Energy Sector Stocks Review -- Research on Penn Virginia, Apache, Comstock Resources, and Cobalt International Energy

LONDON, May 7, 2014 /PRNewswire/ --

The markets on Tuesday, May 06, 2014 ended on a lower note as the S&P 500 finished the session 0.90% lower at 1,867.72, and the NASDAQ Composite Index closed at 4,080.76, down 1.38%. The Dow Jones Industrial Average finished at 16,401.02, down 0.78%. During the session, the nine out of ten sectors ended in negative. During the session losses in the Financials, Consumer Discretionary, and Information Technology sectors ended in negative, while some positive momentum was observed in the Energy sector. The S&P 500 Energy Sector Index closed the day at 690.20, up 0.14%, with the index also advancing 13.79% in the previous three months. Investor-Edge has initiated coverage on the following equities: Penn Virginia Corporation (NYSE: PVA), Apache Corporation (NYSE: APA), Comstock Resources Inc. (NYSE: CRK) and Cobalt International Energy Inc. (NYSE: CIE). Free technical research on PVA, APA, CRK and CIE can be downloaded upon signing up at:

http://www.investor-edge.com/2227-register

Penn Virginia Corp.'s stock finished the Tuesday's session 2.39% lower at $16.32. A total of 1.21 million shares were traded, which was below its three months average volume of 2.79 million shares. The stock moved between $16.28 and $17.00 during the session. Over the previous three trading sessions and the last three months, Penn Virginia Corp.'s shares have gained 0.37% and 34.54%, respectively. Additionally, from the beginning of 2014, the company's stock has gained an upside of 73.06%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $16.00 is greater than its 200-day moving average of $10.32. Penn Virginia Corp.'s stock has a Relative Strength Index (RSI) of 52.81. Sign up today to read free research on PVA at:

http://www.investor-edge.com/2227-PVA-07May2014.pdf

On Tuesday, Apache Corp.'s stock edged 0.62% lower, to close the day at $86.42. The stock recorded a trading volume of 3.40 million shares, close to its three months average volume of 3.23 million shares. The stock oscillated between $86.42 and $87.59 during the session. Over the last one month and over the past three months, Apache Corp.'s shares have gained 1.11% and 8.13%, respectively. Additionally, the stock has gained 0.56% since the start of this year. The stock is trading above its 50-day and 200-day moving averages of $82.86 and $85.01, respectively. Additionally, the stock traded at a PE ratio of 10.26 and has an RSI of 60.72. Sign up today to read free research on APA at:

http://www.investor-edge.com/2227-APA-07May2014.pdf

On Tuesday, shares in Comstock Resources Inc. fluctuated between $25.81 and $26.97 before ending the session 3.04% higher at $26.78. Comstock Resources Inc.'s stock reported a trading volume of 3.25 million shares, much above to its three months average volume of 1.51 million shares. Comstock Resources Inc.'s shares have rallied 14.54% in the last one month, 51.56% in the previous three months and 46.42% on YTD basis. The stock is trading above its 50-day and 200-day moving average. Further, the company's 50-day moving average of $22.78 is above its 200-day moving average of $18.40. Moreover, shares of the company have an RSI of 56.43. Sign up today to read free research on CRK at:

http://www.investor-edge.com/2227-CRK-07May2014.pdf

On Tuesday, shares in Cobalt International Energy Inc. recorded a trading volume of 1.82 million shares, lower than its three months average volume of 2.61 million shares. The stock ended the day at $18.94, which was 0.16% below its previous day's closing of $18.97, and registered an intraday range of $18.78 and $19.13. Although Cobalt International Energy Inc.'s shares have lost 2.17% in the previous three trading sessions, it has advanced 4.35% in the last one month and 15.14% on YTD basis. The company's stock is trading above its 50-day moving average of $18.24. Furthermore, shares of the company have an RSI of 62.30. Sign up today to read free research on CIE at:

http://www.investor-edge.com/2227-CIE-07May2014.pdf

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EDITOR'S NOTES:
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1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

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