Coverage Initiated on Oil and Gas Stocks Canadian Natural Resources, Seven Generations Energy, AltaGas, and Inter Pipeline

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 Canadian Natural Resources Limited, Seven Generations Energy, AltaGas Ltd., and Inter Pipeline Ltd. 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. Active Wall St. has initiated coverage on the following equities: Canadian Natural Resources Ltd. (TSX: CNQ), Seven Generations Energy Ltd. (TSX: VII), AltaGas Ltd. (TSX: ALA), and Inter Pipeline Ltd. (TSX: IPL).

Canadian Natural Resources Limited (TSX: CNQ)

Calgary, Canada headquartered Canadian Natural Resources Ltd.’s stock finished Tuesday’s session 0.08% higher at $39.77 with a total volume of 2.58 million shares traded. Over the last one month and the previous three months, Canadian Natural Resources Ltd.’s shares have advanced 5.60% and 2.76%, respectively. Furthermore, the Company’s stock has gained 30.95% in the past one year. Shares of the Company, which acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids, are trading above its 50-day and 200-day moving averages. Canadian Natural Resources’ 50-day moving average of $39.44 is above its 200-day moving average of $34.75. See our notes on CNQ.TO at: http://www.activewallst.com/registration-3/?symbol=CNQ.

Seven Generations Energy Ltd. (TSX: VII)

Calgary, Canada headquartered independent petroleum company, Seven Generations Energy Ltd.’s stock advanced 1.54%, to close the day at $26.98. The stock recorded a trading volume of 2.15 million shares, which was above its three months average volume of 728,157 shares. Seven Generations Energy’s shares have surged 11.81% in the last one month, 22.64% in the past three months and 92.17% in the previous one year. The company’s shares are trading above their 50-day and 200-day moving averages. Moreover, the stock’s 50-day moving average of $25.96 is greater than its 200-day moving average of $20.89. Shares of the Company, which focuses on the acquisition, exploration, development, and production of oil and natural gas properties in western Canada, traded at a PE ratio of 202.86. The complimentary notes on VII.TO at: http://www.activewallst.com/registration-3/?symbol=VII.

AltaGas Ltd. (TSX: ALA)

On Tuesday, shares in AltaGas Ltd. Calgary, Canada headquartered ended the session 0.24% lower at $32.75 with a total volume of 360,623 shares traded. AltaGas’ shares have advanced 7.98% in the last one month and 7.80% in the previous three months. The stock is trading above its 50-day and 200-day moving averages. The company’s 200-day moving average of $31.27 is greater than its 50-day moving average of $31.17. Shares of AltaGas, which operates as a diversified energy infrastructure company in North America, traded at a PE ratio of 129.96. Register for free and access the latest notes on ALA.TO at: http://www.activewallst.com/registration-3/?symbol=ALA.

Inter Pipeline Ltd. (TSX: IPL)

On Tuesday, shares in Calgary, Canada headquartered Inter Pipeline Ltd. recorded a trading volume of 327,192 shares. The stock ended the day 0.29% higher at $27.30. Inter Pipeline’s stock has advanced 4.68% in the last one month, 1.45% in the previous three months and 1.83% in the past one year. The Company is trading above its 200-day moving average. The stock’s 50-day moving average of $27.33 is above its 200-day moving average of $25.31. Shares of the Company, which engages in the petroleum transportation, natural gas liquids extraction, and bulk liquid storage businesses in Canada and Europe, traded at a PE ratio of 22.40. Get free access to your notes on IPL.TO at: http://www.activewallst.com/registration-3/?symbol=IPL.

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