SGY, PQ, SFY were Biggest Oil & Gas Stocks Gainers by Penny Stock Pick Alerts

November 5, 2009

(EMAILWIRE.COM, November 05, 2009 ) Dallas, TX - Stone Energy Corporation (NYSE:SGY) surged 7.94% to $18.77 on over 3.14 million shares after the company yesterday announced net income of $51.1 million, or $1.06 per share, on operating revenue of $202.7 million for the third quarter of 2009 compared to net income of $34.1 million, or $1.04 per share, on operating revenue of $172.4 million for the third quarter of 2008. For the nine months ended September 30, 2009, Stone reported a net loss of $147.6 million, or $3.45 per share, on operating revenue of $515.1 million compared to net income of $179.2 million, or $5.97 per share.


PetroQuest Energy, Inc. (NYSE:PQ) was one of the gainers and rallied 5.19% to close at $6.08 on over 2.60 million shares. The stock hit an intraday high and low of $6.35 and $5.92 respectively. So far the stock prices went up over 38% in last six months. PetroQuest Energy, Inc. is an independent oil and gas company with operations in Oklahoma, Texas, Arkansas and the Gulf Coast Basin. During the year ended December 31, 2008, the Company drilled 109 gross exploratory wells and 41 gross development wells.


Swift Energy Company (NYSE:SFY) was one of the most active stocks as it gained over 4.99% to end the day at $23.36 on huge volume of 1.15 million shares. The stock hit an intraday high and low of $24.08 and $22.80 respectively. So far the stock prices went up over 85% in last six months. Swift Energy Company is engaged in developing, exploring, acquiring, and operating oil and natural gas properties, with a focus on oil and natural gas reserves onshore and in the inland waters of Louisiana and Texas.


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