Following U.S. Stocks were among the “Top Losers” during Monday’s trade: Civeo Corp (NYSE:CVEO), Southwestern Energy Company (NYSE:SWN), SandRidge Energy Inc (NYSE:SD), The Medicines Company (NASDAQ:MDCO)
Their insights are depicted underneath:
Civeo Corp (NYSE:CVEO)’s shares dwindled -5.77%, and closed at $3.43.
Through GLOBE NEWSWIRE, Civeo Corporation (CVEO), released that it has planned its fourth quarter 2014 earnings conference call for Friday, March 13, 2015 at 8:30 am Eastern time. During the call, Civeo will talk about the results for the quarter ended December 31, 2014, which are predictable to be released on March 12, 2015, after markets close.
Civeo Corporation is a leading provider of workforce accommodations with prominent market positions in the Canadian oil sands and the Australian natural resource regions. Civeo offers comprehensive solutions for housing hundreds or thousands of workers with its long-term and temporary accommodations and provides catering, facility administration, water systems and logistics services.
Southwestern Energy Company (NYSE:SWN), declined -5.75%, and closed at $22.29, hitting new 52-week low of $22.23.
Through PRNewswire, on February 26, Southwestern Energy Co. (SWN), declared its financial and operating results for the fourth quarter and the year ended December 31, 2014. Calendar year 2014 highlights comprise:
- Record adjusted net revenue (a non-GAAP measure reconciled below) of $801 million, or $2.27 per diluted share, up 14% contrast to 2013 levels when not including gains on derivative contracts, net of settlements, discrete revenue tax adjustments and certain transaction costs associated with the West Virginia and southwest Pennsylvania attainment closed in the fourth quarter of 2014;
- Record net cash offered by operating activities before changes in operating assets and liabilities (a non-GAAP measure reconciled below) of about $2.3 billion, up 14% contrast to 2013;
- Record gas and oil production of 768 Bcfe, up 17% contrast to 2013;
- Northeast Appalachia production up 69% contrast to 2013; gross operated production reaches 1.0 Bcf per day;
- Record total proved reserves of about 10.7 Tcfe, up 54% contrast to 2013 levels;
- Reserve replacement of 591%, counting reserve revisions and attainments; and
- Closing of the attainment of 413,000 net acres in West Virginia and southwest Pennsylvania for about $5.0 billion in December 2014, with the closing in January 2015 of an additional 30,000 net acres in this area for about $365 million and about 46,700 net acres in northeast Pennsylvania and firm transportation capacity of 260 million cubic feet per day for $288 million.
The production growth in 2014 was primarily driven by the Northeast Appalachia division where gross operated production surpassed 1.0 Bcf per day at year-end. This exit rate contrast to an exit rate of 700 MMcf per day at year-end 2013.
Southwestern Energy Corporation, an independent energy corporation, engages in the exploration, development, and production of natural gas and oil in the United States.
SandRidge Energy Inc (NYSE:SD) dipped -5.66%, and closed at $1.50. With recent incline, the year-to-date (YTD) performance reflected a -21.05% decline below last year. During the past month the stocks lose -23.47%, bringing three-month performance to -30.56% and six-month performance to -70.12%. The mean recommendation of analysts for this stock is 3.50. (where 1=Buy, 5=Sale).
SandRidge Energy, Inc., an oil and natural gas corporation, explores for and produces oil and natural gas properties primarily in the Mid-Continent region of the United States.
The Medicines Company (NASDAQ:MDCO), dropped -5.63%, and closed at $27.16.
The Medicines Company (MDCO), presented at the Cowen 35th Annual Health Care Conference in Boston, MA on Tuesday, March 3, 2015.
The Medicines Corporation’s purpose is to save lives, alleviate suffering and contribute to the economics of healthcare by focusing on 3,000 leading acute/intensive care hospitals worldwide. Its vision is to be a leading provider of solutions in three areas: acute cardiovascular care, surgery and perioperative care, and serious infectious disease care.
