This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
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!

Energy Stocks: Performance Update

Stocks in this article: TOO IOC STR DRC STO SOL KEG

NEW YORK ( TheStreet) -- InterOil (IOC), Teekay Offshore Partners (TOO), STR Holdings (STRI), Dresser-Rand Group (DRC) and Statoil ASA (STO) advanced last week; Renesola (SOL), Key Energy Services (KEG), Suntech Power Holdings (STP), Trina Solar (TSL) and Comstock Resources (CRK) eroded substantial value.

InterOil led the pack of winners, up 13.3%.

Teekay Offshore Partners and Dresser-Rand Group gained 5.6% and 4.1%, respectively.

STR Holdings rose 4.3% after an equity analyst at Craig Hallum raised the stock to buy from hold with a 12-month price target of $18 per share.

Statoil ASA rose 3.6% after Standard & Poor's equity analyst Christine Tiscareno upgraded the stock to hold from sell.

Among other movers, LDK Solar (LDK) was up 3.5%, TransAtlantic Petroleum (TAT) increased 2.9%, Exterran Holdings (EXH) improved 2.5%, OGE Energy Corp (OGE) added 1.2%, NuStar Energy (NS) rose 1.2%, Sunoco (SUN) moved up 0.9% and Petrohawk Energy (HK) piled 0.8%.

Among the laggards, ReneSola topped the charts last week, plunging 22.5%, after it was cut to neutral from buy at Roth Capital with a price target of $3 from the earlier $12.

Key Energy Services and Suntech Power Holdings erased 14.1% and 13.6%, respectively, this past week.

Trina Solar, Comstock Resources and Complete Production Services (CPX) shed an average 13% last week.

JA Solar Holdings (JASO) reduced 12.3% after the company posted loss on higher costs and lower prices. Gross margins were also negative.

Among other losers last week, Yingli Green Energy Holding (YGE) fell 11.3%, EXCO Resources (XCO) lost 11.1%, Precision Drilling (PDS) shed 10.4%, while Helmerich & Payne (HP) declined 10.4%.

Ultra Petroleum (UPL), Frontline Ltd/Bermuda (FRO), Newfield Exploration (NFX), Halliburton (HAL), Rosetta Resources (ROSE), SunPower Corp (SPWRA) and Plains Exploration & Production (PXP) declined an average 9% last week.

First Solar (FSLR) trimmed 8% after Goldman Sachs cuts its price target to $150 per share from $175.

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!

Markets

DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

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