Research Reports on Oil & Gas Equities -- Parsley Energy, EOG Resources, Gulfport Energy, and California Resources

NEW YORK, November 8, 2016 /PRNewswire/ --

Stock-Callers.com reviews the most recent performances of the following Independent Oil and Gas equities: Parsley Energy Inc. (NYSE: PE), EOG Resources Inc. (NYSE: EOG), Gulfport Energy Corp. (NASDAQ: GPOR), and California Resources Corp. (NYSE: CRC). On Monday, November 07, 2016, oil prices settled more than 1 percent higher, with Brent crude up 57 cents at $46.15 per barrel, and U.S. West Texas Intermediate (WTI) up 82 cents at $44.89 a barrel. Learn more about these stocks by accessing their free research reports at:

http://stock-callers.com/registration

Parsley Energy  

Austin, Texas headquartered Parsley Energy Inc.'s shares gained 3.01%, closing Monday's trading session at $34.17. The stock recorded a trading volume of 3.15 million shares, which was above its three months average volume of 3.00 million shares. Shares of the Company, which engages in the acquisition, development, production, exploration, and sale of crude oil and natural gas properties in the Permian Basin located in West Texas and Southeastern New Mexico, have advanced 4.56% in the previous three months and 85.20% on an YTD basis. The stock is trading 0.14% above its 50-day moving average and 27.55% above its 200-day moving average. Additionally, shares of Parsley Energy have a Relative Strength Index (RSI) of 48.14.

On October 12th, 2016, research firm Macquarie downgraded the Company's stock rating from 'Outperform' to 'Neutral'.

On November 02nd, 2016, Parsley Energy recorded a net loss attributable to its stockholders of $2.7 million, or $0.02 per weighted average share, during Q3 2016 compared to $21.4 million, or $0.13 per weighted average share, during Q2 2016.  For Q3 2016, the Company's net production averaged 43.0 MBoe per day, up 20% versus Q2 2016, and 99% on a y-o-y basis. Lease operating expense per Boe decreased for the sixth consecutive quarter, down 5% versus $4.15 in Q2 2016. Free research report on PE is available at:

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


EOG Resources  

On Monday, shares in Houston, Texas headquartered EOG Resources Inc. recorded a trading volume of 2.99 million shares. The stock rose 1.78%, ending the day at $93.43. The Company's shares have advanced 3.56% in the previous three months and 33.12% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 0.84% and 14.28%, respectively. Furthermore, shares of EOG Resources, which together with its subsidiaries, explores for, develops, produces, and markets crude oil and natural gas, have an RSI of 51.84.

On November 03rd, 2016, EOG Resources reported Q3 2016 net loss of $190.0 million, or $0.35 per share, which compares to Q3 2015 net loss of $4.1 billion, or $7.47 per share. U.S. crude oil volumes of 275,700 barrels of oil per day (Bopd) in Q3 2016 exceeded the company's midpoint guidance by 3%. Compared to Q3 2015, lease and well expenses decreased 18% on a per-unit basis. The complimentary research report on EOG can be downloaded at:


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


Gulfport Energy  

Oklahoma City, Oklahoma headquartered Gulfport Energy Corp.'s stock finished the day 1.99% higher at $23.58 and with a total trading volume of 1.95 million shares. Shares of the Company, which engages in the acquisition, exploration, exploitation, and production of natural gas, natural gas liquids, and crude oil in the US, are trading below their 50-day moving average by 14.41%. The stock has an RSI of 30.36.

On October 24th, 2016, research firm Tudor Pickering downgraded the Company's stock rating from 'Buy' to 'Hold'.

On November 02nd, 2016, Gulfport reported a net loss of $157.3 million, or $1.25 per diluted share, on oil and natural gas revenues of $193.7 million for Q3 2016. During the reported quarter, EBITDA was $126.8 million and cash flow from operating activities before changes in operating assets and liabilities was $109.1 million. Visit us today and access our complete research report on GPOR at:

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


California Resources  

Shares in Los Angeles, California headquartered California Resources Corp. ended yesterday's session 3.39% higher at $10.97 and with a total trading volume of 1.91 million shares. The stock is trading 0.78% below its 50-day moving average. Shares of the Company, which operates as an oil and natural gas exploration and production company in the State of California, have an RSI of 48.32.

On November 03rd, 2016, California Resources announced net income of $546 million, or $13.06 per diluted share, for Q3 2016 compared to a net loss of $104 million, or $2.72 per diluted share, for Q2 2015. Total daily production volumes averaged 138,000 barrels of oil equivalent (BOE) for Q3 2016 compared to 158,000 BOE for Q3 2015, a 13% decrease. In Q3 2016, realized crude oil prices, including the effect of cash received from settled hedges, fell 10% to $43.03 per barrel from $47.79 per barrel in Q3 2015. Get free access to your research report on CRC at:

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

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