Ubika Research has highlighted nine oil exploration & production stocks which have outperformed their respective equity indices and energy sector indices during the last week with a significant increase in traded volumes reflecting a strong market interest. Average trading volumes of these stocks over the past five days are significantly higher than their one month daily average trading volumes. The shortlisted stocks outperformed their respective indices during the week, recording price gains ranging from 6% to 24% with daily average traded volume in excess of 100,000.
Index Performance during the Past Week (March 24th 2014 – March 28th 2014)
| Index |
Last Index Value |
Value Change (5-Day) |
Average Volume |
Average Volume |
Volume Comparison* |
|
S&P 500 Index |
1,857.6 |
-0.5% |
534,943,328 |
551,384,204 |
-3.0% |
|
NASDAQ Composite Index |
4,155.8 |
-2.8% |
547,105,011 |
544,391,533 |
0.5% |
|
Russell 2000 Index |
1,151.8 |
-3.5% |
287,930,816 |
305,082,007 |
-5.6% |
|
S&P/TSX Composite Index |
14,260.7 |
-0.5% |
171,284,730 |
178,704,023 |
-4.2% |
|
S&P/TSX Venture Composite Index |
989.8 |
-4.3% |
72,632,848 |
82,183,607 |
-11.6% |
|
S&P 500 Energy Sector Index (U.S.) |
653.0 |
2.5% |
38,899,615 |
41,556,499 |
-6.4% |
|
S&P/TSX Composite Index Energy Sector Index (Canada) |
3,151.7 |
1.5% |
48,917,510 |
52,257,709 |
-6.4% |
Stocks Performance
| Company Name |
Ticker |
Exchange |
Market Cap |
Last Price |
Price Change (5-Day) |
Average Volume |
Average Volume |
Volume Comparison* |
52-Week High |
52-Week Low |
|
Connacher Oil and Gas Ltd |
CLL |
TSX |
126.5 |
0.28 |
24.4% |
2,449,004 |
896,264 |
173.2% |
0.34 |
0.06 |
|
Marquee Energy Ltd |
MQL |
TSXV |
80.3 |
0.95 |
13.1% |
851,450 |
321,412 |
164.9% |
1.08 |
0.42 |
|
PetroNova Inc |
PNA |
TSXV |
67.8 |
0.30 |
20.0% |
249,743 |
106,287 |
135.0% |
0.38 |
0.18 |
|
Suroco Energy Inc |
SRN |
TSXV |
36.9 |
0.28 |
12.2% |
193,061 |
89,826 |
114.9% |
0.50 |
0.22 |
|
Rock Energy Inc |
RE |
TSX |
234.6 |
5.95 |
17.1% |
1,161,883 |
556,688 |
108.7% |
6.00 |
1.10 |
|
Southern Pacific Resource Corp |
STP |
TSX |
129.3 |
0.33 |
22.6% |
4,277,296 |
2,697,585 |
58.6% |
0.91 |
0.10 |
|
InterOil Corp |
IOC |
NYSE |
3,095.9 |
63.41 |
5.6% |
755,345 |
583,700 |
29.4% |
8.97 |
3.50 |
|
Exterran Holdings Inc |
EXH |
NYSE |
2,886.2 |
43.74 |
6.2% |
1,883,715 |
1,512,044 |
24.6% |
136.64 |
62.11 |
|
VAALCO Energy Inc |
EGY |
NYSE |
470.7 |
8.28 |
13.6% |
743,801 |
599,202 |
24.1% |
0.40 |
0.08 |
Source: Bloomberg
*Volume Comparison: 5-Day average volume over 30-Day average volume
Market cap & Last Price are in their respective currencies
Company Description
Connacher Oil and Gas Ltd (TSX: CLL)
Connacher Oil and Gas Limited develop, produces and markets bitumen resources. The company’s principal asset is in the Great Divide oil sands project located in northern Alberta.
Marquee Energy Ltd (TSXV: MQL)
Marquee Energy Ltd. is an oil and gas exploration and production company. The company operates in Alberta, Canada.
PetroNova Inc (TSXV: PNA)
PetroNova, Inc. explores for oil and natural gas. The company operates in South America.
Suroco Energy Inc (TSXV: SRN)
Suroco Energy, Inc, is a Colombia focused, international oil and gas exploration company. The company holds interests in Colombia and Canada.
Rock Energy Inc (TSX: RE)
Rock Energy Inc. acquires, explores, and develops oil and gas properties. The company is currently producing oil and gas on its property located in Alberta, Canada.
Southern Pacific Resource Corp (TSX: STP)
Southern Pacific Resource Corp is a junior oil and gas exploration company.
InterOil Corp (NYSE: IOC)
InterOil Corporation is an integrated oil and gas company. The company produces jet fuel, diesel and gasoline for the domestic market and light naphtha and mixed naphtha for international markets. Interoil owns oil refinery, upstream petroleum exploration licenses and retail, and commercial distribution assets.
Exterran Holdings Inc (NYSE: EXH)
Exterran Holdings Inc. is a holding company. The company, through its subsidiaries, provides natural gas compression services as well as provides service, fabrication and equipment for oil and natural gas production, processing and transportation applications.
VAALCO Energy Inc (NYSE: EGY)
VAALCO Energy, Inc. acquires, explores, and develops crude oil and natural gas properties. The company owns producing properties and conducts exploration activities in the Philippines and Gabon, and has interest in the Texas Gulf Coast area. VAALCO, through participation in a partnership, has additional international exploration interests in South and North America and Africa.
