24.04.2017 12:50:00
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Oil & Gas Stocks Under Scanner -- Northern Oil and Gas, Unit Corp., Camber Energy, and Torchlight Energy
NEW YORK, April 24, 2017 /PRNewswire/ --
On Friday, April 21, 2017, the NASDAQ Composite ended the trading session at 5,910.52, down 0.11%; the Dow Jones Industrial Average edged 0.15% lower, to finish at 20,547.76; and the S&P 500 closed at 2,348.69, marginally dropping 0.30%. Losses were broad based as seven out of nine sectors ended the day in negative. This Monday, Stock-Callers.com has initiated reports coverage on the following Oil & Gas Drilling & Exploration equities: Northern Oil and Gas Inc. (NYSE MKT: NOG), Unit Corporation (NYSE: UNT), Camber Energy Inc. (NYSE MKT: CEI), and Torchlight Energy Resources Inc. (NASDAQ: TRCH). Learn more about these stocks by downloading their free research reports in PDF format at:
http://stock-callers.com/registration
Northern Oil and Gas
On Friday, shares in Minnetonka, Minnesota-based Northern Oil and Gas Inc. ended the session 4.26% lower at $2.25 with a total volume of 648,082 shares traded. The stock is trading 18.48% below its 50-day moving average and 24.59% below its 200-day moving average. Moreover, shares of the Company, which engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the US, have a Relative Strength Index (RSI) of 31.83. Sign up and read the free research report on NOG at:
http://stock-callers.com/registration/?symbol=NOG
Unit Corp.
On Friday, shares in Tulsa, Oklahoma-based Unit Corp. recorded a trading volume of 531,443 shares. The stock ended the day 1.63% higher at $21.24. Unit's stock has rallied 80.15% in the past one year. The Company's shares are trading above its 200-day moving average by 1.08%. Furthermore, shares of Unit, which together with its subsidiaries, operates as an oil and natural gas contract drilling company primarily in the US, have an RSI of 37.60. The complimentary research report on UNT can be downloaded at:
http://stock-callers.com/registration/?symbol=UNT
Camber Energy
Houston, Texas headquartered Camber Energy Inc.'s stock finished Friday's session 1.88% higher at $0.32 with a total volume of 327,226 shares traded. Shares of the Company, which engages in the exploitation, development, and production of crude oil, natural gas, and natural gas liquids in Texas and Oklahoma, are trading below its 50-day and 200-day moving averages by 44.39% and 82.39%, respectively. Camber Energy's stock has an RSI of 34.81. Register for free on Stock-Callers.com and access the latest report on CEI at:
http://stock-callers.com/registration/?symbol=CEI
Torchlight Energy
Plano, Texas headquartered Torchlight Energy Resources Inc.'s stock surged 18.99%, to close the day at $1.88. The stock recorded a trading volume of 2.60 million shares, which was above its three months average volume of 419,450 shares. Torchlight Energy Resources' shares have surged 57.98% in the last one month, 13.94% in the previous three months, and 156.83% in the past one year. The Company's shares are trading 28.72% and 49.80% above its 50-day and 200-day moving averages, respectively. Additionally, shares of the Company, which acquires, explores, develops, and produces oil and natural gas properties in the US, an RSI of 69.61. Get free access to your research report on TRCH at:
http://stock-callers.com/registration/?symbol=TRCH
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