VANCOUVER, British Columbia, February 13, 2012 /PRNewswire-Asia/ -- Pennystocksinsiders.com (PSI) has issued insider trading reports and Equity Research for the following companies: Cobalt (NYSE:CIE), Chesapeake Energy (NYSE:CHK), ConocoPhillips (NYSE:COP).
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Report Highlights:
Cobalt International Energy, Inc. (NYSE:CIE): Cobalt International Energy, Inc. (NYSE:CIE) newly issued additional data verifying the value of its Cameia Pre-salt oil discovery in Block 21 offshore Angola. Joseph H. Bryant, Cobalt's Chairman and Chief Executive Officer, declared that Cameia is definitely a remarkable success and the company will immediately launch their Cameia appraisal program. Abnormal trading volume of Cobalt International Energy, Inc. was found on February 10 which reached 18.42 million shares, 11 times heavier than usual day trading. Cobalt International Energy, Inc. soared 32.55% higher, moving up US$7.78 to US$31.68 per share. Are insiders starting to take huge profits by selling shares or exercising stock options? Add CIE into your watch list for insider trade now.
Read Full Report: http://www.Pennystocksinsiders.com/PR/021312A/CIE/Cobalt.pdf
Chesapeake Energy Corporation (NYSE:CHK): According to a recent statement from Pennsylvania Department of Environmental Protection, Chesapeake Energy Corporation (NYSE:CHK) was fined US$565,000 for three separate environmental violations in 2010 and 2011. In the past 52 weeks, Chesapeake Energy share prices have been bracketed by a low of US$20.41 and a high of US$35.95, and are now at US$22.13, 8.4% above that low price. Pennystocksinsiders.com believes that it is a clever way to check if insiders like CEOs, CFOs, and Directors in CHK are starting to buy more company shares. See insider trade report for CHK here.
Read Full Report: http://www.Pennystocksinsiders.com/PR/021312A/CHK/ChesapeakeEnergy.pdf
ConocoPhillips (NYSE:COP): ConocoPhillips (NYSE:COP) and Keppel Corporation Limited's Keppel Offshore & Marine introduced that they are collaborating in producing an ice-worthy jack-up rig to function in one of the harshest marine frontiers, the Arctic Seas. In addition, Pennystocksinsiders.com found company Vice President, Controller, Glenda Mae Schwarz, sold 3,508 shares at stock price US$69.28 on February 1. By the end of last Friday's trading, ConocoPhillips rose by US$0.70 per share to US$72.25. The move occurred on volume of 35.09 million which is relative to the 9.08 million shares traded on average each day. Academic studies have shown that insiders traditionally make higher investment returns than ordinary investors. Do you want to know when company insiders will buy their shares? Want to add and monitor this company on an on-going basis? It can be done for free by registering below.
Read Full Report: http://www.Pennystocksinsiders.com/PR/021312A/COP/ConocoPhillips.pdf
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