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
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 firstname.lastname@example.org. 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.
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/
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:
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