Home / Street Sector / Start Your Morning With These Investment Doubling Stocks: Chevron (NYSE:CVX), FirstEnergy (NYSE:FE), Atwood Oceanics (NYSE:ATW)

Start Your Morning With These Investment Doubling Stocks: Chevron (NYSE:CVX), FirstEnergy (NYSE:FE), Atwood Oceanics (NYSE:ATW)

Chevron Corporation (NYSE:CVX) [Trend Analysis] luring active investment momentum, shares a loss -0.26% to $101.68. Malaysia’s MISC, has signed a contract for the lease and operations of an FSO at Chevron’s Gulf of Thailand FSO Benchamas 2 Project. The contract is MISC’s first foray into Thailand’s offshore oil and gas market and is valued at around $230m over 10 years, with a further five one-year extensions available to Chevron.

President and CEO of MISC, Yee Yang Chien stated, “This is a milestone achievement for MISC in winning the contract and it is significant to us, being our first collaboration with Chevron in the offshore segment. With our broad spectrum of energy related maritime solutions and services, be it in energy shipping or offshore solutions, MISC is confident of our ability to serve the various needs of the global oil and gas industry. We are honoured for the trust and opportunity given to MISC for us to work together with Chevron towards the development and sustainability of Thailand’s oil & gas sector.” The total volume of 4.93 Million shares held in the session was surprisingly higher than its average volume of 6511.63 shares. EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at -75.80%, and looking further price to next year’s EPS is 276.52%. While take a short look on price to sales ratio, that was 1.74.

Several matter pinch shares of FirstEnergy Corp. (NYSE:FE) [Trend Analysis], as shares moving up 0.89% to $32.92 with a share volume of 2.84 Million. FirstEnergy (NYSE:FE) subsidiaries Mon Power and Potomac Edison recently submitted a request to the Public Service Commission of West Virginia (PSC) to recover costs for environmental control projects that support the long-term operation of Harrison and Fort Martin Power Stations.

The Modernization and Improvement Plan (MIP) will help Harrison and Fort Martin achieve ongoing compliance with the U.S. Environmental Protection Agency’s Mercury and Air Toxics Standards (MATS) and Cross-State Air Pollution Rule (CSAPR) II requirements. To meet these requirements, 18 projects are planned or underway, comprising improving electro-static precipitators, installing technology to control mercury and other emissions, improving existing flue gas desulfurization equipment, enhancing continuous emission monitoring, tuning boilers, and improving controls and the selective catalytic reduction system. The stock is going forward its 52-week low with 17.73% and moving down from its 52-week high price with -9.07%. To have technical analysis views, liquidity ratio of a company was calculated 0.50 as evaluated with its debt to equity ratio of 1.98. The float short ratio was 2.07%, as compared to sentiment indicator; Short Ratio was 2.50.

Shares of Atwood Oceanics, Inc. (NYSE:ATW) [Trend Analysis] runs in leading trade, it surging 1.30% to traded at $8.54. The firm has price volatility of 5.36% for a week and 6.83% for a month. Its beta stands at 2.23 times. Narrow down four to firm performance, its weekly performance was -4.79% and monthly performance was -24.89%. The stock price of ATW is moving down from its 20 days moving average with -14.04% and isolated negatively from 50 days moving average with -24.05%.


About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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