30.01.2017 13:00:00
|
Oil & Gas Stocks Under Review -- Oasis Petroleum, Denbury Resources, ConocoPhillips, and Cabot Oil & Gas
NEW YORK, January 30, 2017 /PRNewswire/ --
Stock-Callers.com revisits the Independent Oil and Gas space to see how current oil prices have influenced the performances of some equities. Lined up for review are Oasis Petroleum Inc. (NYSE: OAS), Denbury Resources Inc. (NYSE: DNR), ConocoPhillips (NYSE: COP), and Cabot Oil & Gas Corp. (NYSE: COG). On Friday, January 27th, 2017, March West Texas Intermediate crude slid 61 cents, or 1.1%, to settle at $53.17 a barrel on the New York Mercantile Exchange. Meanwhile, March Brent crude lost 72 cents, or 1.3%, to $55.52 a barrel on the ICE Futures exchange in London. Learn more about these stocks by downloading their free research reports in PDF format at:
http://stock-callers.com/registration
Oasis Petroleum
Last Friday at the close, shares in Houston, Texas headquartered Oasis Petroleum Inc. ended 0.53% lower at $14.89. The stock recorded a trading volume of 5.64 million shares. The Company's shares have surged 30.16% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 1.41% and 35.30%, respectively. Furthermore, shares of Oasis Petroleum, focuses on the acquisition and development of unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin, have a Relative Strength Index (RSI) of 53.93.
On January 09th, 2017, research firm Macquarie upgraded the Company's stock rating from 'Neutral' to 'Outperform'. Sign up and read the free research report on OAS at:
http://stock-callers.com/registration/?symbol=OAS
Denbury Resources
Plano, Texas headquartered Denbury Resources Inc.'s stock finished Friday's session 1.60% lower at $3.68 with a total trading volume of 5.27 million shares. The Company's shares have advanced 36.80% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 0.97% and 7.59%, respectively. Additionally, shares of Denbury Resources, which operates as an independent oil and natural gas company in the US, have an RSI of 51.66.
As per a SEC filing dated December 21st, 2016, Wieland F. Wettstein, a member of Denbury Resources' Board of Directors notified the Company on December 15th, 2016, that he intends to retire from his directorship and will not stand for re-election to the Company's Board at upcoming annual meeting of stockholders in May 2017. Mr. Wettstein was a founding stockholder of the Company and has been a member of the Board since the Company's inception in 1990. He also served as Chairman of the Board from May 2008 to March 2016. The Board currently plans on replacing Mr. Wettstein with the addition of a new director. The complimentary research report on DNR can be downloaded at:
http://stock-callers.com/registration/?symbol=DNR
ConocoPhillips
Shares in Houston, Texas headquartered ConocoPhillips ended the session 2.37% lower at $49.43 with a total trading volume of 5.40 million shares. The stock has gained 18.25% in the previous three months. The Company's shares are trading above their 50-day and 200-day moving averages by 0.15% and 11.54%, respectively. Moreover, shares of ConocoPhillips, which explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas, and natural gas liquids worldwide, have RSI of 47.38.
On January 11th, 2017, research firm Societe Generale upgraded the Company's stock rating from 'Hold' to 'Buy'.
On January 12th, 2017, ConocoPhillips announced that it will host a conference call webcast on February 02nd, 2017, at 12:00 p.m. ET to discuss Q4 2016 and full-year 2016 financial and operating results. The Company's earnings will be released before the market opens on February 02nd, 2017. Register for free on Stock-Callers.com and access the latest report on COP at:
http://stock-callers.com/registration/?symbol=COP
Cabot Oil & Gas
Houston, Texas headquartered Cabot Oil & Gas Corp.'s stock recorded a trading volume of 4.68 million shares, and closed 2.63% lower at $22.55. The Company's shares have gained 7.94% in the previous three months. The stock is trading 0.25% below its 50-day moving average. Additionally, shares of Cabot Oil & Gas, which develops, exploits, explores for, produces, and markets natural gas, oil, and natural gas liquids in the US, have an RSI of 50.80.
On January 06th, 2017, Cabot Oil & Gas announced that its Board of Directors declared a regular dividend of $0.02 per share on its common stock. The dividend will be paid February 09th, 2017 to all shareholders of record as of the close of business January 26th, 2017.
On January 23rd, 2017, research firm Barclays upgraded the Company's stock rating from 'Equal Weight' to 'Overweight' while revising its previous target price from $22 a share to $25 a share. Get free access to your research report on COG at:
http://stock-callers.com/registration/?symbol=COG
--
Stock Callers:
Stock Callers (SC) 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. SC 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.
SC 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 info@stock-callers.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 SC. SC 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
SC, 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. SC, 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, SC, 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 SC 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
http://stock-callers.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: info@stock-callers.com
Phone number: +44-330-808-3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Nachrichten zu Denbury Resources Incmehr Nachrichten
Keine Nachrichten verfügbar. |