Pre-Market Technical Pulse on Oil & Gas Stocks -- Continental Resources, Canadian Natural Resources, Eclipse Resources, and Enbridge Energy Management
NEW YORK, July 10, 2017 /PRNewswire/ --
If you want a Stock Review on CLR, CNQ, ECR or EEQ then come over to http://dailystocktracker.com/register and sign up for your free customized report today. DailyStockTracker.com is currently assessing performances of the following: Continental Resources Inc. (NYSE: CLR), Canadian Natural Resources Ltd (NYSE: CNQ), Eclipse Resources Corp. (NYSE: ECR), and Enbridge Energy Management LLC (NYSE: EEQ). Independent Oil and Gas companies are exclusively engaged in the exploration and production segment of the industry, and receive the majority of their revenue from production at the wellhead. Sign up today on DailyStockTracker.com and download our free research reports on these featured stocks at:
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Continental Resources
Last Friday, shares in Oklahoma City, Oklahoma-based Continental Resources Inc. ended the session 1.89% lower at $30.03. The stock recorded a trading volume of 3.95 million shares, which was above its three months average volume of 3.28 million shares. The Company's shares are trading below their 50-day moving average by 19.52%. Furthermore, shares of Continental Resources, which explores for, develops, and produces crude oil and natural gas properties in the north, south, and east regions of the US, have a Relative Strength Index (RSI) of 32.35.
On June 21st, 2017, research firm Seaport Global Securities downgraded the Company's stock rating from 'Buy' to 'Sell' while revising its previous target price from $57 a share to $20 a share.
On July 06th, 2017, Continental Resources announced plans to report Q2 2017 results on August 08th, 2017, following the close of trading on the NYSE. The Company plans to host a conference call to discuss Q2 2017 results on August 09th, 2017, at 12:00 p.m. ET. The conference call may be accessed via the Company's website. CLR complete research report is just a click away at:
http://dailystocktracker.com/registration/?symbol=CLR Canadian Natural Resources
Calgary, Canada headquartered Canadian Natural Resources Ltd's stock finished 0.88% lower at $28.19. A total volume of 2.66 million shares was traded, which was above their three months average volume of 2.42 million shares. The Company's shares are trading below their 50-day moving average by 5.47%. Moreover, shares of Canadian Natural Resources, which acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids, have an RSI of 42.73.
On June 27th, 2017, research firm National Bank Financial initiated an 'Outperform' rating on the Company's stock. The complimentary report on CNQ can be downloaded at: http://dailystocktracker.com/registration/?symbol=CNQ Eclipse Resources
Shares in State College, Pennsylvania headquartered Eclipse Resources Corp. closed the day 3.21% lower at $2.71. The stock recorded a trading volume of 1.06 million shares, which was above its three months average volume of 1.04 million shares. The Company's shares have gained 28.44% in the last month, 7.11% over the previous three months, and 1.50% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 14.06% and 3.73%, respectively. Moreover, shares of Eclipse Resources, which acquires and develops oil and natural gas properties in the Appalachian Basin, have an RSI of 54.20.
On June 16th, 2017, Eclipse Resources provided an operational update. The Company has recently turned its seven well Moser pad to sales, located at its Utica Shale dry gas window acreage in eastern Monroe County, Ohio. The Moser pad wells are currently producing approximately 100 MMcf per day, collectively, as the Company continues to implement its "engineered" flowback procedure designed to bring the wells up to target production rates, while preserving fracture conductivity and minimizing formation damage.
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 $3.25 a share to $2.75 a share. Sign up for your complimentary report on ECR at:
http://dailystocktracker.com/registration/?symbol=ECR Enbridge Energy Management
Houston, Texas headquartered Enbridge Energy Management LLC's shares recorded a trading volume of 168,451 shares last Friday. The stock closed 0.52% higher at $15.56. The Company's shares are trading 4.82% below their 50-day moving average. Additionally, shares of Enbridge Energy Management, which through its limited partner interests in Enbridge Energy Partners, L.P., owns and operates crude oil and liquid petroleum transportation and storage assets in the US, have an RSI of 47.97.
On June 15th, 2017, research firm Morgan Stanley downgraded the Company's stock rating from 'Overweight' to 'Equal-Weight'. Download the research report for free on EEQ at:
http://dailystocktracker.com/registration/?symbol=EEQ
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