NEW YORK, November 23, 2016 /PRNewswire/ --
Pre-market, Stock-Callers.com's attention goes to these four Independent Oil and Gas equities, namely: Resolute Energy Corp. (NYSE: REN), Jones Energy Inc. (NYSE: JONE), Carrizo Oil & Gas Inc. (NASDAQ: CRZO), and Pioneer Natural Resources Co. (NYSE: PXD). On Tuesday, November 22, 2016, oil prices soared to their highest this month, jumping more than 4% on hopes of an output reduction next week. Brent crude rose $2.25 to $49.11 a barrel, while U.S. light crude climbed $2.05 to $48.41 a barrel. Learn more about these stocks by accessing their free research reports at:
Denver, Colorado-based Resolute Energy Corp.'s shares dropped 3.02%, closing Tuesday's trading session at $33.09. The stock recorded a trading volume of 802,699 shares. Shares of the Company have advanced 7.50% in the last month, 85.17% over the previous three months, and 660.69% on an YTD basis. The stock is trading 21.21% and 193.55% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Resolute Energy, which engages in the acquisition, exploitation, exploration for, and development of oil and gas properties in the US, have a Relative Strength Index (RSI) of 61.91.
On November 07th, 2016, Resolute Energy recorded a net loss of $18.9 million, or $1.24 per share, on revenue of $47.4 million during Q3 2016. Included in this net loss was $4.0 million of commodity derivative gains. This compared to a net loss of $182.8 million, or $12.20 per share, on revenue of $36.6 million during Q3 2015. Free research report on REN is available at:
On Tuesday, shares in Austin, Texas headquartered Jones Energy Inc. recorded a trading volume of 569,339 shares. The stock ended the day flat at $4.40. The Company's shares have advanced 2.33% in the last month, 66.67% in the previous three months, and 14.29% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 15.67% and 23.34%, respectively. Furthermore, shares of Jones Energy, which engages in the acquisition, exploration, development, and production of oil and natural gas properties in the mid-continent region of the US, have an RSI of 64.64.
On November 02nd, 2016, Jones Energy for Q3 2016 reported operating revenues of $33.4 million compared to $47.2 million for Q3 2015. Total revenues including current period settlements of matured derivative contracts were $60.9 million for Q3 2016 compared to $86.4 million for Q3 2015. For Q3 2016, the Company reported a net loss of $22.4 million and an adjusted net loss of $1.0 million compared to net income of $34.8 million and an adjusted net loss of $1.6 million for Q3 2015. The complimentary research report on JONE can be downloaded at:
Carrizo Oil & Gas
Houston, Texas-based Carrizo Oil & Gas Inc.'s stock finished the day 1.04% lower at $39.13 and with a total trading volume of 1.02 million shares. The Company's shares have gained 0.67% in the last one month, 9.45% over the previous three months, and 32.29% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 4.82% and 13.59%, respectively. Additionally, shares of Carrizo Oil & Gas, which together with its subsidiaries, engages in the exploration, development, and production of oil and gas primarily in the US, have an RSI of 60.35.
On November 03rd, 2016, Carrizo reported Q3 2016 loss from continuing operations of $101.2 million, or $1.72 per basic and diluted share, compared to a loss from continuing operations of $708.8 million, or $13.75 per basic and diluted share in Q3 2015. The Company recorded total production of 40,762 Boe/d, 13% above Q3 2015. Carrizo's adjusted EBITDA for Q3 2016 was $91.2 million, down 20% from Q3 2015.
On November 07th, 2016, research firm KLR Group upgraded the Company's stock rating from 'Accumulate' to 'Buy'. Visit us today and access our complete research report on CRZO at:
Pioneer Natural Resources
Shares in Irving, Texas headquartered Pioneer Natural Resources Co. ended yesterday's session 0.03% lower at $183.10. The stock recorded a trading volume of 1.27 million shares. The Company's shares have advanced 1.42% in the previous three months and 46.11% on an YTD basis. The stock is trading 1.20% above its 50-day moving average and 14.04% above its 200-day moving average. Moreover, shares of Pioneer Natural Resources, which operates as an independent oil and gas exploration and production company in the US, have an RSI of 57.27.
On November 01st, 2016, Pioneer reported Q3 2016 net income attributable to common stockholders of $22 million, or $0.13 per diluted share. During Q3 2016, the Company produced 239 thousand barrels oil equivalent per day of which 56% was oil; quarterly production grew by 3% compared to Q2 2016. Get free access to your research report on PXD at:
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