Oil and Gas exploration and production stocks on the move
Investor-Edge has initiated coverage on the following equities: Southwestern Energy
Company SWN, -0.04% ConocoPhillips COP, +0.07% Continental Resources Inc.CLR, +0.20% Comstock Resources Inc. CRK, +3.79% and Linn Energy LLCLINE, +1.28% Free research report on Southwestern Energy can be accessed athttp://get.Investor-Edge.com/pdf/?c=Southwestern%20Energy&d=09-Apr-2015&s=SWN. The US markets on Wednesday, April 08, 2015, ended on a positive note as the Dow Jones Industrial Average finished at 17,902.51, up 0.15% and the NASDAQ Composite closed at 4,950.82, up 0.83%. The S&P 500 finished the session 0.27% higher at 2,081.90. During the trading session, seven out of ten sectors finished on a higher note. The S&P 500 Energy Sector Index ended the day at 573.65, down 1.03%, whereas the index has advanced 2.32% in the last one month. Register for your complimentary reports at the links given below.
Southwestern Energy Co.’s stock lost 2.98%, to close the day at US$24.10. The stock recorded a trading volume of 7.80 million shares, below its three months average volume of 11.44 million shares. The company’s shares oscillated between US$23.91 and US$24.91 during the session. Over the last three trading sessions and over the past one month, Southwestern Energy Co.’s shares have advanced 0.25% and 1.90%, respectively. However, the stock has gained fallen by 3.87% in the previous three months. The company is trading below its 50-day and 200-day moving averages. Southwestern Energy Co.’s 200-day moving average of US$32.74 is above its 50-day moving average of US$24.76. Additionally, the stock traded at a PE ratio of 10.55 and has a Relative Strength Index (RSI) of 58.32. Sign up and read the free notes on SWN at:
On Wednesday, ConocoPhillips’ stock recorded a trading volume of 8.57 million shares, higher than its three months average volume of 8.10 million shares. The stock ended the day at US$64.81, which was 1.49% below its previous day’s closing of US$65.79, and registered an intraday range of US$64.80 and US$66.23. Shares of the company traded at a PE ratio of 12.25. ConocoPhillips’ shares have gained 2.58% in the previous three trading sessions and 3.22% in the last one month, while the stock has fallen by 0.18% in the past three months. The company is trading at its 50-day moving average, which is below its 200-day moving average of US$72.52. Furthermore, shares of ConocoPhillips have an RSI of 59.38. The complimentary notes on COP can be downloaded as in PDF format at:
Continental Resources Inc.’s stock fell 1.33% to end Wednesday’s session at US$48.13. The stock recorded a trading volume of 3.48 million shares, below its three months average volume of 5.00 million shares. The company’s shares fluctuated between US$47.89 and US$49.77 during the session. Shares of the company traded at a PE ratio of 13.38. Continental Resources Inc.’s shares have surged 35.69% in the past three months. Further, the stock has gained 4.54% in the previous three trading sessions and 12.45% over the last one month. The company is trading above its 50-day moving average. Continental Resources Inc.’s 200-day moving average of US$56.25 is above its 50-day moving average of US$44.40. Additionally, the stock has an RSI of 66.60. Register for free on Investor-Edge and access the latest research on CLR a
On Wednesday, shares in Comstock Resources Inc. fluctuated between US$4.20 and US$4.54 before ending the session 5.59% lower at US$4.22. The stock reported a trading volume of 2.64 million shares, lower than its three months average volume of 3.00 million shares. Although Comstock Resources Inc.’s stock has rallied 13.44% in the previous three trading sessions, it has lost 13.52% in the last one month and 26.99% in the past three months. The company is trading below its 50-day and 200-day moving averages of US$4.74 and US$13.49, respectively. Moreover, shares of Comstock Resources Inc. have an RSI of 55.78. The complete research on CRK is available for free at:
Linn Energy LLC’s stock finished Wednesday’s session 2.23% lower at US$11.41. A total of 1.70 million shares were traded, which was below its three months average volume of 3.13 million shares. The stock vacillated between US$11.41 and US$11.82 during the session. In the past three months, the stock has advanced 1.69%. However, over the previous three trading sessions and over the last one month, Linn Energy LLC’s shares have fallen by 0.87% and 3.79%, respectively. The company’s shares are trading below their 50-day and 200-day moving averages. Moreover, the stock’s 200-day moving average of US$21.37 is greater than its 50-day moving average of US$11.76. Linn Energy LLC’s stock traded at a PE ratio of 249.66 and has an RSI of 51.33. Free in depth research on LINE is available at: