Endeavour International Corporation (NYSE:END) on 10 June announced that it has received numerous calls from analysts and investors making inquiries regarding recent market activity in the Company’s stock. Management of the Company is unaware of any reason why recent trading of the stock has resulted in a significant decrease in its price over the last few days. William L. Transier, the Company’s Chairman, President and Chief Executive Officer, stated: “Endeavour remains committed to generating value for its shareholders through exploitation of our assets, operational efficiencies and managing the capital structure. Since our last update to the market in early May, our three large U.K. assets have been online and producing at consistent rates. Endeavour International Corporation (NYSE:END) net profit margin is -34.30% and weekly performance is -20.00%. On last trading day company shares ended up $1.28. Analysts mean target price for the company is $3.69. Endeavour International Corporation (NYSE:END) distance from 50-day simple moving average (SMA50) is -47.80%.
Williams Companies Inc the pipeline operator, announced on June 15 that it has consented to take over Access Midstream Partners LLP (NYSE:ACMP). The deal amount will be roughly $5.99 billion and will constitute the first step when it comes to merging the acquired company’s operations with the acquirer. Access Midstream Partners LP (NYSE:ACMP) shares fell -6.65% in last trading session and ended the day on $62.14. ACMP return on assets is 3.60%.Access Midstream Partners LP (NYSE:ACMP) quarterly performance is 10.51%.
Mechel Oao (ADR) (NYSE:MTL) rose 3% per ADR after saying it improved operations by consolidating product shipments at its Mecheltrans unit. Mechel OAO (ADR) (NYSE:MTL) shares moved down -5.65% in last trading session and was closed at $2.17, while trading in range of $2.16 – $2.46. Mechel OAO (ADR) (NYSE:MTL) year to date (YTD) performance is -15.23%.
MagneGas Corporation (NASDAQ:MNGA), a leading energy and technology company that counts among its inventions a patented process that converts liquid waste into a hydrogen-based fuel, on 12 June announced that it has filed a patent improvement application to the design of their electrodes. MagneGas Corporation (NASDAQ:MNGA) ended the last trading day at $1.56. Company weekly volatility is calculated as 8.89% and price to cash ratio as 248.90.MagneGas Corporation (NASDAQ:MNGA) showed a positive weekly performance of 2.63%.
Ring Energy Inc. (NYSEMKT:REI) issued 2 million restricted common shares in a private offering for about $30 million in gross proceeds, the company said June 17. Ring Energy Inc. (NYSEMKT:REI) net profit margin is 11.30% and weekly performance is -6.35%. On last trading day company shares ended up $17.40. Analysts mean target price for the company is $22.50. Ring Energy Inc. (NYSEMKT:REI) distance from 50-day simple moving average (SMA50) is -5.16%.