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 $13.95, up $1.05, or 8.14%, on the day. Its market capitalization is $3.27 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.
  • Union Drilling, Inc. (NASDAQ:UDRL): The shares closed at $5.38, up $0.17, or 3.26%, on the day. Its market capitalization is $124.77 million. About the company: Union Drilling, Inc. provides contract drilling services in the United States and Canada. The Company currently markets rigs in the Appalachian Basin, the Uintah Basin, and the Piceance Basin in eastern Utah and western Colorado, as well as rigs in eastern Canada. Union’s rigs are mechanical, truck-mounted or portable, and equipped for fluid and air drilling.
  • 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.
  • Gulfport Energy Corp. (NASDAQ:GPOR): The shares closed at $23.82, up $0.39, or 1.66%, on the day. Its market capitalization is $1.21 billion. About the company: Gulfport Energy Corporation owns and operates oil and gas properties in the Louisiana Gulf Coast area of the United States.
  • Atwood Oceanics, Inc. (NYSE:ATW): The shares closed at $35.50, up $0.54, or 1.54%, on the day. Its market capitalization is $2.31 billion. About the company: Atwood Oceanics, Inc. performs contract drilling of exploratory and development oil and gas wells in offshore areas, and provides related support, management, and consulting services. The Company also provides labor, supervisory, and consulting services to operator-owned platform rigs in Australia.

Losers (% price change)

  • Transportadora de Gas del (NYSE:TGS): The shares closed at $2.70, down $0.2, or 6.9%, on the day. Its market capitalization is $429.03 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.
  • Aegean Marine Petroleum (NYSE:ANW): The shares closed at $3.84, down $0.27, or 6.57%, on the day. Its market capitalization is $179.51 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.
  • Parker Drilling Company (NYSE:PKD): The shares closed at $4.41, down $0.31, or 6.57%, on the day. Its market capitalization is $515.62 million. About the company: Parker Drilling Company provides contract drilling and drilling related services. The Company operates around the world.
  • EXCO Resources Inc (NYSE:XCO): The shares closed at $10.03, down $0.67, or 6.26%, on the day. Its market capitalization is $2.15 billion. About the company: EXCO Resources, Inc. explores for oil and natural gas. The Company operates in onshore locations in the United States.
  • Mcmoran Exploration Co (NYSE:MMR): The shares closed at $9.89, down $0.66, or 6.26%, on the day. Its market capitalization is $1.57 billion. About the company: McMoRan Exploration Co. explores for and produces oil and gas offshore in the Gulf of Mexico and onshore in the Gulf Coast area.

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

Advantage: Check out our interactive stock charts, fundamentals, Twitter stream, and more >>

Improve Your 2011 Financial Health: Join the winning team of stock pickers with Wall St. Cheat Sheet’s acclaimed premium newsletter>>