Thursday, July 1, 2010

Noble (NYSE:NE), Anadarko Petroleum (NYSE:APC), BP (NYSE:BP), Transocean (NYSE:RIG), Halliburton (NYSE:HAL) All Finish Up While Oil Prices Drop

Oil companies performed counter-intuitive to the price of oil, as many like Noble (NYSE:NE), Anadarko Petroleum (NYSE:APC), BP (NYSE:BP), Transocean (NYSE:RIG) and Halliburton (NYSE:HAL) were all up on Thursday, while oil prices fell before the 4th of July holiday weekend.

Some oil companies weren't just up though, they were up in major ways, like Noble Corp., which ended the session at $32.56, a gain of $1.65, or 5.34 percent.

Transocean did even slightly better on the day, finishing at $48.89 a share, a gain of $2.56, or 5.53 percent.

Anadarko was at $37.17 by the end of the day, increasing $1.08, or 2.99 percent.

Even BP ended up on Thursday, coming in at $29.39, rising $0.51, or 1.77 percent.

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