At the end of Monday’s trade, Shares of QUALCOMM, Inc (NASDAQ:QCOM), inclined 0.02% to $57.79.
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In other news, Director James E. Rohr purchased 2,400 shares of the stock in a transaction dated Thursday, August 20th. The 52-week high of the share price is $60.38 and the 52-week low is $37.32.
Encana (ECA +1.8%) is upgraded to Buy while Whiting Petroleum (WLL +0.8%) is downgraded to Hold at Deutsche Bank, saying investors should focus on companies such as ECA that have the ability to “differentiate in a flat price environment”. The news, prices, opinions, research, analysis, and other information published in this article are obtained from sources believed to be reliable. Citigroup Inc. raised shares of Whiting Petroleum Corp from a neutral rating to a buy rating in a research report on Wednesday, June 17th. Global Hunter Securities lowered their target price on shares of Whiting Petroleum Corp from $45.00 to $36.00 and set a “buy” rating on the stock in a research note on Tuesday, July 21st.
Vetr lowered shares of Marathon Petroleum Corp (NYSE:MPC) from a strong-buy rating to a buy rating in a report released on Thursday morning, Market Beat.com reports. The Isle Of Man-based fund Oceanic Investment Management Ltd disclosed it had bought so far a stake worth about 4.22% of the investment manager’s stock portfolio in Whiting Petroleum. Following the transaction, the director now owns 7,013 shares in the company, valued at approximately $374,494.20. One analyst has rated the stock with a sell rating, nine have given a hold rating and twenty-eight have assigned a buy rating to the company. The disclosure for this purchase can be found here.
In the last exchanging session, the stock proceeded onward high volume, exchanging at a volume of 17.09 M when contrasted with its normal day by day volume of 16.94 million shares.
Marathon Oil Corporation (NYSE:MRO)’s stock on 13 October traded at beginning with a price of $18.80 and when day-trade ended the stock finally decreased -1.95% to end at $18.59.
Weatherford worldwide, latest closing price of $ 9.74 is at a discount to its 200-day moving average price of $11.86. The firm has a market cap of $26.19 billion and a price-to-earnings ratio of 8.52.
For Whiting Petroleum Corp (NYSE:WLL), a return on equity of -7.70 percent was realized due to the financial situation. The company had revenue of $20.54 billion for the quarter, compared to analyst estimates of $19.29 billion. On average, analysts forecast that Marathon Petroleum Corp will post $5.92 earnings per share for the current year. The firm’s revenue was down 23.5% compared to the same quarter a year ago. During the same period past year, the firm posted $1.40 EPS. As per the research analyst’s view, it is highly unlikely that Whiting Petroleum’s 2017 production growth will rebound to levels similar to industry leaders, at the current crude oil price levels.
Marathon Petroleum Corporation (Marathon Petroleum) is engaged in refining, transporting and marketing petroleum products in the United States. The Oil & Gas Exploration and Production – NEC Company will release its third quarter 2015 financial and operating results on Wednesday, October 28, 2015 after the market closes.
All the respectable visitors to this website are kindly advised to conduct their own independent research into individual stocks prior to making a purchase decision.
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Individuals or firms looking to invest in Marathon Petroleum Corporation (NYSE:MPC) might also take into consideration the long term analyst estimates on the stock.
