3 Energy Stocks Moving The Industry Upward

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All three major indices traded up today with the Dow Jones Industrial Average ( ^DJI) trading up 19 points (0.1%) at 17,098 as of Friday, Aug. 29, 2014, 4:20 PM ET. The NYSE advances/declines ratio sits at 2,137 issues advancing vs. 890 declining with 157 unchanged.

The Energy industry as a whole closed the day up 1.1% versus the S&P 500, which was up 0.3%. Top gainers within the Energy industry included Sonde Resources ( SOQ), up 4.6%, WSP Holdings ( WH), up 5.9%, Ivanhoe Energy ( IVAN), up 55.4%, New Concept Energy ( GBR), up 4.2% and Camac Energy ( CAK), up 4.0%.

TheStreet Ratings Group would like to highlight 3 stocks pushing the industry higher today:

Ivanhoe Energy ( IVAN) is one of the companies that pushed the Energy industry higher today. Ivanhoe Energy was up $0.82 (55.4%) to $2.30 on heavy volume. Throughout the day, 12,847,361 shares of Ivanhoe Energy exchanged hands as compared to its average daily volume of 83,500 shares. The stock ranged in a price between $1.50-$3.15 after having opened the day at $1.52 as compared to the previous trading day's close of $1.48.

Ivanhoe Energy has a market cap of $24.2 million and is part of the basic materials sector. Shares are down 65.9% year-to-date as of the close of trading on Thursday.

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