Copano Energy LLC (CPNO): Today's Featured Energy Loser

The energy industry closed the day up 4.4%. Berry Petroleum ( BRY), Crosstex Energy ( XTEX), RAM Energy Resources Inc ( RAM), and Toreador Resources Corporation ( TRGL) were all decliners today within the energy industry with Copano Energy ( CPNO) being today's featured energy loser. Copano Energy fell $1.02 (-3.1%) to $32.03 on average volume. Throughout the day, 369,401 shares of Copano Energy exchanged hands as compared to its average daily volume of 258,200 shares.

Copano Energy, L.L.C. provides midstream services to natural gas producers in the United States. The company's services comprise natural gas gathering, compression, dehydration, treating, marketing, transportation, processing, conditioning, and fractionation. Copano Energy has a market cap of $2.2 billion and is part of the basic materials sector. Shares are down 2.1% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Copano Energy as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and poor profit margins.

On the positive front, Clayton Williams Energy Inc ( CWEI), Geokinetics Inc ( GOK), Pioneer Drilling Company ( PDC), and Isramco Inc ( ISRL) were all gainers within the energy industry with Exxon Mobil Corporation ( XOM) being today's featured energy industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider Energy Select Sector SPDR ( XLE) while those bearish on the energy industry could consider Proshares Short Oil & Gas ( DDG).

null

More from Markets

Baidu Stock Plummets After COO Qi Lu Resignation

Baidu Stock Plummets After COO Qi Lu Resignation

Wondering What Blockchain Technology Really Is? This Expert Explains It All

Wondering What Blockchain Technology Really Is? This Expert Explains It All

Dow Rises Sharply as U.S.-China Trade Tensions Thaw

Dow Rises Sharply as U.S.-China Trade Tensions Thaw

GE Confirms $11.1 Billion Transportation Merger With Wabtec

GE Confirms $11.1 Billion Transportation Merger With Wabtec

Gold Prices Look 'Rich' at Current Levels - Here's What Could Change That

Gold Prices Look 'Rich' at Current Levels - Here's What Could Change That