AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

THE REAL MOST ACTIVE Oil, Gas Stocks Close Mixed As Crude Declines.(MAKING MONEY)

Investor's Business Daily

| April 05, 2005 | COPYRIGHT 2005 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: KATHARINE STALTER

The Dow industrials ended Monday's session 0.2% higher and the S&P 500 advanced 0.3% in lighter volume.

Crude oil prices settled at 57.01 a barrel, down 26 cents after reaching a record overnight high of $58.28. Oil and gas stocks didn't react as a group, though, with some advancing and some declining.

Among gainers from that industry, XTO Energy gapped up slightly and climbed 0.74 to 35.33 in heavy trade. Monday marked the third session in a row that the stock has gapped higher. Two of those days were in above-average volume.

Chicago Bridge & Iron also gapped up Monday. The engineering and construction firm, which is based in the Netherlands, gained 1.80 to 25.00 in twice normal turnover. Friday the stock split 2-for-1. The same day, the firm said the Justice Department had closed an investigation of its water and wastewater unit, as well as an investigation into company testimony before the Federal Trade Commission.

Cantel Medical advanced 0.51 to 30, a new high, in nearly double typical trading. The stock shares the second highest Earnings Per Share Rating, 97, in the ...

Related articles from newspapers, magazines, journals, and more
UPDATE 3-Oil, gas stocks close higher on mild inflation data.
News wire article from: The America's Intelligence Wire August 15, 2006 700+ words
...ABDULLAH SHIHRI SAN FRANCISCO (MarketWatch) -- Oil and gas stocks pulled into higher territory Tuesday, ushered along by surprisingly...oil service group, up 3.3% at $16.63. Among natural gas stocks, National Fuel Gas Co NJ led gainers on a 1.8% rise to...
Oil, gas stocks close higher as production shut-in.
News wire article from: The America's Intelligence Wire September 14, 2004 700+ words
...shutting in production and evacuating workers from rigs and platforms. The hurricane's approach lifted the shares of oil and gas stocks on the expectation that lower production would lift the price of oil and natural gas. Production in the Gulf accounts for...
UPDATE 2-Oil, gas stocks close narrowly higher on crude gains.
News wire article from: The America's Intelligence Wire March 8, 2005 700+ words
(From CBS Marketwatch (Stories)) SAN FRANCISCO (MarketWatch) -- Oil and gas stocks closed narrowly higher Tuesday, boosted by a pair of positive analyst notes and a rebound in crude that failed to extend to oil...
UPDATE 2-Oil, gas stocks close higher, cueing off oil futures.
News wire article from: The America's Intelligence Wire July 27, 2004 700+ words
(From CBS Marketwatch (Stories)) DALLAS (CBS.MW) -- Oil and gas stocks held fast to a rally at Tuesday's close, taking their cues from a rise in crude and natural gas prices on the New York Mercantile...
UPDATE 3-Oil, gas stocks close higher as futures retreat.
News wire article from: The America's Intelligence Wire December 20, 2004 700+ words
(From CBS Marketwatch (Stories)) DALLAS (CBS.MW) -- Oil and gas stocks closed higher Monday, while crude and natural-gas futures surrendered gains they made last week. The Amex Oil Index was up...
UPDATE 3-Oil, gas stocks close higher, cueing off oil futures.
News wire article from: The America's Intelligence Wire July 27, 2004 700+ words
(From CBS Marketwatch (Stories)) DALLAS (CBS.MW) -- Oil and gas stocks held fast to a rally at Tuesday's close, taking their cues from a rise in crude and natural gas prices on the New York Mercantile...
UPDATE 3-Oil, gas stocks close lower as crude, natural gas fall.
News wire article from: The America's Intelligence Wire December 7, 2004 700+ words
(From CBS Marketwatch (Stories)) DALLAS (CBS.MW) -- Oil and gas stocks fell further in Tuesday afternoon trading as crude and natural gas futures declined ahead of weekly inventory reports and amid...
UPDATE 2-Oil, gas stocks close lower on crude pullback.
News wire article from: The America's Intelligence Wire January 7, 2005 700+ words
...weaker across the board, with Varco International leading percentage losers on a 91-cent, 3.2 percent tumble to $27.51. Natural gas stocks proved more buoyant, led by El Paso , which tacked on 6 cents to finish at $10.51 a share.
UPDATE 1-Oil, gas stocks close broadly lower.
News wire article from: The America's Intelligence Wire October 10, 2005 700+ words
(From CBS Marketwatch (Stories)) NEW YORK (MarketWatch) -- Decliners outweighed advancers among oil and gas stocks at Monday's close, as investors took their cue from falling crude and natural-gas prices. November-dated crude fell...
UPDATE 2-Oil, gas stocks close higher on crude futures rally.
News wire article from: The America's Intelligence Wire February 17, 2006 700+ words
(From CBS Marketwatch (Stories)) Byline: CURT ANDERSON NEW YORK (MarketWatch) -- Oil and gas stocks closed mostly higher Friday, buoyed by further gains in energy futures market. The Amex Oil Index rose 1.2% to finish at 1...
For more facts and information, see all results
©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA