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EQT and Other Oil and Gas Operations Stocks Making Big Moves on October 25, 2012

October 25, 2012 | Filed Under » ,
Tickers in this Article » EGN, QRE, WLL, EQT, CWEI, CRZO, BBG
The morning has been quiet for the market. The Nasdaq is unchanged; the S&P 500 has moved little; and the Dow has been relatively flat.

As with the overall market, the Oil and Gas Operations sector has shown little movement, but here are its current biggest movers:
CompanyMarket CapPercentage Change
Energen (NYSE:EGN)$3.68 billion-6.1%
QR (NYSE:QRE)$901.6 million-4.3%
Whiting (NYSE:WLL)$5.14 billion-3.8%
EQT (NYSE:EQT)$8.67 billion+3.6%
Clayton Williams Energy (Nasdaq:CWEI)$535.6 million-3.4%
Carrizo Oil & Gas (Nasdaq:CRZO)$993.8 million+2.5%
Bill (NYSE:BBG)$1.14 billion-2.5%
Broker Summary: Fidelity Online Brokerage

Energen (NYSE:EGN) has fallen 6.1% and is currently trading at $47.93 per share. This morning, the company's volume is 448,562 shares. This is 0.9 times the average daily volume.

QR (NYSE:QRE) is currently trading at a share price of $19.36, a 4.3% decline. This morning, 251,317 shares have been traded, consistent with the volume from yesterday while it was 517,515 shares yesterday.

Currently trading at $42.04 per share, Whiting (NYSE:WLL) has fallen 3.8%. So far today, 1.6 million shares have changed hands.

After rising 3.6%, EQT (NYSE:EQT) is currently trading at a share price of $60.06. With one million shares changing hands so far today, the company's volume is 1.1 times the average volume over the last three months.

At $42.53, Clayton Williams Energy (Nasdaq:CWEI) has slipped 3.4%. So far this morning, 38,226 shares have changed hands. This is 0.9 times its average daily volume.

Carrizo Oil & Gas (Nasdaq:CRZO) is at $25.48 per share after an increase of 2.5%. The company's volume is currently 545,142 shares for the day,.

After a decline of 2.5%, Bill (NYSE:BBG) has hit a share price of $23.05. The company is currently trading a volume of 203,303 shares.

The Bottom Line No matter the economic climate, Wall Street will always have stocks that make major moves each week. Daily stock performance should be weighed against historical performance and put in context of the market overall. However, these fundamental metrics must be analyzed with historic data, industry information in addition to firm specific financial statements.

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