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Oil Gains While Service Stocks Yield Mixed Results: POIG, WINS, DY, BBT, IPMT.

Publication: M2 Presswire
Publication Date: 31-AUG-04 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-31 August 2004-InvestSource Inc.: Oil Gains While Service Stocks Yield Mixed Results: POIG, WINS, DY, BBT, IPMT(C)1994-2004 M2 COMMUNICATIONS LTD

RDATE:08312004

Stocks in the News: Petrol Oil and Gas Incorporated (OTC: POIG), SM&A (NASDAQ: WINS), Dycom Industries Incorporated (NYSE: DY), BB&T Corporation (NYSE: BBT), iPayment Incorporated (NASDAQ: IPMT).

Petrol Oil and Gas Incorporated (OTC: POIG) shares have gained 15% in the past month as shares closed yesterday at $1.90. The company announced last week that it has acquired a 640 acre oil field currently producing about 10,000 barrels of oil per year from RWJ Oil LC. This newest oil field acquisition provides the company with both a new revenue stream and additional drillable locations, which will become part of Petrol's aggressive drilling program planned over the next year.

SM&A (NASDAQ: WINS) shares lost 0.48% during normal...

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