Welcome!

News Feed Item

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

Editor Note: For more information about this release, please scroll to bottom

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:

http://www.investor-edge.com/1703-register

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:

http://www.investor-edge.com/1703-CXO-25Apr2014.pdf

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:

http://www.investor-edge.com/1703-AR-25Apr2014.pdf

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:

http://www.investor-edge.com/1703-NOG-25Apr2014.pdf

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:

http://www.investor-edge.com/1703-BBG-25Apr2014.pdf


===============
EDITOR'S NOTES:
===============

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

2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.

COMPLIANCE PROCEDURE
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.

NOT FINANCIAL ADVICE
Investor-Edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED
Investor-Edge is 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 by Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge does 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.

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


SOURCE Investor-Edge

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
Just over a week ago I received a long and loud sustained applause for a presentation I delivered at this year’s Cloud Expo in Santa Clara. I was extremely pleased with the turnout and had some very good conversations with many of the attendees. Over the next few days I had many more meaningful conversations and was not only happy with the results but also learned a few new things. Here is everything I learned in those three days distilled into three short points.
What are the new priorities for the connected business? First: businesses need to think differently about the types of connections they will need to make – these span well beyond the traditional app to app into more modern forms of integration including SaaS integrations, mobile integrations, APIs, device integration and Big Data integration. It’s important these are unified together vs. doing them all piecemeal. Second, these types of connections need to be simple to design, adapt and configure...
Why do your mobile transformations need to happen today? Mobile is the strategy that enterprise transformation centers on to drive customer engagement. In his general session at @ThingsExpo, Roger Woods, Director, Mobile Product & Strategy – Adobe Marketing Cloud, covered key IoT and mobile trends that are forcing mobile transformation, key components of a solid mobile strategy and explored how brands are effectively driving mobile change throughout the enterprise.
“We're a global managed hosting provider. Our core customer set is a U.S.-based customer that is looking to go global,” explained Adam Rogers, Managing Director at ANEXIA, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Adobe is changing the world though digital experiences. Adobe helps customers develop and deliver high-impact experiences that differentiate brands, build loyalty, and drive revenue across every screen, including smartphones, computers, tablets and TVs. Adobe content solutions are used daily by millions of companies worldwide-from publishers and broadcasters, to enterprises, marketing agencies and household-name brands. Building on its established design leadership, Adobe enables customers not o...
SYS-CON Events announced today the Enterprise IoT Bootcamp, being held November 1-2, 2016, in conjunction with 19th Cloud Expo | @ThingsExpo at the Santa Clara Convention Center in Santa Clara, CA. Combined with real-world scenarios and use cases, the Enterprise IoT Bootcamp is not just based on presentations but with hands-on demos and detailed walkthroughs. We will introduce you to a variety of real world use cases prototyped using Arduino, Raspberry Pi, BeagleBone, Spark, and Intel Edison. Y...
Ask someone to architect an Internet of Things (IoT) solution and you are guaranteed to see a reference to the cloud. This would lead you to believe that IoT requires the cloud to exist. However, there are many IoT use cases where the cloud is not feasible or desirable. In his session at @ThingsExpo, Dave McCarthy, Director of Products at Bsquare Corporation, will discuss the strategies that exist to extend intelligence directly to IoT devices and sensors, freeing them from the constraints of ...
SYS-CON Events announced today that Sheng Liang to Keynote at SYS-CON's 19th Cloud Expo, which will take place on November 1-3, 2016 at the Santa Clara Convention Center in Santa Clara, California.
Technology vendors and analysts are eager to paint a rosy picture of how wonderful IoT is and why your deployment will be great with the use of their products and services. While it is easy to showcase successful IoT solutions, identifying IoT systems that missed the mark or failed can often provide more in the way of key lessons learned. In his session at @ThingsExpo, Peter Vanderminden, Principal Industry Analyst for IoT & Digital Supply Chain to Flatiron Strategies, will focus on how IoT de...
Complete Internet of Things (IoT) embedded device security is not just about the device but involves the entire product’s identity, data and control integrity, and services traversing the cloud. A device can no longer be looked at as an island; it is a part of a system. In fact, given the cross-domain interactions enabled by IoT it could be a part of many systems. Also, depending on where the device is deployed, for example, in the office building versus a factory floor or oil field, security ha...
24Notion is full-service global creative digital marketing, technology and lifestyle agency that combines strategic ideas with customized tactical execution. With a broad understand of the art of traditional marketing, new media, communications and social influence, 24Notion uniquely understands how to connect your brand strategy with the right consumer. 24Notion ranked #12 on Corporate Social Responsibility - Book of List.
Businesses are struggling to manage the information flow and interactions between all of these new devices and things jumping on their network, and the apps and IT systems they control. The data businesses gather is only helpful if they can do something with it. In his session at @ThingsExpo, Chris Witeck, Principal Technology Strategist at Citrix, will discuss how different the impact of IoT will be for large businesses, expanding how IoT will allow large organizations to make their legacy ap...
Fact is, enterprises have significant legacy voice infrastructure that’s costly to replace with pure IP solutions. How can we bring this analog infrastructure into our shiny new cloud applications? There are proven methods to bind both legacy voice applications and traditional PSTN audio into cloud-based applications and services at a carrier scale. Some of the most successful implementations leverage WebRTC, WebSockets, SIP and other open source technologies. In his session at @ThingsExpo, Da...
What does it look like when you have access to cloud infrastructure and platform under the same roof? Let’s talk about the different layers of Technology as a Service: who cares, what runs where, and how does it all fit together. In his session at 18th Cloud Expo, Phil Jackson, Lead Technology Evangelist at SoftLayer, an IBM company, spoke about the picture being painted by IBM Cloud and how the tools being crafted can help fill the gaps in your IT infrastructure.