(EMAILWIRE.COM, March 10, 2010 ) Dallas, Tx - Valero Energy Corporation (NYSE:VLO) jumped 3.07% to $20.13. The stock has a 52-week range of $15.29-$23.61. So far in this year the stock went up over 20%.
To subscribe these free stock market alerts visit : http://www.SuperHotPennyStocks.com
Denbury Resources Inc. (NYSE:DNR) zoomed 1.49% to $15.66 after it announced that it has closed acquisition of Encore Acquisition Company (Encore). The combined company will continue to be known as Denbury Resources Inc. (the Company) and will be headquartered in Plano, Texas. In the merger, Denbury issued approximately 134.4 million shares of its common stock and paid approximately $829.4 million in cash to Encore stockholders. Number of Denbury shares issued to Encore public holders represents exchange ratio of 2.4048 Denbury shares and $15.00 in cash for each previously outstanding share of Encore common stock, based on overall 30% cash and 70% stock pro ration of overall consideration. The Denbury shares issued to Encore stockholders will represent approximately 33.9% of Denbury`s issued and outstanding common stock after merger, based upon Denbury shares outstanding at January 31, 2010. Trading in Encore`s common stock on NYSE terminated after market close on March 9, 2010.
Petroleo Brasileiro SA (ADR) (NYSE:PBR) climbed 0.94% to $46.22. The stock has a 52-week range of $27.51-$53.46.
Southwestern Energy Company (NYSE:SWN) rallied 1.98% to $44.76. The stock has a 52-week range of $26.82-$52.82.
Tesoro Corporation (NYSE:TSO) spurted 2.16% to $13.61. The stock has a 52-week range of $10.62-$18.77.
Petroleo Brasileiro SA (ADR) (NYSE:PBR.A) soared 1.12% to $41.62. The stock has a 52-week range of $22.31-$47.62.
Kodiak Oil & Gas Corp. (AMEX:KOG) surged 3.23% to $2.88. The stock today also touched a new 52 week high at $2.94.
Dune Energy, Inc. (AMEX:DNE) soared 14.77% to $0.252. The stock has a 52-week range of $0.16-$1.25.
Pengrowth Energy Trust (USA) (NYSE:PGH) advanced 3.57% to $11.30. The stock today also touched a new 52 week high at $11.38.
ABOUT http://www.SuperHotPennyStocks.com
Super Hot Penny Stocks alerts its members on daily stock trading so that they can invest wisely. Thousands of investors receive our daily stock alerts and have made huge gains in the best penny stocks. You can also take advantage of the information provided, to be really successful in the stock market business. We also track various hot stocks of the day, top gainers,52 week high and much more. You can also feature your web link on our website by contacting us through email.
###
Press release service and press release distribution by EmailWire.Com for public traded companies on NASDAQ, AMEX, OTC, TMX, CNSX and Pink Sheets Stock Exchanges - http://www.emailwire.com/press_release_service_otc_pink_sheets.php
Super Hot Penny Stocks
Robert
214 556 6798
info@superhotpennystocks.com
Source: EmailWire.Com
