This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Thursday's Small-Cap Winners & Losers

Small stocks were tracking generally higher than the major indices Wednesday, with several small-cap energy names delivering upside on positive news.

Eagle Rock Energy (EROC) was climbing more than 8% on news the natural gas company will invest a total of $420 million on expansion. Its three acquisitions include $220 million for Escambia Asset and its 33 wells in Alabama and $180 million for 171 wells in Texas from Redman Energy. Based on the deals, Eagle Rock expects to increase its annual dividend by 3 cents to 35 cents, for a dividend of as much as $1.57 per year. Shares were up $1.98 at $25.99.

Another natural gas explorer, McMoRan Exploration (MMR), was also climbing on news of a well discovery. The New Orleans company said drillings at its Flatrock well "indicate a potential major discovery." Shares were up $1.34, or 8.9%, at $16.35.

Oilsands Quest (BQI) was surging 10% to $2.97 after the exploration company estimated the resource potential of its oil sands exploration permits in northwest Saskatchewan and northeast Alberta at 10 billion barrels of bitumen.

Energy names weren't the only dominant forces in the small-cap space, however. Earnings drove stocks in various sectors both higher and lower.

Among the biggest earnings winners was Jewett-Cameron Trading (JCTCF), shares of which climbed 30%, after the lumber company reported a surge in third-quarter earnings. Jewett generated net income of $757,000, or 32 cents a share, on sales of $20.9 million. In the third quarter last year, the company reported earnings of $561,000, or 24 cents a share, on $20.6 million in revenue. Shares were $2.23 higher at $10.18.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,493.37 -69.93 -0.42%
S&P 500 1,925.15 -5.52 -0.29%
NASDAQ 4,352.6390 -17.1340 -0.39%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs