Momentum Indicators for Energy Sector Stocks/ Equities -- Research on EQT Corp., Matador Resources, Diamondback Energy, and Stone Energy
Editor Note: For more information about this release, please scroll to bottom.
LONDON, May 15, 2014 /PRNewswire/ --
On Wednesday, May 14, 2014, the NASDAQ Composite ended at 4,100.63, down 0.72%, the Dow Jones Industrial Average finished the day 0.61% lower at 16,613.97, and the S&P 500 closed at 1,888.53, down 0.47%. During the session, five out of ten sectors ended the session in positive. The S&P 500 Energy Sector Index ended the day at 692.09, up 0.04%, with the index also advancing 10.36% in the last three months. Investor-Edge has initiated coverage on the following equities: EQT Corporation (NYSE: EQT), Matador Resources Company (NYSE: MTDR), Diamondback Energy Inc. (NASDAQ: FANG) and Stone Energy Corporation (NYSE: SGY). Free technical research on EQT, MTDR, FANG and SGY can be downloaded upon signing up at:
http://www.investor-edge.com/2580-register
EQT Corp.'s stock finished the Wednesday's session 0.11% higher at $104.58. A total of 0.78 million shares were traded, which was below its three months average volume of 1.59 million shares. The stock moved between $104.33 and $105.73 during the session. Over the last one month and the previous three months, EQT Corp.'s shares have gained 2.43% and 7.07%, respectively. Additionally, from the beginning of 2014, the company's stock has gained an upside of 16.48%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $103.38 is greater than its 200-day moving average of $92.23. EQT Corp.'s stock traded at a PE ratio of 39.72 and has a Relative Strength Index (RSI) of 46.70. Sign up today to read free research on EQT at:
http://www.investor-edge.com/2580-EQT-15May2014.pdf
On Wednesday, shares in Matador Resources Co. fluctuated between $24.27 and $25.44 before ending the session 3.87% lower at $24.33. Matador Resources Co.'s stock reported a trading volume of 0.75 million shares, below its three months average volume of 1.03 million shares. Shares of the company traded at a PE ratio of 19.02. Although, Matador Resources Co.'s shares have fallen by 0.98% in the previous three trading sessions, it has surged 11.71% in the last three months and 30.53% on YTD basis. The stock is trading above its 200-day moving average of $20.42. Moreover, shares of the company have an RSI of 44.02. Sign up today to read free research on MTDR at:
http://www.investor-edge.com/2580-MTDR-15May2014.pdf
Diamondback Energy Inc.'s stock declined 2.32%, to close the day at $72.02. The stock recorded a trading volume of 0.80 million shares, which was below its three months average volume of 1.01 million shares. The stock oscillated between $71.76 and $74.46 during the session. Diamondback Energy Inc.'s shares have advanced 2.71% in the last one month and 20.74% in the previous three months. Additionally, the stock has gained 36.19% since the start of this year. The stock is trading above its 50-day and 200-day moving averages. Further, the stock's 50-day moving average of $68.43 is greater than its 200-day moving average of $53.57. Additionally, the stock traded at a PE ratio of 42.18 and has an RSI of 56.82. Sign up today to read free research on FANG at:
http://www.investor-edge.com/2580-FANG-15May2014.pdf
On Wednesday, shares in Stone Energy Corp. recorded a trading volume of 1.26 million shares, higher than its three months average volume of 1.06 million shares. The stock ended the day at $41.36, which was 0.17% above its previous day's closing of $41.29, and registered an intraday range of $41.17 and $42.00. Stone Energy Corp.'s shares have advanced 0.80% in the previous three trading sessions, 17.20% in the last three months and 19.57% on YTD basis. Shares of the company traded at a PE ratio of 15.83. The company's stock is trading above its 200-day moving average of $34.47, while the 200-day moving average is below Stone Energy Corp.'s 50-day moving average of $41.87. Furthermore, shares of the company have an RSI of 40.20. Sign up today to read free research on SGY at:
http://www.investor-edge.com/2580-SGY-15May2014.pdf
===============
EDITOR'S NOTES:
===============
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.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.
5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Investor-Edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Investor-Edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Investor-Edge
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article