NEW YORK, May 4, 2017 /PRNewswire/ --
For today, Stock-Callers.com reviews the most recent performances of Denbury Resources Inc. (NYSE: DNR), WPX Energy Inc. (NYSE: WPX), ConocoPhillips (NYSE: COP), and Cabot Oil & Gas Corp. (NYSE: COG). Operations of Independent Oil and Gas companies can be as simple as owning and operating a handful of wells, and selling the oil and gas produced directly from the wellhead into the pipeline system. Top companies, however, have operations that span globally. Learn more about these stocks by accessing their free research reports at:
Plano, Texas headquartered Denbury Resources Inc.'s shares saw a decline of 1.83%, finishing Wednesday's trading session at $2.15 with a total trading volume of 4.92 million shares. The stock is trading below its 50-day moving average by 12.26%. Shares of the Company, which operates as an independent oil and natural gas company in the US, have a Relative Strength Index (RSI) of 37.26.
On April 20th, 2017, Denbury Resources announced that it will host a conference call to review and discuss Q1 2017 financial and operating results on Thursday, May 04th, 2017, at 11:00 a.m. ET. A live presentation webcast of the conference call will be available on the Company's website. Free research report on DNR is available at:
On Wednesday, shares in Tulsa, Oklahoma headquartered WPX Energy Inc. recorded a trading volume of 8.01 million shares, which was above their three months average volume of 6.85 million shares. The stock ended the session 1.03% higher at $11.72. The Company's shares are trading 7.29% below its 50-day moving average. Furthermore, shares of WPX Energy, which engages in the exploitation and development of unconventional properties in the US, have an RSI of 37.25.
On April 13th, 2017, research firm Stifel initiated a 'Buy' rating on the Company's stock, with a target price of $21 per share.
On April 18th, 2017, WPX Energy Chairman, President and CEO Rick Muncrief received the Executive of the Year award from Oil and Gas Investor at the Energy Capital Conference in Austin, Texas. Mr. Muncrief is the fourteenth recipient of the magazine's annual award, joining previous honorees such as Harold Hamm from Continental Resources, Chuck Davidson from Noble Energy, Scott Sheffield from Pioneer Natural Resources, and Jim Hackett from Anadarko Petroleum. The complimentary research report on WPX can be downloaded at:
Shares in Houston, Texas headquartered ConocoPhillips closed at $47.08, rising 0.81% from the last trading session. The stock recorded a trading volume of 5.76 million shares. The Company's shares are trading 3.40% above their 200-day moving average. Additionally, shares of ConocoPhillips, which explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas, and natural gas liquids worldwide, have an RSI of 41.87.
On May 02nd, 2017, ConocoPhillips reported Q1 2017 earnings of $0.8 billion, or $0.62 per share, compared with Q1 2016 loss of $1.5 billion, or ($1.18) per share. Excluding special items, Q1 2017 adjusted earnings were a loss of $19 million, or ($0.02) per share, compared with a Q1 2016 adjusted loss of $1.2 billion, or ($0.95) per share. Visit us today and access our complete research report on COP at:
Cabot Oil & Gas
Houston, Texas headquartered Cabot Oil & Gas Corp.'s stock ended 0.50% higher at $24.25 with a total trading volume of 5.28 million shares. The Company's shares have advanced 1.00% in the last one month, 16.75% over the previous three months, and 3.90% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 3.73% and 3.79%, respectively. Furthermore, shares of Cabot Oil & Gas, which develops, exploits, explores for, produces, and markets natural gas, oil, and natural gas liquids in the US, have an RSI of 52.98.
On April 28th, 2017, the Company reported financial and operating results for Q1 2017. Net income was $105.7 million, cash flow from operating activities was $269.4 million, and EBITDAX was $306.3 million for the quarter. Natural gas price realizations improved by 77% in Q1 2017, relative to Q1 2016. Operating expenses per unit also improved by 11%, relative to Q1 2016.
On May 01st, 2017, research firm Piper Jaffray resumed its 'Overweight' rating on the Company's stock, with a target price of $35 per share. Get free access to your research report on COG at:
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