NEW YORK, May 16, 2017 /PRNewswire/ --
On Monday, May 15, 2017, the NASDAQ Composite, the Dow Jones Industrial Average, and the S&P 500 edged higher at the closing bell. Nine out of nine sectors ended Monday's trading session in bullish territories. Taking into consideration yesterday's market sentiment, Stock-Callers.com assessed the following Oil & Gas Drilling & Exploration equities this morning: Cenovus Energy Inc. (NYSE: CVE), Helmerich & Payne Inc. (NYSE: HP), Penn West Petroleum Ltd (NYSE: PWE), and RSP Permian Inc. (NYSE: RSPP). Download the free research reports on these stocks today:
Calgary, Canada headquartered Cenovus Energy Inc.'s shares gained 2.29%, closing Monday's trading session at $9.82. The stock recorded a trading volume of 3.42 million shares. The Company's shares are trading 12.27% below their 50-day moving average. Additionally, shares of Cenovus Energy, which develops, produces, and markets crude oil, natural gas liquids, and natural gas in Canada, have a Relative Strength Index (RSI) of 41.70. See our free and comprehensive research report on CVE at:
Helmerich & Payne
On Monday, shares in Tulsa, Oklahoma headquartered Helmerich & Payne Inc. recorded a trading volume of 2.01 million shares, which was above their three months average volume of 1.65 million shares. The stock rose 1.97%, ending the day at $58.55. The Company's shares are trading below their 50-day moving average by 10.04%. Furthermore, shares of Helmerich & Payne, which engages in the contract drilling of oil and gas wells, have an RSI of 35.12.
On May 04th, 2017, research firm Iberia upgraded the Company's stock rating from 'Sector Perform' to 'Outperform'. HP free research report PDF is just a click away at:
Penn West Petroleum
Calgary, Canada headquartered Penn West Petroleum Ltd's stock finished the day 3.23% higher at $1.60. A total volume of 1.49 million shares was traded, which was above their three months average volume of 1.44 million shares. The Company's shares have advanced 3.23% in the last one month. The stock is trading above its 50-day moving average by 1.77%. Additionally, shares of Penn West Petroleum, which explores for, develops, and produces oil and natural gas properties in western Canada, have an RSI of 55.74. Sign up for your complimentary report on PWE at:
Shares in Dallas, Texas headquartered RSP Permian Inc. ended yesterday's session 1.54% higher at $40.99. The stock recorded a trading volume of 1.93 million shares, which was above its three months average volume of 1.80 million shares. The Company's shares have advanced 3.09% in the last one month. The stock is trading 3.78% and 1.60% above its 50-day and 200-day moving averages, respectively. Moreover, 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 an RSI of 59.20.
On May 04th, 2017, research firm FBR & Co. reiterated its 'Outperform' rating on the Company's stock with a decrease of the target price from $51 a share to $44 a share. Register for free on Stock-Callers.com and download the latest research report on RSPP 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 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 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