01.12.2016 14:10:00
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Research Reports Coverage on Oil & Gas Stocks -- EQT Corp., Matador Resources, Approach Resources, and PDC Energy
NEW YORK, December 1, 2016 /PRNewswire/ --
On Wednesday, the NASDAQ Composite ended the trading session at 5,323.68, down 1.05%; the Dow Jones Industrial Average edged 0.01% higher, to finish at 19,123.58; and the S&P 500 closed at 2,198.81, down 0.27%. Losses were broad based as six out of nine sectors ended the day in negative. Stock-Callers.com today has initiated research reports on the following equities: EQT Corporation (NYSE: EQT), Matador Resources Company (NYSE: MTDR), Approach Resources Inc. (NASDAQ: AREX), and PDC Energy Inc. (NASDAQ: PDCE). Learn more about these stocks by downloading their comprehensive and free reports at:
http://stock-callers.com/registration
EQT Corp.
On Wednesday, shares in Pittsburgh, Pennsylvania headquartered EQT Corp. ended the session 1.25% lower at $70.08 with a total volume of 3.08 million shares traded. EQT Corp.'s shares have gained 6.23% in the previous one month and 22.42% in the past one year. The stock is trading 2.23% above its 50-day moving average and 0.95% above its 200-day moving average. Moreover, shares of the Company, which together with its subsidiaries, operates as an integrated energy company in the US, have a Relative Strength Index (RSI) of 55.18. EQT complete research report is just a click away and free at:
http://stock-callers.com/registration/?symbol=EQT
Matador Resources
Dallas, Texas headquartered Matador Resources Co.'s stock finished Wednesday's session 17.46% higher at $26.64 with a total volume of 4.11 million shares traded. Over the last one month and the previous three months, Matador Resources' shares have gained 22.15% and 16.08%, respectively. Furthermore, the stock has advanced 4.35% in the past one year. Shares of the Company, which engages in the exploration, development, production, and acquisition of oil and natural gas resources in the US, are trading above its 50-day and 200-day moving averages by 14.99% and 23.67%, respectively. Matador Resources' stock has an RSI of 62.49.
On November 28th, 2016, research firm Deutsche Bank initiated a 'Hold' rating on the Company's stock, issuing a target price of $25.68 per share. The complimentary report on MTDR can be downloaded at:
http://stock-callers.com/registration/?symbol=MTDR
Approach Resources
Fort Worth, Texas headquartered Approach Resources Inc.'s stock surged 17.00%, to close the day at $3.51. The stock recorded a trading volume of 3.45 million shares, which was above its three months average volume of 1.35 million shares. Approach Resources' shares have gained 23.16% in the last one month, 5.72% in the previous three months, and 53.95% in the past one year. Shares of the Company, which focuses on the acquisition, exploration, development, and production of unconventional oil and gas reserves in the US, are trading 15.24% and 49.39% above its 50-day and 200-day moving averages, respectively. Additionally, the stock has an RSI of 62.42. Sign up for your complimentary research report on AREX at:
http://stock-callers.com/registration/?symbol=AREX
PDC Energy
On Wednesday, shares in Denver, Colorado headquartered PDC Energy Inc. recorded a trading volume of 2.52 million shares, which was higher than their three months average volume of 1.22 million shares. The stock ended the day 15.66% higher at $74.45. PDC Energy's stock has gained 21.39% in the last one month, 12.12% in the previous three months, and 31.42% in the past one year. The Company is trading above its 50-day and 200-day moving averages by 15.07% and 24.25%, respectively. Furthermore, shares of PDC Energy, which acquires, explores for, develops, and produces crude oil, natural gas, and natural gas liquids in the US, have an RSI of 67.55. Get free access to your research report on PDCE at:
http://stock-callers.com/registration/?symbol=PDCE
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