What Do Almost Half of Core Laboratories’s Analysts Recommend?
Approximately 47% of analysts tracking Core Laboratories (CLB) rate it a “buy” or some equivalent. Approximately 41% rate the company a “hold” or an equivalent.
Core Laboratories (CLB) released its financial information for 2Q16 on July 20, 2016. Its stock reacted mildly positively immediately following the earnings release.
Core Laboratories (CLB) released its 2Q16 financial results on July 20. CLB recorded total revenues of ~$148 million in 2Q16, down by 27.4% from $203.9 million recorded in 2Q15.
On July 20, 2016, the short interest as a percentage of its float (or, the short interest ratio) of EQT’s stock was 3.9%.
EQT’s stock price on July 20, 2016, was $75.08. EQT’s consensus target price of $85 indicates a return of ~13% over the next 12 months.
EQT Corporation’s (EQT) stock mostly followed a falling trend in the second half of 2015.
EQT increased its 2016 production guidance range to 710–730 Bcfe from the previous 700–720 Bcfe it provided in its 4Q15 earnings.
EQT’s revenue fell by ~20% YoY (year-over-year) in 1Q16. In comparison, its YoY revenue growth was 1% in 1Q15 and -17% in 4Q15.
EQT (EQT) is expected to release its fiscal 2Q16 earnings results on July 28, 2016.
Of the 21 analysts tracking FirstEnergy, 14 have recommended a “hold,” and five have recommended a “buy” as of July 21, 2016.
In this part, we’ll look at total returns of hybrid utilities in the last 12 months. FirstEnergy (FE) returned nearly 13%. The largest, Exelon (EXC), returned 15%.
FirstEnergy (FE) is currently trading at a 6% and 9% premium to its 50-day and 200-day moving averages, respectively.
US regulated utilities outperformed their hybrid peers in 2016 by a wide margin. Hybrid utilities experienced many periodic hiccups this year.
FirstEnergy’s (FE) increased focus on its regulated operations is evident from its capital investment plan. It expects to spend $4.2 billion on regulated transmissions through 2017.
FirstEnergy (FE) is expected to report earnings of $0.54 per share for 2Q16, which ended June 30, 2016. For 2Q15, it reported earnings of $0.53 per share.
FirstEnergy (FE) is expected to report its 2Q16 earnings on July 28, 2016. According to analyst estimates, it’s expected to report sales of $3.4 billion.
On July 19, 2016, short interest as a percentage of float (or short interest ratio) in Whiting Petroleum (WLL) stock was 14.3%.
What analysts are targeting for Whiting Petroleum Let’s take a look now at analysts’ high, low, average, and median target prices for Whiting Petroleum (WLL). WLL’s high target price stands…
Whiting Petroleum (WLL) stock has been mostly on an uptrend since the start of 2016, mirroring the rally in crude oil prices (USO).
Whiting Petroleum (WLL) has provided a 2016 production guidance of 131.4–136.9 Mboepd. This represents a fall of 18% at the midpoint compared to 2015 levels.