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Oil and Gas Exploration and Production Stocks on our Scanner -- Penn West Petroleum, BPZ Resources, Murphy Oil, Comstock Resources, and Diamondback Energy

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LONDON, August 11, 2014 /PRNewswire/ --

On Friday, Aug 08, 2014, the NASDAQ Composite ended at 4,370.90, up 0.83%, the Dow Jones Industrial Average finished the session at 16,553.93, up 1.13% and the S&P 500 closed at 1,931.59, up 1.15%. During the trading session, all the ten sectors finished on a higher note. The S&P 500 Energy Sector Index ended the day 1.68% higher at 703.50, while the index has declined 1.92% in the previous one month. Investor-Edge has initiated coverage on the following equities: Penn West Petroleum Ltd (NYSE: PWE), BPZ Resources Inc. (NYSE: BPZ), Murphy Oil Corp. (NYSE: MUR), Comstock Resources Inc. (NYSE: CRK), and Diamondback Energy Inc. (NASDAQ: FANG). Free research on these five companies can be accessed at:  


Penn West Petroleum Ltd's stock gained 1.92% on Friday, closing the session at $7.44. A total of 1.30 million shares were traded, which was near its three months average volume of 1.69 million shares. The stock moved between $7.21 and $7.48 during the session. Penn West Petroleum Ltd's stock has fallen by 20.17% in the last one month and 11.00% from the beginning of 2014. However, the company's shares have advanced 0.68% in the previous three trading sessions. The company's stock is trading below its 50-day and 200-day moving averages. The stock's 50-day moving average of $9.18 is above its 200-day moving average of $8.78. Furthermore, Penn West Petroleum Ltd's stock has a Relative Strength Index (RSI) of 29.18. Sign up and read the free notes on PWE at:


Shares in BPZ Resources Inc. recorded a trading volume of 0.90 million shares, which was above its three months average volume of 0.79 million shares. On Friday, the stock finished the day at $2.48, which was 1.22% higher its previous day's closing of $2.45, and registered an intraday range of $2.43 and $2.54. Shares in BPZ Resources Inc. have gained 1.22% in the previous three trading sessions and 36.26% on YTD basis, while the company's shares have declined 18.95% in the last one month. The shares are trading below its 50-day and 200-day moving averages of $2.98 and $2.50, respectively. Further, BPZ Resources Inc.'s stock has an RSI of 29.52. The complimentary notes on BPZ can be downloaded as in PDF format at:


On Friday, Murphy Oil Corp.'s stock advanced 1.57%, closing the day at $61.32. The stock recorded a trading volume of 1.11 million shares, which was close to its three months average volume of 1.23 million shares. Murphy Oil Corp.'s stock oscillated between $60.35 and $61.39 during the session. Shares in Murphy Oil Corp. have gained 1.07% in the previous three trading sessions. However, the company's shares are down 7.16% in the last one month and 5.49% on YTD basis. Murphy Oil Corp.'s shares are trading below their 50-day and 200-day moving averages of $64.87 and $62.34, respectively. Additionally, the stock traded at a PE ratio of 15.15 and has an RSI of 33.90. Register for free on Investor-Edge and access the latest research on MUR at:


Comstock Resources Inc.'s stock fluctuated between $23.54 and $25.01 before ending the session 6.71% higher at $24.98. On Friday, the stock reported a trading volume of 1.45 million shares, above its three months average volume of 1.18 million shares. Over the previous three trading sessions and on YTD basis, Comstock Resources Inc.'s stock has advanced 7.67% and 36.58%, respectively, while the stock has fallen by 9.95% in the last one month. The stock is trading below its 50-day moving average. The stock's 50-day moving average of $26.49 is above its 200-day moving average of $21.78. Additionally, Comstock Resources Inc.'s shares have an RSI of 48.52. The complete research on CRK is available for free at:


On Friday, Diamondback Energy Inc.'s stock advanced 1.14%, closing the day at $77.45. The stock recorded a trading volume of 0.96 million shares, which was below its three months average volume of 1.24 million shares. Diamondback Energy Inc.'s stock oscillated between $76.54 and $78.33 during the session. Shares of the company traded at a PE ratio of 39.23. Shares in Diamondback Energy Inc. have declined 1.88% in the previous three trading sessions and 11.27% in the last one month. However, the company's shares have surged 46.46% on YTD basis. The company's shares are trading below their 50-day moving average. The stock's 50-day moving average of $84.92 is above its 200-day moving average of $65.53. Moreover, the stock has an RSI of 35.45. Free in depth research on FANG is available at:


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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.

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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, 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.


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