What's Happening With These Oil & Gas Stocks? -- Extraction Oil & Gas, PDC Energy, ConocoPhillips, and California Resources
NEW YORK, Dec. 18, 2017 /PRNewswire/ -- In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on XOG, PDCE, COP, and CRC which is a click away at www.wallstequities.com/registration. On Friday, December 15, 2017, the NASDAQ Composite, the Dow Jones Industrial Average, and the S&P 500 edged higher at the closing bell. Eight out of nine sectors ended Friday's trading session in bullish territories. Taking into consideration last Friday's market sentiment, WallStEquities.com assessed the following Independent Oil & Gas equities this morning: Extraction Oil & Gas Inc. (NASDAQ: XOG), PDC Energy Inc. (NASDAQ: PDCE), ConocoPhillips (NYSE: COP), and California Resources Corp. (NYSE: CRC). See what Wall St. Equities' research desk has to say about these stocks, join our members and enjoy your free research reports at:
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Extraction Oil & Gas
On Friday, shares in Denver, Colorado headquartered Extraction Oil & Gas Inc. recorded a trading volume of 1.68 million shares, which was higher than their three months average volume of 1.38 million shares. The stock ended at $14.85, declining 2.04% from the last trading session. The Company's shares have gained 7.53% over the previous three months. The stock is trading above its 200-day moving average by 0.16%. Furthermore, shares of the Company, which focuses on the acquisition, development, and production of oil, natural gas, and natural gas liquid reserves in the Rocky Mountains regions, primarily in the Wattenberg Field of the Denver-Julesburg Basin of Colorado, have a Relative Strength Index (RSI) of 45.99.
On December 12th, 2017, research firm Credit Suisse initiated an 'Outperform' rating on the Company's stock, with a target price of $19 per share. Looking for insightful coverage on XOG? Sign up for free at:
www.wallstequities.com/registration/?symbol=XOG
PDC Energy
Denver, Colorado headquartered PDC Energy Inc.'s stock finished last Friday's session 0.05% lower at $44.35. A total volume of 1.65 million shares was traded, which was above their three months average volume of 1.02 million shares. The Company's shares have gained 2.40% in the last month. The stock is trading below its 50-day moving average by 5.49%. Furthermore, shares of PDC Energy, which acquires, explores for, develops, and produces crude oil, natural gas, and natural gas liquids in the US, have an RSI of 46.03.
On December 13th, 2017, research firm Stifel reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $83 a share to $81 a share. Today's complimentary research report on PDCE is accessible at:
www.wallstequities.com/registration/?symbol=PDCE
ConocoPhillips
At the close of trading on Friday, shares in Houston, Texas headquartered ConocoPhillips saw a decline of 0.27%, ending the day at $52.17. The stock recorded a trading volume of 11.28 million shares, which was higher than its three months average volume of 6.04 million shares. The Company's shares have advanced 10.79% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 2.44% and 10.60%, respectively. Moreover, shares of ConocoPhillips, which explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas, and natural gas liquids worldwide, have an RSI of 59.15.
On December 14th, 2017, research firm Goldman upgraded the Company's stock rating from 'Neutral' to 'Buy'. Sign up for free on Wall St. Equities and claim the latest report on COP at:
www.wallstequities.com/registration/?symbol=COP
California Resources
Los Angeles, California headquartered California Resources Corp.'s shares ended the day 0.92% lower at $16.10 with a total trading volume of 2.25 million shares, which was above their three months average of 1.66 million shares. The stock has gained 81.72% in the previous three months. The Company's shares are trading above their 50-day and 200-day moving averages by 18.86% and 42.00%, respectively. Additionally, shares of California Resources, which operates as an oil and natural gas exploration and production company in the State of California, have an RSI of 54.00. See the free research coverage on CRC at:
www.wallstequities.com/registration/?symbol=CRC
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