Are There Profits in These Oil & Gas Stocks? – CXO, MRD, UNT, and PGH
NEW YORK, NY / ACCESSWIRE / February 29, 2016 / The Oil & Gas Drilling & Exploration Industry has been facing enormous pressure for some time now given the steep decline in commodity prices of natural gas and crude oil. While it is anticipated that it would take time before the industry finally recovers, ValuableInvestment.com and its seasoned professionals have found a way for a select names in this space to make money right now. Find out how by clicking below:
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ValuableInvestment.com has the following stocks on top of its trading alerts today: Concho Resources Inc. (NYSE: CXO), Memorial Resource Development Corp. (NASDAQ: MRD), Unit Corp. (NYSE: UNT), and Pengrowth Energy Corp. (NYSE: PGH). Get the full scoop on these trades and find out which offers the best stock performance and investment value at:
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Below is a brief market recap of each stock’s performance at the closing bell on Friday:
Concho Resources Inc.’s stock finished the session at $91.93, up 3.55%. A total of 2.79 million shares were traded, which was above their three months average volume of 2.73 million shares. Concho Resources’ shares have advanced 4.54% in the last month. The Company’s shares are trading above their 50-day moving average by 3.47%. Furthermore, the stock has a Relative Strength Index (RSI) of 53.16. Visit us today and activate your complimentary trade alerts on CXO at:
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On Friday, shares in Memorial Resource Development Corp. ended the session 2.11% higher at $9.67. The stock recorded a trading volume of 4.60 million shares, higher than its three months average volume of 2.62 million shares. The Company’s stock is trading 28.81% below its 50-day moving average. Moreover, shares of Memorial Resource Development have an RSI of 35.21. Sign up for your trade alert on MRD at:
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Unit Corp.’s stock surged 14.97% to close the day at $5.07. The stock recorded a trading volume of 3.62 million shares, which was above its three months average volume of 1.29 million shares. The Company’s shares are trading 44.90% below their 50-day moving average. Additionally, Unit Corp.’s stock has an RSI of 34.77. Register for free on ValuableInvestment.com and activate your trade alert on UNT at:
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On Friday, shares in Pengrowth Energy Corp. recorded a trading volume of 774,789 shares. The stock ended the day 8.25% higher at $0.74. Pengrowth Energy’s shares have advanced 8.25% in the last one month and 0.84% on an YTD basis. The Company is trading above its 50-day moving average by 5.22%. Furthermore, the stock has an RSI of 51.39. Trade Alert on PGH is available for free at:
http://valuableinvestment.com/PGH
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