Wednesday, May 11, 2011

Endeavour International (END) Trades Up as Oil, Gas Rise

Endeavour International (NYSE:END) traded up Tuesday as crude oil, natural gas and gasoline prices jumped, pulling the share price of the company up with them.

Benchmark crude for May delivery rose $1.33 to settle at $103.88 a barrel on the New York Mercantile Exchange.

Heating oil jumped 3.94 cents to settle at $3.0012 a gallon. Gasoline futures climbed 10.13 cents to settle at $3.3797 a gallon, while natural gas for June delivery increased 8.7 cents to settle at $4.303 per 1,000 cubic feet.

Endeavour participates in the acquisition, exploration, development, and production of crude oil and natural gas in the United States and the United Kingdom.

Endeavour International (END) closed at $12.61, rising $0.27, or 2.19 percent.

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