Technical Snapshot on Independent Oil and Gas Stocks -- Occidental Petroleum, Penn Virginia, Gulfport Energy, SM Energy, and Goodrich Petroleum
NEW YORK, September 29, 2015 /PRNewswire/ --
Equity Research Institute has initiated coverage on the following equities: Occidental Petroleum Corporation (NYSE: OXY), Penn Virginia Corporation (NYSE: PVA), Gulfport Energy Corporation (NASDAQ: GPOR), SM Energy Company (NYSE: SM), and Goodrich Petroleum Corporation (NYSE: GDP). Free research report on Occidental Petroleum can be accessed at https://www.erionline.net/OXY.pdf On Monday, September 28, 2015, the NASDAQ Composite ended at 4,543.97, down 3.04%, the Dow Jones Industrial Average declined 1.92%, to finish the day at 16,001.89, and the S&P 500 closed at 1,881.77, down 2.57%. The losses were broad based as all the sectors ended the session in negative. Register for your complimentary reports at the links given below.
Occidental Petroleum Corp.'s stock declined 3.75%, to close Monday's session at $63.64. The stock recorded a trading volume of 4.79 million shares, below its three months average volume of 5.05 million shares. Over the last one month and the previous three months, Occidental Petroleum Corp.'s shares have lost 8.83% and 16.85%, respectively. Additionally, the stock has plummeted 18.67% since the start of this year. The company is trading 7.57% and 14.20% below its 50-day and 200-day moving averages, respectively. Furthermore, Occidental Petroleum Corp.'s stock has a Relative Strength Index (RSI) of 36.17. Sign up and read the free notes on OXY at:
https://www.erionline.net/OXY.pdf
Penn Virginia Corp.'s stock finished Monday's session 0.02% lower at $0.56. A total of 1.39 million shares were traded, which was below its three months average volume of 4.30 million shares. Over the last one month and the previous three months, Penn Virginia Corp.'s shares have declined 39.80% and 88.24%, respectively. Additionally, the stock has plummeted 91.62% since the beginning of 2015. The company's shares are trading below their 50-day and 200-day moving averages by 51.48% and 87.95%, respectively. Penn Virginia Corp.'s stock has an RSI of 26.73. The complimentary notes on PVA can be downloaded in PDF format at:
https://www.erionline.net/PVA.pdf
On Monday, shares in Gulfport Energy Corp. ended the session 4.80% lower at $29.52. The stock reported a trading volume of 1.58 million shares, below its three months average volume of 1.87 million shares. Shares of the company traded at a PE ratio of 22.20. Gulfport Energy Corp.'s shares have declined 16.47% in the last one month, 25.23% in the previous three months and 29.28% on YTD basis. The company is trading 12.76% below its 50-day moving average and 27.95% below its 200-day moving average. Moreover, shares of Gulfport Energy Corp. have an RSI of 32.68. Register for free on Equity Research Institute and access the latest research on GPOR at:
https://www.erionline.net/GPOR.pdf
SM Energy Co.'s stock lost 6.44%, to close the day at $29.80. The stock recorded a trading volume of 2.42 million shares, above its three months average volume of 1.86 million shares. Over the last one month and over the past three months, SM Energy Co.'s shares have plummeted 7.88% and 34.56%, respectively. Furthermore, the stock has declined 22.69% since the start of this year. The company's shares are trading 15.46% below their 50-day moving average. Additionally, SM Energy Co. traded at a PE ratio of 4.70 and has an RSI of 35.51. The complete research on SM is available for free at:
https://www.erionline.net/SM.pdf
On Monday, shares in Goodrich Petroleum Corp. recorded a trading volume of 0.69 million shares, lower than their three months average volume of 1.70 million shares. The stock ended the day 15.05% lower at $0.62. Goodrich Petroleum Corp.'s stock has plummeted 8.81% in the last one month, 65.16% in the previous three months and 86.03% on YTD basis. The company is trading below its 50-day and 200-day moving averages by 23.95% and 76.40%, respectively. Furthermore, shares of Goodrich Petroleum Corp. have an RSI of 39.03. Free in-depth research on GDP is available at:
https://www.erionline.net/GDP.pdf
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