Transocean LTD (NYSE:RIG) options activity has gone through the roof today — especially on the put side, where volume is roughly 15 times the intraday norm. As such, the stock’s 30-day at-the-money implied volatility (IV) has jumped by 17.2% to 26.7%. Transocean LTD (NYSE:RIG) stock opened today at $39.47 and is currently trading at $38.86. The stock showed a negative weekly performance of -7.10%.
Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) could end up posting record earnings in the latest quarter when it reports Tuesday, February 25. The most indebted oil company is forecast to report higher quarterly earnings due to the support of fuel price increase as was granted by the government. Such increases in fuel prices help to reduce refining losses. The new fuel prices which took effect in November reflected increases of 4 and 8 percent on the prices of gasoline and diesel respectively. That was the first time in nine months that PBR was allowed to adjust its fuel prices upwards. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) stock opened at $10.39, in current trading session and currently is at $10.39, by loosing -1.42%.The 52 week range of $10.31-$19.55.Company’s market capitalization is $67.77 billion.
United States Steel Corporation (NYSE:X) was upgraded by the investment analysts at Nomura from the “neutral” to a “buy” rating in the note that was issued to investors. Currently, the firm has a price target of $32.00 on the stock, up from the previous PT of $27.00. Nomura’s price-objective would indicate the potential upside of 28.41 percent from United States Steel Corporation (NYSE:X)’s current price. Recently, numerous other analyst firms have commented on the United States Steel Corporation (NYSE:X) stock. Analysts at TheStreet firm, upgraded the United States Steel Corporation (NYSE:X) shares to a rating of “hold” in the research note on 26 February. United States Steel Corporation (NYSE:X) stock is currently trading at $23.94 .The EPS of the stock is -11.56. Company’s market capitalization is $3.46 billion.
Quicksilver Resources (NYSE:KWK) announced its earnings results on Friday. The company reported ($0.03) EPS for the quarter, meeting the Thomson Reuters consensus estimate of ($0.03), Analyst Ratings Network reports. The company had revenue of $112.00 million for the quarter, compared to the consensus estimate of $116.87 million.Quicksilver Resources Inc (NYSE:KWK) stock opened the session at $2.74, and now is at $2.77. The 52 week range of the KWK stock remained $1.44-$3.67 and the day range was $2.53-$2.81.