NEW YORK, August 7, 2017 /PRNewswire/ --
If you want a Stock Review on UPL, XOG, ZN, or AXAS then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. Street Insider reported last Friday, August 04th, 2017, that oil price has gained about 20% in the last two months to above $52 a barrel, doggedly posting higher highs and higher lows, which would suggest that this rally is more robust than the recoveries seen in March and May of this year. Pre-market, DailyStockTracker.com turns to the Independent Oil and Gas space to evaluate the performances of Ultra Petroleum Corp. (NASDAQ: UPL), Extraction Oil & Gas Inc. (NASDAQ: XOG), Zion Oil & Gas Inc. (NASDAQ: ZN), and Abraxas Petroleum Corp. (NASDAQ: AXAS). Sign up today on DailyStockTracker.com and download our free research reports on these featured stocks at:
Last Friday, shares in Houston, Texas headquartered Ultra Petroleum Corp. ended the session 0.22% lower at $9.21. The stock recorded a trading volume of 2.73 million shares, which was above its three months average volume of 2.43 million shares. The Company's shares are trading below their 50-day moving average by 14.97%. Furthermore, shares of Ultra Petroleum, which engages in the acquisition, exploration, development, operation, and production of oil and natural gas properties, have a Relative Strength Index (RSI) of 25.00.
On July 26th, 2017, Ultra Petroleum announced that it will webcast its Q2 2017 financial and operating results on August 09th, 2017 at 11:00 a.m. EDT. The webcast will be available live on the Company's website. UPL complete research report is just a click away at:
Extraction Oil & Gas
Denver-based Extraction Oil & Gas Inc.'s stock finished 1.85% higher at $11.59 with a total trading volume of 1.18 million shares. The Company's shares are trading below their 50-day moving average by 13.39%. Shares of the Company, which focuses on the exploration and production of oil and gas reserves in the Rocky Mountains, have an RSI of 36.15.
On July 18th, 2017, Extraction Oil & Gas priced its previously announced private offering of senior unsecured notes (the "Notes Offering") due in 2024. The Notes Offering will bear interest at 7.375% per annum. The Company upsized the offering amount from $350 million to $400 million in aggregate principal amount, and intends to use the net proceeds of the Notes Offering to partially fund its 2017 capital expenditures and for general corporate purposes. The complimentary report on XOG can be downloaded at:
Zion Oil & Gas
Shares in Dallas, Texas headquartered Zion Oil & Gas Inc. closed the day 1.12% lower at $3.52. The stock recorded a trading volume of 841,610 shares. The Company's shares have skyrocketed 118.63% over the previous three months and 156.93% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 13.39% and 99.83%, respectively. Moreover, shares of the Company, which engages in the exploration of oil and gas properties in Israel, have an RSI of 46.61.
On July 20th, 2017, Zion Oil & Gas announced that the Company continues active drilling operations at its Megiddo-Jezreel #1 well in Israel. As of that day, the Company has reached a depth of approximately 5,345 feet (~1,629 meters) toward a proposed total depth of up to ~15,000 feet. Sign up for your complimentary report on ZN at:
San Antonio, Texas headquartered Abraxas Petroleum Corp.'s shares recorded a trading volume of 742,138 shares last Friday. The stock closed 6.92% higher at $1.70. The Company's shares have advanced 8.97% in the past month. The stock is trading 1.45% below its 50-day moving average. Additionally, shares of Abraxas Petroleum, which engages in the acquisition, exploration, exploitation, development, and production of oil and gas properties in the US, have an RSI of 50.69.
On July 12th, 2017, Abraxas Petroleum announced that it will host its Q2 2017 earnings conference call on August 09th, 2017, at 11:00 a.m. ET. The Company plans to announce its Q2 2017 operating and financial results prior to the call. The live webcast of the conference call can be accessed under the "Investor Relations" portion of the Company's website. Download the research report for free on AXAS at:
Daily Stock Tracker:
Daily Stock Tracker (DST) 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. DST 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.
DST 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 DST. DST 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.
DST, 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. DST, 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, DST, 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 DST 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: (207)331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA