Research Reports Initiation on Oil & Gas Stocks -- Eclipse Resources, Stone Energy, Legacy Reserves, and Clayton Williams Energy

Sep 13, 2016, 08:00 ET from Chelmsford Park SA

NEW YORK, September 13, 2016 /PRNewswire/ --

Oil prices fell on Monday, September 12, 2016, amid receding hopes for a production freeze deal. Today, has issued research reports on the following Independent Oil and Gas equities to see how they fared over the last few trading sessions: Eclipse Resources Corp. (NYSE: ECR), Stone Energy Corp. (NYSE: SGY), Legacy Reserves L.P. (NASDAQ: LGCY), and Clayton Williams Energy Inc. (NYSE: CWEI). Learn more about these stocks by downloading their free report at:

Eclipse Resources  

On Monday, shares in State College, Pennsylvania headquartered Eclipse Resources Corp. recorded a trading volume of 1.56 million shares. The stock ended the session 2.31% higher at $3.54. The Company's shares have gained 3.51% in the last one month and 94.51% on an YTD basis. The stock is trading 11.48% above its 50-day moving average and 58.19% above its 200-day moving average. Moreover, shares of Eclipse Resources, which acquires and develops oil and natural gas properties in the Appalachian Basin, have a Relative Strength Index (RSI) of 55.22.

On August 2nd, 2016, Eclipse Resources reported net loss for Q2 2016 of $73.0 million; adjusted EBITDAX for Q2 2016 was $17.1 million. The Company realized an average oil price, before the impact of cash settled derivatives of $36.74 per barrel, a $9.47 per barrel discount to the average WTI oil prices during the reported quarter. The free research report on ECR is available at:

Stone Energy  

Lafayette, Louisiana headquartered Stone Energy Corp.'s stock closed the day 1.77% higher at $12.65 and with a total trading volume of 465,443 shares. The Company's shares have surged 25.87% in the past one month and 165.20% in the previous three months. The stock is trading 2.94% below its 50-day moving average. Additionally, shares of Stone Energy, which engages in the acquisition, exploration, exploitation, development, and operation of oil and gas properties in the Gulf of Mexico, have an RSI of 48.47.

The complimentary report on SGY can be downloaded at:

Legacy Reserves  

Shares in Midland, Texas headquartered Legacy Reserves L.P. recorded a trading volume of 448,721 shares and ended yesterday's trading session 2.41% higher at $1.70. The stock is trading above its 50-day and 200-day moving averages by 3.31% and 2.05%, respectively. Shares of the Company, which acquires and develops oil and natural gas properties primarily in the Permian Basin, East Texas, Rocky Mountain, and Mid-Continent regions of the US, have an RSI of 55.87.

On August 3rd, 2016, Legacy Reserves reported Q2 2016 revenue of $73.37 million, down compared to revenue of $87.80 million in Q2 2015. The company reported that average realized price, excluding net cash settlements from commodity derivatives, decreased 37% to $18.07 per Boe in 2016 from $28.74 per Boe in 2015 driven by the significant decline in commodity prices as well as the increase of natural gas production as a percentage of total production. Visit us today and download our complete research report on LGCY for free at:

Clayton Williams Energy  

Midland, Texas headquartered Clayton Williams Energy Inc.'s stock finished Monday's session 6.94% higher at $76.69 with a total trading volume of 515,606 shares. The Company's shares have surged 40.30% in the last one month, 230.85% over the previous three months, and 159.35% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 63.17% and 168.58%, respectively. Additionally, shares of Clayton Williams Energy, which explores for, and develops and produces oil and natural gas primarily in Texas and New Mexico, have an RSI of 73.48.

On August 30th, 2016, Clayton Williams Energy announced that it has closed its previously announced sale of 5,051,100 shares of common stock to funds managed by Ares Management, L.P. for cash proceeds of $150 million, or approximately $29.70 per share. Get free access to your technical report on CWEI at:


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