Hess Corp. (NYSE:HES) and related entities have agreed to pay $33.5 million to settle a New Jersey environmental regulator’s lawsuit in New York federal court that accused dozens of companies of contaminating state waters with a gasoline additive, according to a notice Monday. Hess Corp. (NYSE:HES) shares after opening at $87.50 moved to $88.29 on last trade day and at the end of the day closed at $88.01. Company price to sales ratio in past twelve months was calculated as 1.25 and price to cash ratio as 15.29. Hess Corp. (NYSE:HES) showed a positive weekly performance of 3.64%.
Aker Solutions ASA (OSE:AKSO) and Baker Hughes Incorporated(NYSE:BHI) have agreed to form an alliance to develop technology for production solutions that will boost output, increase recovery rates and reduce costs for subsea fields. Baker Hughes Incorporated (NYSE:BHI) shares fell -0.09% in last trading session and ended the day on $70.19. BHI return on equity ratio is recorded as 6.50% and its return on assets is 4.20%. Baker Hughes Incorporated (NYSE:BHI) yearly performance is 63.50%.
Schlumberger Limited. (NYSE:SLB), the oil service company runs successfully under the intense supervision of CEO, Director Paal Kibsgaard. The company released their financial report of 1Q2014 last Thursday. Schlumberger Limited. (NYSE:SLB) shares moved up 0.23% in last trading session and was closed at $102.03, while trading in range of $100.90-$102.66. Schlumberger Limited. (NYSE:SLB) year to date performance is 13.73%.
Research analysts at Barclays hoisted their price objective on shares of Patterson-UTI Energy (NASDAQ:PTEN) from $30.00 to $34.00 in a report released on Wednesday, American Banking News.com reports. The firm currently has an “overweight” rating on the stock. Barclays’ target price points to a potential upside of 3.06% from the stock’s previous close. Patterson-UTI Energy, Inc. (NASDAQ:PTEN) weekly performance is 6.06%. On last trading day company shares ended up $33.10. Patterson-UTI Energy, Inc. (NASDAQ:PTEN) distance from 50-day simple moving average is 10.00%. Analysts mean target price for the company is $31.89.