EdgeWater 1/8/2011 12:24:39 AM
News / Business

Basic Material Stock Losers (SSRI, NBL, ATLS, PXP)

Basic Material Stock Losers

Silver Standard Resources Inc. (USA) (NASDAQ:SSRI) fell 4.47% to $24.37. Silver Standard Resources Inc. is a silver resource company that assembled a portfolio of silver-dominant projects located in seven countries in the Americas and Australia. The stock has average daily volume of 12.03 million shares. At today`s closing market price, the market capitalization of the company stands at $306.38 billion.

Noble Energy, Inc. (NYSE:NBL) lost 2.06% to $82.63. Noble Energy, Inc. is an independent energy company, which is engaged in the acquisition, exploration, development, production and marketing of crude oil, natural gas, and natural gas liquids (NGLs).

Atlas Energy, Inc. (NASDAQ:ATLS) slid 0.25% to $44.15. Atlas Energy, Inc., formerly Atlas America, Inc., is an independent developer and producer of natural gas and oil, with operations in the Appalachian Basin, the Michigan Basin and the Illinois Basin.

Plains Exploration & Production Company (NYSE:PXP) went down 0.76% to $32.53. Plains Exploration & Production Company is an independent oil and gas company engaged in the activities of acquiring, developing, exploring and producing oil and gas properties primarily in the United States.

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