Aug 7, 2017   SOURCE: PR NewsWire

Pre-Market Technical Pulse on Oil and Gas Stocks -- Ultra Petroleum, Extraction Oil & Gas, Zion Oil & Gas, and Abraxas Petroleum

NEW YORK, August 7, 2017 /PRNewswire/ --

If you want a Stock Review on UPL, XOG, ZN, or AXAS then come over to http://dailystocktracker.com/register and sign up for your free customized report today. Street Insider reported last Friday, August 04th, 2017, that oil price has gained about 20% in the last two months to above $52 a barrel, doggedly posting higher highs and higher lows, which would suggest that this rally is more robust than the recoveries seen in March and May of this year. Pre-market, DailyStockTracker.com turns to the Independent Oil and Gas space to evaluate the performances of Ultra Petroleum Corp. (NASDAQ: UPL), Extraction Oil & Gas Inc. (NASDAQ: XOG), Zion Oil & Gas Inc. (NASDAQ: ZN), and Abraxas Petroleum Corp. (NASDAQ: AXAS). Sign up today on DailyStockTracker.com and download our free research reports on these featured stocks at:

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Ultra Petroleum 

Last Friday, shares in Houston, Texas headquartered Ultra Petroleum Corp. ended the session 0.22% lower at $9.21. The stock recorded a trading volume of 2.73 million shares, which was above its three months average volume of 2.43 million shares. The Company's shares are trading below their 50-day moving average by 14.97%. Furthermore, shares of Ultra Petroleum, which engages in the acquisition, exploration, development, operation, and production of oil and natural gas properties, have a Relative Strength Index (RSI) of 25.00.

On July 26th, 2017, Ultra Petroleum announced that it will webcast its Q2 2017 financial and operating results on August 09th, 2017 at 11:00 a.m. EDT. The webcast will be available live on the Company's website. UPL complete research report is just a click away at:

http://dailystocktracker.com/registration/?symbol=UPL

Extraction Oil & Gas 

Denver-based Extraction Oil & Gas Inc.'s stock finished 1.85% higher at $11.59 with a total trading volume of 1.18 million shares. The Company's shares are trading below their 50-day moving average by 13.39%. Shares of the Company, which focuses on the exploration and production of oil and gas reserves in the Rocky Mountains, have an RSI of 36.15.

On July 18th, 2017, Extraction Oil & Gas priced its previously announced private offering of senior unsecured notes (the "Notes Offering") due in 2024. The Notes Offering will bear interest at 7.375% per annum. The Company upsized the offering amount from $350 million to $400 million in aggregate principal amount, and intends to use the net proceeds of the Notes Offering to partially fund its 2017 capital expenditures and for general corporate purposes. The complimentary report on XOG can be downloaded at:

http://dailystocktracker.com/registration/?symbol=XOG

Zion Oil & Gas 

Shares in Dallas, Texas headquartered Zion Oil & Gas Inc. closed the day 1.12% lower at $3.52. The stock recorded a trading volume of 841,610 shares. The Company's shares have skyrocketed 118.63% over the previous three months and 156.93% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 13.39% and 99.83%, respectively. Moreover, shares of the Company, which engages in the exploration of oil and gas properties in Israel, have an RSI of 46.61.

On July 20th, 2017, Zion Oil & Gas announced that the Company continues active drilling operations at its Megiddo-Jezreel #1 well in Israel. As of that day, the Company has reached a depth of approximately 5,345 feet (~1,629 meters) toward a proposed total depth of up to ~15,000 feet. Sign up for your complimentary report on ZN at:

http://dailystocktracker.com/registration/?symbol=ZN

Abraxas Petroleum 

San Antonio, Texas headquartered Abraxas Petroleum Corp.'s shares recorded a trading volume of 742,138 shares last Friday. The stock closed 6.92% higher at $1.70. The Company's shares have advanced 8.97% in the past month. The stock is trading 1.45% below its 50-day moving average. Additionally, shares of Abraxas Petroleum, which engages in the acquisition, exploration, exploitation, development, and production of oil and gas properties in the US, have an RSI of 50.69.

On July 12th, 2017, Abraxas Petroleum announced that it will host its Q2 2017 earnings conference call on August 09th, 2017, at 11:00 a.m. ET. The Company plans to announce its Q2 2017 operating and financial results prior to the call. The live webcast of the conference call can be accessed under the "Investor Relations" portion of the Company's website. Download the research report for free on AXAS at:

http://dailystocktracker.com/registration/?symbol=AXAS

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