Oil and Gas Exploration and Production Stocks Technical Insight -- Penn Virginia, Anadarko Petroleum, Devon Energy, Newfield Exploration, and Pioneer Natural Resources
LONDON, May 13, 2015 /PRNewswire/ --
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Investor-Edge has initiated coverage on the following equities: Penn Virginia Corporation (NYSE: PVA), Anadarko Petroleum Corporation (NYSE: APC), Devon Energy Corporation (NYSE: DVN), Newfield Exploration Company (NYSE: NFX), and Pioneer Natural Resources Company (NYSE: PXD). Free research report on Penn Virginia can be accessed at http://get.Investor-Edge.com/pdf/?c=Penn%20Virginia&d=13-May-2015&s=PVA. On Tuesday, May 12, 2015, the NASDAQ Composite ended at 4,976.19, down 0.35%, the Dow Jones Industrial Average lost 0.20%, to finish the day at 18,068.23, and the S&P 500 closed at 2,099.12, down 0.29%. 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 588.13, up 0.44%, and the index has advanced 0.47% in the last one month. Register for your complimentary reports at the links given below.
On Tuesday, shares in Penn Virginia Corp. fluctuated between $5.10 and $5.50 before ending the session 3.29% lower at $5.29. The stock reported a trading volume of 6.17 million shares, above its three months average volume of 4.30 million shares. Penn Virginia Corp.'s shares have plummeted 12.27% in the previous three trading sessions, 23.33% in the last three months and 20.81% on YTD basis. The company is trading below its 50-day and 200-day moving averages of $6.91 and $8.49, respectively. Moreover, shares of Penn Virginia Corp. have a Relative Strength Index (RSI) of 31.80. Sign up and read the free notes on PVA at:
http://get.Investor-Edge.com/pdf/?c=Penn%20Virginia&d=13-May-2015&s=PVA
Anadarko Petroleum Corp.'s stock edged 0.15% lower, to close the day at $86.19. The stock recorded a trading volume of 4.32 million shares, below its three months average volume of 4.47 million shares. The stock oscillated between $85.50 and $87.04 during the session. Over the last three trading sessions and over the past three months, Anadarko Petroleum Corp.'s shares have declined 2.91% and 1.28%, respectively. However, the stock has advanced 4.47% since the start of this year. The company is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $90.82 is above its 50-day moving average of $86.57. Additionally, Anadarko Petroleum Corp. traded at a PE ratio of 50.08 and has an RSI of 36.83. The complimentary notes on APC can be downloaded as in PDF format at:
http://get.Investor-Edge.com/pdf/?c=Anadarko%20Petroleum&d=13-May-2015&s=APC
On Tuesday, shares in Devon Energy Corp. recorded a trading volume of 2.66 million shares, lower than its three months average volume of 3.67 million shares. The stock ended the day at $67.57, which was 1.67% above its previous day's closing of $66.46, and registered an intraday range of $66.33 and $68.10. Shares of the company traded at a PE ratio of 18.04. Devon Energy Corp.'s shares have advanced 4.18% in the last one month, 2.72% in the previous three months and 10.39% on YTD basis. The company is trading above its 50-day and 200-day moving averages of $62.99 and $64.40, respectively. Furthermore, shares of Devon Energy Corp. have an RSI of 52.23. Register for free on Investor-Edge and access the latest research on DVN at:
http://get.Investor-Edge.com/pdf/?c=Devon%20Energy&d=13-May-2015&s=DVN
Newfield Exploration Co.'s stock edged 0.06% higher, to close Tuesday's session at $35.95, after oscillating between $35.62 and $36.54. The stock recorded a trading volume of 2.54 million shares, below its three months average volume of 3.44 million shares. Over the previous three trading sessions and the last three months, Newfield Exploration Co.'s shares have advanced 2.01% and 16.38%, respectively. Additionally, from the beginning of 2015, the stock has gained an upside of 32.56%. The company is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $35.45 is above its 200-day moving average of $33.59. Furthermore, Newfield Exploration Co.'s stock traded at a PE ratio of 25.46 and has an RSI of 44.74. The complete research on NFX is available for free at:
http://get.Investor-Edge.com/pdf/?c=Newfield%20Exploration&d=13-May-2015&s=NFX
Pioneer Natural Resources Co.'s stock finished Tuesday's session 1.01% higher at $154.54. A total of 1.97 million shares were traded, which was below its three months average volume of 2.09 million shares. The stock moved between $152.03 and $155.48 during the session. Pioneer Natural Resources Co.'s shares have advanced 4.32% in the previous three months and 3.82% since the beginning of 2015. However, the stock has declined 3.15% in the previous three trading sessions. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $172.14 is greater than its 50-day moving average of $165.53. Pioneer Natural Resources Co.'s stock traded at a PE ratio of 50.53 and has an RSI of 28.06. Free in depth research on PXD is available at:
http://get.Investor-Edge.com/pdf/?c=Pioneer%20Natural%20Resources&d=13-May-2015&s=PXD
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