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Apache Corporation (NYSE: APA) shares fell 4.58 percent to close at $75.37 a share Monday. The stock traded between $75.28 and $78.45 on volume of 6.77 million shares traded. Stifel Nicolaus has downgraded the company’s rating to “hold” citing "the potential risk of disruption" from the current political turmoil in Egypt. Shares of Apache have fallen approximately 4.0 percent year-to-date.
Get more information on Apache and free access to the in-depth equity report at:
www.FiveStarEquities.com/APA
Chesapeake Energy Corporation (NYSE: CHK) shares fell 0.92 percent to close at $24.77 a share Monday. The stock traded between $24.74 and $25.58 on volume of 9.1 million shares traded. According to a recent regulatory filing renowned investor Carl Icahn has increased his stake in Chesapeake Energy to 9.98 percent from 8.98 percent. Shares of Chesapeake Energy have gained approximately 49.0 percent year-to-date.
Get more information on Chesapeake Energy and free access to the in-depth equity report at:
www.FiveStarEquities.com/CHK
Cobalt International Energy, Inc. (NYSE: CIE) shares dropped 15.22 percent to close at $24.90 a share Monday. The stock traded between $24.75 and $25.85 on volume of 14.29 million shares traded. The company announced that its Ardennes #1 exploratory well reached its objective total depth and did not encounter commercial hydrocarbons.
Get more information on Cobalt International Energy and free access to the in-depth equity report at:
www.FiveStarEquities.com/CIE
ConocoPhillips (NYSE: COP) shares declined 2.30 percent to close at $65.83 a share Monday. The stock traded between $65.79 and $67.41 on volume of 6.44 million shares traded. The company announced that it has sold its wholly owned subsidiary, Trinidad and Tobago Holdings LLC, to the National Gas Company of Trinidad and Tobago Limited for approximately $600.0 million. Shares of ConocoPhillips have gained approximately 13.5 percent year-to-date.
Get more information on ConocoPhillips and free access to the in-depth equity report at:
www.FiveStarEquities.com/COP
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