Oil and Gas Exploration and Production Equities Technical Notes - WPX Energy, Cobalt Intl. Energy, Range Resources, Abraxas Petroleum, and Eclipse Resources
LONDON, February 20, 2015 /PRNewswire/ --
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Investor-Edge has initiated coverage on the following equities: WPX Energy Inc. (NYSE: WPX), Cobalt International Energy Inc. (NYSE: CIE), Range Resources Corporation (NYSE: RRC), Abraxas Petroleum Corporation (NASDAQ: AXAS), and Eclipse Resources Corporation (NYSE: ECR). Free research report on WPX Energy can be accessed at http://get.Investor-Edge.com/pdf/?c=WPX%20Energy&d=20-Feb-2015&s=WPX. The US markets on Thursday, February 19, 2015, ended on a mixed note as the Dow Jones Industrial Average finished at 17,985.77, down 0.24% and the NASDAQ Composite closed at 4,924.70, up 0.37%. The S&P 500 finished the session 0.11% lower at 2,097.45. During the trading session, six out of ten sectors finished on a lower note. The S&P 500 Energy Sector Index ended the day at 590.83, down 0.78%, whereas the index has advanced 5.63% in the last one month. Register for your complimentary reports at the links given below.
WPX Energy Inc.'s stock closed the day at the previous day's closing price of $12.30. The stock recorded a trading volume of 6.05 million shares, above its three months average volume of 5.13 million shares. The company's shares oscillated between $11.85 and $12.53 during the session. Over the previous three trading sessions and over the past three months, WPX Energy Inc.'s shares have lost 2.38% and 24.40%, respectively. However, the stock has gained 3.80% in the past one month. The company's shares are trading above their 50-day moving average of $11.59, while the 50-day moving average is below WPX Energy Inc.'s 200-day moving average of $18.94. Additionally, the stock has a Relative Strength Index (RSI) of 51.80. Sign up and read the free notes on WPX at:
http://get.Investor-Edge.com/pdf/?c=WPX%20Energy&d=20-Feb-2015&s=WPX
On Thursday, shares in Cobalt International Energy Inc. recorded a trading volume of 2.90 million shares, lower than its three months average volume of 4.63 million shares. The stock ended the day at $8.87, which was 0.67% below its previous day's closing of $8.93, and registered an intraday range of $8.48 and $8.96. Cobalt International Energy Inc.'s shares have gained 7.38% in the last one month, while the stock has lost 0.34% in the previous three trading sessions and 12.44% in the past three months. The stock is trading above its 50-day moving average of $8.56, which is below the 200-day moving average of $13.22. Furthermore, shares of Cobalt International Energy Inc. have an RSI of 53.92. The complimentary notes on CIE can be downloaded as in PDF format at:
http://get.Investor-Edge.com/pdf/?c=Cobalt%20Intl.%20Energy&d=20-Feb-2015&s=CIE
Range Resources Corp.'s stock edged 0.25% higher to end Thursday's session at $52.02. The stock recorded a trading volume of 2.33 million shares, below its three months average volume of 3.30 million shares. The company's shares fluctuated between $50.10 and $53.05 during the session. Shares of the company traded at a PE ratio of 25.94. Range Resources Corp.'s shares have declined 28.74% in the past three months. However, the stock has gained 2.32% in the previous three trading sessions and 4.92% over the last one month. The company's shares are trading below their 50-day and 200-day moving averages. Range Resources Corp.'s 200-day moving average of $70.95 is above its 50-day moving average of $52.10. Additionally, the stock has an RSI of 52.54. Register for free on Investor-Edge and access the latest research on RRC at:
http://get.Investor-Edge.com/pdf/?c=Range%20Resources&d=20-Feb-2015&s=RRC
On Thursday, shares in Abraxas Petroleum Corp. fluctuated between $3.11 and $3.30 before ending the session 2.72% lower at $3.22. The stock reported a trading volume of 2.18 million shares, lower than its three months average volume of 2.80 million shares. Shares of the company traded at a PE ratio of 11.71. Although Abraxas Petroleum Corp.'s stock has gained 14.59% in the last one month, it has fallen lost 6.94% in the previous three trading sessions and 1.83% in the past one year. The stock is trading above its 50-day moving average of $2.97, which is below the stock's 200-day moving average of $4.51, respectively. Moreover, shares of Abraxas Petroleum Corp. have an RSI of 54.39. The complete research on AXAS is available for free at:
http://get.Investor-Edge.com/pdf/?c=Abraxas%20Petroleum&d=20-Feb-2015&s=AXAS
Eclipse Resources Corp.'s stock finished Thursday's session at the previous day's closing price of $7.33. A total of 0.78 million shares were traded, which was below its three months average volume of 1.56 million shares. The stock vacillated between $7.01 and $7.48 during the session. Over the previous three trading sessions and over the last one month, Eclipse Resources Corp.'s shares have advanced 0.55% and 28.82%, respectively. However, over the past three months, the stock has declined 43.40%. The company's shares are trading above their 50-day moving average of $6.48. Eclipse Resources Corp.'s stock has an RSI of 60.10. Free in depth research on ECR is available at:
http://get.Investor-Edge.com/pdf/?c=Eclipse%20Resources&d=20-Feb-2015&s=ECR
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