Le Lézard
Classified in: Oil industry, Business
Subject: INO

What's Happening With These Oil & Gas Stocks? -- Unit, Noble, Enerplus, and Cenovus Energy


NEW YORK, Jan. 9, 2018 /PRNewswire/ --

WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on UNT, NE, ERF, and CVE which can be accessed for free by signing up to www.wallstequities.com/registration. For today, WallStEquities.com tracks the recent performance of the following Oil and Gas Drilling and Exploration companies: Unit Corp. (NYSE: UNT), Noble Corp. PLC (NYSE: NE), Enerplus Corp. (NYSE: ERF), and Cenovus Energy Inc. (NYSE: CVE). The Oil and Gas Drilling industry is powered by companies that extract oil on a contract basis. All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration

Unit

On Monday, shares in Tulsa, Oklahoma-based Unit Corp. climbed 2.02%, ending the day at $23.73. The stock recorded a trading volume of 356,209 shares. The Company's shares have advanced 20.21% in the last month and 19.07% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 14.62% and 21.60%, respectively. Moreover, shares of Unit, which together with its subsidiaries, operates as an oil and natural gas contract drilling company primarily in the US, have a Relative Strength Index (RSI) of 67.08. Get the full research report on UNT for free by clicking below at: www.wallstequities.com/registration/?symbol=UNT

Noble

Shares in London, the UK headquartered Noble Corp. PLC ended the day 5.14% higher at $5.32. A total volume of 7.48 million shares was traded, which was above their three months average volume of 7.37 million shares. In the last month and the previous three months, the stock has surged 27.27% and 28.81%, respectively. The Company's shares are trading above their 50-day and 200-day moving averages by 25.55% and 25.30%, respectively. Furthermore, shares of Noble, which operates as an offshore drilling contractor for the oil and gas industry worldwide, have an RSI of 77.37. 

On December 20th, 2017, Noble announced that certain of its wholly owned subsidiaries have received commitments from lenders to enter into a new credit facility. This new facility is expected to provide borrowing capacity of $1.5 billion, with an expected maturity of January 2023. Additionally, the Company would retain an incremental $300 million in capacity under its current credit facility, or total borrowing capacity of $1.8 billion until January 2020. Today's complimentary research report on NE is accessible at: www.wallstequities.com/registration/?symbol=NE

Enerplus

At the close of trading on Monday, shares in Calgary, Canada headquartered Enerplus Corp. finished 0.30% higher at $10.00. A total volume of 1.07 million shares was traded, which was above their three months average volume of 936,090 shares. The stock has advanced 12.61% in the last month, 8.70% over the previous three months, and 8.23% over the past year. The Company's shares are trading above their 50-day and 200-day moving averages by 8.35% and 15.75%, respectively. Additionally, shares of Enerplus, which together with subsidiaries, engages in the exploration and development of crude oil and natural gas in the US and Canada, have an RSI of 61.12. 

On December 18th, 2017, Enerplus announced that a cash dividend in the amount of CDN$0.01 per share will be payable on January 15th, 2018, to all shareholders of record at the close of business on December 29th, 2017. The ex-dividend date for this payment is December 28th, 2017. Register now for your free research document on ERF at: www.wallstequities.com/registration/?symbol=ERF

Cenovus Energy

Calgary, Canada headquartered Cenovus Energy Inc.'s shares recorded a trading volume of 3.54 million shares at the end of yesterday's session. The stock closed the day 0.49% lower at $10.07. The Company's shares have advanced 8.51% in the past month and 4.79% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 3.48% and 9.53%, respectively. Additionally, shares of Cenovus Energy, which develops, produces, and markets crude oil, natural gas liquids, and natural gas in Canada, have an RSI of 57.77.  

On December 14th, 2017, Cenovus Energy announced plans to invest between $1.5 billion and $1.7 billion in 2018, with the majority of the budget allocated to sustain base production at the Company's oil sands operations. The remaining capital will primarily support continued construction at the phase G oil sands expansion at Christina Lake, where costs are coming in below original expectations, and a targeted drilling program in the Deep Basin. Click on the link below and see our free report CVE at: www.wallstequities.com/registration/?symbol=CVE

Wall St. Equities:

Wall St. Equities (WSE) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. WSE has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

WSE has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY

WSE, the Author, and the Reviewer are 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 whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do 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. 

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither WSE nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit https://wallstequities.com/legal-disclaimer/

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: [email protected]
Phone number: +21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228

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

 

 

SOURCE Wall St. Equities


These press releases may also interest you

at 08:32
Energy Toolbase, Socomec, and Sprocket Power have deployed an energy storage system (ESS) at an expansive New York car dealership to provide microgrid capabilities, reduce demand charges, and participate in the state's demand response programs....

at 08:30
Stabilis Solutions, Inc., ("Stabilis" or the "Company") , a leading provider of clean energy production, storage, and delivery solutions, today announced that it will issue first quarter 2024 results after the U.S. markets close...

at 08:15
E Source, a utilities-focused consulting, research, and data science company has delivered Phase 1 of the planned two-phase implementation of the State of New York's Integrated Energy Data Resource...

at 08:00
Gage Zero LLC (Gage Zero), an Austin-based fleet electrification solutions company that deploys, owns, and operates reliable charging infrastructure, today announced the deployment of the company's new zero emission vehicle (ZEV) charging depot for...

at 08:00
Honeywell today announced its hydrocracking technology can be used to produce sustainable aviation fuel (SAF) from biomass, helping to make sustainable aviation fuel (SAF) that is 90% less carbon intensive than traditional fossil-based jet fuels1....

at 07:30
Talen Energy Corporation ("Talen") today announced the launch of an anticipated repricing (the "Repricing") of its existing $863 million Term Loan B credit facility and its $470 million Term Loan C credit facility (collectively, the "Term Loans")....



News published on and distributed by: