Oil and Gas Explor+ation and Production Equities Update - Penn West Petroleum, Rex Energy, Pioneer Natural Resources, Gastar Exploration, and Baytex Energy
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LONDON, January 16, 2015 /PRNewswire/ --
Investor-Edge has initiated coverage on the following equities: Penn West Petroleum Ltd (NYSE: PWE), Rex Energy Corporation (NASDAQ: REXX), Pioneer Natural Resources Company (NYSE: PXD), Gastar Exploration Inc. (NYSE MKT: GST), and Baytex Energy Corporation (NYSE: BTE). Free research reports can be accessed at: http://investor-edge.com/register. On Thursday, January 15, 2015, the NASDAQ Composite ended at 4,570.82, down 1.48%, the Dow Jones Industrial Average declined 0.61%, to finish the day at 17,320.71, and the S&P 500 closed at 1,992.67, down 0.92%. The losses were broad based as eight out of ten sectors ended the session in negative. The S&P 500 Energy Sector Index ended the day at 542.06, down 1.21%, while the index has advanced 0.38% in the last one month. Register for your complimentary reports at:
http://investor-edge.com/register
On Thursday, shares in Penn West Petroleum Ltd fluctuated between $1.57 and $1.71 before ending the session 1.84% lower at $1.60. The stock reported a trading volume of 4.10 million shares, below its three months average volume of 5.50 million shares. Penn West Petroleum Ltd's shares have declined 1.23% in the previous three trading sessions, 19.19% in the last one month and 80.70% in the last one year. The company's stock is trading below its 50-day and 200-day moving averages of $3.01 and $6.79, respectively. Moreover, shares of Penn West Petroleum Ltd have a Relative Strength Index (RSI) of 24.46. Sign up and read the free notes on PWE at:
http://get.Investor-Edge.com/pdf/?c=Penn%20West%20Petroleum&d=16-Jan-2015&s=PWE
Rex Energy Corp.'s stock lost 1.51%, to close the day at $2.61. The stock recorded a trading volume of 5.33 million shares, above its three months average volume of 3.18 million shares. The stock oscillated between $2.60 and $2.85 during the session. Over the last three trading sessions and over the past one month, Rex Energy Corp.'s shares have declined 11.22% and 43.14%, respectively. Further, the stock has lost 86.09% in the previous year. The company's stock is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $13.44 is above its 50-day moving average of $6.14. Additionally, Rex Energy Corp.'s stock traded at a PE ratio of 5.87 and has an RSI of 22.95. The complimentary notes on REXX can be downloaded as in PDF format at:
http://get.Investor-Edge.com/pdf/?c=Rex%20Energy&d=16-Jan-2015&s=REXX
On Thursday, shares in Pioneer Natural Resources Co. recorded a trading volume of 3.07 million shares, higher than its three months average volume of 2.57 million shares. The stock ended the day at $141.31, which was 0.65% below its previous day's closing of $142.23, and registered an intraday range of $141.17 and $147.61. Pioneer Natural Resources Co.'s shares have gained 4.73% in the previous three trading sessions and 6.92% in the last one month. However, the stock has lost 18.30% in the past one year. The company's stock is trading below its 50-day and 200-day moving averages of $153.27 and $191.86, respectively. Furthermore, shares of Pioneer Natural Resources Co. have an RSI of 46.09. Register for free on Investor-Edge and access the latest research on PXD at:
http://get.Investor-Edge.com/pdf/?c=Pioneer%20Natural%20Resources&d=16-Jan-2015&s=PXD
Gastar Exploration Inc.'s stock plummeted 7.34%, to close Thursday's session at $2.02, after oscillating between $2.00 and $2.29. The stock recorded a trading volume of 1.45 million shares, below its three months average volume of 1.90 million shares. Over the previous three trading sessions and the last one month, Gastar Exploration Inc.'s shares have declined 8.60% and 9.42%, respectively. Additionally, the stock has plummeted 69.85% in the last one year. The company's stock is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $5.84 is above its 50-day moving average of $3.05. Further, Gastar Exploration Inc.'s stock traded at a PE ratio of 5.45 and has an RSI of 38.95. The complete research on GST is available for free at:
http://get.Investor-Edge.com/pdf/?c=Gastar%20Exploration&d=16-Jan-2015&s=GST
Baytex Energy Corp.'s stock finished Thursday's session 4.50% lower at $14.02. A total of 1.00 million shares were traded, which was close to its three months average volume of 1.08 million shares. The stock moved between $14.00 and $15.32 during the session. Baytex Energy Corp.'s shares have gained 1.96% in the previous three trading sessions and 6.70% in the last one month. However, the stock has declined 61.68% in the past one 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 $35.80 is greater than its 50-day moving average of $20.20. Baytex Energy Corp's stock has an RSI of 37.19. Free in depth research on BTE is available at:
http://get.Investor-Edge.com/pdf/?c=Baytex%20Energy&d=16-Jan-2015&s=BTE
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