Investors are Buying These Energy Stocks

Following is a list of 10 companies in the Energy sector whose stock are trading above their 50-day moving average.  Criteria for this screen are:

  • The shares trade on an American exchange.
  • Market capitalization is at least $1 billion.
  • The sector in which the company operates is Energy.  The Energy sector includes all companies that operate in the following industries: Coal, Oil & Gas, Oil & Gas Related Equipment and Services
  • Renewable Energy

Our screen returned 18 companies in this sector.  The 10 that follow have the highest percentage price change of their 50-day moving average.  As should be expected for momentum trades of this type, the stock trading the highest above their 50-day moving average tend to be relatively smaller companies.

  • Cabot Oil + Gas Corporation (NYSE:COG): This company has a market capitalization of $6,540,669,000. The stock last traded at $62.61, which is 11.43% above its 50-day moving average. About the company: Cabot Oil & Gas Corporation is an independent oil and gas company that develops, exploits, and explores oil and gas properties located in North America. The Company holds interests Appalachian Basin, onshore Gulf Coast, including south and east Texas and north Louisiana, the Rocky Mountains and the Anadarko Basin as well as in the deep gas basin of Western Canada.
  • CVR Energy, Inc. (NYSE:CVI): This company has a market capitalization of $1,979,740,000. The stock last traded at $22.91, which is 7.34% above its 50-day moving average. About the company:  CVR Energy, Inc. is an independent refiner and marketer of transportation fuels. The Company, also through a limited partnership produces ammonia and urea ammonia nitrate, or UAN, fertilizers.
  • Core Laboratories N.V. (NYSE:CLB): This company has a market capitalization of $4,812,617,000. The stock last traded at $105.51, which is 6.64% above its 50-day moving average. About the company:  Core Laboratories N.V. provides reservoir description, production enhancement, and reservoir management services. The Company’s customers include major, national, and independent oil and gas producers. Core also manufactures and sells petroleum reservoir rock and fluid analysis instrumentation and other integrated systems.
  • Bill Barrett Corporation (NYSE:BBG): This company has a market capitalization of $2,101,004,000. The stock last traded at $44.52, which is 5.40% above its 50-day moving average. About the company:  Bill Barrett Corporation is an independent oil and gas company focused on natural gas exploration and development in the Rocky Mountain region of the United States.
  • Basic Energy Services, Inc (NYSE:BAS): This company has a market capitalization of $1,191,388,000. The stock last traded at $28.23, which is 5.22% above its 50-day moving average. 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.
  • Bristow Group Inc. (NYSE:BRS): This company has a market capitalization of $1,688,567,000. The stock last traded at $46.52, which is 4.89% above its 50-day moving average. About the company:  Bristow Group, Inc. provides helicopter transportation services to the offshore oil and gas industry. Through its subsidiaries, affiliates, and joint ventures, the Company offers transportation services in oil and gas producing regions around the world.
  • Apco Oil + Gas International Inc. (NASDAQ:APAGF): This company has a market capitalization of $2,516,048,000. The stock last traded at $85.46, which is 4.18% above its 50-day moving average. About the company:  Apco Oil and Gas International Inc. is an international oil and gas exploration and production company. The Company explores, produces, and develops oil and gas properties in Argentina.
  • Holly Corporation (NYSE:HOC): This company has a market capitalization of $3,305,361,000. The stock last traded at $62.00, which is 3.64% above its 50-day moving average. About the company:  Holly Corporation, through its affiliates, refines, transports, stores and markets petroleum products. The Company’s refineries produce light products such as gasoline, diesel fuel, and jet fuel which are marketed in the southwestern United States, northern Mexico, and Montana.
  • Frontier Oil Corporation (NYSE:FTO): This company has a market capitalization of $3,172,365,000. The stock last traded at $29.80, which is 3.58% above its 50-day moving average. About the company:  Frontier Oil Corporation conducts crude oil refining in the Rocky Mountain region of the United States. The Company sells refined products to a variety of independent retailers, jobbers, and major oil companies.
  • Macquarie Infrastructure Company LLC (NYSE:MIC): This company has a market capitalization of $1,187,555,000. The stock last traded at $25.90, which is 2.96% above its 50-day moving average. About the company:  Macquarie Infrastructure Company LLC owns, operates, and invests in infrastructure businesses in the United States. The Company’s businesses and investments include an airport services business, a gas production and distribution, a district energy business, off-airport parking business and an interest in a company that owns and operates a bulk liquid storage terminals.

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

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