Search
Tuesday 28 April 2015
  • :
  • :

Stocks on the Move: Abraxas Petroleum (NASDAQ:AXAS), Pioneer Energy Services (NYSE:PES), Precision Drilling (NYSE:PDS), Cloud Peak Energy (NYSE:CLD)

On Wednesday, Following Stocks were among the “Top Gainers” In U.S. Stock Exchange: Abraxas Petroleum (NASDAQ:AXAS), Pioneer Energy Services (NYSE:PES), Cloud Peak Energy (NYSE:CLD), Precision Drilling (NYSE:PDS)

Abraxas Petroleum Corp. (NASDAQ:AXAS) disclosed financial and operating results for the three and twelve months ended December 31, 2014.

Production of 624 MBoe (6,785 Boepd); 626 MBoe (6,808 Boepd) inclusive of suspended Canadian operations

Proceed of $34.2 million inclusive of realized hedge settlements

Adjusted EBITDA(a) of $20.6 million inclusive of Raven Drilling

Adjusted discretionary cash flow(a) of $20.0 million inclusive of Raven Drilling

Net revenue of $30.1 million, or $0.29 per share

Abraxas Petroleum Corp. (NASDAQ:AXAS) enhanced 6.92%, and closed at $3.40. The company holds the market capitalization of $337.69M. For the last twelve months, the stock was able to keep return on equity at 50.00%, while return on assets at 23.70%, in response to its return on investment at 30.70%. Its 20-day moving average gained 7.36%, below 50-day moving average of 10.17%, below 200-day moving average of -21.29% from the latest market price of $3.40. The mean recommendation of analysts for this stock is 2.10. (Where 1=Buy, 5=Sale).

Abraxas Petroleum Corp. (AXAS) an independent energy corporation, engages in the attainment, exploitation, development, and production of oil and gas properties in the United States.

Pioneer Energy Services Corp (NYSE:PES) uncovered that the Corporation will be participating in the Scotia Howard Weil 2015 Energy Conference to be held from March 22-26 in New Orleans.

Pioneer Energy Services Corp (NYSE:PES) inclined 6.88%, and closed at $4.97. The company has the market capitalization of $296.99 million. The beta value of the stock is 2.45. On the other hand the stock’s volatility for the week is 7.31%, and for the month is 6.98%. The stock’s price to book ratio is $0.64, however price to sale ratio is $0.30. Analyst’s mean recommendation regarding this stock is 2.80. (Where 1=Buy, 5=Sale).

Pioneer Energy Services Corp (PES) through its subsidiaries offers drilling services and production services to oil and gas exploration and production companies in the United States and Colombia.

Cloud Peak Energy Inc. (NYSE:CLD) one of the largest U.S. coal producers and the only pure-play Powder River Basin coal corporation, recently declared that Colin Marshall, Cloud Peak Energy’s President and Chief Executive Officer, will speak at the Scotia Howard Weil 2015 Energy Conference at 10:20 a.m. (ET) on Wednesday, March 25, 2015 in New Orleans, Louisiana.

Cloud Peak Energy Inc. (NYSE:CLD) raised 6.70%, and closed at $6.37. The stock has price to sale ratio of 0.29, however, price to book ratio is 0.36. With recent incline, the year-to-date (YTD) performance reflected a -30.61% decline below last year. During the past month the stock lose -18.54%, bringing three-month performance to -35.66% and six-month performance to -52.32%. The mean recommendation of analysts for this stock is 2.40 (where 1=Buy, 5=Sale).

Cloud Peak Energy Inc. (CLD) through its subsidiaries produces coal in the Powder River Basin (PRB) and the United States. The corporation operates through Owned and Operated Mines, Logistics and Related Activities, and Corporate and Other segments.

Precision Drilling Corp (USA) (NYSE:PDS) disclosed that it has filed its annual disclosure documents with the Canadian Securities Commissions and the United States Securities and Exchange Commission (“SEC”). Precision’s 2014 Annual Report contains the audited merged financial statements and administration’s talk aboution and analysis for the year ended December 31, 2014. Precision’s financial results for the year ended December 31, 2014 were formerly released on February 12, 2015.

Precision Drilling Corp (USA) (NYSE:PDS)’s shares picked up 6.68%, and closed at $5.91. The stock volatility for the week is 6.24%, while for the month remained 4.83%. The company holds consensus target price of $8.99.

If we consider EPS growth of the company, then the company indicated the following observations:

The company showed 0.09 diluted EPS growth for trailing twelve months. However, YTD EPS growth remained -83.00% and Annual EPS growth for the past 5 years is considered as -29.00%.

The mean recommendation of analysts for this stock is 1.90. (Where 1=Buy, 5=Sale).

Precision Drilling Corp (USA) (PDS) offers oil and natural gas drilling and related services and products. The corporation operates through two segments, Contract Drilling Services; and Completion and Production Services.

DISCLAIMER:

This article is published by www.wsnewspublishers.com. The data demonstrated in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.




Leave a Reply

Your email address will not be published. Required fields are marked *