Free Annual Reports
Oil and Gas Operations Stocks, Including Hess, Making Big Moves on December 11, 2012
The Nasdaq is trading up 1.7%, the S&P 500 has moved up 1% and the Dow has increased 0.9% on a good day for the market so far.
Underperforming the market overall, the Oil and Gas Operations sector (DIG) is up 1.1%, and these are its current biggest movers:
Broker Summary: E-Trade Financial
Rising 2.3%, InterOil Corporation (NYSE:IOC) is currently trading at $53.40 per share. At 587,590 shares, the company's volume so far today is 0.7 times the current three-month average.
PDC Energy (Nasdaq:PDCE) has fallen 2.3% and is currently trading at $33.92 per share. So far today, the company's volume is 671,202 shares.
Continental Resources (NYSE:CLR) is currently trading at $76.05 per share, a 2.2% increase. At 726,136 shares, the company's volume so far today is in line with the current daily average.
Hess (NYSE:HES) has moved up 1.7% and is currently trading at $50.88 per share. The company's volume for the day so far is 1.1 million shares. This is on pace to reach yesterday's trading volume of 2.8 million shares.
HollyFrontier (NYSE:HFC) is at $44.57 per share after an increase of 1.5%. With 927,221 shares changing hands so far today, the company's volume is 0.4 times its current three-month average.
After rising 1.3%, Concho Resources (NYSE:CXO) is currently trading at a share price of $83.62. The company's volume for the day so far is 272,382 shares.
After a decline of 1.2%, Rose Rock (NYSE:RRMS) has hit a share price of $30.17. So far today, the company's volume is 16,040 shares, 2.2 times the average daily volume.
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.
Underperforming the market overall, the Oil and Gas Operations sector (DIG) is up 1.1%, and these are its current biggest movers:
| Company | Market Cap | Percentage Change |
| InterOil Corporation (NYSE:IOC) | $2.52 billion | +2.3% |
| PDC Energy (Nasdaq:PDCE) | $1.05 billion | -2.3% |
| Continental Resources (NYSE:CLR) | $13.76 billion | +2.2% |
| Hess (NYSE:HES) | $17.08 billion | +1.7% |
| HollyFrontier (NYSE:HFC) | $8.92 billion | +1.5% |
| Concho Resources (NYSE:CXO) | $8.64 billion | +1.3% |
| Rose Rock (NYSE:RRMS) | $512.6 million | -1.2% |
Rising 2.3%, InterOil Corporation (NYSE:IOC) is currently trading at $53.40 per share. At 587,590 shares, the company's volume so far today is 0.7 times the current three-month average.
PDC Energy (Nasdaq:PDCE) has fallen 2.3% and is currently trading at $33.92 per share. So far today, the company's volume is 671,202 shares.
Continental Resources (NYSE:CLR) is currently trading at $76.05 per share, a 2.2% increase. At 726,136 shares, the company's volume so far today is in line with the current daily average.
HollyFrontier (NYSE:HFC) is at $44.57 per share after an increase of 1.5%. With 927,221 shares changing hands so far today, the company's volume is 0.4 times its current three-month average.
After rising 1.3%, Concho Resources (NYSE:CXO) is currently trading at a share price of $83.62. The company's volume for the day so far is 272,382 shares.
After a decline of 1.2%, Rose Rock (NYSE:RRMS) has hit a share price of $30.17. So far today, the company's volume is 16,040 shares, 2.2 times the average daily volume.
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.
by
Investopedia Staff
Investopedia.com believes that individuals can excel at managing their financial affairs. As such, we strive to provide free educational content and tools to empower individual investors, including thousands of original and objective articles and tutorials on a wide variety of financial topics.
Free Annual Reports
