Oil and Gas Stock Roundup: M&A, Analysts Fuel Oil Stocks This Week

Silhouettes Of Pumpjacks And Oil Workers

Image source: Getty Images.

Crude prices eked out a slight gained for the week, rising 0.1% and closing at $51.42 per barrel. That relatively calm oil market meant that oil stocks needed other catalysts to fuel big moves this week. Those arrived in the form of another major M&A deal, as well as several bullish analyst notes, which, according to data from S&P Global Market Intelligence, fueled the biggest stock moves in the energy market this week. Leading the way were Clayton Williams Energy (NYSE: CWEI), Sanchez Energy (NYSE: SN), Basic Energy Services (NYSE: BAS), and Emerge Energy Services (NYSE: EMES).

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