Basic Material New Highs: Magellan Midstream Partners (NYSE:MMP), C&J Energy Services (NYSE:CJES), Tesco Corporation (NASDAQ:TESO), Magellan Petroleum Corporation (NASDAQ:MPET)

Magellan Midstream Partners, L.P. (NYSE:MMP) had its price objective hosited by Credit Suisse from $4.00 to $84.00 in a report released on Wednesday, AR Network reports. Credit Suisse currently has an outperform rating on the stock. Magellan Midstream Partners, L.P. (NYSE:MMP) stock performance was -2.58% in last session and finished the day at $77.84. Traded volume was 611,653.00 shares in the last session and the average volume of the stock remained 487,483.00shares. The beta of the stock remained 0.47. Magellan Midstream Partners, L.P. (NYSE:MMP) insider ownership is 0.30%.

C&J Energy Services (NASDAQ:CJES) last released its earnings data on Wednesday, April 30th. The company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.03. The company had revenue of $316.50 million for the quarter, compared to the consensus estimate of $282.95 million. C&J Energy Services Inc (NYSE:CJES) dropped -0.35% percent to $ 31.36 yesterday on volume of 725,862.00 shares. The intra-day range of the stock was $ 31.00 – 31.89. C&J Energy Services Inc (NYSE:CJES) has a market capitalization of $ 1.74 billion.

Tesco Corporation (NASDAQ:TESO) is engaged in designing, manufacturing, and service delivery of technology based solutions for the upstream energy industry.The company also recently declared a special dividend, which is scheduled for Monday, June 2nd. Investors of record on Thursday, May 22nd will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Tuesday, May 20th.Tesco Corporation (USA) (NASDAQ:TESO)’s stock on May 8, 2014 reported a decrease of -1.30% to the closing price of $ 21.18. Its fifty two weeks range is $ 11.91 – 21.73. The total market capitalization recorded $ 848.13 million. The overall volume in the last trading session was 619,499.00 shares. In its share capital, Tesco Corporation (USA) (NASDAQ:TESO) has 40.04 million outstanding shares.

Magellan Petroleum Corp.’s stock finished Monday’s session 10.95% higher at $2.23, after hitting a new 52-week high of $2.34. A total of 2.86 million shares were traded, which was much above its three months average volume of 0.24 million shares. The stock moved between $2.02 and $2.34 during the session. Over the last one month and previous three months, Magellan Petroleum Corp.’s shares have rallied 58.16% and 104.59%, respectively. On Friday, shares of Magellan Petroleum Corporation (NASDAQ:MPET) dropped -2.41% to close the day at $2.43. Company return on investment (ROI) is -49.50% and its monthly performance are recorded as 52.83%. Magellan Petroleum Corporation (NASDAQ:MPET) quarterly revenue growth is 125.00%.

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