Technical Insight on Oil & Gas Drilling & Exploration Equities -- Memorial Resource Development, Halcon Resources, Antero Resources, and Ocean Rig UDW

Jun 20, 2016, 08:00 ET from Chelmsford Park SA

NEW YORK, June 20, 2016 /PRNewswire/ --

On Friday, June 17, 2016, the NASDAQ Composite ended the trading session at 4,800.34, down 0.92%; the Dow Jones Industrial Average edged 0.33% lower, to finish at 17,675.16; and the S&P 500 closed at 2,071.22, down 0.33%. However, five out of nine sectors ended the session in positive. has initiated coverage on the following equities: Memorial Resource Development Corporation (NASDAQ: MRD), Halcon Resources Corporation (NYSE: HK), Antero Resources Corporation (NYSE: AR), and Ocean Rig UDW LLC (NASDAQ: ORIG). Learn more about these stocks by accessing their free trade alerts at:

Houston, Texas-based independent natural gas and oil Company, Memorial Resource Development Corp.'s stock advanced 3.47% to close the day at $16.38 with a total volume of 1.76 million shares traded. The Company's shares have surged 14.95% in the last one month and 61.86% in the previous three months. The stock is trading 16.47% and 11.79% above its 50-day and 200-day moving averages, respectively. Additionally, Memorial Resource Development's stock traded at a PE ratio of 62.05 and has a Relative Strength Index (RSI) of 59.90. Sign up and read the free notes on MRD at:

On Friday, shares in Houston, Texas headquartered independent energy Company, Halcon Resources Corp., ended the session 10.47% higher at $0.48 with a total volume of 4.30 million shares traded. The stock is trading 38.91% below its 50-day moving average. Moreover, shares of Halcon Resources have an RSI of 45.78. The complimentary notes on HK can be downloaded in PDF format at:

On Friday, shares in Denver, Colorado headquartered independent oil and natural gas Company, Antero Resources Corp., recorded a trading volume of 5.66 million shares, which was higher than their three months average volume of 3.10 million shares. The stock ended the day 2.47% higher at $27.83. Shares of the Company traded at a PE ratio of 14.23. The Company's shares have advanced 5.58% in the last one month and 12.44% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 1.59% and 14.59%, respectively. Furthermore, shares of Antero Resources have an RSI of 48.57. Register for free on and access the latest research on AR at:

Ocean Rig UDW LLC's stock finished Friday's session 8.73% higher at $2.99 with a total volume of 2.00 million shares traded. Over the last one month and the previous three months, the Company's shares have rallied 57.37% and 174.31%, respectively. The stock is trading above its 50-day and 200-day moving averages by 47.38% and 69.94%, respectively. Ocean Rig UDW's stock traded at a PE ratio of 1.31 and has an RSI of 66.94. The Company was founded in 2010 and is based in Houston, Texas. Get free access to your trade alert on ORIG at:


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