Oil and Gas Exploration and Production Stocks Under Review - ConocoPhillips, EXCO Resources, Devon Energy, Bill Barrett, and Approach Resources

LONDON, December 4, 2014 /PRNewswire/ --

Investor-Edge has initiated coverage on the following equities: ConocoPhillips (NYSE: COP), EXCO Resources Inc. (NYSE: XCO), Devon Energy Corporation (NYSE: DVN), Bill Barrett Corporation (NYSE: BBG), and Approach Resources Inc. (NASDAQ: AREX). Free research on these five companies can be accessed at: http://investor-edge.com/register. The US markets on Wednesday, December 03, 2014, ended on a positive note as the Dow Jones Industrial Average finished at 17,912.62, up 0.18% and the NASDAQ Composite closed at 4,774.47, up 0.39%. The S&P 500 finished the session 0.38% higher at 2,074.33. 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 603.53, up 1.17%, with the index advancing 3.24% in the previous three trading sessions. Register for your complimentary reports on these five stocks at:  

http://investor-edge.com/register

ConocoPhillips' stock gained 2.30%, to close the day at $70.80. The stock recorded a trading volume of 11.88 million shares, above its three months average volume of 7.51 million shares. The company's shares oscillated between $69.28 and $71.22 during the session. Over the last three trading sessions and over the past one month, ConocoPhillips' shares have advanced 7.16% and 0.34%, respectively. However, the stock has lost 12.48% in the past three months. The company's stock closed below its 50-day and 200-day moving averages. ConocoPhillips' 200-day moving average of $76.03 is above its 50-day moving average of $71.70. Additionally, the stock traded at a PE ratio of 11.28 and has a Relative Strength Index (RSI) of 44.05. Sign up and read the free notes on COP at:

www.Investor-Edge.com/COP-04Dec2014

On Wednesday, shares in EXCO Resources Inc. fluctuated between $2.57 and $2.83 before ending the session 5.32% higher at $2.77. The stock reported a trading volume of 2.69 million shares, lower than its three months average volume of 4.59 million shares. Shares of the company traded at a PE ratio of 118.26. EXCO Resources Inc.'s stock has declined 5.78% in the previous three trading sessions, 4.48% in the last one month, and 47.83% on YTD basis. The company's stock closed below its 50-day and 200-day moving averages of $3.06 and $4.68, respectively. Moreover, shares of EXCO Resources Inc. have an RSI of 37.26. The complimentary notes on XCO can be downloaded as in PDF format at:

www.Investor-Edge.com/XCO-04Dec2014

Devon Energy Corp.'s stock gained 1.72% to end Wednesday's session at $60.92. The stock recorded a trading volume of 3.79 million shares, below its three months average volume of 4.20 million shares. The company's shares fluctuated between $60.29 and $62.24 during the session. Shares of the company traded at a PE ratio of 29.73. Devon Energy Corp.'s shares have lost 17.88% in the past three months. However, the stock has gained 3.31% in the previous three trading sessions and 4.07% over the last one month. The company's stock closed below its 50-day and 200-day moving averages. Devon Energy Corp.'s 200-day moving average of $69.56 is above its 50-day moving average of $62.52. Additionally, the stock has an RSI of 41.30. Register for free on Investor-Edge and access the latest research on DVN at:

www.Investor-Edge.com/DVN-04Dec2014

On Wednesday, shares in Bill Barrett Corp. recorded a trading volume of 2.73 million shares, higher than its three months average volume of 1.69 million shares. The stock ended the day at $9.66, which was 2.11% above its previous day's closing of $9.46, and registered an intraday range of $9.50 and $10.16. Bill Barrett Corp.'s shares have plummeted 4.64% in the previous three trading sessions, 33.38% in the last one month, and 63.93% on YTD basis. The company's stock closed below its 50-day and 200-day moving averages of $15.65 and $22.36, respectively. Furthermore, shares of Bill Barrett Corp. have an RSI of 27.90. The complete research on BBG is available for free at:

www.Investor-Edge.com/BBG-04Dec2014

Approach Resources Inc.'s stock finished Wednesday's session 1.13% higher at $8.06. A total of 1.66 million shares were traded, which was above its three months average volume of 1.43 million shares. The stock vacillated between $7.81 and $8.56 during the session. Over the last one month and over the past three months, Approach Resources Inc.'s shares have declined 14.62% and 52.56%, respectively. Additionally, from the beginning of 2014, the stock has plummeted 58.24%. The company's shares closed below 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $17.91 is greater than its 50-day moving average of $11.54. Approach Resources Inc.'s stock traded at a PE ratio of 9.91 and has an RSI of 34.96. Free in depth research on AREX is available at:

www.Investor-Edge.com/AREX-04Dec2014

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