Stock Watchout on Oil and Gas Exploration and Production Industry -- SandRidge Energy, California Resources, Canadian Natural Resources, EXCO Resources, and Kosmos Energy
LONDON, March 20, 2015 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Investor-Edge has initiated coverage on the following equities: SandRidge Energy Inc. (NYSE: SD), California Resources Corporation (NYSE: CRC), Canadian Natural Resources Ltd (NYSE: CNQ), EXCO Resources Inc. (NYSE: XCO), and Kosmos Energy Ltd (NYSE: KOS). Free research report on SandRidge Energy can be accessed at http://get.Investor-Edge.com/pdf/?c=SandRidge%20Energy&d=20-Mar-2015&s=SD. The US markets on Thursday, March 19, 2015, ended on a mixed note as the Dow Jones Industrial Average finished at 17,959.03, down 0.65% and the NASDAQ Composite closed at 4,992.38, up 0.19%. The S&P 500 finished the session 0.49% lower at 2,089.27. During the trading session, nine out of ten sectors finished on a lower note. The S&P 500 Energy Sector Index ended the day at 555.68, down 1.69%, with the index declining 6.90% in the previous three months. Register for your complimentary reports at the links given below.
SandRidge Energy Inc.'s stock plummeted 5.99%, to close the day at $1.57. The stock recorded a trading volume of 10.77 million shares, below its three months average volume of 16.49 million shares. The company's shares oscillated between $1.56 and $1.69 during the session. Over the last one month and over the past three months, SandRidge Energy Inc.'s shares have declined 33.76% and 22.28%, respectively. However, the stock has advanced 0.64% in the previous three trading sessions. The stock is trading below its 50-day and 200-day moving averages. SandRidge Energy Inc.'s 200-day moving average of $3.97 is above its 50-day moving average of $1.67. Additionally, the stock traded at a PE ratio of 4.49 and has a Relative Strength Index (RSI) of 46.87. Sign up and read the free notes on SD at:
http://get.Investor-Edge.com/pdf/?c=SandRidge%20Energy&d=20-Mar-2015&s=SD
On Thursday, shares in California Resources Corp. recorded a trading volume of 6.87 million shares, lower than its three months average volume of 7.76 million shares. The stock ended the day at $7.00, which was 1.13% below its previous day's closing of $7.08, and registered an intraday range of $6.60 and $7.05. California Resources Corp.'s shares have gained 4.48% in the previous three trading sessions, 4.48% in the last one month, and 12.72% in the past three months. The stock is trading above its 50-day moving average of $5.93. Furthermore, shares of California Resources Corp. have an RSI of 55.78. The complimentary notes on CRC can be downloaded as in PDF format at:
http://get.Investor-Edge.com/pdf/?c=California%20Resources&d=20-Mar-2015&s=CRC
Shares in Canadian Natural Resources Ltd declined 4.36% to end Thursday's session at $28.74. The stock recorded a trading volume of 3.67 million shares, below its three months average volume of 4.14 million shares. The company's shares fluctuated between $28.67 and $29.52 during the session. Shares of the company traded at a PE ratio of 10.15. Canadian Natural Resources Ltd's shares have lost 9.19% in the past three months. Further, the stock has fallen by 1.14% in the previous three trading sessions and 5.62% over the last one month. The company's shares are trading below their 50-day and 200-day moving averages. Canadian Natural Resources Ltd's 200-day moving average of $36.51 is above its 50-day moving average of $29.45. Additionally, the stock has an RSI of 53.12. Register for free on Investor-Edge and access the latest research on CNQ at:
http://get.Investor-Edge.com/pdf/?c=Canadian%20Natural%20Resources&d=20-Mar-2015&s=CNQ
On Thursday, shares in EXCO Resources Inc. fluctuated between $1.48 and $1.61 before ending the session 9.09% lower at $1.50. The stock reported a trading volume of 3.10 million shares, lower than its three months average volume of 3.48 million shares. Shares of the company traded at a PE ratio of 5.67. EXCO Resources Inc.'s stock has declined 4.46% in the previous three trading sessions, 33.04% in the last one month, and 42.75% in the past three months. The stock is trading below its 50-day and 200-day moving averages of $2.01 and $3.46, respectively. Moreover, shares of EXCO Resources Inc. have an RSI of 39.67. The complete research on XCO is available for free at:
http://get.Investor-Edge.com/pdf/?c=EXCO%20Resources&d=20-Mar-2015&s=XCO
Kosmos Energy Ltd's stock finished Thursday's session 0.24% lower at $8.35. A total of 0.95 million shares were traded, which was below its three months average volume of 1.84 million shares. The stock vacillated between $8.14 and $8.39 during the session. Over the previous three trading sessions and over the past three months, Kosmos Energy Ltd's shares have gained 3.60% and 0.60%, respectively. However, over the last one month, the stock has fallen by 5.11%. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $9.33 is greater than its 50-day moving average of $8.45. Kosmos Energy Ltd's stock traded at a PE ratio of 36.45 and has an RSI of 49.56. Free in depth research on KOS is available at:
http://get.Investor-Edge.com/pdf/?c=Kosmos%20Energy&d=20-Mar-2015&s=KOS
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