Finance

Basic Material Bullish Stocks: Valero Energy Corporation (NYSE:VLO), McDermott International (NYSE:MDR), Gold Fields (NYSE:GFI), NovaGold Resources (NYSEMKT:NG)

Valero Energy Corp. (NYSE:VLO) shares rose 5.2%. The refiner earlier this week said Chief Executive Bill Klesse will step down in May. Valero Energy Corporation (NYSE:VLO) stock performance was 5.17 % in last session and finished the day at $52.88. Traded volume was 13,401,374 million shares in the last session and the average volume of the stock remained m 8.45 illion shares. The beta of the stock remained 1.53. Valero Energy Corporation (NYSE:VLO) insider ownership is 0.40%.

McDermott International (NYSE:MDR) reports that one of its subsidiaries has won a contract to provide the electrical power supply system for Saudi Aramco at the Abu Ali and Khursaniyah fields in the Arabian Gulf. McDermott International (NYSE:MDR) rose 6.38 percent to $7.84 yesterday on volume of 12.36 million shares. The intra-day range of the stock was $ 7.36 to $7.89. McDermott International (NYSE:MDR) has a market capitalization of $1.86 million.

Gold Fields Limited (ADR) (NYSE:GFI) will begin trading ex-dividend on March 05, 2014. A cash dividend payment of $0.019932 per share is scheduled to be paid on March 20, 2014. Shareholders who purchased GFI stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -76.45% decrease from the prior year. old Fields Limited (ADR) (NYSE:GFI)’s stock on Mar 6, 2014 reported a increase of 5.75% to the closing price of $ 3.86. Its fifty two weeks range is $2.92 -$8.30. The total market capitalization recorded $2.85 billion. The overall volume in the last trading session was 6,306,490 million shares. In its share capital, Gold Fields Limited (ADR) (NYSE:GFI) as 736.86 million outstanding shares.

NovaGold Resources Inc. (USA) (NYSEMKT:NG) and Iamgold Corp. increased more than 2.2 percent to pace gains among gold companies. Avigilon Corp. jumped 5.8 percent after an analyst at Raymond James Ltd. raised his rating for the stock. TransGlobe Energy Corp. (TGL) sank 1.3 percent as net income slumped on writedowns. On Thursday, shares of NovaGold Resources Inc. (USA) (NYSEMKT:NG) advanced 6.42% to close the day at $4.31 . Company’s monthly performance is recorded as 37.26%. NovaGold Resources Inc. (USA) (NYSEMKT:NG) quarterly revenue growth is 93.27%.