NEW YORK ( TheStreet) - In the energy sector, SM Energy (SM - Get Report), Petrobras Argentina (PZE - Get Report) advanced last week, whereas Frontline (FRO - Get Report), CGG Veritas (CGV), Transatlantic Petroleum (TAT - Get Report), STR Holdings (STRI - Get Report) and Exterran Holdings (EXH - Get Report) eroded substantial value.Among the week's advancers, SM Energy topped the charts gaining 4.4% as it announced the sale of mineral rights acreage in the Eagle Ford basin in Texas for about $227.4 million. The company also reported positive second-quarter earnings. Jefferies upgraded the stock to buy from hold with a target price of $114 per share.
Energy Stocks: Performance Update
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