NEW YORK, April 10, 2017 /PRNewswire/ --
Today, Stock-Callers.com revisits the Independent Oil and Gas space to see how current oil prices have influenced the performances of select stocks. Under review this morning are: Range Resources Corp. (NYSE: RRC), Enterprise Products Partners L.P. (NYSE: EPD), Devon Energy Corp. (NYSE: DVN), and Sanchez Energy Corp. (NYSE: SN). On Friday, April 07th, 2017, Brent crude futures settled up 35 cents at $55.24, and US West Texas Intermediate crude futures were up 54 cents at $52.24 a barrel. Learn more about these stocks by downloading their free research reports in PDF format at:
Last Friday at the close, shares in Fort Worth, Texas headquartered Range Resources Corp. ended 1.44% lower at $29.47. The stock recorded a trading volume of 3.32 million shares. The Company's shares have advanced 6.08% in the last one month, and are trading below their 50-day moving average by 1.16%. Furthermore, share of Range Resources, which operates as an independent natural gas, natural gas liquids (NGLs), and oil company, have a Relative Strength Index (RSI) of 53.39.
On March 16th, 2017, Range Resources announced that the Company's Q1 2017 financial results news release will be issued Monday, April 24th, 2017, after the close of trading on the NYSE. A conference call to review the financial results is scheduled on Tuesday, April 25th, 2017, at 9:00 a.m. ET. A simultaneous webcast of the call may be accessed on the Company's website.
On April 04th, 2017, research firm CapitalOne upgraded the Company's stock rating from 'Equal Weight' to 'Overweight'. Sign up and read the free research report on RRC at:
Houston, Texas-based Enterprise Products Partners L.P.'s stock finished Friday's session 0.11% higher at $27.86 with a total trading volume of 2.74 million shares. The Company's shares have advanced 0.94% in the last one month, 0.76% over the previous three months, and 3.03% since the start of this year. The stock is trading above its 200-day moving average by 2.18%. Additionally, shares of Enterprise Products Partners, which provides midstream energy services to producers and consumers of natural gas, natural gas liquids, crude oil, petrochemicals, and refined products, have an RSI of 57.07.
On April 05th, 2017, Enterprise Products Partners announced that the board of directors of its general partner declared an increase in the quarterly cash distribution paid to partners to $0.415 per common unit, or $1.66 per unit, on an annualized basis. The quarterly distribution will be paid on Monday, May 08th, 2017, to unit-holders of record as of the close of business on Friday, April 28th, 2017. The complimentary research report on EPD can be downloaded at:
Shares in Oklahoma City, Oklahoma headquartered Devon Energy Corp. ended the session 0.79% lower at $42.54 with a total trading volume of 3.71 million shares. The stock has gained 4.50% in the past month. The Company's shares are trading below their 200-day moving average by 0.01%. Moreover, shares of Devon Energy, which engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the US and Canada, have an RSI of 55.89.
On April 04th, 2017, Devon Energy announced plans to issue its first quarter 2017 earnings news release on Tuesday, May 02nd, 2017, after the close of US financial markets. As soon as practicable after the news release is issued, the Company will post an operations report to its website. Register for free on Stock-Callers.com and access the latest report on DVN at:
Houston, Texas headquartered Sanchez Energy Corp.'s shares recorded a trading volume of 2.46 million shares. The stock closed 0.74% lower at $9.44. The Company's shares have gained 2.28% in the previous three months and 4.54% since the start of this year. The stock is trading 6.00% above its 200-day moving average. Additionally, shares of Sanchez Energy, which focuses on the acquisition and development of US onshore unconventional oil and natural gas resources, have an RSI of 39.87.
On March 15th, 2017, research firm FBR & Co. reiterated its 'Outperform' rating on the Company's stock with a decrease of the target price from $18 a share to $15 a share. Get free access to your research report on SN at:
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