If you want a Stock Review on AREX, XEC, MRO, or MTDR then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Pre-market, DailyStockTracker.com scans the performance of Approach Resources Inc. (NASDAQ: AREX), Cimarex Energy Co. (NYSE: XEC), Marathon Oil Corp. (NYSE: MRO), and Matador Resources Co. (NYSE: MTDR). Independent Oil and Gas companies are basically entities that only explore for and produce oil and gas. They typically do not own refining, processing, or marketing assets to prepare that oil and gas and then sell the product directly to end users. Learn more about these stocks by signing up for their free reports on DailyStockTracker.com at: http://dailystocktracker.com/register/
On Thursday, shares in Fort Worth, Texas headquartered Approach Resources Inc. recorded a trading volume of 177,350 shares. The stock ended at $2.38, declining 1.65% from the last trading session. The Company’s shares are trading below their 50-day moving average by 6.55%. Furthermore, shares of Approach Resources, which focuses on the acquisition, exploration, development, and production of unconventional oil and gas reserves in the US, have a Relative Strength Index (RSI) of 43.83. The free research report on AREX is available at: http://dailystocktracker.com/registration/?symbol=AREX
Denver, Colorado headquartered Cimarex Energy Co.’s stock finished yesterday’s session 0.25% higher at $115.32 with a total trading volume of 618,394 shares. The Company’s shares have gained 5.49% in the last one month and 21.36% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 8.43% and 1.91%, respectively. Furthermore, shares of Cimarex Energy, which operates as an independent oil and gas exploration and production company primarily in Oklahoma, Texas, and New Mexico, have an RSI of 63.26.
On September 28th, 2017, Cimarex Energy announced that it plans to report Q3 2017 financial results on November 07th, 2017, after market close. The Company will host its quarterly conference call at 11:00
a.m. EST on November 08th, 2017. The call will be webcast and accessible on the Company’s website.
On October 18th, 2017, research firm Williams Capital Group reiterated its ‘Buy’ rating on the Company’s stock with an increase of the target price from $132 a share to $140 a share. The complimentary report on XEC can be downloaded at: http://dailystocktracker.com/registration/?symbol=XEC
At the close of trading on Thursday, shares in Houston, Texas headquartered Marathon Oil Corp. saw a slight decline of 0.22%, ending the day at $13.74. The stock recorded a trading volume of 7.34 million shares. The Company’s shares have advanced 10.63% in the last one month and 15.95% in the previous three months. The stock is trading 11.68% above its 50-day moving average. Moreover, shares of Marathon Oil, which operates as an energy company, have an RSI of 67.04.
On October 03rd, 2017, Marathon Oil announced that it expects Q3 2017 US E&P production available for sale to average toward the high end of its guidance of 230,000 to 240,000 net barrels of oil equivalent per day (boed), despite the temporary impacts experienced from Hurricane Harvey. With the efficient ramp-up of production and strong early rates from new wells brought to sales, the Company expects Q3 Eagle Ford production to average approximately 100,000 net boed, in-line with Q2 levels.
On October 11th, 2017, research firm Barclays reiterated its ‘Equal Weight’ rating on the Company’s stock with an increase of the target price from $11 a share to $13 a share. Visit us today and download our complete research report on MRO for free at: http://dailystocktracker.com/registration/?symbol=MRO
Dallas, Texas headquartered Matador Resources Co.’s shares ended the day 1.60% lower at $25.84 with a total trading volume of 1.04 million shares. The stock has gained 1.69% in the last month, 12.49% over the previous three months, and 0.31% on an YTD basis. The Company’s shares are trading 4.05% above their 50-day moving average and 7.84% above their 200-day moving average. Additionally, shares of Matador Resources, which engages in the exploration, development, production, and acquisition of oil and natural gas resources in the US, have an RSI of 50.33. Get free access to your technical report on MTDR at: http://dailystocktracker.com/registration/?symbol=MTDR
Daily Stock Tracker:
Daily Stock Tracker (DST) 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. DST 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.
DST 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 DST. DST 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.
DST, 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. DST, 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, DST, 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 DST 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://dailystocktracker.com/disclaimer/
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]
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute
Powered by WPeMatico