Independent Oil & Gas Stocks Under Scanner -- California Resources, Stone Energy, Matador Resources, and Carrizo Oil & Gas

NEW YORK, March 7, 2017 /PRNewswire/ --

On Monday, March 06, 2017, the NASDAQ Composite ended the trading session at 5,849.18, down 0.37%; the Dow Jones Industrial Average edged 0.24% lower, to finish at 20,954.34; and the S&P 500 closed at 2,375.31, dropping 0.33%. Losses were broad based as eight out of nine sectors ended the day in negative. This Tuesday, Stock-Callers.com has initiated reports coverage on the following Independent Oil & Gas equities: California Resources Corporation (NYSE: CRC), Stone Energy Corporation (NYSE: SGY), Matador Resources Company (NYSE: MTDR), and Carrizo Oil & Gas Inc. (NASDAQ: CRZO). Learn more about these stocks by downloading their free research reports in PDF format at:

http://stock-callers.com/registration

California Resources  

On Monday, shares in Los Angeles, California headquartered California Resources Corp. ended the session 0.55% higher at $18.29 with a total volume of 1.09 million shares traded. California Resources' shares have advanced 3.92% in the past one year. Shares of the Company, which operates as an oil and natural gas exploration and production company in the State of California, are trading at a PE ratio of 2.83. The stock is trading 23.64% above its 200-day moving average. Moreover, the Company's shares have a Relative Strength Index (RSI) of 42.42. Sign up and read the free research report on CRC at:

http://stock-callers.com/registration/?symbol=CRC

Stone Energy  

On Monday, shares in Lafayette, Louisiana headquartered Stone Energy Corp. recorded a trading volume of 430,731 shares, which was higher than their three months average volume of 231,100 shares. The stock ended the day 8.31% lower at $22.30. The Company is trading below its 50-day and 200-day moving averages by 44.56% and 54.46%, respectively. Furthermore, shares of Stone Energy, which engages in the acquisition, exploration, exploitation, development, and operation of oil and gas properties in the Gulf of Mexico, have an RSI of 27.26.

On March 01^st, 2017, research firm National Securities upgraded the Company's stock rating from 'Neutral' to 'Buy'. The complimentary research report on SGY can be downloaded at:

http://stock-callers.com/registration/?symbol=SGY

Matador Resources  

Dallas, Texas headquartered Matador Resources Co.'s stock finished Monday's session 0.50% higher at $24.02 with a total volume of 1.32 million shares traded. Matador Resources' shares have gained 20.52% in the past one year. The Company's shares are trading above its 200-day moving average by 2.03%. Shares of Matador Resources, which engages in the exploration, development, production, and acquisition of oil and natural gas resources in the US, have an RSI of 36.48.

On February 23^rd, 2017, research firm Stifel reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $33 a share to $36 a share. Register for free on Stock-Callers.com and access the latest report on MTDR at:

http://stock-callers.com/registration/?symbol=MTDR

Carrizo Oil & Gas  

Houston, Texas-based Carrizo Oil & Gas Inc.'s stock advanced 1.92%, to close the day at $31.78. The stock recorded a trading volume of 1.41 million shares, which was above its three months average volume of 1.16 million shares. Carrizo Oil & Gas' shares have gained 20.20% in the past one year. The Company's shares are trading 10.48% and 13.88% below 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 39.11.

On February 24^th, 2017, research firm FBR & Co. reiterated its 'Outperform' rating on the Company's stock with a decrease of the target price from $47 a share to $42 a share. Get free access to your research report on CRZO at:

http://stock-callers.com/registration/?symbol=CRZO

--

Stock Callers: 

Stock Callers (SC) 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. SC 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. 

SC 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 info@stock-callers.com. 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 SC. SC 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 

SC, 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. SC, 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, SC, 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 SC 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

http://stock-callers.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: info@stock-callers.com
Phone number: +44-330-808-3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP

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

SOURCE Chelmsford Park SA