This Morning's Research Reports on Oil & Gas Stocks -- SM Energy, Southwestern Energy, Ultra Petroleum, and WPX Energy
NEW YORK, April 24, 2018 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on SM, SWN, UPL, and WPX which can be accessed for free by signing up to www.wallstequities.com/registration. Ahead of today's trading session, WallStEquities.com observes the performance of SM Energy Co. (NYSE: SM), Southwestern Energy Co. (NYSE: SWN), Ultra Petroleum Corp. (NASDAQ: UPL), and WPX Energy Inc. (NYSE: WPX). Companies in the Independent Oil and Gas space are basically entities that only explore for and produce oil and gas. They typically do not own refining, processing, or marketing assets to prepare that oil and gas, and then sell the product directly to end users. All you have to do is sign up today for this free limited time offer by clicking the link below.
www.wallstequities.com/registration
SM Energy
Denver, Colorado headquartered SM Energy Company's stock finished Monday's session 0.90% higher at $22.36 with a total trading volume of 4.14 million shares, which was higher than their three months average volume of 3.56 million shares. The stock has gained 20.09% in the past month. The Company's shares are trading above their 50-day and 200-day moving averages by 16.22% and 16.68%, respectively. Moreover, shares of SM Energy, which engages in the acquisition, exploration, development, and production of crude oil and condensate, natural gas, and natural gas liquids in onshore North America, have a Relative Strength Index (RSI) of 70.51.
On March 29th, 2018, SM Energy announced that its Board of Directors has approved a semi-annual cash dividend of $0.05 per share of common stock outstanding. The dividend will be paid on May 09th, 2018, to stockholders of record as of the close of business on April 27th, 2018. Get the full research report on SM for free by clicking below at: www.wallstequities.com/registration/?symbol=SM
Southwestern Energy
Shares in Spring, Texas headquartered Southwestern Energy Company rose 0.47%, ending yesterday's session at $4.27 with a total trading volume of 13.61 million shares. The Company's shares are trading above their 50-day moving average by 2.60%. Moreover, shares of Southwestern Energy, which engages in the exploration, development, and production of natural gas and oil in the US, have an RSI of 49.16.
On April 16th, 2018, Southwestern Energy announced that, in conjunction with its Q1 2018 earnings release, it will broadcast a live conference call on April 27th, 2018, at 10:00 a.m. EDT with Bill Way, President and CEO.
On April 17th, 2018, research firm Citigroup downgraded the Company's stock rating from 'Buy' to 'Neutral'. Download our actionable research report on SWN at: www.wallstequities.com/registration/?symbol=SWN
Ultra Petroleum
On Monday, Houston, Texas headquartered Ultra Petroleum Corp.'s stock saw a decline of 0.76%, to close the day at $2.61. A total volume of 2.75 million shares was traded. The stock is trading below its 50-day moving average by 35.61%. Additionally, shares of Ultra Petroleum, which engages in the acquisition, exploration, development, operation, and production of oil and natural gas properties, have an RSI of 26.78.
On April 19th, 2018, Ultra Petroleum announced that it will host a conference call on May 10th, 2018, at 11:00 a.m. EDT to discuss its Q1 2018 results. In addition, the Company expects to provide updated results on its horizontal drilling program in Pinedale. There will be prepared remarks by Brad Johnson, Interim CEO, and Garland Shaw, Senior Vice President and CFO, followed by a question-and-answer session. Register for your free report coverage on UPL at: www.wallstequities.com/registration/?symbol=UPL
WPX Energy
Shares in Tulsa, Oklahoma headquartered WPX Energy, Inc. ended the day 1.08% higher at $16.86. A total volume of 8.38 million shares was traded, which was above their three months average volume of 7.37 million shares. The stock has gained 17.00% in the last month and 39.57% over the last twelve months. The Company's shares are trading above their 50-day and 200-day moving averages by 17.90% and 35.60%, respectively. Furthermore, shares of WPX Energy, which engages in the exploitation and development of unconventional properties in the US, have an RSI of 71.57.
On March 29th, 2018, WPX Energy (WPX) announced that it has closed an agreement to sell its holdings in the San Juan Basin's Gallup oil play to Enduring Resources IV, LLC for $700 million, prior to closing adjustments. A significant portion of the proceeds are slated for debt reduction. WPX now believes that it can reduce its net debt/EBITDAX to a target level of 1.5x during 2019.
On April 11th, 2018, research firm Piper Jaffray upgraded the Company's stock rating from 'Neutral' to 'Overweight'. Get the free research report on WPX at: www.wallstequities.com/registration/?symbol=WPX
--
Wall St. Equities:
Wall St. Equities (WSE) 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. WSE 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.
WSE 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 protected]. 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 WSE. WSE 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.
NO WARRANTY
WSE, 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. WSE, 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, WSE, 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 WSE 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 https://wallstequities.com/legal-disclaimer/
CONTACT
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:
Email: [email protected]
Phone number: +21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Wall St. Equities
Share this article