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
TheStreet Open House

Energy Stocks: Winners and Losers

NEW YORK ( TheStreet) -- El Paso (EP), Atlas Energy (ATLS - Get Report), 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.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
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!
SYM TRADE IT LAST %CHG
STP $0.53 0.00%
LDK $0.00 0.00%
KWK $0.11 3.80%
ATLS $6.18 0.00%
NFX $34.28 0.00%

Markets

DOW 17,712.66 +34.43 0.19%
S&P 500 2,061.02 +4.87 0.24%
NASDAQ 4,891.2190 +27.8570 0.57%

Partners Compare Online Brokers

Free Reports

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