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BDCO, NEL, ESTE are a few of the energy stocks on the move in a big way. |
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Released on Monday, February 13, 2012, 3:00 PM ET
Pittsburgh, PA (SpeculatingStocks) - The biggest winners in today's market on Monday, February 13, 2012, are energy stocks. Interesting enough, the 2013 budget was released today and it's a mixed bag for the energy industry. Big oil may be taking a hit, but alternative energy is still receiving a vote of support in the budget even with failures like Solyndra.
The #1 in today's market is Blue Dolphin Energy Company (NASDAQ:BDCO). BDCO is up $3.71 to $8.89 or 71%+ and not on any news of its own. BDCO is a nano-cap trading at a market cap of only around $18 million. The company is engaged in the pipeline transportation for producers/shippers and exploration and production of oil and gas in the US.
Mission NewEnergy Limited (NASDAQ:MNEL) is another nano-cap energy play moving significantly today, up $0.46 to $1.81 or 34%+. MNEL is a renewable energy company, owns and operates biodiesel refinery plants. MNEL started moving last Friday and continued the run into today.
Yet, another nano-cap energy stock is soaring today with Earthstone Energy, Inc. (AMEX:ESTE) up 20% from $3.50 to $21.00. ESTE is an independent US oil and gas exploration and production company. ESTE gapped higher today and is trading at its day-high.
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