NEW YORK, March 9, 2017 /PRNewswire/ --
On Wednesday, March 08, 2017, US markets saw broad based losses with five out of nine sectors finishing the trading sessions in red. Major US indices, on the other hand, were mixed at the close of yesterday's session. The NASDAQ Composite ended the day at 5,837.55, up marginally by 0.06%; the Dow Jones Industrial Average edged 0.33% lower, to finish at 20,855.73; and the S&P 500 closed at 2,362.98, down 0.23%. This Thursday morning, Stock-Callers.com looks at the performance of these four Independent Oil & Gas stocks: Jones Energy Inc. (NYSE: JONE), Cimarex Energy Company (NYSE: XEC), Resolute Energy Corporation (NYSE: REN), and PDC Energy Inc. (NASDAQ: PDCE).You can access our complimentary research reports on these stocks now at:
Austin, Texas headquartered Jones Energy Inc.'s stock fell 4.92%, to close the day at $2.90. The stock recorded a trading volume of 1.76 million shares, which was above its three months average volume of 1.03 million shares. The Company's shares are trading 34.11% and 27.79% below its 50-day and 200-day moving averages, respectively. Additionally, shares of the Company, which engages in the acquisition, exploration, development, and production of oil and natural gas properties in the mid-continent region of the US, have a Relative Strength Index (RSI) of 24.48. Visit us today and download your complete report on JONE for free at:
On Wednesday, shares in Denver, Colorado headquartered Cimarex Energy Co. ended the session 3.86% lower at $119.46 with a total volume of 1.28 million shares traded. Cimarex Energy's shares have gained 31.99% in the past one year. The stock is trading 10.90% below its 50-day moving average and 7.08% below 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 27.88.
On February 17th, 2017, research firm KLR Group upgraded the Company's stock rating from 'Hold' to 'Buy'. The complimentary research report on XEC can be accessed at:
On Wednesday, shares in Denver, Colorado-based Resolute Energy Corp. recorded a trading volume of 2.25 million shares, which was higher than their three months average volume of 858,410 shares. The stock ended the day 10.39% lower at $38.22. Resolute Energy's stock has rallied 15.85% in the last three months and 1,153.11% in the previous one year. The Company is trading above its 200-day moving average by 52.98%. Furthermore, shares of Resolute Energy, which engages in the acquisition, exploitation, exploration for, and development of oil and gas properties in the US, have an RSI of 33.15. Register for free on Stock-Callers.com and download the PDF research report on REN at:
Denver, Colorado headquartered PDC Energy Inc.'s stock finished Wednesday's session 3.86% lower at $62.69 with a total volume of 1.34 million shares traded. PDC Energy's shares have gained 20.99% in the past one year. The Company's shares are trading below its 50-day and 200-day moving averages by 14.35% and 4.12%, respectively. 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 27.00. Get free access to your research report on PDCE at:
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