NEW YORK, May 25, 2016 /PRNewswire/ --
With much volatility embracing the Independent Oil and Gas industry at present, investors are evaluating their risk-reward. Let us see how this is affecting some of the big names in the industry. Today, ActiveWallSt.com features these four equities: PDC Energy Inc. (NASDAQ: PDCE), Gran Tierra Energy Inc. (AMEX: GTE), Cimarex Energy Co. (NYSE: XEC), and Abraxas Petroleum Corp. (NASDAQ: AXAS). Sign up now for the free technical alerts on these stocks:
Market recap for these stocks following Tuesday's close are below:
Shares in PDC Energy Inc. ended the session at $58.07, which was a correction of 1.78%. The stock recorded a trading volume of 1.09 million shares. The independent exploration and production Company, acquires, explores for, develops, and produces crude oil, natural gas, and natural gas liquids in the U.S. The Company's shares have surged 16.30% in the previous three months and 8.79% on an YTD basis. The stock is trading 3.84% above its 200-day moving average. Moreover, shares of PDC Energy have a Relative Strength Index (RSI) of 42.04. Register now and access free trade alerts on PDCE at:
Shares in Gran Tierra Energy Inc., a Canada headquartered independent energy Company climbed 1.43%, closing Tuesday's trading session at $2.84. A total volume of 1.59 million shares was traded, which was above their three months average volume of 1.46 million shares. The Company's shares have advanced 27.35% in the previous three months and 30.88% since the start of this year. The stock is trading 5.89% above its 50-day moving average and 18.47% above its 200-day moving average. Additionally, shares of Gran Tierra Energy have an RSI of 55.01. Visit us today and activate your complimentary trade alerts on GTE at:
On Tuesday, shares in Cimarex Energy Co., an independent oil and gas exploration and production Company, recorded a trading volume of 828,763 shares, and ended the day 0.21% higher at $117.52. The stock has advanced 10.75% in the past month, 38.55% over the previous three months, and 31.83% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 11.53% and 14.52%, respectively. Furthermore, shares of Cimarex Energy have an RSI of 65.36. Trade alert on XEC is available for free at:
Abraxas Petroleum Corp.'s stock gained 2.83%, finishing yesterday's session at $1.09. A total volume of 2.35 million shares was traded, which was higher than their three months average volume of 1.22 million shares. The Company engages in the acquisition, exploitation, development, and production of oil and gas properties in the U.S. The Company's shares have advanced 25.29% in the previous three months and 2.83% since the start of this year. The stock is trading below its 50-day moving average by 5.09%. Additionally, shares of Abraxas Petroleum have an RSI of 40.47. Complimentary alert on AXAS is accessible at:
Active Wall Street:
Active Wall Street (AWS) 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. AWS 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.
AWS 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 email@example.com. 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 AWS. AWS 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.
AWS, 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. AWS, 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, AWS, 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 AWS 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 http://www.activewallst.com
CONTACT For any questions, inquiries, or comments reach out to us directly at: Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom Email: firstname.lastname@example.org Phone number: 1-858-257-3144
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA