Dendreon (DNDN) (BHI) (HFC) (WY) (EXM) (PKD) Ratings, Price Targets

Dendreon Co. (DNDN), Baker Hughes (BHI), HollyFrontier Corp (HFC), Weyerhaeuser (WY), Excel Maritime Carriers Ltd (EXM) and Parker Drilling Company (PKD) had ratings and price targets on them adjusted by analysts.

Wells Fargo & Co. downgraded Baker Hughes (BHI) from a "Outperform" rating to an "Market Perform" rating.

Raymond James downgraded HollyFrontier Corp (HFC) from a "Outperform" rating to an "Underperform" rating.

Scotia Capital downgraded Weyerhaeuser (WY) from a "Sector Perform" rating to an "Underperform" rating.

Canaccord Genuity initiated coverage on Dendreon Co. (DNDN). They placed a "Hold" rating and a price target of $11.00 on the company.

Imperial Capital initiated coverage on Excel Maritime Carriers Ltd (EXM). They placed an "Underperform" rating and price target of $1.14 on the company.

Sidoti initiated coverage on Parker Drilling Company (PKD). They placed a "Buy" rating on the company.

Triumph (TGI) (TTI) (UTX) (BEAV) (BHI) (CAKE) Get New Coverage

Triumph Group, Inc. (NYSE: TGI), Tetra Technologies Incorporated (NYSE: TTI), United Technologies Co. (NYSE: UTX), BE Aerospace (NASDAQ: BEAV), Baker Hughes (NYSE: BHI) and Cheesecake Factory (NASDAQ: CAKE) getting new coverage from analysts.

Sterne Agee initiated coverage on Triumph Group, Inc. (TGI). They placed a “Buy” rating and a price target of $71.00 on the company.

Jefferies (NYSE:JEF) initiated coverage on Tetra Technologies Incorporated (TTI). They placed a “Hold” rating on the company.

Sterne Agee initiated coverage on United Technologies Co. (UTX). They placed a “Buy” rating on the company.

Sterne Agee initiated coverage on BE Aerospace (BEAV). They placed a “Buy” rating and a price target of $49.00 on the company.

Jefferies initiated coverage on Baker Hughes (BHI). They placed a “Buy” rating on the company.

Stephens initiated coverage on Cheesecake Factory (CAKE). They placed an “Overweight” rating on the company.

Baxter (BAX) (UDRL) (UNFI) (VRA) (BEAV) (BHI) Ratings, Price Targets

Baxter International Inc. (BAX), Union Drilling, Inc. (UDRL), United Natural Foods, Inc. (UNFI), Vera Bradley, Inc. (VRA), BE Aerospace (BEAV) and Baker Hughes (BHI) ratings and price targets.

Jefferies (NYSE:JEF) downgraded Union Drilling, Inc. (UDRL) to a “Hold” rating. They have a price target of $7.50 on the company.

Jefferies upgraded United Natural Foods, Inc. (UNFI) from a “Hold” rating to a “Buy” rating.

JPMorgan Chase & Co. (NYSE:JPM) initiated coverage on Vera Bradley,

Inc. (VRA). They placed a “Neutral” rating and a price target of $35.00 on the company.

Morgan Keegan lowered its price target on Baxter International Inc. (BAX) to $60.00.

Sterne Agee initiated coverage on BE Aerospace (BEAV). They placed a “Buy” rating and a price target of $49.00 on the company.

Jefferies initiated coverage on Baker Hughes (BHI). They placed a “Buy” rating on the company.

Baker Hughes (BHI) (TMO) (TRW) (TWX) (BEAV) (BK) EPS Changes

Baker Hughes (NYSE: BHI), Thermo Fisher (NYSE: TMO), TRW Automotive Holdings Corp. (NYSE: TRW), Time Warner Inc. (NYSE: TWX), BE Aerospace (NASDAQ: BEAV) and Bank of New York Mellon (NYSE: BK) had their EPS estimates adjusted by analysts.

Baker Hughes (BHI) had its EPS estimates cut by Credit Suisse (NYSE:CS). They have an “Outperform” rating and a price target of $80.00 on the company.

Thermo Fisher (TMO) had its EPS estimates cut by UBS AG (NYSE:UBS). They have a “Buy” rating and a price target of $60.00 on the company.

TRW Automotive Holdings Corp. (TRW) had its EPS estimates cut by Jefferies (NYSE:JEF). They have a “Buy” rating and a price target of $55.00 on the company.

Time Warner Inc. (TWX) had its EPS estimates raised by UBS AG. They have a “Neutral” rating and a price target of $33.00 on the company.

BE Aerospace (BEAV) had its EPS estimates raised by Goldman Sachs (NYSE:GS). They have a “Buy” rating and a price target of $47.00 on the company.

Bank of New York Mellon (BK) had its EPS estimates raised by Morgan Stanley (NYSE:MS). They have an “Equal Weight” rating and a price target of $26.00 on the company.

Quanta (PWR) (BHI) (REXX) (SIMO) (ATML) (BGS) Price Targets Changed

Quanta Services, Inc. (NYSE: PWR), Baker Hughes (NYSE: BHI), Rex Energy (NASDAQ: REXX), Silicon Motion Technology Corp. (NASDAQ: SIMO), Atmel (NASDAQ: ATML) and B&G Foods, Inc. (NYSE: BGS) had price targets on them adjusted by analysts.

Quanta Services, Inc. (PWR) had its price target raised by Maxim Group from $28.00 to $32.00. They have a “Buy” rating on the company.

Baker Hughes (BHI) had its price target lowered by UBS AG (NYSE:UBS)to $82.00. They have a “Buy” rating on the company.

Rex Energy (REXX) had its price target raised by Rodman & Renshaw to $18.00.

Silicon Motion Technology Corp. (SIMO) had its price target raised by Needham & Company from $13.00 to $22.00. They have a “Buy” rating on the company.

Atmel (ATML) had its price target lowered by Collins Stewart from $15.00 to $13.00. They have a “Buy” rating on the company.

B&G Foods, Inc. (BGS) had its price target raised by RBC Capital from $19.00 to $23.00. They have a “Sector Perform” rating on the company.

Sprint (S) (BHI) (BRCM) (CVS) (SMF) (VCLK) Upgraded

Sprint Nextel (NYSE: S), Baker Hughes (NYSE: BHI), Broadcom Corp (NASDAQ: BRCM), CVS Caremark (NYSE: CVS), Smart & Final (NYSE: SMF) and ValueClick Inc. (NASDAQ: VCLK) upgraded by analysts.

Sprint Nextel (S) was upgraded by Morgan Stanley (NYSE:MS) from an “Outperform” rating to an “Underweight” rating. They have a price target of $3.00 on the company.

Baker Hughes (BHI) was upgraded by Howard Weil from a “Market Perform” rating to an “Outperform” rating. They have a price target of $100.00 on the company, up from $87.00.

Broadcom Corp (BRCM) was upgraded by Charter Equity from a “Market Perform” rating to a “Buy” rating.

CVS Caremark (CVS) was upgraded by William Blair from a “Market Perform” rating to an “Outperform” rating.

Smart & Final (SMF) was upgraded by FBR Capital from a “Market Perform” rating to an “Outperform” rating. They have a price target of $27.00 on the company.

ValueClick Inc. (VCLK) was upgraded by Piper Jaffray (NYSE:PJC) to an (Overweight” rating.

ADM (ADM) (ROSE) (WRB) (BRCM) (BHI) (COMV) Price Targets Changed

Archer Daniels Midland Company (NYSE: ADM), Rosetta Resources Inc. (NASDAQ: ROSE), W.R. Berkley Co. (NYSE: WRB), Broadcom Corp (NASDAQ: BRCM), Baker Hughes (NYSE: BHI) and Comverge Inc (NASDAQ: COMV) price targets adjusted by analysts.

Archer Daniels Midland Company (ADM) had its price target cut by Jefferies (NYSE:JEF) to $40.00. They have a “Buy” rating on the company.

Rosetta Resources Inc. (ROSE) had its price target boosted by Wunderlich from $57.00 to $66.00. They have a “Buy” rating on the company.

W.R. Berkley Co. (WRB) had its price target raised by KBW to $33.00.

Broadcom (BRCM) had its price target raised by FBR Capital from $48.00 to $50.00. They have an “Outperform” rating on the company.

Baker Hughes (BHI) had its price target raised by Canaccord Genuity from $84.00 to $90.00. They have a “Hold” rating on the company.

Comverge (COMV) had its price target cut by Piper Jaffray (NYSE:PJC) to $4.00.

Baker Hughes (BHI) (LVS) (PCL) (RRC) (APC) (MAS) EPS Estimates Changed

Baker Hughes (NYSE: BHI), Las Vegas Sands Corp. (NYSE: LVS), Plum Creek Timber Co. (NYSE: PCL), Range Resources (NYSE: RRC), Anadarko Petroleum (NYSE: APC) and Masco Co. (NYSE: MAS) EPS estimates adjusted by analysts.

Goldman Sachs (NYSE:GS) raised its EPS estimate on Baker Hughes (BHI). They have a “Buy” rating and a price target of $106.00 on the company.

Sterne Agee raised its EPS estimates on Las Vegas Sands Corp. (LVS). They have a “buy” rating and a price target of $60.00 on the company.

UBS AG (NYSE:UBS) cut its EPS estimate on Plum Creek Timber Co. (PCL). They have a “Sell” rating and a price target of $36.00 on the company.

UBS AG cut its EPS estimate on Range Resources (RRC). They have a “Neutral” rating and a price target of $65.00 on the company.

UBS AG raised its EPS estimate on Anadarko Petroleum (APC). They have a “Buy” rating and a price target of $100.00 on the company.

UBS AG cut its EPS estimate on Masco Co. (MAS). They have a “Sell” rating and a price target of $8.00 on the company.

Baker Hughes (BHI) (EMC) (AXP) (FFIV) (HANS) Price Targets Changed

Baker Hughes (NYSE: BHI), EMC Corp. (NYSE: EMC), American Express (NYSE: AXP), F5 Networks (NASDAQ: FFIV) and Hansen Natural Co. (NASDAQ: HANS) price targets adjusted by analysts.

RBC Capital raised its price target on Baker Hughes (BHI) from $90.00 to $100.00. They have an “Outperform” rating on the company.

Morgan Stanley (NYSE:MS) raised its price target on EMC Corp. (EMC) to $35.00. They have an “Overweight” rating on the company.

FBR Capital raised its price target on American Express (AXP) from $50.00 to $60.00. They have a “Market Perform” rating on the company.

RBC Capital lowered its price target on F5 Networks (FFIV) from $150.00 to $140.00. They have an “Outperform” rating on the company.

Jefferies (NYSE:JEF) raised its price target on Hansen Natural Co. (HANS) to $90.00.

Schlumberger (SLB) (HK) (BEXP) (BHI) (VLO) Close Up While Oil Drops

Schlumberger (NYSE:SLB), Petrohawk Energy Corp. (NYSE:HK), Brigham Exploration (NASDAQ:BEXP), Baker Hughes Incorporated (NYSE:BHI) and Valero Energy (NYSE:VLO) ended the session up Thursday, going against the tide of oil futures dropping after rising over $101 a barrel on Wednesday.

The economy of Barack Obama continues to fall apart as first-time unemployment claims soared by another 10,000, exploding past the projected decline of 4,000 economists had been loking for. That's a seasonally adjusted 424,000 for the week ended May 21.

The U.S. economy growth rate was also below expectations, increasing at a very anemic 1.8 percent rate in the first quarter, plunging from the 3.1 percent growth rate in the fourth quarter, and missing the 2.2 percent growth rate economists had estimated.

The U.S. Labor Department also upwardly revised initial unemployment claims from the last report they issued.

This all had an impact on oil prices, as oil futures ended lower on the day. Light, sweet crude for July delivery settled down $1.09, or 1.1 percent, to $100.23 a barrel on the New York Mercantile Exchange. Brent crude on the ICE futures exchange settled up 12 cents, or 0.1 percent, to $115.05 a barrel.

Front-month June reformulated gasoline blendstock, settled up 3.21 cents, or 1.1 percent, to $3.0483 a gallon. June heating oil was up 0.26 cent, or 0.1 percent, to $2.9829 a gallon.

With the Memorial Day weekend coming in the U.S., which usually involves significant travel and gasoline used in vehicles, it probably went against the slightly lower price of oil and gas heading into the summer season.

Valero Energy closed Thursday at $26.42, gaining $0.16, or 0.61 percent. Baker Hughes Incorporated ended the day at $74.50, jumping $0.72, or 0.98 percent. Brigham Exploration closed at $30.77, climbing $0.40, or 1.32 percent. Petrohawk Energy Corp. ended the session at $25.76, up $0.16, or 0.62 percent. Schlumberger closed the day at $85.19, rising $1.10, or 1.31 percent.

Baker Hughes (BHI) (NOV) (OAS) (BRY) (XCO) Trading Up

Shares of Baker Hughes Incorporated (NYSE:BHI), National-Oilwell Varco, Inc. (NYSE:NOV), Oasis Petroleum (NYSE:OAS), Berry Petroleum (NYSE:BRY) and Exco Resources Inc. (NYSE:XCO) were trading up today as oil prices rebounded later in the session.

The expiring U.S. June crude contract was up 98 cents to $99.42 a barrel, after falling as low as $95.99.

U.S. July crude climbed $1 to $99.93, bouncing back after falling to $96.35.

Shares of oil companies like BP (NYSE:BP), Anadarko (NYSE:APC), Transocean and Cameron International (NYSE:CAM), all of which were connected to the Gulf oil spill, were all trading up on news of the settlement between BP and Macondo Well partner Mitsui (OTC:MITSY).

Exco Resources Inc. (XCO) was trading at $20.59, gaining $0.26, or 1.28 percent, as of 2:52 PM EDT. Berry Petroleum (BRY) was at $50.41, up $1.52, or 2:54 percent. Oasis Petroleum (OAS) was trading at $29.83, up $1.06, or 3.68 percent. National-Oilwell Varco, Inc. (NOV) was at $68.12, gaining $0.19, or 0.28 percent. Baker Hughes Incorporated (BHI) was trading at $70.80, gaining $0.23, or 0.33 percent.

Marathon (MRO) (CHK) (GEOI) (WTI) (BHI) Trade Mixed as Energy Falls

Shares of Marathon Oil (NYSE:MRO), Chesapeake Energy Corp. (NYSE:CHK), GeoResources (NASDAQ:GEOI), W&T Offshore (NYSE:WTI) and Baker Hughes Incorporated (NYSE:BHI) traded mixed on Thursday as oil and gas were down on the day.

Benchmark crude for June delivery fell $1.63 to settle at $98.93 per barrel on the New York Mercantile Exchange.

Brent crude oil for July delivery was down 23 cents, or 0.2 percent, to $112.07.

June, heating oil fell 1.12 cents to settle at $2.8947 a gallon, gasoline dropped 2.95 cents to $2.926 a gallon and natural gas fell 10.5 cents to $4.161 per 1,000 cubic feet.

Linn Energy, LLC (LINE) closed Thursday at $38.35, gaining $0.33, or 0.87 percent. Lufkin Industries, Inc. (LUFK) ended the session at $85.06, up $1.81, or 2.17 percent.

Chesapeake Energy Corp. (CHK) closed Thursday at $29.91, dropping $0.04, or 0.13 percent. Marathon Oil closed at $51.92, gaining $0.39, or 0.76 percent.

Baker Hughes (BHI) (LUFK) (OIS) (GST) (AXAS) Trade Up on Weak U.S. Dollar

Shares of oil and oil related companies Baker Hughes Incorporated (NYSE:BHI), Lufkin Industries, Inc. (NASDAQ:LUFK), Oil States Intl., Inc. (NYSE:OIS), Gastar Exploration Ltd (AMEX:GST) and Abraxas Petroleum Corp. (NASDAQ:AXAS) traded higher Wednesday after a report from the Energy Information Administration saying gas inventory was up less than expected and oil inventory was flat.

Benchmark West Texas Intermediate crude for June delivery was up $3.19, or 3.3 percent, to settle at $100.10 a barrel on the New York Mercantile Exchange.

Retail gasoline prices continued to fall, dropping almost 2 cents on Wednesday for a national average of $3.926 a gallon. Gasoline demand continues to fall in wake of high prices at the pump.

Heating oil for June increased 6.08 cents to settle at $2.9059 a gallon and gasoline futures jumped 3.62 cents to settle at $2.9555 a gallon. Natural gas gained 2 cents at $4.266 per 1,000 cubic feet.

Brent crude rose $2.31 in London, or 2.1 percent, to settle at $112.30 a barrel on the ICE Futures exchange.

The U.S. dollar index, which measures the dollar against a basket of six currencies, traded at 75.438, down a little from 75.441 late Tuesday. That was also a factor in oil prices going up, as well as other commodity prices as well.

The euro traded at $1.4233, strengthening after falling to $1.4193 and up slightly from its $1.4219 close on Tuesday.

Traders bought commodities, including oil, on the weaker greenback.

Abraxas Petroleum Corp. (AXAS) closed Wednesday at $4.08, gaining $0.30, or 7.94 percent.

Coverage on Baker Hughes (BHI) Initiated as Oil Falls

Coverage on Baker Hughes (NYSE:BHI) was initiated by Global Hunter Securities, which started them off with a "Buy" rating, as oil and gas prices continue to fall. They have a price target of $97 on the company.

U.S. crude futures fell 2.3 percent and gasoline futures dropped 5 percent to hit a nine-week low as worries mounted about high prices squelching energy demand and the fragile economy weigh on the industry.

Crude futures have fallen close to 15 percent so far on the month.

Oil futures were down 2.3 percent to $97.37 a barrel in New York. June Brent fell to $112.87, down 1 percent for Monday.

Gasoline futures for June delivery declined 14 cents, or 5.01 percent, to end the session at $2.93 a gallon, the lowest close since March 16.

U.S. gasoline at the retail level fell to $3.955 Monday from $3.961 Sunday. Diesel prices dropped $4.123 from $4.127.

June natural gas closed up 7 cents, or 1.7 percent, at $4.32 per million British thermal units. Natural gas prices were up on concerns flooding in Louisiana may cut back on supply.

Heating oil futures were down Monday, with the June heating oil contract closing at $2.87 a gallon, down 7 cents, or 2.3 percent.

Baker Hughes closed Monday at $68.77, falling $0.50, or 0.72 percent.

Shares of (FTK) (BHI) (LUFK) (OIS) (GST) Trade Down as Oil Continues to Fall

The share prices of Flotek Industries, Inc. (NYSE:FTK), Baker Hughes Incorporated (NYSE:BHI), Lufkin Industries, Inc. (NASDAQ:LUFK), Oil States Intl., Inc. (NYSE:OIS) and Gastar Exploration Ltd (AMEX:GST) traded down Monday as the falling price of oil and gas weighed on the companies.

U.S. crude futures fell 2.3 percent and gasoline futures dropped 5 percent to hit a nine-week low as worries mounted about high prices squelching energy demand and the fragile economy weigh on the industry.

Crude futures have fallen close to 15 percent so far on the month.

Oil futures were down 2.3 percent to $97.37 a barrel in New York. June Brent fell to $112.87, down 1 percent for Monday.

Gasoline futures for June delivery declined 14 cents, or 5.01 percent, to end the session at $2.93 a gallon, the lowest close since March 16.

U.S. gasoline at the retail level fell to $3.955 Monday from $3.961 Sunday. Diesel prices dropped $4.123 from $4.127.

June natural gas closed up 7 cents, or 1.7 percent, at $4.32 per million British thermal units. Natural gas prices were up on concerns flooding in Louisiana may cut back on supply.

Heating oil futures were down Monday, with the June heating oil contract closing at $2.87 a gallon, down 7 cents, or 2.3 percent.

Flotek Industries closed at $8.10, down $0.52, or 6.03 percent.

Coverage on (BAS) (BHI) (BIO) (BNVI) (CNBC) Initiated

Coverage on Basic Energy Services (NYSE: BAS), Baker Hughes (NYSE: BHI), Bio-Rad Labs (NYSE: BIO), Bionovo Inc. (NASDAQ: BNVI) and Center Bancorp Inc (NASDAQ: CNBC) was initiated by analysts.

Global Hunter Securities initiated coverage on Basic Energy Services (BAS). They placed a “buy” rating and a price target of $36.00 on the company.

Global Hunter Securities initiated coverage on Baker Hughes (BHI). They placed a “buy” rating and a price target of $97.00 on the company.

Credit Agricole initiated coverage on Bio-Rad Labs (BIO). They placed a “buy” rating on the company.

Cowen initiated coverage on Bionovo Inc. (BNVI). They placed an “outperform” rating on the company.

Sterne Agee initiated coverage on Center Bancorp Inc (CNBC). They placed a “neutral” rating on the company.

Rating on Baker Hughes (BHI) Upgraded

Baker Hughes (NYSE:BHI) had its rating upgraded by Barclays (NYSE:BCS), from "Equal Weight" to "Overweight." They placed a price target of $80 on the company.

Separately, Baker Hughes said in a report that drilling activity in the U.S. was down 6 rotary rigs last week, dropping to 1,830 that are working at this time in comparison to last year during the same period.

Dropping the most was land operations, which fell seven rigs to 1,780. Water inland dropped 2 operating rigs to 17.

Rigs drilling for oil rose by 13 to 947, while rigs drilling for natural gas in the U.S. were down to 874, 16 less than the prior week.

In Canada, rotary rig count jumped by 4 to 127 drilling.

Baker Hughes closed Friday at $69.27, falling $1.13, or 1.61 percent.

Whiting (WLL) (OAS) (BHI) (BPL) (PTR) Trade Mixed as Oil Prices Rebounded

Shares of Whiting Petroleum (NYSE:WLL), Oasis Petroleum (NYSE:OAS), Baker Hughes Incorporated (NYSE:BHI), Buckeye Partners L.P. (NYSE:BPL) and PetroChina (NYSE:PTR) traded mixed even as oil prices closed Friday in positive territory.

On the New York Mercantile Exchange, crude for June delivery on Friday settled at $99.65 a barrel, up 68 cents, or 0.69 percent, after trading in a range of $97.09 to $100.70.

For the week, front-month crude climbed $2.47, or 2.5 percent.

ICE Brent for June delivery settled at $113.83 a barrel, up 85 cents, or 0.75 percent, after trading in a range of $111.72 to $114.92. The Brent crude contract for July delivery was at 66 cents, or 0.6 percent higher on Friday, at $112.99. Last week, Brent crude jumped $4.70, or 4.3 percent.

The U.S. dollar index was up 0.8 percent higher at $75.72 as the euro was down 1 percent against the dollar at $1.411. On Friday, European officials said that Greece, Ireland and Portugal's sovereign debt problems may be worse than previously believed.

NYMEX June gasoline settled at $3.0744 a gallon, up 1.05 cents, or 0.34 percent, after trading in a range of $3.0342 to $3.1388.

For the week, front-month RBOB fell 1.57 cents, or 0.5 percent.

NYMEX June heating oil closed at $2.9422 a gallon, rising 2.85 cents, or 1 percent.

Front-month heating oil for last week was up 9.65 cents.

Whiting Petroleum (WLL) closed Friday at $62.39, dropping $0.57, or 0.91 percent.

Exxon Mobil (XOM) (FTK) (BHI) (LUFK) (COP) Trade Positive as Oil, Gas Rise

Crude oil, natural gas and gasoline prices jumped Tuesday, pushing up the share prices of Exxon Mobil (NYSE:XOM), Flotek Industries, Inc. (NYSE:FTK), Baker Hughes Incorporated (NYSE:BHI), Lufkin Industries, Inc. (NASDAQ:LUFK) and Conoco (NYSE:COP).

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.

Uncertainty remains as to the effects of the flooding along the Mississippi River could have on regional refinery operations, which could slow down gasoline production and put upward pressure on prices.

ConocoPhillips (COP) closed at $74.60, up $0.88, or 1.19 percent.

Baker Hughes (BHI) (CXPO) (ECA) (STR) (RDS-A) Trade Mixed as Oil Prices Rebound

Most oil and related companies performed strong Monday, as Baker Hughes Incorporated (NYSE:BHI), Crimson Exploration (NASDAQ:CXPO), Encana Corp. (NYSE:ECA), Questar Corporation (NYSE:STR) and Shell (NYSE:RDS-A) traded mixed as the price of oil rebounded.

Gastar was the only one of the list above to close down Monday.

Crude oil for June delivery climbed $5.37 to settle at $102.55 a barrel on the New York Mercantile Exchange, the largest one-day boost since February 22.

Brent crude for June settlement jumped $6.77, or 6.2 percent, to $115.90 a barrel on the London-based ICE Futures Europe exchange.

Wholesale gasoline prices soared 5 percent on Monday to $3.20 a gallon on fears that refineries in Mississippi may have to shut down because of the Mississippi River flooding.

The average U.S. price of a gallon of regular gasoline Monday fell by a penny to $3.96, according to AAA.

Immediate delivery futures of Texas crude oil rose $5.53 to $102.71 a barrel. Natural gas was up 0.06 cents to $4.17 per mbtu, while gasoline prices fell 20.17 cents to 329.18 cents a gallon.

Encana Corp. (ECA) closed Monday at $32.65, climbing $0.24, or 0.74 percent.