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Energy Sector Stocks Technical Review -- Research on Concho Resources, Antero Resources, Northern Oil and Gas, and Bill Barrett

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LONDON, April 25, 2014 /PRNewswire/ --

On Thursday, April 24, 2014, the NASDAQ Composite ended at 4,148.34, up 0.52%, the Dow Jones Industrial Average finished the day flat at 16,501.65, and the S&P 500 closed at 1,878.61, up 0.17%. The gains were narrow based as four out of ten sectors ended the session in positive. The S&P 500 Energy Sector Index ended the day at 684.62, down 0.10%; while the index advanced 7.61% in the last one month. Investor-Edge has initiated coverage on the following equities: Concho Resources Inc. (NYSE: CXO), Antero Resources Corp. (NYSE: AR), Northern Oil and Gas Inc. (NYSE MKT: NOG) and Bill Barrett Corp. (NYSE: BBG). Free technical research on CXO, AR, NOG and BBG can be downloaded upon signing up at:

On Thursday, shares of Concho Resources Inc. fluctuated between $132.79 and $135.33 before ending the session 0.66% higher at $133.60, hitting a new 52-week high of $135.33. The company's stock reported a trading volume of 1.22 million shares, which was above its three months average volume of 1.19 million shares. Shares of the company traded at a PE ratio of 33.20. Concho Resources Inc.'s shares have rallied 11.82% in the last one month, 37.89% in the last three months and 23.70% on YTD basis. The stock is trading above its 50-day and 200-day moving averages, while Concho Resources Inc.'s 50-day moving average of $121.16 is above its 200-day moving average of $106.73. Moreover, shares of the company have a Relative Strength Index (RSI) of 65.69. Sign up today to read free research on CXO at:

Antero Resources Corp.'s stock finished the Thursday's session 0.41% lower at $63.29. A total of 1.45 million shares were traded, which was above its three months average volume of 0.89 million shares. The stock moved between $62.34 and $64.17 during the trading session. Over the last one month and since the beginning of this year, Antero Resources Corp.'s shares have declined 3.67% and 0.24%, respectively. However, over the past three months, the company's stock has advanced 9.14%. The company's shares are trading above its 50-day moving average of $61.59. Antero Resources Corp.'s stock has an RSI of 51.89. Sign up today to read free research on AR at:

On Thursday, shares of Northern Oil and Gas Inc. recorded a trading volume of 0.88 million shares, close to its three months average volume of 0.85 million shares. The stock ended the day at $15.38, which was 2.12% above its previous day's closing of $15.06, and registered an intraday range of $15.01 and $15.40. Shares of the company traded at a PE ratio of 14.64. Northern Oil and Gas Inc.'s shares have gained 1.25% in the past three trading sessions and 11.53% in the last one month; the same has also advanced 2.06% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $14.50 and $14.58, respectively. Furthermore, shares of the company have an RSI of 59.38. Sign up today to read free research on NOG at:

Bill Barrett Corp.'s stock edged 0.85% higher, to close the day at $24.79. The stock recorded a trading volume of 0.66 million shares, which was below its three months average volume of 1.51 million shares. The stock vacillated between $24.32 and $25.33 during the trading session. Over the last one month and previous three months, Bill Barrett Corp.'s shares have lost 4.25% and 11.97%, respectively. Also, the stock has fallen by 7.43% since the start of this year. The stock is trading above its 50-day moving average of $24.76, while the 50-day moving average is below Bill Barrett Corp.'s 200-day moving average of $25.15. Additionally, the stock traded at a PE ratio of 137.35 and has an RSI of 49.05. Sign up today to read free research on BBG at:


1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

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Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

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