This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

3 Energy Stocks Hitting 52-Week Highs: GulfMark, Pioneer Natural, El Paso

NEW YORK ( TheStreet) -- Shares of energy-related stocks GulfMark (GLF - Get Report), Pioneer Natural Resources (PXD - Get Report) and El Paso (EP) all reached 52-week highs on Monday.

GulfMark

The offshore marine services company is scheduled to report its fourth-quarter results on Feb. 22. Analysts, on average, anticipate earnings of 80 cents a share on $103.71 million.

"GLF extended its term loan facility out to July 2014 (from Dec 2012). GLF has drawn down $140 million of the total $200 million facility," Credit Suisse analysts wrote in a Jan. 31 report. "While the extension helps solidify GLF's capital structure -- the real benefit is savings of roughly $33 million in annual amortization that we expect GLF to use to fund further growth."

Shares of GulfMark hit a 52-week high of $50.24 on Monday. The stock's 52-week low of $32.34 was set on Aug. 9.

GulfMark has a forward price-to-earnings ratio of 13.87X. This is about half of the average for the oil equipment and services companies of 28.39X. Superior Energy (SPN) and RPC (RES) had lower forward P/Es than GulfMark at 9.87X and 7.58X respectively.

Of the 10 analysts who cover the company, eight rated it a buy. One rated the company a hold and another analyst considered it a sell.

TheStreet Ratings gives GulfMark a B grade and has a $63.85 price target on the shares. The stock has risen 19.14% year to date.

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player
1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
GLF $10.71 0.00%
PXD $138.18 0.00%
AAPL $126.44 0.00%
FB $87.28 0.00%
GOOG $523.40 0.00%

Markets

DOW 17,730.11 -27.80 -0.16%
S&P 500 2,076.78 -0.64 -0.03%
NASDAQ 5,009.2140 -3.9090 -0.08%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs