Oil, Gas and Consumable Fuels Stocks Technical Data -- Research on Cobalt Intl., Ultra Petroleum, WPX Energy, and Penn Virginia

LONDON, June 2, 2014 /PRNewswire/ --

On Friday, May 30, 2014, the NASDAQ Composite ended at 4,242.62, down 0.13%, the Dow Jones Industrial Average advanced 0.11%, to finish the day at 16,717.17, and the S&P 500 closed at 1,923.57, up 0.18%. The session saw a positive impact from Utilities, Consumer Staples, and Telecommunication Services sectors along with a drag from Energy and Materials sectors. The S&P 500 Energy Sector Index ended the day at 693.46, down 0.12%, whereas the index has gained 8.63% in the previous three months. Investor-Edge has initiated coverage on the following equities: Cobalt International Energy Inc. (NYSE: CIE), Ultra Petroleum Corp. (NYSE: UPL), WPX Energy Inc. (NYSE: WPX) and Penn Virginia Corp. (NYSE: PVA). Free technical research on CIE, UPL, WPX and PVA can be downloaded upon signing up at:

http://www.investor-edge.com/3288-register

On Friday, shares in Cobalt International Energy Inc. fluctuated between $18.13 and $18.52 before ending the session 0.65% higher at $18.49. The stock reported a trading volume of 3.50 million shares, above its three months average volume of 2.72 million shares. Cobalt International Energy Inc.'s shares have advanced 1.82% in the previous three trading sessions, 2.72% in the last one month, and 12.40% on YTD basis. The stock is trading above its 50-day moving average of $18.10, while the 50-day moving average is below its 200-day moving average of $19.93. Moreover, shares of Cobalt International Energy Inc. have a Relative Strength Index (RSI) of 58.76. Sign up today to read free research on CIE at:

http://www.investor-edge.com/3288-CIE-02Jun2014.pdf

Ultra Petroleum Corp.'s stock edged 0.73% lower, to close the day at $27.02. The stock recorded a trading volume of 1.66 million shares, much below its three months average volume of 3.15 million shares. The stock oscillated between $26.73 and $27.22 during the session. Over the last three trading sessions and over the past three months, Ultra Petroleum Corp.'s shares have advanced 1.66% and 7.39%, respectively. Further, the stock has gained 24.80% since the start of this year. The stock is trading above its 200-day moving average. Ultra Petroleum Corp.'s 50-day moving average of $27.92 is above its 200-day moving average of $23.19. Additionally, the stock traded at a PE ratio of 13.08 and has an RSI of 44.66. Sign up today to read free research on UPL at:

http://www.investor-edge.com/3288-UPL-02Jun2014.pdf

On Friday, shares in WPX Energy Inc. recorded a trading volume of 3.08 million shares, lower than its three months average volume of 3.99 million shares. The stock ended the day at $21.18, which was 0.66% below its previous day's closing of $21.32, and registered an intraday range of $21.06 and $21.49. Although WPX Energy Inc.'s stock has lost 0.47% in the last one month, it has advanced 0.52% in the previous three trading sessions and 3.93% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $20.26 and $19.51, respectively. Furthermore, shares of WPX Energy Inc. have an RSI of 52.43. Sign up today to read free research on WPX at:

http://www.investor-edge.com/3288-WPX-02Jun2014.pdf

Penn Virginia Corp.'s stock finished the Friday's session 7.89% lower at $15.18. A total of 8.70 million shares were traded, which was much above its three months average volume of 2.96 million shares. The stock vacillated between $13.95 and $16.52 during the session. Over the previous three trading sessions and over the last one month, Penn Virginia Corp.'s shares have lost 3.98% and 8.77%, respectively. However, since the beginning of 2014, the company's stock has gained an upside of 60.98%. The company's shares are trading above their 200-day moving average. Moreover, the stock's 50-day moving average of $16.30 is greater than its 200-day moving average of $11.27. Penn Virginia Corp.'s stock has an RSI of 45.16. Sign up today to read free research on PVA at:

http://www.investor-edge.com/3288-PVA-02Jun2014.pdf


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