El Paso Corp. was one of the leading gainers on the New York Stock Exchange Tuesday after announcing it would spin off its exploration and production (E&P) business as a publicly traded company by the end of the year.
Gainers
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EOG’s Papa: E&P in ‘Early Stages of Major Sea Change’
EOG Resources Inc. topped the list of the biggest percentage price gainers on the New York Stock Exchange last Thursday after it boosted its 2009 and 2010 organic production growth estimates and announced four new natural gas and crude oil discoveries.
EOG Shares Soar on News of Discoveries, Higher Recovery Rates
EOG Resources Inc. topped the list of the biggest percentage price gainers on the New York Stock Exchange Thursday after it boosted its 2009 and 2010 organic production growth estimates and announced four new natural gas and crude oil discoveries.
Market Strength Starts to Fade in Mixed Pricing
After four days of rising at nearly all points, the cash market showed signs of retrenchment Friday. Gainers continued to outnumber losers — but only barely. Quotes continued to rise at most Gulf Coast and Northeast points, where the much anticipated winter storm was just arriving, but softness dominated in the Midcontinent/Midwest and western markets.
Softening Trend Grows as Quotes Remain Mixed
The cash market was mixed again Wednesday, but although a majority of points continued to move higher, the division between gainers and losers was much closer than on Tuesday. Higher quotes derived support from a prior-day screen gain of more than 20 cents and the persistent shortfall in Gulf Coast supplies, while cooler weather already occupying or moving into the Northeast, Midwest and South provided a countervailing bearish influence.
Most Points Rebound as Mixed Pricing Continues
The cash market saw both up and down price movement again Friday, but this time the gainers outranked the losers. Support from a prior-day screen gain of nearly 15 cents and moderately strong power generation load across the southern half of the U.S. offset generally mild northern weather and the decline in industrial demand that is typical of weekend periods.
Barrett Raises $325 Million in Bullish IPO Launch
Bill Barrett Corp. was one of the biggest gainers on the New York Stock Exchange Friday after the company launched its initial public offering (IPO) on Thursday. The three-year-old Denver explorer raised $325 million on Thursday — more than expected — after pricing 13 million shares at $25/share, which was above the $20-23 price originally set.
Barrett Raises $325 Million in Bullish IPO Launch
Bill Barrett Corp. was one of the biggest gainers on the New York Stock Exchange Friday after the company launched its initial public offering (IPO) on Thursday. The three-year-old Denver explorer raised $325 million on Thursday — more than expected — after pricing 13 million shares at $25/share, which was above the $20-23 price originally set.
Prices Mixed Again, But Gainers Outweigh Losers
The market was mixed for the second straight day Thursday, but this time more of the price movement was positive than negative. Most points were close to flat again, but rebounds in the previously softer West ranged up to about a dime.