Pre-Market Technical Pulse on Independent Oil & Gas Stocks — EOG Resources, EQT Corp., Carrizo Oil & Gas, and Diamondback Energy – iCrowdNewswire
 
x

RSS Newsfeeds

See all RSS Newsfeeds

Global Regions

United States ( XML Feed )

Nov 14, 2017 6:40 AM ET

Pre-Market Technical Pulse on Independent Oil & Gas Stocks — EOG Resources, EQT Corp., Carrizo Oil & Gas, and Diamondback Energy

Disclosure NewswireTM

iCrowdNewswire - Nov 14, 2017

NEW YORK —

 

If you want a Stock Review on EOG, EQT, CRZO, or FANG then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. DailyStockTracker.com observes the recent performance of the following equities: EOG Resources Inc. (NYSE: EOG), EQT Corp. (NYSE: EQT), Carrizo Oil & Gas Inc. (NASDAQ: CRZO), and Diamondback Energy Inc. (NASDAQ: FANG). 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. Sign up today on DailyStockTracker.com and download our free research reports on these featured stocks at: http://dailystocktracker.com/register/

EOG Resources

Last Friday, shares in Texas headquartered EOG Resources Inc. ended the session 0.19% lower at $104.58. The stock recorded a trading volume of 3.38 million shares, which was above its three months average volume of 2.70 million shares. The Company’s shares have advanced 8.20% in the last one month, 18.85% over the previous three months, and 3.44% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 9.13% and 11.47%, respectively. Furthermore, shares of EOG Resources have a Relative Strength Index (RSI) of 70.50.  

On November 07th, 2017, research firm RBC Capital Markets reiterated its ‘Sector Perform’ rating on the Company’s stock with an increase of the target price from $107 a share to $110 a share.

On November 08th, 2017, EOG Resources announced that it is scheduled to present at the Bank of America Merrill Lynch Global Energy Conference on November 16th, 2017, at 9:00 a.m. ET.  David W. Trice, Executive Vice President, Exploration and Production, will present on behalf of the Company. The live webcast can be accessed under the “Investors/Overview” page of the Company’s website. EOG complete research report is just a click away at: http://dailystocktracker.com/registration/?symbol=EOG

EQT Corp.

Pennsylvania headquartered EQT Corp.’s stock finished 1.11% lower at $65.18. A total volume of 22.75 million shares was traded, which was above their three months average volume of 3.14 million shares. The Company’s shares have gained 2.66% in the last one month and 5.44% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 2.86% and 7.27%, respectively. Moreover, shares of EQT Corp. have an RSI of 57.54.  

On November 09th, 2017, EQT Corp. (EQT) announced that, based on the final tabulation provided by its proxy solicitor, shareholders have approved the Company’s pending transaction with Rice Energy Inc. at its special meeting held earlier that day. Of the total shares cast, approximately 84% voted in favor of the proposal to issue stock for execution of the transaction. EQT expects the transaction to close on November 13th, 2017. The complimentary report on EQT can be downloaded at: http://dailystocktracker.com/registration/?symbol=EQT

Carrizo Oil & Gas

Shares in Texas-based Carrizo Oil & Gas Inc. closed the day 0.45% higher at $20.06. The stock recorded a trading volume of 5.31 million shares, which was above its three months average volume of 3.81 million shares. The Company’s shares have surged 23.22% in the last month and 46.32% over the previous three months. The stock is trading above its 50-day moving average by 27.02%. Moreover, shares of the Company have an RSI of 70.16.  

On November 07th, 2017, Carrizo Oil & Gas announced the Company’s financial results for Q3 2017. Crude oil production for the quarter was 34,903 Bbls/d, and total production was 55,224 Boe/d. Net income attributable to common shareholders was $5.6 million for Q3 2017, net cash provided by operating activities was $101.4 million, and adjusted EBITDA was $132.8 million.

On November 09th, 2017, research firm RBC Capital Markets reiterated its ‘Outperform’ rating on the Company’s stock with an increase of the target price from $20 a share to $23 a share. Sign up for your complimentary report on CRZO at: http://dailystocktracker.com/registration/?symbol=CRZO

Diamondback Energy

Texas headquartered Diamondback Energy Inc.’s shares recorded a trading volume of 1.00 million shares last Friday. The stock closed 0.75% higher at $111.86. The Company’s shares have advanced 10.62% in the past month, 23.26% in the previous three months, and 10.69% since the start of this year. The stock is trading 12.16% and 14.31% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Diamondback Energy have an RSI of 69.50.  

On November 06th, 2017, Diamondback Energy announced financial and operating results for Q3 ended September 30th, 2017. Production for the quarter was 85.0 Mboe/d; net income was $73 million; and adjusted EBITDA was $232 million. As of September 30th, 2017, the Company had $26 million in standalone cash and $235 millionoutstanding on its revolving credit facility. The free report on FANG can be accessed at: http://dailystocktracker.com/registration/?symbol=FANG

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.  

NO WARRANTY

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/

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: (207)331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

 

SOURCE dailystocktracker.com

Contact Information:

Email: [email protected]
Phone number: (207)331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa

View Related News >