NEW YORK, March 7, 2017 /PRNewswire/ --
On Monday, March 06, 2017, the NASDAQ Composite ended the trading session at 5,849.18, down 0.37%; the Dow Jones Industrial Average edged 0.24% lower, to finish at 20,954.34; and the S&P 500 closed at 2,375.31, dropping 0.33%. Losses were broad based as eight out of nine sectors ended the day in negative. This Tuesday, Stock-Callers.com has initiated reports coverage on the following Independent Oil & Gas equities: California Resources Corporation (NYSE: CRC), Stone Energy Corporation (NYSE: SGY), Matador Resources Company (NYSE: MTDR), and Carrizo Oil & Gas Inc. (NASDAQ: CRZO). Learn more about these stocks by downloading their free research reports in PDF format at:
On Monday, shares in Los Angeles, California headquartered California Resources Corp. ended the session 0.55% higher at $18.29 with a total volume of 1.09 million shares traded. California Resources' shares have advanced 3.92% in the past one year. Shares of the Company, which operates as an oil and natural gas exploration and production company in the State of California, are trading at a PE ratio of 2.83. The stock is trading 23.64% above its 200-day moving average. Moreover, the Company's shares have a Relative Strength Index (RSI) of 42.42. Sign up and read the free research report on CRC at:
On Monday, shares in Lafayette, Louisiana headquartered Stone Energy Corp. recorded a trading volume of 430,731 shares, which was higher than their three months average volume of 231,100 shares. The stock ended the day 8.31% lower at $22.30. The Company is trading below its 50-day and 200-day moving averages by 44.56% and 54.46%, respectively. Furthermore, shares of Stone Energy, which engages in the acquisition, exploration, exploitation, development, and operation of oil and gas properties in the Gulf of Mexico, have an RSI of 27.26.
On March 01st, 2017, research firm National Securities upgraded the Company's stock rating from 'Neutral' to 'Buy'. The complimentary research report on SGY can be downloaded at:
Dallas, Texas headquartered Matador Resources Co.'s stock finished Monday's session 0.50% higher at $24.02 with a total volume of 1.32 million shares traded. Matador Resources' shares have gained 20.52% in the past one year. The Company's shares are trading above its 200-day moving average by 2.03%. Shares of Matador Resources, which engages in the exploration, development, production, and acquisition of oil and natural gas resources in the US, have an RSI of 36.48.
On February 23rd, 2017, research firm Stifel reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $33 a share to $36 a share. Register for free on Stock-Callers.com and access the latest report on MTDR at:
Carrizo Oil & Gas
Houston, Texas-based Carrizo Oil & Gas Inc.'s stock advanced 1.92%, to close the day at $31.78. The stock recorded a trading volume of 1.41 million shares, which was above its three months average volume of 1.16 million shares. Carrizo Oil & Gas' shares have gained 20.20% in the past one year. The Company's shares are trading 10.48% and 13.88% below its 50-day and 200-day moving averages, respectively. Additionally, shares of the Company, which together with its subsidiaries, engages in the exploration, development, and production of oil and gas primarily in the US, have an RSI of 39.11.
On February 24th, 2017, research firm FBR & Co. reiterated its 'Outperform' rating on the Company's stock with a decrease of the target price from $47 a share to $42 a share. Get free access to your research report on CRZO at:
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