Oil & Gas Stocks Under Scanner -- EXCO Resources, EQT Corp., Carrizo Oil & Gas, and Kosmos Energy

Aug 30, 2016, 07:45 ET from Chelmsford Park SA

NEW YORK, August 30, 2016 /PRNewswire/ --

Independent Oil and Gas operators explore for and produce oil and gas. The industry is made up of many publicly traded exploration and production companies, along with privately held companies. Stock-Callers.com takes a look at this morning's featured equities and see where they stand in the market today: EXCO Resources Inc. (NYSE: XCO), EQT Corp. (NYSE: EQT), Carrizo Oil & Gas Inc. (NASDAQ: CRZO), and Kosmos Energy Ltd (NYSE: KOS). You can access of our complimentary research reports on these stocks now at: http://stock-callers.com/registration

EXCO Resources  

At the close on Monday, shares in Dallas, Texas-based EXCO Resources Inc. saw a decline of 6.78%, ending the day at $1.10. The stock recorded a trading volume of 2.66 million shares, which was above its three months average volume of 1.80 million shares. The Company's shares have surged 22.22% in the previous three months. The stock is trading below its 200-day moving average by 4.83%. Moreover, shares of EXCO Resources, 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 a Relative Strength Index (RSI) of 27.19.

On August 24th, 2016, the company announced that for EXCO's outstanding 7.500% Senior Notes due 2018, it has received $23,475,000 under Aggregate Principal Amount Tendered and Not Withdrawn, while EXCO's outstanding 8.500% Senior Notes due 2022 received, $119,299,000. The Principal Amount Outstanding was 131,576,000 and $171,432,000 for the Senior Notes due 2018, and Senior Notes due 2022, respectively at the expiration of offer. Visit us today and download your complete report on XCO for free at: http://stock-callers.com/registration/?symbol=XCO

EQT Corp. 

Shares in Pittsburgh, Pennsylvania headquartered EQT Corp. ended the day 1.30% higher at $72.61 with a total trading volume of 1.13 million shares. The stock has gained 39.48% on an YTD basis. The Company's shares are trading above their 200-day moving average by 11.85%. Furthermore, shares of EQT Corp., which together with its subsidiaries, operates as an integrated energy company in the US, have an RSI of 55.23.

On August 26th, 2016, research firm Stifel upgraded the Company's stock rating from 'Hold' to 'Buy', issuing a target price of $87 per share. The complimentary research report on EQT can be accessed at: http://stock-callers.com/registration/?symbol=EQT

Carrizo Oil & Gas  

On Monday, shares in Houston, Texas-based Carrizo Oil & Gas Inc. finished 2.21% higher at $38.84. A total volume of 2.09 million shares was traded, which was higher than their three months average volume of 1.50 million shares. The stock has advanced 18.41% in the last one month, 0.88% over the previous three months, and 31.30% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 8.50% and 20.34%, respectively. Additionally, shares of Carrizo Oil & Gas, which together with its subsidiaries, engages in the exploration, development, and production of oil and gas primarily in the US, have an RSI of 61.32.

On August 4th, 2016, Carrizo reported a Q2 2016 loss from continuing operations of $262.1 million, or $4.46 per basic and diluted share, compared to a loss from continuing operations of $47.0 million, or $0.92 per basic and diluted share in Q2 2015. The company's production volumes during the Q2 2016 were 3,780 MBoe, or 41,533 Boe/d, an increase of 15% on y-o-y basis.

On August 17th, 2016, research firm Imperial Capital reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $39 a share to $45 a share. Register for free on Stock-Callers.com and download the PDF research report on CRZO at: http://stock-callers.com/registration/?symbol=CRZO

Kosmos Energy  

Hamilton, Bermuda-based Kosmos Energy Ltd's stock recorded a trading volume of 876,560 shares at the end of yesterday's session and closed the day at $6.00, gaining 0.84%. The stock has advanced 8.11% in the last one month, 4.53% in the previous three months, and 15.38% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 5.89% and 9.30%, respectively. Additionally, shares of Kosmos Energy, which explores for and produces oil and gas in Africa, Europe, and South America, have an RSI at 57.24.

On August 8th, 2016, Kosmos Energy reported a net loss of $108.3 million, or $0.28 per diluted share, for Q2 2016, as compared to a net loss of $75.2 million, or $0.20 per share in the same period last year. The company's Q2 2016 oil revenues were $46 million versus $119 million in Q2 2015, on sales of one cargo of 0.9 million barrels of oil for 2016 as compared to two cargos totaling 1.9 million barrels in 2015. Get free access to your research report on KOS at: http://stock-callers.com/registration/?symbol=KOS


Stock Callers: 

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. 


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 info@stock-callers.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. 


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 http://stock-callers.com/legal-disclaimer/

CONTACT 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: Email: info@stock-callers.com 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