Press coverage about Key Energy Services (NYSE:KEG) has trended somewhat positive this week, Accern reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Key Energy Services earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave media coverage about the oil and gas company an impact score of 47.4396709758753 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:
- Key Energy Services, Inc. (KEG) stock price ends at $12.66 with … – Nasdaq Express (nasdaqexpress.com)
- Analysts are on the Bearish side about Key Energy Services, Inc. (NYSE:KEG) this week. – Thе Malibu Rеpоrt (malibureport.com)
- Key Energy Services, Inc. (KEG) Expected to Post Quarterly Sales of $116.00 Million (americanbankingnews.com)
- Benzinga’s Top Upgrades, Downgrades For March 16, 2018 … – Benzinga (benzinga.com)
- Key Energy Services (KEG) Earns Hold Rating from Analysts at Deutsche Bank (americanbankingnews.com)
KEG has been the topic of a number of analyst reports. Zacks Investment Research upgraded Key Energy Services from a “hold” rating to a “buy” rating and set a $19.00 price objective on the stock in a research note on Tuesday, January 23rd. Seaport Global Securities upgraded Key Energy Services from a “neutral” rating to a “buy” rating in a research note on Wednesday, December 20th. Finally, Deutsche Bank assumed coverage on Key Energy Services in a report on Friday, March 16th. They set a “hold” rating and a $17.00 target price on the stock. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $17.00.
Key Energy Services (NYSE:KEG) last posted its earnings results on Monday, February 26th. The oil and gas company reported ($1.34) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.33) by ($0.01). The company had revenue of $116.28 million during the quarter, compared to analyst estimates of $112.90 million. sell-side analysts predict that Key Energy Services will post -3.04 EPS for the current fiscal year.
In other Key Energy Services news, SVP Katherine Hargis sold 6,092 shares of the company’s stock in a transaction on Monday, January 8th. The stock was sold at an average price of $15.00, for a total value of $91,380.00. Following the transaction, the senior vice president now directly owns 37,381 shares of the company’s stock, valued at approximately $560,715. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO David J. Brunnert sold 2,868 shares of the company’s stock in a transaction on Monday, January 8th. The shares were sold at an average price of $15.00, for a total value of $43,020.00. Following the completion of the transaction, the chief operating officer now directly owns 70,042 shares in the company, valued at $1,050,630. The disclosure for this sale can be found here. Insiders have sold a total of 13,888 shares of company stock worth $199,245 over the last three months.
COPYRIGHT VIOLATION WARNING: “Key Energy Services (KEG) Earning Somewhat Favorable News Coverage, Report Finds” was posted by BBNS and is the property of of BBNS. If you are accessing this piece on another site, it was illegally stolen and republished in violation of U.S. & international copyright and trademark law. The correct version of this piece can be viewed at https://baseballnewssource.com/2018/03/21/key-energy-services-keg-receives-news-impact-score-of-0-20/1923787.html.
Key Energy Services Company Profile
Key Energy Services, Inc is an onshore, rig-based well servicing contractor. The Company provides a range of well services to oil companies, foreign national oil companies, and independent oil and natural gas production companies. The Company operates in five segments: U.S. Rig Services, Fluid Management Services, Coiled Tubing Services, Fishing and Rental Services, and International.
Receive News & Ratings for Key Energy Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Key Energy Services and related companies with MarketBeat.com's FREE daily email newsletter.