Stock Earnings Estimates Under Consideration: Hertz Global Holdings Inc (NYSE:HTZ)

The shares of Hertz Global Holdings Inc (NYSE:HTZ)currently has mean rating of 2.1 while 3 analyst have recommended the shares as ‘BUY’ ,2 recommended as ‘OUTPERFORM’ and 3 recommended as ‘HOLD’.The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell

The mean price target for the shares of Hertz Global Holdings Inc (NYSE:HTZ)is at $13.83 while the highest price target suggested by the analysts is $16.00 and low price target is $11.00. The mean price target is calculated keeping in view the consensus of 6 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 2.67B by 6 analysts. The means estimate of sales for the year ending Dec 16 is 10.52B by 7 analysts.

The average estimate of EPS for the current fiscal quarter for Hertz Global Holdings Inc (NYSE:HTZ)stands at $0.21 while the EPS for the current year is fixed at $0.94 by 7.00 analysts

The next one year’s EPS estimate is set at 1.19 by 8.00 analysts while a year ago the analysts suggested the company’s EPS at $0.94. The analysts also projected the company’s long-term growth at 23.24% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , Hertz Global Holdings Inc (NYSE:HTZ)reported earnings of $-0.12. The posted earnings missed the analyst’s consensus by $-0.11 with the surprise factor of -1,100.00%. In the matter of earnings surprises, the term ‘Cockroach Effect’ is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

Hertz Global Holdings Inc (NYSE:HTZ) traded up +4.59% during trading on Friday, hitting $11.88 . The stock had a trading volume of 8.8 M shares. The firm has a 50 day moving average of $9.71 and a 200-day moving average of $10.25. The stock has a market cap of $5.03B and a price-to-earnings ratio of 18.19. On Jul 17, 2015 the shares registered one year high at $20.50 and the one year low was seen on Feb 11, 2016.

On June 23, 2016 Hertz Global Holdings Inc (NYSE:HTZ) will continue to serve as the official car rental partner for Disneyland Paris – Europe’s top tourist destination – for a further five years, following a recent renewal agreement.

The partnership, which celebrated its 20th anniversary in 2015, has been expanded beyond France to a European level. As a result, Disneyland Paris guests (totalling 14.8 million annually) will benefit from special car rental rates in locations across Belgium, France, Germany, Italy, Luxembourg, The Netherlands, Spain and the UK, from the end of this year.

To mark its partnership renewal, Hertz and Disneyland Paris will kick off a new program of joint marketing activity. Hertz will also continue to benefit from exposure in the resort, including ongoing sponsorship of the Main Street Vehicles attraction. The car rental company’s product line includes the Family Collection, an ideal choice for groups and families visiting the parks.

Michel Taride, Group President, Hertz International, said: “Disneyland Paris is undeniably one of the best and most popular tourist attractions in Europe and we’re proud of our special relationship with the park for more than 20 years. This latest agreement will mean continued collaboration between Hertz and Disneyland Paris for the benefit of all of our customers.”

Thierry Pedros, Vice President of Strategic Alliances at Disneyland Paris and The Walt Disney Company EMEA, commented: “We’re delighted about this lasting partnership. The extension of this agreement illustrates our shared desire to build privileged relationships with European visitors, and to help them have access to everything necessary for a truly successful stay at Disneyland Paris.”

Ratings Round Up: Teck Resources Ltd (USA) (NYSE:TCK)

The shares of Teck Resources Ltd (USA) (NYSE:TCK)currently has mean rating of 3.0 while 4 analyst have recommended the shares as ‘BUY’ ,2 recommended as ‘OUTPERFORM’ and 9 recommended as ‘HOLD’.The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell

The mean price target for the shares of Teck Resources Ltd (USA) (NYSE:TCK)is at $9.74 while the highest price target suggested by the analysts is $16.05 and low price target is $4.66. The mean price target is calculated keeping in view the consensus of 18 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 1.75B by 9 analysts. The means estimate of sales for the year ending Dec 16 is 7.60B by 19 analysts.

The average estimate of EPS for the current fiscal quarter for Teck Resources Ltd (USA) (NYSE:TCK)stands at $-0.01 while the EPS for the current year is fixed at $0.27 by 17.00 analysts

The next one year’s EPS estimate is set at 0.57 by 21.00 analysts while a year ago the analysts suggested the company’s EPS at $0.27. The analysts also projected the company’s long-term growth at 23.84% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , Teck Resources Ltd (USA) (NYSE:TCK)reported earnings of $0.03. The posted earnings topped the analyst’s consensus by $0.06 with the surprise factor of 200.00%. In the matter of earnings surprises, the term ‘Cockroach Effect’ is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

Teck Resources Ltd (USA) (NYSE:TCK) traded up +3.82% during trading on Friday, hitting $12.84 . The stock had a trading volume of 5.8 M shares. The firm has a 50 day moving average of $10.61 and a 200-day moving average of $7.21. The stock has a market cap of $7.37B. On Jun 23, 2016 the shares registered one year high at $12.84 and the one year low was seen on Jan 13, 2016.

On June 21, 2016 Teck Resources Ltd (USA) (NYSE:TCK) announced the release of its 2015 Sustainability Report, Essentials, which was published on Thursday, April 28, 2016.

The company will hold a conference call to discuss the Sustainability Report at 11:00 a.m. Eastern time / 8:00 a.m. Pacific time on Tuesday, July 12, 2016. The conference call dial-in is 416.340.2216 or toll free 866.223.7781, no pass code required. Media are invited to attend on a listen-only basis.

A live audio webcast of the conference call, together with supporting presentation slides, will be available on Teck’s website at www.teck.com.

To listen to a post-call recording of the call, dial 905.694.9451 or toll free 800.408.3053 and enter access number 9135247 when prompted. The recording will be available from 2:00 p.m. Pacific time July 12, 2016 to 11:59 p.m. Pacific time August 12, 2016.

About Teck

Teck is a diversified resource company committed to responsible mining and mineral development with major business units focused on copper, steelmaking coal, zinc and energy. The pursuit of sustainability guides Teck’s approach to business. Teck is building partnerships and capacity to confront sustainability challenges within the regions in which it operates and at the global level. Headquartered in Vancouver, Canada, its shares are listed on the Toronto Stock Exchange under the symbols TCK.A and TCK.B and the New York Stock Exchange under the symbol TCK. Learn more about www.teck.com or follow @TeckResources.

Analysts Ratings on Metlife Inc (NYSE:MET)

The shares of Metlife Inc (NYSE:MET)currently has mean rating of 2.1 while 6 analyst have recommended the shares as ‘BUY’ ,5 recommended as ‘OUTPERFORM’ and 6 recommended as ‘HOLD’.The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell

The mean price target for the shares of Metlife Inc (NYSE:MET)is at $51.00 while the highest price target suggested by the analysts is $62.00 and low price target is $44.00. The mean price target is calculated keeping in view the consensus of 14 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 17.33B by 8 analysts. The means estimate of sales for the year ending Dec 16 is 68.65B by 10 analysts.

The average estimate of EPS for the current fiscal quarter for Metlife Inc (NYSE:MET)stands at $1.39 while the EPS for the current year is fixed at $5.45 by 16.00 analysts

The next one year’s EPS estimate is set at 6.00 by 18.00 analysts while a year ago the analysts suggested the company’s EPS at $5.45. The analysts also projected the company’s long-term growth at 12.40% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , Metlife Inc (NYSE:MET)reported earnings of $1.20. The posted earnings missed the analyst’s consensus by $-0.18 with the surprise factor of -13.00%. In the matter of earnings surprises, the term ‘Cockroach Effect’ is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

Metlife Inc (NYSE:MET) traded up +3.81% during trading on Friday, hitting $44.18 . The stock had a trading volume of 5.6 M shares. The firm has a 50 day moving average of $43.85 and a 200-day moving average of $43.70. The stock has a market cap of $48.53B and a price-to-earnings ratio of 9.48. On Jul 16, 2015 the shares registered one year high at $58.13 and the one year low was seen on Feb 11, 2016.

On June 23, 2016 Metlife Inc (NYSE:MET) ranks as the No. 1 insurance company in the world and the No. 1 financial services company in the U.S. for environmental performance. The Newsweek rankings assess corporate sustainability practices of the 500 largest publicly traded companies in the U.S., and the 500 largest publicly traded companies in the world.

“MetLife has a long history of promoting a healthy environment for our customers, their families and the communities that we serve, and we are proud to receive this recognition of our efforts,” said Joe Sprouls, who manages MetLife’s environmental initiatives as executive vice president and head of Global Corporate Services within Global Technology & Operations.

The Newsweek Green Rankings are based on an analysis of each company’s publicly available data. Newsweek’s research partners, Corporate Knights Capital and HIP Investor, look at multiple key performance indicators that include: audited environmental metrics; revenue generated from sustainable products and services; and demonstrated commitment from senior leaders to progress on environmental initiatives.

MetLife’s environmental practices demonstrate the company’s ongoing commitment to environmental stewardship. Other independent organizations recognizing MetLife’s sustainability efforts include the Carbon Disclosure Project, Bloomberg, Energy Star, the U.S. Green Building Council and the Environmental Protection Agency.

Ratings Round Up: Bristol-Myers Squibb Co (NYSE:BMY)

The shares of Bristol-Myers Squibb Co (NYSE:BMY)currently has mean rating of 2.3 while 8 analyst have recommended the shares as ‘BUY’ ,5 recommended as ‘OUTPERFORM’ and 9 recommended as ‘HOLD’.The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell

The mean price target for the shares of Bristol-Myers Squibb Co (NYSE:BMY)is at $76.38 while the highest price target suggested by the analysts is $100.00 and low price target is $48.00. The mean price target is calculated keeping in view the consensus of 21 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 4.60B by 16 analysts. The means estimate of sales for the year ending Dec 16 is 18.49B by 22 analysts.

The average estimate of EPS for the current fiscal quarter for Bristol-Myers Squibb Co (NYSE:BMY)stands at $0.66 while the EPS for the current year is fixed at $2.56 by 19.00 analysts

The next one year’s EPS estimate is set at 3.22 by 24.00 analysts while a year ago the analysts suggested the company’s EPS at $2.56. The analysts also projected the company’s long-term growth at 22.85% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , Bristol-Myers Squibb Co (NYSE:BMY)reported earnings of $0.74. The posted earnings topped the analyst’s consensus by $0.09 with the surprise factor of 13.80%. In the matter of earnings surprises, the term ‘Cockroach Effect’ is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

Bristol-Myers Squibb Co (NYSE:BMY) traded up +0.46% during trading on Friday, hitting $72.91 . The stock had a trading volume of 5.6 M shares. The firm has a 50 day moving average of $71.75 and a 200-day moving average of $67.00. The stock has a market cap of $121.26B and a price-to-earnings ratio of 78.02. On Jun 6, 2016 the shares registered one year high at $75.12 and the one year low was seen on Aug 24, 2015.

On June 20, 2016 Bristol-Myers Squibb Co (NYSE:BMY) announced that Murdo Gordon has been appointed executive vice president and chief commercial officer, a newly created position, effective June 21, 2016. Gordon will be responsible for leading the execution of commercial strategy across geographies. In this role, he will lead our Worldwide Markets in addition to a new Worldwide Commercialization team. Gordon will continue to report to Giovanni Caforio, M.D., chief executive officer, and remain a member of his Leadership Team. Gordon most recently co-led the commercial organization as Head of Worldwide Markets.

“Murdo has demonstrated tremendous success driving commercial excellence at Bristol-Myers Squibb, and built strong relationships with our markets across the world,” said Caforio. “Murdo has made significant contributions to our success in Immuno-Oncology and Eliquis, and I am confident his leadership will help drive continued growth and deliver our medicines to more patients faster.”

Gordon joined Bristol-Myers Squibb in 1989 and spent the first 14 years at the company in Canada where he held positions of increasing responsibility in sales and marketing. Gordon moved into the company’s U.S. operations in 2003 where he held senior commercial leadership positions in cardiovascular, neuroscience and market access. He led strategy and commercial operations as senior vice president for U.S. Oncology and Immunoscience from 2011 to 2013, and served as president, U.S. from 2013 to 2015. Murdo is a member of the Board of Directors of RWJBarnabas Health and received a BSc in Cell and Molecular Biology from Concordia University, Montreal, and also attended the General Management Program, CEDEP at INSEAD, Fontainebleau, France.

Stock Earnings Estimates Under Consideration: Chevron (NYSE:CVX)

The shares of Chevron Corporation (NYSE:CVX)currently has mean rating of 2.3 while 8 analyst have recommended the shares as ‘BUY’ ,5 recommended as ‘OUTPERFORM’ and 12 recommended as ‘HOLD’.The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell

The mean price target for the shares of Chevron Corporation (NYSE:CVX)is at $105.45 while the highest price target suggested by the analysts is $122.00 and low price target is $85.00. The mean price target is calculated keeping in view the consensus of 22 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 25.78B by 3 analysts. The means estimate of sales for the year ending Dec 16 is 120.60B by 4 analysts.

The average estimate of EPS for the current fiscal quarter for Chevron Corporation (NYSE:CVX)stands at $0.26 while the EPS for the current year is fixed at $1.22 by 17.00 analysts

The next one year’s EPS estimate is set at 4.60 by 22.00 analysts while a year ago the analysts suggested the company’s EPS at $1.22. The analysts also projected the company’s long-term growth at 40.20% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , Chevron Corporation (NYSE:CVX)reported earnings of $-0.11. The posted earnings topped the analyst’s consensus by $0.09 with the surprise factor of 45.00%. In the matter of earnings surprises, the term ‘Cockroach Effect’ is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

Chevron Corporation (NYSE:CVX) traded up +2.10% during trading on Friday, hitting $104.45 . The stock had a trading volume of 5.6 M shares. The firm has a 50 day moving average of $101.36 and a 200-day moving average of $93.26. The stock has a market cap of $196.84B and a price-to-earnings ratio of 151.14. On Jun 23, 2016 the shares registered one year high at $104.45 and the one year low was seen on Aug 24, 2015.

On June 13, 2016 Chevron Corporation (NYSE:CVX) announced the signing of Lauren Fix, The Car Coach®, as the new brand champion of Techron® bottled fuel additives. She will be featured as part of its upcoming brand marketing campaign. The campaign focuses on the benefits that Techron Complete Fuel System Cleaner and Techron Fuel Injector Cleaner can bring to all kinds of gasoline engines, helping to restore lost power and performance, maximize fuel economy and minimize emissions.

Known as The Car Coach, Lauren Fix is a nationally recognized automotive expert. As the National Automotive Correspondent for Newsmax TV, Fix brings car care insights to over 35 million U.S. cable/satellite homes each month. In addition to the three books she has written focusing on car care and getting maximum performance out of cars, she also is the regular “The Car Coach” columnist for Parade and News Max and also appears weekly on USA Radio’s Day Break USA.

“The Techron relationship is a natural fit. Much of my career has been focused on educating viewers on the advantages technology can bring to optimize the experience of whatever vehicle you are using,” said Fix. “It makes sense to be promoting the use of Techron in a wide range of vehicles, because there are so many ways Techron can help engines perform better.”

With more than 30 years of research testing and development by some of the world’s top scientists and engineers, the benefits of Techron bottled fuel additives has been well documented. However, what may not be as well known is that Techron also can enhance the performance of various gasoline engines beyond automobiles, pickups, and SUVs including: motorcycles, ATVs and off-road equipment, lawn care equipment, motorhomes, marine and personal watercrafts.

Fix has an impressive list of accreditations and qualifications, including membership with the Society of Automotive Engineers (SAE) and the Society of Automotive Analysts (SAA), as well as being an ASE (Automotive Service Excellence) certified technician. Some of her recent awards include: the 2015 WIN Award, 2013 SEMA Business Network “Mentor of The Year”; SEMA Business Network 2012 Woman of the Year; and awarded various Car Care Council “Automotive Communications Awards” in 2012, 2013, 2014 and 2015. In addition, Fix was inducted into the National Women and Transportation Hall of Fame in 2009.

“We wanted to bring in a third-party automotive expert that can speak knowledgeably to consumers about engine technologies, the advantages of Techron’s proprietary fuel additive technology, and someone that is aligned with the uncompromising nature of our brand,” said Dave Schletewitz, Consumer Automotive Brand Manager North America with Chevron Products Company, a division of Chevron U.S.A. Inc. “Lauren Fix is a perfect fit for Techron, as she is one of the most knowledgeable automotive experts in the industry, and can explain complex issues in an easy, approachable manner. We want to help educate consumers about the benefits that Techron can bring to not only cars, but to a variety of other gasoline engines.”

Stock Under Analyst’s Radar: Valero Energy Corporation (NYSE:VLO)

The shares of Valero Energy Corporation (NYSE:VLO)currently has mean rating of 2.2 while 10 analyst have recommended the shares as ‘BUY’ ,4 recommended as ‘OUTPERFORM’ and 6 recommended as ‘HOLD’.The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell

The mean price target for the shares of Valero Energy Corporation (NYSE:VLO)is at $69.14 while the highest price target suggested by the analysts is $83.00 and low price target is $57.00. The mean price target is calculated keeping in view the consensus of 14 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 16.71B by 5 analysts. The means estimate of sales for the year ending Dec 16 is 68.45B by 7 analysts.

The average estimate of EPS for the current fiscal quarter for Valero Energy Corporation (NYSE:VLO)stands at $1.64 while the EPS for the current year is fixed at $5.31 by 19.00 analysts

The next one year’s EPS estimate is set at 6.61 by 19.00 analysts while a year ago the analysts suggested the company’s EPS at $5.31. The analysts also projected the company’s long-term growth at -2.80% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , Valero Energy Corporation (NYSE:VLO)reported earnings of $0.60. The posted earnings missed the analyst’s consensus by $-0.06 with the surprise factor of -9.10%. In the matter of earnings surprises, the term ‘Cockroach Effect’ is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

Valero Energy Corporation (NYSE:VLO) traded up +1.70% during trading on Friday, hitting $53.93 . The stock had a trading volume of 5.6 M shares. The firm has a 50 day moving average of $54.29 and a 200-day moving average of $61.67. The stock has a market cap of $25.23B and a price-to-earnings ratio of 7.46. On Nov 24, 2015 the shares registered one year high at $73.88 and the one year low was seen on Jun 14, 2016.

Valero Energy Corporation operates as an independent petroleum refining and marketing company in the United States, Canada, the Caribbean, the United Kingdom, and Ireland. It operates through two segments, Refining and Ethanol. The Refining segment is involved in refining, wholesale marketing, and bulk sales and trading activities. This segment produces conventional and premium gasolines, gasoline meeting the specifications of the California Air Resources Board (CARB), reformulated gasoline blendstock for oxygenate blending, diesel fuels, low-sulfur and ultra-low-sulfur diesel fuels, CARB diesel fuel, distillates, jet fuels, asphalts, petrochemicals, lubricants, and other refined products. As of February 19, 2016, it owned 15 petroleum refineries with a combined throughput capacity of approximately 3.0 million barrels per day. This segment also markets its refined products through bulk and rack marketing network; and through approximately 7,500 outlets under the Valero, Diamond Shamrock, Shamrock, Ultramar, Beacon, and Texaco brand names. The Ethanol segment produces and sells ethanol and distillers grains primarily to refiners and gasoline blenders, as well as to animal feed customers. This segment operates 11 ethanol plants with a combined ethanol production capacity of approximately 1.4 billion gallons per year. The company also operates a 50-megawatt wind farm; convenience stores; filling stations, as well as truckstop, cardlock, and home heating oil facilities; and credit card business. The company was formerly known as Valero Refining and Marketing Company and changed its name to Valero Energy Corporation in August 1997. Valero Energy Corporation was founded in 1955 and is headquartered in San Antonio, Texas.

What Analyst’s have to say about Marathon Petroleum Corp (NYSE:MPC)

The shares of Marathon Petroleum Corp (NYSE:MPC)currently has mean rating of 1.9 while 9 analyst have recommended the shares as ‘BUY’ ,6 recommended as ‘OUTPERFORM’ and 2 recommended as ‘HOLD’.The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell

The mean price target for the shares of Marathon Petroleum Corp (NYSE:MPC)is at $48.13 while the highest price target suggested by the analysts is $62.00 and low price target is $34.00. The mean price target is calculated keeping in view the consensus of 15 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 15.80B by 4 analysts. The means estimate of sales for the year ending Dec 16 is 60.82B by 6 analysts.

The average estimate of EPS for the current fiscal quarter for Marathon Petroleum Corp (NYSE:MPC)stands at $1.15 while the EPS for the current year is fixed at $3.05 by 18.00 analysts

The next one year’s EPS estimate is set at 3.99 by 17.00 analysts while a year ago the analysts suggested the company’s EPS at $3.05. The analysts also projected the company’s long-term growth at 0.19% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , Marathon Petroleum Corp (NYSE:MPC)reported earnings of $0.06. The posted earnings missed the analyst’s consensus by $-0.09 with the surprise factor of -60.00%. In the matter of earnings surprises, the term ‘Cockroach Effect’ is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

Marathon Petroleum Corp (NYSE:MPC) traded up +3.86% during trading on Friday, hitting $36.63 . The stock had a trading volume of 5.5 M shares. The firm has a 50 day moving average of $35.45 and a 200-day moving average of $39.24. The stock has a market cap of $19.40B and a price-to-earnings ratio of 10.03. On Jul 13, 2015 the shares registered one year high at $60.38 and the one year low was seen on Feb 9, 2016.

On June 23, 2016 Marathon Petroleum Corp (NYSE:MPC) have entered into a joint venture consisting of 120 travel plazas, primarily in the Southeast United States. The new entity, PFJ Southeast LLC, will initially consist of 41 locations contributed by Speedway and 79 locations contributed by Pilot Flying J, all of which will carry either the Pilot or Flying J brand and will be operated by Pilot Flying J.

This venture will better serve guests in the high growth Southeast region of the United States by investing in upgrades and renovations of the 41 locations contributed by Speedway. These locations will provide additional parking for guests with a variety of food choices and dining options. All locations will honor the Pilot Flying J MyRewards loyalty card, through which members can earn points through fuel purchases to redeem for retail and restaurant discounts.

“This is another exciting chapter in a long-standing relationship between Pilot Flying J and Speedway,” said Ken Parent, president of Pilot Flying J. “We look forward to providing an exceptional offering of products and services to our guests in the Southeast region.”

“Speedway`s core dedication to customer service, combined with Pilot Flying J`s expertise as an exceptional travel center operator, will make PFJ Southeast LLC a premier choice for professional drivers throughout the Southeast,” said Tony Kenney, president of Speedway. “We will be able to provide additional amenities to our customers under the Pilot and Flying J brands and better service drivers in this region overall.”

Worth Watching Stock: Marathon Oil Corporation (NYSE:MRO)

The shares of Marathon Oil Corporation (NYSE:MRO)currently has mean rating of 2.5 while 8 analyst have recommended the shares as ‘BUY’ ,3 recommended as ‘OUTPERFORM’ and 14 recommended as ‘HOLD’.The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell

The mean price target for the shares of Marathon Oil Corporation (NYSE:MRO)is at $16.69 while the highest price target suggested by the analysts is $29.00 and low price target is $12.00. The mean price target is calculated keeping in view the consensus of 24 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 1.05B by 8 analysts. The means estimate of sales for the year ending Dec 16 is 4.07B by 9 analysts.

The average estimate of EPS for the current fiscal quarter for Marathon Oil Corporation (NYSE:MRO)stands at $-0.30 while the EPS for the current year is fixed at $-1.15 by 22.00 analysts

The next one year’s EPS estimate is set at -0.36 by 26.00 analysts while a year ago the analysts suggested the company’s EPS at $-1.15. The analysts also projected the company’s long-term growth at -16.00% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , Marathon Oil Corporation (NYSE:MRO)reported earnings of $-0.43. The posted earnings topped the analyst’s consensus by $0.03 with the surprise factor of 6.50%. In the matter of earnings surprises, the term ‘Cockroach Effect’ is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

Marathon Oil Corporation (NYSE:MRO) traded down -2.25% during trading on Friday, hitting $15.32 . The stock had a trading volume of 21.3 M shares. The firm has a 50 day moving average of $13.15 and a 200-day moving average of $11.48. The stock has a market cap of $12.50B. On Jun 26, 2015 the shares registered one year high at $27.77 and the one year low was seen on Feb 19, 2016.

On June 20, 2016 Marathon Oil Corporation (NYSE:MRO) announced the signing of a definitive purchase and sale agreement to acquire PayRock Energy Holdings, LLC (“PayRock”), a portfolio company of EnCap Investments, for $888 million. PayRock has approximately 61,000 net surface acres and current production of 9,000 net barrels of oil equivalent per day (boed) in the oil window of the Anadarko Basin STACK play in Oklahoma.

Highlights:

  • High quality inventory immediately competes for capital allocation within Marathon Oil’s portfolio
  • $4.5 – 4.0 million completed well costs offer 60 – 80% before-tax IRRs at $50 WTI
  • 330 million BOE 2P resource with 490 gross company operated locations
  • 700 million BOE total resource potential from increased well density in Meramec and Woodford, as well as Osage development
  • Implied acreage value of $11,800 / acre adjusting for proved developed producing (PDP) reserves

“Acquiring PayRock’s STACK position will meaningfully expand the quality and scale of Marathon Oil’s existing portfolio in one of the best unconventional oil plays in the U.S.,” said Marathon Oil President and CEO Lee Tillman. “They’ve built a material position in the high margin oil window of the STACK, and have consistently delivered industry-leading well results. The recent moves we’ve taken to strengthen the Company’s balance sheet, including the successful execution above the top end of our non-core asset divestiture target, have positioned us to be opportunistic to acquire what is an excellent strategic fit.

“We expect the 2016 capital program on the acquired acreage will be covered within our current $1.4 billion budget.  As we look into 2017, we would anticipate a minimum four-rig drilling program in our pro forma STACK position, which will achieve leasehold drilling requirements while accelerating delineation work.”

The ransaction is subject to customary closing conditions and is expected to close in third quarter 2016, funded with cash on hand.

The Company will conduct a question and answer webcast / call on Monday, June 20, at 9:00 a.m. ET to discuss the acquisition. To participate in the call, please dial 800-446-2782 and ask for the Marathon Oil conference call. The conference call ID is 42825708. The associated commentary and answers to questions will include forward-looking information. To listen to the live webcast, visit the Marathon Oil website at http://www.marathonoil.com.  Associated slides will be posted to the Company’s website and to its mobile app approximately one hour before the scheduled call.

Noticeable Stock: Encana Corp (USA) (ECA)

The shares of Encana Corp (USA) (NYSE:ECA)currently has mean rating of 2.8 while 5 analyst have recommended the shares as ‘BUY’ ,2 recommended as ‘OUTPERFORM’ and 13 recommended as ‘HOLD’.The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell

The mean price target for the shares of Encana Corp (USA) (NYSE:ECA)is at $9.20 while the highest price target suggested by the analysts is $21.00 and low price target is $5.25. The mean price target is calculated keeping in view the consensus of 25 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 699.38M by 6 analysts. The means estimate of sales for the year ending Dec 16 is 3.02B by 8 analysts.

The average estimate of EPS for the current fiscal quarter for Encana Corp (USA) (NYSE:ECA)stands at $-0.09 while the EPS for the current year is fixed at $-0.30 by 15.00 analysts

The next one year’s EPS estimate is set at 0.14 by 20.00 analysts while a year ago the analysts suggested the company’s EPS at $-0.30. The analysts also projected the company’s long-term growth at -53.98% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , Encana Corp (USA) (NYSE:ECA)reported earnings of $-0.15. The posted earnings missed the analyst’s consensus by $-0.03 with the surprise factor of -25.00%. In the matter of earnings surprises, the term ‘Cockroach Effect’ is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

Encana Corp (USA) (NYSE:ECA) traded down -3.33% during trading on Friday, hitting $8.53 . The stock had a trading volume of 12.9 M shares. The firm has a 50 day moving average of $7.56 and a 200-day moving average of $5.83. The stock has a market cap of $6.92B. On Jun 25, 2015 the shares registered one year high at $11.96 and the one year low was seen on Feb 23, 2016.

On June 21, 2016 Encana Corp (USA) (NYSE:ECA) announced that it has reached an agreement to sell its Gordondale assets in northwestern Alberta to Birchcliff Energy Ltd. (BIR.TO) for a total cash consideration of C$625 million.

The sale includes approximately 54,200 net acres of land and associated infrastructure. In addition, through the transfer of current and future obligations, Encana is reducing midstream and downstream commitments by more than C$100 million on an undiscounted basis. No drilling or completions capital has been spent or was planned for the area in 2016.

As highlighted at Encana’s recent Montney Investor Day in May 2016, the company has a large inventory of high-quality potential drilling locations in the play. Following this sale, Encana’s Montney play will comprise of over 9,000 potential drilling locations with two-thirds of those wells located in the condensate-rich part of the play.

“We are tightening our portfolio and sharpening our focus in the Montney where we expect to grow liquids production to 50,000 barrels per day by the end of 2018,” said Doug Suttles, Encana President & CEO. “This transaction further strengthens our balance sheet and gives us greater financial flexibility as we look to the future.”

Encana’s Gordondale assets produced an average of 25,200 barrels of oil equivalent (BOE) per day on a net after-royalty basis during the first quarter of 2016, comprising 65 percent natural gas and 35 percent liquids. Based on Encana’s development plan at year-end 2015, estimated proved reserves were approximately 50 million barrels of oil equivalent (MMBOE) on a net after-royalty basis.

The sale of Encana’s Gordondale assets is subject to the satisfaction of normal closing conditions, as well as regulatory approvals and post-closing adjustments. The transaction is expected to close in the summer of 2016 with an effective date of January 1, 2016.

What Analyst’s have to say about Oracle Corporation (NYSE:ORCL)

The shares of Oracle Corporation (NYSE:ORCL) currently has mean rating of 2.4 while 15 analyst have recommended the shares as ‘BUY’ ,7 recommended as ‘OUTPERFORM’ and 14 recommended as ‘HOLD’.The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell

The mean price target for the shares of Oracle Corporation (NYSE:ORCL) is at $43.82 while the highest price target suggested by the analysts is $51.00 and low price target is $28.00. The mean price target is calculated keeping in view the consensus of 33 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Aug 16 is 8.72B by 31 analysts. The means estimate of sales for the year ending May 17 is 38.02B by 35 analysts.

The average estimate of EPS for the current fiscal quarter for Oracle Corporation (NYSE:ORCL) stands at $0.58 while the EPS for the current year is fixed at $2.77 by 32.00 analysts

The next one year’s EPS estimate is set at 3.02 by 36.00 analysts while a year ago the analysts suggested the company’s EPS at $2.77. The analysts also projected the company’s long-term growth at 8.20% for the upcoming five years

In its latest quarter ended on 31 May 2016 , Oracle Corporation (NYSE:ORCL) reported earnings of $0.81. The posted earnings missed the analyst’s consensus by $-0.01 with the surprise factor of -1.20%. In the matter of earnings surprises, the term ‘Cockroach Effect’ is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

Oracle Corporation (NYSE:ORCL) traded up +0.05% during trading on Friday, hitting $40.34 . The stock had a trading volume of 12.6 M shares. The firm has a 50 day moving average of $39.44 and a 200-day moving average of $38.29. The stock has a market cap of $165.92B and a price-to-earnings ratio of 19.33. On Mar 21, 2016 the shares registered one year high at $42.00 and the one year low was seen on Jan 20, 2016.

Oracle Corporation develops, manufactures, markets, sells, hosts, and supports database and middleware software, application software, cloud infrastructure, hardware systems, and related services worldwide. The company licenses its Oracle Database software to customers, which is designed to enable reliable and secure storage, retrieval, and manipulation of various forms of data; and Oracle Fusion Middleware software to build, deploy, secure, access, and integrate business applications, as well as automate their business processes. It offers a range of software for mobile computing to address the development needs of businesses; and Java, a software development language. Its hardware systems products comprise Oracle Engineered Systems, servers, storage, networking, industry specific hardware, virtualization software, operating systems, management software, and related hardware services. The company also provides a range of services in three primary layers of the cloud: Software as a Service, Platform as a Service, and Infrastructure as a Service. In addition, it provides customers with rights to software product upgrades and maintenance releases, patches released, and Internet access to technical content, as well as Internet and telephone access to technical support personnel. Further, the company offers consulting services, such as IT strategy alignment, enterprise architecture planning and design, initial product implementation and integration, and ongoing product enhancement and upgrade; customer support services; and education services. Oracle Corporation was founded in 1977 and is headquartered in Redwood City, California.