4 Oil & Gas Companies That Have Surged Early, Along With the Price of Oil Today

NEW YORK, NY / ACCESSWIRE / January 28, 2016 / The Stock Expert is issuing a report on four stocks to watch. CRC, DNR, CJES and BCEI have been attracting the attention of major investors today. Continue reading to find out why. - To get daily alerts on the hottest stocks on the Nasdaq/NYSE subscribe to our newsletter at TheStockExpert.com.

California Resources Corporation (NYSE: CRC) California Resources Corporation operates as an oil and natural gas exploration and production company in the State of California. It produces oil, natural gas, and natural gas liquids. Oil has been pushing the company's stock higher today and through out the last few trading days. With oil holding above $30 a barrel, California Resources has been benefitting from the slight turnaround in prices. Shares are trading higher by 5% on the day.

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Denbury Resources Inc. (NYSE: DNR) Denbury Resources Inc. operates as an independent oil and natural gas company in the United States. The company primarily focuses on enhanced oil recovery utilizing carbon dioxide. Tyco International and Johnson Controls (JCI) revealed on Monday that the two are going to merge. The news raised TYC stocks that day, while JCI fell 3.9%. The combined company is valued at $36 billion. The deal will shift JCI's headquarters to Ireland for tax purposes. Denbury Resources continues to trade higher today up another 7% off the news of the merger and by riding the surging oil prices earlier today.

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C&J Energy Services, Ltd. (NYSE: CJES) C&J Energy Services, Ltd. provides completion and production services for oil and gas industry primarily in North America. The company provides a range of well services involved in the completion, life-of-well maintenance, and plugging and abandonment of a well to oil and natural gas drilling and production companies. C&J Energy is benefitting today from a surge in oil prices and is trading higher today by 2.22% after opening the day at even higher levels.

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Bonanza Creek Energy, Inc. (NYSE: BCEI) Bonanza Creek Energy, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of onshore oil and associated liquids natural gas in the United States. Shares of the company are currently indicating a strong price momentum and, like the other companies profiled, are benefitting greatly from the early surge in oil prices today. The stock is up over 6% on the day after opening higher, however, shares have been dropping through out the day.

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