How These Oil and Gas Stocks are Faring? -- Cenovus Energy, Helmerich & Payne, Penn West Petroleum, and RSP Permian
NEW YORK, May 16, 2017 /PRNewswire/ --
On Monday, May 15, 2017, the NASDAQ Composite, the Dow Jones Industrial Average, and the S&P 500 edged higher at the closing bell. Nine out of nine sectors ended Monday's trading session in bullish territories. Taking into consideration yesterday's market sentiment, Stock-Callers.com assessed the following Oil & Gas Drilling & Exploration equities this morning: Cenovus Energy Inc. (NYSE: CVE), Helmerich & Payne Inc. (NYSE: HP), Penn West Petroleum Ltd (NYSE: PWE), and RSP Permian Inc. (NYSE: RSPP). Download the free research reports on these stocks today:
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Cenovus Energy
Calgary, Canada headquartered Cenovus Energy Inc.'s shares gained 2.29%, closing Monday's trading session at $9.82. The stock recorded a trading volume of 3.42 million shares. The Company's shares are trading 12.27% below their 50-day moving average. Additionally, shares of Cenovus Energy, which develops, produces, and markets crude oil, natural gas liquids, and natural gas in Canada, have a Relative Strength Index (RSI) of 41.70. See our free and comprehensive research report on CVE at:
http://stock-callers.com/registration/?symbol=CVE
Helmerich & Payne
On Monday, shares in Tulsa, Oklahoma headquartered Helmerich & Payne Inc. recorded a trading volume of 2.01 million shares, which was above their three months average volume of 1.65 million shares. The stock rose 1.97%, ending the day at $58.55. The Company's shares are trading below their 50-day moving average by 10.04%. Furthermore, shares of Helmerich & Payne, which engages in the contract drilling of oil and gas wells, have an RSI of 35.12.
On May 04th, 2017, research firm Iberia upgraded the Company's stock rating from 'Sector Perform' to 'Outperform'. HP free research report PDF is just a click away at:
http://stock-callers.com/registration/?symbol=HP
Penn West Petroleum
Calgary, Canada headquartered Penn West Petroleum Ltd's stock finished the day 3.23% higher at $1.60. A total volume of 1.49 million shares was traded, which was above their three months average volume of 1.44 million shares. The Company's shares have advanced 3.23% in the last one month. The stock is trading above its 50-day moving average by 1.77%. Additionally, shares of Penn West Petroleum, which explores for, develops, and produces oil and natural gas properties in western Canada, have an RSI of 55.74. Sign up for your complimentary report on PWE at:
http://stock-callers.com/registration/?symbol=PWE
RSP Permian
Shares in Dallas, Texas headquartered RSP Permian Inc. ended yesterday's session 1.54% higher at $40.99. The stock recorded a trading volume of 1.93 million shares, which was above its three months average volume of 1.80 million shares. The Company's shares have advanced 3.09% in the last one month. The stock is trading 3.78% and 1.60% above its 50-day and 200-day moving averages, respectively. Moreover, shares of RSP Permian, which engages in the acquisition, exploration, development, and production of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin of West Texas, have an RSI of 59.20.
On May 04th, 2017, research firm FBR & Co. reiterated its 'Outperform' rating on the Company's stock with a decrease of the target price from $51 a share to $44 a share. Register for free on Stock-Callers.com and download the latest research report on RSPP at:
http://stock-callers.com/registration/?symbol=RSPP
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