Coverage Initiated on Independent Oil and Gas Kelt Exploration, Spartan Energy, Painted Pony Petroleum Ltd., and Raging River Exploration

LONDON, UK / ACCESSWIRE / July 28, 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 Independent Oil & Gas industry. Companies recently under review include Kelt Exploration, Spartan Energy Corp., Painted Pony Petroleum, and Raging River Exploration. Get all of our research notes free by signing up at: http://www.activewallst.com/register/.

On Wednesday, July 27, 2016, the TSX Composite Index edged 0.02% lower, to finish at 14,546.54. At the close yesterday, the energy index was down 1.58%, finishing at 249.06.

Active Wall St. has initiated coverage on the following equities: Kelt Exploration Ltd (TSX: KEL), Spartan Energy Corporation (TSX: SPE), Painted Pony Petroleum Ltd (TSX: PPY), and Raging River Exploration Inc. (TSX: RRX). Register with us now for your free membership and more at: http://www.activewallst.com/register/.

Kelt Exploration Ltd. (TSX: KEL)

Calgary, Canada headquartered oil and gas company, Kelt Exploration Ltd.’s stock finished Wednesday’s session 1.83% lower at $4.30 with a total volume of 416,574 shares traded. Over the last one month, Kelt Exploration’s shares have lost 2.93%. Shares of the Company, which engages in the exploration, development, and production of crude oil and natural gas resources primarily in west central Alberta and northeastern British Columbia, Canada, are trading above its 200-day moving average. Kelt Exploration’s 50-day moving average of $4.74 is above its 200-day moving average of $4.14. See our notes on KEL.TO at: http://www.activewallst.com/registration-3/?symbol=KEL.

Spartan Energy Corp. (TSX: SPE)

Calgary, Canada headquartered Spartan Energy Corp.’s stock fell 2.14%, to close the day at $3.20. The stock recorded a trading volume of 725,513 shares. Spartan Energy’s shares have advanced 2.56% in the last one month and 9.59% in the past three months. Furthermore, the stock has gained 25.98% in the previous one year. Shares of the company, which operates as an oil and natural gas exploration and production company in Canada and the U.S., are trading above their 200-day moving average. Moreover, the stock’s 50-day moving average of $3.31 is greater than its 200-day moving average of $2.86. The complimentary notes on SPE.TO at: http://www.activewallst.com/registration-3/?symbol=SPE.

Painted Pony Petroleum Ltd. (TSX: PPY)

On Wednesday, shares in Painted Pony Petroleum Ltd ended the session 2.10% lower at $7.91 with a total volume of 541,507 shares traded. Shares of Painted Pony Petroleum, which explores for, develops, and produces petroleum and natural gas resources in western Canada, have gained 3.81% in the last one month, 34.98% in the previous three months, and 15.64% in the past one year. The stock is trading above its 50-day and 200-day moving averages. The company’s 50-day moving average of $7.79 is greater than its 200-day moving average of $5.55. Register for free and access the latest notes on PPY.TO at: http://www.activewallst.com/registration-3/?symbol=PPY.

Raging River Exploration Inc. (TSX: RRX)

On Wednesday, shares in junior oil and gas production Calgary, Canada headquartered company, Raging River Exploration Inc. recorded a trading volume of 888,414 shares, which was higher than their three months average volume of 808,919 shares. The stock ended the day 1.18% higher at $10.29. Raging River Exploration’s stock has advanced 1.98% in the last one month and 3.63% in the previous three months. Furthermore, the stock has surged 36.11% in the past one year. The Company is trading above its 200-day moving average. The stock’s 50-day moving average of $10.41 is above its 200-day moving average of $9.70. Shares of the Company, which engages in the exploration, development, and production of crude oil and natural gas properties in Western Canada, traded at a PE ratio of 103.94. Get free access to your notes on RRX.TO at: http://www.activewallst.com/registration-3/?symbol=RRX.

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