Aegean Marine Petroleum Network Climbs 5.5% (ANW)

Shares of Aegean Marine Petroleum Network ANW are trading up 5.5% at $10.59 per share during the Thursday afternoon trading session. Aegean Marine Petroleum Network recently announced it plans to begin physical supply operations in Cape Verde off the coast of Western Africa, upon entering into a strategic co-operation with Enacol, a local Cape Verde energy company. The day's range for shares of Aegean Marine Petroleum Network (ANW) has been between $10.00 and $10.88 per share. The average price target of analysts who cover Aegean Marine Petroleum Network is $16.00 per share. Volume of 1.8 million shares is already more than double the daily average volume of 800,000 shares. Aegean Marine Petroleum Network Inc is an international marine fuel logistics company that markets and physically supplies refined marine fuel and lubricants to ships in port and at sea. The company procures product from various sources (such as refineries, oil producers, and traders) and resells it to a diverse group of customers across all major commercial shipping sectors and leading cruise lines. Read more from Benzinga's Company news.