
Ensco plc (NYSE: ESV) dropped about 2.3% on Thursday to a new 52-week low of $47.43. Share volume is about 40% above the daily average of around 2.6 million. The stock’s 52-week high is $62.25. Ensco’s presentation at an energy conference on Wednesday that was mixed at best. The company assured investors that the $3.00 annual dividend (5.9% dividend yield) would not be altered, but there must have been some skeptics in the crowd.
Key Energy Services (NYSE: KEG) dropped about 3.8% today to post a new 52-week low of $5.76 compared with the stock’s 52-week high of $10.52. Another energy company, this one focused on onshore drilling, has been weakened by poor earnings and the shareholder lawsuits just keep piling up. Shares are down about 23% in the year to date. Trading volume was about 40% below the daily average of around 2.5 million shares.
Oceaneering International Inc. (NYSE: OII) dropped about 4.7% today to post a new 52-week low of $65.60. Share volume was about double the average daily volume of around 1 million shares and the 52-week high is $87.64. The company makes and sells remotely operated vehicles (ROVs) for the deepwater energy drillers. Oceaneering also participated in the same conference as Ensco and like its U.K.-based peer couldn’t tell the analysts and investors what they wanted to hear.
SandRidge Energy Inc. (NYSE: SD) dropped about 4.6% today to post a new 52-week low of $4.94. Volume is nearly 60% higher than the daily average of around 8.4 million shares. The independent oil and gas company had no news today. The stock’s 52-week high is $7.43.
ALSO READ: Companies That Control the World’s Food
Are You Still Paying With a Debit Card?
The average American spends $17,274 on debit cards a year, and it’s a HUGE mistake. First, debit cards don’t have the same fraud protections as credit cards. Once your money is gone, it’s gone. But more importantly you can actually get something back from this spending every time you swipe.
Issuers are handing out wild bonuses right now. With some you can earn up to 5% back on every purchase. That’s like getting a 5% discount on everything you buy!
Our top pick is kind of hard to imagine. Not only does it pay up to 5% back, it also includes a $200 cash back reward in the first six months, a 0% intro APR, and…. $0 annual fee. It’s quite literally free money for any one that uses a card regularly. Click here to learn more!
Flywheel Publishing has partnered with CardRatings to provide coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.