On March 1, 2014, the Compensation Committee of the Board of Directors of Forest Oil Corporation(NYSE:FST) approved the award of cash incentive bonus payments under the terms of Forest’s 2013 Annual Incentive Plan (the “2013 AIP Plan”) to the executive officers of Forest, including the President and Chief Executive Officer. Forest Oil Corporation (NYSE:FST) shares after opening at $1.73 moved to $1.75 on last trade day and at the end of the day closed at $1.70. Company price to sales ratio in past twelve months was calculated as 0.45 and price to cash ratio as 2.99. Forest Oil Corporation (NYSE:FST) showed a negative weekly performance of -3.95%.
Noble Corporation (NYSE:NE) on 13 march announced that its report of drilling rig status and contract information has been updated as of March 13, 2014. Noble Corporation New Common Stock – Switzerland (NYSE:NE) shares advanced 0.35% in last trading session and ended the day on $29.08. Noble Corporation New Common Stock – Switzerland (NYSE:NE) return on equity ratio is recorded as 11.10% and its return on assets is 5.80%. Noble Corporation New Common Stock – Switzerland (NYSE:NE) yearly performance is -19.91%.
Diamond Offshore Drilling (NYSE:DO) Director Paul Gaffney acquired 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 11th. The shares were purchased at an average cost of $48.00 per share, for a total transaction of $96,000.00. Following the acquisition, the director now directly owns 4,000 shares in the company, valued at approximately $192,000. Diamond Offshore Drilling Inc. (NYSE:DO) shares moved down -0.43% in last trading session and was closed at $44.20, while trading in range of $43.82 – $44.77. Diamond Offshore Drilling Inc. (NYSE:DO) year to date (YTD) performance is -20.89%.
On Mar 12, Canadian energy explorer, Talisman Energy Inc. (NYSE:TLM) completed the divestment of part of its Montney assets, in northeast British Columbia to Progress Energy Canada Ltd. The sale, of about 127,000 net acres, would fetch Talisman Energy cash payment of C$1.5 billion. Talisman Energy Inc. (USA) (NYSE:TLM) weekly performance is -1.91%. On last trading day company shares ended up $9.77. Talisman Energy Inc. (USA) (NYSE:TLM) distance from 50-day simple moving average (SMA50) is -9.11%. Analysts mean target price for the company is $13.14.