Stocks That Fell to Three-Year Lows in the Week of June 30

Occidental Petroleum Corp, Korea Electric Power Corp, Nielsen Holdings PLC and Tractor Supply Co. have declined to their three-year lows

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Jul 02, 2017
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Occidental Petroleum Corp. (OXY, Financial), Korea Electric Power Corp. (KEP, Financial), Nielsen Holdings PLC (NLSN, Financial) and Tractor Supply Co. (TSCO, Financial) have declined to their three-year lows.

Occidental Petroleum Corp. (OXY, Financial) declined to $59.87

The prices of Occidental Petroleum Corp. (OXY, Financial) shares have declined to $59.87 on June 30, which is only 4.5% above the three-year low of $57.20.

Occidental Petroleum Corporation is an American international oil and gas exploration and production company. It has operations in the U.S., the Middle East and Latin America. In 2015, it was the 16th largest gas producer and third largest oil producer in Texas.

Occidental Petroleum Corp. has a market cap of $45.78 billion; its shares were traded around $59.87 with and P/S ratio of 4.12. The trailing 12-month dividend yield of Occidental Petroleum Corp. stocks is 5.06%. The forward dividend yield of Occidental Petroleum Corp. stocks is 5.08%.

On June 19, Occidental Petroleum Corp announced that it has agreed to a number of purchase and sale transactions in the Permian Basin. On a combined basis, these transactions require no net cash outlay and add approximately 3,500 barrels of oil equivalent per day to the company’s net production. Furthermore, the company has reduced its Permian Resources position by 13,000 net acres, divesting non-strategic acreage in Andrews, Martin, and Pecos counties.

Korea Electric Power Corp. (KEP, Financial) declined to $17.97

The prices of Korea Electric Power Corp. (KEP, Financial) shares have declined to $17.97 on June 30, which is only 3.4% above the three-year low of $17.36.

Korea Electric Power Corp. is the largest electric utility company in South Korea, responsible for the generation, transmission and distribution of electricity and the development of electric power projects in fields such as nuclear power, wind power and coal power. Furthermore, the company is responsible for 93% of South Korea’s electricity generation.

Korea Electric Power Corp. has a market cap of $22.84 billion; its shares were traded around $17.97 with a P/E ratio of 4.5 and P/S ratio of 0.45. Korea Electric Power Corp. had an annual average earnings growth of 11.2% over the past 10 years.

On May 8 Korea Electric Power Corp released first quarter 2017 fiscal results. The company had a net operating income of KRW 1.46 trillion and an operating revenue of KRW 15.15 trillion, down 3.4% compared to first quarter 2016. The company also recorded a power volume increase of 18.4%.

Nielsen Holdings PLC (NLSN, Financial) Declined to $38.66

The prices of Nielsen Holdings PLC (NLSN, Financial) shares have declined to $38.66 on June 30, which is only 4.4% above the three-year low of $36.96.

Nielsen Holdings PLC is an American international information, data, and measurement company that operates in over 100 countries. The company specializes in consumer information and research and market measurement services. Total revenues were $6.2 billion in 2015.

Nielsen Holdings Plc has a market cap of $13.81 billion; its shares were traded around $38.66 with a P/E ratio of 29.23 and P/S ratio of 2.20. The trailing 12-month dividend yield of Nielsen Holdings PLC stocks is 3.31%. The forward dividend yield of Nielsen Holdings Plc stocks is 3.53%. Nielsen Holdings PLC had an annual average earnings growth of 11.2% over the past five years.

On April 19 Nielsen Holdings PLC announced that it has been named to Google’s Marketing Mix Model Partner program. As a preferred partner, Nielsen can collect Google advertising impression and spend data directly from Google in a standardized, granular and accurate way. Collectively, this ensures that advertisers can measure the ROI of their digital investments with precision and confidently understand the drivers of ROI to improve returns.

Tractor Supply Co. (TSCO, Financial) declined to $54.21

The prices of Tractor Supply Co. (TSCO, Financial) shares have declined to $54.21 on June 30, which is only 3.9% above the three-year low of $52.09.

Tractor Supply Co. is an American retail chain of stores that specializes in areas such as home improvement, agriculture, lawn and garden maintenance, and livestock and pet care. The livestock and pet products category accounted for 46% of the company’s sales in 2016. The company had a revenue of $6.8 billion in 2016 and a net income of $437.1 million in the same year.

Tractor Supply Co. has a market cap of $6.97 billion; its shares were traded around $54.21 with a P/E ratio of 16.78 and P/S ratio of 1.05. The trailing 12-month dividend yield of Tractor Supply Co stocks is 1.80%. The forward dividend yield of Tractor Supply Co. stocks is 2.03%. Tractor Supply Co. had an annual average earnings growth of 20.6% over the past 10 years.

On April 26 Tractor Supply Co. reported first quarter fiscal 2017 results. The company reported net sales of $1.56 billion, a 6.6% increase from $1.47 billion in the first quarter of 2016. Furthermore, gross profit increased 4.8% to $518.2 million from $494.4 million in the prior year's first quarter and gross margins decreased 60 basis points to 33.1% from 33.7% in the prior year's first quarter.

Disclosure: I do not own stock in any of the companies mentioned in the article.