NEW YORK, July 20, 2015 /PRNewswire/ --
Equity Research Institute has initiated coverage on the following equities: California Resources Corporation (NYSE :CRC ), WPX Energy Inc. (NYSE :WPX ), Cabot Oil and Gas Corporation (NYSE :COG ), Midstates Petroleum Company Inc. (NYSE :MPO ), and Bellatrix Exploration Ltd (NYSE :BXE ). Free research report on California Resources can be accessed at https://www.EquityResearchInstitute.com/reports?keyword=CRC On Friday, July 17, 2015, the NASDAQ Composite ended at 5,210.14, up 0.91%, the Dow Jones Industrial Average declined 0.19%, to finish the day at 18,086.45, and the S&P 500 closed at 2,126.64, up 0.11%. The losses were broad based as six out of nine sectors ended the session in negative. Register for your complimentary reports at the links given below.
California Resources Corp.'s stock finished Friday's session 1.74% lower at $5.07. A total of 4.85 million shares were traded, which was below its three months average volume of 5.82 million shares. Over the last one month and the previous three months, California Resources Corp.'s shares have plummeted 31.76% and 46.45%, respectively. Additionally, the stock has declined 7.74% since the beginning of 2015. The company's shares are trading below their 50-day and 200-day moving averages by 29.15% and 26.97%, respectively. California Resources Corp.'s stock has a Relative Strength Index (RSI) of 23.89. Sign up and read the free notes on CRC at:
On Friday, shares in WPX Energy Inc. ended the session 6.09% lower at $9.71. The stock reported a trading volume of 55.93 million shares, much above its three months average volume of 4.82 million shares. Shares of the company traded at a PE ratio of 15.41. WPX Energy Inc.'s shares have lost 24.49% in the last one month, 27.32% in the previous three months and 16.51% on YTD basis. The company is trading 24.08% below its 50-day moving average and 27.99% below its 200-day moving average. Moreover, shares of WPX Energy Inc. have an RSI of 28.85. The complimentary notes on WPX can be downloaded in PDF format at:
Cabot Oil and Gas Corp.'s stock declined 1.69%, to close the day at $29.01. The stock recorded a trading volume of 4.24 million shares, below its three months average volume of 5.02 million shares. Over the last one month and over the past three months, Cabot Oil and Gas Corp.'s shares have lost 14.95% and 11.69%, respectively. Furthermore, the stock has fallen by 1.90% since the start of this year. The company's shares are trading 12.38% below their 50-day moving average and 6.45% below their 200-day moving average. Additionally, Cabot Oil and Gas Corp. traded at a PE ratio of 362.63 and has an RSI of 19.50. Register for free on Equity Research Institute and access the latest research on COG at:
On Friday, shares in Midstates Petroleum Co. Inc. recorded a trading volume of 0.91 million shares, higher than their three months average volume of 0.79 million shares. The stock ended the day 11.11% lower at $0.56. Midstates Petroleum Co. Inc.'s stock has plummeted 45.63% in the last one month, 53.72% in the previous three months and 62.91% on YTD basis. The company is trading below its 50-day and 200-day moving averages by 46.21% and 65.11%, respectively. Furthermore, shares of Midstates Petroleum Co. Inc. have an RSI of 24.19. The complete research on MPO is available for free at:
Bellatrix Exploration Ltd's stock declined 5.04%, to close Friday's session at $2.26. The stock recorded a trading volume of 0.53 million shares, below its three months average volume of 0.66 million shares. Over the last one month and the previous three months, Bellatrix Exploration Ltd's shares have plummeted16.30% and 28.03%, respectively. Additionally, the stock has lost 37.91% since the start of this year. The company is trading 16.64% and 31.29% below its 50-day and 200-day moving averages, respectively. Furthermore, Bellatrix Exploration Ltd's stock traded at a PE ratio of 4.35 and has an RSI of 39.19. Free in-depth research on BXE is available at:
About Equity Research Institute:
Equity Research Institute ("ERI") 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. ERI 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.
ERI 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"). Rohit Tuli, a CFA® charter holder (the "CFA®"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on sound investment judgment and publicly available information which is believed to be reliable. The Reviewer and the CFA® have not performed any independent investigations or forensic audits to validate the information herein. Unless otherwise noted, any content outside of this document has no association with the Author, the Reviewer, or the CFA® (collectively referred to as the "Production Team") in any way. The Production Team is compensated on a fixed monthly basis and do not hold any positions of interest in any of the securities mentioned herein.
ERI, the Author, the Reviewer and the CFA® (collectively referred to as the "Publishers") 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 by the Publishers whatsoever for any direct, indirect or consequential loss arising from the use of this document. The Publishers 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, the Publishers 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 ERI 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://www.equityresearchinstitute.com.
ERI is not available to residents of Belarus, Cuba, Canada, Iran, North Korea, Sudan, Syria or Somalia. Do not send email to robottrap (at) equityresearchinstitute.com.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.