Pre-Market Technical Pulse on Independent Oil & Gas Stocks -- Zion Oil & Gas, Extraction Oil & Gas, PDC Energy, and Ultra Petroleum
NEW YORK, September 18, 2017 /PRNewswire/ --
If you want a Stock Review on ZN, XOG, PDCE, or UPL then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. On Friday, September 15th, 2017, Reuters reported that the Organization of the Petroleum Exporting Countries last week forecast higher demand for its oil in 2018 and pointed to signs of a tighter global market, indicating that its deal with non-OPEC states to cut output is helping tackle a glut. That was followed by a report from the International Energy Agency saying the glut was shrinking, thanks to strong European and US demand, as well as production declines in OPEC and non-OPEC countries. Pre-market today, DailyStockTracker.com directs investors' attention to four Independent Oil and Gas companies to see how current market conditions have influenced their most recent performance. They are Zion Oil & Gas Inc. (NASDAQ: ZN), Extraction Oil & Gas Inc. (NASDAQ: XOG), PDC Energy Inc. (NASDAQ: PDCE), and Ultra Petroleum Corp. (NASDAQ: UPL). Sign up today on DailyStockTracker.com and download our free research reports on these featured stocks at:
http://dailystocktracker.com/register/
Zion Oil & Gas
Last Friday, shares in Dallas, Texas headquartered Zion Oil & Gas Inc. ended the session 0.29% lower at $3.49. The stock recorded a trading volume of 351,103 shares. The Company's shares have surged 22.89% in the last one month, 67.79% over the previous three months, and 154.74% on an YTD basis. The stock is trading above its 200-day moving average by 69.95%. Furthermore, shares of Zion Oil & Gas, which engages in the exploration of oil and gas properties in Israel, have a Relative Strength Index (RSI) of 49.75.
On August 22nd, 2017, Zion Oil & Gas announced that it is making preparations to obtain wireline logs and case the next well interval at a depth of approximately 2,000 meters (6,560 feet). Victor Carrillo, CEO; Dustin Guinn, President; and Dr. Lee Russell, Senior Geoscience Advisor and Board Director arrived in Israel that week to be on site for upcoming operations at the Company's Megiddo-Jezreel #1 well. ZN complete research report is just a click away at:
http://dailystocktracker.com/registration/?symbol=ZN
Extraction Oil & Gas
Extraction Oil & Gas Inc.'s stock finished 0.15% higher at $13.79. A total volume of 4.20 million shares was traded, which was above their three months average volume of 1.43 million shares. The Company's shares have gained 17.66% in the last one month and 5.19% in the previous three months. The stock is trading above its 50-day moving average by 10.86%. Moreover, shares of the Company, which focuses on the acquisition, development and production of oil, natural gas and natural gas liquids reserves in the Rocky Mountains, primarily in the Wattenberg Field of the Denver-Julesburg Basin of Colorado, have an RSI of 63.70. The complimentary report on XOG can be downloaded at:
http://dailystocktracker.com/registration/?symbol=XOG
PDC Energy
Shares in Denver, Colorado headquartered PDC Energy Inc. closed the day 0.48% higher at $43.80. The stock recorded a trading volume of 2.85 million shares, which was above its three months average volume of 1.19 million shares. The Company's shares have gained 12.71% in the last month. The stock is trading above its 50-day moving average by 3.98%. Moreover, shares of PDC Energy, which acquires, explores for, develops, and produces crude oil, natural gas, and natural gas liquids in the US, have an RSI of 63.42. Sign up for your complimentary report on PDCE at:
http://dailystocktracker.com/registration/?symbol=PDCE
Ultra Petroleum
Houston, Texas headquartered Ultra Petroleum Corp.'s shares recorded a trading volume of 8.98 million shares last Friday, which was above their three months average volume of 2.96 million shares. The stock closed 2.10% lower at $8.84. The Company's shares have advanced 7.28% in the past month. The stock is trading 3.54% below its 50-day moving average. Additionally, shares of Ultra Petroleum, which engages in the acquisition, exploration, development, operation, and production of oil and natural gas properties, have an RSI of 54.15.
On August 29th, 2017, research firm KLR Group initiated a 'Buy' rating on the Company's stock, with a target price of $14 per share. Download the research report for free on UPL at:
http://dailystocktracker.com/registration/?symbol=UPL
Daily Stock Tracker:
Daily Stock Tracker (DST) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. DST has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
DST has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by DST. DST is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
DST, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. DST, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, DST, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither DST nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
http://dailystocktracker.com/disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: (207)331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE dailystocktracker.com
Share this article