MARKET ACTIVITY / Yesterdays Summary Of Oil & Gas Issues
In review of market activity yesterday, just about everything, plus the kitchen sink, was up. In just two days since I announced my portfolio deficit, 1/2 of that red number has been eliminated.
The TSE Composite 300 closed up 3.3% or 192.40 to 6015.06 In comparison, the Oil & Gas Composite index was up 2.7%, or 145.55 to 5481.42.
Among the sub-components, the Integrated Oil's finished up 2.3% or 174.34 to 7879.64; Oil & Gas Producers rose 2.9%, 139.51 to 4976.75 and even the battered Oil & Gas Services was up, rising 3.3%, or 47.60 to 1479.57.
Amber Energy, Renassance Energy, Probe Exploration, Canadian Natural Resources, Petro-Canada, Berkley Petroleum, Northstar Energy, Poco Petroleum, Anderson Exploration, Talisman Energy, Canadian Occidental Petroleum and Rigel Energy represented the oils among the top 50 most active issues on the TSE.
Talisman Energy continued its upward trend, rising $1.50 to $36.00, Alberta Energy $1.45 to $35.80, Ensign Resource Services $1.40 to $16.50, Northrock Resources $1.35 to 14.50, Shell Canada A $1.35 to $26.00 and Imperial Oil $1.25 to 22.85.
Percentage gainers included Danoil Energy, Gulfstream Resources, Jet Energy, Courage Energy, Plains Energy Services, Northrock Resources, Ulster Petroleums, Pan East Petroleum, Ensign Resource Services and Bow Valley Energy.
On the downside, IPSCO fell $1.20 to $28.20, CE Franklin $0.80 to $3.15, Computalog $0.40 to $9.85 and storm effected Chieftain International $0.30 to $26.85.
Percentage losers included CE Franklin, TUSK Energy, Scorpion Energy, K2 Energy, Petrobank, Pendiares Petroleum and Alpine Oil Services.
On the Alberta Stock Exchange, Raypath Resources, Velvet Exploration, Ridgeway Petroleum, Equatorial Energy, Ultra Petroleum and Continental Energy were among the top 25 most active issues. |
