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)

  • McDermott International (NYSE:MDR): The shares closed at $11.23, up $0.47, or 4.37%, on the day. Its market capitalization is $2.64 billion. About the company: McDermott International, Inc. is a worldwide energy services company. The Company and its subsidiaries provide engineering, fabrication, installation, procurement, research, manufacturing, environmental systems, project management, and facility management services to a variety of customers in the energy and power industries, including the U.S. Department of Energy.
  • Targa Resources Partners (NYSE:NGLS): The shares closed at $24.45, up $0.69, or 2.9%, on the day. Its market capitalization is $1.82 billion. About the company: Targa Resources Partners LP acquires, owns, develops, and operates a diversified portfolio of complementary midstream energy assets. The Company is involved in the gathering, compressing, treating, processing and selling natural gas and fractionating and selling natural gas liquids, or NGLs, and NGL products.
  • Inergy, L.P. (NYSE:NRGY): The shares closed at $37.34, up $0.37, or 1%, on the day. Its market capitalization is $2.45 billion. About the company: Inergy, L.P. is an energy infrastructure and distribution company. Inergy operates a retail and wholesale propane supply, marketing and distribution business. The Company also operates a midstream business that includes a natural gas storage business, a liquefied petroleum gas storage business, a natural gas liquids business and a solution-mining and salt production company.
  • Advantage Oil & Gas Ltd. (NYSE:AAV): The shares closed at $3.76, up $0.02, or 0.53%, on the day. Its market capitalization is $622.66 million. About the company: Advantage Oil & Gas Ltd. is an intermediate oil and natural gas corporation with properties located in Western Canada.

Losers (% price change)

  • Cheniere Energy, Inc. (AMEX:LNG): The shares closed at $4.00, down $1.15, or 22.33%, on the day. Its market capitalization is $330.89 million. About the company: Cheniere Energy, Inc., through subsidiaries, develops liquefied natural gas terminals, and explores for oil and natural gas. The Company explores for oil and gas in the Gulf of Mexico.
  • Aegean Marine Petroleum (NYSE:ANW): The shares closed at $3.73, down $0.78, or 17.29%, on the day. Its market capitalization is $174.37 million. About the company: Aegean Marine Petroleum Network Inc. supplies and markets refined marine fuel and lubricants to ships in port and at sea. The Company also owns and operates a fleet of bunkering tankers in multiple jurisdictions.
  • North American Energy (NYSE:NOA): The shares closed at $4.90, down $0.92, or 15.81%, on the day. Its market capitalization is $177.62 million. About the company: North American Energy Partners Inc. is a resource services provider to oil and natural gas, and other natural resource companies, with a primary focus in the Canadian oil sands. The Company provides a range of mining and site preparation, piling and pipeline installation services.
  • Callon Petroleum Company (NYSE:CPE): The shares closed at $3.27, down $0.6, or 15.5%, on the day. Its market capitalization is $128.78 million. About the company: Callon Petroleum Company acquires, develops, and explores oil and gas properties. The Company’s properties are concentrated offshore in the Gulf of Mexico and onshore in Louisiana and Alabama.
  • Dynegy Inc. (NYSE:DYN): The shares closed at $3.50, down $0.62, or 15.05%, on the day. Its market capitalization is $428.52 million. About the company: Dynegy Inc. provides electricity to markets and customers throughout the United States. The Company’s sell electric energy, capacity and ancillary services on a wholesale basis from its power generation facilities.

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

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