Weekly Overview: Energy Sector

November 28, 2011
The recent trading week (November, 21-25) involved an additional day off for stock traders on the Thanksgiving Day (November, 24). Moreover, on Friday, November 25, 2011 following the festive day NYSE, NYSE AMEX and NASDAQ closed trading early (at 1:00 PM ET). And following this national holiday the last day of the trading week in the Energy sector was characterized by rather moderate moves in terms of losing/gaining share price.
 
Thus, the most active company with regard to dollar volume was Exxon Mobil Corporation (NYSE:XOM) with a change of only 0.91%. The biggest gainer Kinder Morgan Management, LLC (NYSE:KMR) added up 3.27% and the biggest loss of %5.95 was borne by the Advantage Oil & Gas Ltd (NYSE:AAV).
 
Key Performers in the Energy Sector
 
Kinder Morgan Management, LLC (NYSE:KMR) became one of the top performing stocks over the recent trading week. KMR opened the trading week at $68.56 and continued trading in the downward trend with minor ups and towns. The entire weekly trading closed at $69.56 with hitting the new 52-week high. The final weekly share price is 3.27% or $2.20 higher than the closing price the day before on the eve of the Thanksgiving Day. At the current price the company’s market cap stands at $6.85 billion and its beta is now 0.42 which indicates that the security is less volatile than the market.
Kinder Morgan Management, LLC belongs to the Oil Well Services and Equipmentis sector of the energy sector. It is a limited company and a member of Kinder Morgan Energy Partners, L.P (KMP) involved in management and control of different aspects of the KMP business.
 
Oasis Petroleum (NYSE:OAS) lost 10% over the recent trading week and moved from $28.62 to $25.74 and set a new annual low of 25.72. On the last trading day of the week the stock was trading below its long-term and short-term moving average. Over the current year the highest price of the OAS shares reached $26.92 which is 4.4% higher than the current price. OAS hit the top-list of the Oil & Gas Exploration & Production industry in terms of the highest EPS growth of 1,410.0%. Oasis Petroleum Inc. is an independent exploration and production company focused on the development and acquisition of unconventional oil and natural gas resources.
Oasis Petroleum (NYSE:OAS) is highest with EPS growth of 1,410.0%. Oasis Petroleum Inc., is an independant exploration and production company focused on the acquisition and development of unconventional oil and natural gas resources.
 
 
The second performing stock with the EPS growth of 973.8% is Pioneer Natural Resources (NYSE:PXD). According to the expert estimates the company’s shares are expected to face resistance at the level of its 200-day moving average of $88.31 and the support is expected to be reached at the 50-day moving average of $80.00. Furthermore, the possible company upside of 28.2% is based on the present level of $84.72 and the analysts agree upon on the targeted average price of $108.64. Over the last trading week the company has lost 9.4% per share and closed the trading session on Friday, November 25 at $83.44.
Pioneer Natural Resources Company is an independent holding company that is involved in developing and exploration of oil and gas resources. It operates in the United States and on the territory of the South Africa.
 
The list of top three is closed with Bill Barrett (NYSE:BBG) with the EPS of 1.29 which indicates the raise of 635%. In the course of the trading week the company was trading as low as $35.38 and as high as $39.13 as compared to the lowest and highest annual values of $33.11 and $52.13 correspondingly. On Friday following the Thanksgiving day the company closed trading at $35.41 with a small drop of 1.01% or $0.36. At the given price 346,452.00 of BBG shares exchanged hands,which is 2.7 times lower than the average daily trading volume of 941,235.00. Bill Barrett Corporation (BBC) is an exploration, development and production company than conducts its operations in the region of the Rocky Mountain in the USA.
 
 
For more details on the recent stock trading trends visit Portfoliorunner Trading Recommendations.
By Caroline Stevens

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