Technical Research on Oil & Gas Equities -- ConocoPhillips, Callon Petroleum, Crescent Point Energy, and Devon Energy

NEW YORK, June 26, 2017 /PRNewswire/ --

If you want a Stock Review on COP, CPE, CPG or DVN then come over to and sign up for your free customized report today. This morning, explores the Independent Oil and Gas space to see how current oil prices and market conditions have influenced the most recent performances of select equities: ConocoPhillips (NYSE: COP), Callon Petroleum Co. (NYSE: CPE), Crescent Point Energy Corp. (NYSE: CPG), and Devon Energy Corp. (NYSE: DVN). According to a Reuters report, oil prices have fallen about 20% this year despite an effort led by the Organization of the Petroleum Exporting Countries to cut production by 1.8-million barrels per day. That puts the market on course for its biggest, first-half percentage fall since the late 1990s, when rising output and the Asian financial crisis led to sharp losses. Take a look at the free research reports issued today on for these stocks by signing up at:


Last Friday at the close, shares in Houston, Texas headquartered ConocoPhillips ended 0.04% higher at $44.83. The stock recorded a trading volume of 8.50 million shares which was above its three months average volume of 8.47 million shares. The Company's shares have advanced 1.66% in the previous three months. The stock is trading below its 50-day moving average by 3.60%. Furthermore, shares of ConocoPhillips, which explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas, and natural gas liquids worldwide, have a Relative Strength Index (RSI) of 44.08.

On June 22nd, 2017, research firm Goldman resumed its 'Neutral' rating on the Company's stock. Sign up and read the free research report on COP at: Callon Petroleum 

Natchez, Mississippi headquartered Callon Petroleum Co.'s stock finished Friday's session 5.06% higher at $10.18. A total volume of 9.88 million shares was traded, which was above their three months average volume of 5.26 million shares. The Company's shares are trading below their 50-day moving average by 12.67%. Additionally, shares of Callon Petroleum, which acquires, explores for, develops, and produces oil and natural gas properties in the Permian Basin in West Texas, have an RSI of 41.17.

On June 21st, 2017, research firm Seaport Global Securities downgraded the Company's stock rating from 'Buy' to 'Neutral' while revising its previous target price from $19 a share to $10 a share.

On June 22nd, 2017, Callon Petroleum announced that the Company's Board of Directors has appointed Correne S. Loeffler as Interim CFO. Ms. Loeffler assumes this role from Joe Gatto, CEO and President, and will continue to perform her current duties as the Company's Treasurer. The complimentary research report on CPE can be downloaded at: Crescent Point Energy 

Shares in Calgary, Canada headquartered Crescent Point Energy Corp. ended the session 0.52% higher at $7.66 with a total trading volume of 1.07 million shares. The stock is trading below its 50-day moving average by 17.94%. Shares of the Company, which acquires, explores, develops, and produces light and medium oil and natural gas properties in Western Canada and the US, have an RSI of 33.25.

On June 15th, 2017, Crescent Point Energy confirmed that the dividend to be paid on July 17th, 2017, in respect of June 2017 production, for shareholders of record on June 30th, 2017, will be CDN$0.03 per share. Register for free on and access the latest report on CPG at: Devon Energy 

Oklahoma City, Oklahoma headquartered Devon Energy Corp.'s shares recorded a trading volume of 4.17 million shares. The stock closed 1.57% higher at $30.48. The Company's shares are trading 16.30% below their 50-day moving average. Additionally, shares of Devon Energy, which engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the US and Canada, have an RSI of 30.87.

On June 15th, 2017, Devon Energy announced that COO, Tony Vaughn, will present at the JPMorgan Energy Equity Conference on Monday, June 26th, 2017, at 3:00 p.m. ET in New York. The event will be available via webcast on the Company's website home page. 

On June 21st, 2017, research firm Seaport Global Securities downgraded the Company's stock rating from 'Buy' to 'Neutral' while revising its previous target price from $51 a share to $28 a share. Get free access to your research report on DVN at:


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. 


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 Rohit Tuli, a CFA(R) 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. 


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

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


CFA(R) and Chartered Financial Analyst(R) are registered trademarks owned by CFA Institute.

SOURCE Chelmsford Park SA