Hess Corporation (HES) fell -4.84% during last trading as the stock lost $-2.99 to finish the day at $58.85 with about 16.84M shares changing hands, compared to its three month average trading volume of 3.94M. The $18.69B market cap company, which fluctuated between $56.65 and $59.99 during the day, currently situated 85% above its 52 week low of $32.41 and -9.88% away from its one year high of $65.56. The RSI of 44.26 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.
Hess Corporation, an exploration and production company, develops, produces, purchases, transports, and sells crude oil, natural gas liquids, and natural gas. The company operates in two segments, Exploration and Production, and Bakken Midstream. It is also involved in crude oil and natural gas gathering, processing of natural gas and the fractionation of natural gas liquids, transportation of crude oil by rail car, terminating and loading crude oil and natural gas liquids, and the storage and terminating of propane primarily in the Bakken shale play of North Dakota. The company operates primarily in the United States, Denmark, Equatorial Guinea, the Joint Development Area of Malaysia/Thailand, Malaysia, and Norway. As of December 31, 2015, it had total proved reserves of 1,086 million barrels of oil equivalent. The company was founded in 1920 and is headquartered in New York, New York.
General Motors Company (GM) dropped $-0.44 to close the day at a new closing price of $37.51, a -1.16% decrease in value from its previous closing price that moved the stock 47.42% above its 52 week low of $26.69. A total of 16.83M shares exchanged hands during the day compared with its three month average trading volume of 14.9M. The stock, which fluctuated between $37.06 and $38.15 during the day, currently situated -1.7% below its 52 week high. The stock is up by 1.11% in the past one month and up by 19.69% over the past three months. With a one year target estimate of $36.95 and RSI of 61.17, the stock still has upside potential, making it a hold for now.
General Motors Company designs, builds, and sells cars, crossovers, trucks, and automobile parts worldwide. The company operates through GM North America, GM Europe, GM International Operations, GM South America, and GM Financial segments. It markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Opel, Holden, Vauxhall, Baojun, Jiefang, and Wuling brand names. The company also sells cars and trucks to dealers for consumer retail sales, as well as to fleet customers, including daily rental car companies, commercial fleet customers, leasing companies, and governments. In addition, it offers connected safety, security and mobility solutions, and information technology services. The company, through its subsidiary, General Motors Financial Company, Inc., provides automotive financing services. General Motors Company was founded in 1897 and is based in Detroit, Michigan.
Southwestern Energy Company (SWN) had a light trading with around 15.8M shares changing hands compared to its three month average trading volume of 16.57M. The stock traded between $10.09 and $10.45 before closing at the price of $10.1 with -1.46% change on the day. The Spring Texas 77389 based company is currently trading 90.57% above its 52 week low of $5.3 and -35.21% below its 52 week high of $15.59. Both the RSI indicator and target price of 44.37 and $13.69 respectively, lead us to believe that it should be put on hold over the coming weeks.
Southwestern Energy Company, an independent natural gas and oil company, explores for, develops, and produces natural gas and oil primarily in the United States. It operates through two segments, Exploration and Production and Midstream Services. The company focuses on the Marcellus Shale, an unconventional natural gas reservoir covering approximately 270,335 net acres in northeast Pennsylvania; and the Fayetteville Shale, an unconventional natural gas reservoir covering approximately 957,641 net acres in Arkansas. It also engages in the exploration and production activities in Colorado and Louisiana. In addition, the company is involved in gathering, marketing, and transporting natural gas, and oil and natural gas liquids. As of December 31, 2015, it had a pipeline of 2,044 miles in Arkansas and 16 miles in Louisiana in its gathering systems. The companys estimated proved natural gas and oil reserves comprised 6,215 billion cubic feet of natural gas equivalent (Bcfe); and had 443 Bcfe of proved undeveloped reserves. Southwestern Energy Company was founded in 1929 and is based in Spring, Texas.