Basic Materials Stocks in Focus: Plains GP Holdings (NYSE:PAGP), Seadrill (NYSE:SDRL), Patterson-UTI Energy, (NASDAQ:PTEN)

Basic Materials Stocks in Focus: Plains GP Holdings (NYSE:PAGP), Seadrill (NYSE:SDRL), Patterson-UTI Energy, (NASDAQ:PTEN)

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On Wednesday, Plains GP Holdings LP (NYSE:PAGP)’s shares declined -19.10% to $12.45.

(PAGP) has 95.40% institutional ownership while its EPS ratio was 0.54. The company has 224.31 million shares outstanding while market capitalization of the company was $9.33 billion. Price to book ratio was 1.55. Net profit margin of the company was 0.30% while gross profit margin was 11.30%. Stock volatility for the month was booked as 9.24% while for the week was recorded as 5.18%.

The mean estimate for the short term price target for Plains GP Holdings LP (PAGP) stands at $23.14 according to 22 Analysts. The higher price target estimate for the stock has been calculated at $36.00 while the lower price target estimate is at $20.00.

Analysts mean recommendation for the stock is 2.10. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

Plains GP Holdings, L.P. (PAGP), owns an interest in the general partner and incentive distribution rights of Plains All American Pipeline, L.P (PAA). The Company has no separate operating activities apart from those conducted by PAA.

Seadrill Ltd (NYSE:SDRL)’s shares dropped -1.28% to $7.02.

(SDRL) has the market capitalization of $3.40 billion. The stock has P/B ratio of 0.33 while EPS was $2.26. Institutional ownership of the company was 39.20% while 492.76 million shares were outstanding. Net profit margin of the Company was 22.40% while its gross profit margin was 59.80%. Share of the company moved above its SMA 50 with 2.33%. ROE ratio was 10.90% while ROI was 9.90%.

The mean estimate for the short term price target for Seadrill Ltd (SDRL) stands at $10.60 according to 12 Analysts. The higher price target estimate for the stock has been calculated at $24.00 while the lower price target estimate is at $5.00.

Analysts mean recommendation for the stock is -3.20. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

Seadrill Limited is an offshore drilling contractor providing offshore drilling services to the oil and gas industry. The Company’s primary business is the ownership and operation of drillships, semi-submersible rigs and jack-up rigs for operations in shallow and deep water areas, as well as benign and harsh environments.

At the end of Wednesday’s trade, Patterson-UTI Energy, Inc. (NASDAQ:PTEN)‘s shares surged 0.06% to $16.49.

(PTEN) Its past 5-day performance at 9.42 % . So far in 2015, the company has a year-to-date performance of -0.6%. The stock, as of last close, traded 28.63% up from its 52 week low and was -27.81% below its 52 week high. Its latest closing price was -6.42% below the SMA200 while the distance from SMA 50 and SMA 20 was 11.79% and 7.35% respectively.

The mean estimate for the short term price target for Patterson-UTI Energy, Inc. (PTEN) stands at $16.81 according to 21 Analysts. The higher price target estimate for the stock has been calculated at $23.00 while the lower price target estimate is at $10.00.

Analysts mean recommendation for the stock is 2.40. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

Patterson-UTI Energy, Inc. owns and operates fleets of land-based drilling rigs and a fleet of pressure pumping equipment in the United States. The Company operates in three segments: Contract Drilling; Pressure Pumping, and Oil and Natural Gas.

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