Tag: NYSE:SPN

  • Mid Cap New Highs: Patterson-UTI Energy (NASDAQ:PTEN), Superior Energy Services (NYSE:SPN), Atmos Energy Corporation (NYSE:ATO), Pepco Holdings (NYSE:POM)

    Patterson-UTI Energy (NASDAQ:PTEN) had its price objective raised by Barclays from $30.00 to $34.00 in a research report released on Wednesday morning, ARN reports. Barclays currently has an overweight rating on the stock. Patterson-UTI Energy, Inc. (NASDAQ:PTEN) shares after opening at $32.67 moved to $33.49 on last trade day and at the end of the day closed at $32.99. Company price to sales ratio in past twelve months was calculated as 1.75 and price to cash ratio as 19.07. Patterson-UTI Energy, Inc. (NASDAQ:PTEN) showed a positive weekly performance of 7.70%.

    Superior Energy Services (NYSE:SPN) was downgraded by Morgan Stanley from an “overweight” rating to an “equal weight” rating in a research note issued on Wednesday, Analyst Ratings Net reports. They currently have a $32.00 price target on the stock. Morgan Stanley’s price target would indicate a potential upside of 3.83% from the stock’s previous close. Superior Energy Services, Inc. (NYSE:SPN) shares fell -1.04% in last trading session and ended the day on $31.30. SPN return on equity ratio is recorded as -2.60% and its return on assets is -1.40%. Superior Energy Services, Inc. (NYSE:SPN) yearly performance is 32.40%.

    TheStreet Quant Ratings rates Atmos Energy Corporation (NYSE:ATO) as a buy. The company’s strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share, attractive valuation levels, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Atmos Energy Corporation (NYSE:ATO) shares moved down -1.03% in last trading session and was closed at $49.90, while trading in range of $49.70-$50.52. Atmos Energy Corporation (NYSE:ATO) year to date performance is 10.77%.

    Joseph M. Rigby, Pepco Holdings, Inc. (NYSE:POM)chairman, president and CEO testified before the Quadrennial Energy Review Task Force, formed by President Barack Obama to shape federal energy policy to meet America’s economic, environmental and security goals. The first Quadrennial Energy Review hearing focused on vulnerabilities of energy transmission and distribution systems and strategies to address these vulnerabilities. Pepco Holdings, Inc. (NYSE:POM) weekly performance is 2.60%. On last trading day company shares ended up $21.34. Pepco Holdings, Inc. (NYSE:POM) distance from 50-day simple moving average is 5.73%. Analysts mean target price for the company is $20.20.