Pritchard Capital Provides Color on Exploration and Production

Pritchard Capital provided color on the exploration and production sector. In a research report published today, Pritchard Capital named its top picks as: "Apache Corporation (APA-$123.74), Bill Barrett Corporation (BBG-$46.66), Devon Energy Corporation (DVN-$78.76), Petrohawk Energy Corporation (HK-$25.36), Gastar Exploration Ltd (GST-$3.50) and Goodrich Petroleum Corporation (GDP-$18.38)." On Friday, Apache APA added 0.28% to its value to finish the week at $123.74, while Bill Barrett BBG rose 0.67% to close the week at $46.66. Among the winners on Friday were Petrohawk Energy HK, which added 2.8% to trade at $25.36, and Gastar Exploration GST, which added 2.04% to its value to end the day at $3.50. On the other hand, Devon Energy DVN and Goodrich Petroleum GDP suffered losses on Friday. Devon lost 0.06% of its value to finish the day at $78.76, while Goodrich lost 0.16% to end the week at $18.38.