LONDON, April 20, 2015 /PRNewswire/ --
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Investor-Edge has initiated coverage on the following equities: SandRidge Energy Inc. (NYSE: SD), Encana Corporation (NYSE: ECA), Penn West Petroleum Ltd (NYSE: PWE), Halcon Resources Corporation (NYSE: HK), and BreitBurn Energy Partners L.P. (NASDAQ: BBEP). Free research report on SandRidge Energy can be accessed at http://get.Investor-Edge.com/pdf/?c=SandRidge%20Energy&d=20-Apr-2015&s=SD. On Friday, April 17, 2015, the NASDAQ Composite ended at 4,931.81, down 1.52%, the Dow Jones Industrial Average declined 1.54%, to finish the day at 17,826.30, and the S&P 500 closed at 2,081.18, down 1.13%. The losses were broad based as all the sectors ended the session in negative. The S&P 500 Energy Sector Index ended the day at 597.81, down 0.81%, while the index has advanced 6.77% in the previous three months. Register for your complimentary reports at the links given below.
On Friday, shares in SandRidge Energy Inc. recorded a trading volume of 19.04 million shares, higher than its three months average volume of 15.64 million shares. The stock ended the day at $2.03, which was 9.78% below its previous day's closing of $2.25, and registered an intraday range of $2.02 and $2.25. Shares of the company traded at a PE ratio of 5.81. SandRidge Energy Inc.'s shares have surged 21.56% in the last one month, 66.39% in the previous three months and 11.54% on YTD basis. The company is trading above its 50-day moving average of $1.88. Furthermore, shares of SandRidge Energy Inc. have a Relative Strength Index (RSI) of 55.70. Sign up and read the free notes on SD at:
Encana Corp.'s stock edged 0.54% higher, to close Friday's session at $13.05, after oscillating between $12.77 and $13.13. The stock recorded a trading volume of 9.28 million shares, above its three months average volume of 8.34 million shares. Encana Corp.'s shares have advanced 9.48% in the previous three trading sessions and 14.47% in the last one month. However, the stock has lost 5.91% since the start of this year. The company is trading above its 50-day moving average. The stock's 200-day moving average of $16.93 is above its 50-day moving average of $12.19. Further, Encana Corp.'s stock traded at a PE ratio of 4.53 and has an RSI of 68.77. The complimentary notes on ECA can be downloaded as in PDF format at:
Penn West Petroleum Ltd's stock finished Friday's session 1.61% lower at $2.44. A total of 4.54 million shares were traded, which was below its three months average volume of 5.57 million shares. The stock moved between $2.38 and $2.53 during the session. Penn West Petroleum Ltd's shares have surged 55.41% in the last one month and 38.64% in the previous three months. Additionally, the stock has gained 17.31% since the beginning of 2015. The company's shares are trading above their 50-day moving average. Moreover, the stock's 200-day moving average of $4.43 is greater than its 50-day moving average of $1.96. Penn West Petroleum Ltd's stock has an RSI of 71.86. Register for free on Investor-Edge and access the latest research on PWE at:
On Friday, shares in Halcon Resources Corp. fluctuated between $1.76 and $1.92 before ending the session 5.79% lower at $1.79. The stock reported a trading volume of 3.55 million shares, below its three months average volume of 4.66 million shares. Shares of the company traded at a PE ratio of 6.51. Halcon Resources Corp.'s shares have advanced 9.15% in the last one month, 49.17% in the previous three months and 0.56% on YTD basis. The company is trading below its 50-day and 200-day moving averages of $1.84 and $3.27, respectively. Moreover, shares of Halcon Resources Corp. have an RSI of 51.37. The complete research on HK is available for free at:
BreitBurn Energy Partners L.P.'s stock declined 1.88%, to close the day at $6.28. The stock recorded a trading volume of 1.49 million shares, below its three months average volume of 3.17 million shares. The stock oscillated between $6.25 and $6.51 during the session. Over the last one month and over the past three months, BreitBurn Energy Partners L.P.'s shares have gained 0.64% and 28.95%, respectively. However, the stock has lost 10.29% since the beginning of this year. The company is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $13.71 is above its 50-day moving average of $6.72. Additionally, BreitBurn Energy Partners L.P. traded at a PE ratio of 2.12 and has an RSI of 52.88. Free in depth research on BBEP is available at:
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