Posts Tagged ‘Energy Stocks’

CPE gains, BAC busy, TAL goes south

Monday, January 31st, 2011

Callon Petroleum Company (NYSE: CPE) shares galloped 13.3 percent to $8.72, on volume of 680,235 shares, or 50 percent more than its daily average, after a recent poll predicting the Miss.-based CPE would outperform the S&P 500 going forward.

Bank of America Corp. (NYSE: BAC) dealt in 57.3 million shares, rapidly catching up on a daily volume of 87.7 million. Prices improved 1.1 percent to $13.75, on news that BAC is appealing a Nevada judge’s order that blocked 8,900 foreclosures in the state.

Talbots Inc. (NYSE: TLB) shares were off 6.7 percent to $5.57 on volume of seven million shares, compared to a daily average of four million.

NPS goes flying, F trades, ANR plummets

Monday, January 31st, 2011

NPS Pharmaceuticals Inc. (Nasdaq: NPSP) shares climbed 28.9 percent to $9.91, on volume of 4.1 million shares, or more than eight times its daily average, after it said a study yielded positive results on its drug candidate for a rare bowel condition.

Ford Motor Company (NYSE: F) was a volume leader Monday, trading in 61.3 million shares, rapidly catching up on a daily volume of 87.7 million. Prices, however, dipped one percent to $16.10, after Credit Suisse trimmed its price target by following the company’s 4Q10 earnings miss.

Alpha Natural Resources Inc. (NYSE: ANR) shares were off 7.3% to $53.70 on news over the weekend that it will acquire coal producer Massey Energy Co. (NYSE: MEE). Volume for ANR was 18.2 million shares, more than six times normal.

HP a champion, F makes deals, MUR dips on numbers

Thursday, January 27th, 2011

Helmerich & Payne Inc. (NYSE: HP) shares rose 9.8% to $56.80. Volume was four million shares, overwhelming an average of 1.1 million. The Tulsa energy-drilling company reported fiscal first-quarter earnings surged 65 percent, beating analysts’ expectations.

Ford Motor Company (NYSE: F) traded in 51 million shares Thursday, compared to a daily average of 83.7 million. Share prices gained 2.3 percent to $18.80. Ford will post its fourth-quarter results early Friday, and Wall Street is looking for the auto maker to boast its biggest annual profit since the turn of the century.

Murphy Oil Corporation (NYSE: MUR) shares ditched 10.2 percent to $65.77. Volume was 9.5 million shares, proving more than six times its daily average. MUR had an earnings call scheduled for earlier this afternoon.

MMTE energetic, CGFIA busy, MCET miserable

Wednesday, January 26th, 2011

Mammoth Energy Group (OTCBB: MMTE) climbed 18.2 percent Wednesday to 13-100ths of a cent. Volume was 120.4 million shares, compared to a daily average of 43.8 million.

Colorado Goldfields Inc. (OTCBB: CGFIA) traded in 138.2 million shares Wednesday, compared to an average of 50.6 million. Prices for the stock tumbled, however, 87.4 percent, to 12-100ths of a cent. CGFIA is a mining exploration stage company engaged in the acquisition and exploration of mineral properties, mainly for gold, silver, zinc, copper and lead.

MultiCell Technologies Inc. (OTCBB: MCET) dumped 25.7 percent Wednesday to 1.04 cents, on volume of 57.2 million shares, or about eight times its usual daily average. MCET has specialized in developing main liver cell immortalization technologies to produce cell-based assay systems for use in drug discovery.

BIOF busy, BAC in trouble, EK out of focus

Wednesday, January 26th, 2011

BioFuel Energy Corp. (Nasdaq: BIOF) shares improved 18.1 percent to $1.24, on volume of 384,014 shares, just outdistancing its daily average.

Bank of America Corp. (NYSE: BAC) exchanged 65.7 million shares Wednesday, compared to a daily average of 204.5 million. Share prices improved 0.3 percent to $13.67, after the bank was sued by mortgage investors over what they called “massive fraud”.

Eastman Kodak Company (NYSE: EK) shares tumbled 16.6 percent to $3.77, on volume of 35.5 million – four times its daily average — after EK reported its quarterly profit plunged 95 percent and revenue tumbled 25 percent on steep declines in its digital business as well as a drop in intellectual-property licensing revenue.