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TheStreet Open House

Energy Stocks: This Week's Winners, Losers

NEW YORK ( TheStreet) - Petrohawk Energy (HK), Bill Barett (BBG), Comstock Resources (CRK) and Forest Oil (FST) clocked smart gains during the past week, while Core Laboratories (CLB), Energy Transfer Equity (ETE - Get Report), Lufkin Industries (LUFK) and TransAtlantic Petroleum (TAT - Get Report) fared badly.

Among the advancers for the week, Petrohawk Energy topped the charts, gaining 63%. Bill Barett jumped 17%. Bill Barett stock was raised to outperform at Wells Fargo.

Comstock Resources rose 15.7%, Forest Oil Corporation edged up 15.2% and Pioneer Natural Resources (PXD - Get Report) moved up 14.3%.

Range Resources (RRC - Get Report) advanced 14.4% after the management announced an 8% increase in second-quarter production volume from the prior year quarter and a 10% boost in 2011 production. Meanwhile, the company's price realization for the quarter increased 11%.

Other movers were Pioneer Natural Resources (PXD - Get Report), up 14.3%, while Cabot Oil & Gas (COG - Get Report) rose 14% and Berry Petroleum Company (BRY) improved 13.3%.

EQT Corporation (EQT - Get Report) edged up 12.7% after the stock was raised to outperform from neutral at Robert Baird with a price target of $66 per share.

Chesapeake Energy (CHK - Get Report) moved up 12.5% and Bloomberg reports that the company is likely to announce a new natural gas discovery in the Utica Shale formation shortly.

Oasis Petroleum (OAS - Get Report) advanced 12.4% and Whiting Petroleum (WLL - Get Report) increased 12.3%.

Stocks like Swift Energy (SFY - Get Report), Denbury Resources (DNR - Get Report), Nabors Industries (NBR - Get Report) and Gran Tierra Energy (GTE - Get Report) gained more than 10% during the week.

Southwestern Energy (SWN - Get Report) soared 11% after the stock's target price was raised to $57 per share from $48 at Howard Weil.

Core Laboratories was the top laggard, down 5.8%, while Energy Transfer Equity lost 4.5%, Lufkin Industries erased 3.8% and TransAtlantic Petroleum reduced 3.2%.

CNOOC (CEO) trimmed 3.2% as the company intends to purchase Opti Canada, an oil-sands producer. Jefferies Group believes that it is a high-risk buy for CNOOC. The brokerage values Opti's production at about $275,000 per barrels per day and estimates proved and probable reserves at $3.54 a barrel.

Energy Transfer Partners (ETP - Get Report) fell 2.9% after S&P cut the company's outlook to negative from stable.

Other losers included Frontline (FRO - Get Report), Spectra Energy Partners (SEP - Get Report), Teekay Offshore Partners (TOO - Get Report), Targa Resources Partners (NGLS - Get Report) and Williams Partners (WPZ - Get Report).

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