Miller Petroleum Inc (NYSE:MILL) shares slumped 0.58 (-14.68%) to $3.37. The stock has slumped over 54% in the past one week. Earlier this week, the company issued a letter to shareholders from the company’s CEO, Scott M. Boruff to address the recent blog on Miller, and the Current Report on Form 8-K filed this morning.
Oil States International, Inc. (NYSE:OIS) surged 1.86% to $83.39 and made a new 52-week high of $87. Earlier this week, the company reported net income for the quarter ended June 30, 2011 of $74.2 million, or $1.34 per diluted share, compared to $37.5 million, or $0.71 per diluted share, in the second quarter of 2010.
SM Energy Co. (NYSE:SM) surged 7.27 (9.62%) to $82.83 after the company reported Q2 EPS of $0.91, ahead of consensus estimates of $0.53 per share. Revenues rose 78.5% year-over-year to $377.9 million, topping consensus estimates of $307.5 million.
Oil & Gas Stocks Sector Trading Snapshot
- Avalon Oil and Gas, Inc. (PINK: AOGN) closed higher by 0.0005 (20.00%) at $0.0030.
- Eagle Rock Energy Partners, L.P. (NASDAQ:EROC) rose 0.22 (2.02%) and closed at $11.10.
- Transportadora de Gas del Sur SA (ADR) (NYSE:TGS) ended the day at $3.67, up 0.05 (1.38%).
- Adams Resources & Energy, Inc. (AMEX:AE) added 1.19% to $25.44.
The Company is a goal-oriented exploration and production (E&P) Company aiming to become an intermediate level oil and gas producer within 12 months. The Company is in production at the Poston Project in Trego County Kansas with new drilling activity and production underway at the North Oklahoma Oil Project. With the achievable target of becoming a 1000 BOE producer as our goal, American Petro-Hunter is actively on the "hunt" for domestic petroleum assets. Visit us at: www.americanpetrohunter.com
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