Stock Review for Independent Oil & Gas Investors -- SM Energy, Southwestern Energy, Ultra Petroleum, and WPX Energy

NEW YORK, March 15, 2018 /PRNewswire/ --

WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on SM, SWN, UPL, and WPX which can be accessed for free by signing up to www.wallstequities.com/registration. Today, WallStEquities.com features the following stocks: SM Energy Co. (NYSE: SM), Southwestern Energy Co. (NYSE: SWN), Ultra Petroleum Corp. (NASDAQ: UPL), and WPX Energy Inc. (NYSE: WPX). These companies are part of the Independent Oil and Gas space, which explores for and produces oil and gas. It typically does not own refining, processing, or marketing assets to prepare that oil and gas and then sell the product directly to end users. All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration

SM Energy

On Wednesday, shares in Denver, Colorado headquartered SM Energy Co. recorded a trading volume of 3.08 million shares. The stock ended the day at $17.90, declining 2.08% from the last trading session. The Company's shares are trading below their 200-day moving average by 5.10%. Furthermore, shares of SM Energy, which engages in the acquisition, exploration, development, and production of crude oil and condensate, natural gas, and natural gas liquids in onshore North America, have a Relative Strength Index (RSI) of 33.97.

On February 21^st, 2018, SM Energy announced its fourth-quarter and full-year 2017 results. For Q4 2017, net production totaled 10.4 MMBoe, net loss was $(26.3) million, and adjusted EBITDAX was $174.0 million. For the full year, net production totaled 44.5 MMBoe, net loss was $(160.8) million, adjusted EBITDAX was $664.7 million, and proved reserves increased to 468 MMBoe.

On February 23^rd, 2018, research firm B. Riley FBR, Inc. reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $36 a share to $28 a share. Get the full research report on SM for free by clicking below at: www.wallstequities.com/registration/?symbol=SM

Southwestern Energy

Spring, Texas-based Southwestern Energy Co.'s stock saw a decline of 1.99%, finishing yesterday's session at $4.43 with a total trading volume of 13.95 million shares. The Company's shares have gained 21.37% in the last month. The stock is trading below its 50-day moving average by 2.39%. Additionally, shares of Southwestern Energy have an RSI of 54.98.

On March 01^st, 2018, Southwestern Energy announced its results for the quarter and year ended December 31^st, 2017. For Q4 2017, net cash provided by operating activities was $308 million, net income attributable to common stock was $267 million, and total net production was 239 Bcfe. For the full year, net cash provided by operating activities was $1,097 million, net income attributable to common stock was $815 million, and total net production was 897 Bcfe.

On March 05^th, 2018, research firm B. Riley FBR, Inc. reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $5.85 a share to $7.85 a share. Get access to our top-rated research, including the free report on SWN at: www.wallstequities.com/registration/?symbol=SWN

Ultra Petroleum

Shares in Houston, Texas headquartered Ultra Petroleum Corp. ended the session 11.58% lower at $4.43. The stock recorded a trading volume of 7.03 million shares, which was above its three months average volume of 4.01 million shares. The Company's shares are trading 29.50% below their 50-day moving average. Moreover, shares of Ultra Petroleum, which engages in the acquisition, exploration, development, operation, and production of oil and natural gas properties, have an RSI of 42.86.  

On March 12^th, 2018, Ultra Petroleum announced that its Warbonnet (WB) 9-23 A-2H well achieved a 24-hour initial production rate of 54.5 million cubic feet equivalent per day on March 03^rd, 2018. The WB 9-23 A-2H is the Company's second two-mile horizontal well targeting the Lower Lance A interval. Initial production included a gas rate of 49.2 million cubic feet per day and an oil rate of 873 barrels per day. Click here to subscribe for a free membership which welcomes you with our report on UPL at: www.wallstequities.com/registration/?symbol=UPL

WPX Energy

On Wednesday, Tulsa, Oklahoma headquartered WPX Energy Inc.'s stock rose slightly by 0.07%, finishing at $14.32. A total volume of 4.71 million shares was traded. The Company's shares have gained 6.47% in the last month, 10.58% over the previous three months, and 19.23% over the past year. The stock is trading 21.12% above its 200-day moving average. Additionally, shares of WPX Energy have an RSI of 49.52. 

On February 20^th, 2018, WPX Energy's Board of Directors has approved a quarterly dividend of $0.78125 per share to holders of the Company's 6.25% Series A Mandatory Convertible Preferred Stock. The dividend is payable as of April 30^th, 2018, to holders of record of the preferred stock on April 13^th, 2018. To get free access to your research report on WPX, sign up at: www.wallstequities.com/registration/?symbol=WPX

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