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Biggest Oil & Gas Stocks Losers were SD, SUN, CVI : by Penny Stock Pick Alert
(EMAILWIRE.COM, November 07, 2009 ) Dallas, TX - SandRidge Energy Inc. (NYSE:SD) declined 4.33% to $10.16 on over 14.30 million shares after SandRidge Energy, Inc. Reports Financial and Operational Results for Third Quarter and First Nine Months of 2009. Adjusted net income available to common stockholders of $112.8 million, or $0.66 per share, in the first nine months of 2009 compared to adjusted net income available to common stockholders of $82.1 million, or $0.54 per share, in the first nine months of 2008.
Sunoco, Inc. (NYSE:SUN) declined 9.35% to $28.21 on over 8.09 million shares after analysts were expecting Sunoco Inc. to report earnings of $-0.10 for last quarter, but SUN missed expectations with actual earnings of $-0.29 which is 19 cents below the consensus estimate. Sunoco, Inc. through its subsidiaries, is principally a petroleum refiner and marketer and chemicals manufacturer with interests in logistics and cokemaking. The Company's petroleum refining and marketing operations include the manufacturing and marketing of a full range of petroleum products, including fuels, lubricants and some petrochemicals.
CVR Energy, Inc. (NYSE:CVI) declined 17.56% to $8.50. The Stock hit an intraday high and an intraday low of $9 and $8.10 respectively. In the last six months the stock went up over 6%. CVR Energy, Inc. and its subsidiaries is an independent refiner and marketer of transportation fuels. In addition, the Company owns the interests, a limited partnership, which produces nitrogen fertilizers in the form of ammonia and UAN.
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Sunoco, Inc. (NYSE:SUN) declined 9.35% to $28.21 on over 8.09 million shares after analysts were expecting Sunoco Inc. to report earnings of $-0.10 for last quarter, but SUN missed expectations with actual earnings of $-0.29 which is 19 cents below the consensus estimate. Sunoco, Inc. through its subsidiaries, is principally a petroleum refiner and marketer and chemicals manufacturer with interests in logistics and cokemaking. The Company's petroleum refining and marketing operations include the manufacturing and marketing of a full range of petroleum products, including fuels, lubricants and some petrochemicals.
CVR Energy, Inc. (NYSE:CVI) declined 17.56% to $8.50. The Stock hit an intraday high and an intraday low of $9 and $8.10 respectively. In the last six months the stock went up over 6%. CVR Energy, Inc. and its subsidiaries is an independent refiner and marketer of transportation fuels. In addition, the Company owns the interests, a limited partnership, which produces nitrogen fertilizers in the form of ammonia and UAN.
ABOUT http://www.PennyStockPickalert.com
Penny Stock Pick Alerts by PennyStockPickAlert.com. If you are planning to invest into Stock Market then you must subscribe to Free Stock Newsletter and Alerts. We are a leading stock web site that provides free stock alerts on hot penny stocks that are poised to make big gains. We also tracks small cap penny stocks that could be on the brink of a massive breakout .
PennyStockPickAlert.com
Robert Wilson
214 556 6798
info@pennystockpickalert.com
Source: EmailWire.Com
