Today’s Research Coverage Scans Stocks in the Independent Oil and Gas Industry

LONDON, UK / ACCESSWIRE / June 2, 2016 / ActiveWallSt.com announces the list of stocks for today’s research coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the Independent Oil and Gas industry. Companies recently under review include Warren Resources, Matador Resources, Kosmos Energy, and Bellatrix Exploration. Register with us now for your free membership and see our complete reports on these equities at:

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As stated by the most recent data from the U.S. Energy Information Administration, U.S. crude oil production in March 2016 averaged 9.127 million b/d, down from 9.133 million b/d in February 2016 and 9.648 million b/d in March 2015. The overall drop in the U.S. crude output was driven by a more than 10% decline year-over-year in Texas. Let us see how this is affecting some of the big names in the industry. Know more about these companies by accessing their full report at:

http://www.activewallst.com/register/

ActiveWallSt.com looks at the performance of the companies mentioned above over the last few trading sessions.

Warren Resources Inc. (NASDAQ: WRES)

Colorado-based independent energy Company, Warren Resources Inc.’s stock finished Wednesday’s session at $0.13, which was a correction of 2.91%. A total volume of 642,633 shares was traded. Over the previous three months, the Company’s shares have surged 30.00%. The stock is trading below its 50-day moving average by 9.43%. Moreover, shares of Warren Resources have a Relative Strength Index (RSI) of 50.04.

Matador Resources Co. (NYSE: MTDR)

Shares in Texas headquartered Matador Resources Co., which engages in the exploration, development, production, and acquisition of oil and natural gas resources in the U.S., ended yesterday’s session 0.62% higher at $22.86 with a total volume of 969,122 shares traded. The stock has gained 4.67% in the past month, 27.28% in the previous three months, and 15.63% on an YTD basis. The Company’s shares are trading 9.57% above their 50-day moving average and 9.71% above their 200-day moving average. Moreover, Matador Resources’ stock has an RSI of 61.13. On May 05th, 2016, research firm Wunderlich reiterated its ‘Buy’ rating with an increase of the target price to $28 a share from $25 a share for the Company’s stock.

Kosmos Energy Ltd (NYSE: KOS)

On Wednesday, Bermuda-based oil and gas exploration and producer, Kosmos Energy Ltd’s stock saw a correction of 2.44%, to close the day at $5.60. A total volume of 1.63 million shares was traded. The Company’s shares have advanced 10.02% in the previous three months and 7.69% since the start of this year. The stock is trading 1.78% below its 50-day moving average. Additionally, shares of Kosmos Energy have an RSI of 54.02. On May 11th, 2016, research firm Raymond James upgraded the stock’s ratings from ‘Outperform’ to ‘Strong Buy’.

Bellatrix Exploration Ltd (NYSE: BXE)

Shares in Calgary, Canada based Bellatrix Exploration Ltd, which operates mainly in the provinces of Alberta, British Columbia, and Saskatchewan, ended the day at $0.93, which was a correction of 3.11%. A total volume of 1.57 million shares was traded, which was above their three months average volume of 1.35 million shares. The stock is trading below its 50-day moving average by 8.71%. Furthermore, shares of Bellatrix Exploration have an RSI of 41.02.

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