Energy Sector Stocks in Motion -- Research on Forest Oil, Gulfport Energy, Gastar Exploration, and SM Energy
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LONDON, May 20, 2014 /PRNewswire/ --
The trading session on Monday, May 19, 2014 ended on a higher note as the Dow Jones Industrial Average finished at 16,511.86, up 0.12% and the NASDAQ Composite closed at 4,125.82, up 0.86%. The S&P 500 finished the day 0.38% higher at 1,885.08. During the trading session, seven out of ten sectors finished on a higher note. The S&P 500 Energy Sector Index ended the day 0.29% higher at 683.14, and the index has advanced 8.54% in the previous three months. Investor-Edge has initiated coverage on the following equities: Forest Oil Corp. (NYSE: FST), Gulfport Energy Corp (NASDAQ: GPOR), Gastar Exploration Inc. (NYSE MKT: GST) and SM Energy Co. (NYSE: SM). Free technical research on FST, GPOR, GST and SM can be downloaded upon signing up at:
http://www.investor-edge.com/2758-register
Forest Oil Corp.'s stock fell by 1.83% on Monday, finishing the session at $2.15. A total of 5.41 million shares were traded, which was close to its three months average volume of 5.77 million shares. The stock moved between $2.12 and $2.22 during the session. Shares in Forest Oil Corp. have gained 11.40% in the last one month. However, the stock has declined 1.83% in the previous three trading sessions and 40.44% from the beginning of 2014. The company's shares are trading above their 50-day moving average. The stock's 50-day moving average of $1.92 is below its 200-day moving average of $3.79. Furthermore, Forest Oil Corp.'s stock traded at a PE ratio of 23.34 and has a Relative Strength Index (RSI) of 58.98. Sign up today to read free research on FST at:
http://www.investor-edge.com/2758-FST-20May2014.pdf
On Monday, shares in Gulfport Energy Corp. recorded a trading volume of 1.46 million shares, close to its three months average volume of 1.93 million shares. The stock finished the day at $62.97, which was 1.66% higher than its previous day's closing of $61.94, and registered an intraday range of $61.52 and $63.94. Shares of the company traded at a PE ratio of 24.64. Gulfport Energy Corp.'s stock has advanced 0.86% in the previous three trading sessions. The company's shares have lost 16.16% in the last one month and 0.25% on YTD basis. The stock is trading below its 50-day moving average. Gulfport Energy Corp.'s 50-day moving average of $68.94 is above its 200-day moving average of $62.06. Moreover, the company's stock has an RSI of 36.20. Sign up today to read free research on GPOR at:
http://www.investor-edge.com/2758-GPOR-20May2014.pdf
Shares in Gastar Exploration Inc. fluctuated between $6.98 and $7.49 before ending Monday's session 5.92% higher at $7.34, also hitting a new 52-week high of $7.49. The company's stock reported a trading volume of 2.94 million shares, which was above its three months average volume of 1.06 million shares. Over the previous three trading sessions and in the last one month, shares in Gastar Exploration Inc. have gained 10.88% and 18.39%, respectively. Moreover, the company's shares have advanced 6.07% on YTD basis. Gastar Exploration Inc.'s stock is trading above its 50-day and 200-day moving averages of $6.13 and $5.24, respectively. Further, the company's shares have an RSI of 64.90. Sign up today to read free research on GST at:
http://www.investor-edge.com/2758-GST-20May2014.pdf
SM Energy Co.'s stock edged 0.99% higher on Monday, closing the day at $75.35. The stock recorded a trading volume of 1.27 million shares, close to its three months average volume of 1.34 million shares. The company's stock oscillated between $74.83 and $76.40 during the session. Shares of the company traded at a PE ratio of 14.95. Shares in SM Energy Co. have advanced 1.32% in the previous three trading sessions. However, the stock has lost 2.14% in the last one month and 9.34% since the start of this year. SM Energy Co.'s shares are trading above their 50-day moving average. The stock's 50-day moving average of $73.73 is below its 200-day moving average of $78.54. Additionally, the company's stock has an RSI of 48.48. Sign up today to read free research on SM at:
http://www.investor-edge.com/2758-SM-20May2014.pdf
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