Stock analysts at Argus raised their price target on shares of Exxon Mobil Corporation (NYSE:XOM), from $104.00 to $114.00 in a report issued on Thursday, Analyst Ratings Network reports. The firm currently has a “buy” rating on the stock. Argus’ target price would indicate a potential upside of 10.56% from the company’s current price. Exxon Mobil Corporation (NYSE:XOM), net profit margin is 9.80% and weekly performance is 0.37%. On last trading day company shares ended up $102.36. Analysts mean target price for the company is $100.89. Exxon Mobil Corporation (NYSE:XOM), distance from 50-day simple moving average (SMA50) is 5.31%.
On May 12, 2014, Chesapeake Energy Corporation (NYSE:CHK), announced that it will host its 2014 Analyst Day on Friday, May 16 at Chesapeake’s corporate headquarters in Oklahoma City, Oklahoma. Chesapeake Energy Corporation (NYSE:CHK), fell 0.96% in last trading session and ended the day on $30.04. CHK, Gross Margin is 87.90% and its return on assets is 1.20%. Chesapeake Energy Corporation (NYSE:CHK), quarterly performance is 21.42%.
Coal producer Alpha Natural Resources, Inc. (NYSE:ANR), announced that it will issue $400 million aggregate principal amount of senior secured second lien notes due 2020 in a private offering subject to market conditions. Alpha Natural Resources, Inc. (NYSE:ANR), shares moved down 1.98% in last trading session and was closed at $4.45, while trading in range of $4.41 – 4.57. Alpha Natural Resources, Inc. (NYSE:ANR), year to date (YTD) performance is -37.68%.
On May 08, 2014, Marathon Oil Corporation (NYSE:MRO), announced that John R. (J.R.) Sult, Marathon Oil executive vice president and chief financial officer, will present at the UBS Global Oil and Gas Conference in Austin on Tuesday, May 20 at 8:40 a.m. CDT. Marathon Oil Corporation (NYSE:MRO), ended the last trading day at $36.48. Company weekly volatility is calculated as 1.33% and price to cash ratio as 93.42. Marathon Oil Corporation (NYSE:MRO), showed a positive weekly performance of 0.80%.
On May 06, 2014, Rentech, Inc. (NASDAQ:RTK), that produces wood fibre and nitrogen fertilizer, announced that a division of Blackstone would be investing $150 million in the exchange for two of its members being included in the board of directors of Rentech. Rentech, Inc. (NASDAQ:RTK), net profit margin is 5.40% and weekly performance is -0.89%. On last trading day company shares ended up $2.22. Analysts mean target price for the company is $2.64. Rentech, Inc. (NASDAQ:RTK), distance from 50-day simple moving average (SMA50) is 11.36%.