Oil and Gas

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...

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...

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...

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...

Midcoast Energy Partners LP (NYSE:MEP) are trading at $9.40, up 4.44% on Tuesday, and around the upper half of its 52-week range between $3.76 to $13.57. The company's stock has shown strong bullish momentum in May, thanks to upbeat earnings and analysts' upgrades. Midcoast Energy Partners is a limited partnership...