On Thursday, Following Stocks were among the “Top 100 Gainers” In U.S. Stock Exchange: EnLink Midstream Partners LP (NYSE:ENLK), QEP Resources (NYSE:QEP), Enphase Energy (NASDAQ:ENPH), Vantage Drilling Company (NYSEMKT:VTG)
EnLink Midstream Partners LP (NYSE:ENLK) disclosed the pricing of an underwritten public offering of 22,800,000 common units representing limited partner interests in the Partnership owned by a subsidiary of Devon Energy Corporation (“Devon”). The offering was priced at $25.71 per common unit. Devon has also granted the underwriters a 30-day option to purchase up to 3,420,000 additional common units. The Partnership will not receive any proceeds from the offering of common units. The total number of outstanding common units of the Partnership will remain unchanged. The offering is expected to close on or about March 30, 2015, subject to customary closing conditions.
EnLink Midstream Partners LP (NYSE:ENLK) rose 3.06%, and closed at $25.25. The stock has the beta value of 1.02, and its volatility for the week is 3.35%, while for the month it is 2.78%. The company has the market capitalization of $6.20 billion. The company holds the book value per share of 19.94, whereas cash per share is 0.04. Price to book ratio remained 1.27, while price to sale ratio is 1.77. Analysts mean recommendation for the stock is said to be 2.00 (where 1=Buy, 5=sale).
EnLink Midstream Partners LP (ENLK) along with its subsidiary, EnLink Midstream Operating, LP, offers midstream energy services. The company provides gathering, transmission, processing, fractionation, brine, and marketing services to producers of natural gas, natural gas liquids (NGL), crude oil, and condensate. It connects the wells of natural gas producers to its gathering systems; processes natural gas for the removal of NGLs; fractionates NGLs into purity products; markets the purity products; and transports natural gas to various markets.
QEP Resources Inc (NYSE:QEP) unveiled fourth quarter and full year 2014 financial and operating results. The Company promulgated net income of $665.9 million for the fourth quarter 2014, or $3.72 per diluted share, compared with a net loss of $52.0 million, or $0.29 per diluted share, in the fourth quarter 2013. For the year ended December 31, 2014, QEP Resources reported net income of $784.4 million, or $4.36 per diluted share, compared with $159.4 million, or $0.89 per diluted share, for the comparable 2013 period.
QEP Resources Inc (NYSE:QEP) enhanced 3.04%, and closed at $21.68. The company holds the market capitalization of $3.81 billion. For the last twelve months, the stock was able to keep return on equity at 23.00%, while return on assets at 8.10%, in response to its return on investment at 23.00%. Its 20-day moving average gained 3.35%, below 50-day moving average of 2.92%, above 200-day moving average of -18.33% from the latest market price of $21.68. The mean recommendation of analysts for this stock is 2.50. (Where 1=Buy, 5=Sale).
QEP Resources Inc (QEP) along with its subsidiaries, works as an exploration and production company. The company acquires, explores, develops, and produces natural gas, oil, and natural gas liquids (NGLs) primarily in the Pinedale Anticline in western Wyoming; the Williston Basin in North Dakota; the Uinta Basin in eastern Utah; the Permian Basin in western Texas; the Haynesville/Cotton Valley in northwestern Louisiana; and other proven properties in Wyoming, Utah, and Colorado. As of December 31, 2014, it had estimated proved reserves of 3,931.9 Bcfe.
Enphase Energy Inc (NASDAQ:ENPH) inclined 3.03%, and closed at $12.23. The company has the market capitalization of $537.14 million. On the other hand the stock’s volatility for the week is 6.68%, and for the month is 5.64%. The stock’s price to book ratio is $11.32, however price to sale ratio is $1.56. Analyst’s mean recommendation regarding this stock is 2.50. (Where 1=Buy, 5=Sale).
Enphase Energy Inc (ENPH) along with its subsidiaries, designs, develops, and sells microinverter systems for the solar photovoltaic industry in the United States and internationally.
Vantage Drilling Company (NYSEMKT:VTG) declares net income for the three months ended December 31, 2014 of $12.6 million or $0.04 for each diluted share as compared to earnings of $30.3 million or $.09 per diluted share for the three months ended December 31, 2013. The three months ended December 31, 2014 includes a gain on the early retirement of debt of approximately $4.2 million. The $4.2 million gain on the early retirement of debt represents the discount to the face value of debt that we purchased in the open market, net of writing off deferred financing costs. The total debt retirement for the quarter, including scheduled maturities and open market purchase of debt, totaled approximately $60.6 million at face value.
Vantage Drilling Company (NYSEMKT:VTG)’s shares picked up 3.00%, and closed at $2.70. The stock volatility for the week is 10.03%, while for the month remained 7.80%.
If we consider EPS growth of the company, then the company indicated the following observations:
The company showed 0.12 diluted EPS growth for trailing twelve months. However, YTD EPS growth remained 151.90% and Annual EPS growth for the past 5 years is considered as 14.90%.
The mean recommendation of analysts for this stock is 2.70. (Where 1=Buy, 5=Sale).
Vantage Drilling Company (VTG) along with its subsidiaries, offers offshore contract drilling services in the United States and internationally. It offers drilling units, related equipment, and work crews under contract to drill oil and natural gas wells. The company also provides construction supervision and operations management services for drilling units owned by others.
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