Energy Sector Review: Winning and Losing Stocks

Wall St. Watchdog reveals information about today’s action in the Energy (NYSE:XLE) sector:

Gainers (% price change)

  • (): The shares closed at $2.66, up $0.27, or 11.3%, on the day. Its market capitalization is $156.23 million.
  • Basic Energy Services (NYSE:BAS): The shares closed at $15.09, up $1.32, or 9.59%, on the day. Its market capitalization is $640.24 million. About the company: Basic Energy Services, Inc. provides well site services to oil and gas drilling and producing companies. The Company operates well maintenance, workover, and fluid handling services through a fleet of well servicing rigs and fluid service trucks and equipment.
  • PetroQuest Energy, Inc. (NYSE:PQ): The shares closed at $6.45, up $0.5, or 8.4%, on the day. Its market capitalization is $407.20 million. About the company: PetroQuest Energy, Inc. explores, develops, acquires, and operates oil and gas properties onshore and offshore in the Gulf Coast Region.
  • Warren Resources, Inc. (NASDAQ:WRES): The shares closed at $2.74, up $0.21, or 8.3%, on the day. Its market capitalization is $195.84 million. About the company: Warren Resources Inc. acquires and develops oil and gas properties. The Company’s properties are located in several states in the United States. Warren Resources also serves as the managing general partner to affiliated partnerships and joint ventures.
  • Complete Production (NYSE:CPX): The shares closed at $22.19, up $1.66, or 8.09%, on the day. Its market capitalization is $1.76 billion. About the company: Complete Production Services, Inc. offers services to the oil and natural gas production industry. The Company establishes, maintains, and enhances the flow of oil and gas throughout the life of a well, offers land drilling, specialized rig logistics and site preparation services, and offers products such as completion, flow control and artificial lift equipment, and tubular goods.

Losers (% price change)

  • Transportadora de Gas del (NYSE:TGS): The shares closed at $3.00, down $0.14, or 4.46%, on the day. Its market capitalization is $476.70 million. About the company: Transportadora de Gas del Sur S.A. (NYSE:TGS) transports and processes natural gas in Argentina. The Company’s pipeline systems connect major gas fields in Southern and Western Argentina with distributors of gas in those areas and in the Greater Buenos Aires area.
  • Nabors Industries Ltd. (NYSE:NBR): The shares closed at $14.18, down $0.64, or 4.32%, on the day. Its market capitalization is $4.08 billion. About the company: Nabors Industries Ltd, is a land drilling contractor, and also performs well servicing and workovers. The Company conducts oil, gas, and geothermal land drilling operations. Nabors’ well-site services include oilfield management, well logging, and other support services.
  • GMX Resources Inc. (NYSE:GMXR): The shares closed at $13.11, down $0.57, or 4.17%, on the day. Its market capitalization is $409.21 million. About the company: GMX Resources Inc. acquires and develops oil and gas properties in the United States. The Company currently holds interests in producing and undeveloped properties located primarily in Texas, Louisiana, Kansas, and New Mexico. GMX is concentrating its efforts on the acquisition and development of gas reserves.
  • Tidewater Inc. (NYSE:TDW): The shares closed at $44.56, down $1.15, or 2.52%, on the day. Its market capitalization is $2.31 billion. About the company: Tidewater Inc. provides offshore supply vessels and marine support services to the offshore energy exploration, development, and production industry. The Company tows and anchor-handles mobile drilling rigs and equipment, transports supplies and personnel, and supports pipelaying and other offshore construction activities.
  • Western Refining, Inc. (NYSE:WNR): The shares closed at $14.02, down $0.34, or 2.37%, on the day. Its market capitalization is $1.27 billion. About the company: Western Refining, Inc., through a subsidiary, refines crude oil and markets petroleum products. The subsidiary primarily produces gasoline, diesel, and jet fuel. The products are marketed in Arizona, New Mexico and Texas in the United States, and Juarez, Mexico.

(Note: Selected financial data are sourced from Google Finance. All data are assumed to be accurate.)

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