How These Oil & Gas Stocks are Faring? -- Rex Energy, Cenovus Energy, Helmerich & Payne, and Vanguard Natural Resources

Sep 02, 2016, 07:55 ET from Chelmsford Park SA

NEW YORK, September 2, 2016 /PRNewswire/ --

Operators in the Oil and Gas Drilling and Exploration segment are involved in the search for potential underground or underwater crude oil, or natural gas fields, as well as  services such as directional drilling, well drilling, and reconditioning of oil and gas field wells, on a contract basis. Stock-Callers.com evaluates the following equities for today: Rex Energy Corp. (NASDAQ: REXX), Cenovus Energy Inc. (NYSE: CVE), Helmerich & Payne Inc. (NYSE: HP), and Vanguard Natural Resources LLC (NASDAQ: VNR). Register now and get full and free access to our downloadable research reports on these stocks at:

http://stock-callers.com/registration

Rex Energy  

State College, Pennsylvania headquartered Rex Energy Corp.'s stock finished Thursday's session 3.00% lower at $0.56 with a total trading volume of 1.03 million shares. Shares of the Company, which operates as an independent oil, natural gas liquid, and natural gas company in the Appalachian and Illinois basins in the US, are trading below their 50-day moving average by 12.18%. The stock has a Relative Strength Index (RSI) of 38.79.

On August 22nd, 2016, Rex Energy reported that it has closed on the previously announced sale of its Illinois Basin assets to Campbell Development Group, LLC. Rex Energy is selling its entire interest in the basin and has received net proceeds from the sale of approximately $40 million with the potential for additional proceeds of up to $10 million over the next three years based on commodity prices during that time frame. Access our complete research report on REXX for free at:

http://stock-callers.com/registration/?symbol=REXX

Cenovus Energy  

On Thursday, shares in Calgary, Canada headquartered Cenovus Energy Inc. ended the session at $14.61, up 1.11%. The stock recorded a trading volume of 2.60 million shares, which was above its three months average volume of 1.77 million shares. The Company's shares have gained 2.45% in the last one month and 15.77% since the start of this year. The stock is trading 2.04% above its 50-day moving average and 7.54% above its 200-day moving average. Moreover, shares of Cenovus Energy, which develops, produces, and markets crude oil, natural gas liquids, and natural gas in Canada, have an RSI of 49.05.

On July 28th, 2016, Cenovus Energy reported that the y-o-y decline in West Texas Intermediate, Western Canadian Select, and AECO natural gas prices of 21%, 30% and 53%, respectively, as well as a decline in average market crack spreads contributed to a decrease in Q2 operating cash flow to $541 million, 42% lower than in the same period of 2015. Upstream operating cash flow was down 45% to $348 million. Cenovus ended Q2 2016 with cash and cash equivalents of approximately $3.8 billion.

On August 19th, 2016, research firm Bank of America/ Merrill initiated a 'Neutral' rating on the Company's stock. The complimentary research report on CVE can be downloaded at:

http://stock-callers.com/registration/?symbol=CVE

Helmerich & Payne  

Tulsa, Oklahoma headquartered Helmerich & Payne Inc.'s stock ended yesterday's session 0.26% lower at $60.30. A total volume of 1.89 million shares was traded, which was above their three months average volume of 1.66 million shares. The Company's shares have advanced 3.72% in the previous three months and 16.87% on an YTD basis. The stock is trading 5.47% above its 200-day moving average. Additionally, shares of Helmerich & Payne, which engages in the contract drilling of oil and gas wells, have an RSI of 39.08.

As per the Company's filings with the SEC, effective August 19th, 2016, after 20 years of service Jeffrey L. Flaherty, Senior Vice President of Operations, resigned from his position as an officer of Helmerich & Payne International Drilling Co., a wholly owned drilling subsidiary of Helmerich & Payne. The company noted that Mr. Flaherty's decision to resign was for personal reasons.

Register for free on Stock-Callers.com and get access to the latest PDF format report on HP at:

http://stock-callers.com/registration/?symbol=HP

Vanguard Natural Resources  

At the close on Thursday, shares in Houston, Texas headquartered Vanguard Natural Resources LLC recorded a trading volume of 1.39 million shares. The stock finished 1.60% lower at $1.23. The Company's shares are trading below their 50-day moving average by 19.07%. Furthermore, shares of Vanguard Natural Resources, which through its subsidiaries, acquires and develops oil and natural gas properties in the US, have an RSI of 36.20.

On July 27th, 2016, Vanguard Natural Resources reported that average production of 445,314 Mcfe per day in Q2 2016 was up 21% compared to 368,290 Mcfe per day produced in Q2 2015. The company's net loss attributable to Common and Class B Unit-holders for the quarter of $267.5 million, or $(2.04) per basic unit, compared to a net loss of $800.3 million, or $(9.27) per basic unit, in Q2 2015. Download your free research report on VNR at:

http://stock-callers.com/registration/?symbol=VNR

--

Stock Callers: 

Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

SC has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@stock-callers.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY 

SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

http://stock-callers.com/legal-disclaimer/

CONTACT For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at: Email: info@stock-callers.com Phone number: +44 330 808 3765 Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Chelmsford Park SA