NEW YORK, October 4, 2017 /PRNewswire/ --
If you want a Stock Review on BTE, HES, LPI, or HUSA then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Oilprice.com reported that most of oil executives and industry analysts still believe that $50 to $60 oil will continue as the new normal with US shale supply growing stronger every time oil prices rise above $50. However, recent encouraging data about global oil demand growth are making some observers and players in the industry more bullish on oil prices. This morning, DailyStockTracker.com re-explores the Independent Oil and Gas space to see how select stocks have fared over the past few trading sessions: Baytex Energy Corp. (NYSE: BTE), Hess Corp. (NYSE: HES), Laredo Petroleum Inc. (NYSE: LPI), and Houston American Energy Corp. (NYSE AMER: HUSA). Take a look at the free research reports issued today on DailyStockTracker.com for these stocks by signing up at:
On Tuesday, shares in Calgary, Canada headquartered Baytex Energy Corp. recorded a trading volume of 941,381 shares. The stock ended the day at $3.00, climbing 1.35% from the last trading session. The Company's shares have advanced 17.65% in the past month and 33.93% in the previous three months. The stock is trading above its 50-day moving average by 11.50%. Furthermore, shares of Baytex Energy have a Relative Strength Index (RSI) of 59.98.
On September 11th, 2017, Baytex Energy provided an update to the impact on production due to Hurricane Harvey. As disclosed on August 25th, 2017, the Company's Eagle Ford operations were shut-in, and drilling and completion operations were suspended. During the week of August 28th, 2017, field operations were inspected, drilling and completion operations resumed, and the safe start-up of field operations was initiated. Sign up and read the free research report on BTE at:
New York headquartered Hess Corp.'s stock saw a drop of 1.30%, finishing yesterday's session at $45.69 with a total trading volume of 3.38 million shares. The Company's shares have gained 15.82% in the last month and 5.37% over the previous three months. The stock is trading above its 50-day moving average by 8.67%. Additionally, shares of Hess have an RSI of 62.64.
On September 11th, 2017, Hess has earned a place on the prestigious Dow Jones Sustainability Index North America for the eighth consecutive year. The index, which recognizes public companies for their outstanding performance across economic, environmental, and social factors, is used as a reference by shareholders who consider sustainability when making investment decisions. Hess is one of four US oil and gas producers in the Energy industry group listed on the North America Index.
On September 14th, 2017, research firm JP Morgan downgraded the Company's stock rating from 'Overweight' to 'Neutral'. The complimentary research report on HES can be downloaded at:
Shares in Tulsa, Oklahoma headquartered Laredo Petroleum Inc. ended the session 2.53% higher at $12.56. The stock recorded a trading volume of 5.12 million shares, which was above its three months average volume of 3.28 million shares. The Company's shares have gained 20.31% over the previous three months. The stock is trading 1.46% above its 50-day moving average. Moreover, shares of Laredo Petroleum, which operates as an independent energy company in the US, have an RSI of 49.62.
On October 02nd, 2017, Laredo Petroleum ("LPI") announced that an agreement has been signed among an affiliate of Global Infrastructure Partners ("GIP"), LPI's wholly owned subsidiary Laredo Midstream Services, LLC and Medallion Midstream Holdings, LLC which is owned and controlled by an affiliate of The Energy & Minerals Group, whereby GIP will purchase 100% of the ownership interests in Medallion Gathering & Processing, LLC for a cash purchase price of $1.825 billion plus potential additional cash consideration, subject to customary closing adjustments. Register for free on DailyStockTracker.com and access the latest report on LPI at:
Houston American Energy
At the closing bell on Tuesday, Texas-based Houston American Energy Corp.'s stock dropped 4.57%, finishing at $0.51. A total volume of 1.83 million shares was traded, which was above their three months average volume of 933,950 shares. The Company's shares have gained 1.14% in the last month and 184.10% on an YTD basis. The stock is trading 24.28% above its 200-day moving average. Additionally, shares of the Company have an RSI of 49.93.
On September 19th, 2017, Houston American Energy announced receipt, on September 18th, 2017, of notification from NYSE Regulation that the Company has regained compliance with Section 1003(a) of the NYSE American's Company Guide relating to minimum shareholders' equity. Get free access to your research report on HUSA at:
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