Wednesday's Investor Idea: Energy Stocks; CVE, ECA, (OTCBB:OEDV), SU
POINT ROBERTS - August 24, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, issues Wednesday’s investor idea, energy stocks. Globally energy shares saw gains early this week as European stocks closed higher Monday with energy stocks a notable leader, Australian markets were up with finance and energy stocks as top performers. As the Dow closed up over 300 points in Tuesday’s trading session, energy stocks moved up as oil prices rose.
What's driving renewed interest in the energy stocks and oil prices this week? … Better than expected manufacturing data from China and Europe, fighting in Libya, Nigerian exports being disrupted and anticipation of Ben Bernanke's stimulus plan to be announced Friday.
Energy Stocks Trading Snapshot
CENOVUS ENERGY INC. [CVE.TO] +5.40%
Encana Corp (ECA.TO )+ 3.80%
Exxon Mobil Corporation [XOM] +4.96%
Osage Exploration and Development, Inc. ( OTCBB: OEDV) + 2.08%
Sandridge Energy Inc. (NYSE: SD )+6.20 % and another .15% in after markets
SUNCOR ENERGY INC. [SU.TO] +4.41%
Market Snapshot - Market Close August 23
Dow 11,176.76 +322.11 +2.97%
Nasdaq 2,446.06 +100.68 +4.29%
S&P 500 1,162.35 +38.53 +3.43%
10 Yr Bond(%) 2.1370% +0.0490
Oil 85.70 +0.26 +0.30%
Gold 1,853.10 -6.20 -0.33%
Featured Oil and Gas Stock
Company Snapshot; 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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Recent news and articles
Strategies for Oklahoma Mississippian Horizontal Players; Osage (OTCBB: OEDV) and SandRidge (NYSE: SD)
POINT ROBERTS, WA - August 22, 2011 - Investorideas.com, (www.InvestorIdeas.com), a leader in sector research including oil and gas stocks, provides an inside look at two oil and gas companies' strategies for drilling in the Horizontal Mississippian Play and why lower costs and a high drilling success rate make this a winner for investors.
More: Click here
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