<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>Stock Market News &#38; Stocks to Watch from StraightStocks &#187; oil and gas sales</title>
	<atom:link href="http://www.straightstocks.com/tag/oil-and-gas-sales/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.straightstocks.com</link>
	<description>Leading Stock Market News, Opinions and Commentary</description>
	<lastBuildDate>Tue, 24 Nov 2009 18:56:56 +0000</lastBuildDate>
	<generator>http://wordpress.org/?v=2.8.5</generator>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
			<item>
		<title>Comstock Posts Loss, Falls Short &#8211; Analyst Blog</title>
		<link>http://www.straightstocks.com/stock-watch/comstock-posts-loss-falls-short-analyst-blog/</link>
		<comments>http://www.straightstocks.com/stock-watch/comstock-posts-loss-falls-short-analyst-blog/#comments</comments>
		<pubDate>Mon, 09 Nov 2009 15:15:49 +0000</pubDate>
		<dc:creator>Zacks Market Commentaries</dc:creator>
				<category><![CDATA[Investing Lessons]]></category>
		<category><![CDATA[Stocks to Watch]]></category>
		<category><![CDATA[Analyst]]></category>
		<category><![CDATA[average natural gas realization]]></category>
		<category><![CDATA[average oil price realization]]></category>
		<category><![CDATA[cent;]]></category>
		<category><![CDATA[Comstock Resources Inc.]]></category>
		<category><![CDATA[Costs & Expenses Oil and gas]]></category>
		<category><![CDATA[Haynesville]]></category>
		<category><![CDATA[Natural Gas]]></category>
		<category><![CDATA[Oil]]></category>
		<category><![CDATA[oil and gas sales]]></category>
		<category><![CDATA[USD]]></category>
		<category><![CDATA[Zacks Market Commentaries]]></category>

		<guid isPermaLink="false">http://www.zacks.com/stock/news/27043/Comstock+Posts+Loss%2C+Falls+Short+-+Analyst+Blog</guid>
		<description><![CDATA[<br />
<strong>Oil and natural gas firm Comstock Resources Inc.</strong> (<a href="http://www.zacks.com/stock/CRK">CRK</a>) reported weaker-than-expected third quarter results as low commodity prices more than offset the rise in production volumes. Loss from continuing operations came in at 28 cents per share, 2 cents wider than the Zacks Consensus Estimate of 26 cents. In the year-ago period, the company earned $1.18 per share. Oil and gas sales were down 58.8% year-over-year to $67.4 million. <br />
<br />
<u>Volume Growth</u> <br />
The company&#8217;s operational performance during the quarter continued to reflect the success of its enhanced onshore drilling programs and property acquisitions, resulting in quarterly volume growth of 13.2% year-over-year to 17.0 billion cubic feet equivalent (Bcfe), of which 94% was natural gas. Production in the East Texas/North Louisiana operating region increased 33.7% to 10.7 Bcfe, while production from the South Texas properties came in at 5.0 Bcfe, an approximately 6.7% decrease from the year-earlier level. <br />
<br />
<u>Price Realizations Down</u> <br />
Average price realization per thousand cubic feet equivalent (Mcfe) was $3.98, down 63.6% from the year-ago quarter. Average oil price realization was $57.96 per barrel and average natural gas realization was $3.63 per Mcf, compared to $105.15 per barrel and $10.16 per Mcf, respectively, in the year-earlier quarter.<br />
 <br />
<u>Costs &#38; Expenses</u> <br />
Oil and gas operating costs were down 25.7% from the third quarter of 2008 to $16.0 million. However, overall operating expenses increased 1.9% year-over-year to $79.0 million. <br />
<br />
<u>Cash Flow &#38; EBITDAX</u><br />
Comstock generated operating cash flow from continuing operations of $70.0 million, a decrease of 47.4% from the year-earlier period. Quarterly EBITDAX (earnings before interest, taxes, depreciation, depletion, amortization, exploration expense, and other non-cash expenses) decreased 66.3% year-over-year to $46.8 million. <br />
<br />
<u>Capital Expenditure</u> <br />
During the third quarter of 2009, Comstock spent $79.0 million on its exploration and development activities. Management guided towards full-year 2009 drilling spending budget of $355 million. Of the 2009 spending budget, 90% is dedicated to the company&#8217;s East Texas/North Louisiana operating region. The 2009 drilling program consists of approximately 52 wells (38.4 net). Of these, 41 wells (30.6 net) are horizontal Haynesville shale wells. <br />
<br />
<u>Balance Sheet</u> <br />
At the end of the quarter, Comstock had approximately $3.1 million in cash and cash equivalents and $340 million in long-term debt. Debt-to-capitalization at the end of the quarter was 24.2%.<br /><a href="http://register.zacks.com/ucd/step1.php?ALERT=YAHOO_ZR&#38;d_alert=rd_final_rank&#38;ADID=GENSYND_ZER&#38;t=CRK">Read the full analyst report on "CRK"</a><br /><a href="http://www.zacks.com">Zacks Investment Research</a><br />]]></description>
		<wfw:commentRss>http://www.straightstocks.com/stock-watch/comstock-posts-loss-falls-short-analyst-blog/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>ERF Wireless, Inc. (ERFW.OB) and Schlumberger (SLB) Enter Exclusive Reseller Agreement for United States and Canada</title>
		<link>http://www.straightstocks.com/small-cap-and-micro-cap-stocks/erf-wireless-inc-erfwob-and-schlumberger-slb-enter-exclusive-reseller-agreement-for-united-states-and-canada/</link>
		<comments>http://www.straightstocks.com/small-cap-and-micro-cap-stocks/erf-wireless-inc-erfwob-and-schlumberger-slb-enter-exclusive-reseller-agreement-for-united-states-and-canada/#comments</comments>
		<pubDate>Fri, 16 Jan 2009 14:55:10 +0000</pubDate>
		<dc:creator>QualityStocks</dc:creator>
				<category><![CDATA[Small & Micro Cap]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[energy]]></category>
		<category><![CDATA[ERF Wireless Inc.;]]></category>
		<category><![CDATA[ERF Wireless Oil and Gas Services;]]></category>
		<category><![CDATA[H. Dean Cubley;]]></category>
		<category><![CDATA[John Nagel;]]></category>
		<category><![CDATA[North America]]></category>
		<category><![CDATA[oil and gas industry]]></category>
		<category><![CDATA[oil and gas market]]></category>
		<category><![CDATA[oil and gas sales]]></category>
		<category><![CDATA[oil and gas sector]]></category>
		<category><![CDATA[Schlumberger]]></category>
		<category><![CDATA[Slavo Pastor;]]></category>
		<category><![CDATA[terrestrial communications products;]]></category>
		<category><![CDATA[ubiquitous communications;]]></category>
		<category><![CDATA[United States]]></category>
		<category><![CDATA[wireless broadband]]></category>
		<category><![CDATA[wireless broadband services;]]></category>
		<category><![CDATA[wireless networks]]></category>

		<guid isPermaLink="false">http://Blog.QualityStocks.net/?p=14270</guid>
		<description><![CDATA[Today before the bell, ERF Wireless, Inc. and Schlumberger announced that they have signed an exclusive agreement for delivery of wireless broadband services throughout North America. As terms of the agreement, Schlumberger will exclusively resell wireless broadband and WiMAX terrestrial communications products and services from ERF Wireless in the North American oil and gas market. [...]]]></description>
		<wfw:commentRss>http://www.straightstocks.com/small-cap-and-micro-cap-stocks/erf-wireless-inc-erfwob-and-schlumberger-slb-enter-exclusive-reseller-agreement-for-united-states-and-canada/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>My Three Top Asian Energy Companies &#8230;</title>
		<link>http://www.straightstocks.com/market-commentary/my-three-top-asian-energy-companies/</link>
		<comments>http://www.straightstocks.com/market-commentary/my-three-top-asian-energy-companies/#comments</comments>
		<pubDate>Thu, 04 Sep 2008 07:30:00 +0000</pubDate>
		<dc:creator>Larry Edelson</dc:creator>
				<category><![CDATA[Market Commentary]]></category>
		<category><![CDATA[Asia]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[Cnooc Ltd]]></category>
		<category><![CDATA[Coal Miner]]></category>
		<category><![CDATA[crude oil reserves]]></category>
		<category><![CDATA[energy]]></category>
		<category><![CDATA[energy dynamos]]></category>
		<category><![CDATA[energy markets]]></category>
		<category><![CDATA[energy needs]]></category>
		<category><![CDATA[Energy Prices]]></category>
		<category><![CDATA[Hong Kong]]></category>
		<category><![CDATA[Las Vegas]]></category>
		<category><![CDATA[Macau]]></category>
		<category><![CDATA[Macau's government]]></category>
		<category><![CDATA[Martin D. Weiss]]></category>
		<category><![CDATA[Natural Gas]]></category>
		<category><![CDATA[Oil]]></category>
		<category><![CDATA[oil and gas prices]]></category>
		<category><![CDATA[oil and gas sales]]></category>
		<category><![CDATA[Oil Industry]]></category>
		<category><![CDATA[Sinopec]]></category>
		<category><![CDATA[SNP]]></category>
		<category><![CDATA[Thailand]]></category>
		<category><![CDATA[Unocal]]></category>
		<category><![CDATA[USD]]></category>
		<category><![CDATA[Yanzhou Coal Mining Co. Ltd.]]></category>

		<guid isPermaLink="false">tag:www.moneyandmarkets.com://334d0a1ccb3717a3f88272ab78b21ca2</guid>
		<description><![CDATA[I'm writing this while on a short holiday in Macau, Asia's booming Las Vegas. And let me tell you (again) — judging by what I'm seeing in Macau, there are very few signs of a slowdown in ...]]></description>
		<wfw:commentRss>http://www.straightstocks.com/market-commentary/my-three-top-asian-energy-companies/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Top Performing Stocks for the Week Ended Aug 29 &#8211; Zacks #1 Rank Top Performers</title>
		<link>http://www.straightstocks.com/stock-watch/top-performing-stocks-for-the-week-ended-aug-29-zacks-1-rank-top-performers/</link>
		<comments>http://www.straightstocks.com/stock-watch/top-performing-stocks-for-the-week-ended-aug-29-zacks-1-rank-top-performers/#comments</comments>
		<pubDate>Wed, 03 Sep 2008 00:00:00 +0000</pubDate>
		<dc:creator>James Giaquinto</dc:creator>
				<category><![CDATA[Stocks to Watch]]></category>
		<category><![CDATA[average realized oil price]]></category>
		<category><![CDATA[cents]]></category>
		<category><![CDATA[CNOOC Limited]]></category>
		<category><![CDATA[Comfort Systems USA Inc]]></category>
		<category><![CDATA[Delcard Associates Inc.]]></category>
		<category><![CDATA[high oil prices]]></category>
		<category><![CDATA[Innophos Holdings Inc.]]></category>
		<category><![CDATA[Oil]]></category>
		<category><![CDATA[oil and gas sales]]></category>
		<category><![CDATA[phosphate producer]]></category>
		<category><![CDATA[supply chain services]]></category>
		<category><![CDATA[True Religion Apparel Inc]]></category>
		<category><![CDATA[USD]]></category>
		<category><![CDATA[UTi Worldwide Inc]]></category>

		<guid isPermaLink="false">http://www.zacks.com/commentary/8482/Top+Performing+Stocks+for+the+Week+Ended+Aug+29+-+Zacks+%231+Rank+Top+Performers</guid>
		<description><![CDATA[The five best performing stocks on the Zacks #1 Rank List last week were: CNOOC Limited (<a href="http://www.zacks.com/stock/quote/CEO">CEO</a>), UTi Worldwide Inc. (<a href="http://www.zacks.com/stock/quote/UTIW">UTIW</a>), True Religion Apparel, Inc. (<a href="http://www.zacks.com/stock/quote/TRLG">TRLG</a>), Comfort Systems USA, Inc. (<a href="http://www.zacks.com/stock/quote/FIX">FIX</a>) and Innophos Holdings, Inc. (<a href="http://www.zacks.com/stock/quote/IPHS">IPHS</a>). <p>  

<table align="right"><tr><td></td></tr></table>

<b>CNOOC Limited</b> (<a href="http://www.zacks.com/stock/quote/CEO">CEO</a>) made the Zacks #1 Rank Top Performers List for the week ended Aug 29 as shares advanced 10.2%. Earnings estimates for this year are moving in the right direction, gaining approximately 22.6% in 2 months and 7.5% in the 7 days. Furthermore, analysts currently expect a more than 23% improvement in earnings next year, compared to this year. </p><p>

The Chinese oil company enjoyed a strong first half of 2008 as it capitalized on high oil prices. Net profit for the period grew by more than 89% over the same period a year earlier. Oil and gas sales advanced 63.9%. In addition, its average realized oil price jumped 74.3% to US$102.49. </p><p> 

<b>UTi Worldwide Inc.</b> (<a href="http://www.zacks.com/stock/quote/UTIW">UTIW</a>) gained more than 10.1% in the week prior to its fiscal second-quarter report, which is scheduled for tomorrow. The supply chain services and solutions company has put together several consecutive quarters of better-than-expected EPS; amassing an average surprise of approximately 8.4% over the past four quarters. At the moment, analysts expect earnings estimates for next year, ending January 2010, to advance about 18% from this year, ending January 2009.  </p><p>

For its fiscal first quarter, UTIW announced earnings per share of 18 cents, excluding items, which topped the consensus by 12.5%. Revenues jumped 26% to almost $1.19 billion from $944.7 million last year. The company stated that revenues continued to outpace the market due mainly to solid organic growth. UTIW was able to gain market share during a difficult environment and expects this trend to continue in fiscal 2009, though the soft economy could pose problems. For its fiscal second quarter, analysts are expecting 27 cents. </p><p> 

Despite a difficult economic environment, <b>True Religion Apparel, Inc.</b> (<a href="http://www.zacks.com/stock/quote/TRLG">TRLG</a>) is expanding, while reporting record-breaking revenue and earnings growth. Shares of the premium jeans maker advanced 7.5% last week. Earnings estimates for this year are up 5.7% over the past month, and analysts currently expect next year's earnings to improve approximately 21.7% from this year.  </p><p>

In its second-quarter report from early August, TRLG raised its 2008 EPS guidance to between $1.61 and $1.65, compared to its previous guidance of $1.52 to $1.56. The company stated that its first-half performance, along with increased visibility into the second half, led to the raised outlook. Earnings per share in the quarter advanced to 39 cents, which bettered the consensus estimate by almost 18.2%. Net sales increased practically 79% to $64.2 million from last year's $35.9 million. Furthermore, TRLG opened 12 new stores during the quarter, and raised its targeted 2008 store count to 39 stores by the end of 2008.  </p><p> 

<b>Comfort Systems USA, Inc.</b> (<a href="http://www.zacks.com/stock/quote/FIX">FIX</a>) shares gained almost 6.9% last week. On Aug 18, the company announced that it acquired Delcard Associates, Inc., a full-service commercial industrial and institutional heating, ventilation and air conditioning (HVAC) company. In addition, FIX's Board authorized increases in its stock repurchase program. FIX was also featured as a Growth &#38; Income Buy Stock of the Day at Zacks.com on Sept 2.  </p><p>

In the second quarter, FIX reported earnings per share of 38 cents, compared to 25 cents in the previous year. The result also eclipsed the consensus by more than 15%. Revenues of approximately $355 million (or $318.7 million on a same-store basis) advanced from $280.5 million in 2007. Over the past month, earnings estimates for this year advanced 6.8%. </p><p>

<b>Innophos Holdings, Inc.</b> (<a href="http://www.zacks.com/stock/quote/IPHS">IPHS</a>) is a phosphate producer with a solid earnings trend. Expectations for this year are up 172% over the past 2 months, including a gain of 26% in just the past 7 days. IPHS made the Zacks #1 Rank Top Performers List for last week as shares gained 6.7%. </p><p>

In late July, IPHS reported a second-quarter earnings per share surprise of almost 215%, as its result of $2.74 easily exceeded the consensus of 87 cents. It also reversed a year-ago loss. The company has been able to successfully increase prices, which helped revenue to grow by almost 74% to $264 million. </p><p>


<br /><a href="http://register.zacks.com/ucd/step1.php?ALERT=YAHOO_ZR&#38;d_alert=rd_final_rank&#38;ADID=YAHOO_content_ZRANK&#38;t=TRLG">"TRLG" Free Stock Analysis: Buy? Sell? Hold?</a><br /><a href="http://register.zacks.com/ucd/step1.php?ALERT=YAHOO_ZR&#38;d_alert=rd_final_rank&#38;ADID=YAHOO_content_ZRANK&#38;t=UTIW">"UTIW" Free Stock Analysis: Buy? Sell? Hold?</a><br /><a href="http://www.zacks.com">Zacks Investment Research</a><br /></p>]]></description>
		<wfw:commentRss>http://www.straightstocks.com/stock-watch/top-performing-stocks-for-the-week-ended-aug-29-zacks-1-rank-top-performers/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Top Performing Stocks for the Week Ended Aug 29 &#8211; Zacks #1 Rank Top Performers</title>
		<link>http://www.straightstocks.com/stock-watch/top-performing-stocks-for-the-week-ended-aug-29-zacks-1-rank-top-performers/</link>
		<comments>http://www.straightstocks.com/stock-watch/top-performing-stocks-for-the-week-ended-aug-29-zacks-1-rank-top-performers/#comments</comments>
		<pubDate>Wed, 03 Sep 2008 00:00:00 +0000</pubDate>
		<dc:creator>James Giaquinto</dc:creator>
				<category><![CDATA[Stocks to Watch]]></category>
		<category><![CDATA[average realized oil price]]></category>
		<category><![CDATA[cents]]></category>
		<category><![CDATA[CNOOC Limited]]></category>
		<category><![CDATA[Comfort Systems USA Inc]]></category>
		<category><![CDATA[Delcard Associates Inc.]]></category>
		<category><![CDATA[high oil prices]]></category>
		<category><![CDATA[Innophos Holdings Inc.]]></category>
		<category><![CDATA[Oil]]></category>
		<category><![CDATA[oil and gas sales]]></category>
		<category><![CDATA[phosphate producer]]></category>
		<category><![CDATA[supply chain services]]></category>
		<category><![CDATA[True Religion Apparel Inc]]></category>
		<category><![CDATA[USD]]></category>
		<category><![CDATA[UTi Worldwide Inc]]></category>

		<guid isPermaLink="false">http://www.zacks.com/commentary/8482/Top+Performing+Stocks+for+the+Week+Ended+Aug+29+-+Zacks+%231+Rank+Top+Performers</guid>
		<description><![CDATA[The five best performing stocks on the Zacks #1 Rank List last week were: CNOOC Limited (<a href="http://www.zacks.com/stock/quote/CEO">CEO</a>), UTi Worldwide Inc. (<a href="http://www.zacks.com/stock/quote/UTIW">UTIW</a>), True Religion Apparel, Inc. (<a href="http://www.zacks.com/stock/quote/TRLG">TRLG</a>), Comfort Systems USA, Inc. (<a href="http://www.zacks.com/stock/quote/FIX">FIX</a>) and Innophos Holdings, Inc. (<a href="http://www.zacks.com/stock/quote/IPHS">IPHS</a>). <p>  

<table align="right"><tr><td></td></tr></table>

<b>CNOOC Limited</b> (<a href="http://www.zacks.com/stock/quote/CEO">CEO</a>) made the Zacks #1 Rank Top Performers List for the week ended Aug 29 as shares advanced 10.2%. Earnings estimates for this year are moving in the right direction, gaining approximately 22.6% in 2 months and 7.5% in the 7 days. Furthermore, analysts currently expect a more than 23% improvement in earnings next year, compared to this year. </p><p>

The Chinese oil company enjoyed a strong first half of 2008 as it capitalized on high oil prices. Net profit for the period grew by more than 89% over the same period a year earlier. Oil and gas sales advanced 63.9%. In addition, its average realized oil price jumped 74.3% to US$102.49. </p><p> 

<b>UTi Worldwide Inc.</b> (<a href="http://www.zacks.com/stock/quote/UTIW">UTIW</a>) gained more than 10.1% in the week prior to its fiscal second-quarter report, which is scheduled for tomorrow. The supply chain services and solutions company has put together several consecutive quarters of better-than-expected EPS; amassing an average surprise of approximately 8.4% over the past four quarters. At the moment, analysts expect earnings estimates for next year, ending January 2010, to advance about 18% from this year, ending January 2009.  </p><p>

For its fiscal first quarter, UTIW announced earnings per share of 18 cents, excluding items, which topped the consensus by 12.5%. Revenues jumped 26% to almost $1.19 billion from $944.7 million last year. The company stated that revenues continued to outpace the market due mainly to solid organic growth. UTIW was able to gain market share during a difficult environment and expects this trend to continue in fiscal 2009, though the soft economy could pose problems. For its fiscal second quarter, analysts are expecting 27 cents. </p><p> 

Despite a difficult economic environment, <b>True Religion Apparel, Inc.</b> (<a href="http://www.zacks.com/stock/quote/TRLG">TRLG</a>) is expanding, while reporting record-breaking revenue and earnings growth. Shares of the premium jeans maker advanced 7.5% last week. Earnings estimates for this year are up 5.7% over the past month, and analysts currently expect next year's earnings to improve approximately 21.7% from this year.  </p><p>

In its second-quarter report from early August, TRLG raised its 2008 EPS guidance to between $1.61 and $1.65, compared to its previous guidance of $1.52 to $1.56. The company stated that its first-half performance, along with increased visibility into the second half, led to the raised outlook. Earnings per share in the quarter advanced to 39 cents, which bettered the consensus estimate by almost 18.2%. Net sales increased practically 79% to $64.2 million from last year's $35.9 million. Furthermore, TRLG opened 12 new stores during the quarter, and raised its targeted 2008 store count to 39 stores by the end of 2008.  </p><p> 

<b>Comfort Systems USA, Inc.</b> (<a href="http://www.zacks.com/stock/quote/FIX">FIX</a>) shares gained almost 6.9% last week. On Aug 18, the company announced that it acquired Delcard Associates, Inc., a full-service commercial industrial and institutional heating, ventilation and air conditioning (HVAC) company. In addition, FIX's Board authorized increases in its stock repurchase program. FIX was also featured as a Growth &#38; Income Buy Stock of the Day at Zacks.com on Sept 2.  </p><p>

In the second quarter, FIX reported earnings per share of 38 cents, compared to 25 cents in the previous year. The result also eclipsed the consensus by more than 15%. Revenues of approximately $355 million (or $318.7 million on a same-store basis) advanced from $280.5 million in 2007. Over the past month, earnings estimates for this year advanced 6.8%. </p><p>

<b>Innophos Holdings, Inc.</b> (<a href="http://www.zacks.com/stock/quote/IPHS">IPHS</a>) is a phosphate producer with a solid earnings trend. Expectations for this year are up 172% over the past 2 months, including a gain of 26% in just the past 7 days. IPHS made the Zacks #1 Rank Top Performers List for last week as shares gained 6.7%. </p><p>

In late July, IPHS reported a second-quarter earnings per share surprise of almost 215%, as its result of $2.74 easily exceeded the consensus of 87 cents. It also reversed a year-ago loss. The company has been able to successfully increase prices, which helped revenue to grow by almost 74% to $264 million. </p><p>


<br /><a href="http://register.zacks.com/ucd/step1.php?ALERT=YAHOO_ZR&#38;d_alert=rd_final_rank&#38;ADID=YAHOO_content_ZRANK&#38;t=TRLG">"TRLG" Free Stock Analysis: Buy? Sell? Hold?</a><br /><a href="http://register.zacks.com/ucd/step1.php?ALERT=YAHOO_ZR&#38;d_alert=rd_final_rank&#38;ADID=YAHOO_content_ZRANK&#38;t=UTIW">"UTIW" Free Stock Analysis: Buy? Sell? Hold?</a><br /><a href="http://www.zacks.com">Zacks Investment Research</a><br /></p>]]></description>
		<wfw:commentRss>http://www.straightstocks.com/stock-watch/top-performing-stocks-for-the-week-ended-aug-29-zacks-1-rank-top-performers/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Top Performing Stocks for the Week Ended Aug 29 &#8211; Zacks #1 Rank Top Performers</title>
		<link>http://www.straightstocks.com/stock-watch/top-performing-stocks-for-the-week-ended-aug-29-zacks-1-rank-top-performers/</link>
		<comments>http://www.straightstocks.com/stock-watch/top-performing-stocks-for-the-week-ended-aug-29-zacks-1-rank-top-performers/#comments</comments>
		<pubDate>Wed, 03 Sep 2008 00:00:00 +0000</pubDate>
		<dc:creator>James Giaquinto</dc:creator>
				<category><![CDATA[Stocks to Watch]]></category>
		<category><![CDATA[average realized oil price]]></category>
		<category><![CDATA[cents]]></category>
		<category><![CDATA[CNOOC Limited]]></category>
		<category><![CDATA[Comfort Systems USA Inc]]></category>
		<category><![CDATA[Delcard Associates Inc.]]></category>
		<category><![CDATA[high oil prices]]></category>
		<category><![CDATA[Innophos Holdings Inc.]]></category>
		<category><![CDATA[Oil]]></category>
		<category><![CDATA[oil and gas sales]]></category>
		<category><![CDATA[phosphate producer]]></category>
		<category><![CDATA[supply chain services]]></category>
		<category><![CDATA[True Religion Apparel Inc]]></category>
		<category><![CDATA[USD]]></category>
		<category><![CDATA[UTi Worldwide Inc]]></category>

		<guid isPermaLink="false">http://www.zacks.com/commentary/8482/Top+Performing+Stocks+for+the+Week+Ended+Aug+29+-+Zacks+%231+Rank+Top+Performers</guid>
		<description><![CDATA[The five best performing stocks on the Zacks #1 Rank List last week were: CNOOC Limited (<a href="http://www.zacks.com/stock/quote/CEO">CEO</a>), UTi Worldwide Inc. (<a href="http://www.zacks.com/stock/quote/UTIW">UTIW</a>), True Religion Apparel, Inc. (<a href="http://www.zacks.com/stock/quote/TRLG">TRLG</a>), Comfort Systems USA, Inc. (<a href="http://www.zacks.com/stock/quote/FIX">FIX</a>) and Innophos Holdings, Inc. (<a href="http://www.zacks.com/stock/quote/IPHS">IPHS</a>). <p>  

<table align="right"><tr><td></td></tr></table>

<b>CNOOC Limited</b> (<a href="http://www.zacks.com/stock/quote/CEO">CEO</a>) made the Zacks #1 Rank Top Performers List for the week ended Aug 29 as shares advanced 10.2%. Earnings estimates for this year are moving in the right direction, gaining approximately 22.6% in 2 months and 7.5% in the 7 days. Furthermore, analysts currently expect a more than 23% improvement in earnings next year, compared to this year. </p><p>

The Chinese oil company enjoyed a strong first half of 2008 as it capitalized on high oil prices. Net profit for the period grew by more than 89% over the same period a year earlier. Oil and gas sales advanced 63.9%. In addition, its average realized oil price jumped 74.3% to US$102.49. </p><p> 

<b>UTi Worldwide Inc.</b> (<a href="http://www.zacks.com/stock/quote/UTIW">UTIW</a>) gained more than 10.1% in the week prior to its fiscal second-quarter report, which is scheduled for tomorrow. The supply chain services and solutions company has put together several consecutive quarters of better-than-expected EPS; amassing an average surprise of approximately 8.4% over the past four quarters. At the moment, analysts expect earnings estimates for next year, ending January 2010, to advance about 18% from this year, ending January 2009.  </p><p>

For its fiscal first quarter, UTIW announced earnings per share of 18 cents, excluding items, which topped the consensus by 12.5%. Revenues jumped 26% to almost $1.19 billion from $944.7 million last year. The company stated that revenues continued to outpace the market due mainly to solid organic growth. UTIW was able to gain market share during a difficult environment and expects this trend to continue in fiscal 2009, though the soft economy could pose problems. For its fiscal second quarter, analysts are expecting 27 cents. </p><p> 

Despite a difficult economic environment, <b>True Religion Apparel, Inc.</b> (<a href="http://www.zacks.com/stock/quote/TRLG">TRLG</a>) is expanding, while reporting record-breaking revenue and earnings growth. Shares of the premium jeans maker advanced 7.5% last week. Earnings estimates for this year are up 5.7% over the past month, and analysts currently expect next year's earnings to improve approximately 21.7% from this year.  </p><p>

In its second-quarter report from early August, TRLG raised its 2008 EPS guidance to between $1.61 and $1.65, compared to its previous guidance of $1.52 to $1.56. The company stated that its first-half performance, along with increased visibility into the second half, led to the raised outlook. Earnings per share in the quarter advanced to 39 cents, which bettered the consensus estimate by almost 18.2%. Net sales increased practically 79% to $64.2 million from last year's $35.9 million. Furthermore, TRLG opened 12 new stores during the quarter, and raised its targeted 2008 store count to 39 stores by the end of 2008.  </p><p> 

<b>Comfort Systems USA, Inc.</b> (<a href="http://www.zacks.com/stock/quote/FIX">FIX</a>) shares gained almost 6.9% last week. On Aug 18, the company announced that it acquired Delcard Associates, Inc., a full-service commercial industrial and institutional heating, ventilation and air conditioning (HVAC) company. In addition, FIX's Board authorized increases in its stock repurchase program. FIX was also featured as a Growth &#38; Income Buy Stock of the Day at Zacks.com on Sept 2.  </p><p>

In the second quarter, FIX reported earnings per share of 38 cents, compared to 25 cents in the previous year. The result also eclipsed the consensus by more than 15%. Revenues of approximately $355 million (or $318.7 million on a same-store basis) advanced from $280.5 million in 2007. Over the past month, earnings estimates for this year advanced 6.8%. </p><p>

<b>Innophos Holdings, Inc.</b> (<a href="http://www.zacks.com/stock/quote/IPHS">IPHS</a>) is a phosphate producer with a solid earnings trend. Expectations for this year are up 172% over the past 2 months, including a gain of 26% in just the past 7 days. IPHS made the Zacks #1 Rank Top Performers List for last week as shares gained 6.7%. </p><p>

In late July, IPHS reported a second-quarter earnings per share surprise of almost 215%, as its result of $2.74 easily exceeded the consensus of 87 cents. It also reversed a year-ago loss. The company has been able to successfully increase prices, which helped revenue to grow by almost 74% to $264 million. </p><p>


<br /><a href="http://register.zacks.com/ucd/step1.php?ALERT=YAHOO_ZR&#38;d_alert=rd_final_rank&#38;ADID=YAHOO_content_ZRANK&#38;t=TRLG">"TRLG" Free Stock Analysis: Buy? Sell? Hold?</a><br /><a href="http://register.zacks.com/ucd/step1.php?ALERT=YAHOO_ZR&#38;d_alert=rd_final_rank&#38;ADID=YAHOO_content_ZRANK&#38;t=UTIW">"UTIW" Free Stock Analysis: Buy? Sell? Hold?</a><br /><a href="http://www.zacks.com">Zacks Investment Research</a><br /></p>]]></description>
		<wfw:commentRss>http://www.straightstocks.com/stock-watch/top-performing-stocks-for-the-week-ended-aug-29-zacks-1-rank-top-performers/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>
