NEW YORK, Dec. 04, 2017 /PRNewswire/ --
In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on DNR, CNX, KOS, and APC which is a click away at www.wallstequities.com/registration. Rigzone reported that confidence in the Oil sector is increasing, according a new industry survey by Aberdeen & Grampian Chamber of Commerce released on November 30th, 2017. The survey revealed that 60% of the 95 firms questioned believed that the sector had already reached the bottom of its current cycle; 52% believed the same sentiment in spring this year; and 29% in autumn 2016. This morning, WallStEquities.com directs investors' attention to these four stocks: Denbury Resources Inc. (NYSE: DNR), CNX Resources Corp. (NYSE: CNX), Kosmos Energy Ltd (NYSE: KOS), and Anadarko Petroleum Corp. (NYSE: APC). Wall St. Equities' downloadable free reports on these stocks are available at: www.wallstequities.com/registration
Last Friday, shares in Texas headquartered Denbury Resources Inc. ended the session 9.14% higher at $1.91. The stock recorded a trading volume of 17.34 million shares, which was above its three months average volume of 7.20 million shares. The Company's shares have surged 51.59% in the last one month and 73.64% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 33.64% and 11.66%, respectively. Furthermore, shares of Denbury Resources have a Relative Strength Index (RSI) of 64.62.
On November 30th, 2017, Denbury Resources announced its entry into privately negotiated exchange agreements with holders of approximately $610 million in aggregate principal amount of the Company's outstanding senior subordinated notes due 2022 and 2023 to exchange them for approximately $466 million in aggregate principal amount of "New Notes." These "New Notes" consist of approximately $382 million in aggregate principal amount of new 9¼% Senior Secured Second Lien Notes due 2022 and approximately $85 million in aggregate principal amount of new 3½% Convertible Senior Notes due 2024. The free report on DNR can be accessed at: www.wallstequities.com/registration/?symbol=DNR
Pennsylvania headquartered CNX Resources Corp.'s stock finished 6.88% higher at $14.91. A total volume of 5.05 million shares was traded, which was above their three months average volume of 3.90 million shares. The Company's shares have gained 7.88% in the last one month and 20.95% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 10.10% and 14.17%, respectively. Moreover, shares of CNX Resources have an RSI of 66.96.
On November 29th, 2017, CONSOL Energy announced that it has completed the separation from its former parent company CNX Resources Corporation, formerly named CONSOL Energy Inc., and has begun operating as an independent, publicly-traded company listed on the NYSE under the symbol "CEIX." In connection with the distribution, the former parent retained its ticker symbol "CNX" on NYSE. Download our actionable research report on CNX at:
Shares in Bermuda-based Kosmos Energy Ltd closed the day 0.13% higher at $7.99. The stock recorded a trading volume of 1.55 million shares. The Company's shares have gained 11.44% over the previous three months and 13.98% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 1.72% and 17.71%, respectively. Moreover, shares of Kosmos Energy have an RSI of 52.53.
On November 06th, 2017, Kosmos Energy announced its results for Q3 2017. Net loss for Q3 2017 was $63.4 million, oil revenues were $151.2 million, production expense was $39 million, and exploration expenses totaled $37 million. The Company exited the quarter with approximately $1.3 billion of liquidity and $890 million of net debt, including a year-to-date voluntary repayment of $250 million on its reserves-based lending facility in 2017.
On November 24th, 2017, research firm Exane BNP Paribas initiated an 'Outperform' rating on the Company's stock. Register for your free report coverage on KOS at: www.wallstequities.com/registration/?symbol=KOS
Texas headquartered Anadarko Petroleum Corp.'s shares recorded a trading volume of 8.41 million shares last Friday, which was above their three months average volume of 5.55 million shares. The stock closed 1.31% higher at $48.72. The Company's shares have advanced 17.43% in the previous three months. The stock is trading 0.35% below its 50-day moving average. Additionally, shares of Anadarko Petroleum have an RSI of 49.77.
On November 15th, 2017, Anadarko Petroleum's Board of Directors declared a quarterly cash dividend on its common stock of $0.05 per share, payable on December 27th, 2017, to stockholders of record at the close of business on December 13th, 2017.
On November 17th, 2017, research firm BMO Capital Markets upgraded the Company's stock rating from 'Market Perform' to 'Outperform' while revising its previous target price from $53 a share to $57 a share. Get the free research report on APC at: www.wallstequities.com/registration/?symbol=APC
Wall St. Equities:
Wall St. Equities (WSE) 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. WSE 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.
WSE has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
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 email@example.com. Rohit Tuli, a CFA® 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 WSE. WSE 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.
WSE, 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. WSE, 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, WSE, 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.
NOT AN OFFERING
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 WSE 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 https://wallstequities.com/legal-disclaimer/
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: +21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
View original content:http://www.prnewswire.com/news-releases/this-mornings-research-reports-on-independent-oil--gas-stocks----denbury-resources-consol-energy-kosmos-energy-and-anadarko-petroleum-300565766.html
SOURCE Wall St. Equities