Cabot Oil & Gas Among Oil and Gas Operations' Biggest Movers on January 2, 2013
On a good day for the market, the Nasdaq has moved up 2.3%, the S&P 500 has increased 1.8% and the Dow has risen 1.9%.
Broker Summary: Charles Schwab Online Brokerage
After an increase of 9.3%, InterOil Corporation (NYSE:IOC) has reached a current price of $60.69. So far today, the company's volume is 568,792 shares. Yesterday's volume was only 567,122 shares.
BP Prudhoe Bay (NYSE:BPT) has risen 4.7% to hit a current price of $71.76 per share. At 133,976 shares, the company's volume so far today is in keeping with its current daily average.
Calumet Specialty Products Partners (Nasdaq:CLMT) is currently trading at $31.72 per share, a 4.4% increase. The company's volume for the day so far is 243,039 shares.
After a decline of 4.3%, Alon USA Energy (NYSE:ALJ) has hit a share price of $17.32. So far today, the company's volume is 661,143 shares, 1.3 times the current three-month average.
Targa Resources (NYSE:NGLS) is at $38.68 per share after an increase of 3.5%. So far today, 362,927 shares of the company's stock have changed hands. This is more trading activity than there was yesterday.
Cabot Oil & Gas (NYSE:COG) is trading at $48.04 per share, down 3.4%. So far today, the company's volume is 1.7 million shares, 0.9 times its current daily average.
Ultra (NYSE:UPL) has fallen 3.3% and is currently trading at $17.53 per share. The company is currently trading a volume of 1.7 million shares.
The Bottom Line No matter the economic climate, Wall Street will always have stocks that make major moves each week. It is important to weigh current activity against historical performance when making any investment decisions. Tools like valuation ratios and profit margins, however, are only as useful as the context you put them in; remember to take historical data and competitor performance into account.
| Company | Market Cap | Percentage Change |
| InterOil Corporation (NYSE:IOC) | $2.68 billion | +9.3% |
| BP Prudhoe Bay (NYSE:BPT) | $1.47 billion | +4.7% |
| Calumet Specialty Products Partners (Nasdaq:CLMT) | $1.75 billion | +4.4% |
| Alon USA Energy (NYSE:ALJ) | $1.11 billion | -4.3% |
| Targa Resources (NYSE:NGLS) | $3.74 billion | +3.5% |
| Cabot Oil & Gas (NYSE:COG) | $10.46 billion | -3.4% |
| Ultra (NYSE:UPL) | $2.77 billion | -3.3% |
After an increase of 9.3%, InterOil Corporation (NYSE:IOC) has reached a current price of $60.69. So far today, the company's volume is 568,792 shares. Yesterday's volume was only 567,122 shares.
BP Prudhoe Bay (NYSE:BPT) has risen 4.7% to hit a current price of $71.76 per share. At 133,976 shares, the company's volume so far today is in keeping with its current daily average.
Calumet Specialty Products Partners (Nasdaq:CLMT) is currently trading at $31.72 per share, a 4.4% increase. The company's volume for the day so far is 243,039 shares.
Targa Resources (NYSE:NGLS) is at $38.68 per share after an increase of 3.5%. So far today, 362,927 shares of the company's stock have changed hands. This is more trading activity than there was yesterday.
Cabot Oil & Gas (NYSE:COG) is trading at $48.04 per share, down 3.4%. So far today, the company's volume is 1.7 million shares, 0.9 times its current daily average.
Ultra (NYSE:UPL) has fallen 3.3% and is currently trading at $17.53 per share. The company is currently trading a volume of 1.7 million shares.
The Bottom Line No matter the economic climate, Wall Street will always have stocks that make major moves each week. It is important to weigh current activity against historical performance when making any investment decisions. Tools like valuation ratios and profit margins, however, are only as useful as the context you put them in; remember to take historical data and competitor performance into account.

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