NEW YORK (TheStreet) -- YPF SA (YPF), RenaSola (SOL), and SandRidge Energy (SD) were among the top gainers in the energy space last week, while First Solar (FSLR), FMC Technologies (FTI), and Ecopetrol (EC) topped the losers' list.
YPF, an Argentina-based integrated oil and gas company, jumped 17.1% last week, hitting 52-week highs on Thursday. The company obtained a $250 million loan from lender Corporacion Andina de Fomento to finance its investment plan for production, refining and commercialization of petrol and natural gas, Reuters reports.
Renesola, a highly rated stock selling at a deep discount, manufactures solar wafers and solar power products. The stock gained around 11.3% last week after Goldman Sachs initiated coverage on the stock with a buy rating and a price target of $11 indicating an upside of 21% over current levels.
SandRidge Energy, a natural gas and oil company, continued its gains last week, advancing around 10.8%. Meanwhile, Enerplus Resources Fund (ERF), McMoRan Exploration (MMR) and Exterran Holdings (EXH) gained around 9.5%, 8.9%, and 8.2%, respectively.Chesapeake Energy (CHK) rose 8.7% following the news that billionaire investor Carl Icahn increased his stake in the company. Holly (HOC) advanced 8.1% on its announcement that Tulsa refineries will restart operations in a week. CGG Veritas (CGV), the world's largest seismic surveyor of oilfields, gained 7.9% on the recent uptrend in oil prices, which will likely increase producers' spending. Analysts at Exane BNP Paribas upgraded the stock to outperform from underperform. First Solar and FMC Technologies led the pack of losers, declining around 2.7%, and 2.4%, respectively. Ecopetrol, the largest company in Colombia, declined 1.2% despite it receiving approval from the Brazilian government for participation in Santos Basin. Among other losers, Helix Energy Solutions (HLX), Oneok Partners (OKS), and Rosetta Resources (ROSE) fell 1.1%, 1%, and 1%, respectively.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
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.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
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.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV