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Financial News

Biggest AMEX Stock Gainers are RTK, GGR, QBC

Stock Gainers

Dallas, TX 11/25/2009 04:23 PM GMT (TransWorldNews)

 

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Rentech, Inc. (AMEX:RTK) soars 41.60% to $1.77. The stock hit an intraday high and an intraday low of $1.81 and $1.25 respectively. In the last six months the stock went up over 191%. Rentech, Inc. develops technologies and projects that transforms under-utilized energy resources into an alternative fuel and chemicals. The Rentech Process, based on Fischer-Tropsch (FT) chemistry, is a technology that converts synthesis gas (syngas), which can be manufactured from a variety of waste, biomass and fossil resources, into hydrocarbons.

 

GeoGlobal Resources Inc. (AMEX:GGR) climbs up 14.08% to $2.43. The stock hit an intraday high and an intraday low of $2.58 and $2.35 respectively. In the last six months the stock went up over 123%. GeoGlobal Resources Inc is an independent energy company focused on the exploration, development, and production of oil and natural gas reserves in India. The Company’s oil and gas activities are conducted in four geographic areas in geologic basins offshore and onshore India.

 

Cubic Energy, Inc. (AMEX:QBC) climbs up 8.41% to $1.16 after the company announced that it has entered into transactions with Tauren Exploration, Inc. (Tauren) and an affiliate of Tauren, both of which are entities controlled by Calvin Wallen III, the Chief Executive Officer of the Company, under which Cubic has acquired $30,952,810 in pre-paid drilling credits (Drilling Credits) applicable towards the development of its Haynesville Shale rights in Northwest Louisiana.

 

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