Pre-Market Technical Pulse on Oil & Gas Stocks -- Houston American Energy, Carrizo Oil & Gas, Diamondback Energy, and Baytex Energy

NEW YORK, August 28, 2017 /PRNewswire/ --

If you want a Stock Review on HUSA, CRZO, FANG, or BTE then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. Independent Oil and Gas companies 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. Pre-market today, DailyStockTracker.com has initiated coverage on Houston American Energy Corp. (NYSE MKT: HUSA), Carrizo Oil & Gas Inc. (NASDAQ: CRZO), Diamondback Energy Inc. (NASDAQ: FANG), and Baytex Energy Corp. (NYSE: BTE). Sign up today on DailyStockTracker.com and download our free research reports on these featured stocks at: http://dailystocktracker.com/register/

Houston American Energy 

Last Friday, shares in Texas-based Houston American Energy Corp. ended the session 1.43% lower at $0.52. The stock recorded a trading volume of 1.13 million shares. The Company's shares have advanced 12.52% in the last one month, 16.87% over the previous three months, and 190.73% on an YTD basis. The stock is trading above its 200-day moving average by 41.46%. Furthermore, shares of Houston American Energy, which acquires, explores for, develops, and produces natural gas, crude oil, and condensate from properties located principally in the Texas Permian Basin and Gulf Coast areas of the US and South America, have a Relative Strength Index (RSI) of 39.32.

On August 25^th, 2017, Houston American Energy provided an update with respect to the status of its operations - the anticipated commencement of production and upcoming drilling plans in Reeves County, Texas. The Company's O'Brien #3H well has been successfully hydraulically fractured in the Lower Wolfcamp A Zone, and flow back has been scheduled to begin that day. HUSA complete research report is just a click away at: http://dailystocktracker.com/registration/?symbol=HUSA

Carrizo Oil & Gas 

Houston, Texas-based Carrizo Oil & Gas Inc.'s ("CRZO") stock finished 0.89% lower at $13.35 with a total trading volume of 2.55 million shares. The Company's shares are trading below their 50-day moving average by 13.85%. Shares of the Company, which together with its subsidiaries, engages in the exploration, development, and production of oil and gas primarily in the US, has an RSI of 39.49.

On August 11^th, 2017, CRZO announced that it has completed the closing of the transactions contemplated by the purchase and sale agreement with ExL Petroleum Management, LLC and ExL Petroleum Operating Inc. At closing, CRZO purchased approximately 16,508 net acres located in the Delaware Basin in Reeves and Ward Counties, Texas. The previously announced aggregate consideration for the transaction is approximately $648 million in cash, which includes the $75.0-million performance deposit previously paid by the Company, subject to customary purchase price adjustments. The complimentary report on CRZO can be downloaded at: http://dailystocktracker.com/registration/?symbol=CRZO

Diamondback Energy 

Shares in Midland, Texas headquartered Diamondback Energy Inc. closed the day 0.43% lower at $88.74. The stock recorded a trading volume of 413,637 shares. The Company's shares are trading below their 50-day moving average by 1.65%. Moreover, shares of Diamondback Energy, which focuses on the acquisition, development, exploration, and exploitation of onshore oil and natural gas reserves in the Permian Basin in West Texas, have an RSI of 45.60.

On August 01^st, 2017, Diamondback Energy announced results for Q2 ended June 30^th , 2017. For Q2 2017, net income was $158 million; adjusted EBITDA was $218 million; and average realized prices were $45.43 per barrel of oil. For the quarter, the Company's cash operating costs were $7.66 per barrel of oil equivalent (boe), including lease operating expenses of $4.14 per boe; cash general and administrative expenses of $0.82 per boe; and taxes and transportation of $2.70 per boe. Sign up for your complimentary report on FANG at: http://dailystocktracker.com/registration/?symbol=FANG

Baytex Energy 

Calgary, Canada headquartered Baytex Energy Corp.'s shares recorded a trading volume of 855,835 shares last Friday. The stock closed flat at $2.45. The Company's shares are trading 2.23% below their 50-day moving average. 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 42.11.

On August 01^st, 2017, Baytex Energy reported its financial results for the three months ended June 30^th, 2017. For Q2 2017, production was 72,812 boe/d (79% oil and NGL) and FFO were $83.1 million. The Company produced 38,528 boe/d in the Eagle Ford for the quarter and 34,284 boe/d in Canada. Download the research report for free on BTE at: http://dailystocktracker.com/registration/?symbol=BTE

--

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 contact@dailystocktracker.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 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.  

NO WARRANTY 

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 http://dailystocktracker.com/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: contact@dailystocktracker.com
Phone number: (207)-3313313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE dailystocktracker.com