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Biggest Oil & Gas Stocks Losers were DPTR, GLBL, OMNI : by Penny Stock Pick Alert

(EMAILWIRE.COM, November 06, 2009 ) Dallas, TX - Delta Petroleum Corp. (NASDAQ:DPTR) was one of the most active losers in today`s trading session as it plunged over 11.63% to $1.14 on a volume of 11.31 million shares after analysts were expecting Delta Petroleum Corp. to report earnings of $-0.11 for last quarter, but DPTR missed expectations with actual earnings of $-0.35 which is 24 cents below the consensus estimate.


Global Industries, Ltd. (NASDAQ:GLBL) declined 7.62% to $6.67 on a volume of 6.43 million shares after the company yesterday announced revenues of $203.7 million for the third quarter of 2009 compared to $218.6 million in the third quarter of 2008. Net income was $14.0 million, or $0.12 per diluted share, for the third quarter of 2009 compared to a loss of $103.1 million, or $0.90 per diluted share, in the third quarter of 2008.


OMNI Energy Services Corp. (NASDAQ:OMNI) decreased 12.77% to $1.23 on over 409K shares after the company yesterday reported a third quarter 2009 net loss of $(0.8) million, or $(0.05) per diluted share, on revenues of $28.4 million, compared to net income of $4.1 million, or $0.15 per diluted share, on revenues of $53.3 million for the same period of 2008. The decrease in net income is mainly the result of reduced activity across all of OMNI's business lines, except for Environmental Services, which has maintained activity levels consistent with the same quarter in the prior year.


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The website alerts investors on Top Stocks that would help investors to generate higher than average returns. These include various types of stocks with huge volume, penny stocks that are moving to the upside quickly, penny stocks with buy signals and companies with news. Our regular Stock pick Alerts helps investors to achieve incredible results in a short amount of time .


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Robert Wilson
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Source: EmailWire.Com
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