Technical Roundup on Independent Oil & Gas Stocks -- VAALCO Energy, Comstock Resources, Legacy Reserves, and National Fuel Gas
NEW YORK, March 10, 2017 /PRNewswire/ --
Stock-Callers.com has lined up VAALCO Energy Inc. (NYSE: EGY), Comstock Resources Inc. (NYSE: CRK), Legacy Reserves L.P. (NASDAQ: LGCY), and National Fuel Gas Co. (NYSE: NFG) to see how current oil prices have influenced the performances of each of these stocks. These Independent Oil and Gas companies are basically entities that only explore for and produce oil and gas. These firms typically do not own refining, processing, or marketing assets to prepare oil and gas, as well as sell the product directly to end users. Sign up today and download for free the research reports for the stocks covered today at:
http://stock-callers.com/registration
VAALCO Energy
Houston, Texas headquartered VAALCO Energy Inc.'s stock finished Thursday's session 0.94% lower at $1.05. A total volume of 611,661 shares was traded, which was above their three months average volume of 567,050 shares. The Company's shares have advanced 18.24% in the previous three months and 0.96% since the start of this year. The stock is trading 5.46% above its 200-day moving average. Additionally, shares of VAALCO Energy, which acquires, explores for, develops, and produces crude oil and natural gas in the US, have a Relative Strength Index (RSI) of 37.83.
On March 08th, 2017, VAALCO announced that it will issue its fourth quarter and full year 2016 earnings release on March 13th, 2017, after the close of trading and host a conference call to discuss these results on March 14th, 2017 at 8:00 a.m. CT. EGY complete research report is just a click away at:
http://stock-callers.com/registration/?symbol=EGY
Comstock Resources
On Thursday, shares in Frisco, Texas headquartered Comstock Resources Inc. recorded a trading volume of 1.23 million shares, which was higher than their three months average volume of 519,460 shares. The stock ended the session 7.94% higher at $8.84. The Company's shares are trading above their 200-day moving average by 15.38%. Moreover, shares of Comstock Resources, which acquires, develops, explores, and produces oil and natural gas properties in the US, has an RSI of 39.56.
On February 24th, 2017, Comstock announced that its production in Q4 2016 was 14 Bcfe or 153 MMcfe per day, which was comprised of 3,217 barrels of oil and 133 million cubic feet ("MMcf") of natural gas. The Company`s average realized oil price increased by 27% to $45.96 per barrel in Q4 2016 compared to $36.26 per barrel in Q4 2015. For Q4 2016, Comstock reported a net loss of $54.9 million, or $4.48 per share, compared to a net loss of $288.5 million, or $31.26 per share, for Q4 2015. The complimentary report on CRK can be downloaded at:
http://stock-callers.com/registration/?symbol=CRK
Legacy Reserves
Midland, Texas headquartered Legacy Reserves L.P.'s shares closed the day 0.92% lower at $2.16. The stock recorded a trading volume of 307,924 shares. The Company's shares have gained 1.89% on an YTD basis. The stock is trading 12.61% above its 200-day moving average. Additionally, shares of Legacy Reserves, which acquires and develops oil and natural gas properties primarily in the Permian Basin, East Texas, Rocky Mountain, and Mid-Continent regions of the US, have an RSI of 43.60.
On March 07th, 2017, Legacy Reserves announced that it has completed the 2016 tax packages for unit-holders of LGCY, LGCYP, and LGCYO including Schedules K-1. Schedules K-1 for LGCYP and LGCYO each reflect $0.166667 of income for each month such security was owned in 2016 ($2.00 in total assuming a full year of ownership). Sign up for your complimentary report on LGCY at:
http://stock-callers.com/registration/?symbol=LGCY
National Fuel Gas
Shares in Williamsville, New York-based National Fuel Gas Co. finished 0.70% higher at $60.36. The stock recorded a trading volume of 369,565 shares. The Company's shares have advanced 3.46% in the last one month, 7.40% in the previous three months, and 6.57% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 3.66% and 8.37%, respectively. Furthermore, shares of National Fuel Gas, which operates as a diversified energy company, have an RSI of 61.14.
On March 09th, 2017, National Fuel's Board of Directors approved payment of a regular quarterly dividend of $0.41 per share on the Company's common stock. The dividend is payable April 14th, 2017, to shareholders of record at the close of business on March 31st, 2017. At the Annual Meeting of Stockholders, held on the same day, the Company announced preliminary results of the shareholder vote on five proposals. Approved were the election of Rebecca Ranich, Jeffrey W. Shaw, Thomas E. Skains, and Ronald J. Tanski as directors for terms to expire in 2020; advisory approval of named executive officer compensation; reapproval of the 2012 Annual At Risk Compensation Incentive Plan; and ratification of the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm. Download the research report for free on NFG at:
http://stock-callers.com/registration/?symbol=NFG
Stock Callers:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected] . Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
http://stock-callers.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: +44-330-808-3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA
Share this article