Stock Watchout on Oil, Gas and Consumable Fuels Industry -- Research on Petroleo Brasileiro, Cenovus Energy, Samson Oil and Gas, and Magnum Hunter Resources

LONDON, June 19, 2014 /PRNewswire/ --

On Wednesday, June 18, 2014, the NASDAQ Composite ended at 4,362.84, up 0.59%, the Dow Jones Industrial Average advanced 0.58%, to finish the day at 16,906.62, and the S&P 500 closed at 1,956.98, up 0.77%. The gains were broad based as all the sectors ended the session in positive. The S&P 500 Energy Sector Index ended the day at 722.75, up 0.75%, and the index has surged 13.30% in the last three months. Investor-Edge has initiated coverage on the following equities: Petroleo Brasileiro S.A. (NYSE: PBR-A), Cenovus Energy Inc. (NYSE: CVE), Samson Oil & Gas Ltd (NYSE MKT: SSN) and Magnum Hunter Resources Corp. (NYSE: MHR). Free technical research on PBR-A, CVE, SSN and MHR can be downloaded upon signing up at:

http://www.investor-edge.com/3963-register

On Wednesday, shares in Petroleo Brasileiro S.A. fluctuated between $16.20 and $17.02 before ending the session 3.35% higher at $16.99. Petroleo Brasileiro S.A.'s stock reported a trading volume of 9.60 million shares, below its three months average volume of 10.76 million shares. Petroleo Brasileiro S.A.'s shares have surged 4.11% in the last one month, 54.31% in the previous three months and 15.66% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $15.42 and $14.86, respectively. Moreover, shares of the company have a Relative Strength Index (RSI) of 57.29. Sign up today to read free research on PBR-A at:

http://www.investor-edge.com/3963-PBR-A-19Jun2014.pdf

Cenovus Energy Inc.'s stock edged 0.03% higher, to close the day at $31.30. The stock recorded a trading volume of 0.96 million shares, close to its three months average volume of 0.94 million shares. The stock oscillated between $31.11 and $31.41 during the session. Over the last one month and over the past three months, Cenovus Energy Inc.'s shares have gained 8.19% and 17.01%, respectively. Additionally, the stock has advanced 9.25% since the start of this year. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $29.44 is greater than its 200-day moving average of $28.53. Additionally, the stock has an RSI of 69.69. Sign up today to read free research on CVE at:

http://www.investor-edge.com/3963-CVE-19Jun2014.pdf

On Wednesday, shares in Samson Oil & Gas Ltd recorded a trading volume of 0.98 million shares, lower than its three months average volume of 1.05 million shares. The stock ended the day at $0.43, which was 4.98% below its previous day's closing of $0.45, and registered an intraday range of $0.43 and $0.46. Samson Oil & Gas Ltd's shares have gained 3.04% in the previous three trading sessions and 34.97% in the last one month. Additionally, the company's stock has gained 3.04% since the beginning of this year. The stock is trading above its 50-day moving average of $0.37, while the 50-day moving average is below Samson Oil & Gas Ltd's 200-day moving average of $0.45. Furthermore, shares of the company have an RSI of 74.93. Sign up today to read free research on SSN at:

http://www.investor-edge.com/3963-SSN-19Jun2014.pdf

Magnum Hunter Resources Corp.'s stock finished the Wednesday's session 0.48% lower at $8.21. A total of 3.39 million shares were traded, which was below its three months average volume of 4.14 million shares. The stock moved between $8.17 and $8.30 during the session. Over the last one month and the previous three months, Magnum Hunter Resources Corp.'s shares have surged 13.40% and 6.49%, respectively. Additionally, from the beginning of 2014, the company's stock has gained an upside of 12.31%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $8.09 is greater than its 200-day moving average of $7.48. Magnum Hunter Resources Corp.'s stock has an RSI of 53.63. Sign up today to read free research on MHR at:

http://www.investor-edge.com/3963-MHR-19Jun2014.pdf


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EDITOR'S NOTES:
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