Are Seventy Seven Energy Inc(NYSE:SSE) and Leggett & Platt, Inc.(NYSE:LEG)Strong Long-Term Investment Options?

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Atlanta, GA – Scibility Media – 11/17/2014.

This article discusses two companies: Seventy Seven Energy Inc(NYSE:SSE) and Leggett & Platt, Inc.(NYSE:LEG)

Seventy Seven Energy Inc(NYSE:SSE)is an Oklahoma-based oil and gas equipment and services company that operates in the United States. Its operating segments include Drilling, Hydraulic Fracturing, and Oilfield Rentals. Seventy Seven Energy’s services include land drill and drilling-related services, well stimulation services, and rental tool offerings.

The stock has traded within a range of $9.94 to $28.34 over the past 52 weeks, yet finished yesterday’s trading at a closing price of $11.28. These prices suggest that Seventy Seven Energy remains on the decline despite yesterday’s modest gain of nine cents. The company has a market capitalization of $565.2 million and 50.87 million tradeable shares.

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Leggett & Platt, Inc.(NYSE:LEG)announced a fourth quarter dividend of $0.31 per share, a 3.3% increase from the dividend distributed during fourth quarter 2013. Overall, the company’s dividends have increased for 43 consecutive years, making the home furnishings & fixtures company a strong option to consider.

Despite yesterday’s menial loss of seven cents, Leggett & Platt is trending upward. While the stock has traded within a range of $28.79 to $41.53 over the past 52 weeks, the company finished yesterday’s trading at a closing price of $40.78. Leggett & Platt had a trading volume of 0.84 million yesterday, a figure which is 0.39 million lower than its three month average volume of 1.23 million.

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