On Tuesday, because of rising oil prices, U.S. stocks rallied sharply, assisting energy stocks to lift up.
Headlines: Recently, PostRock Energy Corporation (NASDAQ:PSTR), is moving with a great pace and maintains the trend i.e., gain over gain. Till now, 80.31% is gained and is now trading at $3.97, on a traded volume of 1.45million shares, in comparison to 15,124.00 shares of average trading volume. The company has a total market capitalization of $13.49 million and its total outstanding shares are 6.31 million.
Reason: The reason behind this sharp gain appears to be shimmering futures of crude-oil futures and energy stocks. Crude oil climbed 3% to $51.07 a barrel, assisting spur on a 1.7% ascend in the energy sector of the S&P 500. Shares of Exxon Mobil Corp. and Chevron Corp. were among the biggest gainers on the Dow.
PostRock Energy Corporation (PSTR), an independent oil and gas company, is engaged in the attainment, exploration, development, production, and gathering of crude oil and natural gas.
Energy Stocks Surged Besides Oil Prices Rise: Comprehensive data (along with news and profiles), for Midday’s Champions in U.S Stocks, among basic material sector, is demonstrated underneath:
EnerJex Resources Inc (NYSEMKT:ENRJ), skyrocketed 56.25% and is now trading at $2.50, soon after an independent energy company, declared that it has confirmed a monthly cash dividend on its non-convertible 10.0% Series A Cumulative Redeemable Perpetual Preferred Stock. The dividend is for the month of February 2015 and is payable on February 28, 2015 to holders of record at the close of business on February 16, 2015.
EnerJex Resources Inc (ENRJ) an independent energy company, attains, develops, exploits, and produces crude oil and natural gas in the United States.
Resolute Energy Corp(NYSE:REN), gained 24.67% and is now trading at $0.935, on a traded volume of 1.75 million shares, in comparison to 1.44M shares of average trading volume. The company has a total market capitalization of $61.35million and its total outstanding shares are 77.86 million.
Resolute Energy (REN), an independent oil and gas organization, attains, explores for, develops, and produces oil, gas, and hydrocarbon liquids. The company holds interests in the Aneth Field that cover an area of about 43,000 gross acres, located in the Paradox Basin in southeast Utah; in about 24,667 net acres in the Permian Basin in Texas and southeast New Mexico; in about 47,400 net acres in the Powder River basin, Wyoming.
Rare Element Resources (NYSEMKT:REE), moved 25.00% higher and is now trading at $0.355, on a traded volume of 800,035.00 shares, in comparison to 162,801.00 shares of average trading volume. The company has a total market capitalization of $13.55 million and its total outstanding shares are 47.71 million.
Rare Element Resources (REE), a mineral resource company focuses on the exploration and development of gold and rare-earth element (REE) deposits.
