Coverage Initiated on Basic Materials Stocks Whitecap Resources, Veresen, TORC Oil and Gas, and Gibson Energy

LONDON, UK / ACCESSWIRE / July 27, 2016 / Active Wall St. announces the list of stocks for today’s coverage. Pre-market the Active Wall St. team provides the technical notes impacting selected stocks trading on the Toronto Exchange and belonging under the Basic Materials sector. Companies recently under review include Whitecap Resources, Veresen Inc., TORC Oil & Gas, and Gibson Energy. Get all of our research notes free by signing up at: http://www.activewallst.com/register/.

On Tuesday, July 26, 2016, the TSX Composite Index edged 0.36% higher to finish at 14,550.00. The Energy Index closed Tuesday’s session slightly higher by 0.51% at 188.06.

Active Wall St. has initiated coverage on the following equities: Whitecap Resources Inc. (TSX: WCP), Veresen Inc. (TSX: VSN), TORC Oil & Gas Ltd (TSX: TOG), and Gibson Energy Inc. (TSX: GEI). Register with us now for your free membership and more at: http://www.activewallst.com/register/.

Whitecap Resources Inc. (TSX: WCP)

On Tuesday, shares in Calgary, Canada headquartered Whitecap Resources Inc., which acquires, develops, optimizes, and produces crude oil and natural gas in western Canada, recorded a trading volume of 3.40 million shares, which was higher than their three months average volume of 2.16 million shares. The stock ended the day 0.21% lower at $9.41. Whitecap Resources’ stock has fallen by 1.67% in the last one month. The Company is trading above its 200-day moving average. The stock’s 50-day moving average of $9.93 is above its 200-day moving average of $8.69. See our notes on WCP.TO at: http://www.activewallst.com/registration-3/?symbol=WCP.

Veresen Inc. (TSX: VSN)

Calgary, Canada headquartered Veresen Inc.’s stock finished Tuesday’s session 0.09% higher at $10.80 with a total volume of 614,992 shares traded. Over the last one month and the previous three months, Veresen’s shares have advanced 5.57% and 18.03%, respectively. Shares of the Company are trading above its 200-day moving average. Veresen’s 50-day moving average of $10.88 is above its 200-day moving average of $9.11. Shares of the Company, which operates as an energy infrastructure company in North America, traded at a PE ratio of 186.21. The complimentary notes on VSN.TO at: http://www.activewallst.com/registration-3/?symbol=VSN.

TORC Oil & Gas Ltd. (TSX: TOG)

Calgary, Canada headquartered TORC Oil & Gas Ltd.’s stock declined 3.31% to close the day at $7.02. The stock recorded a trading volume of 1.78 million shares, which was above its three months average volume of 949,819 shares. TORC Oil & Gas’ shares have advanced 3.39% in the previous one year. Shares of the company, which engages in the exploration and production of petroleum and natural gas in the Western Canadian Sedimentary Basin, are trading below their 50-day and 200-day moving averages. The stock’s 50-day moving average of $8.13 is greater than its 200-day moving average of $7.21. Register for free and access the latest notes on TOG.TO at: http://www.activewallst.com/registration-3/?symbol=TOG.

Gibson Energy Inc. (TSX: GEI)

On Tuesday, shares in Calgary, Canada headquartered Gibson Energy Inc. ended the session 0.34% higher at $14.81 with a total volume of 292,318 shares traded. Shares of Gibson Energy, which provides movement, storage, blending, processing, marketing, and distribution of crude oil, condensate, natural gas liquids, water, oilfield waste, and refined products in Canada and the U.S., have advanced 0.68% in the last one month. The stock is trading below its 50-day and 200-day moving averages. The company’s 200-day moving average of $16.02 is greater than its 50-day moving average of $15.12. Get free access to your notes on GEI.TO at: http://www.activewallst.com/registration-3/?symbol=GEI.

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