Energy Stocks Technical Coverage - Cimarex Energy, Midstates Petroleum, Parsley Energy, Concho Resources, and BreitBurn Energy Partners

LONDON, October 31, 2014 /PRNewswire/ --

Investor-Edge has initiated coverage on the following equities: Cimarex Energy Company (NYSE: XEC), Midstates Petroleum Company Inc. (NYSE: MPO), Parsley Energy Inc. (NYSE: PE), Concho Resources Inc. (NYSE: CXO), and BreitBurn Energy Partners L.P. (NASDAQ: BBEP). Free research on these five companies can be accessed at: http://investor-edge.com/register. On Thursday, October 30, 2014, the NASDAQ Composite ended at 4,566.14, up 0.37%, the Dow Jones Industrial Average advanced 1.30%, to finish the day at 17,195.42, and the S&P 500 closed at 1,994.65, up 0.62%. The gains were broad based as nine out of ten sectors ended the session in positive. The S&P 500 Energy Sector Index ended the day at 628.50, down 0.31%, while the index has advanced 2.12% in the previous three trading sessions. Register for your complimentary reports on these five stocks at:  

http://investor-edge.com/register

Cimarex Energy Co.'s stock finished Thursday's session 2.23% lower at $109.85. A total of 1.65 million shares were traded, which was above its three months average volume of 1.27 million shares. The stock moved between $108.94 and $112.94 during the session. Over the last three trading sessions and since the start of this year, Cimarex Energy Co.'s shares have advanced 3.95% and 4.71%, respectively. However, the stock has lost 13.18% in the last one month. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $125.71 is greater than its 200-day moving average of $124.45. Cimarex Energy Co.'s stock traded at a PE ratio of 14.69 and has a Relative Strength Index (RSI) of 45.12. Sign up and read the free notes on XEC at:

www.Investor-Edge.com/XEC-31Oct2014

On Thursday, shares in Midstates Petroleum Co. Inc. fluctuated between $2.85 and $3.12 before ending the session 3.87% lower at $2.98. The stock reported a trading volume of 0.59 million shares, close to its three months average volume of 0.60 million shares. Although, Midstates Petroleum Co. Inc.'s shares have surged 9.96% in the previous three trading sessions, it has lost 40.99% in the last one month and 54.98% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $5.14 and $5.56, respectively. Moreover, shares of Midstates Petroleum Co. Inc. have an RSI of 37.60. The complimentary notes on MPO can be downloaded as in PDF format at:

www.Investor-Edge.com/MPO-31Oct2014

Parsley Energy Inc.'s stock declined 1.40%, to close the day at $16.89. The stock recorded a trading volume of 1.02 million shares, below its three months average volume of 1.33 million shares. The stock oscillated between $16.52 and $17.22 during the session. Parsley Energy Inc.'s shares have gained 5.50% in the previous three trading sessions. However, the stock has plummeted 20.82% in the last one month. The company's stock is trading below its 50-day moving average of $19.71.  Additionally, Parsley Energy Inc. has an RSI of 41.04. Register for free on Investor-Edge and access the latest research on PE at:

www.Investor-Edge.com/PE-31Oct2014

On Thursday, shares in Concho Resources Inc. recorded a trading volume of 1.01 million shares, lower than its three months average volume of 1.34 million shares. The stock ended the day at $106.76, which was 2.03% below its previous day's closing of $108.97, and registered an intraday range of $105.35 and $109.61. Shares of the company traded at a PE ratio of 26.13. Although Concho Resources Inc.'s shares have advanced 1.23% in the previous three trading sessions, it has declined 14.86% in the last one month and 1.15% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $122.77 and $126.12, respectively. Furthermore, shares of Concho Resources Inc. have an RSI of 44.43. The complete research on CXO is available for free at:

www.Investor-Edge.com/CXO-31Oct2014

BreitBurn Energy Partners L.P.'s stock lost 1.65%, to close Thursday's session at $16.70, after oscillating between $16.68 and $17.06. The stock recorded a trading volume of 1.28 million shares, below its three months average volume of 1.36 million shares. Over the last one month and since the beginning of this year, BreitBurn Energy Partners L.P.'s shares have declined 17.81% and 17.90%, respectively. However, the stock has gained 4.24% in the last three trading sessions. The company's stock is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $20.67 is above its 50-day moving average of $19.90. Further, BreitBurn Energy Partners L.P.'s stock has an RSI of 44.31. Free in depth research on BBEP is available at:

www.Investor-Edge.com/BBEP-31Oct2014

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