|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||4.84 - 4.84|
|52-week range||4.72 - 12.30|
|Beta (3Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Eni (E) reported comprehensive earnings miss, TC Energy's (TRP) bottom line matched the Zacks Consensus Estimate, while Pioneer Natural Resources (PXD) outperformed our profit projection.
The Steinhausen, Switzerland-based company said it had a loss of 28 cents per share. Losses, adjusted for one-time gains and costs, were 30 cents per share. The results fell short of Wall Street expectations. ...
A three-judge panel found the lower court miscalculated damages because it used a standby rate to determine what Eni would have paid Transocean to complete the contract. It sent the damages decision back to the District Court to recalculate damages based on what work the rig could have performed. Transocean declined to comment on the ruling.
Offshore oil drilling stocks are set to rise with a projected rebound in deepwater drilling after its deepest downturn in 30 years as investment capital rushed to land-based shale drilling, analysts said in a Barron's article. Evercore ISI analyst James West favors Transocean Ltd , Ensco PLC, Rowan Cos PLC and Diamond Offshore Drilling Inc, he told Barron's. Last month, shareholders at Ensco and Rowan agreed to merge. West called Transocean "the best-managed company in the group" and told Barron's the company "has plenty of room for improvement" after its December purchase of Ocean Rig UDW, which operated semi-submersible oil platforms and underwater drillships.
The company's fourth-quarter earnings were unremarkable, but management continues to get ready for the long-awaited recovery of offshore drilling.
Stocks that moved substantially or traded heavily on Tuesday: Walmart Inc., up $2.21 to $102.20 The giant retailer's earnings beat analysts' forecasts as online sales grew, as did its grocery pickup and ...
On a per-share basis, the Steinhausen, Switzerland-based company said it had a loss of 48 cents. Losses, adjusted for non-recurring costs, came to 34 cents per share. The results missed Wall Street expectations. ...