The S&P Energy Index (+1.8%) is trading higher today and is currently
outperforming gains in the broader market (+1.2%).
Sector News: RNO (-1.4%) shares are weaker after the co announced a public
offering of 2.5 mln in common units. PDC (-1.0%) announced a 6 mln share common
stock offering pursuant to its effective shelf registration.
Broker calls: HFC (+0.7%) was initiated with an Outperform at Credit Suisse.
CLNE (+13.1%) shares are higher again after the co was upgraded to Buy at
BofA/Merrill. CNQ (+2.9%) was upgraded to Buy from Hold at Stifel Nicolaus. XCO
(+3.6%) shares were also upgraded to Buy, from Hold, at Stifel Nicolaus. CAM
(+2.1%) and CPX (+7.4%) were upgraded to Buy at Global Hunter Securities.






