BP, Weatherford gains buoy energy stocks |
| MarketWatch - Jun 21, 2011 |
BP PLC’s shares rose nearly 3% Tuesday after Weatherford International Ltd. agreed to pay $75 million to settle claims related to the Macondo well blowout and oil spill in the Gulf of Mexico last year, as energy stocks made broad-based gains.
BP /quotes/zigman/247026/quotes/nls/bp BP +3.75% moved up by $1.07 to $42.92, as shares of Weatherford /quotes/zigman/504342/quotes/nls/wft WFT +2.84% advanced by 3% to $17.38.
/quotes/zigman/247026/quotes/nls/bp
BP 43.41, +1.57, +3.75%
75%50%25%0%-25%JASON11FMAMJ
The NYSE Arca Oil Index /quotes/zigman/1475596 XX:XOI +1.95% rose 1.3% to 1,262. The NYSE Arca Natural Gas Index /quotes/zigman/1468279 XX:XNG +1.60% jumped 1.2% to 655. The Philadelphia Oil Service Index /quotes/zigman/1470028 OSX +1.91% moved up by 1.4% to 254.
Other upside movers in the energy sector included Peabody Energy /quotes/zigman/282895/quotes/nls/btu BTU +3.99% , up 3.1%, and Tesoro Corp. /quotes/zigman/243084/quotes/nls/tso TSO +4.86% , ahead by 2.9%. Cameron
Read Full Article from MarketWatch
- Posted: 2011-06-21 09:58:40
| More Stock Investor Place Company News |
 |
|
|
|
| Stock Investor Place Company News Archive |
|
|
|
