Stock Review for Independent Oil & Gas' Investors -- Gastar Exploration, Gran Tierra Energy, Approach Resources, and Marathon Oil

NEW YORK, Nov. 29, 2017 /PRNewswire/ --

In keeping with the commitment to dynamically provide members with timely information WallStEquities.com has issued free tailored Stock Review on GST, GTE, AREX, and MRO which is a click away at www.wallstequities.com/registration. For today, WallStEquities.com scans Gastar Exploration Inc. (NYSE AMER: GST), Gran Tierra Energy Inc. (NYSE AMER: GTE), Approach Resources Inc. (NASDAQ: AREX), and Marathon Oil Corp. (NYSE: MRO). Independent Oil and Gas companies are exclusively engaged in the exploration and production segment of the industry, with no downstream marketing or refining within their operations. Sign up today for free and learn why our members refer to our research coverage as the 'best out there':

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Gastar Exploration

On Tuesday, shares in Houston, Texas-based Gastar Exploration Inc. recorded a trading volume of 809,229 shares. The stock ended the day at $0.83, declining 1.38% from the last trading session. The Company's shares have advanced 10.84% in the past month and 44.38% in the previous three months. The stock is trading above its 50-day moving average by 4.72%. Furthermore, shares of Gastar Exploration, which engages in the exploration, development, and production of oil, condensate, natural gas, and natural gas liquids in the US, have a Relative Strength Index (RSI) of 50.24.

On November 08^th, 2017, Gastar Exploration reported its results for the three months ended September 30^th, 2017. Average daily production for Q3 2017 was 6,200 barrels of oil equivalent per day (Boe/d), net loss was $15.9 million, adjusted EBITDA was $10.4 million, and total Company revenues were $15.3 million. At September 30^th, 2017, the Company had approximately $29.2 million in available cash and cash equivalents and $412.5 million of principal balance long-term borrowings outstanding. Signing up now gives you access to the free research coverage on GST at: www.wallstequities.com/registration/?symbol=GST

Gran Tierra Energy

Calgary, Canada headquartered Gran Tierra Energy Inc.'s stock rose 1.46%, finishing yesterday's session at $2.08 with a total trading volume of 1.21 million shares. The Company's shares have gained 5.58% over the previous three months. The stock is trading below its 50-day moving average by 4.12%. Additionally, shares of the Company have an RSI of 42.32.

On November 09^th, 2017, Gran Tierra Energy announced that the Company and its indirect wholly owned subsidiary, Gran Tierra Energy International Holdings Ltd. ("GTEIH"), have entered into a share purchase agreement with PetroTal Ltd. and Sterling Resources Ltd., pursuant to which GTEIH has agreed to sell all of the issued and outstanding shares of its wholly owned subsidiary, Gran Tierra Energy International Peru Holdings B.V., subject to the satisfaction of certain conditions. Get access to our top-rated research, including the free report on GTE at: www.wallstequities.com/registration/?symbol=GTE

Approach Resources

Shares in Fort Worth, Texas headquartered Approach Resources Inc. ended the session 1.35% higher at $2.26. The stock recorded a trading volume of 120,907 shares. The Company's shares are trading 6.64% below their 50-day moving average. Moreover, shares of Approach Resources have an RSI of 41.76.  

On November 01^st, 2017, Approach Resources reported Q3 2017 results. Production for Q3 2017 totaled 1,061 Mboe, net loss was $8.5 million, and lease operating expenses averaged $4.16 per Boe. EBITDAX for the quarter was $13.8 million and revenues were $25.6 million. At September 30^th, 2017, the Company had a $1 billion revolving credit facility in place, with a borrowing base and lender commitment amount of $325 million and liquidity of $32.7 million. Click here to subscribe for a free membership which welcomes you with our report on AREX at: www.wallstequities.com/registration/?symbol=AREX

Marathon Oil

At the closing bell on Tuesday, Houston, Texas headquartered Marathon Oil Corp.'s stock climbed 0.55%, finishing at $14.56. A total volume of 10.25 million shares was traded. The Company's shares have gained 5.43% in the last month and 33.82% over the previous three months. The stock is trading 3.13% and 6.22% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Marathon Oil, which operates as an energy company, have an RSI of 48.20. 

On November 01^st, 2017, Marathon Oil reported its Q3 2017 results. Net loss for the quarter was $599 million, net operating cash flow was $564 million, and total Company production excluding Libya averaged 371,000 net boe/d. Total liquidity as of September 30^th, 2017, was $5.2 billion, which consists of $1.8 billion in cash and cash equivalents and an undrawn revolving credit facility of $3.4 billion. 

On November 10^th, 2017, research firm Citigroup downgraded the Company's stock rating from 'Buy' to 'Neutral'. To get free access to your research report on MRO, sign up at: www.wallstequities.com/registration/?symbol=MRO

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