Basic Materials Stocks Investor’s Alert: Weatherford International (NYSE:WFT), Noble (NYSE:NE), EP Energy (NYSE:EPE)

Basic Materials Stocks Investor’s Alert: Weatherford International (NYSE:WFT), Noble (NYSE:NE), EP Energy (NYSE:EPE)

- in BASIC MATERIAL
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On Wednesday, Weatherford International Plc (NYSE:WFT)’s shares inclined 0.09% to $11.25.

WFT has the market capitalization of $8.76 billion. The stock has P/B ratio of 1.54 while EPS was $-1.61. Institutional ownership of the company was 92.90% while 779.04 million shares were outstanding. Net profit margin of the Company was -11.20% while its gross profit margin was 19.30%. Share of the company moved above its SMA 50 with 16.51%. ROE ratio was -19.80% while ROI was 1.50%.

The mean estimate for the short term price target for Weatherford International Plc (WFT) stands at $12.39 according to 28 Analysts. The higher price target estimate for the stock has been calculated at $20.00 while the lower price target estimate is at $8.00.

Analysts mean recommendation for the stock is 2.20. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

Weatherford International plc provides equipment and services used in the drilling, evaluation, completion, production, and intervention of oil and natural gas wells worldwide. The company offers managed-pressure drilling services, including closed-loop, air, managed pressure, and underbalanced drilling; drilling services, such as directional drilling, logging while drilling, measurement while drilling, and rotary steerable systems;

Noble Corp plc (NYSE:NE)’s shares dropped -1.55% to $14.00.

NE Its past 5-day performance at 8.02% . So far in 2015, the company has a year-to-date performance of -15.51%. The stock, as of last close, traded 37.02% up from its 52 week low and was -31.78% below its 52 week high. Its latest closing price was -0.88% below the SMA200 while the distance from SMA 50 and SMA 20 was 15.71% and 10.02% respectively.

The mean estimate for the short term price target for Noble Corp plc (NE) stands at $13.25 according to 28 Analysts. The higher price target estimate for the stock has been calculated at $19.00 while the lower price target estimate is at $8.00.

Analysts mean recommendation for the stock is 2.90. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

Noble Corporation plc operates as an offshore drilling contractor for the oil and gas industry worldwide. It owns and operates a fleet of mobile offshore drilling units. As of December 31, 2014, the company operated a fleet of 15 jackups, 9 drillships, and 8 semisubmersibles, including 1 high-specification, harsh environment jackup under construction.

At the end of Wednesday’s trade, EP Energy Corp (NYSE:EPE)‘s shares dipped -1.75% to $6.19.

EPE has market capitalization of $1.57 billion. Its current ratio was 1.40 while its shares were above its 50 days simple moving average with 2.16%. The company offered earning per share of $2.51 while its 248.80 million shares were outstanding. YTD performance of the company was -40.71%. Stock volatility for the week was 10.55% while for the month it was shown at 9.94%.

The mean estimate for the short term price target for EP Energy Corp (EPE) stands at $57.50 according to 4 Analysts. The higher price target estimate for the stock has been calculated at $65.00 while the lower price target estimate is at $42.00.

Analysts mean recommendation for the stock is 2.60. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

EP Energy Corporation is an independent exploration and production company. The Company is engaged in the acquisition and development of unconventional onshore oil and natural gas properties in the United States.

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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.

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