Stock Review for Independent Oil & Gas Investors -- Suncor Energy, Viper Energy Partners, WildHorse Resource Development, and Zion Oil & Gas

NEW YORK, Feb. 26, 2018 /PRNewswire/ --

WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on SU, VNOM, WRD, and ZN which can be accessed for free by signing up to www.wallstequities.com/registration. WallStEquities.com has issued research reports on Suncor Energy Inc. (NYSE: SU), Viper Energy Partners L.P. (NASDAQ: VNOM), WildHorse Resource Development Corp. (NYSE: WRD), and Zion Oil & Gas Inc. (NASDAQ: ZN). Independent Oil and Gas companies are exclusively engaged in the exploration and production segment of the industry, with no downstream marketing or refining within their operations. All you have to do is sign up today for this free limited time offer by clicking the link below.  www.wallstequities.com/registration

Suncor Energy

Last Friday, shares in Canada headquartered Suncor Energy Inc. ended 1.38% higher at $34.44. The stock recorded a trading volume of 2.35 million shares. The Company's shares have advanced 5.42% over the past year. The stock is trading above its 200-day moving average by 3.39%. Furthermore, shares of Suncor Energy have a Relative Strength Index (RSI) of 47.29.  

On February 07^th, 2018, Suncor Energy's Board of Directors has approved a quarterly dividend of $0.36 per share on the Company's common shares, payable on March 26^th, 2018, to shareholders of record at the close of business on March 05^th, 2018. This dividend represents a 12.5% increase over the prior quarter and marks 16 years of consecutive annualized dividend increases.

On February 09^th, 2018, research firm JP Morgan upgraded the Company's stock rating from 'Neutral' to 'Overweight'. Get the full research report on SU for free by clicking below at: www.wallstequities.com/registration/?symbol=SU

Viper Energy Partners

Texas-based Viper Energy Partners L.P.'s stock finished Friday's session 0.26% higher at $23.46. A total volume of 443,654 shares was traded, which was above their three months average volume of 443,180 shares. The Company's shares have advanced 21.81% over the previous three months. The stock is trading above its 200-day moving average by 22.00%. Additionally, shares of the Company have an RSI of 48.58.  

On February 06^th, 2018, Viper Energy Partners announced its financial and operating results for Q4 ended December 31^st, 2017. Net income for the quarter was $42.1 million, distributable cash flow was $52.4 million, total operating income was $59.2 million, and production was 12,413 boe/d (72% oil). As of December 31^st, 2017, the Company had a cash balance of $24 million and approximately $307 million available under its revolving credit facility.

On February 21^st, 2018, research firm Citigroup downgraded the Company's stock rating from 'Buy' to 'Neutral'. Get access to our top-rated research, including the free report on VNOM at: www.wallstequities.com/registration/?symbol=VNOM

WildHorse Resource Development

Shares in Texas headquartered WildHorse Resource Development Corp. ended the session 2.56% higher at $18.05. A total volume of 774,998 shares was traded, which was above their three months average volume of 655,960 shares. The stock has gained 11.42% over the previous three months. The Company's shares are trading above their 200-day moving average by 27.77%. Moreover, shares of the Company have an RSI of 56.02.  

On February 12^th, 2018, WildHorse Resource Development announced that it has executed a definitive purchase and sale agreement to divest its North Louisiana assets to a third party for consideration of approximately $217 million, subject to customary purchase price adjustments. The Company also announced that it has recently executed a definitive purchase and sale agreement to acquire producing and non-producing properties in Lee County, Texas for approximately $19.3 million from an undisclosed seller. 

On February 13^th, 2018, research firm Imperial Capital reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $24 a share to $31 a share. Click here to subscribe for a free membership which welcomes you with our report on WRD at: www.wallstequities.com/registration/?symbol=WRD

Zion Oil & Gas

Texas headquartered Zion Oil & Gas Inc.'s shares recorded a trading volume of 1.12 million shares, which was above their three months average volume of 959,570 shares. The stock closed 2.27% higher at $4.28. The Company's shares have surged 97.24% in the past month and 124.08% in the previous three months. The stock is trading 66.14% above its 50-day moving average. Additionally, shares of the Company have an RSI of 71.83.  

On February 13^th, 2018, Zion Oil & Gas announced that during the current open hole wireline logging and subsequent reaming (cleaning the well bore) operations, it encountered free-flowing hydrocarbons while circulating drilling mud. CEO Victor G. Carrillo stated: "I am ecstatic to see clear evidence of hydrocarbons (oil and gas) in the deeper portion of our Megiddo-Jezreel #1 well – a project that we have been working on for years. However, at this time we cannot comment on the commerciality or ability to successfully produce the well." To get free access to your research report on ZN, sign up at: www.wallstequities.com/registration/?symbol=ZN

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