Oil and Gas

Penn West Petroleum Ltd (USA) (NYSE:PWE) shares rose 17.24% to $0.840 on Monday but these gains might soon be returned. Penn West Petroleum Ltd (USA) (NYSE:PWE) shares are trading in a 52-week range of $0.45 to $2.02, which means that the current share price is still closer to the bottom...

Newpark Resources Inc (NYSE:NR) shares advanced 13.57% on Monday to $5.44 after the company received a stock upgrade from Credit Suisse. Newpark Resources Inc (NYSE:NR) has a market capitalization of $469.39 million at 84.11 million shares outstanding. Credit Suisse upgraded its shares to "Outperform" from their previous "Neutral" rating. Analysts...

EXCO Resources Inc (NYSE:XCO) shares rose 62.61% on Tuesday following reports that the company will streamline its board of directors with concentrated equity ownership. EXCO Resources Inc (NYSE:XCO) shares closed at $0.918 and chalked up an additional 2.35% gain in after-hours trading to $0.940. The company approximately $250 million of liquidity...

Clayton Williams Energy, Inc. (NYSE:CWEI) shares were up 15.51% to $22.95 on Monday after reports of insider trading by Ares Management. Clayton Williams Energy, Inc. (NYSE:CWEI) shares had been trading between a 52-week range of $6.35 to $73.15 so there's still significant room to climb if buyers stay in the...

Nutech Energy Resources Inc (OTCMKTS:NERG) shares jumped 40.91% to $0.00310 after the company received a buyout offer from TechnoInvest Oil and Gas Ltd. Nutech Energy Resources Inc (OTCMKTS:NERG), formerly EcoEmissions Solutions, Inc.,  is a natural gas and oil exploration and development company. It has developed a patented technology for the production of coalbed...