Are Linn Energy LLC (LINE), SandRidge Energy Inc. (SD), and CANADIAN OIL SANDS (COSWF) Poised To Succeed?
New York, NY – GDP INSIDER – 12/19/2014.
This article discusses three companies: Linn Energy LLC(NASDAQ:LINE), SandRidge Energy Inc.(NYSE:SD), and CANADIAN OIL SANDS(OTCMKTS:COSWF)
Linn Energy LLC(NASDAQ:LINE) has a beta of 0.6, which indicates that the stock is 40% less volatile than the market. Nevertheless, the stock finished yesterday’s trading at a closing price of $11.98 after an 11.52% loss of $1.56. This mark places the stock $22.10 below its 52 week high of $34.08. Linn Energy has an earnings per share (TTM) of $-3.53, which could scare off investors. The company also has a dividend of $2.90 and a yield of 22%.
SandRidge Energy Inc.(NYSE:SD) announced yesterday that one of its board members, William G. Gilliland, will be retiring from the Board of Directors on Dec. 18th, 2014. Gilliland, who is 76 years old, was appointed to the board as a director in 2006. The stock finished yesterday’s trading at a closing price of $1.82 after an 8.54% loss of seventeen cents. The closing price is just thirty-two cents greater than SandRidge Energy’s 52 week low of $1.50. The company also has a poor earnings per share (TTM) of $-0.55.
CANADIAN OIL SANDS(OTCMKTS:COSWF) provided a 2014 production outlook on Dec. 15th, 2014. The company expects its Syncrude production to total around 94 million barrels, which is lower than the 95 to 100 million barrels guidance offered on Oct. 30th, 2014. The company had a high trading volume of 0.71 million yesterday, which is 0.40 million greater than its three month average volume of 0.31 million. Simply put, trader interest in the stock is on the rise. Canadian Oil Sands has a price to earnings ratio (TTM) of $8.15 and an earnings per share (TTM) of $1.13.
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