Following were the key Smallcap losers in the Oil & Gas sector on Wednesday. Keep an eye on these stocks.
Vertex Energy, Inc. (NASDAQ:VTNR) was one of the notable losers in the Oil & Gas Sector as the stock slid 5.70% to close at $8.10, cooling off from the recent big upmove. The stock saw total volume of over 32.54 million shares exchanged hands, compared to its average volume of 11.15 million shares. The stock opened at $7.94 and moved within a range of $7.50 – 8.56. The stock has gained 1037% so far this year. The stock is trading 25% below its 52-week high and 1922% higher from its 52-week low.
Hallador Energy Company (NASDAQ:HNRG) was under pressure on Wednesday as the stock fell 5.40% to end the session at $2.81. After opening at $2.92, the stock has moved within a wide range of $ 2.7500 – 2.9250. The stock has gained 91% so far in 2021 and moved up 64% over the past quarter. On Tuesday, the company announced today it will join with Hoosier Energy Rural Electric Cooperative, Inc. to develop up to 1000 megawatts (MW) of renewable power. The new generation will be located near the Merom Coal Generation Station in Sullivan, IN which Hoosier Energy expects to retire in May 2023.
CSI Compressco LP (NASDAQ:CCLP) was another loser in the Oil & Gas sector. The stock was down 3.10% at $1.89. More than 41K shares have been traded hands, compared to its average volume of 110K shares. Over the past 52-week, the stock moved within a range of $ 0.6200 – 2.3500. The stock has fallen 1% in the past quarter. The stock is trading 19% below its 52-week high and 317% higher from its 52-week low.