Hot Watch List: Marathon Petroleum Corporation (NYSE:MPC), Bill Barrett Corp. (NYSE:BBG), Goldfield Corp. (NYSEMKT:GV), Concho Resources, Inc. (NYSE:CXO),

On February 26, 2016, Marathon Petroleum Corporation (NYSE:MPC) established a commercial paper program (the “Program”), pursuant to which the Company may issue, on a private placement basis, unsecured commercial paper notes (the “Notes”) up to a maximum aggregate amount outstanding at any time of $2 billion.

Marathon Petroleum Corporation (NYSE:MPC) belongs to Basic Materials sector. Its net profit margin is 4.40% and weekly performance is 9.06%. On last trading day company shares ended up at $37.32. Marathon Petroleum Corporation (NYSE:MPC) distance from 50-day simple moving average (SMA50) is -7.84%.

Bill Barrett Corp. (NYSE:BBG) reported Total estimated proved reserves at year-end 2015 were 83.7 MMBoe compared to 122.3 MMBoe at year-end 2014. Estimated proved reserves were 66% oil, 20% natural gas and 14% natural gas liquids (“NGLs”) and were 48% developed compared to 34% developed at year-end 2014. The decrease in estimated proved reserves compared to year-end 2014 is primarily the result of asset divestitures of 16.1 MMBoe and negative commodity price-related and other revisions of 24.4 MMBoe, offset in part by extensions and discoveries of 8.5 MMBoe.

Bill Barrett Corp. (NYSE:BBG) shares increased 29.35% in last trading session and ended the day at $4.98. BBG Gross Margin is 77.90% and its return on assets is -18.60%. Bill Barrett Corp. (NYSE:BBG) quarterly performance is -21.57%.

On 03 March, Goldfield Corp. (NYSEMKT:GV) shares decreased -4.35% and was closed at $1.32. GV EPS growth in last 5 year was 14.90%. Goldfield Corp. (NYSEMKT:GV) year to date (YTD) performance is -14.84%.

On 24 February, Concho Resources, Inc. (NYSE:CXO) reported Production for the fourth quarter of 2015 was 13.2 million barrels of oil equivalent (MMBoe), or an average of 144.0 thousand Boe per day (MBoepd), an increase of 15% from the fourth quarter of 2014 and above the high-end of the Company’s guidance. Production for full year 2015 totaled 52.3 MMBoe, or an average of 143.3 MBoepd, an increase of 28% over full year 2014. Full-year 2015 production was comprised of 66% oil and 34% natural gas.

Concho Resources, Inc. (NYSE:CXO) ended the last trading day at $97.23. Company weekly volatility is calculated as 4.60% and price to cash ratio as 55.02. Concho Resources, Inc. (NYSE:CXO) showed a weekly performance of 9.52%.

On February 26, 2016, ION Geophysical Corporation (NYSE:IO) entered into an agreement (the “Support Agreement”) with certain holders of the Company’s Existing Notes (as defined below) (collectively, the “Supporting Noteholders”). A copy of the Support Agreement is attached hereto as Exhibit 10.1. The Supporting Noteholders and their respective affiliates, including certain private funds and accounts they manage, hold, in the aggregate, over two-thirds of the principal amount of the Company’s outstanding 8.125% Senior Secured Second Priority Notes due 2018 (the “Existing Notes”) issued pursuant to that certain Indenture, dated as of May 13, 2013, among the Company, Wilmington Trust, National Association, as trustee, U.S. Bank National Association, as collateral agent and the subsidiary guarantors named therein (the “Existing Notes Indenture”).

ION Geophysical Corporation (NYSE:IO) shares increased 15.00% in last trading session and ended the day at $5.29. IO Gross Margin is 3.60% and its return on assets is -5.30%. ION Geophysical Corporation (NYSE:IO) quarterly performance is -34.69%.

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