.55. The stock showed a negative weekly performance of -11.67%.
Zacks cut shares of Alexco Resource Corp (NYSE:AXU) from an outperform rating to a neutral rating in a research report sent to investors on Monday morning, Stock Ratings Network reports. The firm currently has $1.90 price target on the stock. Alexco Resource Corp. (USA) (NYSEMKT:AXU) shares closed at $1.77 on last trade day, by losing -14.08%. Stock 52 week range is $0.90 – $4.47. Company’s market capitalization is $110.76 billion.
Compass Minerals International (NYSE:CMP) declared a quarterly dividend on Monday, February 10th, Analyst Ratings.Net reports. Investors of record on Friday, February 28th will be given a dividend of 0.60 per share on Friday, March 14th. This represents a $2.40 dividend on an annualized basis and a yield of 2.78%. Compass Minerals International, Inc. (NYSE:CMP) stock decreased -5.61% and finished the last session at $81.49. The EPS of the stock remained 3.05. Company’s market capitalization is $2.73 billion.
Prospect Global Resources Inc. (Prospect) is an exploration and development of a potash deposit located in the Holbrook Basin of eastern Arizona, which it refers to as the Holbrook Project. The Holbrook Project consists of permits and leases on 147 mineral estate sections in the Holbrook Basin of eastern Arizona, along the southern edge of the Colorado Plateau. Prospect Global Resources Inc (NASDAQ:PGRX) stock opened at $2.62 in last trading session and closed at $2.34. The 52 week range of the stock is $1.50 – $76.50 and the day range was $2.31 – $2.62.