Weekly 3-Year Low Highlights: CVX, L, CNP, TGP

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Jun 09, 2015

According to GuruFocus list of 3-year lows, Chevron Corp (CVX, Financial), Loews Corp (L, Financial), CenterPoint Energy Inc (CNP, Financial) and Teekay LNG Partners LP (TGP, Financial) have all reached their three-year lows.

Chevron Corp reached $100.42

The prices of Chevron Corp shares have declined to $100.42, which is 27.3% off the three-year high of $135.10.

Chevron Corp has a market cap of $188.84 billion; its shares were traded at around $100.42 with a P/E ratio of 11.00 and P/S ratio of 0.98. The dividend yield of Chevron Corp stocks is 4.20%. The company an annual average earnings growth of 7.80% over the past 10 years. GuruFocus rated Chevron Corp the business predictability rank of 4-star.

For the first quarter of 2015, Chevron Corp reported earnings of $2.6 billion, or $1.37 per diluted share, which compares to earnings of $4.5 billion, or $2.36 per share in the first quarter of 2014. Earnings decline was primarily due to decline in oil prices, with revenue decreasing to $34.5 billion from $53.3 billion a year ago.

Director John G Stumpf bought 180,000 shares of CVX stock on 05/11/2015 at the average price of $108.1.

Loews Corp reached $39.72

The prices of Loews Corp shares have declined to $39.72, which is 23.1% off the three-year of $49.43.

Loews Corp was incorporated in 1967 and is an insurance holding company. The company has a market cap of $14.75 billion; its shares were traded at around $39.72 with a P/E ratio of 23.50 and P/S ratio of 1.10. The dividend yield of Loews Corp stocks is 0.60%. Loews Corp had an annual average earnings growth of 18.30% over the past 5 years.

For the first quarter of 2015, the company reported income from continuing operations of $109 million, or $0.29 per share, compared to $265 million, or $0.68 per share in the prior year quarter.

Director John Stewart Lacey, bought 2,000 shares of L stock on 05/11/2015 at the average price of $63.92. John Stewart Lacey, owns at least 12,057 shares after this. The price of the stock has decreased by 37.86% since.

CenterPoint Energy Inc reached $19.18

The prices of CenterPoint Energy Inc shares have declined to $19.18, which is 27.0% off the three-year high of $25.75.

CenterPoint Energy Inc is a public utility holding company. It has a market cap of $8.25 billion; its shares were traded at around $19.18 with a P/E ratio of 14.90 and P/S ratio of 0.98. The dividend yield of CenterPoint Energy Inc stocks is 5.00%.

CenterPoint Energy reported first quarter 2015 net income of $131 million, which compares with earnings of $185 million for the same quarter last year.

EVP & CFO William D Rogers bought 20,000 shares of CNP stock on 05/13/2015 at the average price of $19.81. Multiple other insiders also recently bought shares of CNP stock.

Teekay LNG Partners LP reached $33.72

The prices of Teekay LNG Partners LP shares have declined to $33.72, which is 30.5% off the three-year high of $47.49.

Teekay LNG Partners LP has a market cap of $2.65 billion; its shares were traded at around $33.72 with a P/E ratio of 11.50 and P/S ratio of 6.50. The dividend yield of Teekay LNG Partners LP stocks is 8.20% and the company had an annual average earnings growth of 5.70% over the past 10 years.

The company reported first quarter adjusted net income of $43.9 million, which compares with $41.8 million in the prior year quarter. Distributable cash flow was up 10% to $66.2 million and the company declared a cash distribution of $0.70 per unit to be paid on May 15, 2015.

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