NEW YORK, September 18, 2015 /PRNewswire/ --

Equity Research Institute has initiated coverage on the following equities: Chesapeake Energy Corporation (NYSE: CHK), Denbury Resources Inc. (NYSE: DNR), Marathon Oil Corporation (NYSE: MRO), Energen Corporation (NYSE: EGN), and PDC Energy Inc. (NASDAQ: PDCE). Free research report on Chesapeake Energy can be accessed at https://www.erionline.net/reports?keyword=CHK On Thursday, September 17, 2015, the NASDAQ Composite ended at 4,893.95, up 0.10%, the Dow Jones Industrial Average lost 0.39%, to finish the day at 16,674.74, and the S&P 500 closed at 1,990.20, down 0.26%. The losses were broad based as five out of nine sectors ended the session in negative. Register for your complimentary reports at the links given below.  

Chesapeake Energy Corp.'s stock finished Thursday's session 4.33% lower at $8.61. A total of 21.42 million shares were traded, which was close to its three months average volume of 22.21 million shares. Over the previous three months and since the start of this year, Chesapeake Energy Corp.'s shares have declined 27.53% and 55.52%, respectively. However, the stock has gained 10.95% in the last one month. The company's shares are trading above their 50-day moving average by 1.88%. Chesapeake Energy Corp.'s stock has a Relative Strength Index (RSI) of 58.74. Sign up and read the free notes on CHK at:

https://www.erionline.net/reports?keyword=CHK

On Thursday, shares in Denbury Resources Inc. ended the session 2.72% lower at $3.22. The stock reported a trading volume of 17.02 million shares, above its three months average volume of 12.71 million shares. Denbury Resources Inc.'s shares have plummeted 19.31% in the last one month, 49.83% in the previous three months and 59.07% on YTD basis. The company is trading 17.33% below its 50-day moving average and 50.67% below its 200-day moving average. Moreover, shares of Denbury Resources Inc. have an RSI of 43.98. The complimentary notes on DNR can be downloaded in PDF format at:

https://www.erionline.net/reports?keyword=DNR

Marathon Oil Corp.'s stock advanced 1.36%, to close the day at $16.43. The stock recorded a trading volume of 19.65 million shares, above its three months average volume of 12.31 million shares. Over the last one month and over the past three months, Marathon Oil Corp.'s shares have declined 6.01% and 37.31%, respectively. Furthermore, the stock has lost 40.33% since the start of this year. The company's shares are trading 13.51% below their 50-day moving average. Additionally, Marathon Oil Corp. has an RSI of 45.76. Register for free on Equity Research Institute and access the latest research on MRO at:

https://www.erionline.net/reports?keyword=MRO

On Thursday, shares in Energen Corp. recorded a trading volume of 1.04 million shares, lower than their three months average volume of 1.15 million shares. The stock ended the day 1.95% lower at $52.42. Energen Corp.'s stock has lost 1.45% in the last one month, 21.95% in the previous three months and 17.71% on YTD basis. The company is trading below its 50-day and 200-day moving averages by 2.52% and 16.69%, respectively. Furthermore, shares of Energen Corp. have an RSI of 53.60. The complete research on EGN is available for free at:

https://www.erionline.net/reports?keyword=EGN

PDC Energy Inc.'s stock lost 2.53%, to close Thursday's session at $58.87. The stock recorded a trading volume of 0.90 million shares, below its three months average volume of 1.13 million shares. Over the last one month and previous three months, PDC Energy Inc.'s shares have advanced 5.22% and 4.98%, respectively. Additionally, the stock has surged 42.65% since the start of this year. The company is trading 15.92% and 16.98% above its 50-day and 200-day moving averages, respectively. Furthermore, PDC Energy Inc.'s stock traded at a PE ratio of 19.11 and has an RSI of 62.88. Free in-depth research on PDCE is available at:

https://www.erionline.net/reports?keyword=PDCE

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