Investing
The Week's Stock Market Winners: Chevron, Heinz, And Hershey
Published:
| S&P 500 WEEK TOP 10 (18 FEB -24 FEB) | Ticker | Weekly Price Change (%) | Close Price 24Feb11 | Close Price 18Feb11 | Market Cap($Mil) |
| Chesapeake Energy Corp | CHK | 12.9 | 34.35 | 30.43 | 22462.0 |
| Cabot Oil & Gas Corp | COG | 9.6 | 44.80 | 40.87 | 4658.0 |
| Range Resources Corp. | RRC | 7.8 | 52.09 | 48.31 | 8338.2 |
| V.F. Corp | VFC | 6.9 | 96.00 | 89.80 | 10412.5 |
| CONSOL Energy Inc. | CNX | 6.4 | 48.84 | 45.89 | 11049.4 |
| Heinz (H J) Co | HNZ | 3.9 | 49.57 | 47.72 | 15899.4 |
| Hershey Co | HSY | 3.9 | 52.28 | 50.33 | 8718.1 |
| Noble Corp | NE | 3.5 | 43.55 | 42.07 | 10986.8 |
| Chevron Corp | CVX | 3.4 | 102.03 | 98.72 | 205328.0 |
| DIRECTV | DTV | 3.2 | 45.72 | 44.30 | 38117.8 |
| Source: Capital IQ |
It was a particularly bad week for investors who have counted on surges in individual shares over the last two months. Only one stock, Chesapeake Energy (NYSE: CHK) rose more than 10%. The firm’s earning were strong, but more important to the markets were a potential decision by the energy company to spin off some of its services business.
The price of oil moved above $100 and several energy companies benefited. The shares of Cabot Oil & Gas (NYSE: COG) jumped 9.6%. CONSOL Energy (NYSE: CNX) shares were up 6.4%.
The stock price of energy mammoth Chevron (NYSE: CVX) closed the week 3,4% higher.
Douglas A. McIntyre
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