Energy Sector Review: Winning and Losing Stocks on Oct 6th

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

Gainers (% price change)

  • Superior Energy Services (NYSE:SPN): The shares closed at $28.29, up $2.58, or 10.04%, on the day. Its market capitalization is $2.26 billion. About the company: Superior Energy Services, Inc. provides specialized oilfield services and equipment. The Company conducts operations offshore in the Gulf of Mexico and throughout the Gulf Coast region. Superior leases oilfield equipment, provides oil and gas well plug and abandonment services, and provides other equipment and services.
  • National-Oilwell Varco (NYSE:NOV): The shares closed at $59.47, up $4.36, or 7.91%, on the day. Its market capitalization is $25.20 billion. About the company: National Oilwell Varco Inc. designs, manufactures, and sells machinery, equipment, and downhole products used in oil and gas drilling and production. The Company also provides oilfield inspection and other services, and supply chain integration services to the upstream oil and gas industry.
  • Parker Drilling Company (NYSE:PKD): The shares closed at $4.72, up $0.34, or 7.76%, on the day. Its market capitalization is $551.87 million. About the company: Parker Drilling Company provides contract drilling and drilling related services. The Company operates around the world.
  • EV Energy Partners, L.P. (NASDAQ:EVEP): The shares closed at $72.61, up $4.86, or 7.17%, on the day. Its market capitalization is $2.48 billion. About the company: EV Energy Partner LP explores for oil and natural gas.
  • Denbury Resources Inc. (NYSE:DNR): The shares closed at $11.92, up $0.77, or 6.91%, on the day. Its market capitalization is $4.80 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.

Losers (% price change)

  • 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.
  • McDermott International (NYSE:MDR): The shares closed at $12.90, down $0.45, or 3.37%, on the day. Its market capitalization is $3.03 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.
  • Dynegy Inc. (NYSE:DYN): The shares closed at $3.65, down $0.12, or 3.18%, on the day. Its market capitalization is $446.89 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.
  • (): The shares closed at $19.17, down $0.53, or 2.69%, on the day. Its market capitalization is $4.34 billion.
  • Patterson-UTI Energy, Inc (NASDAQ:PTEN): The shares closed at $17.06, down $0.42, or 2.4%, on the day. Its market capitalization is $2.66 billion. About the company: Patterson-UTI Energy, Inc. provides land-based drilling services to major and independent oil and natural gas companies. The Company conducts drilling operations in Texas, New Mexico, Utah, Oklahoma, Louisiana, and western Canada. Patterson-UTI is also involved in pressure pumping, oil and gas exploration and production, and drilling and completion fluids services.

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

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