NEW YORK, July 23, 2015 /PRNewswire/ --

Equity Research Institute has initiated coverage on the following equities: Magnum Hunter Resources Corporation (NYSE: MHR), Ensco PLC (NYSE: ESV), Patterson-UTI Energy Inc. (NASDAQ: PTEN), Memorial Resource Development Corporation (NASDAQ: MRD), and Pioneer Energy Services Corporation (NYSE: PES). Free research report on Magnum Hunter Resources can be accessed at https://www.EquityResearchInstitute.com/reports?keyword=MHR On Wednesday, July 22, 2015, the NASDAQ Composite ended at 5,171.77, down 0.70%, the Dow Jones Industrial Average lost 0.38%, to finish the day at 17,851.04, and the S&P 500 closed at 2,114.15, down 0.24%. The losses were broad based as six out of nine sectors ended the session in negative. Register for your complimentary reports at the links given below.  

On Wednesday, shares in Magnum Hunter Resources Corp. ended the session 6.56% lower at $1.14. The stock reported a trading volume of 5.95 million shares, above its three months average volume of 5.38 million shares. Magnum Hunter Resources Corp.'s shares have plummeted 17.99% in the last one month, 51.28% in the previous three months and 63.69% on YTD basis. The stock is trading 29.52% below its 50-day moving average and 59.15% below its 200-day moving average. Moreover, shares of Magnum Hunter Resources Corp. have a Relative Strength Index (RSI) of 36.61. Sign up and read the free notes on MHR at:

https://www.EquityResearchInstitute.com/reports?keyword=MHR

Ensco PLC's stock lost 1.51%, to close the day at $18.23. The stock recorded a trading volume of 6.88 million shares, above its three months average volume of 5.41 million shares. Over the last one month and over the past three months, Ensco PLC's shares have declined 19.19% and 23.67%, respectively. Furthermore, the stock has lost 38.37% since the start of this year. The company's shares are trading 20.57% below their 50-day moving average and 34.32% below their 200-day moving average. Additionally, Ensco PLC has an RSI of 28.69. The complimentary notes on ESV can be downloaded in PDF format at:

https://www.EquityResearchInstitute.com/reports?keyword=ESV

On Wednesday, shares in Patterson-UTI Energy Inc. recorded a trading volume of 5.65 million shares, higher than their three months average volume of 3.85 million shares. The stock ended the day 1.12% lower at $16.70. Shares of the company traded at a PE ratio of 17.96. Patterson-UTI Energy Inc.'s stock has lost 15.87% in the last one month and 20.13% in the previous three months. However, the stock has advanced 1.70% on YTD basis. The company is trading below its 50-day and 200-day moving averages by 14.67% and 13.28%, respectively. Furthermore, shares of Patterson-UTI Energy Inc. have an RSI of 34.07. Register for free on Equity Research Institute and access the latest research on PTEN at:

https://www.EquityResearchInstitute.com/reports?keyword=PTEN

Memorial Resource Development Corp.'s stock lost 2.38%, to close Wednesday's session at $15.61. The stock recorded a trading volume of 2.02 million shares, above its three months average volume of 1.27 million shares. Over the last one month and the previous three months, Memorial Resource Development Corp.'s shares have declined 19.45% and 18.66%, respectively. Additionally, the stock has lost 13.42% since the start of this year. The company is trading 17.81% and 21.57% below its 50-day and 200-day moving averages, respectively. Furthermore, Memorial Resource Development Corp.'s stock has an RSI of 28.03. The complete research on MRD is available for free at:

https://www.EquityResearchInstitute.com/reports?keyword=MRD

Pioneer Energy Services Corp.'s stock finished Wednesday's session 3.86% lower at $3.99. A total of 1.19 million shares were traded, which was close to its three months average volume of 1.18 million shares. Over the last one month and the previous three months, Pioneer Energy Services Corp.'s shares have plummeted 36.77% and 36.26%, respectively. Additionally, the stock has declined 27.98% since the beginning of 2015. The company's shares are trading below their 50-day and 200-day moving averages by 37.38% and 38.32%, respectively. Pioneer Energy Services Corp.'s stock has an RSI of 26.30. Free in-depth research on PES is available at:

https://www.EquityResearchInstitute.com/reports?keyword=PES

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