Oil and Gas Exploration and Production Technical Snapshot -- Research on Northern Oil and Gas, Concho Resources, Bill Barrett, and BreitBurn Energy Partners

LONDON, June 20, 2014 /PRNewswire/ --

On Thursday, June 19, 2014, the NASDAQ Composite ended at 4,359.33, down 0.08%, the Dow Jones Industrial Average finished the day 0.09% higher at 16,921.46, and the S&P 500 closed at 1,959.48, up 0.13%. The gains were broad based as six out of ten sectors ended the session in positive. The S&P 500 Energy Sector Index ended the day at 727.23, up 0.62%, and the index has advanced 6.45% in the last one month. Investor-Edge has initiated coverage on the following equities: Northern Oil and Gas Inc. (NYSE MKT: NOG), Concho Resources Inc. (NYSE: CXO), Bill Barrett Corp. (NYSE: BBG) and BreitBurn Energy Partners L.P. (NASDAQ: BBEP). Free technical research on NOG, CXO, BBG and BBEP can be downloaded upon signing up at:

http://www.investor-edge.com/4014-register

On Thursday, Northern Oil and Gas Inc.'s stock recorded a trading volume of 0.75 million shares, close to its three months average volume of 0.77 million shares. The stock finished the day at an intra-day high of $17.09, up 1.67%, and registered an intraday range of $16.73 and $17.09. Northern Oil and Gas Inc.'s shares have advanced 4.21% in the past three trading sessions and 14.09% in the last one month. Also, the stock has rallied 13.40% on YTD basis. Furthermore, the company's stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $15.11 is above its 200-day moving average of $14.99. Additionally, shares of the company traded at a PE ratio of 17.88 and have a Relative Strength Index (RSI) of 76.59. Sign up today to read free research on NOG at:

http://www.investor-edge.com/4014-NOG-20Jun2014.pdf

Concho Resources Inc.'s stock gained 0.83%, to close Thursday's session at $140.46, after oscillating between $138.26 and $140.47. The stock recorded a trading volume of 0.72 million shares, below its three months average volume of 1.10 million shares. Over the last one month and previous three months, Concho Resources Inc.'s shares have surged 7.57% and 20.00%, respectively. Also, from the beginning of 2014, the company's stock has gained 30.06%. The stock is trading above its 50-day and 200-day moving averages. The company stock's 50-day moving average of $132.12 is above its 200-day moving average of $114.70. Further, the company's stock traded at a PE ratio of 31.62 and has an RSI of 61.81. Sign up today to read free research on CXO at:

http://www.investor-edge.com/4014-CXO-20Jun2014.pdf

On Thursday, Bill Barrett Corp.'s stock finished the session 1.12% lower at $28.28. A total of 1.23 million shares were traded, which was above its three months average volume of 1.10 million shares. The stock moved between $27.78 and $28.31 during the session. Over the last one month and past three months, Bill Barrett Corp.'s shares have rallied 11.96% and 9.95%, respectively. Also, the stock has gone up 5.60% since the start of this year. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $25.83 is greater than its 50-day moving average of $25.17. Bill Barrett Corp.'s stock traded at a PE ratio of 98.56 and has an RSI of 71.11. Sign up today to read free research on BBG at:

http://www.investor-edge.com/4014-BBG-20Jun2014.pdf

Shares in BreitBurn Energy Partners L.P. fluctuated between $21.95 and $22.08 before ending Thursday's session up 0.09%, at $22.02. The company's stock reported a trading volume of 0.37 million shares, below its three months average volume of 0.55 million shares. Further, shares of BreitBurn Energy Partners L.P. have advanced 6.43% over the last one month and 9.44% over the past three months. Also, the stock has surged 8.26% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $20.73 is greater than its 200-day moving average of $19.78. Moreover, shares of the company traded at a PE ratio of 46.85 and have an RSI of 67.54. Sign up today to read free research on BBEP at:

http://www.investor-edge.com/4014-BBEP-20Jun2014.pdf

EDITOR'S NOTES:

===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

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