52-Week Company Lows

ExxonMobil, GE, IBM, Schlumberger, EOG Resources, Occidental Petroleum prices decline

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Aug 25, 2017
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According to GuruFocus’ list of 52-week lows, these stocks have reached their 52-week lows.

ExxonMobil reached the 52-week low of $76.39

The price of ExxonMobil Corp. (XOM, Financial) shares has declined to close to the 52-week low of $76.39, which is 18.4% off the 52-week high of $93.22. The company has a market cap of $323.42 billion.

Its shares traded at $76.33 with a price-earnings (P/E) ratio of 31.84 and a price-sales (P/S) ratio of 1.31 as of Aug. 24. The trailing 12-month dividend yield is 3.98%. The forward dividend yield is 4.02%.

The integrated oil and gas company produces crude oil and natural gas. The company is also engaged in the manufacturing, transportation and sale of crude oil, natural gas and petroleum products.

Upstream earnings were $1.2 billion in the second quarter, up $890 million from the second quarter of 2016.

Director Steven Reinemund sold 1,100 shares for $80.23 per share on Aug. 4. The stock price has decreased by 4.86% since.

General Electric reached the 52-week low of $24.36

The price of General Electric Co. (GE, Financial) shares have declined to close to the 52-week low of $24.36, which is 24.9% off the 52-week high of $32.38. The company has a market cap of $210.39 billion.

Its shares traded at $24.30 with a P/E ratio of 24.75 and a P/S ratio of 1.80 as of Aug. 24. The trailing 12-month dividend yield is 3.92%. The forward dividend yield is 3.94%.

The industrial company operates in various segments including power and water, oil and gas, energy management, aviation, health care, transportation and appliances and lighting.

Net earnings for the second quarter were $1.2 billion.

CEO and Director John Leonard Flannery bought 103,983 shares for $25.56 per share on Aug. 8. The stock price has decreased by 4.93% since.

Director James S. Tisch bought 100,000 shares for $24.56 per share on Aug. 22. The stock price has decreased by 1.06% since.

Vice Chairman Elizabeth J. Comstock sold 24,693 shares for $25.65 per share on Aug. 9. The stock price has decreased by 5.26% since.

IBM reached the 52-week low of $143.27

The price of International Business Machines Corp. (IBM, Financial) shares has declined to close to the 52-week low of $143.27, which is 23.9% off the 52-week high of $182.79. The company has a market cap of $133.21 billion.

Its shares traded at $142.94 with a P/E ratio of 11.75 and a P/S ratio of 1.74 as of Aug. 24. The trailing 12-month dividend yield is 4.06%. The forward dividend yield is 4.22%. The company had an annual average earnings growth of 5.20% over the past 10 years.

IBM offers IT services, software and hardware.

Net income for the second quarter was $2.3 billion.

Schlumberger reached the 52-week low of $62.89

The price of Schlumberger Ltd. (SLB, Financial) shares has declined to close to the 52-week low of $62.89, which is 28.7% off the 52-week high of $87.84. The company has a market cap of $87.37 billion.

Its shares traded at $62.88 with a P/E ratio of -45.83 and a P/S ratio of 3.07 as of Aug. 24. The trailing 12-month dividend yield is 3.18%. The forward dividend yield is 3.17%.

Schlumberger is a supplier of products and services to the oil and gas industry. It provides technology for reservoir characterization, drilling, production and processing to the oil and gas industry.

Net income for the second quarter was $74 million compared to $2.160 billion for the prior-year period.

Director Michael E. Marks bought 8,000 shares for $64.2 per share on Aug. 11. The stock price has decreased by 2.06% since.

EOG Resources reached the 52-week low of $84.65

The price of EOG Resources Inc. (EOG, Financial) shares has declined to close to the 52-week low of $84.65, which is 23.8% off the 52-week high of $109.37. The company has a market cap of $48.86 billion.

Its shares traded at $84.62 with a P/E ratio of -79.46 and a P/S ratio of 4.96 as of Aug. 24. The trailing 12-month dividend yield is 0.80%. The forward dividend yield is 0.79%.

EOG Resources explores, develops, produces and markets crude oil and natural gas in the U.S., Trinidad and Tobago, United Kingdom, China, Argentina and, from time to time, select other international areas.

Net income for the second quarter was $23.1 million compared to a second-quarter 2016 net loss of $292.6 million.

Executive Vice President Exploration and Production Lloyd W. Helms Jr. sold 4,000 shares on Aug. 14 for $88.22 per share. The stock price has decreased by 4.08% since.

Occidental Petroleum reached the 52-week low of $59.26

The price of Occidental Petroleum Corp. (OXY, Financial) shares have declined to close to the 52-week low of $59.26, which is 27.1% off the 52-week high of $78.48. The company has a market cap of $45.209 billion.

Its shares traded at $59.13 with a P/E ratio of -84.11 and a P/S ratio of 3.74 as of Aug. 24. The trailing 12-month dividend yield is 5.15%. The forward dividend yield is 5.17%.

Occidental Petroleum is a multinational organization whose subsidiaries and affiliates operate in the oil and gas, chemical and midstream, marketing and other segments.

Net income for the second quarter was $507 million compared with $117 million for the first quarter.

Director William R. Klesse bought 10,000 shares for $61.58 per share on Aug. 9. The stock price has decreased by 3.98% since.

Director Eugene L. Batchelder bought 10,000 shares for $61.77 per share on Aug. 4. The stock price has decreased by 4.27% since.

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