NEW YORK, November 9, 2016 /PRNewswire/ --
On Tuesday, November 08, 2016, the NASDAQ Composite ended the trading session at 5,193.49, up 0.53%; the Dow Jones Industrial Average edged 0.40% higher, to finish at 18,332.74; and the S&P 500 closed at 2,139.56, up 0.38%. The gains were broad based as eight out of nine sectors ended the session in positive. Stock-Callers.com has initiated reports coverage on the following equities today: Diamondback Energy Inc. (NASDAQ: FANG), Energen Corporation (NYSE: EGN), Abraxas Petroleum Corporation (NASDAQ: AXAS), and Cimarex Energy Company (NYSE: XEC). Learn more about these stocks by downloading their free research reports in PDF format at: http://stock-callers.com/registration
Midland, Texas headquartered Diamondback Energy Inc.'s stock finished Tuesday's session 0.23% lower at $93.74 with a total volume of 2.05 million shares traded. Over the previous three months and the past one year, Diamondback Energy's shares have advanced 0.48% and 17.73%, respectively. Shares of the Company, which focuses on the acquisition, development, exploration, and exploitation of onshore oil and natural gas reserves in the Permian Basin in West Texas, are trading above its 200-day moving average by 8.18%. Diamondback Energy's stock has a Relative Strength Index (RSI) of 44.67.
On October 11th, 2016, research firm Wunderlich reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $110 a share to $130 a share. Sign up and read the free research report on FANG at http://stock-callers.com/registration/?symbol=FANG
On Tuesday, shares in Birmingham, Alabama headquartered Energen Corp. recorded a trading volume of 965,632 shares. The stock ended the day 0.64% higher at $53.80. Energen's stock has advanced 3.74% in the previous three months. The Company is trading above its 200-day moving average by 20.21%. Furthermore, shares of Energen, which through its subsidiary, Energen Resources Corp., engages in the exploration, development, and production of oil, natural gas liquids, and natural gas in the Permian Basin in west Texas and the San Juan Basin in New Mexico, have an RSI of 49.71.
On November 07th, 2016, research firm KLR Group upgraded the Company's stock rating from 'Accumulate' to 'Buy'. The complimentary research report on EGN can be downloaded at: http://stock-callers.com/registration/?symbol=EGN
San Antonio, Texas-based Abraxas Petroleum Corp.'s stock edged 0.62% lower, to close the day at $1.59. The stock recorded a trading volume of 456,263 shares. Abraxas Petroleum's shares have gained 30.33% in the previous three months and 6.71% in the past one year. Shares of the Company, which engages in the acquisition, exploitation, development, and production of oil and gas properties in the US, are trading 26.32% above its 200-day moving average. Additionally, the stock has an RSI of 44.18.
On October 21st, 2016, research firm Rodman & Renshaw initiated a 'Buy' rating on the Company's stock, issuing a target price of $3 per share. Register for free on Stock-Callers.com and access the latest report on AXAS at: http://stock-callers.com/registration/?symbol=AXAS
On Tuesday, shares in Denver, Colorado headquartered Cimarex Energy Co. ended the session 1.39% lower at $120.69 with a total volume of 1.21 million shares traded. Cimarex Energy's shares have advanced 3.33% in the past one year. The stock is trading 5.87% above its 200-day moving average. Moreover, shares of the Company, which operates as an independent oil and gas exploration and production company primarily in Oklahoma, Texas, and New Mexico, have an RSI of 29.74.
On November 07th, 2016, research firm KLR Group upgraded the Company's stock rating from 'Hold' to 'Accumulate'. Get free access to your research report on XEC at: http://stock-callers.com/registration/?symbol=XEC
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