Kosmos Has Outperformed Oil and Its Peers since Its 1Q17 Results
Kosmos Energy released its 1Q17 earnings before the market opened on May 8, 2017. Since its earnings release, KOS stock has been on a strong upward trend, rising from $5.95 to $6.65.
Lotus Valve systems are Boston Scientific’s (BSX) TAVR (transcatheter aortic valve replacement) range of devices. The device system is approved to be sold in Europe.
Boston Scientific (BSX) was trading at $27.2 on May 25, 2017. It had a 50-day moving average of $25.8 and a 200-day moving average of $23.9.
After its 1Q17 earnings were announced on April 28, Weatherford International’s implied volatility decreased from ~55.0% to 52.8%.
Approximately 92.5% of the analysts tracking Halliburton (HAL) have recommended a “buy” or equivalent.
Short interest in Halliburton (HAL) as a percentage of its float increased to ~2.3% on May 23, 2017, compared to ~2.1% on March 31, 2017.
The correlation coefficient between Schlumberger and the Dow Jones Industrial Average (DJIA-INDEX) is 0.53.
On May 23, 2017, National Oilwell Varco’s (NOV) dividend yield increased to 0.57% from ~0.50% by the end of 1Q17.
Over the next three to five years, analysts expect SLB’s earnings to improve ~54%.
Halliburton (HAL) recorded an ~$32 million net loss in 1Q17, a sharp improvement compared to a $2.4 billion net loss in 1Q16. Compared to 4Q16, HAL’s 1Q17 net earnings improved.
National Oilwell Varco (NOV) recorded an ~85% capex decrease in 1Q17 compared to 4Q16. This is the highest capex decline of the companies in this report.
Schlumberger (SLB) generated $275 million in free cash flow in 1Q17, the highest among our set of OFS companies.
From 4Q16 to 1Q17, National Oilwell Varco’s (NOV) EBITDA margin improved dramatically from -35% to 4.5%.
Halliburton’s (HAL) 1Q17 revenues increased ~2% to $4.3 billion from ~$4.2 billion in 1Q16. Compared to 4Q16, its revenues increased 6%.
In this series, we’ll compare Schlumberger, Halliburton, Weatherford International, and National Oilwell Varco. These OFS companies have posted negative returns since 1Q17.
In this part of the series, we’ll look at Sprint’s (S) technical indicators and compare them with those of other telecommunications companies.
Short interest in Williams Companies (WMB) as a percentage of float has fallen to 1.29%. Moreover, it’s lower than the past one-year and three-year averages of 2.2% and 2.4%, respectively.
Williams Companies (WMB) is currently trading 1.4% above its 50-day SMA (simple moving average) and 2.6% above its 200-day SMA.
In this part, we’ll perform a valuation analysis for WMB based on its historical and forward multiples.
Williams Companies (WMB), the midstream c-corp GP (general partner) of Williams Partners (WPZ), had a positive start to the week following last week’s sluggishness.