Schlumberger Limited. (NYSE:SLB), EVP Ashok Belani sold 230,032 shares of the company’s stock in a transaction that occurred on Monday, June 30th. The stock was sold at an average price of $117.49, for a total value of $27,026,459.68. Following the completion of the sale, the executive vice president now directly owns 37,031 shares in the company, valued at approximately $4,350,772. Schlumberger Limited. (NYSE:SLB), net profit margin is 17.60% and weekly performance is -1.02%. On last trading day company shares ended up $116.75. Analysts mean target price for the company is $126.86. Schlumberger Limited. (NYSE:SLB), distance from 50-day simple moving average (SMA50) is 10.88%.
Weatherford International Ltd (NYSE:WFT), was upgraded byZacks from a “neutral” rating to an “outperform” rating in a report released on Monday. The firm currently has a $27.00 price objective on the stock. Zacks‘s price objective points to a potential upside of 18.73% from the stock’s previous close. Weatherford International Ltd (NYSE:WFT), advanced 0.13% in last trading session and ended the day on $22.43. WFT, Gross Margin is 19.20% and its return on assets is -1.80%. Weatherford International Ltd (NYSE:WFT), quarterly performance is 31.71%.
Research analysts at Susquehanna hoisted their price target on shares of Halliburton Company (NYSE:HAL), from $75.00 to $88.00 in a report released on Wednesday. Susquehanna’s target price would suggest a potential upside of 24.00% from the stock’s previous close. Halliburton Company (NYSE:HAL), shares moved down 0.71% in last trading session and was closed at $69.66, while trading in range of $68.96 – 70.14. Halliburton Company (NYSE:HAL), year to date (YTD) performance is 37.94%.
Shares of McDermott International (NYSE:MDR), saw a large increase in short interest during the month of June. As of June 13th, there was short interest totalling 62,224,086 shares, an increase of 13.1% from the May 30th total of 55,030,244 shares,AnalystRatingsNetwork.com reports. Currently, 26.5% of the shares of the stock are sold short. Based on an average trading volume of 3,636,238 shares, the short-interest ratio is currently 17.1 days. McDermott International (NYSE:MDR), ended the last trading day at $7.74. Company weekly volatility is calculated as 2.66% and price to cash ratio as 6.36. McDermott International (NYSE:MDR), showed a negative weekly performance of 5.03%.