| Ultra Petroleum Gains Last Week, Petrobras Breaks Winning Streak | |
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Who Are the Major Energy Movers in the Week to May 1? (Part 1 of 4) Upstream movers
In the week to May 1, WTI (West Texas Intermediate) crude oil gained ~3.5%. Henry Hub natural gas gained almost 10%. In this series, we’ll be looking at how American energy companies fared last week.
First, we’ll look at the best and worst performers of the upstream and integrated energy subsectors. We’ve selected only companies with market capitalizations of more than $1 billion and 30-day average daily volumes of more than a million shares.
Top gainers
Ultra Petroleum Corp. (UPL) gained the most among our select group last week. It rose ~14.5%. UPL has lost ~21% over the last six months but has gained by more than a third since the start of the year.
Chesapeake Energy Corporation (CHK) followed Ultra Petroleum among our top upstream and integrated gainers in the week to May 1. It gained ~14% last week but is down ~22% and ~15.5% in the last six months and year-to-date, respectively.
Petrobras breaks winning streak
The top loser in our upstream and integrated list last week was Synergy Resources Corporation (SYRG). It lost ~5% in the week. Shares of SYRG are up ~9.5% in the last six months but down ~6% year-to-date.
Also down were American depositary receipts (or ADRs) of Brazilian integrated energy company Petróleo Brasileiro SA (PBR), or Petrobras. Petrobras ADRs were on a winning streak over the last few weeks before finally taking a breather in the week to May 1. They lost ~4.5% last week after rising ~13.7% in the week to April 24. PBR is now down ~16% over the last six months but up ~30% year-to-date.
For context, the broad market SPDR S&P 500 ETF Trust (SPY) lost ~0.5% in the week to May 1. The Energy Select Sector SPDR Fund (XLE), which tracks the American energy sector, gained ~1.1% last week.
Continue to Part 2 Browse this series on Market Realist:
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Ultra Petroleum Inc
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CODE : UPL |
ISIN : CA9039141093 |
CUSIP : 903914109 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Ultra Petroleum est une société de production minière de pétrole basée aux Etats-Unis D'Amerique. Ultra Petroleum est cotée aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 26,6 millions US$ (23,6 millions €). La valeur de son action a atteint son plus haut niveau récent le 13 juin 2008 à 99,39 US$, et son plus bas niveau récent le 07 août 2019 à 0,11 US$. Ultra Petroleum possède 197 100 000 actions en circulation. |