The Worst Performers in the Energy Sector over the Quarter to Date Period

Wall St. Watchdog reveals information about the worst-performing companies in the Energy sector (as measured by share price) over the quarter-to-date period:

  • Exterran Holdings, Inc. (NYSE:EXH): This company’s shares declined by 49.42% for the quarter-to-date period. The shares recently traded at $10.03 and the company’s market capitalization is $641,285,000. About the company: Exterran Holdings Inc. is a holding company. The Company, through its subsidiaries, provides natural gas compression services as well as provides service, fabrication and equipment for oil and natural gas production, processing and transportation applications.
  • Patriot Coal Corporation (NYSE:PCX): This company’s shares declined by 46.77% for the quarter-to-date period. The shares recently traded at $11.85 and the company’s market capitalization is $1,082,240,000. About the company: Patriot Coal Corporation is a coal mining company. The Company operates in Central and Northern Appalachia and the Illinois Basin.
  • SandRidge Energy Inc. (NYSE:SD): This company’s shares declined by 40.99% for the quarter-to-date period. The shares recently traded at $6.29 and the company’s market capitalization is $2,594,177,000. About the company: SandRidge Energy Inc. explores and produces natural gas and crude oil. The Company and its subsidiaries own and operate gas gathering and processing facilities and CO2 treating and transportation facilities. Sandridge energy conducts marketing and tertiary oil recovery operations.
  • McDermott International (NYSE:MDR): This company’s shares declined by 40.94% for the quarter-to-date period. The shares recently traded at $11.70 and the company’s market capitalization is $2,746,163,000. 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.
  • Solazyme Inc (NASDAQ:SZYM): This company’s shares declined by 40.79% for the quarter-to-date period. The shares recently traded at $13.60 and the company’s market capitalization is $811,505,100. About the company: Solazyme, Inc. (Solazyme) makes oil. The Company’s technology transforms a range of plant-based sugars into oils. Its renewable products can replace or enhance oils derived from the world’s three existing sources-petroleum, plants and animal fats.
  • CGG Veritas (ADR) (NYSE:CGV): This company’s shares declined by 39.97% for the quarter-to-date period. The shares recently traded at $22.05 and the company’s market capitalization is $3,390,336,010. About the company: Compagnie Generale de Geophysique-Veritas (CGG-Veritas) provides geophysical services and software products and manufactures geophysical equipment. The Company’s products and services use seismic imaging to help the oil and gas industries explore and develop reserves. CGG-Veritas operates in the Americas, Asia-Pacific, Europe, the former Soviet Union, and Africa.
  • Quicksilver Resources Inc (NYSE:KWK): This company’s shares declined by 39.77% for the quarter-to-date period. The shares recently traded at $8.89 and the company’s market capitalization is $1,521,236,000. About the company: Quicksilver Resources Inc. is involved in the acquisition, development, exploration, production, and sale of natural gas and crude oil. The Company also conducts operations in the gathering, processing, and transmission of natural gas. Quicksilver owns properties in Michigan, Wyoming, and Montana in the United States, and in Canada.
  • Basic Energy Services, Inc (NYSE:BAS): This company’s shares declined by 39.24% for the quarter-to-date period. The shares recently traded at $19.12 and the company’s market capitalization is $811,223,900. 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.
  • Mcmoran Exploration Co (NYSE:MMR): This company’s shares declined by 38.80% for the quarter-to-date period. The shares recently traded at $11.31 and the company’s market capitalization is $1,792,483,000. About the company: McMoRan Exploration Co. explores for and produces oil and gas offshore in the Gulf of Mexico and onshore in the Gulf Coast area.
  • Carrizo Oil + Gas, Inc. (NASDAQ:CRZO): This company’s shares declined by 37.75% for the quarter-to-date period. The shares recently traded at $25.99 and the company’s market capitalization is $1,021,349,000. About the company: Carrizo Oil & Gas, Inc. explores for and produces natural gas and crude oil. The Company develops and exploits onshore properties along the Texas and Louisiana Gulf Coast regions.
  • Cobalt International Energy, Inc. (NYSE:CIE): This company’s shares declined by 37.56% for the quarter-to-date period. The shares recently traded at $8.51 and the company’s market capitalization is $3,336,118,000. About the company: Cobalt International Energy, Inc. is an oil-focused exploration and production company. The Company explores for oil in the deep offshore waters of the U.S. Gulf of Mexico and West Africa, with an emphasis on sub-salt and pre-salt exploration, development, and production.
  • Walter Energy, Inc. (NYSE:WLT): This company’s shares declined by 37.30% for the quarter-to-date period. The shares recently traded at $72.61 and the company’s market capitalization is $4,518,217,000. About the company: Walter Energy, Inc. mines coal. The Company produces metallurgical and steam and industrial coal,; manufactures blast furnace, foundry, industrial and buckwheat coke; and produces light oil, coal tar, and ammonium sulfate. Walter Energy also degasifies coalbeds and sells the gas to a utility.
  • ION Geophysical Corporation (NYSE:IO): This company’s shares declined by 37.10% for the quarter-to-date period. The shares recently traded at $5.95 and the company’s market capitalization is $923,075,800. About the company: ION Geophysical Corporation provides geophysical technology, services, and solutions for the global oil and gas industry.
  • Arch Coal Inc (NYSE:ACI): This company’s shares declined by 36.27% for the quarter-to-date period. The shares recently traded at $16.99 and the company’s market capitalization is $3,620,258,000. About the company: Arch Coal, Inc. mines, processes, and markets low sulfur coal from surface, underground, and auger mines located in the western United States and in the central Appalachian region. The Company markets its coal primarily to electric utilities.
  • Advantage Oil + Gas Ltd. (NYSE:AAV): This company’s shares declined by 34.55% for the quarter-to-date period. The shares recently traded at $5.22 and the company’s market capitalization is $858,458,342. About the company: Advantage Oil & Gas Ltd. is an intermediate oil and natural gas corporation with properties located in Western Canada.
  • Energy XXI (Bermuda) Limited (NASDAQ:EXXI): This company’s shares declined by 33.65% for the quarter-to-date period. The shares recently traded at $22.04 and the company’s market capitalization is $1,685,560,000. About the company: Energy XXI (Bermuda) Ltd. explores for and produces oil and natural gas. The Company operates along the United States’ Gulf Coast and in the Gulf of Mexico.
  • Nabors Industries Ltd. (NYSE:NBR): This company’s shares declined by 33.60% for the quarter-to-date period. The shares recently traded at $16.36 and the company’s market capitalization is $4,703,272,000. About the company: Nabors Industries Ltd, is a land drilling contractor, and also performs well servicing and workovers. The Company conducts oil, gas, and geothermal land drilling operations. Nabors’ well-site services include oilfield management, well logging, and other support services.
  • Cimarex Energy Co. (NYSE:XEC): This company’s shares declined by 33.49% for the quarter-to-date period. The shares recently traded at $59.81 and the company’s market capitalization is $5,117,857,000. About the company: Cimarex Energy Co. explores for and produces crude oil and natural gas in the United States. The Company conducts activities primarily in Oklahoma, Kansas, Louisiana, and Texas.
  • Newfield Exploration Co. (NYSE:NFX): This company’s shares declined by 33.03% for the quarter-to-date period. The shares recently traded at $45.55 and the company’s market capitalization is $6,131,887,000. About the company: Newfield Exploration Company is an independent oil and gas company which explores, develops, and acquires oil and natural gas properties. The Company operates in the Gulf of Mexico, in the onshore United States Gulf Coast, within the North Sea, within Malaysia, and in the Bohai Bay in China.
  • Forest Oil Corporation (NYSE:FST): This company’s shares declined by 32.65% for the quarter-to-date period. The shares recently traded at $17.99 and the company’s market capitalization is $2,057,495,000. About the company: Forest Oil Corporation is involved in the acquisition, exploration, development, production, and marketing of natural gas and crude oil in North American and international locations. The Company’s principal reserves and producing properties are located in the United States, including Alaska, the Gulf of Mexico, Louisiana, Oklahoma, Texas, and Wyoming, and in Canada.
  • Patterson-UTI Energy, Inc. (NASDAQ:PTEN): This company’s shares declined by 32.20% for the quarter-to-date period. The shares recently traded at $21.43 and the company’s market capitalization is $3,335,590,000. 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.
  • EXCO Resources Inc (NYSE:XCO): This company’s shares declined by 32.18% for the quarter-to-date period. The shares recently traded at $11.97 and the company’s market capitalization is $2,562,193,000. About the company: EXCO Resources, Inc. explores for oil and natural gas. The Company operates in onshore locations in the United States.
  • Pioneer Drilling Company (AMEX:PDC): This company’s shares declined by 31.69% for the quarter-to-date period. The shares recently traded at $10.41 and the company’s market capitalization is $641,584,200. About the company: Pioneer Drilling Company provides contract land drilling services under the name Pioneer Drilling Co., Ltd. The Company serves independent and major oil and gas operators drilling wells in central, south, and east Texas.

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

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