NEW YORK, June 19, 2017 /PRNewswire/ --
DailyStockTracker.com revisits the Independent Oil and Gas space to see how current oil prices and market conditions have influenced the most recent performances of Kosmos Energy Ltd (NYSE: KOS), Baytex Energy Corp. (NYSE: BTE), Pioneer Natural Resources Co. (NYSE: PXD), and Gastar Exploration Inc. (NYSEMKT: GST). On Wednesday, June 14th, 2017, the International Energy Agency (IEA) said that the global oil glut is here to stay through 2017, as OPEC's efforts to restrain petroleum production have hit a wall in the US. In its closely watched monthly oil market report, the IEA said that the world's vast levels of stored oil - a proxy for the global oversupply - grew by 18.6 million barrels in April in industrialized nations. Take a look at the free research reports issued today on DailyStockTracker.com for these stocks by signing up at:
Last Friday at the close, shares in Hamilton, Bermuda-based Kosmos Energy Ltd ended 3.86% higher at $6.19. The stock recorded a trading volume of 3.47 million shares, which was above its three months average volume of 3.28 million shares. The Company's shares have advanced 5.81% in the previous three months. The stock is trading above its 200-day moving average by 1.43%. Furthermore, shares of Kosmos Energy, which explores for and produces oil and gas in Africa and South America, have a Relative Strength Index (RSI) of 47.72. Sign up and read the free research report on KOS at:
Calgary, Canada headquartered Baytex Energy Corp.'s stock finished Friday's session 5.42% higher at $2.53. A total volume of 1.99 million shares was traded, which was above their three months average volume of 1.82 million shares. The Company's shares are trading below their 50-day moving average by 18.32%. Additionally, shares of Baytex Energy, which engages in the acquisition, development, and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and Eagle Ford in the US, have an RSI of 37.56. The complimentary research report on BTE can be downloaded at:
Pioneer Natural Resources
Shares in Irving, Texas headquartered Pioneer Natural Resources Co. ended the session 0.49% higher at $158.79. A total volume of 2.58 million shares was traded, which was above their three months average volume of 1.79 million shares. The stock is trading below its 50-day moving average by 8.46%. Moreover, shares of Pioneer Natural Resources, which operates as an independent oil and gas exploration and production company in the US, have an RSI of 36.07.
On June 15th, 2017, Pioneer Natural Resources announced that Neal H. Shah will join the Company on June 29th, 2017 as Vice President, Investor Relations. He will report to Frank Hopkins, Senior Vice President, Investor Relations. Neal comes to the Company with a strong financial and equity research background. Most recently, he worked at Thrivent Asset Management and Nuveen Asset Management, where he was responsible for energy sector stock selection. Register for free on DailyStockTracker.com and access the latest report on PXD at:
Houston, Texas-based Gastar Exploration Inc.'s shares recorded a trading volume of 1.60 million shares. The stock closed 1.00% higher at $1.01. The Company's shares are trading 19.14% below their 50-day moving average. Additionally, shares of Gastar Exploration, which engages in the exploration, development, and production of oil, condensate, natural gas, and natural gas liquids in the US, have an RSI of 40.52.
On June 05th, 2017, Gastar Exploration announced that Stephen P. Roberts has joined the Company as Senior Vice President and COO, effective immediately. Mr. Roberts joins Gastar from Jones Energy, Inc., where he served as a Senior Vice President over the Anadarko and Arkoma asset groups and as Senior Vice President of Drilling and Completions. Get free access to your research report on GST 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 firstname.lastname@example.org. 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