Top Energy Stocks
CVX +0.22%, went close to year highs
Energy stocks are mostly lower today with the NYSE Energy Sector
Index falling about 0.7% and the S&P Energy Index also down
In company news, Longwei Petroleum Investment Holding (
) is up 27% and has touched a day high $1.65 - compared to a year
high $1.83 - after saying this morning it will complete the
$110.6-million purchase of the assets of Huajie Petroleum Co., a
fuel storage depot in northern Shanxi Province, by the end of this
In other sector news,
(-) CGV, (-5.5%) Acquiring Fugro's Geoscience sivision,
excluding the existing multi-client library and nodes businesses,
with CGGVeritas will become a fully integrated Geoscience company.
The transaction is valued at 1.2 billion euros, or $1.55
(+) CVX, (+0.3%, went close to year highs) The U.S.
Environmental Protection Agency reportedly is conducting a criminal
probe in accusations the company has been routing pollutants around
monitoring equipment at Richmond refinery and instead burning them
(-) HUSA, (-7.9%) Said today it will seek additional financing
to support long-term development of its oil and gas properties.
Decision follows recent review of strategic alternatives.
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