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)

  • 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.

Losers (% price change)

  • CARBO Ceramics Inc. (NYSE:CRR): The shares closed at $126.43, down $21.61, or 14.6%, on the day. Its market capitalization is $2.93 billion. About the company: CARBO Ceramics Inc. produces and supplies ceramic proppants for use in the oil and gas industry. The Company also provides foundry metal casting, and industrial mineral grinding. Carbo has manufacturing plants located worldwide.
  • Cheniere Energy, Inc. (AMEX:LNG): The shares closed at $5.50, down $0.94, or 14.6%, on the day. Its market capitalization is $454.97 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.
  • Tesco Corporation (NASDAQ:TESO): The shares closed at $11.79, down $1.81, or 13.31%, on the day. Its market capitalization is $450.35 million. About the company: Tesco Corporation is an international oilfield service company operating worldwide. The Company designs, manufactures, sells, and operates top drive and underbalanced drilling systems, completion products, and control, electrical, and hydraulic systems.
  • Aegean Marine Petroleum (NYSE:ANW): The shares closed at $4.40, down $0.66, or 13.04%, on the day. Its market capitalization is $205.69 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.
  • Callon Petroleum Company (NYSE:CPE): The shares closed at $4.39, down $0.64, or 12.72%, on the day. Its market capitalization is $172.89 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.

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

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