Independent Oil and Gas Industry Equities Technical Analysis -- Continental Resources, Enterprise Products Partners, Newfield Exploration, Diamondback Energy, and Cimarex Energy

Aug 03, 2015, 09:10 ET from www.equityresearchinstitute.com

NEW YORK, August 3, 2015 /PRNewswire/ --

Equity Research Institute has initiated coverage on the following equities: Continental Resources Inc. (NYSE: CLR), Enterprise Products Partners L.P. (NYSE: EPD), Newfield Exploration Company (NYSE: NFX), Diamondback Energy Inc. (NASDAQ: FANG), and Cimarex Energy Company (NYSE: XEC). Free research report on Continental Resources can be accessed at https://www.EquityResearchInstitute.com/reports?keyword=CLR On Friday, July 31, 2015, the NASDAQ Composite ended at 5,128.28, down 0.01%, the Dow Jones Industrial Average edged 0.32% lower, to finish the day at 17,689.86, and the S&P 500 closed at 2,103.84, down 0.23%. The gains were broad based as five out of nine sectors ended the session in positive. Register for your complimentary reports at the links given below.  

Continental Resources Inc.'s stock finished Friday's session 4.60% lower at $33.41. A total of 5.11 million shares were traded, which was above its three months average volume of 3.20 million shares. Over the last one month and the previous three months, Continental Resources Inc.'s shares have declined 16.83% and 35.31%, respectively. Additionally, the stock has lost 12.90% since the beginning of 2015. The company's shares are trading below their 50-day and 200-day moving averages by 19.85% and 25.46%, respectively. Continental Resources Inc.'s stock traded at a PE ratio of 20.01 and has a Relative Strength Index (RSI) of 34.04. Sign up and read the free notes on CLR at:

https://www.EquityResearchInstitute.com/reports?keyword=CLR

On Friday, shares in Enterprise Products Partners L.P. ended the session 2.04% lower at $28.33. The stock reported a trading volume of 3.90 million shares, above its three months average volume of 3.14 million shares. Shares of the company traded at a PE ratio of 20.68. Enterprise Products Partners L.P.'s shares have lost 2.61% in the last one month, 17.21% in the previous three months and 21.57% on YTD basis. The stock is trading 7.64% below its 50-day moving average and 16.00% below its 200-day moving average. Moreover, shares of Enterprise Products Partners L.P. have an RSI of 41.32. The complimentary notes on EPD can be downloaded in PDF format at:

https://www.EquityResearchInstitute.com/reports?keyword=EPD

Newfield Exploration Co.'s stock lost 1.71%, to close the day at $32.79. The stock recorded a trading volume of 3.19 million shares, above its three months average volume of 2.98 million shares. Over the last one month and over the past three months, Newfield Exploration Co.'s shares have lost 7.01% and 15.90%, respectively. However, the stock has surged 20.91% since the start of this year. The company's shares are trading 0.69% above their 200-day moving average. Additionally, Newfield Exploration Co. traded at a PE ratio of 26.88 and has an RSI of 42.86. Register for free on Equity Research Institute and access the latest research on NFX at:

https://www.EquityResearchInstitute.com/reports?keyword=NFX

On Friday, shares in Diamondback Energy Inc. recorded a trading volume of 1.28 million shares, higher than their three months average volume of 1.20 million shares. The stock ended the day 0.56% lower at $67.30. Shares of the company traded at a PE ratio of 21.37. Diamondback Energy Inc.'s stock has lost 7.58% in the last one month and 17.81% in the previous three months. However, the stock has advanced 12.58% on YTD basis. The company is trading below its 50-day and 200-day moving averages by 9.56% and 4.64%, respectively. Furthermore, shares of Diamondback Energy Inc. have an RSI of 43.33. The complete research on FANG is available for free at:

https://www.EquityResearchInstitute.com/reports?keyword=FANG

Cimarex Energy Co.'s stock declined 1.56%, to close Friday's session at $104.12. The stock recorded a trading volume of 0.86 million shares, below its three months average volume of 1.16 million shares. Over the last one month and the previous three months, Cimarex Energy Co.'s shares have lost 3.59% and 15.09%, respectively. Additionally, the stock has fallen by 1.49% since the start of this year. The company is trading 6.90% and 6.55% below its 50-day and 200-day moving averages, respectively. Furthermore, Cimarex Energy Co.'s stock has an RSI of 44.65. Free in-depth research on XEC is available at:

https://www.EquityResearchInstitute.com/reports?keyword=XEC

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