Top 10 Gas Utility Companies To Watch For 2015: Warren Resources Inc.(WRES)
Warren Resources, Inc., an independent energy company, engages in the exploration, development, and production of onshore crude oil and gas reserves in the United States. It primarily explores for oil reserves in the Wilmington field in California; and natural gas in the Washakie Basin in Wyoming. The company was founded in 1990 and is headquartered in New York, New York.
Advisors' Opinion:- [By Rich Smith]
New York City-based Warren Resources (NASDAQ: WRES ) has a new CFO.
On Monday, the independent oil and gas company announced that it has promoted current Chief Financial Officer Timothy A. Larkin to the position of executive vice president for mergersand acquisitions, after 18 years' service in the former capacity. Taking his place will be Corporate Controller Stewart P. Skelly, now promoted to the CFO's post.
- [By Garrett Cook]
In trading on Friday, energy shares were relative laggards, down on the day by about 1.13 percent. Meanwhile, top decliners in the sector included Warren Resources (NASDAQ: WRES), down 5.2 percent, and SeaDrill (NYSE: SDRL), off 4.8 percent.
source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-10-gas-utility-companies-to-watch-for-2015.html
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