Market Signals Most Active Stocks Within the Oil and Gas Sector

LONDON, UK / ACCESSWIRE / June 30, 2016 / Active Wall St announces its coverage of market signals with highlight on these most active stocks from Wednesday’s session: The Chesapeake Energy Corporation (NYSE: CHK), Marathon Oil Corporation (NYSE: MRO), and Denbury Resources Inc. (NYSE: DNR). Register with us now for your free membership and get more on our signal alerts at:

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Oil Price Update

Crude Oil prices jumped on Wednesday, June 29, 2016, with Brent crude rising above the psychological $50 a barrel mark, after the U.S. Energy Information Administration reported that domestic crude supplies fell by 4.1 million barrels for the week ended June 24, 2016. Waning concerns over Britain’s exit from the European Union, prospects of oil workers’ strike in Norway and a crisis in Venezuela’s energy sector added to the rise in crude futures.

Today, AWS is promoting its market signals coverage with emphasis on CHK, MRO, and DNR. Get all of our reports for free by signing up to http://www.activewallst.com/register/

Here we take a look at some of the most active share in the Oil & Gas Sector.

Most Active – Chesapeake Energy

On Wednesday, shares in Chesapeake Energy Corp. ended the trading session at $4.42, up 3.27% above its previous day’s closing. Chesapeake Energy’s stock recorded trading volume of 29.66 million shares, lower than its three months average volume of 40.93 million shares. The stock oscillated between an intraday range of $4.33 and $4.50. Chesapeake Energy’s shares are up 7.28% in the last three months. The company’s stock is trading 8.45% and 12.88% below its 50-day and 200- day moving average.

Most Active – Marathon Oil

Shares of Marathon Oil Corporation ended Wednesday’s trading session 2.44% higher at $15.14. A total of 24.14 million shares were traded, which was above its three months average volume of 22.23 million shares. The stock vacillated between $14.84 and $15.45 during the session. Over the last one month and the previous three months, Marathon Oil’s shares have increased 15.84% and 36.46%, respectively. Furthermore, since the beginning of 2016, the company’s stock has advanced 21.61%. The company’s shares are trading 12.72% above its 50-day average and 14.57% above its 20-day moving average.

Most Active – Denbury Resources

On Wednesday, shares in Denbury Resources Inc. recorded a trading volume of 15.73 million shares, which was above its three months average volume of 13.79 million shares. The stock ended the day at $3.80, which was 1.55% lower than its previous closing price. The stock registered an intraday range of $3.79 and $4.06. Denbury Resources’ shares have gained 71.17% and 88.12, in the previous three months and YTD, respectively. Denbury Resources’ stock is trading 53.52 times its forward P/E ratio and is 31.58% above its 200-day moving averages Furthermore, shares of the company have an RSI of 43.29.

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