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Energy Stocks: Winners and Losers

NEW YORK ( TheStreet) -- El Paso (EP), Atlas Energy (ATLS), Brigham Exploration Co. (BEXP) and Whiting Petroleum (WLL - Get Report) showed strength this past week, whereas Suntech Power Holdings (STP), LDK Solar (LDK), Newfield Exploration (NFX - Get Report) and Quicksilver Resources (KWK) lost considerable value.

El Paso led the pack of winners this past week, jumping 27.6%. Kinder Morgan recently announced it would acquire all the outstanding shares of El Paso in a transaction that will create the largest midstream in North America, with an enterprise value of around $94 billion and 80,000 miles of pipelines. The total purchase price is approximately $38 billion.

Atlas Energy climbed 25.8%.

Brigham Exploration improved 20.4%. Norwegian Oil & Gas major Statoil (STO) has acquired Brigham for approximately $4.4 billion. Statoil will pay $36.5 per share in an all-cash tender offer.

Other movers were Whiting Petroleum (+15.4%), JA Solar Holdings (JASO) (+14.4%) and Oasis Petroleum (OAS) (+13.8%).

Anadarko Petroleum (APC) moved up 12%. The stock was rated new overweight at Morgan Stanley with a target price of $100 a share.

Denbury Resources (DNR) edged up 11.3%.

SM Energy (SM) added 10.5%. Equity analyst John Nelson at Macquarie Research has raised the stock to outperform from neutral with a 12-month target price of $87.00 a share.

EXCO Resources (XCO) and The Williams Cos. (WMB) gained 10.4% each.

Noble (NE) piled on 10.4%. The stock was raised to buy at Pareto Securities.

Niska Gas Storage Partners (NKA) rose 10.2%.

Berry Petroleum (BRY) surged 9.6%. The stock was rated a new buy at Sterne, Agee & Leach, with a 12-month target price of $60.00 a share.

Pioneer Natural Resources (PXD) and EOG Resources (EOG) moved up 8.7% and 7.9%, respectively. Goldman recommends a buy on both the stocks, ahead of their third-quarter results.

Among the laggards, Suntech Power Holdings was the top decliner, plunging 13.8%.

LDK Solar shed 12.5%.

Newfield Exploration pared 11.9%. The company was cut to neutral from overweight at Simmons & Co.

QuickSilver Resources relinquished 10.6%.

Halliburton (HAL) dropped 10.5%. The stock was cut to neutral from buy at Guggenheim Securities with a target price of $45 a share, vs. the earlier $55.

RPC (RES) erased 10.2%.

Frontline (FRO) dived 9.4%. Jonathan Chappell, equity analyst at Evercore Partners, has downgraded the stock to underweight from equal-weight. The 12-month target price is $4 a share.
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STP $0.53 0.00%
LDK $0.00 0.00%
KWK $0.00 0.00%
ATLS $0.84 0.00%
NFX $36.25 0.00%


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