On Wednesday, Microsoft Corporation (NASDAQ:MSFT)’s shares declined -0.42% to $56.31. Microsoft Corporation (NASDAQ:MSFT) is now worth about $451.72 billion. The share price has made a 4.03% gain in the past 5 days and has gained 21.23% since 2015 kicked off. Analysts are forecasting EPS growth of 1.49% for next fiscal year and 9.13% growth in the next 5 years. The stock trades with a beta of 0.98. The stock price is above by 20.21% as contrast to the average price over the last 200 days. The company has 64.80% gross margins.
Microsoft Corporation, a technology company, develops, licenses, and supports software products, services, and devices worldwide. The company’s Devices and Consumer (D&C) Licensing segment licenses Windows operating system and related software; Microsoft Office for consumers; and Windows Phone operating system. Its Computing and Gaming Hardware segment provides Xbox gaming and entertainment consoles and accessories, second-party and third-party video games, and Xbox Live subscriptions; surface devices and accessories; and Microsoft PC accessories.
ConocoPhillips (NYSE:COP)’s shares dropped -2.45% to $46.60.
On the heels of the U.S. government’s recent lifting of the federal ban on the export of crude oil produced in the United States, NuStar Energy (NS) and ConocoPhillips (COP) declare they are loading what they believe to be the nation’s first export cargo of U.S.-produced light crude oil since the 40-year-old ban was lifted on December 18.
ConocoPhillips committed to sell Eagle Ford light crude oil/condensate to international trading company Vitol. The cargo is predictable to complete loading at NuStar’s North Beach Terminal located in the Port of Corpus Christi on December 31, 2015.
NuStar has invested heavily in recent years to expand its South Texas Crude Oil Pipeline System to move crude oil from the Eagle Ford Shale play to Corpus Christi. The company has also made major investments in its Corpus Christi terminal operations with the addition of more storage tanks, dock space and automated systems that allow the company to better accommodate and provide logistics services for its customers, counting the ability to load export-size cargoes from its docks.
“Based on our investments in Corpus Christi and our South Texas pipeline system, NuStar was well-positioned, equipped and staffed to right away start loading cargoes for export,” said NuStar President and CEO Brad Barron. “And we plan on further expanding our Corpus Christi operations to provide more options to our customers to move Eagle Ford Shale crude oil, whether it is being moved domestically or internationally. In fact, we are presently in the process of developing a second private dock in the Port of Corpus Christi.”
ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas, and natural gas liquids worldwide. Its portfolio comprises shale and oil sands assets; lower-risk legacy assets in North America, Europe, Asia, and Australia; various international developments; and exploration prospects.
Fastenal Company (NASDAQ:FAST)‘s shares dipped -0.31% to $41.51. The last trading range of Fastenal Company (NASDAQ:FAST) ranges between $41.47 and $41.93. The EPS of the company stands at $1.78. The 52-week range shows that the stock reached higher at $48.43 while its lower range is $34.45 in the last 52-weeks. The average volume of the company is at 2.28 million with the Outstanding Shares of 289.70 million. The market capitalization of the company is $12.06 billion. The Beta of the company stands at 0.96 with the RSI (Relative Strength Index) of 60.46.
Fastenal Company, together with its auxiliaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, and internationally. The company offers fasteners, and other industrial and construction supplies primarily under the Fastenal name.