Peabody Energy Corp. (NYSE: BTU) dropped about 8.8% on Friday to post a second consecutive 52-week low, down to $5.31 against a 52-week high of $19.63. Shares closed at $5.82 last night after posting a new low yesterday of $5.75. Volume was about equal to the daily average of around 12 million shares. The coal miner took another downgrade Friday morning and price target cut from $7 to $5 a share..
Chesapeake Energy Corp. (NYSE: CHK) dropped about 3.2% on Friday to post a new 52-week low of $13.48 after closing at $13.92 on Thursday. The stock’s 52-week high is $29.92. Share volume was nearly equal to the daily average of around 17.7 million shares traded. Lower crude oil and natural gas prices clobbered energy stocks today, and Chesapeake is an easy target.
National Oilwell Varco Inc. (NYSE: NOV) posted a new 52-week low on Friday. Shares dropped about 3.5% to $48.07 from Thursday’s closing price of $49.80. The stock’s 52-week high is $86.55. Volume is about 10% below the daily average of around 6.5 million shares. Another easy target in the energy sector gets knocked around today.
SeaDrill Ltd. (NYSE: SDRL) dropped about 7% on Friday to post a new 52-week low of $9.00 after closing at $9.68 on Thursday. The stock’s 52-week high is $40.44. Share volume was about 10% below the daily average of around 14.5 million shares traded. Another easy target when crude oil prices fall.
ALSO READ: 10 Disappearing Middle Class Jobs
Want to Retire Early? Start Here (Sponsor)
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Have questions about retirement or personal finance? Email us at [email protected]!
By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.
By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
