Tuesday 28 Jul 2015

BPZ Resources Inc. (NYSE:BPZ) surges by 7.50%, Arch Coal Inc. (NYSE:ACI)

BPZ Resources Inc. (NYSE:BPZ) had a good run in Thursday’s trading session as it surged by 7.50% in their stock prices. After opening at $2.07 and went as low as $2.02 and as high as $2.19. However it held an overall steady climb to close at $2.15 with a 7.5% increase. BPZ stock has a 52 week high of $4.64 and a 52 week low of $1.95. Average trade volume recorded of BPZ stocks over the past 90 trading sessions is 0.80 million.

BPZ Resources Inc. (NYSE:BPZ) is an independent oil and gas company that focuses on exploration and production of natural gas and oil in Peru and Ecuador. This company also plans to supply a complementary development of a power plant in Peru with its natural gas sources. BPZ released an operational update for their offshore block Z-1 on 16th April highlighting their first quarter results that ended on March 31st. 56% of BPZ Resources Inc. stocks are owned by the institution.

Arch Coal Inc. (NYSE:ACI) recorded an 8.35% growth in their stock prices as the market closed on Thursday April 18th. ACI stock prices opened at $4.63 started to go up from the early hours, reached its highest in the middle hours of the trading sessions and finally descended considerably to close at $4.93, recording an 8.35% rise in stock prices. ACI stocks went as low as $4.60 and as high as $5.14 but couldn’t sustain its rise throughout the trading session. The 52 week high of ACI stocks is $10.26 and the 52 week low is $4.47. ‘Earning per Share’ stands at -3.24 and trading volumes over the past 90 trading sessions is 10.21 million. The after hour trading did not have much of an impact on ACI stocks and it kept its closing price intact.

Arch Coal Inc. is a coal producing company who were behind 14% of United States coal supply in 2012. As recorded in December 31st 2012, Arch Coal Inc. operates from 31 mines located all across the coal producing regions of the United States. 73% of Arch Coal Inc. stocks are owned by the institution.

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