On Thursday, Following Stocks were among the “Top Losers” In U.S. Stock Exchange: Freeport-McMoRan Inc (NYSE:FCX), Noble Corp plc (NYSE:NE), LinnCo LLC (NASDAQ:LNCO), Encana Corporation (USA) (NYSE:ECA)
Freeport-McMoRan Inc (NYSE:FCX)’s shares dwindled -5.32%, and closed at $17.26. The stock volatility for the week is 4.87%, while for the month remained 3.67%. The company holds consensus target price of $25.53.
If we consider EPS growth of the company, then the company indicated the following observations:
The company showed -1.27 diluted EPS growth for trailing twelve months. However, YTD EPS growth remained -147.70% and Annual EPS growth for the past 5 years is considered as -19.40%.
The mean recommendation of analysts for this stock is 2.40. (where 1=Buy, 5=Sale).
Freeport-McMoRan Inc., a natural resource company, engages in the attainment of mineral assets, and oil and natural gas resources. It primarily explores for copper, gold, molybdenum, cobalt, silver, and other metals, in addition to oil and gas. The company operates through North America Copper Mines; South America Mining; Indonesia Mining; Africa Mining; Molybdenum Mines; United States (U.S.) Oil and Gas Operations; Rod & Refining; and Atlantic Copper Smelting & Refining segments. It holds interests in various mines located in the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, Miami, Chino, Tyrone, Henderson, and Climax in North America; Cerro Verde and El Abra in South America; and Tenke Fungurume minerals district in Africa.
Noble Corp plc (NYSE:NE), declined -5.31%, and closed at $13.55. The company holds the market capitalization of $3.46B. For the last twelve months, the stock was able to keep return on equity at 3.30%, while return on assets at 1.70%, in response to its return on investment at 0.70%. Its 20-day moving average declined -14.77%, below 50-day moving average of -17.53%, below 200-day moving average of -35.96% from the latest market price of $13.55. The mean recommendation of analysts for this stock is 2.90.(where 1=Buy, 5=Sale).
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, counting 1 high-specification, harsh environment jackup under construction. Noble Corporation plc was founded in 1921 and is headquartered in London, United Kingdom.
LinnCo LLC (NASDAQ:LNCO), dipped -5.11%, and closed at $9.29. The company has the market capitalization of $1.26B. On the other hand the stock’s volatility for the week is 6.37%, and for the month is 4.70%. The stock’s price to book ratio is 0.92, however price to cash ratio is 183.71. Analyst’s mean recommendation regarding this stock is 2.50. (where 1=Buy, 5=Sale).
LinnCo, LLC, through its limited liability company interests in Linn Energy, LLC, focuses on the attainment and development of oil and natural gas properties in the United States. The company was founded in 2012 and is headquartered in Houston, Texas.
Encana Corporation (USA) (NYSE:ECA), dropped -5.09%, and closed at $10.82. The stock has price to sale ratio of 1.00, however, price to book ratio is 0.83. With recent decline, the year-to-date (YTD) performance reflected a -21.48% decline below last year. During the past month the stocks lose -21.25%, bringing three-month performance to -12.74% and six-month performance to -51.31%. The mean recommendation of analysts for this stock is 2.60. (where 1=Buy, 5=Sale).
Encana Corporation, together with its subsidiaries, engages in the development, exploration, production, and marketing of natural gas, oil, and natural gas liquids in Canada and the United States. The company owns interests in plays, such as the Montney in northern British Columbia and northwest Alberta; Duvernay in west central Alberta; Clearwater in central and southern Alberta; Deep Panuke in offshore Nova Scotia; Cadomin/Doig in northeast British Columbia; Horn River in northeast British Columbia; and Granite Wash/Doig in northwest Alberta. It also holds interests in plays that comprise the Eagle Ford in south Texas; Permian in west Texas; DJ Basin in northern Colorado; San Juan in northwest New Mexico; Piceance in northwest Colorado; Haynesville in northwest Louisiana; and Tuscaloosa Marine Shale in east Louisiana and west Mississippi. Encana Corporation primarily markets its products to local distribution companies, industrials, other producers, and energy marketing and midstream companies. The company was founded in 1971 and is headquartered in Calgary, Canada.
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