Oil and Gas Exploration and Production Stocks Review - Cimarex Energy, Comstock Resources, Rice Energy, Diamondback Energy, and Parsley Energy
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LONDON, December 1, 2014 /PRNewswire/ --
Investor-Edge has initiated coverage on the following equities: Cimarex Energy Company (NYSE: XEC), Comstock Resources Inc. (NYSE: CRK), Rice Energy Inc. (NYSE: RICE), Diamondback Energy Inc. (NASDAQ: FANG), and Parsley Energy Inc. (NYSE: PE). Free research on these five companies can be accessed at: http://investor-edge.com/register. The US markets on Friday, November 28, 2014, ended on a mixed note as the Dow Jones Industrial Average finished flat at 17,828.24 and the NASDAQ Composite closed at 4,791.63, up 0.09%. The S&P 500 finished the session 0.25% lower at 2,067.56. During the trading session, seven out of ten sectors finished on a higher note. The S&P 500 Energy Sector Index ended the day at 584.58, down 6.26%, with the index declining 18.32% in the previous three months. Register for your complimentary reports on these five stocks at:
http://investor-edge.com/register
Cimarex Energy Co.'s stock plummeted 9.21%, to close the day at $104.95. The stock recorded a trading volume of 1.87 million shares, above its three months average volume of 1.37 million shares. The company's shares oscillated between $102.77 and $111.04 during the session. Over the last three trading sessions and over the past one month, Cimarex Energy Co.'s shares have declined 13.83% and 6.59%, respectively. Further, the stock has lost 27.70% in the previous three months. The company's stock is trading below its 50-day and 200-day moving averages. Cimarex Energy Co. stock's 200-day moving average of $125.87 is above its 50-day moving average of $116.02. Additionally, the stock traded at a PE ratio of 14.30 and has a Relative Strength Index (RSI) of 36.47. Sign up and read the free notes on XEC at:
www.Investor-Edge.com/XEC-01Dec2014
On Friday, shares in Comstock Resources Inc. recorded a trading volume of 4.54 million shares, higher than its three months average volume of 2.02 million shares. The stock ended the day at $8.86, which was 15.54% below its previous day's closing of $10.49, hitting a new 52-week low of $8.39. Comstock Resources Inc.'s shares have plummeted 22.89% in the previous three trading sessions, 24.40% in the last one month, and 51.56% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $13.46 and $21.61, respectively. Furthermore, shares of Comstock Resources Inc. have an RSI of 32.18. The complimentary notes on CRK can be downloaded as in PDF format at:
www.Investor-Edge.com/CRK-01Dec2014
Rice Energy Inc.'s stock declined 3.15% to end Friday's session at $24.90. The stock recorded a trading volume of 1.34 million shares, below its three months average volume of 1.45 million shares. The company's shares fluctuated between $24.21 and $25.80 during the session. Rice Energy Inc.'s shares have lost 14.96% in the past three months. Further, the stock has fallen by 5.32% in the previous three trading sessions and 0.99% over the last one month. The company's stock is trading below its 50-day and 200-day moving averages. Rice Energy Inc. stock's 200-day moving average of $27.68 is above its 50-day moving average of $25.82. Additionally, the stock has an RSI of 43.56. Register for free on Investor-Edge and access the latest research on RICE at:
www.Investor-Edge.com/RICE-01Dec2014
On Friday, shares in Diamondback Energy Inc. fluctuated between $54.48 and $61.86 before ending the session 13.07% lower at $56.40. The stock reported a trading volume of 2.11 million shares, higher than its three months average volume of 1.44 million shares. Shares of the company traded at a PE ratio of 25.76. Although Diamondback Energy Inc.'s stock has advanced 6.65% on YTD basis, it has plummeted 17.17% in the previous three trading sessions and 18.36% in the last one month. The company's stock is trading below its 50-day and 200-day moving averages of $67.80 and $73.82, respectively. Moreover, shares of Diamondback Energy Inc. have an RSI of 34.22. The complete research on FANG is available for free at:
www.Investor-Edge.com/FANG-01Dec2014
Parsley Energy Inc.'s stock finished Friday's session 24.90% lower at $12.64, hitting a new 52-week low of $12.60. A total of 2.27 million shares were traded, which was above its three months average volume of 1.40 million shares. The stock vacillated between $12.60 and $15.49 during the session. Over the previous three trading sessions and over the last one month, Parsley Energy Inc.'s shares have plummeted 27.77% and 26.21%, respectively. Additionally, in past three months, the stock has declined 42.34%. The company's shares are trading below their 50-day moving average of $17.94. Parsley Energy Inc.'s stock has an RSI of 27.16. Free in depth research on PE is available at:
www.Investor-Edge.com/PE-01Dec2014
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