Energy Sector Review: Winning and Losing Stocks on Oct 21st

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

Gainers (% price change)

  • Petroleum Development (NASDAQ:PETD): The shares closed at $24.50, up $1.85, or 8.17%, on the day. Its market capitalization is $577.98 million. About the company: Petroleum Development Corporation is an oil and gas company with drilling and production operations in the Rocky Mountains, the Appalachian Basin, and Michigan. The Company’s drilling operations are focused on shallow Rocky Mountain gas prospects. Petroleum Development also sponsors publicly registered drilling programs and owns an Appalachian Basin natural gas marketing company.
  • Denbury Resources Inc. (NYSE:DNR): The shares closed at $15.91, up $1.18, or 8.01%, on the day. Its market capitalization is $6.40 billion. About the company: Denbury Resources Inc. acquires, develops, operates and explores oil, and gas properties, primarily in the Gulf Coast region of the United States.
  • Hercules Offshore, Inc. (NASDAQ:HERO): The shares closed at $3.60, up $0.25, or 7.46%, on the day. Its market capitalization is $496.37 million. About the company: Hercules Offshore, Inc. offers offshore contract drilling, liftboat and inland barge services. The Company operates in the United States Gulf of Mexico, the Middle East, India, Latin America, West Africa, and Malaysia. Hercules serves oil and natural gas exploration and production companies.
  • Berry Petroleum Company (NYSE:BRY): The shares closed at $46.17, up $3.05, or 7.07%, on the day. Its market capitalization is $2.47 billion. About the company: Berry Petroleum Company produces, explores for, and markets crude oil and natural gas. The Company’s principal reserves and producing properties are located in Kern, Los Angeles, and Ventura counties in California.
  • Dril-Quip, Inc. (NYSE:DRQ): The shares closed at $63.77, up $3.89, or 6.5%, on the day. Its market capitalization is $2.55 billion. About the company: Dril-Quip, Inc. designs and manufactures offshore drilling and production equipment. The Company’s equipment consists of subsea, surface, and offshore rig equipment for use by oil and gas companies in offshore areas throughout the world. Dril-Quip provides installation and reconditioning services, and also rents running tools.

Losers (% price change)

  • Basic Energy Services (NYSE:BAS): The shares closed at $16.70, down $1.37, or 7.58%, on the day. Its market capitalization is $708.55 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.
  • 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.
  • (): The shares closed at $10.97, down $0.39, or 3.43%, on the day. Its market capitalization is $3.03 billion.
  • Halliburton Company (NYSE:HAL): The shares closed at $33.50, down $0.97, or 2.81%, on the day. Its market capitalization is $30.81 billion. About the company: Halliburton Company provides energy services and engineering and construction services, as well as manufactures products for the energy industry. The Company offers services and products and integrated solutions to customers in the exploration, development, and production of oil and natural gas.
  • Aegean Marine Petroleum (NYSE:ANW): The shares closed at $5.36, down $0.11, or 2.01%, on the day. Its market capitalization is $250.56 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.

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

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