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Cenovus Energy Inc and Other Oil and Gas Operations Stocks Making Big Moves on December 12, 2012
The Nasdaq has been relatively flat, the S&P 500 has increased 0.2% and the Dow has climbed 0.2% after the morning's trading.
The Oil and Gas Operations sector (DIG) is trading up 0.6% overall, and these are the biggest movers in the sector so far:
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After a decline of 8%, Cobalt International Energy (NYSE:CIE) has hit a share price of $25.25. The company is currently trading a volume of 14.3 million shares.
Falling 3%, Cenovus Energy Inc (NYSE:CVE) is currently at a share price of $33.38. The company's volume is currently 610,631 shares for the day, 0.7 times the average daily volume.
Chesapeake Midstream Partners (NYSE:ACMP) is currently trading at a share price of $33.06, a 2.9% decline. The company's volume is currently 552,405 shares. This is greater than yesterday's volume of 138,134 shares.
Hess (NYSE:HES) has increased to a share price of $52, a 2.8% rise. With 2.3 million shares changing hands so far today, the company's volume is 0.8 times the average volume over the last three months.
Approach Resources (Nasdaq:AREX) is up 2.5% to reach a current price of $25.62 per share. So far today, the company's volume is 182,391 shares.
Western Refining (NYSE:WNR) has moved up 2.2% and is currently trading at $29.27 per share. The company's volume is currently 596,040 shares for the day, in keeping with its current daily average.
InterOil Corporation (NYSE:IOC) has risen 1.9% and is currently trading at $54.81 per share. The company is trading at a volume of 260,916 shares. This is on pace to fall short of yesterday's volume of 1.4 million shares.
The Bottom Line On any given day, a particular stock may see positive or negative change in its share price. It is important to weigh current activity against historical performance when making any investment decisions. Keep in mind that all these ratios should be compared against historical numbers and industry information in order to get a more complete picture.
The Oil and Gas Operations sector (DIG) is trading up 0.6% overall, and these are the biggest movers in the sector so far:
| Company | Market Cap | Percentage Change |
| Cobalt International Energy (NYSE:CIE) | $11.27 billion | -8% |
| Cenovus Energy Inc (NYSE:CVE) | $25.99 billion | -3% |
| Chesapeake Midstream Partners (NYSE:ACMP) | $5.04 billion | -2.9% |
| Hess (NYSE:HES) | $17.27 billion | +2.8% |
| Approach Resources (Nasdaq:AREX) | $963.5 million | +2.5% |
| Western Refining (NYSE:WNR) | $2.53 billion | +2.2% |
| InterOil Corporation (NYSE:IOC) | $2.6 billion | +1.9% |
After a decline of 8%, Cobalt International Energy (NYSE:CIE) has hit a share price of $25.25. The company is currently trading a volume of 14.3 million shares.
Falling 3%, Cenovus Energy Inc (NYSE:CVE) is currently at a share price of $33.38. The company's volume is currently 610,631 shares for the day, 0.7 times the average daily volume.
Chesapeake Midstream Partners (NYSE:ACMP) is currently trading at a share price of $33.06, a 2.9% decline. The company's volume is currently 552,405 shares. This is greater than yesterday's volume of 138,134 shares.
Approach Resources (Nasdaq:AREX) is up 2.5% to reach a current price of $25.62 per share. So far today, the company's volume is 182,391 shares.
Western Refining (NYSE:WNR) has moved up 2.2% and is currently trading at $29.27 per share. The company's volume is currently 596,040 shares for the day, in keeping with its current daily average.
InterOil Corporation (NYSE:IOC) has risen 1.9% and is currently trading at $54.81 per share. The company is trading at a volume of 260,916 shares. This is on pace to fall short of yesterday's volume of 1.4 million shares.
The Bottom Line On any given day, a particular stock may see positive or negative change in its share price. It is important to weigh current activity against historical performance when making any investment decisions. Keep in mind that all these ratios should be compared against historical numbers and industry information in order to get a more complete picture.
by
Investopedia Staff
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