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)

  • Range Resources Corp. (NYSE:RRC): The shares closed at $67.96, up $3.07, or 4.73%, on the day. Its market capitalization is $10.95 billion. About the company: Range Resources Corporation is an independent oil and gas company that explore, develops, and acquires oil and gas properties. The Company conducts operations primarily in the Southwestern, Appalachian and Gulf Coast regions of the United States.
  • 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.
  • Petrobras Argentina SA (NYSE:PZE): The shares closed at $15.76, up $0.21, or 1.35%, on the day. Its market capitalization is $1.59 billion. About the company: Petrobras Argentina S.A. explores for, produces, refines, and transports oil and natural gas in South America. The Company also manufactures styrene and synthetic rubber, fertilizers, polypropylene and polystyrene, generates and distributes electricity, and operates lumber and agricultural businesses in Argentina.
  • Global Partners LP (NYSE:GLP): The shares closed at $20.91, up $0.21, or 1.01%, on the day. Its market capitalization is $456.07 million. About the company: Global Partners LP owns, controls or has access to a terminal network of refined petroleum products in New England, located in the United States. The Company is a wholesale distributor of distillates such as home heating oil, gasoline, and residual oil. Global Partners serves wholesalers, retailers, and commercial customers.
  • Star Gas Partners, L.P. (NYSE:SGU): The shares closed at $5.01, up $0.05, or 1.01%, on the day. Its market capitalization is $339.32 million. About the company: Star Gas Partners, L.P. distributes home heating oil and propane to customers in the Northeast and Mid-Atlantic. The Company also operates as an active consolidator in these industries. Star Gas Partners distributes home heating oil through its wholly-owned subsidiary and distributes propane directly.

Losers (% price change)

  • (): The shares closed at $22.30, down $4.62, or 17.16%, on the day. Its market capitalization is $5.05 billion.
  • James River Coal Company (NASDAQ:JRCC): The shares closed at $7.74, down $1.32, or 14.57%, on the day. Its market capitalization is $275.53 million. About the company: James River Coal Company, through subsidiaries, mines coal. The Company’s subsidiaries operate in Kentucky.
  • Basic Energy Services (NYSE:BAS): The shares closed at $15.86, down $2.44, or 13.33%, on the day. Its market capitalization is $672.91 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.
  • Union Drilling, Inc. (NASDAQ:UDRL): The shares closed at $5.96, down $0.87, or 12.74%, on the day. Its market capitalization is $138.22 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.
  • Walter Energy, Inc. (NYSE:WLT): The shares closed at $66.25, down $8.75, or 11.67%, on the day. Its market capitalization is $4.14 billion. About the company: Walter Energy, Inc. mines coal. The Company produces metallurgical and steam and industrial coal,; manufactures blast furnace, foundry, industrial and buckwheat coke; and produces light oil, coal tar, and ammonium sulfate. Walter Energy also degasifies coalbeds and sells the gas to a utility.

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

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