Press release from PR Newswire
Oil & Gas Equities Coverage: Chesapeake Energy, Forest Oil, Endeavour Intl. and Quicksilver Resources
Thursday, March 06, 2014
Oil & Gas Equities Coverage: Chesapeake Energy, Forest Oil, Endeavour Intl. and Quicksilver Resources12:34 EST Thursday, March 06, 2014
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LONDON, March 6, 2014 /PRNewswire/ --
On Wednesday, March 05, 2014, the NASDAQ Composite ended at 4,357.97, up 0.14%, the Dow Jones Industrial Average fell 0.22% to 16,360.18, and the S&P 500 closed at 1,873.81, down 0.01%. The S&P 500 Energy Sector Index finish the day at 634.07, down 1.07%, while the same has gained 5.90% in the last one month. Investor-Edge.com has initiated coverage on some of the following equities Chesapeake Energy Corporation (NYSE: CHK), Forest Oil Corporation (NYSE: FST), Endeavour International Corporation (NYSE: END), and Quicksilver Resources Inc. (NYSE: KWK). Free research on these five companies can be accessed at:
Shares in Chesapeake Energy Corp. saw heavy trading as a total of 11.56 million shares changed hands, as compared with a three month average volume of 9.65 million shares. The company's stock ended the day at $25.50, down 0.66% and at an intraday range of $25.38 and $25.88. The company's stock traded at a PE ratio of 17.17. Chesapeake Energy Corp.'s shares have lost 1.58% in the previous three trading sessions, 2.71% in the last one month, and 6.04% on YTD basis. The company's stock is trading above its 200-day moving average. Chesapeake Energy Corp.'s 50-day moving average of $26.22 is above the 200-day moving averages of $25.07. Furthermore, the company's stock is trading at the Relative Strength Index (RSI) of 46.84. Sign up and read the free notes on CHK at:
On Wednesday, shares in Forest Oil Corp. witnessed heavy trading as a total of 9.31 million shares changed hands, as compared with a three month average volume of 5.24 million shares. The company's stock ended the day at $1.85, up 2.78 % and at an intraday trading range of $1.75 and $1.86. The company's stock traded at a PE ratio of 13.02. Forest Oil Corp.'s shares have lost 37.50% in the last one month, and have declined 48.75% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages. Forest Oil Corp.'s 200-day moving average of $4.49 is above the 50-day moving average of $3.20. Additionally, the company's stock is trading at the Relative Strength Index (RSI) of 20.18. The complimentary notes on FST can be downloaded as in PDF format at:
Shares in Endeavour International Corp. plummeted 23.54%, finishing Wednesday's session at $3.93. The stock recorded trading volume 7.04 million shares as compared to a three months average volume of 0.67 million shares. The stock witnessed intra-day fluctuations between $3.92 and $5.13. The company's shares have declined 36.71% in the last one month and 20.28% in the previous three months. Endeavour International Corp.'s shares have declined 25.14% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages. Endeavour International Corp.'s 50-day moving average of $5.84 is above the 200-day moving average of $5.05. Moreover, the company's stock is trading at the Relative Strength Index (RSI) of 39.48. Register for free on Investor-Edge and access the latest research on END at:
On Wednesday, shares in Quicksilver Resources Inc. fell 6.65% to close the day at $3.09. A total of 7.42 million shares were traded, which is above the three months average volumes of 3.55 million. The company's shares oscillated between $2.97 and $3.30 during the trading session. Shares in the company have lost 7.76% in the last one month, while the same has advanced 3.34% in the previous three months, and 0.65% on YTD basis. The company's stock is trading above its 200-day moving average. Quicksilver Resources Inc.'s 50-day moving average of $3.17 is above the 200-day moving average of $2.36. Furthermore, the company's stock is trading at the Relative Strength Index (RSI) of 51.81. The complete research on KWK is available for free at:
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