Technical Coverage on Independent Oil and Gas Stocks -- EOG Resources, Linn Energy, Baytex Energy, Rice Energy, and EQT Corp.
NEW YORK, September 28, 2015 /PRNewswire/ --
Equity Research Institute has initiated coverage on the following equities: EOG Resources Inc. (NYSE: EOG), Linn Energy LLC (NASDAQ: LINE), Baytex Energy Corporation (NYSE: BTE), Rice Energy Inc. (NYSE: RICE), and EQT Corporation (NYSE: EQT). Free research report on EOG Resources can be accessed at https://www.erionline.net/EOG.pdf On Friday, September 25, 2015, the NASDAQ Composite ended at 4,686.50, down 1.01%, the Dow Jones Industrial Average advanced 0.70%, to finish the day at 16,314.67, and the S&P 500 closed at 1,931.34, down 0.05%. The losses were broad based as six out of nine sectors ended the session in negative. Register for your complimentary reports at the links given below.
EOG Resources Inc.'s stock edged 0.64% lower, to close Friday's session at $72.79. The stock recorded a trading volume of 3.89 million shares, below its three months average volume of 5.54 million shares. Over the previous three months and since the beginning of 2015, EOG Resources Inc.'s shares have plummeted 17.18% and 20.49%, respectively. However, the stock has gained 2.54% in the last one month. The company is trading 5.16% and 16.50% below its 50-day and 200-day moving averages, respectively. Furthermore, EOG Resources Inc.'s stock traded at a PE ratio of 28.88 and has a Relative Strength Index (RSI) of 40.15. Sign up and read the free notes on EOG at:
https://www.erionline.net/EOG.pdf
Linn Energy LLC's stock finished Friday's session 4.71% lower at $2.83. A total of 2.79 million shares were traded, which was below its three months average volume of 5.15 million shares. Over the previous three months and since the beginning of 2015, Linn Energy LLC's shares have plummeted 69.00% and 68.34%, respectively. However, the stock has surged 38.00% in the last one month. The company's shares are trading below their 50-day and 200-day moving averages by 22.20% and 67.28%, respectively. Linn Energy LLC's stock has an RSI of 36.85. The complimentary notes on LINE can be downloaded in PDF format at:
https://www.erionline.net/LINE.pdf
On Friday, shares in Baytex Energy Corp. ended the session 7.56% lower at $3.18. The stock reported a trading volume of 1.84 million shares, above its three months average volume of 1.64 million shares. Baytex Energy Corp.'s shares have plummeted 26.90% in the last one month, 80.09% in the previous three months and 79.92% on YTD basis. The company is trading 52.29% below its 50-day moving average and 76.61% below its 200-day moving average. Moreover, shares of Baytex Energy Corp. have an RSI of 23.59. Register for free on Equity Research Institute and access the latest research on BTE at:
https://www.erionline.net/BTE.pdf
Rice Energy Inc.'s stock lost 2.52%, to close the day at $17.81. The stock recorded a trading volume of 1.19 million shares, below its three months average volume of 1.56 million shares. Over the previous three months and since the start of this year, Rice Energy Inc.'s shares have declined 16.15% and 15.07%, respectively. However, the stock has advanced 0.45% in the last one month. The company's shares are trading 6.92% below their 50-day moving average. Additionally, Rice Energy Inc. traded at a PE ratio of 63.61 and has an RSI of 39.36. The complete research on RICE is available for free at:
https://www.erionline.net/RICE.pdf
On Friday, shares in EQT Corp. recorded a trading volume of 1.54 million shares, close to their three months average volume of 1.52 million shares. The stock ended the day 1.27% lower at $70.01. Shares of the company traded at a PE ratio of 40.47. EQT Corp.'s stock has lost 5.82% in the last one month, 14.58% in the previous three months and 7.42% on YTD basis. The company is trading below its 50-day and 200-day moving averages by 6.59% and 12.21%, respectively. Furthermore, shares of EQT Corp. have an RSI of 34.66. Free in-depth research on EQT is available at:
https://www.erionline.net/EQT.pdf
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