On Thursday, shares in Texas headquartered RSP Permian Inc. recorded a trading volume of 2.75 million shares, which was above their three months average volume of 1.91 million shares. The stock ended the day at $40.43, rising 1.20%. The Company's shares have gained 6.68% over the previous three months and 65.76% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 4.31% and 22.23%, respectively. Furthermore, shares of RSP Permian, which engages in the acquisition, exploration, development, and production of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin of West Texas, have a Relative Strength Index (RSI) of 60.09.
On October 17th, 2016, research firm Wunderlich reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $44 a share to $51 a share.
On November 01st, 2016, RSP Permian reported that during Q3 2016 production increased by 24% to 29.8 MBoe/d as compared to Q3 2015. The company reported net income of $1.0 million, or $0.01 per diluted share. For Q3 2016, total revenues, excluding the revenue impact from realized derivative instruments, were $93.6 million, a 16% increase over Q3 2015 of $80.6 million. RSPP complete research report is just a click away at:
Vanguard Natural Resources
Houston, Texas headquartered Vanguard Natural Resources LLC's stock finished yesterday's session 8.33% lower at $0.55. A total volume of 2.15 million shares was traded, which was above their three months average volume of 1.87 million shares. The Company's shares have gained 1.85% in the last one month. The stock is trading below its 50-day moving average by 37.19%. Furthermore, shares of Vanguard Natural Resources, which through its subsidiaries, acquires and develops oil and natural gas properties in the US, have an RSI of 37.94.
On November 08th, 2016, Vanguard Natural Resources reported average production of 423,787 Mcfe per day in Q3 2016, up 10% compared to 386,679 Mcfe per day produced in Q3 2015. Distributable Cash flow available to common and class B unit-holders increased 76% to $55.0 million from the $31.3 million generated in Q3 2015. Adjusted net income available to common and class B unit-holders was $33.7 million in Q3 2016, or $0.26 per basic unit, compared to adjusted net income of $1.6 million, or $0.02 per basic unit, in Q3 2015. The complimentary report on VNR can be downloaded at:
At the closing bell on Thursday, shares in Calgary, Canada headquartered Cenovus Energy Inc. saw a drop of 2.02%, ending the day at $14.10. The stock recorded a trading volume of 1.17 million shares. The Company's shares have advanced 11.73% on an YTD basis. The stock is trading 1.27% above its 200-day moving average. Moreover, shares of Cenovus Energy, which develops, produces, and markets crude oil, natural gas liquids (NGLs), and natural gas in Canada, have an RSI of 43.63.
On October 27th, 2016, Cenovus Energy's operating cash flow from refining and marketing was $68 million in Q3 2016 compared to $30 million in Q3 2015. Cenovus had a net loss of $251 million in Q3 2016 compared to net earnings of $1.8 billion in Q3 2015 when the company recorded an after-tax gain of approximately $1.9 billion from the sale of its royalty interest and mineral fee title lands business. Sign up for your complimentary report on CVE at:
Helmerich & Payne
Tulsa, Oklahoma headquartered Helmerich & Payne Inc.'s stock ended the day 0.20% higher at $63.69. A total volume of 2.40 million shares was traded, which was above their three months average volume of 1.70 million shares. The Company's shares have gained 4.11% over the previous three months and 24.84% on an YTD basis. The stock is trading 1.56% above its 50-day moving average and 6.42% above its 200-day moving average. Additionally, shares of Helmerich & Payne, which engages in the contract drilling of oil and gas wells, have an RSI of 53.24. Download the research report for free on HP at:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email firstname.lastname@example.org. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA