- Published: 30 August 2011
- Written by Investor Ideas
Oil and Gas Stock Trading Alert; FXEN, XTXI, GPOR, CHK, (OTC:OEDV)
Point Roberts, WA- August 30, 2011 (Investorideas.com Energy Newswire) - www.InvestorIdeas.com, a leader in sector research including oil and gas stocks, releases a trading alert for Oil and Gas stocks trading as of August 30th.
Crude Oil pared its early losses and closed sharply higher on Tuesday helped by strong equities and on rumors that Goldman Sachs has taken a massive long position in WTI crude as they believe that the oil is trading well below its fair value.
Mississippian Formation junior, Osage Exploration and Development, Inc. (OTCBB: OEDV) closed up at $0.51 on light trading. The Company reported earlier this month, that as of June 30, 2011 total current assets are $3,630,606 versus $421,685 a year earlier, an increase of 860%. It also reported total shareholders equity increased from $1,298,952 to $5,313,859 year over year, an increase of over 400%.
FX Energy, Inc. (NASDAQ:FXEN) soared 0.51 (8.78%) to $6.32. Earlier this month, the company had provided an update regarding ongoing exploration activity in Poland and the US.
Natural gas company, Crosstex Energy, Inc. (NASDAQ:XTXI) climbed 0.79 (7.74%) to $11.00.
Oklahoma City-based independent oil and natural gas exploration and production company, Gulfport Energy Corporation (NASDAQ:GPOR) closed higher by 1.27 (4.63%) at $28.70. The Company’s most recent news was its second quarter results August 4th, where it reported net income of $27.3 million on oil and natural gas revenues of $55.5 million, or $0.57 per diluted share
Chesapeake Energy Corporation (NYSE:CHK) added 0.66 (2.08%) to $32.43 . The stock has made some impressive gains over the past week for investors.
To View CHK Chart: http://chart.finance.yahoo.com/z?s=CHK&t=5d&q=l&l=on&z=l&a=v&p=s&lang=en-US®ion=US
Western Refining, Inc. (NYSE:WNR) ended the day at $17.89, up 0.23 (1.30%)
Delek US Holdings, Inc. (NYSE:DK) jumped 0.20 (1.37%) to closed at $14.79.
Sunoco, Inc. (NYSE:SUN) rose 0.85 (2.30%) to ended the day at $37.79.
Showcase oil and gas stock -
Junior Oil and Gas Company Osage Exploration and Development, Inc. (OTCBB: OEDV)
Based in San Diego, California with production offices in Oklahoma City, Oklahoma, and executive offices in Bogotá, Colombia, Osage Exploration and Development, Inc. is an independent exploration and production company with interests in oil and gas wells and prospects in the US and Colombia. www.osageexploration.com
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