BP Plc (NYSE:BP) and OAO Rosneft (ROSN) abandoned plans to seek lower borrowing costs for an oil-purchase loan deal and cut the amount they are seeking because of the Ukraine crisis, according to two people with knowledge of the matter. The fundraising has been shrunk to less than $2 billion from an initial target of $5 billion, according to the people, who asked not to be identified because they’re not authorized to speak about it. Banks committed more than $3 billion in January, the people said. BP plc (ADR) (NYSE:BP) shares after opening at $51.01 moved to $51.23 on last trade day and at the end of the day closed at $51.12. Company price to sales ratio in past twelve months was calculated as 0.42 and price to cash ratio as 5.65. BP plc (ADR) (NYSE:BP) showed a positive weekly performance of 1.65%.
Whether working in the field or offshore, time is money, and Baker Hughes Inc. (NYSE:BHI) new Harpoon cut and pull spear was designed to save time and increase efficiency, Erik Nordenstam, Product Line Director for Baker Hughes, told Rigzone at the 2014 Offshore Technology Conference. Baker Hughes Incorporated (NYSE:BHI) shares advanced 0.31% in last trading session and ended the day on $70.30. BHI return on equity ratio is recorded as 6.50% and its return on assets is 4.20%. Baker Hughes Incorporated (NYSE:BHI) yearly performance is 51.41%.
The Annual Meeting of Shareholders of Marathon Petroleum Corporation (NYSE:MPC) was held on April 30, 2014. Marathon Petroleum Corp (NYSE:MPC) shares moved up 0.92% in last trading session and was closed at $96.69, while trading in range of $95.33 – $97.70. Marathon Petroleum Corp (NYSE:MPC) year to date (YTD) performance is 5.93%.
Williams Companies, Inc. (NYSE:WMB), the branded energy infrastructure, company has promised to take safety precautions from any devastating incidents on May 1, 2014. The company which released their financial result of the first quarter of 2014 on April 30 again came under the threat. Williams Companies, Inc. (NYSE:WMB) weekly performance is 3.03%. On last trading day company shares ended up $43.48. Williams Companies, Inc. (NYSE:WMB) distance from 50-day simple moving average (SMA50) is 5.33%. Analysts mean target price for the company is $43.93.