Weekly 3-Year Low Highlights: RIG, REN, CHU, TLM

Author's Avatar
Mar 17, 2014

According to GuruFocus list of 3-year lows; Transocean Ltd, Resolute Energy Corp, China Unicom (Hong Kong) Ltd, and Talisman Energy Inc. have all reached their 3-year lows.

Transocean Ltd (RIG, Financial) Reached the 3-year Low of $38.79

The prices of Transocean Ltd (RIG, Financial) shares have declined to close to the 3-year low of $38.79, which is 54.0% off the 3-year high of $83.05.

Transocean Ltd is incorporated in Switzerland. The Company is an international provider of offshore contract drilling services for oil and gas wells. Transocean Ltd has a market cap of $14 billion; its shares were traded at around $38.79 with a P/E ratio of 10.00 and P/S ratio of 1.50. The dividend yield of Transocean Ltd stocks is 5.70%.

Transocean Ltd reported fourth quarter 2013 revenues of $2.33 billion and net income of $233 million. Cash flow from operations was $773 million.

Resolute Energy Corp (REN, Financial) Reached the 3-year Low of $7.54

The prices of Resolute Energy Corp (REN, Financial) shares have declined to close to the 3-year low of $7.54, which is 60.4% off the 3-year high of $18.55.

Resolute Energy Corp was founded as a private company in 2004 to acquire and operate large-scale oil and gas properties, with particular focus on oil. Resolute Energy Corp has a market cap of $588.800 million; its shares were traded at around $7.54 with and P/S ratio of 1.50.

Resolute Energy Corp recently released its fourth quarter 2013 results. These included revenue increase of 35% year-over-year to $92 million. Net loss for the quarter was $117.1 million compared to net loss of $1.6 million a year ago.

1 Guru Increased Positions: Jean-Marie Eveillard (Trades, Portfolio) owns 25,950 shares as of 12/31/2013, an increase of 121.42% from the previous quarter.

China Unicom (Hong Kong) Ltd (CHU, Financial) Reached the 3-year Low of $11.91

The prices of China Unicom (Hong Kong) Ltd (CHU, Financial) shares have declined to close to the 3-year low of $11.91, which is 48.0% off the 3-year high of $22.50.

China Unicom (Hong Kong) Ltd, though its subsidiaries, provides cellular and fixed-line voice and related value-added services, broadband and other Internet-related services, ICT services, and business and data communications services in the PRC. China Unicom (Hong Kong) Ltd has a market cap of $28.07 billion; its shares were traded at around $11.91 with a P/E ratio of 7.50 and P/S ratio of 0.27. The dividend yield of China Unicom (Hong Kong) Ltd stocks is 1.46%. China Unicom (Hong Kong) Ltd had an annual average earnings growth of 0.60% over the past 10 years.

China Unicom generated fourth quarter profit of $333.07 million, flat from the prior year quarter, and fourth quarter revenue of $12.1 billion, up 17.1% year-over-year.

Talisman Energy Inc (TLM, Financial) Reached the 3-year Low of $9.77

The prices of Talisman Energy Inc (TLM, Financial) shares have declined to close to the 3-year low of $9.77, which is 62.4% off the 3-year high of $25.18.

Talisman Energy Inc., is incorporated under the Canada Business Corporations Act. Talisman Energy Inc has a market cap of $10.12 billion; its shares were traded at around $9.77 with and P/S ratio of 2.25. The dividend yield of Talisman Energy Inc stocks is 2.76%.

Talisman Energy Inc. has released its fourth quarter 2013 results. Cash flow for this quarter ended December 31, 2013 was $580 million, with loss from operations of $116 million and net loss of $1.0 billion.

1 Guru Increased Positions: Carl Icahn (Trades, Portfolio) owns 76,060,078 shares as of 12/31/2013, an increase of 1078.12% from the previous quarter.

4 Gurus Kept Positions in TLM Unchanged or Slightly Adjusted: Brian Rogers (Trades, Portfolio) owns 5,500,000 shares as of 12/31/2013, which accounts for 0.23% of the $27.65 billion portfolio of T Rowe Price Equity Income Fund. Ray Dalio (Trades, Portfolio) owns 362,900 shares as of 12/31/2013, which accounts for 0.034% of the $12.46 billion portfolio of Bridgewater Associates. NWQ Managers (Trades, Portfolio) owns 29,280,389 shares as of 12/31/2013, which accounts for 3% of the $11.42 billion portfolio of NWQ Investment Management Co. Mario Gabelli (Trades, Portfolio) owns 85,300 shares as of 12/31/2013, which accounts for 0.0053% of the $18.65 billion portfolio of GAMCO Investors.

Go here for the complete list of 3-year lows.