Coverage Initiated on Oil and Gas Stocks Pengrowth Energy, Enerplus, ARC Resources, and Bonavista Energy

LONDON, UK / ACCESSWIRE / July 25, 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 Pengrowth Energy, Enerplus, ARC Resources, and Bonavista Energy. Get all of our research notes free by signing up at: http://www.activewallst.com/register/.

On Friday, July 22, 2016, the TSX Composite Index edged 0.24% higher, to finish at 14,600.66. Active Wall St. has initiated coverage on the following equities: Pengrowth Energy Corporation (TSX: PGF), Enerplus Corporation (TSX: ERF), ARC Resources Ltd (TSX: ARX), and Bonavista Energy Corporation (TSX: BNP). Register with us now for your free membership and more at: http://www.activewallst.com/register/.

Pengrowth Energy Corp. (TSX: PGF)

Calgary, Canada headquartered Pengrowth Energy Corp.’s stock finished Friday’s session 0.99% lower at $2.01 with a total volume of 949,030 shares traded. The Company’s stock has gained 12.92% in the past three months. Shares of the Company, which engages in the acquisition, exploration, development, and production of oil and natural gas assets in the Alberta, British Columbia, Saskatchewan, and Nova Scotia provinces in Canada, are trading above its 200-day moving average. Pengrowth Energy’s 50-day moving average of $2.32 is above its 200-day moving average of $1.67. See our notes on PGF.TO at: http://www.activewallst.com/registration-3/?symbol=PGF.

Enerplus Corp. (TSX: ERF)

Calgary, Canada headquartered Enerplus Corp.’s stock edged 0.59% lower, to close the day at $8.39. The stock recorded a trading volume of 574,397 shares. Shares of Enerplus Corp., which together with its subsidiaries, engage in the exploration and development of crude oil and natural gas in the U.S. and Canada, have gained 0.60% in the last one month and 27.90% in the past three months. The company’s shares are trading above their 50-day and 200-day moving averages. Moreover, the stock’s 50-day moving average of $8.20 is greater than its 200-day moving average of $5.91. The complimentary notes on ERF.TO at: http://www.activewallst.com/registration-3/?symbol=ERF.

ARC Resources Ltd (TSX: ARX)

On Friday, shares in Calgary, Canada headquartered ARC Resources Ltd ended the session 2.00% higher at $23.47 with a total volume of 478,286 shares traded. ARC Resources Ltd’s shares have gained 8.26% in the last one month; 13.82% in the previous three months; and 22.18% in the past one year. Shares of the company, which together with its subsidiaries, acquire, explore, develop, and produce crude oil, natural gas, and natural gas liquids in Western Canada, are trading above its 50-day and 200-day moving averages. The stock’s 50-day moving average of $21.93 is greater than its 200-day moving average of $19.58. Register for free and access the latest notes on ARX.TO at: http://www.activewallst.com/registration-3/?symbol=ARX.

Bonavista Energy Corp. (TSX: BNP)

On Friday, shares in Calgary, Canada-based Bonavista Energy Corp. recorded a trading volume of 1.40 million shares. The stock ended the day 4.84% higher at $3.90. Bonavista Energy Corp.’s stock has surged 15.73% in the last one month and 33.11% in the previous three months. Shares if the Company, which engages in the acquisition, exploration, development, and production of oil and natural gas properties and assets in Western Canada, are trading above its 50-day and 200-day moving averages. The company stock’s 50-day moving average of $3.42 is above its 200-day moving average of $2.68. Get free access to your notes on BNP.TO at: http://www.activewallst.com/registration-3/?symbol=BNP.

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@activewallst.com
Phone number: 1-858-257-3144
Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active Wall Street

ReleaseID: 442772