Basic Material Stocks In Green Zone: Alpha Natural Resources (NYSE:ANR), MagneGas (NASDAQ:MNGA), GASTAR EXPLORATION (NYSEMKT:GST), Stone Energy Corporation (NYSE:SGY)

Alpha Natural Resources, Inc. (NYSE:ANR), dipped -1.67% after the company declared that it has entered into a consent decree with the U.S. Environmental Protection Agency (EPA), U.S. Department of Justice (DOJ) and three states regarding claims under the Clean Water Act. Alpha Natural Resources, Inc. (NYSE:ANR), shares after opening at $4.16 moved to $4.36 on last trade day and at the end of the day closed at $4.36. Company price to sales ratio in past twelve months was calculated as 0.19 and price to cash ratio as 1.01. Alpha Natural Resources, Inc. (NYSE:ANR), showed a positive weekly performance of 3.32%.

MagneGas Corporation (NASDAQ:MNGA), announced that it hired Jose Prieto of Miami, Florida as a Sales Executive promoting MagneGas fuel and equipment into South Florida, Latin America and the Caribbean. MagneGas Corporation (NASDAQ:MNGA), shares advanced 15.00% in last trading session and ended the day on $1.38. MagneGas Corporation (NASDAQ:MNGA), return on equity ratio is recorded as 90.40% and its return on assets is 83.30%. MagneGas Corporation (NASDAQ:MNGA), yearly performance is 66.27%.

Topeka Capital Markets started coverage on shares of GASTAR EXPLORATION, INC. (NYSEMKT:GST), in a research note released on Monday morning, TheFlyOnTheWall.com reports. The firm issued a buy rating and a $8.50 target price on the stock. GASTAR EXPLORATION, INC. (NYSEMKT:GST), shares moved up 5.41% in last trading session and was closed at $6.62, while trading in range of $ 6.30 – 6.82. GASTAR EXPLORATION, INC. (NYSEMKT:GST), year to date (YTD) performance is -4.34%.

On April 29, 2014, Stone Energy Corporation (NYSE:SGY), announced success on the deep water Cardona South well at Mississippi Canyon 29. Stone operates and owns a 65% working interest in the well. Stone Energy Corporation (NYSE:SGY), weekly performance is 5.19%. On last trading day company shares ended up $48.67. Stone Energy Corporation (NYSE:SGY), distance from 50-day simple moving average (SMA50) is 22.26%. Analysts mean target Price for the company is $46.00.