Posts Tagged ‘Energy Stocks’

CLF scales cliff, INTC steady, SUTR less than super

Monday, February 14th, 2011

Cliffs Natural Resources Inc. (NYSE: CLF) shares gained 5.8%, to $92.55, on volume of 3.4 million shares, nosing out its daily average of 3.2 million. CLF is enjoying a rally among metals-mining stocks after data showed a jump in Chinese imports of iron ore, copper and other industrial commodities.

Intel Corporation (Nasdaq: INTC) dealt in 37.2 million shares Monday, trailing a daily average of 54.5 million. Prices for the chip-maker drifted lower 0.8% to $21.59, after announcing an investment in half a dozen mobile technology companies.

Sutor Technology Group Ltd. (Nasdaq: SUTR) toppled in price by 11% Monday to $1.94. Volume for SUTR was 497,116 shortly before the close, or nearly five times its average, after announcing quarterly revenues of $99.4 million, compared to $115.2 million for the same period last year, or 13.7% lower.

OEDV overwhelms, PTSH solid, SNAS swoons

Monday, February 14th, 2011

Osage Exploration and Development Inc. (OTCBB: OEDV) galloped ahead 185.7% in price to 20 cents Monday, on volume of 13,470 shares, well behind a daily average of around 75,000. OEDV is an independent exploration and production company with interests in oil and gas wells and prospects in the U.S. and Colombia.

PTS Inc. (OTCBB: PTSH) had a busy Monday, trading in 143 million shares, compared to its usual average of 12.5 million. Share prices were flat, though, at two-100ths of a cent. The Company’s current purpose is to seek, investigate and, if such investigation warrants, acquire an interest in business opportunities presented to it by persons or firms who or which desire to seek the perceived advantages of a Corporation.

Sino Assurance Inc. (OTCBB: SNAS) sagged 70% in price to 15 cents Monday on volume of 19,780 shares, 50% better than it trades most days. SNAS through its subsidiaries and variable interest entity, is mainly engaged in the provision of surety and tendering guarantees service to corporations and individuals in China.

AAWW jumps, SIRI steady, ENOC bails

Monday, February 14th, 2011

Atlas Air Worldwide Holdings (Nasdaq: AAWW) share prices climbed 16.9% to $65.85. Volume was 773,502, more than three times its all-day volume, after it reported its fourth-quarter earnings increased 47% on improving airfreight demand, especially out of Asia.

Sirius XM Radio Inc. (Nasdaq: SIRI) traded in 52.6 million shares Monday, compared to a daily average of 72.8 million. Share prices inched up 0.3% to $1.85, one day ahead of the company’s fourth-quarter report. Sirius is slated to release its earnings numbers on Tuesday.

EnerNOC Inc. (Nasdaq: ENOC) faded 12.6% to $17.91 Monday, on volume of 3.6 million shares, or 10 times its all-day volume, as an analyst cut its rating and price target for the company due to a billing issue that may create problems for the energy company.

HERO strong, C active, FCFL flubs

Monday, February 14th, 2011

Shares of Hercules (Nasadaq: HERO) added 18% to $4.27, on volumes of 8.1 million shares, or three times its daily average, after Seahawk Drilling Inc. (Nasdaq: HAWK), an offshore-oil driller, on Friday filed for bankruptcy protection and said it would sell its assets to rival Hercules. Seahawk Drilling Inc. shares plunged 36.1% to $5.05.

Citigroup Inc. (NYSE: C) traded in 136.9 million shares early Monday, making it among the volume leaders, gaining momentum toward its daily average of 541.5 million. Share prices dipped 0.3% to $4.86, on word the bank is recruiting about 20 new European banking experts.

First Community Bank Corporation (Nasdaq: FCFL) skidded 58.3% to 50 cents Monday, on volume of 434,781 shares, towering over an all-day volume of 6,355, only days after revealing it was being bought by Community Bank of Manatee.

GLER expresses glee; ELCR steps on gas, TEGY trips

Thursday, February 10th, 2011

Global Earth Energy Inc. (OTCBB: GLER) shares climbed 120% to 1.1 cents Thursday. Volume for the stock topped 31 million shares, or about 15 times its normal share volume, after the company entered a coal mining joint venture worth about $500 million.

Electric Car Company Inc. (OTCBB: ELCR) traded in 194.4 million shares Thursday, surpassing an all-day average of 86.4 million. Prices for ELCR were flat, though, at one-100th of a cent.

Transact Energy Corp. (OTCBB: TEGY) dumped 37.5% of its price to five cents Thursday, on volume of 74,100 shares, 50% better than its daily average. The San Antonio-based TEGY’s business is the development, production, management and conservation of electricity through sustainable electricity projects.