NEW YORK, September 29, 2015 /PRNewswire/ --
Equity Research Institute has initiated coverage on the
following equities: Occidental Petroleum Corporation (NYSE: OXY),
Penn Virginia Corporation (NYSE: PVA), Gulfport Energy Corporation
(NASDAQ: GPOR), SM Energy Company (NYSE: SM), and Goodrich
Petroleum Corporation (NYSE: GDP). Free research report on
Occidental Petroleum can be accessed at
https://www.erionline.net/OXY.pdf On Monday,
September 28, 2015, the NASDAQ Composite ended at 4,543.97,
down 3.04%, the Dow Jones Industrial Average declined 1.92%, to
finish the day at 16,001.89, and the S&P 500 closed at
1,881.77, down 2.57%. The losses were broad based as all the
sectors ended the session in negative. Register for your
complimentary reports at the links given below.
Occidental Petroleum Corp.'s stock declined 3.75%, to close
Monday's session at $63.64. The stock
recorded a trading volume of 4.79 million shares, below its three
months average volume of 5.05 million shares. Over the last one
month and the previous three months, Occidental Petroleum Corp.'s
shares have lost 8.83% and 16.85%, respectively. Additionally, the
stock has plummeted 18.67% since the start of this year. The
company is trading 7.57% and 14.20% below its 50-day and 200-day
moving averages, respectively. Furthermore, Occidental Petroleum
Corp.'s stock has a Relative Strength Index (RSI) of 36.17. Sign up
and read the free notes on OXY at:
https://www.erionline.net/OXY.pdf
Penn Virginia Corp.'s stock finished Monday's session 0.02%
lower at $0.56. A total of 1.39
million shares were traded, which was below its three months
average volume of 4.30 million shares. Over the last one month and
the previous three months, Penn Virginia Corp.'s shares have
declined 39.80% and 88.24%, respectively. Additionally, the stock
has plummeted 91.62% since the beginning of 2015. The company's
shares are trading below their 50-day and 200-day moving averages
by 51.48% and 87.95%, respectively. Penn Virginia Corp.'s stock has
an RSI of 26.73. The complimentary notes on PVA can be downloaded
in PDF format at:
https://www.erionline.net/PVA.pdf
On Monday, shares in Gulfport Energy Corp. ended the session
4.80% lower at $29.52. The stock
reported a trading volume of 1.58 million shares, below its three
months average volume of 1.87 million shares. Shares of the company
traded at a PE ratio of 22.20. Gulfport Energy Corp.'s shares have
declined 16.47% in the last one month, 25.23% in the previous three
months and 29.28% on YTD basis. The company is trading 12.76% below
its 50-day moving average and 27.95% below its 200-day moving
average. Moreover, shares of Gulfport Energy Corp. have an RSI of
32.68. Register for free on Equity Research Institute and access
the latest research on GPOR at:
https://www.erionline.net/GPOR.pdf
SM Energy Co.'s stock lost 6.44%, to close the day at
$29.80. The stock recorded a trading
volume of 2.42 million shares, above its three months average
volume of 1.86 million shares. Over the last one month and over the
past three months, SM Energy Co.'s shares have plummeted 7.88% and
34.56%, respectively. Furthermore, the stock has declined 22.69%
since the start of this year. The company's shares are trading
15.46% below their 50-day moving average. Additionally, SM Energy
Co. traded at a PE ratio of 4.70 and has an RSI of 35.51. The
complete research on SM is available for free at:
https://www.erionline.net/SM.pdf
On Monday, shares in Goodrich Petroleum Corp. recorded a trading
volume of 0.69 million shares, lower than their three months
average volume of 1.70 million shares. The stock ended the day
15.05% lower at $0.62. Goodrich
Petroleum Corp.'s stock has plummeted 8.81% in the last one month,
65.16% in the previous three months and 86.03% on YTD basis. The
company is trading below its 50-day and 200-day moving averages by
23.95% and 76.40%, respectively. Furthermore, shares of Goodrich
Petroleum Corp. have an RSI of 39.03. Free in-depth research on GDP
is available at:
https://www.erionline.net/GDP.pdf
--
About Equity Research Institute:
Equity Research Institute ("ERI") produces regular sponsored and
non-sponsored reports, articles, stock market blogs, and popular
investment newsletters covering equities listed on NYSE and NASDAQ
and micro-cap stocks. ERI has two distinct and independent
departments. One department produces non-sponsored analyst
certified content generally in the form of press releases, articles
and reports covering equities listed on NYSE and NASDAQ and the
other produces sponsored content (in most cases not reviewed by a
registered analyst), which typically consists of compensated
investment newsletters, articles and reports covering listed stocks
and micro-caps. Such sponsored content is outside the scope of
procedures detailed below.
ERI has not been compensated; directly or indirectly; for
producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by
a writer (the "Author") and is fact checked and reviewed by a third
party research service company (the "Reviewer"). Rohit Tuli, a CFA® charter holder (the
"Sponsor"), provides necessary guidance in preparing the document
templates. The Reviewer has reviewed and revised the content, as
necessary, based on sound investment judgment and publicly
available information which is believed to be reliable. The
Reviewer and the Sponsor have not performed any independent
investigations or forensic audits to validate the information
herein. Unless otherwise noted, any content outside of this
document has no association with the Author, the Reviewer, or the
Sponsor (collectively referred to as the "Production Team") in any
way. The Production Team is compensated on a fixed monthly basis
and do not hold any positions of interest in any of the securities
mentioned herein.
NO WARRANTY
ERI, the Author, the Reviewer and the Sponsor (collectively
referred to as the "Publishers") are not responsible for any error
which may be occasioned at the time of printing of this document or
any error, mistake or shortcoming. No liability is accepted by the
Publishers whatsoever for any direct, indirect or consequential
loss arising from the use of this document. The Publishers
expressly disclaim any fiduciary responsibility or liability for
any consequences, financial or otherwise arising from any reliance
placed on the information in this document. Additionally, the
Publishers do not (1) guarantee the accuracy, timeliness,
completeness or correct sequencing of the information, or (2)
warrant any results from use of the information. The included
information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or
a solicitation of an offer to buy or sell the securities mentioned
or discussed, and is to be used for informational purposes only.
Please read all associated disclosures and disclaimers in full
before investing. Neither ERI nor any party affiliated with us is a
registered investment adviser or broker-dealer with any agency or
in any jurisdiction whatsoever. To download our report(s), read our
disclosures, or for more information, visit
http://www.erionline.net.
RESTRICTIONS
ERI is not available to residents of Belarus, Cuba, Canada,
Iran, North Korea, Sudan, Syria
or Somalia.
CFA® and Chartered Financial Analyst® are registered trademarks
owned by CFA Institute.
SOURCE www.erionline.net