NEW YORK, September 21, 2016 /PRNewswire/ --
On Tuesday, September 20, 2016, the NASDAQ Composite ended the trading session at 5,241.35, up 0.12%; the Dow Jones Industrial Average edged 0.05% higher, to finish at 18,129.96; and the S&P 500 closed at 2,139.76, up 0.03%. Stock-Callers.com has initiated research reports on the following equities: Hess Corporation (NYSE: HES), Callon Petroleum Company (NYSE: CPE), Occidental Petroleum Corporation (NYSE: OXY), and Laredo Petroleum Inc. (NYSE: LPI). Learn more about these stocks by downloading their free research reports in PDF format at: http://stock-callers.com/registration
Hess
New York headquartered Hess Corp.'s stock finished Tuesday's session 0.63% lower at $45.67 with a total volume of 5.16 million shares traded. Shares of the Company, which develops, produces, purchases, transports, and sells crude oil, natural gas liquids, and natural gas, are trading below its 50-day and 200-day moving averages by 15.14% and 11.38%, respectively. Hess' stock has a Relative Strength Index (RSI) of 23.95.
On September 12th, 2016, research firm KLR Group initiated an 'Accumulate' rating on the Company's stock, issuing a target price of $65 per share. Sign up and read the free research report on HES at: http://stock-callers.com/registration/?symbol=HES
Callon Petroleum
Natchez, Mississippi headquartered Callon Petroleum Co.'s stock fell 1.53%, to close the day at $14.15. The stock recorded a trading volume of 2.93 million shares. Callon Petroleum's shares have gained 0.21% in the last one month, 20.73% in the previous three months, and 67.85% in the past one year. Shares of the Company, which acquires, explores for, develops, and produces oil and natural gas properties in the Permian Basin in West Texas, are trading 7.59% and 41.94% above its 50-day and 200-day moving averages, respectively. Additionally, the stock has an RSI of 50.13.
On September 9th, 2016, research firm FBR Capital reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $17 a share to $19 a share. The complimentary research report on CPE can be downloaded at: http://stock-callers.com/registration/?symbol=CPE
Occidental Petroleum
On Tuesday, shares in Houston, Texas headquartered Occidental Petroleum Corp. ended the session 0.45% lower at $70.50 with a total volume of 4.34 million shares traded. Shares of Occidental Petroleum, which engages in the acquisition, exploration, and development of oil and gas properties in the US and internationally, have advanced 9.98% in the past one year. The stock is trading 5.87% below its 50-day moving average and 0.16% below its 200-day moving average. Moreover, shares of the Company have an RSI of 29.02.
On September 12th, 2016, research firm JP Morgan downgraded the Company's stock rating from 'Neutral' to 'Underweight'. Register for free on Stock-Callers.com and access the latest report on OXY at: http://stock-callers.com/registration/?symbol=OXY
Laredo Petroleum
On Tuesday, shares in Tulsa, Oklahoma headquartered Laredo Petroleum Inc. recorded a trading volume of 2.87 million shares. The stock ended the day 1.40% lower at $11.24. Shares of Laredo Petroleum, which operates as an independent energy company in the US, have gained 7.35% in the past one year. The Company is trading above its 200-day moving average by 17.37%. Furthermore, shares of Laredo Petroleum have an RSI of 42.80.
On September 13th, 2016, research firm FBR Capital initiated an 'Outperform' rating on the Company's stock, issuing a target price of $14 per share. Get free access to your research report on LPI at: http://stock-callers.com/registration/?symbol=LPI
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