Oil Companies Top Stocks in Demand This Morning: NBR, CIE, RES, CPX, BRY

Through the opening portion of the trading day on Monday, October 10, 2011, the Dow (NYSE:DIA) is up 275.8 points to 11,378, the NASDAQ (NASDAQ:QQQ) is up 75.4 points to 2,554 and the S&P500 (NYSE:SPY) is up 34.2 points to 1,189. Here are some of today’s biggest gainers by price.

Investing Insights: Here’s Why Gold is the Commodity Above All Others.

Nabors Industries Ltd. (NYSE:NBR) is among the top gainers as its shares are trading at $15.14, up $1.72 (+12.8%) from the previous close of $13.42. Nabors Industries conducts oil, gas and geothermal land drilling operations in the Americas, Caribbean, Middle East, Far East, Russia, and Africa.

Stock Price Performance: From July 14, 2011, to October 7, 2011, the stock price had fallen $10.95 (-44.9%) from $24.37 to $13.42. The stock price saw one of its best stretches over the last year between September 9, 2011 and September 15, 2011 when shares rose for five straight trading days, rising 10.2% (+$1.71). It saw one of its worst periods between July 28, 2011 and August 8, 2011 when shares fell for eight straight trading days, falling 32.8% (-$8.80).

Shares of COBALT INTERNATIONAL ENERGY INC COBALT INTERNATIONAL ENERGY INC (NYSE:CIE) are trading at $8.72, up 96 cents (+12.3%) from the previous close of $7.77.

Stock Price Performance: From July 14, 2011, to October 7, 2011, the stock price had fallen $5.74 (-42.5%) from $13.51 to $7.77. The stock price saw one of its best stretches over the last year between February 9, 2011 and February 18, 2011 when shares rose for eight straight trading days, rising 10.1% (+$1.37). It saw one of its worst periods between December 7, 2010 and December 17, 2010 when shares fell for nine straight trading days, falling 12.4% (-$1.64).

Rpc Inc. (NYSE:RES) is among the top gainers as its shares are trading at $18.56, up $1.67 (+9.9%) from the previous close of $16.89. RPC provides a range of specialized oil field services and equipment, mainly to oil and gas companies engaged in the exploration, production and development of oil and gas properties.

Stock Price Performance: From July 14, 2011, to October 7, 2011, the stock price had fallen $8.66 (-33.9%) from $25.55 to $16.89. The stock price saw one of its best stretches over the last year between April 12, 2011 and April 25, 2011 when shares rose for nine straight trading days, rising 21.1% (+$4.61). It saw one of its worst periods between July 22, 2011 and August 2, 2011 when shares fell for eight straight trading days, falling 16.5% (-$4.42).

The stock price is up for Complete Production Services, Inc. (NYSE:CPX), as shares are trading at $27.36, up $6.97 (+34.2%) from the previous close of $20.38.

Stock Price Performance: From July 14, 2011, to October 7, 2011, the stock price had fallen $15.66 (-43.5%) from $36.04 to $20.38. The stock price saw one of its best stretches over the last year between October 28, 2010 and November 10, 2010 when shares rose for 10 straight trading days, rising 24.9% (+$5.79). It saw one of its worst periods between September 14, 2011 and September 23, 2011 when shares fell for eight straight trading days, falling 27.7% (-$7.61).

Berry Petroleum Co. (NYSE:BRY) is among the top gainers as its shares are trading at $39.11, up $3.16 (+8.8%) from the previous close of $35.95. Berry Petroleum is an independent energy company engaged in the production, development, acquisition, exploitation of, and exploration for crude oil and natural gas.

Stock Price Performance: From July 14, 2011, to October 7, 2011, the stock price had fallen $16.46 (-31.4%) from $52.41 to $35.95. The stock price saw one of its best stretches over the last year between November 30, 2010 and December 14, 2010 when shares rose for 11 straight trading days, rising 13% (+$4.94). It saw one of its worst periods between May 31, 2011 and June 8, 2011 when shares fell for seven straight trading days, falling 10.1% (-$5.27).