Oil & Gas Stocks Losers (HERO, HOC, GDP)

Hercules Offshore, Inc. (NASDAQ:HERO) lost 6.48% to $3.64 on 1.17 million shares. The stock hit an intraday high and an intraday low of $3.75 and $3.57 respectively. In the last six months the stock went down over 22%.

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Holly Corporation (NYSE:HOC) is down 9.49% to $25.46 on 1.17 million shares after the company reported a wider-than-expected quarterly loss as the company continued to be hurt by weak refining margins. Net loss for the quarter was $40.6 million, or 79 cents a share, compared with a net income of $50.6 million, or $1.01 a share, in the same quarter last year.

Goodrich Petroleum Corporation (NYSE:GDP) slid 6.23% to $17.76 after the company reaffirmed its first quarter of 2010 production guidance of an average 88,000 to 91,000 Mcf per day, and fiscal 2010 guidance of 15% to 25% year-over-year production growth

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