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Tag: Oils/Energy

  • Hofer & Associates. Inc Boosts Holdings in Chevron Co. (NYSE:CVX)

    Hofer & Associates. Inc Boosts Holdings in Chevron Co. (NYSE:CVX)

    Hofer & Associates. Inc grew its stake in Chevron Co. (NYSE:CVX – Free Report) by 9.1% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,652 shares of the oil and gas company’s stock after buying an additional 138 shares during the quarter. Hofer & Associates. Inc’s holdings in Chevron were worth $243,000 as of its most recent SEC filing.

    Other hedge funds have also recently modified their holdings of the company. Anfield Capital Management LLC increased its holdings in Chevron by 118.0% in the second quarter. Anfield Capital Management LLC now owns 218 shares of the oil and gas company’s stock valued at $34,000 after buying an additional 118 shares in the last quarter. Cyrus J. Lawrence LLC raised its holdings in Chevron by 66.7% in the 2nd quarter. Cyrus J. Lawrence LLC now owns 250 shares of the oil and gas company’s stock worth $39,000 after purchasing an additional 100 shares during the period. Krane Funds Advisors LLC acquired a new position in Chevron in the 3rd quarter worth about $47,000. Livelsberger Financial Advisory purchased a new position in Chevron during the third quarter worth approximately $47,000. Finally, Dixon Mitchell Investment Counsel Inc. acquired a new stake in Chevron in the first quarter valued at approximately $55,000. Hedge funds and other institutional investors own 72.42% of the company’s stock.

    Chevron Price Performance

    Chevron stock opened at $150.92 on Wednesday. The company has a current ratio of 1.16, a quick ratio of 0.85 and a debt-to-equity ratio of 0.13. The company has a 50-day moving average price of $146.32 and a 200 day moving average price of $153.47. Chevron Co. has a 12-month low of $135.37 and a 12-month high of $167.11. The stock has a market cap of $278.14 billion, a P/E ratio of 13.88, a PEG ratio of 2.73 and a beta of 1.09.

    Chevron (NYSE:CVX – Get Free Report) last released its quarterly earnings data on Friday, August 2nd. The oil and gas company reported $2.55 EPS for the quarter, missing analysts’ consensus estimates of $2.93 by ($0.38). Chevron had a net margin of 9.31% and a return on equity of 13.70%. The business had revenue of $51.18 billion during the quarter, compared to analyst estimates of $48.68 billion. During the same quarter in the prior year, the company posted $3.08 earnings per share. The company’s revenue was up 4.7% on a year-over-year basis. Sell-side analysts anticipate that Chevron Co. will post 10.95 earnings per share for the current year.

    Chevron Dividend Announcement

    The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 10th. Investors of record on Monday, August 19th were issued a $1.63 dividend. The ex-dividend date of this dividend was Monday, August 19th. This represents a $6.52 annualized dividend and a yield of 4.32%. Chevron’s dividend payout ratio (DPR) is currently 59.98%.

    Wall Street Analyst Weigh In

    CVX has been the topic of a number of recent analyst reports. Wolfe Research assumed coverage on Chevron in a research report on Thursday, July 18th. They set a “peer perform” rating on the stock. Bank of America began coverage on shares of Chevron in a report on Thursday, October 17th. They set a “buy” rating and a $168.00 price objective on the stock. Wells Fargo & Company cut their target price on shares of Chevron from $196.00 to $169.00 and set an “overweight” rating for the company in a research note on Friday, September 27th. Scotiabank decreased their price target on shares of Chevron from $180.00 to $163.00 and set a “sector outperform” rating on the stock in a research note on Thursday, October 10th. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a $170.00 price objective on shares of Chevron in a research note on Tuesday, October 8th. Five analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $173.07.

    View Our Latest Research Report on Chevron

    Chevron Company Profile

    (Free Report)

    Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; and carbon capture and storage, as well as a gas-to-liquids plant.

    See Also

    Want to see what other hedge funds are holding CVX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Chevron Co. (NYSE:CVX – Free Report).

    Institutional Ownership by Quarter for Chevron (NYSE:CVX)

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  • 105,433 Shares in TXO Partners, L.P. (NYSE:TXO) Bought by Sei Investments Co.

    105,433 Shares in TXO Partners, L.P. (NYSE:TXO) Bought by Sei Investments Co.

    Sei Investments Co. bought a new position in shares of TXO Partners, L.P. (NYSE:TXO – Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 105,433 shares of the company’s stock, valued at approximately $2,126,000.

    Other institutional investors and hedge funds have also recently bought and sold shares of the company. Silverleafe Capital Partners LLC purchased a new stake in TXO Partners in the second quarter valued at $685,000. Hsbc Holdings PLC purchased a new stake in TXO Partners in the fourth quarter valued at $2,685,000. Raymond James & Associates lifted its position in TXO Partners by 43.4% in the second quarter. Raymond James & Associates now owns 234,488 shares of the company’s stock valued at $4,727,000 after acquiring an additional 70,918 shares during the last quarter. Pin Oak Investment Advisors Inc. purchased a new stake in TXO Partners in the fourth quarter valued at $4,346,000. Finally, Energy Income Partners LLC lifted its position in TXO Partners by 37.7% in the first quarter. Energy Income Partners LLC now owns 493,438 shares of the company’s stock valued at $8,857,000 after acquiring an additional 135,029 shares during the last quarter. 27.44% of the stock is owned by hedge funds and other institutional investors.

    TXO Partners Price Performance

    Shares of TXO opened at $19.07 on Friday. TXO Partners, L.P. has a 1-year low of $17.20 and a 1-year high of $23.56. The stock has a market cap of $732.48 million, a PE ratio of -3.26 and a beta of 0.05. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.27 and a quick ratio of 3.26. The firm has a fifty day moving average price of $18.85 and a 200 day moving average price of $19.82.

    TXO Partners (NYSE:TXO – Get Free Report) last announced its quarterly earnings results on Tuesday, August 6th. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.10). TXO Partners had a negative net margin of 60.08% and a positive return on equity of 9.33%. The company had revenue of $57.31 million during the quarter, compared to analysts’ expectations of $63.77 million. As a group, sell-side analysts anticipate that TXO Partners, L.P. will post 0.98 EPS for the current year.

    TXO Partners Cuts Dividend

    The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 27th. Stockholders of record on Tuesday, August 20th were issued a $0.57 dividend. The ex-dividend date of this dividend was Tuesday, August 20th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 11.96%. TXO Partners’s payout ratio is -38.97%.

    TXO Partners Company Profile

    (Free Report)

    TXO Partners, L.P., an oil and natural gas company, focuses on the acquisition, development, optimization, and exploitation of conventional oil, natural gas, and natural gas liquid reserves in North America. Its acreage positions are concentrated in the Permian Basin of West Texas and New Mexico and the San Juan Basin of New Mexico and Colorado.

    Read More

    Want to see what other hedge funds are holding TXO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TXO Partners, L.P. (NYSE:TXO – Free Report).

    Institutional Ownership by Quarter for TXO Partners (NYSE:TXO)

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  • Ninety One SA PTY Ltd Lowers Holdings in Exxon Mobil Co. (NYSE:XOM)

    Ninety One SA PTY Ltd Lowers Holdings in Exxon Mobil Co. (NYSE:XOM)

    Ninety One SA PTY Ltd reduced its position in shares of Exxon Mobil Co. (NYSE:XOM – Free Report) by 68.8% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 89,751 shares of the oil and gas company’s stock after selling 197,813 shares during the quarter. Exxon Mobil comprises about 1.6% of Ninety One SA PTY Ltd’s portfolio, making the stock its 21st biggest position. Ninety One SA PTY Ltd’s holdings in Exxon Mobil were worth $10,368,000 at the end of the most recent reporting period.

    A number of other hedge funds and other institutional investors have also made changes to their positions in the company. International Assets Investment Management LLC boosted its holdings in shares of Exxon Mobil by 3.2% in the 4th quarter. International Assets Investment Management LLC now owns 49,187 shares of the oil and gas company’s stock valued at $4,918,000 after buying an additional 1,539 shares in the last quarter. Tennessee Valley Asset Management Partners grew its holdings in Exxon Mobil by 4.3% in the fourth quarter. Tennessee Valley Asset Management Partners now owns 5,611 shares of the oil and gas company’s stock worth $561,000 after purchasing an additional 232 shares during the last quarter. Obermeyer Wood Investment Counsel Lllp lifted its holdings in shares of Exxon Mobil by 1,010.7% during the 4th quarter. Obermeyer Wood Investment Counsel Lllp now owns 152,324 shares of the oil and gas company’s stock valued at $15,229,000 after purchasing an additional 138,610 shares during the last quarter. Fidelis Capital Partners LLC boosted its position in shares of Exxon Mobil by 16.4% in the 4th quarter. Fidelis Capital Partners LLC now owns 44,603 shares of the oil and gas company’s stock worth $4,459,000 after purchasing an additional 6,282 shares in the last quarter. Finally, Fonville Wealth Management LLC purchased a new position in Exxon Mobil during the 4th quarter worth $385,000. Institutional investors own 61.80% of the company’s stock.

    Exxon Mobil Price Performance

    Shares of Exxon Mobil stock traded up $0.31 during trading hours on Wednesday, reaching $114.89. 616,764 shares of the company’s stock were exchanged, compared to its average volume of 17,077,803. The business has a fifty day moving average of $114.85 and a two-hundred day moving average of $113.67. The company has a quick ratio of 1.06, a current ratio of 1.38 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $453.01 billion, a P/E ratio of 14.04, a price-to-earnings-growth ratio of 4.51 and a beta of 0.91. Exxon Mobil Co. has a 1 year low of $95.77 and a 1 year high of $123.75.

    Exxon Mobil (NYSE:XOM – Get Free Report) last released its quarterly earnings data on Friday, August 2nd. The oil and gas company reported $2.14 EPS for the quarter, beating analysts’ consensus estimates of $2.04 by $0.10. Exxon Mobil had a net margin of 9.62% and a return on equity of 16.75%. The company had revenue of $93.06 billion during the quarter, compared to the consensus estimate of $90.09 billion. During the same quarter in the prior year, the firm earned $1.94 EPS. Exxon Mobil’s quarterly revenue was up 12.2% on a year-over-year basis. As a group, research analysts predict that Exxon Mobil Co. will post 8.65 earnings per share for the current fiscal year.

    Exxon Mobil Announces Dividend

    The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 10th. Stockholders of record on Thursday, August 15th will be issued a dividend of $0.95 per share. The ex-dividend date is Thursday, August 15th. This represents a $3.80 annualized dividend and a dividend yield of 3.31%. Exxon Mobil’s dividend payout ratio is presently 46.57%.

    Analysts Set New Price Targets

    Several equities analysts recently commented on XOM shares. Truist Financial decreased their price objective on shares of Exxon Mobil from $124.00 to $121.00 and set a “hold” rating for the company in a research report on Monday, July 22nd. Morgan Stanley reiterated an “overweight” rating and issued a $145.00 target price on shares of Exxon Mobil in a research report on Wednesday, May 15th. HSBC raised their price target on shares of Exxon Mobil from $111.00 to $120.00 and gave the stock a “hold” rating in a research report on Tuesday, April 30th. UBS Group upped their price objective on shares of Exxon Mobil from $156.00 to $157.00 and gave the company a “buy” rating in a report on Tuesday. Finally, Mizuho upped their price target on shares of Exxon Mobil from $125.00 to $128.00 and gave the company a “neutral” rating in a report on Monday, May 13th. Eight investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $134.56.

    View Our Latest Analysis on XOM

    Exxon Mobil Company Profile

    (Free Report)

    Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.

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    Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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  • Exxon Mobil Co. (NYSE:XOM) Shares Sold by Ninety One UK Ltd

    Exxon Mobil Co. (NYSE:XOM) Shares Sold by Ninety One UK Ltd

    Ninety One UK Ltd lessened its stake in Exxon Mobil Co. (NYSE:XOM – Free Report) by 29.6% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,790,567 shares of the oil and gas company’s stock after selling 1,176,041 shares during the quarter. Ninety One UK Ltd’s holdings in Exxon Mobil were worth $321,250,000 as of its most recent SEC filing.

    Other hedge funds have also bought and sold shares of the company. Carmel Capital Partners LLC increased its holdings in shares of Exxon Mobil by 1.0% during the 1st quarter. Carmel Capital Partners LLC now owns 8,796 shares of the oil and gas company’s stock worth $1,022,000 after purchasing an additional 86 shares during the period. PFS Partners LLC raised its position in Exxon Mobil by 0.5% in the first quarter. PFS Partners LLC now owns 18,836 shares of the oil and gas company’s stock worth $2,190,000 after purchasing an additional 89 shares in the last quarter. Bay Rivers Group grew its stake in shares of Exxon Mobil by 2.5% in the 1st quarter. Bay Rivers Group now owns 3,747 shares of the oil and gas company’s stock valued at $436,000 after purchasing an additional 90 shares during the period. WPWealth LLP grew its position in Exxon Mobil by 1.0% in the first quarter. WPWealth LLP now owns 8,701 shares of the oil and gas company’s stock valued at $1,011,000 after acquiring an additional 90 shares during the period. Finally, Gilbert & Cook Inc. lifted its holdings in shares of Exxon Mobil by 0.4% during the first quarter. Gilbert & Cook Inc. now owns 25,564 shares of the oil and gas company’s stock valued at $2,972,000 after acquiring an additional 91 shares during the period. Hedge funds and other institutional investors own 61.80% of the company’s stock.

    Wall Street Analyst Weigh In

    Several analysts have recently weighed in on the stock. Morgan Stanley reaffirmed an “overweight” rating and set a $145.00 price objective on shares of Exxon Mobil in a report on Wednesday, May 15th. Wells Fargo & Company dropped their target price on shares of Exxon Mobil from $139.00 to $135.00 and set an “overweight” rating for the company in a research note on Monday, August 5th. HSBC lifted their target price on Exxon Mobil from $111.00 to $120.00 and gave the company a “hold” rating in a research note on Tuesday, April 30th. Mizuho lifted their price target on shares of Exxon Mobil from $125.00 to $128.00 and gave the stock a “neutral” rating in a research report on Monday, May 13th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $135.00 price objective on shares of Exxon Mobil in a report on Tuesday, July 9th. Eight research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $134.56.

    Read Our Latest Stock Report on XOM

    Exxon Mobil Stock Up 0.3 %

    Shares of Exxon Mobil stock traded up $0.31 during trading on Wednesday, reaching $114.89. The stock had a trading volume of 616,764 shares, compared to its average volume of 17,077,803. The company has a current ratio of 1.38, a quick ratio of 1.06 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $453.01 billion, a price-to-earnings ratio of 14.04, a P/E/G ratio of 4.51 and a beta of 0.91. Exxon Mobil Co. has a 52 week low of $95.77 and a 52 week high of $123.75. The stock has a fifty day moving average price of $114.85 and a two-hundred day moving average price of $113.67.

    Exxon Mobil (NYSE:XOM – Get Free Report) last released its earnings results on Friday, August 2nd. The oil and gas company reported $2.14 EPS for the quarter, beating the consensus estimate of $2.04 by $0.10. The firm had revenue of $93.06 billion for the quarter, compared to analysts’ expectations of $90.09 billion. Exxon Mobil had a return on equity of 16.75% and a net margin of 9.62%. The business’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.94 EPS. Sell-side analysts predict that Exxon Mobil Co. will post 8.65 EPS for the current fiscal year.

    Exxon Mobil Announces Dividend

    The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 10th. Investors of record on Thursday, August 15th will be issued a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a yield of 3.31%. The ex-dividend date is Thursday, August 15th. Exxon Mobil’s payout ratio is 46.57%.

    Exxon Mobil Profile

    (Free Report)

    Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.

    Further Reading

    Want to see what other hedge funds are holding XOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Exxon Mobil Co. (NYSE:XOM – Free Report).

    Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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  • Dakota Wealth Management Has $25.60 Million Position in Exxon Mobil Co. (NYSE:XOM)

    Dakota Wealth Management Has $25.60 Million Position in Exxon Mobil Co. (NYSE:XOM)

    Dakota Wealth Management raised its holdings in Exxon Mobil Co. (NYSE:XOM – Free Report) by 5.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 222,342 shares of the oil and gas company’s stock after buying an additional 12,002 shares during the quarter. Exxon Mobil accounts for approximately 0.6% of Dakota Wealth Management’s holdings, making the stock its 29th biggest holding. Dakota Wealth Management’s holdings in Exxon Mobil were worth $25,596,000 at the end of the most recent quarter.

    Other hedge funds and other institutional investors also recently made changes to their positions in the company. International Assets Investment Management LLC grew its position in Exxon Mobil by 3.2% in the fourth quarter. International Assets Investment Management LLC now owns 49,187 shares of the oil and gas company’s stock valued at $4,918,000 after acquiring an additional 1,539 shares during the period. Tennessee Valley Asset Management Partners boosted its stake in shares of Exxon Mobil by 4.3% in the 4th quarter. Tennessee Valley Asset Management Partners now owns 5,611 shares of the oil and gas company’s stock valued at $561,000 after purchasing an additional 232 shares in the last quarter. Obermeyer Wood Investment Counsel Lllp grew its holdings in shares of Exxon Mobil by 1,010.7% in the 4th quarter. Obermeyer Wood Investment Counsel Lllp now owns 152,324 shares of the oil and gas company’s stock worth $15,229,000 after purchasing an additional 138,610 shares during the last quarter. Fidelis Capital Partners LLC increased its position in shares of Exxon Mobil by 16.4% during the 4th quarter. Fidelis Capital Partners LLC now owns 44,603 shares of the oil and gas company’s stock worth $4,459,000 after purchasing an additional 6,282 shares in the last quarter. Finally, Fonville Wealth Management LLC acquired a new position in Exxon Mobil in the fourth quarter valued at about $385,000. 61.80% of the stock is owned by institutional investors.

    Analysts Set New Price Targets

    XOM has been the subject of several recent analyst reports. Sanford C. Bernstein dropped their price objective on shares of Exxon Mobil from $139.00 to $138.00 and set an “outperform” rating for the company in a report on Wednesday, July 17th. HSBC boosted their price objective on Exxon Mobil from $111.00 to $120.00 and gave the stock a “hold” rating in a research note on Tuesday, April 30th. Evercore ISI upgraded shares of Exxon Mobil to a “strong-buy” rating in a research report on Monday, August 5th. TD Cowen raised their price target on shares of Exxon Mobil from $128.00 to $135.00 and gave the company a “buy” rating in a report on Tuesday, April 30th. Finally, Wells Fargo & Company reduced their price objective on Exxon Mobil from $139.00 to $135.00 and set an “overweight” rating on the stock in a report on Monday, August 5th. Eight analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $134.56.

    Check Out Our Latest Research Report on XOM

    Exxon Mobil Trading Up 0.3 %

    Shares of NYSE XOM traded up $0.31 during midday trading on Wednesday, reaching $114.89. 616,764 shares of the stock were exchanged, compared to its average volume of 17,077,803. Exxon Mobil Co. has a 12 month low of $95.77 and a 12 month high of $123.75. The company has a market capitalization of $453.01 billion, a price-to-earnings ratio of 14.04, a P/E/G ratio of 4.51 and a beta of 0.91. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.38 and a quick ratio of 1.06. The business has a 50-day simple moving average of $114.85 and a two-hundred day simple moving average of $113.67.

    Exxon Mobil (NYSE:XOM – Get Free Report) last announced its quarterly earnings results on Friday, August 2nd. The oil and gas company reported $2.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.04 by $0.10. Exxon Mobil had a return on equity of 16.75% and a net margin of 9.62%. The company had revenue of $93.06 billion during the quarter, compared to the consensus estimate of $90.09 billion. During the same period in the prior year, the company earned $1.94 earnings per share. The company’s revenue for the quarter was up 12.2% compared to the same quarter last year. As a group, equities research analysts expect that Exxon Mobil Co. will post 8.65 EPS for the current year.

    Exxon Mobil Dividend Announcement

    The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 10th. Stockholders of record on Thursday, August 15th will be given a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a dividend yield of 3.31%. The ex-dividend date is Thursday, August 15th. Exxon Mobil’s dividend payout ratio is 46.57%.

    Exxon Mobil Profile

    (Free Report)

    Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.

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    Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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  • Ameresco, Inc. (NYSE:AMRC) Expected to Earn FY2025 Earnings of $1.65 Per Share

    Ameresco, Inc. (NYSE:AMRC) Expected to Earn FY2025 Earnings of $1.65 Per Share

    Ameresco, Inc. (NYSE:AMRC – Free Report) – Equities research analysts at Roth Capital issued their FY2025 earnings estimates for shares of Ameresco in a report issued on Tuesday, August 6th. Roth Capital analyst C. Irwin anticipates that the utilities provider will post earnings per share of $1.65 for the year. The consensus estimate for Ameresco’s current full-year earnings is $1.36 per share.

    Ameresco (NYSE:AMRC – Get Free Report) last posted its quarterly earnings data on Monday, August 5th. The utilities provider reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.15). The company had revenue of $437.98 million for the quarter, compared to analysts’ expectations of $373.75 million. Ameresco had a return on equity of 6.67% and a net margin of 4.17%. The business’s revenue for the quarter was up 33.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.15 EPS.

    Other equities analysts have also recently issued research reports about the stock. Robert W. Baird increased their price objective on shares of Ameresco from $28.00 to $32.00 and gave the stock an “outperform” rating in a research report on Thursday, May 9th. UBS Group raised their price target on shares of Ameresco from $36.00 to $39.00 and gave the company a “buy” rating in a research report on Tuesday, May 14th. Piper Sandler decreased their price target on shares of Ameresco from $37.00 to $35.00 and set an “overweight” rating for the company in a research report on Tuesday. B. Riley upgraded shares of Ameresco to a “strong-buy” rating in a report on Tuesday, June 25th. Finally, StockNews.com upgraded shares of Ameresco to a “sell” rating in a report on Monday, July 1st. One research analyst has rated the stock with a sell rating, four have issued a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $38.00.

    View Our Latest Research Report on Ameresco

    Ameresco Stock Performance

    NYSE:AMRC opened at $28.76 on Wednesday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.96 and a current ratio of 0.97. The stock has a market capitalization of $1.51 billion, a P/E ratio of 26.15, a PEG ratio of 0.86 and a beta of 1.78. The company has a 50 day moving average price of $31.57 and a 200 day moving average price of $25.92. Ameresco has a fifty-two week low of $17.55 and a fifty-two week high of $52.01.

    Institutional Inflows and Outflows

    Institutional investors have recently bought and sold shares of the business. Quest Partners LLC purchased a new stake in shares of Ameresco in the fourth quarter valued at about $62,000. nVerses Capital LLC purchased a new stake in shares of Ameresco in the second quarter valued at about $75,000. GAMMA Investing LLC boosted its holdings in shares of Ameresco by 1,215.2% in the second quarter. GAMMA Investing LLC now owns 3,117 shares of the utilities provider’s stock valued at $90,000 after acquiring an additional 2,880 shares in the last quarter. Cetera Trust Company N.A purchased a new stake in shares of Ameresco in the fourth quarter valued at about $106,000. Finally, SG Americas Securities LLC purchased a new stake in Ameresco during the second quarter worth about $156,000. 99.24% of the stock is currently owned by institutional investors and hedge funds.

    Insider Buying and Selling at Ameresco

    In other Ameresco news, CAO Mark Chiplock sold 3,000 shares of Ameresco stock in a transaction on Thursday, May 30th. The shares were sold at an average price of $35.00, for a total value of $105,000.00. Following the transaction, the chief accounting officer now directly owns 348 shares in the company, valued at $12,180. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 42.00% of the stock is currently owned by company insiders.

    Ameresco Company Profile

    (Get Free Report)

    Ameresco, Inc, a clean technology integrator, provides a portfolio of energy efficiency and renewable energy supply solutions in the United States, Canada, Europe, and internationally. It operates through U.S. Regions, U.S. Federal, Canada, Europe, Alternative Fuels, and All Other segments. The company offers energy efficiency, infrastructure upgrades, energy security and resilience, asset sustainability, and renewable energy solutions for businesses and organizations.

    See Also

    Earnings History and Estimates for Ameresco (NYSE:AMRC)

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  • Versor Investments LP Sells 3,900 Shares of Helmerich & Payne, Inc. (NYSE:HP)

    Versor Investments LP Sells 3,900 Shares of Helmerich & Payne, Inc. (NYSE:HP)

    Versor Investments LP cut its holdings in shares of Helmerich & Payne, Inc. (NYSE:HP – Free Report) by 32.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 8,181 shares of the oil and gas company’s stock after selling 3,900 shares during the quarter. Versor Investments LP’s holdings in Helmerich & Payne were worth $296,000 at the end of the most recent quarter.

    Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Principal Securities Inc. acquired a new position in shares of Helmerich & Payne in the 4th quarter valued at approximately $35,000. Charles Schwab Investment Management Inc. lifted its holdings in shares of Helmerich & Payne by 2.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 910,432 shares of the oil and gas company’s stock worth $32,976,000 after buying an additional 21,490 shares in the last quarter. LSV Asset Management grew its position in Helmerich & Payne by 11,750.0% during the fourth quarter. LSV Asset Management now owns 568,800 shares of the oil and gas company’s stock worth $20,602,000 after buying an additional 564,000 shares in the last quarter. M&T Bank Corp grew its stake in Helmerich & Payne by 5.7% during the fourth quarter. M&T Bank Corp now owns 8,510 shares of the oil and gas company’s stock worth $308,000 after buying an additional 457 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its holdings in shares of Helmerich & Payne by 8.7% in the 4th quarter. Victory Capital Management Inc. now owns 2,628,685 shares of the oil and gas company’s stock valued at $95,211,000 after purchasing an additional 210,321 shares in the last quarter. 96.05% of the stock is currently owned by institutional investors.

    Helmerich & Payne Stock Up 0.7 %

    Helmerich & Payne stock opened at $39.02 on Wednesday. The company has a current ratio of 2.16, a quick ratio of 1.92 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $3.85 billion, a price-to-earnings ratio of 11.15, a P/E/G ratio of 1.87 and a beta of 1.51. Helmerich & Payne, Inc. has a 1-year low of $30.69 and a 1-year high of $46.55. The firm has a 50 day simple moving average of $40.81 and a 200 day simple moving average of $38.41.

    Helmerich & Payne (NYSE:HP – Get Free Report) last issued its quarterly earnings data on Thursday, April 25th. The oil and gas company reported $0.84 EPS for the quarter, missing the consensus estimate of $0.85 by ($0.01). The business had revenue of $687.94 million for the quarter, compared to analysts’ expectations of $682.51 million. Helmerich & Payne had a return on equity of 13.21% and a net margin of 12.84%. The firm’s revenue for the quarter was down 10.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.26 EPS. On average, analysts predict that Helmerich & Payne, Inc. will post 3.56 earnings per share for the current year.

    Helmerich & Payne Dividend Announcement

    The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Stockholders of record on Friday, May 17th will be paid a dividend of $0.42 per share. The ex-dividend date of this dividend is Thursday, May 16th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 4.31%. Helmerich & Payne’s dividend payout ratio (DPR) is currently 28.57%.

    Analysts Set New Price Targets

    HP has been the subject of a number of recent research reports. Citigroup upped their target price on Helmerich & Payne from $40.00 to $42.00 and gave the stock a “neutral” rating in a report on Tuesday, April 16th. Piper Sandler decreased their target price on Helmerich & Payne from $44.00 to $39.00 and set a “neutral” rating for the company in a research note on Monday, May 6th. Benchmark reaffirmed a “hold” rating on shares of Helmerich & Payne in a research note on Thursday, April 25th. Susquehanna lowered their target price on Helmerich & Payne from $52.00 to $50.00 and set a “positive” rating on the stock in a research report on Friday, April 26th. Finally, Royal Bank of Canada lifted their price objective on shares of Helmerich & Payne from $46.00 to $48.00 and gave the stock a “sector perform” rating in a report on Wednesday, January 31st. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat, Helmerich & Payne presently has a consensus rating of “Hold” and an average target price of $42.00.

    Get Our Latest Stock Analysis on Helmerich & Payne

    Insider Buying and Selling

    In other Helmerich & Payne news, SVP Cara M. Hair sold 9,910 shares of the firm’s stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $40.22, for a total value of $398,580.20. Following the completion of the sale, the senior vice president now directly owns 137,764 shares in the company, valued at $5,540,868.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Helmerich & Payne news, CFO Mark W. Smith sold 16,000 shares of the company’s stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $40.49, for a total transaction of $647,840.00. Following the transaction, the chief financial officer now owns 144,870 shares in the company, valued at approximately $5,865,786.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Cara M. Hair sold 9,910 shares of the firm’s stock in a transaction on Monday, April 29th. The stock was sold at an average price of $40.22, for a total value of $398,580.20. Following the completion of the transaction, the senior vice president now owns 137,764 shares in the company, valued at $5,540,868.08. The disclosure for this sale can be found here. 4.38% of the stock is owned by insiders.

    Helmerich & Payne Profile

    (Free Report)

    Founded in 1920, Helmerich & Payne, Inc (H&P) (NYSE: HP) is committed to delivering industry leading levels of drilling productivity and reliability. H&P operates with the highest level of integrity, safety and innovation to deliver superior results for its customers and returns for shareholders.

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    Institutional Ownership by Quarter for Helmerich & Payne (NYSE:HP)

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  • Exxon Mobil Co. (NYSE:XOM) Position Boosted by Stratos Wealth Advisors LLC

    Exxon Mobil Co. (NYSE:XOM) Position Boosted by Stratos Wealth Advisors LLC

    Stratos Wealth Advisors LLC boosted its position in Exxon Mobil Co. (NYSE:XOM – Free Report) by 9.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 57,712 shares of the oil and gas company’s stock after buying an additional 5,043 shares during the period. Stratos Wealth Advisors LLC’s holdings in Exxon Mobil were worth $5,770,000 as of its most recent SEC filing.

    Several other institutional investors and hedge funds have also recently bought and sold shares of XOM. KB Financial Partners LLC acquired a new stake in Exxon Mobil during the first quarter worth about $27,000. IMA Wealth Inc. grew its holdings in shares of Exxon Mobil by 720.0% during the second quarter. IMA Wealth Inc. now owns 369 shares of the oil and gas company’s stock valued at $40,000 after purchasing an additional 324 shares during the last quarter. FWL Investment Management LLC acquired a new stake in shares of Exxon Mobil during the 4th quarter worth approximately $43,000. DHJJ Financial Advisors Ltd. bought a new stake in shares of Exxon Mobil in the 3rd quarter worth approximately $49,000. Finally, Studio Investment Management LLC acquired a new position in Exxon Mobil during the 4th quarter valued at approximately $49,000. Institutional investors and hedge funds own 61.80% of the company’s stock.

    Exxon Mobil Trading Down 0.7 %

    Shares of XOM stock opened at $120.55 on Tuesday. The company has a quick ratio of 1.09, a current ratio of 1.48 and a debt-to-equity ratio of 0.18. The stock has a 50-day simple moving average of $108.40 and a 200 day simple moving average of $106.00. Exxon Mobil Co. has a fifty-two week low of $95.77 and a fifty-two week high of $122.15. The stock has a market capitalization of $478.32 billion, a P/E ratio of 13.56, a P/E/G ratio of 4.31 and a beta of 0.96.

    Exxon Mobil (NYSE:XOM – Get Free Report) last announced its quarterly earnings data on Friday, February 2nd. The oil and gas company reported $2.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.20 by $0.28. Exxon Mobil had a net margin of 10.45% and a return on equity of 18.51%. The company had revenue of $84.34 billion for the quarter, compared to analysts’ expectations of $90.03 billion. During the same quarter in the previous year, the company posted $3.40 EPS. The business’s revenue was down 11.6% compared to the same quarter last year. On average, sell-side analysts expect that Exxon Mobil Co. will post 9.38 earnings per share for the current fiscal year.

    Exxon Mobil Dividend Announcement

    The business also recently disclosed a quarterly dividend, which was paid on Monday, March 11th. Stockholders of record on Wednesday, February 14th were given a dividend of $0.95 per share. The ex-dividend date was Tuesday, February 13th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.15%. Exxon Mobil’s dividend payout ratio (DPR) is presently 42.74%.

    Insider Transactions at Exxon Mobil

    In other news, VP Darrin L. Talley sold 2,400 shares of the business’s stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $105.00, for a total transaction of $252,000.00. Following the sale, the vice president now directly owns 30,189 shares of the company’s stock, valued at $3,169,845. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.04% of the company’s stock.

    Analysts Set New Price Targets

    Several equities research analysts have weighed in on XOM shares. Redburn Atlantic raised Exxon Mobil from a “neutral” rating to a “buy” rating and increased their target price for the stock from $116.00 to $119.00 in a research report on Tuesday, January 9th. TD Cowen lifted their price objective on shares of Exxon Mobil from $115.00 to $120.00 and gave the company a “buy” rating in a research report on Monday, April 1st. UBS Group reduced their target price on shares of Exxon Mobil from $133.00 to $132.00 and set a “buy” rating for the company in a research note on Tuesday, January 23rd. Erste Group Bank restated a “hold” rating on shares of Exxon Mobil in a research note on Friday, December 22nd. Finally, Truist Financial boosted their price objective on Exxon Mobil from $140.00 to $146.00 and gave the stock a “buy” rating in a research report on Friday. Nine investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $129.82.

    Get Our Latest Analysis on Exxon Mobil

    Exxon Mobil Profile

    (Free Report)

    Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.

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    Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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  • Wellington Management Group LLP Raises Stock Position in Pembina Pipeline Co. (NYSE:PBA)

    Wellington Management Group LLP Raises Stock Position in Pembina Pipeline Co. (NYSE:PBA)

    Wellington Management Group LLP raised its stake in Pembina Pipeline Co. (NYSE:PBA – Free Report) (TSE:PPL) by 2.6% in the third quarter, HoldingsChannel reports. The institutional investor owned 1,797,917 shares of the pipeline company’s stock after buying an additional 45,828 shares during the quarter. Wellington Management Group LLP’s holdings in Pembina Pipeline were worth $54,309,000 at the end of the most recent reporting period.

    Other hedge funds also recently added to or reduced their stakes in the company. Legal & General Group Plc increased its holdings in Pembina Pipeline by 3.8% in the third quarter. Legal & General Group Plc now owns 4,880,904 shares of the pipeline company’s stock valued at $147,430,000 after buying an additional 180,798 shares in the last quarter. Deutsche Bank AG increased its stake in shares of Pembina Pipeline by 1.0% during the 3rd quarter. Deutsche Bank AG now owns 13,391,140 shares of the pipeline company’s stock worth $402,538,000 after purchasing an additional 131,487 shares in the last quarter. Natixis Advisors L.P. increased its stake in shares of Pembina Pipeline by 6.4% during the 3rd quarter. Natixis Advisors L.P. now owns 20,672 shares of the pipeline company’s stock worth $621,000 after purchasing an additional 1,237 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Pembina Pipeline by 4.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,772,829 shares of the pipeline company’s stock worth $113,411,000 after purchasing an additional 147,222 shares in the last quarter. Finally, Trexquant Investment LP purchased a new position in shares of Pembina Pipeline during the 3rd quarter worth approximately $963,000. 53.86% of the stock is owned by hedge funds and other institutional investors.

    Wall Street Analysts Forecast Growth

    A number of research analysts have recently weighed in on PBA shares. TheStreet raised shares of Pembina Pipeline from a “c” rating to a “b-” rating in a research note on Thursday, February 29th. StockNews.com cut shares of Pembina Pipeline from a “buy” rating to a “hold” rating in a research note on Tuesday, March 12th. Two research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, Pembina Pipeline has an average rating of “Moderate Buy” and a consensus target price of $50.33.

    Read Our Latest Stock Analysis on Pembina Pipeline

    Pembina Pipeline Stock Up 0.3 %

    Shares of NYSE PBA opened at $35.01 on Wednesday. Pembina Pipeline Co. has a 1 year low of $28.15 and a 1 year high of $36.17. The firm’s 50 day moving average price is $34.42 and its 200 day moving average price is $32.81. The firm has a market cap of $19.24 billion, a P/E ratio of 15.84, a price-to-earnings-growth ratio of 5.15 and a beta of 1.20. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.71 and a current ratio of 0.82.

    Pembina Pipeline (NYSE:PBA – Get Free Report) (TSE:PPL) last announced its quarterly earnings results on Thursday, February 22nd. The pipeline company reported $0.89 earnings per share for the quarter, beating analysts’ consensus estimates of $0.55 by $0.34. Pembina Pipeline had a net margin of 19.43% and a return on equity of 13.11%. The company had revenue of $1.81 billion for the quarter, compared to analyst estimates of $1.83 billion. As a group, sell-side analysts anticipate that Pembina Pipeline Co. will post 2.27 earnings per share for the current year.

    Pembina Pipeline Increases Dividend

    The company also recently declared a quarterly dividend, which will be paid on Thursday, March 28th. Investors of record on Friday, March 15th will be paid a dividend of $0.4944 per share. This is an increase from Pembina Pipeline’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend is Thursday, March 14th. This represents a $1.98 annualized dividend and a yield of 5.65%. Pembina Pipeline’s payout ratio is 89.14%.

    About Pembina Pipeline

    (Free Report)

    Pembina Pipeline Corporation provides energy transportation and midstream services. It operates through three segments: Pipelines, Facilities, and Marketing & New Ventures. The Pipelines segment operates conventional, oil sands and heavy oil, and transmission assets with a transportation capacity of 2.8 millions of barrels of oil equivalent per day, the ground storage capacity of 11 millions of barrels, and rail terminalling capacity of approximately 105 thousands of barrels of oil equivalent per day serving markets and basins across North America.

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    Institutional Ownership by Quarter for Pembina Pipeline (NYSE:PBA)

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  • Antero Midstream Co. (NYSE:AM) Shares Acquired by Vanguard Personalized Indexing Management LLC

    Antero Midstream Co. (NYSE:AM) Shares Acquired by Vanguard Personalized Indexing Management LLC

    Vanguard Personalized Indexing Management LLC lifted its stake in Antero Midstream Co. (NYSE:AM – Free Report) by 4.9% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 37,360 shares of the pipeline company’s stock after purchasing an additional 1,741 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Antero Midstream were worth $448,000 at the end of the most recent quarter.

    A number of other hedge funds also recently added to or reduced their stakes in AM. Advisor Group Holdings Inc. lifted its holdings in Antero Midstream by 58.7% during the 1st quarter. Advisor Group Holdings Inc. now owns 33,613 shares of the pipeline company’s stock worth $365,000 after buying an additional 12,431 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its holdings in Antero Midstream by 11.8% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 99,908 shares of the pipeline company’s stock worth $1,086,000 after buying an additional 10,513 shares in the last quarter. HighTower Advisors LLC lifted its holdings in Antero Midstream by 21.4% during the 1st quarter. HighTower Advisors LLC now owns 76,529 shares of the pipeline company’s stock worth $829,000 after buying an additional 13,493 shares in the last quarter. Private Advisor Group LLC acquired a new stake in Antero Midstream during the 1st quarter worth approximately $239,000. Finally, Bank of Montreal Can lifted its holdings in Antero Midstream by 12.1% during the 1st quarter. Bank of Montreal Can now owns 171,400 shares of the pipeline company’s stock worth $1,889,000 after buying an additional 18,435 shares in the last quarter. 52.02% of the stock is currently owned by institutional investors and hedge funds.

    Antero Midstream Price Performance

    Shares of AM opened at $12.41 on Friday. Antero Midstream Co. has a twelve month low of $9.56 and a twelve month high of $13.46. The firm’s fifty day simple moving average is $12.33 and its 200-day simple moving average is $12.30. The firm has a market capitalization of $5.95 billion, a price-to-earnings ratio of 16.12 and a beta of 2.25. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 1.51.

    Antero Midstream (NYSE:AM – Get Free Report) last posted its earnings results on Thursday, February 15th. The pipeline company reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.21 by $0.03. The firm had revenue of $260.17 million for the quarter, compared to the consensus estimate of $261.04 million. Antero Midstream had a net margin of 35.69% and a return on equity of 19.94%. The company’s revenue was up 7.7% on a year-over-year basis. During the same period last year, the firm posted $0.20 EPS. Equities analysts forecast that Antero Midstream Co. will post 0.97 EPS for the current fiscal year.

    Antero Midstream Dividend Announcement

    The business also recently announced a quarterly dividend, which was paid on Wednesday, February 7th. Investors of record on Wednesday, January 24th were given a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 7.25%. The ex-dividend date was Tuesday, January 23rd. Antero Midstream’s dividend payout ratio (DPR) is 116.88%.

    Analyst Ratings Changes

    Separately, StockNews.com upgraded shares of Antero Midstream from a “hold” rating to a “buy” rating in a report on Thursday, February 1st. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, Antero Midstream has a consensus rating of “Hold” and an average target price of $12.63.

    View Our Latest Research Report on AM

    About Antero Midstream

    (Free Report)

    Antero Midstream Corporation owns, operates, and develops midstream energy infrastructure in the Appalachian Basin. It operates through Gathering and Processing, and Water Handling segments. The Gathering and Processing segment includes a network of gathering pipelines and compressor stations that collects and processes production from Antero Resources’ wells in West Virginia and Ohio.

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    Institutional Ownership by Quarter for Antero Midstream (NYSE:AM)

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  • Massachusetts Financial Services Co. MA Purchases 21,977 Shares of Viper Energy, Inc. (NASDAQ:VNOM)

    Massachusetts Financial Services Co. MA Purchases 21,977 Shares of Viper Energy, Inc. (NASDAQ:VNOM)


    Massachusetts Financial Services Co. MA lifted its position in shares of Viper Energy, Inc. (NASDAQ:VNOM – Free Report) by 1.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,827,514 shares of the oil and gas producer’s stock after buying an additional 21,977 shares during the quarter. Massachusetts Financial Services Co. MA owned approximately 1.13% of Viper Energy worth $50,951,000 at the end of the most recent quarter.

    Other institutional investors have also recently made changes to their positions in the company. Capital World Investors grew its holdings in Viper Energy by 224.2% during the 2nd quarter. Capital World Investors now owns 4,717,364 shares of the oil and gas producer’s stock worth $126,567,000 after acquiring an additional 3,262,364 shares in the last quarter. ArrowMark Colorado Holdings LLC boosted its stake in shares of Viper Energy by 47.2% during the second quarter. ArrowMark Colorado Holdings LLC now owns 2,446,218 shares of the oil and gas producer’s stock valued at $65,632,000 after purchasing an additional 784,335 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in Viper Energy by 5.1% during the second quarter. Bank of New York Mellon Corp now owns 1,536,914 shares of the oil and gas producer’s stock valued at $41,235,000 after buying an additional 74,252 shares during the period. Morgan Stanley raised its stake in Viper Energy by 2.5% in the fourth quarter. Morgan Stanley now owns 1,418,230 shares of the oil and gas producer’s stock worth $45,086,000 after buying an additional 34,625 shares in the last quarter. Finally, Epoch Investment Partners Inc. raised its stake in Viper Energy by 8.3% in the second quarter. Epoch Investment Partners Inc. now owns 1,265,311 shares of the oil and gas producer’s stock worth $33,948,000 after buying an additional 96,712 shares in the last quarter. Hedge funds and other institutional investors own 37.34% of the company’s stock.

    Viper Energy Price Performance

    Shares of NASDAQ VNOM opened at $31.72 on Friday. Viper Energy, Inc. has a fifty-two week low of $24.48 and a fifty-two week high of $32.47. The company has a debt-to-equity ratio of 0.28, a quick ratio of 5.52 and a current ratio of 5.52. The company has a market cap of $5.64 billion, a PE ratio of 13.85 and a beta of 1.77. The business has a 50-day simple moving average of $31.04 and a two-hundred day simple moving average of $29.43.

    Viper Energy (NASDAQ:VNOM – Get Free Report) last released its earnings results on Monday, November 6th. The oil and gas producer reported $1.10 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.64. The company had revenue of $293.20 million for the quarter, compared to the consensus estimate of $199.43 million. Viper Energy had a net margin of 19.94% and a return on equity of 7.35%. Viper Energy’s revenue was up 32.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.98 EPS. As a group, equities analysts expect that Viper Energy, Inc. will post 2.62 EPS for the current fiscal year.

    Insider Transactions at Viper Energy

    In other Viper Energy news, major shareholder Royalty & Mineral Mast Warwick sold 9,018,760 shares of the business’s stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $28.70, for a total transaction of $258,838,412.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.30% of the company’s stock.

    Analysts Set New Price Targets

    A number of research analysts have recently issued reports on the company. Piper Sandler cut their price target on Viper Energy from $37.00 to $36.00 and set an “overweight” rating on the stock in a report on Wednesday, January 24th. StockNews.com lowered Viper Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, January 9th. Raymond James decreased their price target on shares of Viper Energy from $38.00 to $37.00 and set an “outperform” rating for the company in a research report on Wednesday, January 24th. Finally, Evercore ISI reaffirmed an “outperform” rating and issued a $37.00 price objective on shares of Viper Energy in a research report on Thursday, December 7th. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, Viper Energy presently has an average rating of “Moderate Buy” and an average target price of $37.58.

    View Our Latest Stock Report on Viper Energy

    Viper Energy Company Profile

    (Free Report)

    Viper Energy, Inc owns, acquires, and exploits oil and natural gas properties in North America. It owns and acquires mineral and royalty interests in oil and natural gas properties primarily in the Permian Basin. Viper Energy Partners GP LLC operates as the general partner of the company. The company was formerly known as Viper Energy Partners LP and changed its name to Viper Energy, Inc in November 2023.

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    Institutional Ownership by Quarter for Viper Energy (NASDAQ:VNOM)

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  • Girard Partners LTD. Acquires 2,968 Shares of Chevron Co. (NYSE:CVX)

    Girard Partners LTD. Acquires 2,968 Shares of Chevron Co. (NYSE:CVX)

    Girard Partners LTD. grew its stake in Chevron Co. (NYSE:CVX – Free Report) by 42.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,953 shares of the oil and gas company’s stock after buying an additional 2,968 shares during the quarter. Girard Partners LTD.’s holdings in Chevron were worth $1,678,000 as of its most recent SEC filing.

    Several other institutional investors have also recently made changes to their positions in CVX. NorthCrest Asset Manangement LLC lifted its stake in shares of Chevron by 247.8% in the 2nd quarter. NorthCrest Asset Manangement LLC now owns 3,400 shares of the oil and gas company’s stock valued at $25,000 after purchasing an additional 5,700 shares during the last quarter. DHJJ Financial Advisors Ltd. purchased a new position in shares of Chevron in the 3rd quarter valued at $35,000. Worth Asset Management LLC purchased a new position in shares of Chevron in the 1st quarter valued at $36,000. Legacy Financial Group LLC purchased a new position in Chevron during the 3rd quarter worth $43,000. Finally, Mizuho Securities Co. Ltd. purchased a new position in Chevron during the 2nd quarter worth $50,000. Hedge funds and other institutional investors own 68.87% of the company’s stock.

    Wall Street Analyst Weigh In

    CVX has been the subject of several analyst reports. Morgan Stanley decreased their price objective on Chevron from $203.00 to $201.00 and set an “equal weight” rating for the company in a report on Tuesday, October 17th. UBS Group reduced their price target on Chevron from $194.00 to $185.00 and set a “buy” rating for the company in a report on Thursday, December 14th. Jefferies Financial Group raised Chevron from a “hold” rating to a “buy” rating and set a $184.00 price target for the company in a report on Monday, January 8th. Sanford C. Bernstein raised Chevron from a “market perform” rating to an “outperform” rating and reduced their price target for the stock from $184.00 to $182.00 in a report on Thursday, November 2nd. Finally, Scotiabank cut Chevron from a “sector outperform” rating to a “sector perform” rating and set a $170.00 price target for the company. in a report on Tuesday, January 16th. Six equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $181.53.

    Read Our Latest Analysis on Chevron

    Chevron Trading Up 0.2 %

    Shares of NYSE:CVX opened at $142.49 on Tuesday. The stock has a market capitalization of $268.99 billion, a price-to-earnings ratio of 10.58, a PEG ratio of 0.72 and a beta of 1.12. Chevron Co. has a 1-year low of $139.62 and a 1-year high of $187.81. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.97 and a current ratio of 1.25. The company has a 50 day moving average price of $146.43 and a 200 day moving average price of $155.23.

    Chevron (NYSE:CVX – Get Free Report) last posted its quarterly earnings data on Friday, October 27th. The oil and gas company reported $3.05 EPS for the quarter, missing analysts’ consensus estimates of $3.70 by ($0.65). Chevron had a return on equity of 16.15% and a net margin of 12.11%. The firm had revenue of $54.08 billion during the quarter, compared to analyst estimates of $51.41 billion. During the same period in the prior year, the business posted $5.56 EPS. The company’s revenue for the quarter was down 18.9% on a year-over-year basis. On average, research analysts anticipate that Chevron Co. will post 12.99 EPS for the current fiscal year.

    Chevron Announces Dividend

    The business also recently announced a quarterly dividend, which was paid on Monday, December 11th. Shareholders of record on Friday, November 17th were given a $1.51 dividend. The ex-dividend date of this dividend was Thursday, November 16th. This represents a $6.04 dividend on an annualized basis and a yield of 4.24%. Chevron’s payout ratio is 44.84%.

    About Chevron

    (Free Report)

    Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and processing, transportation, storage, and marketing of natural gas, as well as a gas-to-liquids plant.

    Read More

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    Institutional Ownership by Quarter for Chevron (NYSE:CVX)

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  • Bokf Na Sells 11,823 Shares of EOG Resources, Inc. (NYSE:EOG)

    Bokf Na Sells 11,823 Shares of EOG Resources, Inc. (NYSE:EOG)

    Bokf Na trimmed its position in shares of EOG Resources, Inc. (NYSE:EOG – Free Report) by 24.4% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 36,603 shares of the energy exploration company’s stock after selling 11,823 shares during the quarter. Bokf Na’s holdings in EOG Resources were worth $4,189,000 at the end of the most recent quarter.

    Other institutional investors have also recently made changes to their positions in the company. VitalStone Financial LLC lifted its position in EOG Resources by 12,998.0% during the second quarter. VitalStone Financial LLC now owns 13,229 shares of the energy exploration company’s stock valued at $1,515,000 after buying an additional 13,128 shares during the period. Osaic Holdings Inc. lifted its position in EOG Resources by 18.8% during the 2nd quarter. Osaic Holdings Inc. now owns 259,510 shares of the energy exploration company’s stock valued at $29,731,000 after acquiring an additional 41,099 shares during the period. Orion Portfolio Solutions LLC lifted its position in EOG Resources by 80.2% during the 2nd quarter. Orion Portfolio Solutions LLC now owns 28,706 shares of the energy exploration company’s stock valued at $3,285,000 after acquiring an additional 12,774 shares during the period. Imprint Wealth LLC purchased a new position in EOG Resources during the 2nd quarter valued at about $1,087,000. Finally, Wambolt & Associates LLC lifted its position in EOG Resources by 5.9% during the 2nd quarter. Wambolt & Associates LLC now owns 4,180 shares of the energy exploration company’s stock valued at $478,000 after acquiring an additional 233 shares during the period. Institutional investors own 89.21% of the company’s stock.

    Wall Street Analysts Forecast Growth

    A number of research analysts recently issued reports on the stock. Mizuho lowered their price target on shares of EOG Resources from $158.00 to $150.00 and set a “buy” rating for the company in a research report on Wednesday, November 15th. JPMorgan Chase & Co. cut shares of EOG Resources from an “overweight” rating to a “neutral” rating and lowered their price target for the company from $156.00 to $150.00 in a research report on Wednesday, December 6th. Stifel Nicolaus lifted their target price on shares of EOG Resources from $161.00 to $165.00 and gave the stock a “buy” rating in a report on Thursday, November 30th. Morgan Stanley cut shares of EOG Resources from an “overweight” rating to an “equal weight” rating and set a $134.00 target price for the company. in a report on Monday. Finally, Citigroup cut shares of EOG Resources from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $144.00 to $135.00 in a report on Monday, October 23rd. Nine equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $145.14.

    Get Our Latest Report on EOG Resources

    EOG Resources Trading Up 1.8 %

    Shares of NYSE:EOG opened at $120.60 on Friday. The stock has a market capitalization of $70.33 billion, a price-to-earnings ratio of 8.96, a PEG ratio of 0.34 and a beta of 1.44. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.10 and a current ratio of 2.43. The stock’s 50-day simple moving average is $125.21 and its two-hundred day simple moving average is $123.59. EOG Resources, Inc. has a 52-week low of $98.52 and a 52-week high of $137.95.

    EOG Resources (NYSE:EOG – Get Free Report) last announced its quarterly earnings data on Thursday, November 2nd. The energy exploration company reported $3.44 EPS for the quarter, beating the consensus estimate of $2.95 by $0.49. EOG Resources had a net margin of 32.11% and a return on equity of 26.80%. The firm had revenue of $6.21 billion for the quarter, compared to the consensus estimate of $5.91 billion. Analysts expect that EOG Resources, Inc. will post 12.09 EPS for the current year.

    EOG Resources Increases Dividend

    The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 31st. Investors of record on Wednesday, January 17th will be given a dividend of $0.91 per share. This is a positive change from EOG Resources’s previous quarterly dividend of $0.83. The ex-dividend date of this dividend is Tuesday, January 16th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 3.02%. EOG Resources’s dividend payout ratio is currently 24.52%.

    EOG Resources Profile

    (Free Report)

    EOG Resources, Inc, together with its subsidiaries, explores for, develops, produces, and markets crude oil, and natural gas and natural gas liquids. Its principal producing areas are in New Mexico and Texas in the United States; and the Republic of Trinidad and Tobago. The company was formerly known as Enron Oil & Gas Company.

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    Institutional Ownership by Quarter for EOG Resources (NYSE:EOG)

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  • Lee M. Tillman Sells 159,722 Shares of Marathon Oil Co. (NYSE:MRO) Stock

    Lee M. Tillman Sells 159,722 Shares of Marathon Oil Co. (NYSE:MRO) Stock

    Marathon Oil Co. (NYSE:MRO – Get Free Report) CEO Lee M. Tillman sold 159,722 shares of the stock in a transaction on Friday, September 15th. The shares were sold at an average price of $27.36, for a total transaction of $4,369,993.92. Following the transaction, the chief executive officer now owns 710,383 shares in the company, valued at $19,436,078.88. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

    Marathon Oil Stock Down 2.2 %

    MRO opened at $26.15 on Thursday. The stock’s 50 day moving average price is $26.10 and its 200 day moving average price is $24.41. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.80 and a quick ratio of 0.74. The stock has a market cap of $15.84 billion, a P/E ratio of 8.25, a P/E/G ratio of 0.54 and a beta of 2.37. Marathon Oil Co. has a 12 month low of $20.57 and a 12 month high of $33.42.

    Marathon Oil (NYSE:MRO – Get Free Report) last issued its quarterly earnings results on Wednesday, August 2nd. The oil and gas producer reported $0.48 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.05. The company had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.51 billion. Marathon Oil had a return on equity of 18.67% and a net margin of 28.52%. The company’s quarterly revenue was down 34.3% compared to the same quarter last year. During the same period last year, the company earned $1.32 earnings per share. As a group, research analysts predict that Marathon Oil Co. will post 2.51 earnings per share for the current year.

    Marathon Oil Announces Dividend

    The business also recently declared a quarterly dividend, which was paid on Monday, September 11th. Stockholders of record on Wednesday, August 16th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.53%. The ex-dividend date was Tuesday, August 15th. Marathon Oil’s dividend payout ratio is currently 12.62%.

    Institutional Inflows and Outflows

    Hedge funds have recently made changes to their positions in the stock. ICA Group Wealth Management LLC boosted its stake in Marathon Oil by 92.6% during the 1st quarter. ICA Group Wealth Management LLC now owns 1,086 shares of the oil and gas producer’s stock valued at $26,000 after purchasing an additional 522 shares in the last quarter. Manchester Capital Management LLC acquired a new stake in shares of Marathon Oil in the first quarter valued at $28,000. V Square Quantitative Management LLC bought a new position in Marathon Oil during the second quarter valued at about $31,000. KB Financial Partners LLC acquired a new position in Marathon Oil during the first quarter worth about $31,000. Finally, First Capital Advisors Group LLC. bought a new stake in Marathon Oil in the second quarter worth about $31,000. Institutional investors and hedge funds own 76.62% of the company’s stock.

    Analyst Ratings Changes

    A number of equities analysts recently commented on MRO shares. Susquehanna decreased their price target on Marathon Oil from $32.00 to $30.00 and set a “positive” rating for the company in a research note on Friday, July 21st. Benchmark decreased their target price on Marathon Oil from $32.00 to $28.00 and set a “buy” rating for the company in a research report on Friday, July 14th. Truist Financial dropped their price target on Marathon Oil from $39.00 to $35.00 in a research report on Monday, July 24th. Wells Fargo & Company decreased their price objective on shares of Marathon Oil from $37.00 to $35.00 and set an “overweight” rating for the company in a report on Tuesday, July 18th. Finally, UBS Group increased their target price on shares of Marathon Oil from $29.00 to $35.00 and gave the stock a “buy” rating in a report on Thursday, August 17th. Five investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Marathon Oil has an average rating of “Moderate Buy” and a consensus price target of $32.44.

    Read Our Latest Analysis on Marathon Oil

    Marathon Oil Company Profile

    (Get Free Report)

    Marathon Oil Corporation operates as an independent exploration and production company in the United States and internationally. The company engages in the exploration, production, and marketing of crude oil and condensate, natural gas liquids, and natural gas; and the production and marketing of products manufactured from natural gas, such as liquefied natural gas and methanol.

    See Also

    Insider Buying and Selling by Quarter for Marathon Oil (NYSE:MRO)

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  • Prelude Capital Management LLC Has $273,000 Stock Holdings in EQT Co. (NYSE:EQT)

    Prelude Capital Management LLC Has $273,000 Stock Holdings in EQT Co. (NYSE:EQT)

    Prelude Capital Management LLC decreased its position in shares of EQT Co. (NYSE:EQT – Free Report) by 78.5% during the 1st quarter, HoldingsChannel.com reports. The fund owned 8,570 shares of the oil and gas producer’s stock after selling 31,320 shares during the period. Prelude Capital Management LLC’s holdings in EQT were worth $273,000 at the end of the most recent reporting period.

    Other large investors have also made changes to their positions in the company. Ahrens Investment Partners LLC acquired a new stake in shares of EQT during the 1st quarter worth approximately $29,000. City Holding Co. bought a new position in EQT in the 1st quarter valued at approximately $32,000. Zullo Investment Group Inc. lifted its stake in EQT by 258.6% in the 4th quarter. Zullo Investment Group Inc. now owns 1,040 shares of the oil and gas producer’s stock valued at $35,000 after purchasing an additional 750 shares during the last quarter. Belpointe Asset Management LLC lifted its stake in EQT by 270.0% in the 1st quarter. Belpointe Asset Management LLC now owns 1,258 shares of the oil and gas producer’s stock valued at $40,000 after purchasing an additional 918 shares during the last quarter. Finally, Clearstead Advisors LLC bought a new position in EQT in the 3rd quarter valued at approximately $41,000. Institutional investors and hedge funds own 99.44% of the company’s stock.

    EQT Trading Down 0.8 %

    EQT opened at $41.19 on Tuesday. EQT Co. has a twelve month low of $28.10 and a twelve month high of $48.07. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.35. The company has a fifty day moving average of $41.90 and a 200-day moving average of $37.23. The stock has a market cap of $14.90 billion, a PE ratio of 4.63, a price-to-earnings-growth ratio of 1.10 and a beta of 1.22.

    EQT (NYSE:EQT – Get Free Report) last posted its quarterly earnings results on Tuesday, July 25th. The oil and gas producer reported ($0.17) EPS for the quarter, topping analysts’ consensus estimates of ($0.26) by $0.09. The business had revenue of $993.08 million during the quarter, compared to analysts’ expectations of $1.01 billion. EQT had a net margin of 38.44% and a return on equity of 10.61%. The business’s quarterly revenue was down 38.4% on a year-over-year basis. During the same period last year, the company posted $0.83 earnings per share. On average, sell-side analysts predict that EQT Co. will post 2.01 EPS for the current year.

    EQT Announces Dividend

    The business also recently declared a quarterly dividend, which was paid on Friday, September 1st. Shareholders of record on Wednesday, August 9th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.46%. The ex-dividend date of this dividend was Tuesday, August 8th. EQT’s payout ratio is 6.75%.

    Analysts Set New Price Targets

    Several equities analysts recently commented on the stock. Truist Financial increased their price objective on shares of EQT from $35.00 to $39.00 and gave the company a “hold” rating in a research note on Monday, September 11th. Wells Fargo & Company increased their price objective on shares of EQT from $49.00 to $50.00 and gave the company an “overweight” rating in a research note on Friday, September 1st. Tudor Pickering raised shares of EQT from a “hold” rating to a “buy” rating in a research note on Tuesday, June 20th. UBS Group dropped their price target on shares of EQT from $51.00 to $50.00 and set a “neutral” rating for the company in a research note on Thursday, August 31st. Finally, Morgan Stanley raised their price target on shares of EQT from $36.00 to $37.00 and gave the company an “overweight” rating in a research note on Friday, August 18th. Seven investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $49.71.

    View Our Latest Analysis on EQT

    Insiders Place Their Bets

    In other EQT news, major shareholder S Wil Vanloh, Jr. sold 20,000,000 shares of the firm’s stock in a transaction on Thursday, September 14th. The shares were sold at an average price of $41.40, for a total value of $828,000,000.00. Following the completion of the sale, the insider now directly owns 23,946,108 shares in the company, valued at $991,368,871.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.53% of the company’s stock.

    EQT Company Profile

    (Free Report)

    EQT Corporation operates as a natural gas production company in the United States. As of December 31, 2022, it had 25.0 trillion cubic feet of proved natural gas, natural gas liquids, and crude oil reserves across approximately 2.0 million gross acres, including 1.8 million gross acres in the Marcellus play.

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    Institutional Ownership by Quarter for EQT (NYSE:EQT)

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  • Marathon Oil Co. (NYSE:MRO) Position Increased by Envestnet Asset Management Inc.

    Marathon Oil Co. (NYSE:MRO) Position Increased by Envestnet Asset Management Inc.

    Envestnet Asset Management Inc. increased its stake in Marathon Oil Co. (NYSE:MRO – Free Report) by 32.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 983,870 shares of the oil and gas producer’s stock after purchasing an additional 242,087 shares during the period. Envestnet Asset Management Inc. owned 0.16% of Marathon Oil worth $13,436,000 at the end of the most recent reporting period.

    Other hedge funds have also made changes to their positions in the company. Phoenix Holdings Ltd. bought a new stake in shares of Marathon Oil in the 4th quarter worth approximately $1,464,000. Geneos Wealth Management Inc. raised its stake in Marathon Oil by 60.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 7,689 shares of the oil and gas producer’s stock valued at $184,000 after acquiring an additional 2,882 shares in the last quarter. Mather Group LLC. raised its stake in Marathon Oil by 1.9% during the 4th quarter. Mather Group LLC. now owns 59,687 shares of the oil and gas producer’s stock valued at $1,616,000 after acquiring an additional 1,118 shares in the last quarter. Sage Mountain Advisors LLC bought a new stake in Marathon Oil during the 1st quarter valued at $201,000. Finally, ING Groep NV raised its stake in Marathon Oil by 58.4% during the 1st quarter. ING Groep NV now owns 171,055 shares of the oil and gas producer’s stock valued at $4,098,000 after acquiring an additional 63,078 shares in the last quarter. Institutional investors own 76.62% of the company’s stock.

    Insider Buying and Selling

    In other news, insider Patrick Wagner sold 34,756 shares of the company’s stock in a transaction that occurred on Monday, August 28th. The stock was sold at an average price of $25.88, for a total value of $899,485.28. Following the sale, the insider now directly owns 167,533 shares in the company, valued at approximately $4,335,754.04. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In other Marathon Oil news, CAO Rob L. White sold 8,000 shares of Marathon Oil stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $26.24, for a total transaction of $209,920.00. Following the transaction, the chief accounting officer now directly owns 32,009 shares in the company, valued at $839,916.16. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Patrick Wagner sold 34,756 shares of the business’s stock in a transaction dated Monday, August 28th. The shares were sold at an average price of $25.88, for a total value of $899,485.28. Following the completion of the sale, the insider now owns 167,533 shares in the company, valued at $4,335,754.04. The disclosure for this sale can be found here. In the last 90 days, insiders sold 92,756 shares of company stock valued at $2,397,405. Insiders own 0.42% of the company’s stock.

    Analysts Set New Price Targets

    Several brokerages have weighed in on MRO. StockNews.com began coverage on Marathon Oil in a research note on Thursday, August 17th. They set a “hold” rating on the stock. Morgan Stanley cut their target price on Marathon Oil from $27.00 to $26.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 18th. The Goldman Sachs Group raised Marathon Oil from a “sell” rating to a “neutral” rating and set a $25.00 price objective on the stock in a research note on Wednesday, July 12th. Mizuho boosted their price objective on Marathon Oil from $28.00 to $30.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 16th. Finally, Susquehanna dropped their price objective on Marathon Oil from $32.00 to $30.00 and set a “positive” rating on the stock in a research note on Friday, July 21st. Five research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $31.94.

    Get Our Latest Report on Marathon Oil

    Marathon Oil Stock Performance

    Shares of NYSE MRO opened at $27.11 on Monday. The business’s 50-day moving average price is $25.13 and its two-hundred day moving average price is $24.30. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.80 and a quick ratio of 0.74. Marathon Oil Co. has a one year low of $20.57 and a one year high of $33.42. The company has a market capitalization of $16.42 billion, a P/E ratio of 8.55, a price-to-earnings-growth ratio of 0.57 and a beta of 2.37.

    Marathon Oil (NYSE:MRO – Get Free Report) last announced its quarterly earnings results on Wednesday, August 2nd. The oil and gas producer reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.43 by $0.05. Marathon Oil had a return on equity of 18.67% and a net margin of 28.52%. The company had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.51 billion. During the same quarter in the previous year, the firm earned $1.32 earnings per share. The business’s quarterly revenue was down 34.3% compared to the same quarter last year. Analysts anticipate that Marathon Oil Co. will post 2.43 earnings per share for the current fiscal year.

    Marathon Oil Dividend Announcement

    The business also recently declared a quarterly dividend, which will be paid on Monday, September 11th. Shareholders of record on Wednesday, August 16th will be given a $0.10 dividend. The ex-dividend date of this dividend is Tuesday, August 15th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.48%. Marathon Oil’s dividend payout ratio is currently 12.62%.

    Marathon Oil Company Profile

    (Free Report)

    Marathon Oil Corporation operates as an independent exploration and production company in the United States and internationally. The company engages in the exploration, production, and marketing of crude oil and condensate, natural gas liquids, and natural gas; and the production and marketing of products manufactured from natural gas, such as liquefied natural gas and methanol.

    Further Reading

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    Institutional Ownership by Quarter for Marathon Oil (NYSE:MRO)

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  • Aaron Wealth Advisors LLC Acquires 812 Shares of Chevron Co. (NYSE:CVX)

    Aaron Wealth Advisors LLC Acquires 812 Shares of Chevron Co. (NYSE:CVX)

    Aaron Wealth Advisors LLC boosted its holdings in Chevron Co. (NYSE:CVX – Free Report) by 23.2% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,313 shares of the oil and gas company’s stock after purchasing an additional 812 shares during the quarter. Aaron Wealth Advisors LLC’s holdings in Chevron were worth $704,000 as of its most recent SEC filing.

    Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Cantor Fitzgerald Investment Advisor L.P raised its holdings in shares of Chevron by 85.1% during the 1st quarter. Cantor Fitzgerald Investment Advisor L.P now owns 159,115 shares of the oil and gas company’s stock worth $25,908,000 after acquiring an additional 73,141 shares in the last quarter. Axiom Financial Strategies LLC raised its holdings in shares of Chevron by 25.2% during the 1st quarter. Axiom Financial Strategies LLC now owns 7,335 shares of the oil and gas company’s stock worth $1,155,000 after acquiring an additional 1,476 shares in the last quarter. GQG Partners LLC raised its holdings in shares of Chevron by 4.7% during the 1st quarter. GQG Partners LLC now owns 40,538 shares of the oil and gas company’s stock worth $6,598,000 after acquiring an additional 1,813 shares in the last quarter. Lumature Wealth Partners LLC raised its holdings in shares of Chevron by 43.5% during the 1st quarter. Lumature Wealth Partners LLC now owns 5,837 shares of the oil and gas company’s stock worth $950,000 after acquiring an additional 1,770 shares in the last quarter. Finally, First Trust Advisors LP raised its holdings in shares of Chevron by 13.8% during the 1st quarter. First Trust Advisors LP now owns 2,068,600 shares of the oil and gas company’s stock worth $336,830,000 after acquiring an additional 250,840 shares in the last quarter. 69.65% of the stock is currently owned by institutional investors.

    Analyst Upgrades and Downgrades

    Several research firms recently weighed in on CVX. StockNews.com began coverage on Chevron in a report on Thursday, May 18th. They set a “hold” rating on the stock. BNP Paribas upgraded Chevron from an “underperform” rating to a “neutral” rating and set a $200.00 price target on the stock in a report on Tuesday, April 4th. Citigroup decreased their price target on Chevron from $180.00 to $170.00 in a report on Tuesday, July 11th. Truist Financial decreased their price target on Chevron from $194.00 to $163.00 in a report on Monday. Finally, JPMorgan Chase & Co. upgraded Chevron from an “underweight” rating to a “neutral” rating and increased their target price for the stock from $161.00 to $170.00 in a research note on Wednesday, May 31st. Eight analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. According to MarketBeat, Chevron presently has a consensus rating of “Moderate Buy” and a consensus target price of $190.16.

    Chevron Price Performance

    CVX opened at $161.77 on Tuesday. Chevron Co. has a 12-month low of $140.46 and a 12-month high of $189.68. The company has a current ratio of 1.43, a quick ratio of 1.16 and a debt-to-equity ratio of 0.13. The business’s fifty day simple moving average is $155.68 and its 200-day simple moving average is $162.91. The company has a market capitalization of $306.50 billion, a price-to-earnings ratio of 8.73, a PEG ratio of 0.84 and a beta of 1.16.

    Chevron (NYSE:CVX – Get Free Report) last issued its quarterly earnings data on Friday, April 28th. The oil and gas company reported $3.55 earnings per share for the quarter, beating analysts’ consensus estimates of $3.41 by $0.14. Chevron had a return on equity of 23.15% and a net margin of 14.74%. The company had revenue of $50.79 billion for the quarter, compared to the consensus estimate of $49.49 billion. During the same quarter last year, the company earned $3.36 earnings per share. The firm’s revenue for the quarter was down 6.6% compared to the same quarter last year. On average, equities research analysts anticipate that Chevron Co. will post 13.28 earnings per share for the current fiscal year.

    Chevron Announces Dividend

    The business also recently disclosed a quarterly dividend, which was paid on Monday, June 12th. Investors of record on Friday, May 19th were given a dividend of $1.51 per share. This represents a $6.04 dividend on an annualized basis and a yield of 3.73%. The ex-dividend date of this dividend was Thursday, May 18th. Chevron’s payout ratio is currently 32.61%.

    Chevron Company Profile

    (Free Report)

    Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and processing, transportation, storage, and marketing of natural gas, as well as a gas-to-liquids plant.

    Further Reading

    Institutional Ownership by Quarter for Chevron (NYSE:CVX)

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  • Korea Investment CORP Raises Stake in Diamondback Energy, Inc. (NASDAQ:FANG)

    Korea Investment CORP Raises Stake in Diamondback Energy, Inc. (NASDAQ:FANG)

    Korea Investment CORP grew its stake in shares of Diamondback Energy, Inc. (NASDAQ:FANG – Get Rating) by 239.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 116,108 shares of the oil and natural gas company’s stock after purchasing an additional 81,926 shares during the period. Korea Investment CORP owned approximately 0.06% of Diamondback Energy worth $15,881,000 at the end of the most recent reporting period.

    Other institutional investors also recently made changes to their positions in the company. Fragasso Group Inc. purchased a new stake in shares of Diamondback Energy in the 4th quarter worth about $223,000. B. Riley Wealth Advisors Inc. boosted its position in shares of Diamondback Energy by 18.3% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 7,189 shares of the oil and natural gas company’s stock worth $867,000 after buying an additional 1,112 shares in the last quarter. Patriot Financial Group Insurance Agency LLC purchased a new stake in shares of Diamondback Energy in the 4th quarter worth about $212,000. Disciplined Investments LLC lifted its holdings in Diamondback Energy by 1,296.3% in the 4th quarter. Disciplined Investments LLC now owns 377 shares of the oil and natural gas company’s stock valued at $52,000 after purchasing an additional 350 shares in the last quarter. Finally, Parallel Advisors LLC lifted its holdings in Diamondback Energy by 43.9% in the 4th quarter. Parallel Advisors LLC now owns 7,827 shares of the oil and natural gas company’s stock valued at $1,071,000 after purchasing an additional 2,387 shares in the last quarter. 89.76% of the stock is currently owned by hedge funds and other institutional investors.

    Diamondback Energy Stock Performance

    Diamondback Energy stock opened at $127.15 on Thursday. The stock has a market cap of $23.03 billion, a P/E ratio of 5.27, a price-to-earnings-growth ratio of 0.31 and a beta of 2.03. The company has a current ratio of 0.62, a quick ratio of 0.58 and a debt-to-equity ratio of 0.43. The stock has a 50 day moving average of $135.41 and a 200-day moving average of $139.27. Diamondback Energy, Inc. has a 52 week low of $103.71 and a 52 week high of $168.95.

    Diamondback Energy (NASDAQ:FANG – Get Rating) last announced its quarterly earnings data on Monday, May 1st. The oil and natural gas company reported $4.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.33 by ($0.23). Diamondback Energy had a return on equity of 27.02% and a net margin of 47.15%. The firm had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.92 billion. During the same quarter last year, the business earned $5.20 earnings per share. The business’s revenue for the quarter was down 20.1% compared to the same quarter last year. On average, analysts expect that Diamondback Energy, Inc. will post 18.85 EPS for the current fiscal year.

    Diamondback Energy Cuts Dividend

    The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 18th. Investors of record on Thursday, May 11th were paid a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 2.52%. The ex-dividend date of this dividend was Wednesday, May 10th. Diamondback Energy’s dividend payout ratio (DPR) is presently 13.25%.

    Wall Street Analyst Weigh In

    FANG has been the topic of a number of recent research reports. StockNews.com initiated coverage on shares of Diamondback Energy in a report on Thursday, May 18th. They issued a “hold” rating on the stock. UBS Group initiated coverage on shares of Diamondback Energy in a report on Wednesday, April 19th. They issued a “buy” rating and a $177.00 target price on the stock. Raymond James upped their target price on shares of Diamondback Energy from $165.00 to $190.00 and gave the company a “strong-buy” rating in a report on Friday, April 21st. Truist Financial reduced their target price on shares of Diamondback Energy from $200.00 to $186.00 and set a “buy” rating on the stock in a report on Tuesday, April 11th. Finally, Stifel Nicolaus dropped their price objective on shares of Diamondback Energy from $180.00 to $176.00 in a research note on Monday, May 22nd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $178.00.

    Diamondback Energy Company Profile

    (Get Rating)

    Diamondback Energy, Inc is an independent oil and natural gas company, which engages in the acquisition, development, exploration, and exploitation of unconventional, onshore oil, and natural gas reserves. It operates through the Upstream and Midstream Services segments. The Upstream segment focuses on the Permian Basin operations in West Texas.

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    Institutional Ownership by Quarter for Diamondback Energy (NASDAQ:FANG)

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  • Puzo Michael J Trims Holdings in Exxon Mobil Co. (NYSE:XOM)

    Puzo Michael J Trims Holdings in Exxon Mobil Co. (NYSE:XOM)

    Puzo Michael J reduced its holdings in shares of Exxon Mobil Co. (NYSE:XOM – Get Rating) by 3.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 39,395 shares of the oil and gas company’s stock after selling 1,315 shares during the quarter. Exxon Mobil accounts for about 1.6% of Puzo Michael J’s investment portfolio, making the stock its 27th largest holding. Puzo Michael J’s holdings in Exxon Mobil were worth $4,345,000 as of its most recent filing with the Securities and Exchange Commission.

    Several other institutional investors and hedge funds also recently made changes to their positions in the business. OLD Second National Bank of Aurora raised its position in shares of Exxon Mobil by 12.1% during the 4th quarter. OLD Second National Bank of Aurora now owns 4,200 shares of the oil and gas company’s stock valued at $463,000 after acquiring an additional 452 shares in the last quarter. Jennison Associates LLC raised its position in shares of Exxon Mobil by 70.4% during the 4th quarter. Jennison Associates LLC now owns 315,716 shares of the oil and gas company’s stock valued at $34,823,000 after acquiring an additional 130,439 shares in the last quarter. Knuff & Co LLC raised its position in shares of Exxon Mobil by 156.8% during the 4th quarter. Knuff & Co LLC now owns 71,605 shares of the oil and gas company’s stock valued at $7,898,000 after acquiring an additional 43,718 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Exxon Mobil by 2.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 29,023,605 shares of the oil and gas company’s stock valued at $3,200,996,000 after acquiring an additional 754,342 shares in the last quarter. Finally, McGlone Suttner Wealth Management Inc. acquired a new stake in shares of Exxon Mobil during the 4th quarter valued at approximately $1,131,000. 57.49% of the stock is currently owned by hedge funds and other institutional investors.

    Exxon Mobil Trading Up 0.2 %

    NYSE:XOM opened at $105.07 on Tuesday. The stock has a fifty day simple moving average of $110.54 and a 200 day simple moving average of $110.90. The firm has a market capitalization of $424.80 billion, a price-to-earnings ratio of 7.11, a price-to-earnings-growth ratio of 0.51 and a beta of 1.09. The company has a quick ratio of 1.10, a current ratio of 1.46 and a debt-to-equity ratio of 0.19. Exxon Mobil Co. has a 1-year low of $80.69 and a 1-year high of $119.92.

    Exxon Mobil (NYSE:XOM – Get Rating) last announced its quarterly earnings data on Friday, April 28th. The oil and gas company reported $2.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.65 by $0.18. The firm had revenue of $86.56 billion during the quarter, compared to the consensus estimate of $90.07 billion. Exxon Mobil had a return on equity of 31.48% and a net margin of 15.06%. The business’s revenue for the quarter was down 4.3% on a year-over-year basis. During the same period in the prior year, the business earned $2.07 EPS. Sell-side analysts forecast that Exxon Mobil Co. will post 10.01 earnings per share for the current year.

    Exxon Mobil Announces Dividend

    The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 9th. Investors of record on Tuesday, May 16th will be paid a $0.91 dividend. This represents a $3.64 annualized dividend and a yield of 3.46%. The ex-dividend date of this dividend is Monday, May 15th. Exxon Mobil’s dividend payout ratio is currently 24.64%.

    Insider Transactions at Exxon Mobil

    In other news, VP Darrin L. Talley sold 2,500 shares of the firm’s stock in a transaction dated Monday, May 1st. The stock was sold at an average price of $116.11, for a total transaction of $290,275.00. Following the completion of the sale, the vice president now directly owns 29,272 shares of the company’s stock, valued at approximately $3,398,771.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.04% of the company’s stock.

    Wall Street Analyst Weigh In

    Several equities research analysts recently issued reports on the company. Jefferies Financial Group dropped their price target on Exxon Mobil from $148.00 to $140.00 in a research report on Monday. StockNews.com started coverage on Exxon Mobil in a research report on Thursday, March 16th. They issued a “hold” rating on the stock. HSBC increased their target price on Exxon Mobil from $113.50 to $115.50 and gave the stock a “hold” rating in a research report on Thursday, April 20th. UBS Group raised Exxon Mobil from a “neutral” rating to a “buy” rating and increased their target price for the stock from $125.00 to $144.00 in a research report on Tuesday, April 18th. Finally, Piper Sandler dropped their target price on Exxon Mobil from $135.00 to $134.00 and set an “overweight” rating on the stock in a research report on Thursday, April 20th. One analyst has rated the stock with a sell rating, nine have given a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $125.57.

    About Exxon Mobil

    (Get Rating)

    Exxon Mobil Corp. engages in the exploration, development, and distribution of oil, gas, and petroleum products. It operates through the following segments: Upstream, Downstream and Chemical. The Upstream segment produces crude oil and natural gas. The Downstream segment manufactures and trades petroleum products.

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    Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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  • Marathon Petroleum (NYSE:MPC) Given New $139.00 Price Target at Barclays

    Marathon Petroleum (NYSE:MPC) Given New $139.00 Price Target at Barclays

    Marathon Petroleum (NYSE:MPC – Get Rating) had its target price hoisted by research analysts at Barclays from $130.00 to $139.00 in a research note issued to investors on Wednesday, The Fly reports. Barclays‘s price objective would suggest a potential upside of 10.48% from the company’s previous close.

    Several other brokerages have also recently issued reports on MPC. StockNews.com initiated coverage on Marathon Petroleum in a research note on Thursday, March 16th. They issued a “strong-buy” rating for the company. UBS Group initiated coverage on Marathon Petroleum in a research note on Wednesday, March 8th. They set a “buy” rating and a $165.00 target price for the company. Piper Sandler decreased their target price on Marathon Petroleum from $153.00 to $143.00 and set a “neutral” rating for the company in a research note on Monday, December 19th. Mizuho upgraded Marathon Petroleum from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $133.00 to $160.00 in a research note on Friday, March 10th. Finally, Wells Fargo & Company boosted their target price on Marathon Petroleum from $133.00 to $153.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 1st. Two investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $143.81.

    Marathon Petroleum Stock Performance

    Shares of MPC opened at $125.82 on Wednesday. The stock has a 50-day simple moving average of $126.91 and a 200-day simple moving average of $118.00. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.32 and a current ratio of 1.76. The stock has a market capitalization of $55.57 billion, a PE ratio of 4.40, a PEG ratio of 0.23 and a beta of 1.64. Marathon Petroleum has a 1 year low of $77.62 and a 1 year high of $138.83.

    Marathon Petroleum (NYSE:MPC – Get Rating) last announced its quarterly earnings data on Tuesday, January 31st. The oil and gas company reported $6.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.54 by $1.11. The business had revenue of $39.82 billion during the quarter, compared to analysts’ expectations of $35.29 billion. Marathon Petroleum had a return on equity of 41.55% and a net margin of 8.07%. The business’s quarterly revenue was up 12.7% compared to the same quarter last year. During the same quarter last year, the business posted $1.30 EPS. On average, analysts predict that Marathon Petroleum will post 20.31 earnings per share for the current fiscal year.

    Insider Activity

    In other news, Director Kim K.W. Rucker sold 6,000 shares of the business’s stock in a transaction that occurred on Thursday, March 2nd. The stock was sold at an average price of $130.00, for a total value of $780,000.00. Following the transaction, the director now owns 34,950 shares of the company’s stock, valued at $4,543,500. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 0.28% of the company’s stock.

    Institutional Inflows and Outflows

    Institutional investors and hedge funds have recently bought and sold shares of the business. Armstrong Advisory Group Inc. acquired a new position in Marathon Petroleum during the fourth quarter worth $25,000. Sit Investment Associates Inc. acquired a new position in Marathon Petroleum during the fourth quarter worth $25,000. Ten Capital Wealth Advisors LLC acquired a new position in Marathon Petroleum during the third quarter worth $29,000. McClarren Financial Advisors Inc. purchased a new stake in Marathon Petroleum during the third quarter worth $32,000. Finally, Lansing Street Advisors purchased a new stake in Marathon Petroleum during the fourth quarter worth $32,000. Institutional investors and hedge funds own 76.48% of the company’s stock.

    About Marathon Petroleum

    (Get Rating)

    Marathon Petroleum Corp. is an independent company, which engages in the refining, marketing, and transportation of petroleum products in the United States. It operates through the following segments: Refining and Marketing, and Midstream. The Refining and Marketing segment refines crude oil and other feedstocks at its refineries in the Gulf Coast and Midwest regions of the United States, purchases ethanol and refined products for resale and distributes refined products through various means, including barges, terminals, and trucks that the company owns or operates.

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    Analyst Recommendations for Marathon Petroleum (NYSE:MPC)

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