Dec 31, 2012 (Fast Lane via COMTEX) -- We looked at the Integrated Oil & Gas industry and measured relative performance to find the top stocks. Relative outperformance is a bullish sign of underlying fundamental and technical strength. We look at yesterday's price action of all companies in this peer group.
InterOil (AMEX:IOC) ranks first with a loss of 0.44%; Petroleo Brasileiro (NYSE:PBR.A) ranks second with a loss of 0.68%; and Cenovus Energy (NYSE:CVE) ranks third with a loss of 0.81%.
Royal Dutch Shell (NYSE:RDS.B) follows with a loss of 0.91% and BP (NYSE:BP) rounds out the top five with a loss of 0.96%.InterOil Corporation is a Canadian company building a vertically integrated energy company whose primary focus is Papua New Guinea and the surrounding area. The company owns an oil refinery, upstream petroleum exploration licenses, and retail and commercial distribution assets. InterOil is also undertaking an extensive petroleum exploration program within its licensed area in New Guinea.
---------------------------------------------------------------------------------------------
Financial News Network Online (FNNO) is a leading provider of digital financial news content for distribution on the web. You can count on FNNO to bring you the latest market news, earnings reports, analyst comments, economic data reports and more. Visit http://www.fnno.com today.
Copyright, Comtex News Network, Inc. 2012
