Unit Corporation (NYSE:UNT) reported Adjusted net loss was $6.6 million, or $0.14 per share. Low commodity prices continued to significantly affect Unit’s financial results. Because of lower commodity prices, Unit incurred during the quarter a pre-tax non-cash ceiling test write-down of $458.3 million in the carrying value of its oil and natural gas properties and $27.0 million in the carrying value of three of its gas gathering systems.
Unit Corporation (NYSE:UNT) belongs to Basic Materials sector. Its net profit margin is -72.70% and weekly performance is -31.31%. On last trading day company shares ended up at $4.41.
Zacks Investment Research upgraded shares of American Financial Group Inc (NYSE:AFG) from a sell rating to a hold rating in a research report report published on Friday morning, MarketBeat reports.
American Financial Group Inc. (NYSE:AFG) shares moved up 1.28% in last trading session and ended the day at $67.37. AFG return on assets is 0.70%. American Financial Group Inc. (NYSE:AFG) quarterly performance is -6.88%.
Summit Materials, Inc. (NYSE:SUM) is pleased to announce it has signed a definitive agreement to acquire Boxley Materials Company (“Boxley”). Boxley is a vertically integrated construction materials company founded in 1892 and based near Roanoke, Virginia. The transaction is expected to close in mid-March, pending expiration of the standard regulatory review period.
On 25 February, Summit Materials, Inc. (NYSE:SUM) shares moved up 1.70% and was closed at $17.36. Summit Materials, Inc. (NYSE:SUM) year to date (YTD) performance is -13.37%.
Zoe’s Kitchen (NYSE: ZOES) reported Q4 EPS of ($0.03), $0.03 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $52.7 million versus the consensus estimate of $50.66 million. Comparable restaurant sales increased 7.7% GUIDANCE: Zoe’s Kitchen sees FY2016 revenue of $275-280 million, versus the consensus of $275.59 million.
Zoe’s Kitchen, Inc. (NYSE:ZOES) ended the last trading day at $29.31. Company weekly volatility is calculated as 4.22% and price to cash ratio as 27.84. Zoe’s Kitchen, Inc. (NYSE:ZOES) showed a weekly performance of 6.89%.
Transocean Ltd. (NYSE: RIG) announced that the company has received a notice of early termination from Esso Exploration Angola (Block 15) Limited for the ultra-deepwater semisubmersible GSF Development Driller I. The rig’s drilling contract is expected to end in May 2016 with the demobilization completed in June 2016. In accordance with the terms of this contract, the company will not receive a payment compensating it for the remaining contract term.
Transocean Ltd. (NYSE:RIG) shares moved up 0.37% in last trading session and ended the day at $8.23. RIG Gross Margin is 55.30% and its return on assets is -2.10%. Transocean Ltd. (NYSE:RIG) quarterly performance is -41.09%.