Energy Sector Stocks Technical Review -- Research on Goodrich Petroleum, Sanchez Energy, EP Energy, and QEP Resources

LONDON, April 24, 2014 /PRNewswire/ --

The trading session on Wednesday, April 23, 2014 ended on a lower note as the S&P 500 finished the session 0.22% lower at 1,875.39, and the NASDAQ Composite closed at 4,126.97, down 0.83%. The Dow Jones Industrial Average finished at 16,501.65, down 0.08%. During the session, the five out of ten sectors ended in positive. The S&P 500 Energy Sector Index closed the day at 685.28, up 0.47%, and the same has advanced 8.31% in the previous three months. Investor-Edge has initiated coverage on the following equities: Goodrich Petroleum Corp. (NYSE: GDP), Sanchez Energy Corp. (NYSE: SN), EP Energy Corp. (NYSE: EPE) and QEP Resources Inc. (NYSE: QEP). Free technical research on GDP, SN, EPE and QEP can be downloaded upon signing up at:

http://www.investor-edge.com/1638-register

Goodrich Petroleum Corp.'s stock finished the Wednesday's session 6.01% higher at $26.46. A total of 3.12 million shares were traded, which was above its three months average volume of 2.32 million shares. The stock moved between $24.80 and $27.40 during the trading session. Over the last one month and previous three months, Goodrich Petroleum Corp.'s shares have rallied 90.91% and 55.74%, respectively. The company's stock has surged 55.46% on YTD basis. The company's shares are trading above its 50-day and 200-day moving averages. Additionally, the stock's 200-day moving average of $19.30 is greater than its 50-day moving average of $16.37. Goodrich Petroleum Corp.'s stock has a Relative Strength Index (RSI) of 84.93. Sign up today to read free research on GDP at:

http://www.investor-edge.com/1638-GDP-24Apr2014.pdf

On Wednesday, Shares of Sanchez Energy Corp. registered a trading volume of 1.10 million shares, which was higher than its three months average volume of 0.99 million shares. The stock ended the day at $30.22, which is 1.21% below its previous day's closing, and registered an intraday range of $30.10 and $31.21. Sanchez Energy Corp.'s shares surged 7.62% in the last one month 12.64% in the previous three months, and 23.30% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $29.22 and $26.33, respectively. Furthermore, the shares of the company traded at a PE ratio of 56.87 and have an RSI of 60.53. Sign up today to read free research on SN at:

http://www.investor-edge.com/1638-SN-24Apr2014.pdf

On Wednesday, EP Energy Corp.'s stock finished the session at $19.42, which was 4.02% higher than its previous day's closing price of $18.67. The stock recorded a trading volume of 0.53 million shares which was below its three months average volume of 0.95 million shares. The stock fluctuated between $18.68 and $19.57 during the trading session. Over the previous three trading sessions and last three months, EP Energy Corp.'s shares have advanced 6.12% and 3.57%, respectively. The stock is trading above its 50-day moving average of $18.92. Moreover, the company's shares have an RSI of 45.97. Sign up today to read free research on EPE at:

http://www.investor-edge.com/1638-EPE-24Apr2014.pdf

QEP Resources Inc.'s stock recorded a trading volume of 2.13 million shares, which is below its three months average volume of 2.57 million shares. The stock ended Wednesday's session at $32.11, up 2.23%, and registered an intraday trading range of $31.51 and $32.24. Over the last one month and previous three months, shares of QEP Resources Inc. have advanced 10.88% and 2.52%, respectively. The stock has gained 4.76% since the start of this year. The stock is trading above its 50-day and 200-day moving averages. QEP Resources Inc.'s 50-day moving average of $30.24 is above its 200-day moving average of $30.22. Further, the company's shares are trading at a PE ratio of 19.82 and have an RSI of 57.12. Sign up today to read free research on QEP at:

http://www.investor-edge.com/1638-QEP-24Apr2014.pdf


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