Oil and Gas Exploration and Production Equities Technical Updates - Halcon Resources, WPX Energy, Endeavour Intl., Southwestern Energy, and Abraxas Petroleum
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LONDON, September 8, 2014 /PRNewswire/ --
On Friday, September 05, 2014, the NASDAQ Composite ended at 4,582.90, up 0.45%, the Dow Jones Industrial Average finished the day 0.40% higher at 17,137.36, and the S&P 500 closed at 2,007.71, up 0.50%. The gains were broad based as all the ten sectors ended the session in positive. The S&P 500 Energy Sector Index ended the day at 704.64, up 0.69%, and the index has advanced 0.16% in the last one month. Investor-Edge has initiated coverage on the following equities: Halcon Resources Corporation (NYSE: HK), WPX Energy Inc. (NYSE: WPX), Endeavour International Corporation (NYSE: END), Southwestern Energy Company (NYSE: SWN), and Abraxas Petroleum Corporation (NASDAQ: AXAS). Free research on these five companies can be accessed at:
http://investor-edge.com/register
On Friday, shares in Halcon Resources Corp. recorded a trading volume of 4.14 million shares, lower than its three months average volume of 6.89 million shares. The stock finished the day at $5.67, up 0.71%, and registered an intraday range of $5.54 and $5.70. Shares of Halcon Resources Corp. have gained 5.00% in the past three trading sessions and 9.25% in the last one month. Also, the stock has surged 46.89% on YTD basis. Furthermore, the shares are trading above its 200-day moving average. The stock's 50-day moving average of $6.13 is above its 200-day moving average of $4.94. Additionally, shares of Halcon Resources Corp. have a Relative Strength Index (RSI) of 49.94. Sign up and read the free notes on HK at:
www.Investor-Edge.com/HK-08Sep2014
WPX Energy Inc.'s stock advanced 1.27%, to close Friday's session at $26.27, after oscillating between $26.03 and $26.53. The stock recorded a trading volume of 2.34 million shares, below its three months average volume of 3.05 million shares. Over the last one month and past three months, WPX Energy Inc.'s shares have rallied 14.32% and 21.56%, respectively. Also, from the beginning of 2014, the stock has surged 28.90%. The stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $23.14 is above its 200-day moving average of $20.54. Further, WPX Energy Inc.'s stock has an RSI of 67.98. The complimentary notes on WPX can be downloaded as in PDF format at:
www.Investor-Edge.com/WPX-08Sep2014
On Friday, shares in Endeavour International Corp. finished the session 12.50% lower at $0.49. A total of 2.15 million shares were traded, which was above its three months average volume of 2.07 million shares. The stock moved between $0.48 and $0.58 during the session. Over the last one month and past three months, Endeavour International Corp.'s shares have plummeted 57.76% and 60.48%, respectively. Also, the stock has lost 90.67% since the start of this year. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $3.27 is greater than its 50-day moving average of $1.17. Shares of Endeavour International Corp. have an RSI of 12.61. Register for free on Investor-Edge and access the latest research on END at:
www.Investor-Edge.com/END-08Sep2014
Southwestern Energy Co.'s stock fluctuated between $39.02 and $39.72 before ending Friday's session up 0.46%, at $39.57. The stock reported a trading volume of 2.86 million shares, below its three months average volume of 3.99 million shares. Further, Southwestern Energy Co.'s shares have declined 0.75% over the last one month and 13.96% over the past three months. However, the stock has advanced 0.61% on YTD basis. The company is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $42.69 is greater than its 50-day moving average of $41.33. Moreover, shares of Southwestern Energy Co. traded at a PE ratio of 17.46 and have an RSI of 43.24. The complete research on SWN is available for free at:
www.Investor-Edge.com/SWN-08Sep2014
Abraxas Petroleum Corp.'s stock gained 2.14%, to close Friday's session at $5.73, after vacillating between $5.58 and $5.78. The stock recorded a trading volume of 1.72 million shares, below its three months average volume of 3.09 million shares. Over the last one month, Abraxas Petroleum Corp.'s shares have surged 12.13%. Also, over the past three months and from the beginning of 2014, the stock has gone up 8.52% and 75.71%, respectively. The stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $5.68 is above its 200-day moving average of $4.46. Further, Abraxas Petroleum Corp.'s stock traded at a PE ratio of 31.15 and has an RSI of 53.28. Free in depth research on AXAS is available at:
www.Investor-Edge.com/AXAS-08Sep2014
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