Energy Stocks on the Rise: Southwestern Energy, Royal Dutch Shell, and BP Lead the Charge

Strategic Insights -

On Thursday, January 15, 2015, the energy industry experienced a slight uptick with top gainers such as Canadian Natural Resources, Statoil ASA, Enterprise Products Partners, and Petroleo Brasileiro SA Petrobras. However, among the three major indices, the Dow Jones Industrial Average (^DJI) was trading down 61 points (-0.3%) at 17,367. Despite this, the market saw notable gains in stocks like Southwestern Energy, Royal Dutch Shell, and BP, which are leading the charge in the energy sector.

Key Takeaways:

  • Southwestern Energy Company (SWN) is trading up $1.32 (5.7%) to $24.34 on heavy volume, with 50.3 million shares exchanged hands compared to its average daily volume of 7.8 million shares.
  • Royal Dutch Shell plc (RDS.A) is up $0.83 (1.3%) to $63.12 on heavy volume, with 5.2 million shares exchanged hands compared to its average daily volume of 3.4 million shares.
  • BP p.l.c. (BP) is up $0.32 (0.9%) to $35.99 on average volume, with 4.5 million shares exchanged hands compared to its average daily volume of 8.2 million shares.
  • TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months, including Southwestern Energy, Royal Dutch Shell, and BP.
  • Southwestern Energy has a market cap of $8.5 billion and is part of the basic materials sector, with shares down 15.7% year-to-date as of the close of trading on Wednesday.
  • Royal Dutch Shell has a market cap of $200.4 billion and is part of the basic materials sector, with shares down 7.0% year-to-date as of the close of trading on Wednesday.
  • BP has a market cap of $109.7 billion and is part of the basic materials sector, with shares down 6.4% year-to-date as of the close of trading on Wednesday.
  • TheStreet Ratings rates Southwestern Energy as a hold, Royal Dutch Shell as a buy, and BP as a hold.

Statistics:

  • The NYSE advances/declines ratio sits at 1,250 issues advancing vs. 1,743 declining with 165 unchanged.
  • The Energy industry is currently trading down 0.2% versus the S&P 500, which is down 0.4%.
  • Top gainers in the Energy industry include Canadian Natural Resources, Statoil ASA, Enterprise Products Partners, and Petroleo Brasileiro SA Petrobras.
  • Southwestern Energy is up 5.7% on the day, with 50.3 million shares exchanged hands.
  • Royal Dutch Shell is up 1.3% on the day, with 5.2 million shares exchanged hands.
  • BP is up 0.9% on the day, with 4.5 million shares exchanged hands.

Sources:

  • TheStreet
  • TheStreet Quant Ratings
  • Dow Jones Industrial Average (^DJI)
  • Energy Select Sector SPDR (XLE)
  • Proshares Short Oil & Gas (DDG)