NEW YORK, May 8, 2017 /PRNewswire/ --
On Friday, May 05, 2017, the NASDAQ Composite ended the trading session at 6,100.76, up 0.42%; the Dow Jones Industrial Average edged 0.26% higher, to finish at 21,006.94; and the S&P 500 closed at 2,399.29, slightly advancing 0.41%. Gains were broad based as eight out of nine sectors ended the day in positive. This Monday, Stock-Callers.com has initiated reports coverage on the following Independent Oil & Gas equities: Baytex Energy Corporation (NYSE: BTE), EQT Corporation (NYSE: EQT), Gastar Exploration Inc. (NYSE MKT: GST), and EXCO Resources Inc. (NYSE: XCO). Learn more about these stocks by downloading their free research reports in PDF format at:
On Friday, shares in Calgary, Canada headquartered Baytex Energy Corp. ended the session 11.07% higher at $3.11 with a total volume of 3.02 million shares traded. The stock is trading 7.10% below its 50-day moving average and 25.04% below its 200-day moving average. Moreover, shares of the Company, which engages in the acquisition, development, and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and Eagle Ford in the US, have a Relative Strength Index (RSI) of 48.53. Sign up and read the free research report on BTE at:
On Friday, shares in Pittsburgh, Pennsylvania headquartered EQT Corp. recorded a trading volume of 2.62 million shares, which was above their three months average volume of 2.04 million shares. The stock ended the day 3.50% higher at $58.22. EQT Corp.'s stock is trading below its 50-day and 200-day moving averages by 3.24% and 12.03%, respectively. Furthermore, shares of EQT, which together with its subsidiaries, operates as an integrated energy company in the US, have an RSI of 41.72.
On May 02nd, 2017, research firm Stifel reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $63 a share to $81 a share. The complimentary research report on EQT can be downloaded at:
Houston, Texas-based Gastar Exploration Inc.'s stock finished Friday's session 11.02% higher at $1.31 with a total volume of 1.48 million shares traded. The Company's shares are trading above its 200-day moving average by 1.39%. Shares of Gastar Exploration, which engages in the exploration, development, and production of oil, condensate, natural gas, and natural gas liquids in the US, have an RSI of 43.62. Register for free on Stock-Callers.com and access the latest report on GST at:
Dallas, Texas headquartered EXCO Resources Inc.'s stock surged 16.81%, to close the day at $0.42. The stock recorded a trading volume of 1.30 million shares. The Company's shares are trading 23.18% and 53.90% below its 50-day and 200-day moving averages, respectively. Additionally, shares of the Company, which engages in the acquisition, exploration, exploitation, development, and production of onshore oil and natural gas properties with a focus on shale resource plays in the US, have an RSI of 36.30. Get free access to your research report on XCO at:
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