Orlando, FL -- (SBWIRE) -- 09/13/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On Halliburton Company (NYSE:HAL), Cheniere Energy, Inc. (NYSEAMEX:LNG).
Halliburton Company (NYSE:HAL) stock decreased 1.97% to $49.20. The company on Sept. 12 announced that it will present at the UBS Houston Energy Symposium, September 18, 2013, at 12:30 p.m. Central time (1:30 p.m. Eastern time).
Additionally, the company on August 29 announced the final results of its modified Dutch auction tender offer, which expired at 11:59 p.m., New York City time, on Thursday, August 22, 2013.
Halliburton has accepted for purchase 68,041,236 shares of its common stock at a purchase price of $48.50 per share, for an aggregate cost of $3.3 billion, excluding fees and expenses relating to the tender offer. These shares represent approximately 7.4% of the total number of shares of Halliburton common stock issued and outstanding as of August 26, 2013.
Are investors worried about the recent updates with HAL? Find out with a free trend analysis HERE
Cheniere Energy, Inc. (NYSEAMEX:LNG) shares jumped 3.53% to $33.10. LNG’s stock had its price objective hosited by Barclays Capital from $17.00 to $25.00 in a report released on August 26. Barclays Capital currently has an overweight rating on the stock.
Additionally, LNG’s VP Greg Rayford unloaded 6,500 shares of the stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $27.27, for a total value of $177,255.00. Following the completion of the transaction, the vice president now directly owns 1,065,730 shares in the company.
Is LNG going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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