News Feed Item

Oil and Gas Exploration and Production Equities under Review -- Denbury Resources, EOG Resources, PDC Energy, Ivanhoe Energy, and Ultra Petroleum

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

LONDON, August 7, 2014 /PRNewswire/ --

On Wednesday, August 06, 2014, the NASDAQ Composite ended at 4,355.05, up 0.05%, the Dow Jones Industrial Average finished the day 0.08% higher at 16,443.34, and the S&P 500 closed flat at 1,920.24. However, the gains were not broad based as six out of ten sectors ended the session in negative. The S&P 500 Energy Sector Index ended the day at 696.66, up 0.39%, while the index has declined 4.62% in the last one month. Investor-Edge has initiated coverage on the following equities: Denbury Resources Inc. (NYSE: DNR), EOG Resources Inc. (NYSE: EOG), PDC Energy Inc. (NASDAQ: PDCE), Ivanhoe Energy Inc. (NASDAQ: IVAN), and Ultra Petroleum Corporation (NYSE: UPL). Free research on these five companies can be accessed at:  


On Wednesday, Denbury Resources Inc.'s stock recorded a trading volume of 8.26 million shares, higher than its three months average volume of 3.56 million shares. The stock finished the day at $16.66, down 1.36%, and registered an intraday range of $16.37 and $17.06. Shares of Denbury Resources Inc. have declined 8.71% in the last one month and 3.76% in the past three months. However, the stock has advanced 1.40% on YTD basis. Furthermore, the company's shares are trading below their 50-day and 200-day moving averages. The stock's 50-day moving average of $17.57 is above its 200-day moving average of $17.01. Additionally, shares of Denbury Resources Inc. traded at a PE ratio of 13.68 and have a Relative Strength Index (RSI) of 39.08. Sign up and read the free notes on DNR at:


EOG Resources Inc.'s stock fell by 1.83%, to close Wednesday's session at $106.64, after oscillating between $105.63 and $108.51. The stock recorded a trading volume of 5.01 million shares, above its three months average volume of 2.98 million shares. Over the last one month, EOG Resources Inc.'s shares have fallen by 8.66%. However, over the past three months and from the beginning of 2014, the stock has gone up 2.90% and 27.07%, respectively. The stock is trading above its 200-day moving average. The stock's 50-day moving average of $112.88 is above its 200-day moving average of $96.30. Further, EOG Resources Inc.'s stock traded at a PE ratio of 21.55 and has an RSI of 39.20. The complimentary notes on EOG can be downloaded as in PDF format at:


On Wednesday, shares in PDC Energy Inc. finished the session 0.59% lower at $56.87. A total of 0.82 million shares were traded, which was close to its three months average volume of 0.86 million shares. The stock moved between $56.26 and $58.00 during the session. Over the past three trading sessions and since the start of this year, PDC Energy Inc.'s shares have surged 5.88% and 6.86%, respectively. However, the stock has plummeted 5.97% over the last one month. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $60.92 is greater than its 200-day moving average of $58.92. Shares of PDC Energy Inc. traded at a PE ratio of 58.63 and have an RSI of 49.99. Register for free on Investor-Edge and access the latest research on PDCE at:


Ivanhoe Energy Inc.'s stock fluctuated between $0.23 and $0.24 before ending Wednesday's session up 0.34%, at $0.23. The stock reported a trading volume of 0.18 million shares, below its three months average volume of 0.49 million shares. Further, Ivanhoe Energy Inc.'s shares have lost 40.31% over the last one month and 53.69% over the past three months. Also, the stock has declined 62.45% on YTD basis. The stock is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $0.50 is greater than its 50-day moving average of $0.35. Moreover, shares of Ivanhoe Energy Inc. have an RSI of 33.08. The complete research on IVAN is available for free at:


Ultra Petroleum Corp.'s stock advanced 1.17%, to close Wednesday's session at $23.41, after vacillating between $22.79 and $23.50. The stock recorded a trading volume of 3.23 million shares, above its three months average volume of 2.95 million shares. Over the last one month and past three months, Ultra Petroleum Corp.'s shares have fallen by 20.32% and 21.99%, respectively. However, from the beginning of 2014, the stock has gained 8.13%. The company's shares are  trading below their 50-day and 200-day moving averages. The stock's 50-day moving average of $27.06 is above its 200-day moving average of $24.59. Further, Ultra Petroleum Corp.'s stock traded at a PE ratio of 10.96 and has an RSI of 22.36. Free in depth research on UPL is available at:


About Investor-Edge.com 

At Investor-Edge, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Investor-Edge comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.




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 produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. 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.


Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge, represented by Rohit Tuli, CFA. An outsourced research services provider 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.


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.


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
Rapid innovation, changing business landscapes, and new IT demands force businesses to make changes quickly. In the eyes of many, containers are at the brink of becoming a pervasive technology in enterprise IT to accelerate application delivery. In this presentation, you'll learn about the: The transformation of IT to a DevOps, microservices, and container-based architecture What are containers and how DevOps practices can operate in a container-based environment A demonstration of how Docke...
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, will deep dive into best practices that will ensure a successful smart city journey.
The Internet of Things (IoT) promises to simplify and streamline our lives by automating routine tasks that distract us from our goals. This promise is based on the ubiquitous deployment of smart, connected devices that link everything from industrial control systems to automobiles to refrigerators. Unfortunately, comparatively few of the devices currently deployed have been developed with an eye toward security, and as the DDoS attacks of late October 2016 have demonstrated, this oversight can ...
President Obama recently announced the launch of a new national awareness campaign to "encourage more Americans to move beyond passwords – adding an extra layer of security like a fingerprint or codes sent to your cellphone." The shift from single passwords to multi-factor authentication couldn’t be timelier or more strategic. This session will focus on why passwords alone are no longer effective, and why the time to act is now. In his session at 19th Cloud Expo, Chris Webber, security strateg...
Two weeks ago (November 3-5), I attended the Cloud Expo Silicon Valley as a speaker, where I presented on the security and privacy due diligence requirements for cloud solutions. Cloud security is a topical issue for every CIO, CISO, and technology buyer. Decision-makers are always looking for insights on how to mitigate the security risks of implementing and using cloud solutions. Based on the presentation topics covered at the conference, as well as the general discussions heard between sessi...
November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Penta Security is a leading vendor for data security solutions, including its encryption solution, D’Amo. By using FPE technology, D’Amo allows for the implementation of encryption technology to sensitive data fields without modification to schema in the database environment. With businesses having their data become increasingly more complicated in their mission-critical applications (such as ERP, CRM, HRM), continued ...
In the 21st century, security on the Internet has become one of the most important issues. We hear more and more about cyber-attacks on the websites of large corporations, banks and even small businesses. When online we’re concerned not only for our own safety but also our privacy. We have to know that hackers usually start their preparation by investigating the private information of admins – the habits, interests, visited websites and so on. On the other hand, our own security is in danger bec...
In his general session at 18th Cloud Expo, Lee Atchison, Principal Cloud Architect and Advocate at New Relic, discussed cloud as a ‘better data center’ and how it adds new capacity (faster) and improves application availability (redundancy). The cloud is a ‘Dynamic Tool for Dynamic Apps’ and resource allocation is an integral part of your application architecture, so use only the resources you need and allocate /de-allocate resources on the fly.
SYS-CON Events announced today that Cloudbric, a leading website security provider, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Cloudbric is an elite full service website protection solution specifically designed for IT novices, entrepreneurs, and small and medium businesses. First launched in 2015, Cloudbric is based on the enterprise level Web Application Firewall by Penta Security Sys...
SYS-CON Events announced today that Impiger Technologies will exhibit in Booth #109 at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Impiger Technologies is a world-class, enterprise software product engineering company specializing in Mobile Application Development, Cloud Applications, Microsoft Technology Solutions, Web Technology and Telecom Services. Impiger Technologies helps enterprises improve busi...
Virgil consists of an open-source encryption library, which implements Cryptographic Message Syntax (CMS) and Elliptic Curve Integrated Encryption Scheme (ECIES) (including RSA schema), a Key Management API, and a cloud-based Key Management Service (Virgil Keys). The Virgil Keys Service consists of a public key service and a private key escrow service. 

SYS-CON Events announced today that Cemware will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Use MATLAB functions by just visiting website mathfreeon.com. MATLAB compatible, freely usable, online platform services. As of October 2016, 80,000 users from 180 countries are enjoying our platform service.
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
SYS-CON Events announced today that eCube Systems, the leading provider of modern development tools and best practices for Continuous Integration on OpenVMS, will exhibit at SYS-CON's @DevOpsSummit at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. eCube Systems offers a family of middleware products and development tools that maximize return on technology investment by leveraging existing technical equity to meet evolving business needs. ...
SYS-CON Events announced today that MathFreeOn will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. MathFreeOn is Software as a Service (SaaS) used in Engineering and Math education. Write scripts and solve math problems online. MathFreeOn provides online courses for beginners or amateurs who have difficulties in writing scripts. In accordance with various mathematical topics, there are more tha...