Dallas 3/22/2011 12:56:29 AM
News / Finance

CEL, GPOR, SFL, CXS, TGE: In Play Stocks Under Ten Billion Market Cap

In Play Stocks Under Ten Billion Market Cap: CEL, GPOR, SFL, CXS, TGE

Cellcom Israel (NYSE:CEL) has gained 1.97% to settle at $32.09 a share with a volume of 123,000 shares. For the past 52 weeks the stock has been trading between $24.51 and $35.35 with an average volume of 290,000 shares. Company has a market cap of $3.19 billion and has 100 million shares outstanding.

Cellcom Israel Ltd. (Cellcom) is a provider of cellular communications services in Israel. The Company offers a range of cellular services through its cellular networks. These services include basic and advanced cellular telephone services, text and multimedia messaging services, and advanced cellular content and data services. As of December 31, 2009, Cellcom also offered international roaming services in 177 countries.

Gulfport Energy Corporation (NASDAQ:GPOR) has gained 6.8% to settle at $33.50 a share with a volume of 804,000 shares. For the past 52 weeks the stock has been trading between $10.37 and $32.55 with an average volume of 575,000 shares. Company has a market cap of $1.5 billion and has 45 million shares outstanding.

Gulfport Energy Corporation (Gulfport) is an independent oil and natural gas exploration and production company with its principal producing properties located along the Louisiana Gulf Coast in the West Cote Blanche Bay (WCBB), Hackberry fields, and in West Texas in the Permian Basin. The Company holds a significant acreage position in the Alberta oil sands in Canada, through its interest in Grizzly Oil Sands ULC (Grizzly), and has interests in entities that operate in Southeast Asia, including the Phu Horm gas field in Thailand.

Ship Finance International Ltd. (NYSE:SFL) has gained 2.34% to settle at $20.16 with a volume of 112,870. For the past 52 weeks the stock has been trading between $15.60 and $23.07 a share with a volume of 439,000 shares. Company has a market cap of $1.6 billion and has 79 million shares outstanding.

Ship Finance International Limited is engaged in the ownership and operation of vessels and offshore related assets. It is also involved in the charter, purchase and sale of assets. The Company operates through subsidiaries, partnerships and branches located in Bermuda, Cyprus, Malta, Liberia, Norway, the United States of America, Singapore, the United Kingdom and the Marshall Islands. As at December 31, 2009, the Company's assets consists of 32 oil tankers, eight oil/bulk/ore carriers (OBOs) configured to carry dry bulk cargo, one dry bulk carrier, eight container vessels, one jack-up drilling rig, three ultra-deepwater drilling units, six offshore supply vessels and two chemical tankers.

Crexus Investment Corp. (NYSE:CXS) has lost 4.26% to settle at $12.14 with a volume of 181,274. For the past 52 weeks the stock has been trading between $11.75 and $13.89 with an average volume of 45,221. Company has a market cap. of $219.98 million and has 18.12 million shares outstanding.

Crexus Investment Corp. is a specialty finance company that acquires, manages, and finances, directly or through its subsidiaries, commercial mortgage loans and other commercial real estate debt, commercial mortgage-backed securities (CMBS), and other commercial real estate-related assets. The Company's objective is to provide risk-adjusted returns to its investors over the long-term, primarily through dividends and capital appreciation.

TGC Industries (NASDAQ:TGE) has surged 13.47% to settle at $7.75 with a volume 753,000 shares. For the past 52 weeks, the stock has been ranging between $2.82 and $7.89 with an average volume of 84,000. Company has a market cap of 149 million shares and has 19.2 million shares outstanding.

TGC Industries, Inc. (TGC) is a provider of seismic data acquisition services throughout the continental United States and Canada. The Company is engaged in the geophysical service business of conducting three dimensional (3-D) surveys for clients in the oil and gas business. As of December 31, 2009, the Company operated six seismic crews, four in the United States and two in Canada.

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Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.

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