NEW YORK, September 21, 2015 /PRNewswire/ --
Equity Research Institute has initiated coverage on the following equities: WPX Energy Inc. (NYSE: WPX), Oasis Petroleum Inc. (NYSE: OAS), Atlas Resource Partners L.P. (NYSE: ARP), Abraxas Petroleum Corporation (NASDAQ: AXAS), and Warren Resources Inc. (NASDAQ: WRES). Free research report on WPX Energy can be accessed at https://www.erionline.net/WPX.pdf On Friday, September 18, 2015, the NASDAQ Composite ended at 4,827.23, down 1.36%, the Dow Jones Industrial Average declined 1.74%, to finish the day at 16,384.79, and the S&P 500 closed at 1,958.03, down 1.62%. The losses were broad based as eight out of nine sectors ended the session in negative. Register for your complimentary reports at the links given below.
WPX Energy Inc.'s stock plummeted 6.30%, to close Friday's session at $7.74. The stock recorded a trading volume of 12.46 million shares, above its three months average volume of 10.61 million shares. Over the previous three months and since the beginning of 2015, WPX Energy Inc.'s shares have plummeted 38.57% and 33.45%, respectively. However, the stock has gained 0.26% in the last one month. The company is trading 6.79% and 30.96% below its 50-day and 200-day moving averages, respectively. Furthermore, WPX Energy Inc.'s stock traded at a PE ratio of 6.34 and has a Relative Strength Index (RSI) of 50.09. Sign up and read the free notes on WPX at:
https://www.erionline.net/WPX.pdf
Oasis Petroleum Inc.'s stock finished Friday's session 7.39% lower at $9.78. A total of 12.93 million shares were traded, which was above its three months average volume of 10.30 million shares. Over the last one month and the previous three months, Oasis Petroleum Inc.'s shares have declined 3.93% and 41.19%, respectively. Additionally, the stock has plummeted 40.87% since the beginning of 2015. The company's shares are trading below their 50-day and 200-day moving averages by 5.55% and 31.53%, respectively. Oasis Petroleum Inc.'s stock traded at a PE ratio of 4.04 and has an RSI of 47.99. The complimentary notes on OAS can be downloaded in PDF format at:
https://www.erionline.net/OAS.pdf
On Friday, shares in Atlas Resource Partners L.P. ended the session 1.82% lower at $3.23. The stock reported a trading volume of 0.72 million shares, below three months average volume of 1.24 million shares. Although, Atlas Resource Partners L.P.'s shares have advanced 2.31% in the last one month, it has plummeted 50.58% in the previous three months and 64.25% on YTD basis. The company is trading 11.58% below its 50-day moving average and 52.07% below its 200-day moving average. Moreover, shares of Atlas Resource Partners L.P. have an RSI of 45.09. Register for free on Equity Research Institute and access the latest research on ARP at:
https://www.erionline.net/ARP.pdf
Abraxas Petroleum Corp.'s stock declined 3.36%, to close the day at $1.44. The stock recorded a trading volume of 1.11 million shares, below its three months average volume of 1.18 million shares. Over the last one month and over the past three months, Abraxas Petroleum Corp.'s shares have plummeted 11.66% and 52.32%, respectively. Furthermore, the stock has declined 51.02% since the start of this year. The company's shares are trading 23.14% below their 50-day moving average. Additionally, Abraxas Petroleum Corp. traded at a PE ratio of 3.35 and has an RSI of 33.83. The complete research on AXAS is available for free at:
https://www.erionline.net/AXAS.pdf
On Friday, shares in Warren Resources Inc. recorded a trading volume of 0.65 million shares, lower than their three months average volume of 1.08 million shares. The stock ended the day 3.39% higher at $0.61. Warren Resources Inc.'s stock has surged 56.41% in the last one month and 22.00% in the previous three months. However, the stock has plummeted 62.11% on YTD basis. The company is trading above its 50-day moving average by 33.60%. Furthermore, shares of Warren Resources Inc. have an RSI of 60.07. Free in-depth research on WRES is available at:
https://www.erionline.net/WRES.pdf
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