NEW YORK, June 23, 2017 /PRNewswire/ --
If you want a Stock Review on MTDR, XCO, XEC or PDCE then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. DailyStockTracker.com has initiated coverage on Matador Resources Co. (NYSE: MTDR), EXCO Resources Inc. (NYSE: XCO), Cimarex Energy Co. (NYSE: XEC), and PDC Energy Inc. (NASDAQ: PDCE). Independent Oil and Gas companies may thrive or wither on the rise or fall of oil and gas prices. Lack of profit counterbalance between upstream and downstream operations could be a challenge for companies in this space during unfavorable market conditions. Sign up today on DailyStockTracker.com and download our free research reports on these featured stocks at:
Dallas, Texas headquartered Matador Resources Co.'s stock finished Thursday's session 2.65% lower at $20.58. A total volume of 2.22 million shares was traded, which was above their three months average volume of 1.98 million shares. The Company's shares are trading 9.84% below their 50-day moving average. Additionally, shares of Matador Resources, which engages in the exploration, development, production, and acquisition of oil and natural gas resources in the US, have a Relative Strength Index (RSI) of 35.81.
On June 02nd, 2017, research firm Credit Suisse initiated an 'Outperform' rating on the Company's stock, with a target price of $34 per share. MTDR complete research report is just a click away at:
On Thursday, shares in Dallas, Texas headquartered EXCO Resources Inc. recorded a trading volume of 230,665 shares. The stock ended the session 1.58% lower at $3.74. The Company's shares are trading 37.25% below their 50-day moving average. Moreover, shares of EXCO Resources, which engages in the acquisition, exploration, exploitation, development, and production of onshore oil and natural gas properties with a focus on shale resource plays in the US, have an RSI of 24.18. The complimentary report on XCO can be downloaded at:
Denver, Colorado headquartered Cimarex Energy Co.'s shares closed the day 1.07% lower at $91.33. The stock recorded a trading volume of 706,841 shares. The Company's shares are trading 18.10% below their 50-day moving average. Additionally, shares of Cimarex Energy, which operates as an independent oil and gas exploration and production company primarily in Oklahoma, Texas, and New Mexico, have an RSI of 19.81.
On June 20th, 2017, Cimarex Energy announced that its Chairman and CEO, Tom Jorden, will present at the J.P. Morgan Energy Equity Conference on June 27th, 2017, at 8:40 am EDT in New York. The presentation will be webcast and available on the Company's website.
On June 21st, 2017, research firm Seaport Global Securities downgraded the Company's stock rating from 'Neutral' to 'Sell' while revising its previous target price from $141 a share to $77 a share. Sign up for your complimentary report on XEC at:
Shares in Denver, Colorado headquartered PDC Energy Inc. finished 1.16% lower at $42.51. The stock recorded a trading volume of 1.13 million shares. The Company's shares are trading below their 50-day moving average by 19.63%. Furthermore, shares of PDC Energy, which acquires, explores for, develops, and produces crude oil, natural gas, and natural gas liquids in the US, have an RSI of 29.54.
On June 02nd, 2017, PDC Energy announced that President and CEO Bart Brookman will present at the JP Morgan Energy Conference on June 27th, 2017 at 10:40 a.m. ET in New York. Related materials, which may include webcast links and/or presentations, will be available on the Company's website.
On June 21st, 2017, research firm Seaport Global Securities downgraded the Company's stock rating from 'Buy' to 'Neutral' while revising its previous target price from $89 a share to $46 a share. Download the research report for free on PDCE at:
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