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Home » Business & Finance » U.S. Exchange Fallen Stocks to Watch for - Bill Barrett Corporation (NYSE:BBG), Hercules Offshore, Inc (NASDAQ:HERO), Gulfport Energy Corporation (NASDAQ:GPOR), RPC, Inc (NYSE:RES)
U.S. Exchange Fallen Stocks to Watch for – Bill Barrett Corporation (NYSE:BBG), Hercules Offshore, Inc (NASDAQ:HERO), Gulfport Energy Corporation (NASDAQ:GPOR), RPC, Inc (NYSE:RES)

U.S. Exchange Fallen Stocks to Watch for - Bill Barrett Corporation (NYSE:BBG), Hercules Offshore, Inc (NASDAQ:HERO), Gulfport Energy Corporation (NASDAQ:GPOR), RPC, Inc (NYSE:RES)

March 10, 2015 11:28 am by: Category: Business & Finance Leave a comment A+ / A-

Following U.S. Stocks were among the “Top Losers” during Monday’s trade: Bill Barrett Corporation (NYSE:BBG), Hercules Offshore, Inc (NASDAQ:HERO), Gulfport Energy Corporation (NASDAQ:GPOR), RPC, Inc (NYSE:RES)

Their insights are depicted underneath:

Bill Barrett Corporation (NYSE:BBG)’s shares dwindled -5.14%, and closed at $9.05. The stock volatility for the week is 6.82%, while for the month remained 7.83%. The mean recommendation of analysts for this stock is 2.80. (where 1=Buy, 5=Sale).

Bill Barrett Corporation, an independent energy corporation, attains, explores for, and develops oil and natural gas resources in the United States. It primarily holds interests in the Denver-Julesburg basin, the Uinta oil program in the Uinta Basin, and the Gibson Gulch area in the Piceance basin in the Rocky Mountain region of the United States. The corporation was founded in 2002 and is headquartered in Denver, Colorado.

Hercules Offshore, Inc (NASDAQ:HERO), declined -4.98%, and closed at $0.570.

Through PRNewswire, on February 26, Hercules Offshore, Inc. (HERO), declared that it has received a notice from Saudi Aramco terminating its drilling contract for the Hercules 261, effective March 27, 2015. The Corporation is in the process of seeking a basis for ongoing the Hercules 261 contract. As formerly revealed, the Corporation has been in talk aboutions with Saudi Aramco about a possible rate reduction on the Hercules 262 and Hercules 266. The Corporation has not received a notice of termination from Saudi Aramco with respect to these rigs.

Hercules Offshore, Inc., together with its auxiliaries, provides shallow-water drilling and marine services to the oil and natural gas exploration and production industry worldwide.

Gulfport Energy Corporation (NASDAQ:GPOR), dipped -4.95%, and closed at $43.22.

Through GLOBE NEWSWIRE, on February 25, Gulfport Energy Corp. (GPOR), stated financial and operational results for the quarter and year ended December 31, 2014 and offered an update on its 2015 activities. Key information is as follows:

  • Full-year 2014 production totaled 87.7 Bcfe, or 240.3 MMcfepd, in 2014, as contrast to 24.7 Bcfe, or 67.7 MMcfepd, in 2013, representing an raise of 255% year-over-year.
  • Fourth quarter 2014 production totaled 35.1 Bcfe, or 381.9 MMcfepd, in the fourth quarter of 2014, as contrast to 9.2 Bcfe, or 100.0 MMcfepd, in the fourth quarter of 2013, representing an raise of 282% quarter-over-quarter.
  • Net revenue of $110.1 million, or $1.28 per diluted share, in the fourth quarter of 2014.
  • Adjusted net revenue (as defined below) of $10.7 million, or $0.12 per diluted share, in the fourth quarter of 2014.
  • Gulfport spud 85 gross (67.2 net) wells and turned-to-sales 63 gross (47.4 net) wells in the Utica during 2014.
  • Forecasted 2015 full-year production estimated to be 432 to 480 MMcfepd and 2015 E&P capital expenditures budgeted to be $545 to $595 million, with 96% allocated to activities in the Utica Shale.

Gulfport Energy Corporation is an Oklahoma City-based independent oil and natural gas exploration and production corporation with its principal producing properties located in the Utica Shale of Eastern Ohio and along the Louisiana Gulf Coast. In addition, Gulfport holds a sizeable acreage position in the Alberta Oil Sands in Canada through its 25% interest in Grizzly Oil Sands ULC.

RPC, Inc (NYSE:RES), dropped -4.94%, and closed at $12.71. The company has the market capitalization of $2.90B. The beta value of the stock is 1.01. On the other hand the stock’s volatility for the week is 4.85%, and for the month is 5.22%. The stock price to book value is $2.52; however price to sale value is $1.18. Analyst’s mean recommendation regarding this stock is 2.40. (where 1=Buy, 5=Sale).

RPC, Inc. provides a range of oilfield services and equipment for oil and gas companies involved in the exploration, production, and development of oil and gas properties in the United States, Africa, Canada, China, Eastern Europe, Latin America, the Middle East, and New Zealand. The corporation operates in two segments, Technical Services and Support Services.

U.S. Exchange Fallen Stocks to Watch for - Bill Barrett Corporation (NYSE:BBG), Hercules Offshore, Inc (NASDAQ:HERO), Gulfport Energy Corporation (NASDAQ:GPOR), RPC, Inc (NYSE:RES) Reviewed by on . Following U.S. Stocks were among the "Top Losers" during Monday's trade: Bill Barrett Corporation (NYSE:BBG), Hercules Offshore, Inc (NASDAQ:HERO), Gulfport Ene Following U.S. Stocks were among the "Top Losers" during Monday's trade: Bill Barrett Corporation (NYSE:BBG), Hercules Offshore, Inc (NASDAQ:HERO), Gulfport Ene Rating: 0

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