Energy Stocks: Winners and Losers

NEW YORK (TheStreet) -- Apco Oil and Gas International (APAGF), SandRidge Energy (SD) and McMoRan Exploration (MMR) were top gainers last week, while YPF (YPF) Nexen (NXY) and Bankers Petroleum (BNKJF) headed the losers' list last week.

Apco Oil and Gas and Sandridge Energy topped charts with gains of around 15.8% and 14.1%, respectively.

McMoRan Exploration advanced 12.4% during the week on a probable takeover by Chevron ( CVX).

Other prominent winners for the week include RPC ( RES) and Superior Energy Services ( SPN), up 12.2% and 10.7%, respectively.

Nabors Industries ( NBR) swung 10.7% higher after named a long research tactical idea at Morgan Stanley.

JX Holdings ( JXHLY) surged 9.5% after JX Nippon Oil & Energy, its refining unit, resumed operations at its Negishi refinery near Tokyo. The company restarted the 120,000 barrels per day (bpd) crude distillation unit and 150,000 bpd distillation unit. Shipments by truck have resumed, while seaborne shipments remain suspended, a company official said.

Valero Energy ( VLO) rose 9.5% last week. The company restarted units including a heavy oil cracker at its Corpus Christi West refinery in Texas, a company spokesperson confirmed.

Others movers include Lufkin Industries ( LUFK), Energy XXI Bermuda ( EXXI) and Comstock Resources ( CRK), each delivering gains of around 9%.

EOG Resources ( EOG) advanced 8.9% after EOG Resources-Canada announced that Encana ( ECA) agreed to acquire a 30% stake in its planned natural gas liquefaction and export facility on British Columbia's west coast and the associated Pacific Trail Pipelines. EOG would sell 19% equity interest, while another joint partner Apache Canada would part 11% to Encana.

CNOOC ( CEO) gained 8.7% during the week. Several analysts reiterated a buy on the stock after the company delivered results above street expectations. The company's earnings increased 85% year-over-year, driven by higher oil and gas output and realized oil prices. New fields in Nigeria and Bohai Bay contributed largely to the upsurge in oil and gas production last year, and realized oil prices climbed 28% to $77.6 per barrel. Frontier Oil ( FTO) and Santos ( SSLTY) were up 8.7% and 8.6%, respectively.

Holly ( HOC) advanced 8.6% after analysts at BofA/Merrill upgraded the stock to buy from neutral.

Exterran Holdings ( EXH) climbed 8.4%. Analysts at Capital One upgraded the stock to add from neutral.

Range Resources ( RRC) rose 8.4%. Analysts at Howard Well changed the stock's target price to $47 per share with a market perform rating.

Other stocks Helix Energy Solutions ( HLX), MOL Hungarian Oil and Gas ( MGYOY), Inpex ( IPXHY), CARBO Ceramics ( CRR) and Idemitsu Kosan ( IDKOY) advanced around 8.4%, 8.4%, 8.1%, 8.1% and 8.0%, respectively.

Tesoro ( TSO) soared 7.9% after announcing plans to expand refining capacity at its Mandan plant by 17% to 68,000 bpd.

Continental Resources ( CLR) piled 7.9% last week. Analysts at Howard Weil increased the stock's price target to $78 from $67 with a market perform rating.

Other movers were Oil States International ( OIS), PetroChina ( PTR), Advantage Oil & Gas ( AAV) and Linc Energy ( LNCGY), up 7.8%, 7.6%, 7.5% and 7.3%, respectively.

Oil giants ConocoPhillips ( COP), Royal Dutch Shell ( RDS/A), Petroleo Brasileiro ( PBR), and Total ( TOT) gained 6.5%, 4.1%, 4.5% and 4.1%, respectively.

YPF was the top loser, declining 9.9% during the week.

Nexen fell 5.6% after the U.K. government announced a tax hike for oil and gas producers, unexpectedly raising the supplementary charge on output to 32% from 20%, when crude oil prices breach $75 a barrel mark.

Bankers Petroleum dipped 3.3% during the week.

Interoil ( IOC) shed 3.1% after reporting fourth quarter earnings per share loss of $0.8, lower than consensus estimates. Net revenue for the quarter fell 7.2%, below analysts' expectations. Buckeye Partners ( BPL) declined 1.4% after Moody's downgraded the company's ratings to Baa3, with a stable outlook.

Among others, TransAtlantic Petroleum ( TAT), LDK Solar ( LDK), Quicksilver Resources ( KWK) and Cheniere Energy Partners ( CQP) lost 2.3%, 1.9%, 1.7% and 1.3%, respectively.

More from Stocks

Pegasystems Founder Explains Why He Has One of the Hottest Tech Stocks Around

Pegasystems Founder Explains Why He Has One of the Hottest Tech Stocks Around

9 Stocks Goldman Sachs Thinks Will Blow Wall Street's Performance Away in 2019

9 Stocks Goldman Sachs Thinks Will Blow Wall Street's Performance Away in 2019

Jim Cramer on U.S.-China Trade: The Media Has it Wrong

Jim Cramer on U.S.-China Trade: The Media Has it Wrong

Is Tesla's Stock Set to Nearly Double to $500?

Is Tesla's Stock Set to Nearly Double to $500?

Tesla's $78,000 Model 3 Is a Bargain. Here's Why

Tesla's $78,000 Model 3 Is a Bargain. Here's Why