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Featured Research Report on Oil and Gas Drilling and Exploration’s Stocks

LONDON, UK / ACCESSWIRE / June 9, 2016 / ActiveWallSt.com announces the list of stocks for today’s research coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the Oil & Gas Drilling & Exploration industry. Companies recently under review include Bill Barrett, Enerplus, Concho Resources, and RSP Permian. Register with us now for your free membership and see our complete reports on these equities at:

http://www.activewallst.com/register/

Today, ActiveWallSt.com is promoting its equity research coverage. Get all of our research report free by signing up to http://www.activewallst.com/register/.

Increased activities in the Oil and Gas Drilling and Exploration space are a key driver in the industry’s overall performance so far this year. Despite a challenging environment, several companies remain attractive to the investor community. Let us see how this is affecting some of the big names in the industry. Register for our free membership and complimentary access to the research reports by clicking the link below:

http://www.activewallst.com/register/

Let us take a brief technical look at how each of the companies mentioned above have fared over the last few trading sessions.

Bill Barrett Corp. (NYSE: BBG)

At the close on Wednesday, shares in Denver, Colorado headquartered independent energy Company, Bill Barrett Corp. rose 6.24%, ending the day at $8.86. The stock recorded a trading volume of 2.62 million shares, which was higher than its three months average volume of 1.67 million shares. The Company’s shares have advanced 35.06% in the last one month, 67.49% in the previous three months, and 125.45% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 22.58% and 72.36%, respectively. Moreover, shares of Bill Barrett have a Relative Strength Index (RSI) of 68.77. On June 3rd, 2016, research firm Wunderlich reiterated its ‘Buy’ rating with an increase of the target price to $10 a share from $9 a share for the Company’s stock.

Enerplus Corp. (NYSE: ERF)

Shares in Calgary Canada-based Enerplus Corp., which explores and develops crude oil and natural gas in the U.S. and Canada, ended the day at $6.44 which was a correction of 2.57%. A total volume of 2.02 million shares was traded, which was above their three months average volume of 1.73 million shares. In the last month and the previous three months, the stock has gained 22.63% and 79.83%, respectively. Moreover, the Company’s shares have advanced 92.23% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 29.26% and 48.43%, respectively. Furthermore, shares of Enerplus have an RSI of 70.66. On June 06th, 2016, research firm Macquarie upgraded the Company’s stock ratings from ‘Neutral’ to ‘Outperform’.

Concho Resources Inc. (NYSE: CXO)

On Wednesday, shares in Midland, Texas headquartered independent oil and natural gas Company, Concho Resources Inc., finished 0.02% higher at $126.29. A total volume of 1.80 million shares was traded, which was above their three months average volume of 1.48 million shares. The stock has advanced 11.24% in the last one month, 30.63% over the previous three months, and 36.00% since the start of this year. The Company’s shares are trading above their 50-day and 200-day moving averages by 11.54% and 22.33%, respectively. Additionally, shares of Concho Resources have an RSI of 70.17. On June 07th, 2016, research firm Seaport Global Securities upgraded the Company’s stock ratings from ‘Neutral’ to ‘Accumulate’.

RSP Permian Inc. (NYSE: RSPP)

Dallas, Texas-based independent oil and natural gas Company, RSP Permian Inc.’s shares recorded a trading volume of 1.70 million shares at the end of yesterday’s session, which was higher than their three months average volume of 1.46 million shares. The stock closed the day at $35.62, gaining 0.68%. The Company’s shares have advanced 16.86% in the last one month, 36.01% in the previous three months, and 46.04% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 13.77% and 36.03%, respectively. Additionally, shares of RSP Permian have an RSI at 72.61.

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SOURCE: Active Wall Street

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