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

Stock Review for Independent Oil & Gas Investors -- EnerJex Resources, Gastar Exploration, Approach Resources, and Carrizo Oil & Gas


NEW YORK, Jan. 22, 2018 /PRNewswire/ --

WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on ENRJ, GST, AREX, and CRZO which can be accessed for free by signing up to www.wallstequities.com/registration. WallStEquities.com has initiated research coverage on EnerJex Resources Inc. (NYSE AMER: ENRJ), Gastar Exploration Inc. (NYSE AMER: GST), Approach Resources Inc. (NASDAQ: AREX), and Carrizo Oil & Gas Inc. (NASDAQ: CRZO). Independent Oil and Gas companies are exclusively in the exploration and production segment of the industry, with no downstream marketing or refining within their operations. All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration

EnerJex Resources

Last Friday at the close, shares in San Antonio, Texas headquartered EnerJex Resources Inc. ended 0.78% higher at $0.20. The stock recorded a trading volume of 1.40 million shares. The Company's shares are trading below their 50-day moving average by 22.69%. Furthermore, shares of EnerJex Resources, which acquires, exploits, develops, and produces crude oil and natural gas in the US, have a Relative Strength Index (RSI) of 34.60.  

On December 27th, 2017, EnerJex Resources ("ENRJ") announced that the NYSE American (the "Exchange") notified the Company that it accepted ENRJ's plan to regain compliance with the continued listing requirements of the Exchange. The plan accepted by the Exchange was substantially based on the potential merger between the Company and AgEagle Aerial Systems, Inc., as announced in ENRJ's Form 8-K filed with the Commission on November 20th, 2017. Get the full research report on ENRJ for free by clicking below at: www.wallstequities.com/registration/?symbol=ENRJ

Gastar Exploration

Houston, Texas-based Gastar Exploration Inc.'s stock finished Friday's session 2.31% lower at $1.27 with a total trading volume of 598,065 shares. The Company's shares have surged 30.28% in the last month and 79.81% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 25.02% and 32.80%, respectively. Additionally, shares of Gastar Exploration, which engages in the exploration, development, and production of oil, condensate, natural gas, and natural gas liquids in the US, have an RSI of 60.00. Get access to our top-rated research, including the free report on GST at: www.wallstequities.com/registration/?symbol=GST

Approach Resources

Shares in Fort Worth, Texas headquartered Approach Resources Inc. ended the session 2.56% higher at $3.60. A total volume of 1.01 million shares was traded, which was above their three months average volume of 595,850 shares. The stock has gained 33.33% in the past month, 48.76% over the previous three months, and 14.65% over the past year. The Company's shares are trading above their 50-day and 200-day moving averages by 31.38% and 35.48%, respectively. Moreover, shares of Approach Resources, which focuses on the acquisition, exploration, development, and production of unconventional oil and gas reserves in the US, have an RSI of 64.32. Click here to subscribe for a free membership which welcomes you with our report on AREX at: www.wallstequities.com/registration/?symbol=AREX

Carrizo Oil & Gas

Houston, Texas-based Carrizo Oil & Gas Inc.'s shares recorded a trading volume of 1.76 million shares. The stock closed 0.92% lower at $22.62. The Company's shares have gained 17.69% in the past month and 42.71% in the previous three months. The stock is trading 9.27% and 18.95% above its 50-day and 200-day moving averages, respectively. Additionally, shares of the Company, which together with its subsidiaries, engages in the exploration, development, and production of oil and gas primarily in the US, have an RSI of 52.30.

On December 22nd, 2017, research firm Citigroup initiated a 'Neutral' rating on the Company's stock, with a target price of $26 per share. To get free access to your research report on CRZO, sign up at: www.wallstequities.com/registration/?symbol=CRZO

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