NEW YORK, May 18, 2016 /PRNewswire/ --
With the recent rise in oil prices, many investors are once again looking for opportunities to grab. This morning, ActiveWallSt.com takes a closer look at four equities in the Independent Oil and Gas space: Legacy Reserves L.P. (NASDAQ: LGCY), Diamondback Energy Inc. (NASDAQ: FANG), Memorial Production Partners L.P. (NASDAQ: MEMP), and Approach Resources Inc. (NASDAQ: AREX). Find out how you can benefit from these stocks by accessing our trading alerts at:
Legacy Reserves L.P.'s stock finished Tuesday's session 3.01% higher at $2.74 and with a total volume of 522,972 shares traded. Over the last month and the previous three months, the Company's shares have surged 120.97% and 176.77%, respectively. Additionally, the stock has gained 56.57% since the start of this year. Shares of the Company are trading above their 50-day moving average by 64.60%. Moreover, Legacy Reserves' stock has a Relative Strength Index (RSI) of 58.85. Do not lose out on any LGCY's trade by activating your free access to the trade alerts now at:
Shares in Diamondback Energy Inc. ended yesterday's session 0.42% higher at $86.94 and with a total volume of 797,918 shares traded. The stock has gained 6.26% in the past month, 23.42% in the previous three months, and 29.96% on an YTD basis. The Company's shares are trading 7.41% above their 50-day moving average and 18.81% above their 200-day moving average. Moreover, Diamondback Energy's stock has an RSI of 57.09. Sign up for your trade alert on FANG at:
On Tuesday, Memorial Production Partners L.P.'s stock climbed 6.64%, to close the day at $2.57. A total volume of 1.16 million shares was traded, above their three months average volume of 830,710 shares. The Company's shares have advanced 26.82% in the last one month, 11.58% in the previous three months, and 2.26% on an YTD basis. The stock is trading 10.67% above its 50-day moving average. Additionally, shares of Memorial Production Partners have an RSI of 56.14. Register for free on ActiveWallSt.com and activate your trade alert on MEMP at:
Shares in Approach Resources Inc. ended the day 1.92% lower at $2.55. A total volume of 741,503 shares was traded. The stock has gained 48.26% in the last one month, 180.22% in the previous three months, and 38.59% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 36.58% and 31.59%, respectively. Furthermore, shares of Approach Resources have an RSI of 56.65. Trade alert on AREX is available for free 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 charter holder (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 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
SOURCE Chelmsford Park SA