Stocks To Watch: Oasis Petroleum Inc. (OAS), Schlumberger Limited (SLB), Visa Inc. (V)

Oasis Petroleum Inc. (OAS) traded within a range of $14.35 to $14.76 after opening the day at $14.52. The company has seen its stock decrease in value by -4.49% so far this year. The stock was down close to -2.03% on light volume in last trading session and closed at $14.46 per share. After the recent fall, the stock is currently holding -15.34% below its 52 week high of $17.08 and 325.29% above its 12-month low of $3.4. The shares are up by over 28.76% in the last three months, and the RSI indicator value of 43.95 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Oasis Petroleum Inc., an independent exploration and production company, focuses on the acquisition and development of unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin. Its principal projects are located in West Williston and East Nesson. As of December 31, 2015, the company had 484,745 net leasehold acres in the Williston Basin; and approximately 218.2 million barrels of oil equivalent of estimated net proved reserves. Oasis Petroleum Inc. sells its oil and natural gas to refiners, marketers, and other purchasers that have access to pipeline and rail facilities. The company was founded in 2007 and is headquartered in Houston, Texas.

Schlumberger Limited (SLB) continued its upward trend with the stock climbing 1.21% or $1.05 to close the day at $87.48 on active trading volume of 8.74M shares, compared to its three month average trading volume of 5.4M. The Houston Texas 77056 based company has been outperforming the oil & gas equipment & services group over the past 52 weeks, with the stock gaining 42.92%, compared to the industry which has advanced 44.34% over the same period. With RSI of 63.73, the stock should still continue to rise and get closer to its one year target estimate of $95.7, making it a hold for now.

Schlumberger Limited supplies technology, integrated project management, and information solutions to the oil and gas exploration and production industry worldwide. Its Reservoir Characterization Group segment provides reservoir imaging, monitoring, and development services; wireline technologies for open and cased-hole services; exploration and production pressure and flow-rate measurement services comprising surface and downhole services; software integrated solutions, such as software, consulting, information management, and IT infrastructure services; consulting services for reservoir characterization, field development planning, and production enhancement; and petrotechnical data services and training solutions, as well as integrated management services. Its Drilling Group segment designs, manufactures, and markets roller cone and fixed cutter drill bits; supplies drilling fluid systems; provides pressure drilling and underbalanced drilling solutions, and environmental services and products; mud logging services; land drilling rigs and related support services; and well planning and drilling, engineering, supervision, logistics, procurement, contracting, and drilling rig management services, as well as bottom-hole-assembly, borehole-enlargement technologies, impact tools, tubulars, and tubular services. Its Production Group segment provides well services comprising pressure pumping, well cementing, stimulation, and intervention services; well completion services and equipment that include packers, safety valves, and sand control technology, as well as completions technology and equipment; artificial lifts; coiled tubing equipment and services, and slickline services; development, management, and environmental protection services for water resources; and integrated production and production management services. The company was formerly known as Socie´te´ de Prospection E´lectrique. Schlumberger Limited was founded in 1926 and is based in Houston, Texas.

Visa Inc. (V) gained $0.33 to close the day at a new closing price of $81.59, a 0.41% increase in value from its previous closing price that moved the stock 24.34% above its 52 week low of $66.12. A total of 8.49M shares exchanged hands during the day compared with its three month average trading volume of 10.63M. The stock, which fluctuated between $80.98 and $81.83 during the day, currently situated -2.62% below its 52 week high. The stock is up by 2.63% in the past one month and down by -0.47% over the past three months. With a one year target estimate of $94.55 and RSI of 60.14, the stock still has upside potential, making it a hold for now.

Visa Inc. operates as a payments technology company worldwide. The company facilitates commerce through the transfer of value and information among consumers, merchants, financial institutions, businesses, strategic partners, and government entities. It operates VisaNet, a processing network that enables authorization, clearing, and settlement of payment transactions; and offers fraud protection for account holders and assured payment for merchants. The company also offers gateway services for merchants to accept, process, and reconcile payments; manage fraud; and safeguard payment security online, as well as processing services for participating issuers of visa debit, prepaid, and ATM payment products. In addition, it provides digital products, including Visa Checkout that offers consumers an expedited and secure payment experience for online transactions; and Visa Direct, a push payment product platform, which facilitates payer-initiated transactions that are sent directly to the Visa account of the recipient, as well as Visa token service that replaces the card account numbers from the transaction with a token. Further the company offers corporate (travel) and purchasing card products, as well as value-added services. It provides its services under the Visa, Visa Electron, Interlink, V PAY, and PLUS brands. The company has a strategic partnership agreement with Oman Arab Bank to convert the bank’s current electron cards to chip-and-PIN debit cards. Visa Inc. was incorporated in 2007 and is headquartered in San Francisco, California.

 

Stocks Under Review: First Horizon National Corporation (FHN), Delta Air Lines, Inc. (DAL), Oasis Petroleum Inc. (OAS)

First Horizon National Corporation (FHN) continued its downward trend with the stock declining -1.87% or $-0.38 to close the day at $19.89 on active trading volume of 7.42M shares, compared to its three month average trading volume of 2.21M. The Memphis Tennessee 38103 based company has been outperforming the regional – southeast banks group over the past 52 weeks, with the stock gaining 54.54%, compared to the industry which has advanced 51.39% over the same period. With RSI of 49.2, the stock should still continue to rise and get closer to its one year target estimate of $20.77, making it a hold for now.

First Horizon National Corporation operates as the bank holding company for First Tennessee Bank National Association that provides various financial services in the United States and internationally. The company offers general banking services for consumers, businesses, financial institutions, and governments. It also provides investment, financial planning, trust, asset management, and cash management services. In addition, the company is involved in fixed income securities sales, trading, and strategies for institutional clients; underwriting of bank-eligible securities and other fixed-income securities eligible for underwriting by financial subsidiaries; loan sales; derivative sales; and provision of portfolio advisory services. Further, it offers discount brokerage and full-service brokerage services; correspondent banking services; transaction processing services comprising nationwide check clearing and remittance processing services; trust, fiduciary, and agency services; credit card products; equipment finance; and investment and financial advisory services. Additionally, the company engages in mutual fund and retail insurance sales, as well as provides mortgage banking services. As of December 31, 2015, it had 185 branch locations in 8 states, including 166 branches in Tennessee; 2 branches in northwestern Georgia; 6 branches in northwestern Mississippi; 7 branches in North Carolina; and 1 branch each in Virginia, South Carolina, Florida, and Texas. The company was founded in 1968 and is headquartered in Memphis, Tennessee.

Delta Air Lines, Inc. (DAL) grew with the stock adding 0.67% or $0.34 to close at $51.23 on light trading volume of 7.38M compared its three months average trading volume of 9.17M. The Atlanta Georgia 30354 based company operating under the Major Airlines industry has been trending up for the last 52 weeks, with the shares price now 14.87% up for the period and up by 4.15% so far this year. With price target of $0 and a 58.74% rebound from 52-week low, Delta Air Lines, Inc. has plenty of upside potential, making it a hold with a view buy.

Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its route network is centered around a system of hubs, international gateways, and airports in Amsterdam, Atlanta, Boston, Detroit, London-Heathrow, Los Angeles, Minneapolis-St. Paul, New York-LaGuardia, New York-JFK, Paris-Charles de Gaulle, Salt Lake City, Seattle, and Tokyo-Narita. The company sells its tickets through various distribution channels, including delta.com and mobile, telephone reservations, traditional brick and mortar, and online travel agencies. It also provides aircraft maintenance, repair, and overhaul services; staffing, and professional security and training services, as well as aviation solutions to third parties; vacation packages to third-party consumers; and aircraft charters, and aircraft management and programs. As of February 3, 2016, the company operated a fleet of approximately 800 aircrafts. Delta Air Lines, Inc. was founded in 1924 and is headquartered in Atlanta, Georgia.

Oasis Petroleum Inc. (OAS) continued its downward trend with the stock declining -2.96% or $-0.45 to close the day at $14.76 on higher than average trading volume of 7.37M shares, compared to its three month average trading volume of 12.61M. The Houston Texas 77002 based company has been outperforming the independent oil & gas companies by 31.7501% for last three months and its recent gains have offset losses to -2.51% YTD, versus the independent oil & gas industry which is down -0.27% for the same period. The RSI of 47.09 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Oasis Petroleum Inc., an independent exploration and production company, focuses on the acquisition and development of unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin. Its principal projects are located in West Williston and East Nesson. As of December 31, 2015, the company had 484,745 net leasehold acres in the Williston Basin; and approximately 218.2 million barrels of oil equivalent of estimated net proved reserves. Oasis Petroleum Inc. sells its oil and natural gas to refiners, marketers, and other purchasers that have access to pipeline and rail facilities. The company was founded in 2007 and is headquartered in Houston, Texas.

 

3 Notable Runners: Oasis Petroleum Inc. (OAS), Cabot Oil & Gas Corporation (COG), Antero Resources Corporation (AR)

Oasis Petroleum Inc. (OAS) failed to extend gains with the stock declining -1.36% or $-0.21 to close the day at $15.21 on higher than average trading volume of 5.74M shares, compared to its three month average trading volume of 12.65M. The Houston Texas 77002 based company has been outperforming the independent oil & gas companies by 33.2643% for last three months and its recent gains have pushed the stock slightly up 0.46% YTD, versus the independent oil & gas industry which is down -0.28% for the same period. The RSI of 51.6 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Oasis Petroleum Inc., an independent exploration and production company, focuses on the acquisition and development of unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin. Its principal projects are located in West Williston and East Nesson. As of December 31, 2015, the company had 484,745 net leasehold acres in the Williston Basin; and approximately 218.2 million barrels of oil equivalent of estimated net proved reserves. Oasis Petroleum Inc. sells its oil and natural gas to refiners, marketers, and other purchasers that have access to pipeline and rail facilities. The company was founded in 2007 and is headquartered in Houston, Texas.

Cabot Oil & Gas Corporation (COG) had a light trading with around 5.73M shares changing hands compared to its three month average trading volume of 7.29M. The stock traded between $22 and $22.42 before closing at the price of $22.27 with 0.95% change on the day. The Houston Texas 77024 based company is currently trading 50.21% above its 52 week low of $15.39 and -16.64% below its 52 week high of $26.74. Both the RSI indicator and target price of 48.31 and $27.87 respectively, lead us to believe that it should be put on hold over the coming weeks.

Cabot Oil & Gas Corporation, an independent oil and gas company, develops, exploits, explores for, produces, and markets natural gas, oil, and natural gas liquids in the United States. The company primarily focuses on the Marcellus Shale in northeast Pennsylvania with approximately 200,000 net acres in the dry gas window of the play; and the Eagle Ford Shale in south Texas with approximately 85,500 net acres in the oil window of the play. It also transports, stores, gathers, and purchases natural gas for resale. The company sells its natural gas to industrial customers, local distribution companies, and gas marketers through gathering systems and pipelines, as well as to intrastate pipelines, natural gas processors, and marketing companies. As of December 31, 2015, it had proved reserves of approximately 8,190 billion cubic feet of natural gas equivalent. The company was founded in 1989 and is headquartered in Houston, Texas.

Antero Resources Corporation (AR) traded within a range of $24.55 to $25.7 after opening the day at $25.22. The company has seen its stock increase in value by 7.86% so far this year. The stock was up close to 4.04% on active volume in last trading session and closed at $25.51 per share. After the recent gain, the stock is currently holding -16.8% below its 52 week high of $30.66 and 34.26% above its 12-month low of $19.7. The shares are down by over -6.56% in the last three months, and the RSI indicator value of 58.48 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Antero Resources Corporation, an independent oil and natural gas company, acquires, explores, and develops natural gas, natural gas liquids, and oil properties in the United States. As of December 31, 2014, the company had 543,000 net acres of oil and gas properties located in the Appalachian Basin in West Virginia, Ohio, and Pennsylvania. It also owns and operates 153 miles of gas gathering pipelines in the Marcellus Shale; and 96 miles of low-pressure, high-pressure, and condensate pipelines in the Utica Shale. The company was formerly known as Antero Resources Appalachian Corporation and changed its name to Antero Resources Corporation in June 2013. Antero Resources Corporation was founded in 2002 and is headquartered in Denver, Colorado. Antero Resources Corporation operates as a subsidiary of Antero Resources Investment LLC.

 

Stocks Under Consideration: Wal-Mart Stores, Inc. (WMT), NRG Energy, Inc. (NRG), Oasis Petroleum Inc. (OAS)

Wal-Mart Stores, Inc. (WMT) grew with the stock adding 0.66% or $0.45 to close at $68.71 on active trading volume of 8.66M compared its three months average trading volume of 8.56M. The Bentonville Arkansas 72716 based company operating under the Discount, Variety Stores industry has been trending up for the last 52 weeks, with the shares price now 11.28% up for the period and down by -0.59% so far this year. With price target of $74.59 and a 17.45% rebound from 52-week low, Wal-Mart Stores, Inc. has plenty of upside potential, making it a hold with a view buy.

Wal-Mart Stores, Inc. operates retail stores in various formats worldwide. It operates through three segments: Walmart U.S., Walmart International, and Sam’s Club. The company operates discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, cash and carry stores, home improvement stores, specialty electronics stores, apparel stores, drug stores, convenience stores, and membership-only warehouse clubs; and retail Websites, such as walmart.com and samsclub.com. It offers grocery products, including meat, produce, natural and organics, deli and bakery, dairy, frozen foods, alcoholic and nonalcoholic beverages, floral and dry grocery, as well as consumables, such as health and beauty aids, baby products, household chemicals, paper goods, and pet supplies; and health and wellness products, which include pharmacy, optical services, clinical services, over-the-counter drugs, and other medical products. The company also provides electronics, toys, cameras and supplies, photo processing services, cellular phones, cellular service plan contracts and prepaid service, movies, music, video games, and books; stationery, automotive, hardware and paint, and sporting goods, as well as fabrics, crafts, and seasonal merchandise; apparel for women, girls, men, boys, and infants, as well as shoes, jewelry, and accessories; and home furnishings, housewares and small appliances, bedding, home decor, outdoor living, and horticulture products. The company also provides fuel and financial services and related products, including money orders, prepaid cards, wire transfers, money transfers, check cashing, and bill payment. In addition, it offers brand name merchandise, including hardgoods, softgoods, and selected private-label items, such as Member’s Mark. As of June 20, 2016, it operated 11,527 stores under 63 banners in 28 countries and e-commerce Websites in 11 countries. Wal-Mart Stores, Inc. was founded in 1945 and is headquartered in Bentonville, Arkansas.

NRG Energy, Inc. (NRG) had a active trading with around 8.45M shares changing hands compared to its three month average trading volume of 6.3M. The stock traded between $13.13 and $13.51 before closing at the price of $13.47 with 0.82% change on the day. The Princeton New Jersey 08540 based company is currently trading 54.34% above its 52 week low of $8.92 and -26.1% below its 52 week high of $18.32. Both the RSI indicator and target price of  and $0 respectively, lead us to believe that it could rise over the coming weeks.

NRG Energy, Inc., together with its subsidiaries, operates as a power company. The company provides electricity; system power, distributed generation, solar and wind products, backup generation, storage and distributed solar, demand response, energy efficiency, electric vehicle charging stations, and on-site energy solutions; carbon management and specialty services; and various energy services, such as operations, maintenance, technical, development, and asset management services. It owns and operates approximately 50,000 megawatts of generation. The company also offers retail energy, rooftop solar, portable solar, and battery products home services; and various bundled products, which combine energy with protection products, energy efficiency, and renewable energy solutions, as well as offers installation and contract management services for residential solar customers. As of December 31, 2015, it served approximately 2.77 million recurring and 624,000 discrete customers. In addition, the company owns, operates, and develops solar and wind power projects; develops, constructs, and finances a range of solutions for utilities, schools, municipalities, and commercial markets; and trades in electric power, natural gas, and related commodity and financial products, including forwards, futures, options, and swaps. As of December 31, 2015, it operated 90 active fossil fuel and nuclear plants, 16 utility scale solar facilities, and 36 wind farms and multiple distributed solar facilities. Further, the company transacts in and trades fuel and transportation services; directly sells energy, services, and products and services to retail customers under the NRG, Reliant, and other names; and provides steam, hot water, and chilled water, as well as electricity to commercial businesses, universities, hospitals, and governmental units. NRG Energy, Inc. was founded in 1989 and is headquartered in Princeton, New Jersey.

Oasis Petroleum Inc. (OAS) saw its value decrease by -2.95% as the stock dropped $-0.46 to finish the day at a closing price of $15.12. The stock was lighter in trading and has fluctuated between $3.4-$17.08 per share for the past year. The shares, which traded within a range of $15.07 to $15.64 during the day, are up by 33.57% in the past three months and up by 81.08% over the past six months. It is currently trading -3.79% below its 20 day moving average and 10.23% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $16.1 a share over the next twelve months. The current relative strength index (RSI) reading is 50.73.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Oasis Petroleum Inc., an independent exploration and production company, focuses on the acquisition and development of unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin. Its principal projects are located in West Williston and East Nesson. As of December 31, 2015, the company had 484,745 net leasehold acres in the Williston Basin; and approximately 218.2 million barrels of oil equivalent of estimated net proved reserves. Oasis Petroleum Inc. sells its oil and natural gas to refiners, marketers, and other purchasers that have access to pipeline and rail facilities. The company was founded in 2007 and is headquartered in Houston, Texas.

 

Stocks in Review: PayPal Holdings, Inc. (PYPL), Corning Incorporated (GLW), Oasis Petroleum Inc. (OAS)

PayPal Holdings, Inc. (PYPL) traded within a range of $40.79 to $41.64 after opening the day at $41.24. The company has seen its stock increase in value by 5.02% so far this year. The stock was up close to 0.95% on light volume in last trading session and closed at $41.45 per share. After the recent gain, the stock is currently holding -6.9% below its 52 week high of $44.52 and 35.81% above its 12-month low of $30.52. The shares are up by over 3.16% in the last three months, and the RSI indicator value of 65.1 is neither bullish nor bearish, tempting investors to stay on the sidelines.

PayPal Holdings, Inc. operates as a technology platform company that enables digital and mobile payments on behalf of consumers and merchants worldwide. It enables businesses of various sizes to accept payments from merchant Websites, mobile devices, and applications, as well as at offline retail locations through a range of payment solutions, including PayPal, PayPal Credit, Braintree, Venmo, and Xoom products. The company’s platform allows customers to pay and get paid, transfer and withdraw funds to their bank accounts, and hold balances in their PayPal accounts in various currencies. PayPal Holdings, Inc. was founded in 1998 and is headquartered in San Jose, California.

Corning Incorporated (GLW) managed to rebound with the stock climbing 0.86% or $0.21 to close the day at $24.52 on light trading volume of 5.55M shares, compared to its three month average trading volume of 7.95M. The Corning New York 14831 based company has been outperforming the diversified electronics group over the past 52 weeks, with the stock gaining 47.13%, compared to the industry which has advanced 32.53% over the same period. With RSI of 56.83, the stock should still continue to rise and get closer to its one year target estimate of $23.28, making it a hold for now.

Corning Incorporated manufactures and sells specialty glasses, ceramics, and related materials worldwide. The company operates through five segments: Display Technologies, Optical Communications, Environmental Technologies, Specialty Materials, and Life Sciences. The Display Technologies segment manufactures glass substrates for liquid crystal displays (LCDs) used in LCD televisions, notebook computers, and flat panel desktop monitors. The Optical Communications segment manufactures optical fiber and cable; and hardware and equipment products comprising cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories. This segment also offers subscriber demarcation, connection and protection devices, passive solutions, and outside plant enclosures; and coaxial RF interconnects for the cable television industry and microwave applications. The Environmental Technologies segment manufactures ceramic substrates and filter products for emissions control in mobile and stationary, and gasoline and diesel applications. The Specialty Materials segment manufactures products that provide approximately 150 material formulations for glass, glass ceramics, and fluoride crystals. The Life Sciences segment manufactures and supplies scientific laboratory products consisting of consumables, such as plastic vessels, specialty surfaces, and media, as well as general labware and equipment for cell culture research, bioprocessing, genomics, drug discovery, microbiology, and chemistry. It also engages in a pharmaceutical glass vessel and a tubing business; and precision materials’ non-LCD business, as well as precision laser cutting/shaping technologies, and flow reactors and adjacency businesses for glass. The company was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. Corning Incorporated was founded in 1851 and is headquartered in Corning, New York.

Oasis Petroleum Inc. (OAS) dropped $-0.31 to close the day at a new closing price of $15.58, a -1.95% decrease in value from its previous closing price that moved the stock 358.24% above its 52 week low of $3.4. A total of 5.54M shares exchanged hands during the day compared with its three month average trading volume of 12.9M. The stock, which fluctuated between $15.57 and $16 during the day, currently situated -8.78% below its 52 week high. The stock is up by 1.5% in the past one month and up by 34.43% over the past three months. With a one year target estimate of $15.97 and RSI of 56.07, the stock still has upside potential, making it a hold for now.

Oasis Petroleum Inc., an independent exploration and production company, focuses on the acquisition and development of unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin. Its principal projects are located in West Williston and East Nesson. As of December 31, 2015, the company had 484,745 net leasehold acres in the Williston Basin; and approximately 218.2 million barrels of oil equivalent of estimated net proved reserves. Oasis Petroleum Inc. sells its oil and natural gas to refiners, marketers, and other purchasers that have access to pipeline and rail facilities. The company was founded in 2007 and is headquartered in Houston, Texas.

 

Stocks Under Review: Comcast Corporation (CMCSA), The Chemours Company (CC), Oasis Petroleum Inc. (OAS)

Comcast Corporation (CMCSA) continued its upward trend with the stock climbing 0.4% or $0.28 to close the day at $70.15 on active trading volume of 8.36M shares, compared to its three month average trading volume of 10.65M. The Philadelphia Pennsylvania 19103 based company has been outperforming the entertainment – diversified group over the past 52 weeks, with the stock gaining 29.19%, compared to the industry which has advanced 19.11% over the same period. With RSI of 63.75, the stock should still continue to rise and get closer to its one year target estimate of $76.14, making it a hold for now.

Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks segments. The Cable Communications segment offers video, high-speed Internet, and voice services to residential and business customers under the XFINITY brand. This segment also provides business services, such as Ethernet network services; cellular backhaul services to mobile network operators; and advertising services on cable networks, as well as on other platforms, such as digital, radio, and print media. The Cable Networks segment operates national cable networks, which provide entertainment, news and information, and sports content; regional sports and news networks; international cable networks; and cable television studio production operations, as well as owns various digital media properties, which primarily include brand-aligned Websites. The Broadcast Television segment operates NBC and Telemundo broadcast networks, NBC and Telemundo owned local broadcast television stations, broadcast television studio production operations, and related digital media properties. The Filmed Entertainment segment produces, acquires, markets, and distributes live-action and animated filmed entertainment, principally under the Universal Pictures, Illumination, and Focus Features names. This segment also develops, produces, and licenses stage plays. The Theme Parks segment operates Universal theme parks in Orlando, Florida, as well as in Hollywood, California; Universal studios theme park in Osaka, Japan; Wet ‘n Wild, a water park in Orlando, Florida; and CityWalk, a dining, retail, and entertainment complex. The company also owns the Philadelphia Flyers, as well as the Wells Fargo Center arena in Philadelphia, Pennsylvania; and operates arena management-related businesses. Comcast Corporation was founded in 1963 and is headquartered in Philadelphia, Pennsylvania.

The Chemours Company (CC) retreated with the stock falling -1.49% or $-0.33 to close at $21.88 on active trading volume of 8.21M compared its three months average trading volume of 3.58M. The Wilmington Delaware 19899 based company operating under the Specialty Chemicals industry has been trending up for the last 52 weeks, with the shares price now 332.52% up for the period and down by -0.95% so far this year. With price target of $22.14 and a 623.7% rebound from 52-week low, The Chemours Company has plenty of upside potential, making it a hold with a view buy.

The Chemours Company provides performance chemicals in North America, the Asia Pacific, Europe, the Middle East, Africa, and Latin America. It operates in three segments: Titanium Technologies, Fluoroproducts, and Chemical Solutions. The Titanium Technologies segment produces and sells titanium dioxide (TiO2) under the Ti-Pure brand name to deliver whiteness, brightness, opacity, and protection in various applications, such as architectural and industrial coatings, flexible and rigid plastic packaging, PVC window profiles, laminate papers, coated paper, and coated paperboard used for packaging. The Fluoroproducts segment provides fluoroproducts, such as hydrofluorocarbon refrigerants, and fluoropolymer resins and downstream products and coatings under the Teflon brand name. The Chemical Solutions segment offers industrial and specialty chemicals used in gold production, oil refining, agriculture, industrial polymers, and other industries in North America. This segment provides cyanides; and performance chemicals and intermediates, such as clean and disinfect chemicals, aniline, methylamines, glycolic acid, Vazo free radical initiators, and reactive metals. The company is headquartered in Wilmington, Delaware.

Oasis Petroleum Inc. (OAS) failed to extend gains with the stock declining -2.03% or $-0.33 to close the day at $15.89 on higher than average trading volume of 8.16M shares, compared to its three month average trading volume of 13.03M. The Houston Texas 77002 based company has been outperforming the independent oil & gas companies by 35.4075% for last three months and its recent gains have pushed the stock slightly up 4.95% YTD, versus the independent oil & gas industry which is up 1.88% for the same period. The RSI of 59.96 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Oasis Petroleum Inc., an independent exploration and production company, focuses on the acquisition and development of unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin. Its principal projects are located in West Williston and East Nesson. As of December 31, 2015, the company had 484,745 net leasehold acres in the Williston Basin; and approximately 218.2 million barrels of oil equivalent of estimated net proved reserves. Oasis Petroleum Inc. sells its oil and natural gas to refiners, marketers, and other purchasers that have access to pipeline and rail facilities. The company was founded in 2007 and is headquartered in Houston, Texas.

 

Traders Recap: Starbucks Corporation (SBUX), Oasis Petroleum Inc. (OAS), The Bank of New York Mellon Corporation (BK)

Starbucks Corporation (SBUX) managed to rebound with the stock climbing 1.16% or $0.64 to close the day at $55.99 on lower than average trading volume of 7.78M shares, compared to its three month average trading volume of 8.76M. The Seattle Washington 98134 based company has been outperforming the specialty eateries companies by 5.0362% for last three months and its recent gains have pushed the stock slightly up 0.85% YTD, versus the specialty eateries industry which is up 0.71% for the same period. The RSI of 45.88 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates in four segments: Americas; China/Asia Pacific; Europe, Middle East, and Africa; and Channel Development. Its stores offer coffee and tea beverages, packaged roasted whole bean and ground coffees, single-serve and ready-to-drink coffee and tea products, juices, and bottled water; an assortment of fresh food and snack offerings; and various food products, such as pastries, breakfast sandwiches, and lunch items, as well as beverage-making equipment and accessories. The company also licenses its trademarks through licensed stores, and grocery and national foodservice accounts. It offers its products under the Starbucks, Teavana, Tazo, Seattle’s Best Coffee, Evolution Fresh, La Boulange, Ethos, Frappuccino, Starbucks Doubleshot, Starbucks Refreshers, and Starbucks VIA brand names. As of November 3, 2016, the company operated 25,085 stores. Starbucks Corporation was founded in 1985 and is based in Seattle, Washington.

Oasis Petroleum Inc. (OAS) had a active trading with around 7.76M shares changing hands compared to its three month average trading volume of 13.1M. The stock traded between $15.54 and $16.27 before closing at the price of $16.22 with 3.12% change on the day. The company is currently trading 377.06% above its 52 week low of $3.4 and -5.04% below its 52 week high of $17.08. Both the RSI indicator and target price of 63.95 and $15.97 respectively, lead us to believe that it should be put on hold over the coming weeks.

Oasis Petroleum Inc., an independent exploration and production company, focuses on the acquisition and development of unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin. Its principal projects are located in West Williston and East Nesson. As of December 31, 2015, the company had 484,745 net leasehold acres in the Williston Basin; and approximately 218.2 million barrels of oil equivalent of estimated net proved reserves. Oasis Petroleum Inc. sells its oil and natural gas to refiners, marketers, and other purchasers that have access to pipeline and rail facilities. The company was founded in 2007 and is headquartered in Houston, Texas.

The Bank of New York Mellon Corporation (BK) traded within a range of $48.08 to $48.74 after opening the day at $48.25. The company has seen its stock increase in value by 2.81% so far this year. The stock was up close to 1.56% on active volume in last trading session and closed at $48.71 per share. After the recent gain, the stock is currently holding -1.68% below its 52 week high of $49.54 and 53.3% above its 12-month low of $32.2. The shares are up by over 21.7% in the last three months, and the RSI indicator value of 65.69 is neither bullish nor bearish, tempting investors to stay on the sidelines.

The Bank of New York Mellon Corporation, an investment company, provides financial products and services to institutions, corporations, and high net worth individuals in the United States and internationally. It operates through two segments, Investment Management and Investment Services. The company offers investment management; trust and custody; foreign exchange; fund administration; global collateral services; securities lending; depositary receipts; corporate trust; global payment/cash management; banking services; and clearing services. It also provides mutual funds, separate accounts, wealth management and private banking services; and broker-dealer services, registered investment advisory services, prime brokerage services, and working capital solutions. In addition, the company is involved in credit-related activities, business exits, leasing operations, and corporate treasury activities; and the provision of global markets and institutional banking services. The Bank of New York Mellon Corporation was founded in 1784 and is headquartered in New York, New York.

 

Stocks Trending Alert: Oasis Petroleum Inc. (OAS), Activision Blizzard, Inc. (ATVI), Morgan Stanley (MS)

Oasis Petroleum Inc. (OAS) saw its value increase by 3.9% as the stock gained $0.59 to finish the day at a closing price of $15.73. The stock was lighter in trading and has fluctuated between $3.4-$17.08 per share for the past year. The shares, which traded within a range of $15.19 to $15.97 during the day, are up by 35.72% in the past three months and up by 74.58% over the past six months. It is currently trading 0.9% above its 20 day moving average and 17.68% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $15.97 a share over the next twelve months. The current relative strength index (RSI) reading is 60.31.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Oasis Petroleum Inc., an independent exploration and production company, focuses on the acquisition and development of unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin. Its principal projects are located in West Williston and East Nesson. As of December 31, 2015, the company had 484,745 net leasehold acres in the Williston Basin; and approximately 218.2 million barrels of oil equivalent of estimated net proved reserves. Oasis Petroleum Inc. sells its oil and natural gas to refiners, marketers, and other purchasers that have access to pipeline and rail facilities. The company was founded in 2007 and is headquartered in Houston, Texas.

Activision Blizzard, Inc. (ATVI) shares were up in last trading by 1.47% to $36.64. It experienced lighter than average volume on day. The stock increased in value by almost 0.38% over the past week and grew 2.98% in the past month. It is currently trading -6.05% below its 50 day moving average and -6.58% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -19.56% decrease in value from its one year high of $45.55. The RSI indicator value of 42.34, lead us to believe that it is a hold for now.

Activision Blizzard, Inc. develops and publishes online, personal computer (PC), video game console, handheld, mobile, and tablet games. The company operates through two segments, Activision Publishing, Inc. and Blizzard Entertainment, Inc. The company develops, publishes, and sells interactive software products and content through retail channels or digital downloads; and downloadable content to a range of gamers. It also publishes subscription-based massively multiplayer online role-playing games; and strategy and role-playing games. In addition, the company maintains a proprietary online gaming service, Battle.net that facilitates the creation of user generated content, digital distribution, and online social connectivity in its games. Further, it engages in creating original film and television content; and provides warehousing, logistical, and sales distribution services to third-party publishers of interactive entertainment software, as well as manufacturers of interactive entertainment hardware products. The company serves retailers and distributors, including mass-market retailers, consumer electronics stores, discount warehouses, game specialty stores, and consumers through third-party distribution, licensing arrangements, and direct digital purchases in the United States, Canada, Canada, the United Kingdom, France, Germany, Ireland, Italy, Sweden, Spain, the Netherlands, Australia, South Korea, China, and internationally. Activision Blizzard, Inc. is headquartered in Santa Monica, California.

Morgan Stanley (MS) traded within a range of $42.45 to $43.63 after opening the day at $43.09. The company has seen its stock increase in value by 1.89% so far this year. The stock was up close to 1.89% on light volume in last trading session and closed at $43.05 per share. After the recent gain, the stock is currently holding -2.25% below its 52 week high of $44.04 and 107.21% above its 12-month low of $21.16. The shares are up by over 35.55% in the last three months, and the RSI indicator value of 64.46 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals worldwide. The company’s Institutional Securities segment offers capital raising and financial advisory services, including services related to the underwriting of debt, equity, and other securities, as well as advice on mergers and acquisitions, restructurings, real estate, and project finance. This segment also provides sales and trading services, such as sales, financing, and market-making services in equity securities and fixed income products, including foreign exchange and commodities, as well as prime brokerage services; and corporate lending services, credit products, and investments and research services. Its Wealth Management segment offers various financial services and solutions covering brokerage and investment advisory services, market-making services in fixed income securities, financial and wealth planning services, annuity and insurance products, credit and other lending products, and banking and retirement plan services to individual investors, small-to-medium sized businesses, and institutions. The company’s Investment Management segment provides various investment strategies and products comprising asset management, including equity, fixed income, liquidity, alternatives, and managed futures products. This segment is also involved in merchant banking and real estate investing businesses. Morgan Stanley was founded in 1924 and is headquartered in New York, New York.

 

Stocks in Focus: Memorial Production Partners LP (MEMP), Oasis Petroleum Inc. (OAS), Kindred Healthcare, Inc. (KND)

Memorial Production Partners LP (MEMP) had a active trading with around 5.19M shares changing hands compared to its three month average trading volume of 2.08M. The stock traded between $0.133 and $0.15 before closing at the price of $0.14 with -12.33% change on the day. The Houston Texas 77002 based company is currently trading -7.07% below its 52 week low of $0.13 and -95.51% below its 52 week high of $3.21. Both the RSI indicator and target price of 28.79 and $0 respectively, lead us to believe that it could rise over the coming weeks.

Memorial Production Partners LP, through its subsidiary, Memorial Production Operating LLC, engages in the acquisition, development, exploitation, and production of oil and natural gas properties. Its properties consist of operated and non-operated working interests in producing and undeveloped leasehold acreage, as well as working interests in identified producing wells located in Texas, Louisiana, Colorado, Wyoming, and offshore Southern California. As of December 31, 2015, its total estimated proved reserves were approximately 1,268 billion cubic feet of natural gas equivalent. Memorial Production Partners GP LLC serves as the general partner of Memorial Production Partners LP. The company was founded in 2011 and is headquartered in Houston, Texas.

Oasis Petroleum Inc. (OAS) continued its downward trend with the stock declining -2.83% or $-0.44 to close the day at $15.09 on active trading volume of 5.18M shares, compared to its three month average trading volume of 13.7M. The Houston Texas 77002 based company has been outperforming the independent oil & gas group over the past 52 weeks, with the stock gaining 121.59%, compared to the industry which has advanced 34.3% over the same period. With RSI of 53.68, the stock should still continue to rise and get closer to its one year target estimate of $15.97, making it a hold for now.

Oasis Petroleum Inc., an independent exploration and production company, focuses on the acquisition and development of unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin. Its principal projects are located in West Williston and East Nesson. As of December 31, 2015, the company had 484,745 net leasehold acres in the Williston Basin; and approximately 218.2 million barrels of oil equivalent of estimated net proved reserves. Oasis Petroleum Inc. sells its oil and natural gas to refiners, marketers, and other purchasers that have access to pipeline and rail facilities. The company was founded in 2007 and is headquartered in Houston, Texas.

Kindred Healthcare, Inc. (KND) shares were up in last trading by 1.9% to $8.05. It experienced higher than average volume on day. The stock decreased in value by almost 0% over the past week and grew 14.18% in the past month. It is currently trading 3.82% above its 50 day moving average and -22.93% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -46.53% decrease in value from its one year high of $15.66. The RSI indicator value of 52.9, lead us to believe that it is a hold for now.

Kindred Healthcare, Inc. provides healthcare services in the United States. It operates in four divisions: Hospital, Nursing Center, Rehabilitation, and Care Management. The Hospital division operates transitional care hospitals that provide services for medically complex patients, including the critically ill, suffering from multiple organ system failures, primarily the cardiovascular, pulmonary, kidney, gastro-intestinal, and cutaneous systems. This division also operates inpatient rehabilitation hospitals, which offer services to patients who require intensive inpatient rehabilitative care. The Nursing Center division operates nursing centers and assisted living facilities that provide short stay patients and long stay residents with a range of medical, nursing, rehabilitative, pharmacy, and routine services, including daily dietary, social, and recreational services. The Rehabilitation division provides rehabilitation services, including physical and occupational therapies, and speech pathology services to residents and patients of nursing centers, acute and long-term acute care hospitals, outpatient clinics, home health agencies, assisted living facilities, school districts, and hospice providers under the RehabCare name. The Care Management division provides home health, hospice, and private duty services to patients in various settings, including homes, skilled nursing facilities, and other residential settings under the Kindred at Home name. As of September 30, 2015, Kindred Healthcare, Inc. provided healthcare services in 2,723 locations, including 95 transitional care hospitals, 18 inpatient rehabilitation hospitals, 90 nursing centers, 20 sub-acute units, and 101 inpatient rehabilitation units; and 626 Kindred at Home hospice, home health, and non-medical home care locations, as well as a contract rehabilitation services business, which served, 1,773 non-affiliated facilities. The company is headquartered in Louisville, Kentucky.

 

3 Stocks in Focus: Oasis Petroleum Inc. (OAS), Callon Petroleum Company (CPE), Yahoo! Inc. (YHOO)

Oasis Petroleum Inc. (OAS) fell -0.82% during last trading as the stock lost $-0.13 to finish the day at $15.76 with about 3.89M shares changing hands, compared to its three month average trading volume of 14.26M. The $3.76B market cap company, which fluctuated between $15.64 and $15.96 during the day, currently situated 363.53% above its 52 week low of $3.4 and -7.73% away from its one year high of $17.08. The RSI of 59.96 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Oasis Petroleum Inc., an independent exploration and production company, focuses on the acquisition and development of unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin. Its principal projects are located in West Williston and East Nesson. As of December 31, 2015, the company had 484,745 net leasehold acres in the Williston Basin; and approximately 218.2 million barrels of oil equivalent of estimated net proved reserves. Oasis Petroleum Inc. sells its oil and natural gas to refiners, marketers, and other purchasers that have access to pipeline and rail facilities. The company was founded in 2007 and is headquartered in Houston, Texas.

Callon Petroleum Company (CPE) dropped $-0.11 to close the day at a new closing price of $15.6, a -0.7% decrease in value from its previous closing price that moved the stock 270.55% above its 52 week low of $4.21. A total of 3.88M shares exchanged hands during the day compared with its three month average trading volume of 5.19M. The stock, which fluctuated between $15.5 and $15.73 during the day, currently situated -15.81% below its 52 week high. The stock is down by -3.94% in the past one month and up by 10.95% over the past three months. With a one year target estimate of $19.27 and RSI of 46.78, the stock still has upside potential, making it a hold for now.

Callon Petroleum Company, an independent oil and natural gas company, acquires, explores for, develops, and produces oil and natural gas properties in the Permian Basin in West Texas. As of December 31, 2015, the company estimated net proved reserves totaled 54.3 million barrel of oil equivalent. Callon Petroleum Company was founded in 1950 and is headquartered in Natchez, Mississippi.

Yahoo! Inc. (YHOO) had a active trading with around 3.84M shares changing hands compared to its three month average trading volume of 10.47M. The stock traded at the price of $38.66 with 0.42% change on the day. The Sunnyvale California 94089 based company is currently trading 47.84% above its 52 week low of $26.15 and -13.94% below its 52 week high of $44.92. Both the RSI indicator and target price of 38.11 and $45.86 respectively, lead us to believe that it should be put on hold over the coming weeks.

Yahoo! Inc., together with its subsidiaries, provides search and display advertising services on Yahoo properties and affiliate sites worldwide. The company offers Yahoo Search that serves as a guide for users to discover information on the Internet; Yahoo Mail, which connects users to the people and content; and Yahoo Messenger, an instant messaging service, which enables users to connect, communicate, and share experiences in real-time. It also provides digital content products, including Yahoo News, which gives users to discover, consume, and engage around the news, content, and video; Yahoo Sports, which serves audiences of sports enthusiasts; Yahoo Finance that offers a range of financial data, information, and tools; Yahoo Lifestyle to engage users passionate about style and fashion; and Tumblr, which provides a Web platform and mobile applications on iOS and android to create, share, and curate content, as well as Tumblr messaging that enables users to engage with other users that share their same interests and passions. In addition, the company provides advertiser products, such as Yahoo Gemini, a marketplace for search and native advertising; and BrightRoll, which offers a suite of media-agnostic tools to enable advertisers, publishers, and partners connect with users across ad formats and devices. Further, it offers advertising formats; and digital advertising products, such as Yahoo native, Yahoo video, Yahoo premium, and Yahoo audience ads. Additionally, the company offers Yahoo Mobile Developer suite consisting of Flurry Analytics, Yahoo App Publishing, Yahoo App Marketing, and Tumblr In-App Sharing tools to measure, monetize, advertise, and improve their apps. Yahoo! Inc. was founded in 1994 and is headquartered in Sunnyvale, California.