Tag: NYSE:QRE

  • Hot Watch List: Linn Energy LLC (NASDAQ:LINE), Halcon Resources (NYSE:HK), QR Energy LP (NYSE:QRE), Clayton Williams Energy (NYSE:CWEI)

    Linn Energy LLC (NASDAQ:LINE) Revenue in 2014 is expected to increase 61% $3.75 billion. Earnings are expected to increase 370% to $1.60 per unit. That does not cover the distribution but over the past 12 months, LINN has generated $3.53 per unit in cash from operations. Even with capital expenditures, there is enough to cover the $2.90 in annual distributions, paid monthly at a rate of $0.242 per unit and good for a 10.1% yield. Linn Energy LLC (NASDAQ:LINE) shares after opening at $28.75 moved to $28.97 on last trade day and at the end of the day closed at $28.56. Company price to sales ratio in past twelve months was calculated as 4.06 and price to cash ratio as 181.33. Linn Energy LLC (NASDAQ:LINE) showed a negative weekly performance of -1.59%.

    Halcon Resources Corporation (NYSE:HK) announced plans to release its first quarter 2014 financial results on Wednesday, May 7, 2014 after trading closes on the New York Stock Exchange. Halcon Resources Corp (NYSE:HK) shares advanced 0.37% in last trading session and ended the day on $5.43. HK return on equity ratio is recorded as -62.60% and its return on assets is -21.70%. Halcon Resources Corp (NYSE:HK) yearly performance is -17.73%.

    QR Energy (NYSE:QRE) announced that the Board of Directors has approved a cash distribution of $0.1625 per unit for all outstanding units. QR Energy LP (NYSE:QRE) shares moved up 0.16% in last trading session and was closed at $18.30, while trading in range of $18.11 – $18.30. QR Energy LP (NYSE:QRE) year to date (YTD) performance is 10.91%.

    Clayton Williams Energy, Inc. (NYSE:CWEI) on 24 April reported its financial results for the first quarter 2014. Net income attributable to Company stockholders for the first quarter of 2014 (“1Q14”) was $11.4 million, or $0.94 per share, as compared to a net loss of $41.2 million, or $3.39 per share, for the first quarter of 2013 (“1Q13”). Cash flow from operations for 1Q14 was $79.3 million as compared to $44.3 million for 1Q13. Clayton Williams Energy, Inc. (NYSE:CWEI) weekly performance is 10.58%. On last trading day company shares ended up $144.59. Clayton Williams Energy, Inc. (NYSE:CWEI) distance from 50-day simple moving average (SMA50) is 38.99%. Analysts mean target price for the company is $168.50.