Oil and Gas Exploration and Production Equities Technical Momentum - Linn Energy, SM Energy, EQT Corp., Memorial Resource Development, and Atlas Resource Partners
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LONDON, January 23, 2015 /PRNewswire/ --
Investor-Edge has initiated coverage on the following equities: Linn Energy LLC (NASDAQ: LINE), SM Energy Company (NYSE: SM), EQT Corporation (NYSE: EQT), Memorial Resource Development Corporation (NASDAQ: MRD), and Atlas Resource Partners L.P. (NYSE: ARP). Free research report on Linn Energy can be accessed at http://get.Investor-Edge.com/pdf/?c=Linn%20Energy&d=23-Jan-2015&s=LINE. The US markets surged on Thursday, January 22, 2015, as the Dow Jones Industrial Average finished at 17,813.98, up 1.48% and the NASDAQ Composite closed at 4,750.40, up 1.78%. The S&P 500 finished the session 1.53% higher at 2,063.15. During the trading session, eight out of ten sectors finished on a higher note. The S&P 500 Energy Sector Index ended the day at 573.44, up 0.58%, with the index advancing 2.52% in the previous trading sessions. Register for your complimentary reports at the links given below.
Linn Energy LLC's stock edged 0.86% higher, to close the day at $9.40. The stock recorded a trading volume of 2.95 million shares, below its three months average volume of 4.57 million shares. The company's shares oscillated between $9.06 and $9.40 during the session. Over the last three trading sessions and over the past one month, Linn Energy LLC's shares have lost 2.29% and 17.54%, respectively. Further, the stock has plummeted 62.68% in the previous three months. The stock is trading below its 50-day and 200-day moving averages. Linn Energy LLC's 200-day moving average of $25.89 is above its 50-day moving average of $15.29. Additionally, the stock traded at a PE ratio of 17.09 and has a Relative Strength Index (RSI) of 30.93. Sign up and read the free notes on LINE at:
http://get.Investor-Edge.com/pdf/?c=Linn%20Energy&d=23-Jan-2015&s=LINE
On Thursday, shares in SM Energy Co. recorded a trading volume of 1.90 million shares, higher than its three months average volume of 1.83 million shares. The stock ended the day at $35.83, which was 0.03% below its previous day's closing of $35.84, and registered an intraday range of $35.09 and $36.34. Shares of the company traded at a PE ratio of 5.30. SM Energy Co.'s shares have fallen by 0.25% in the previous three trading sessions, 5.69% in the last one month, and 39.53% in the past three months. The stock is trading below its 50-day and 200-day moving averages of $40.27 and $67.09, respectively. Furthermore, shares of SM Energy Co. have an RSI of 47.31. The complimentary notes on SM can be downloaded as in PDF format at:
http://get.Investor-Edge.com/pdf/?c=SM%20Energy&d=23-Jan-2015&s=SM
EQT Corp.'s stock fell 1.16% to end Thursday's session at $75.86. The stock recorded a trading volume of 1.35 million shares, below its three months average volume of 1.75 million shares. The company's shares fluctuated between $74.21 and $77.71 during the session. Shares of the company traded at a PE ratio of 26.71. EQT Corp.'s shares have advanced 0.36% in the previous three trading sessions. However, the stock has lost 2.31% over the last one month and 8.48% in the past three months. The stock is trading below its 50-day and 200-day moving averages. EQT Corp.'s 200-day moving average of $94.89 is above its 50-day moving average of $83.12. Additionally, the stock has an RSI of 49.10. Register for free on Investor-Edge and access the latest research on EQT at:
http://get.Investor-Edge.com/pdf/?c=EQT%20Corp.&d=23-Jan-2015&s=EQT
On Thursday, shares in Memorial Resource Development Corp. fluctuated between $17.52 and $18.62 before ending the session 1.10% lower at $17.96. The stock reported a trading volume of 1.64 million shares, lower than its three months average volume of 1.83 million shares. Memorial Resource Development Corp.'s stock has lost 2.18% in the previous three trading sessions, 4.47% in the last one month, and 27.84% in the past three months. The stock is trading below its 50-day moving average of $19.84. Moreover, shares of Memorial Resource Development Corp. have an RSI of 45.73. The complete research on MRD is available for free at:
http://get.Investor-Edge.com/pdf/?c=Memorial%20Resource%20Development&d=23-Jan-2015&s=MRD
Atlas Resource Partners L.P.'s stock finished Thursday's session 0.48% lower at $8.22. A total of 0.44 million shares were traded, which was below its three months average volume of 0.87 million shares. The stock vacillated between $8.02 and $8.65 during the session. Over the previous three trading sessions and over the last one month, Atlas Resource Partners L.P.'s shares have declined 4.31% and 22.60%, respectively. Additionally, over the past three months, the stock has plummeted 51.13%. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $17.65 is greater than its 50-day moving average of $12.19. Atlas Resource Partners L.P.'s stock has an RSI of 31.82. Free in depth research on ARP is available at:
http://get.Investor-Edge.com/pdf/?c=Atlas%20Resource%20Partners&d=23-Jan-2015&s=ARP
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