Tag: Precision Drilling Corp

  • Basic Material New Highs: Penn Virginia Corporation (NYSE:PVA), Concho Resources (NYSE:CXO), Precision Drilling (NYSE:PDS), Ultra Petroleum (NYSE:UPL)

    Shares of Penn Virginia (NYSE:PVA) have earned an average recommendation of “Buy” from the fourteen ratings firms that are covering the stock, Stock Ratings News reports. Four analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $15.60. Penn Virginia Corporation (NYSE:PVA) shares after opening at $16.35 moved to $17.35 on last trade day and at the end of the day closed at $16.91. Company price to sales ratio in past twelve months was calculated as 2.57 and price to cash ratio as 47.15. Penn Virginia Corporation (NYSE:PVA) showed a positive weekly performance of 2.05%.

    Concho Resources Inc. (NYSE:CXO) reports that John Surma has been appointed to the company’s board of directors and that Jack Harper has rejoined the company as executive vice president. Concho Resources Inc. (NYSE:CXO) shares advanced 3.26% in last trading session and ended the day on $122.19. CXO return on equity ratio is recorded as 10.90% and its return on assets is 4.20%. Concho Resources Inc. (NYSE:CXO) yearly performance is 24.23%.

    Equities research analysts at Scotiabank upped their target price on shares of Precision Drilling Corp (USA) (NYSE:PDS) from C$14.50 to C$16.00 in a research note issued to investors on Tuesday, American Banking & Market News reports. The firm currently has an “outperform” rating on the stock. Scotiabank’s target price points to a potential upside of 36.05% from the stock’s previous close. Precision Drilling Corp (USA) (NYSE:PDS) shares moved up 1.92% in last trading session and was closed at $11.67, while trading in range of $11.40 – $11.85. Precision Drilling Corp (USA) (NYSE:PDS) year to date (YTD) performance is 25.21%.

    Investment analysts at Simmons began coverage on shares of Ultra Petroleum Corp. (NYSE:UPL) in a note issued to investors on Monday, Analyst Ratings Net reports. The firm set a “neutral” rating on the stock. Ultra Petroleum Corp. (NYSE:UPL) weekly performance is 6.15%. On last trading day company shares ended up $26.74. Ultra Petroleum Corp. (NYSE:UPL) distance from 50-day simple moving average (SMA50) is 10.65%. Analysts mean target price for the company is $24.22.