Stocks to Watch: Gulfport Energy Corporation, Western Potash Corp, McDermott International, Hewlett-Packard Company (NYSE:HPQ)

Lakeway, NY -- (SBWIRE) -- 03/07/2013 -- ThePennyStockProfiler.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

Gulfport Energy Corporation (NASDAQ:GPOR) shares climbed 2.79% and closed at $41.21. The company, on Feb. 26, reported fourth-quarter net income of $16 million or $0.28 per share, compared with $31 million or $0.59 per share last year. Revenues for the quarter were $56.5 million, compared with $67.5 million a year ago. Analysts estimated earnings of $0.18 per share on revenues of $57.08 million for the quarter. Net production for the quarter was 608.5 MBOE, down from 661.7 MBOE in the prior year.

Get Latest News, Updates on GPOR Here

Western Potash Corp. (TSE:WPX) shares jumped 3.33% and closed at $0.465 in the last trading session. The company, on Feb. 28, announced its unaudited operating and financial results for the fourth quarter and the year ended Dec. 31, 2012. The company reported an unaudited net loss of $223 million for full-year 2012, or a loss of $1.12 per share on a fully-diluted basis, compared with a net loss of $302 million, or a loss of $1.53 per share, in 2011. The net loss from continuing operations was $245 million in 2012 vs. $160 million for full-year 2011.

Is WPX a Strong Buying Opportunity After The Recent Slump? Find out Here

McDermott International (NYSE:MDR) shares increased 2.76% to $10.79. The company, on Feb. 28, reported fourth quarter net income of $40.5 million or $0.17 per share, as compared with net loss of about $10 million or $0.04 per share a year ago. The company’s revenues were $996 million for the quarter, an increase of 22% from $816 million last year. Analysts estimated earnings of $0.23 per share on revenues of $981.49 million for the quarter.

Additionally, KeyBanc Capital Mkts cut shares of MDR from a buy rating to a hold rating in a research note issued to investors this week.

Is MDR Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here

Hewlett-Packard Company (NYSE:HPQ) shares increased 2.75% to $20.93. CtW Investment Group, part of the labor group Change to Win, recently is pushing for Hewlett-Packard Co. (HPQ) to remove its two longest-standing board members and urging the computer maker to drop Ernst & Young LLP as its auditor.

Additionally, the company, on Feb. 21, posted first quarter net income of $1.2 billion, or 63 cents a share. Adjusted earnings for the recent quarter came in at 82 cents a share. Revenue fell 6% to $28.4 billion. Analysts were expecting adjusted earnings of 71 cents a share on revenue of $27.9 billion.

Get latest News, Updates on HPQ Here

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