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Technical Roundup on Independent Oil & Gas Stocks -- Noble Energy, Laredo Petroleum, Murphy Oil, and EOG Resources

VTLE, EOG, MUR

PR Newswire

NEW YORK, January 9, 2017 /PRNewswire/ --

Stock-Callers.com turns to the Independent Oil and Gas space to see how some equities have fared over the previous trading sessions. Today's lineup are: Noble Energy Inc. (NYSE: NBL), Laredo Petroleum Inc. (NYSE: LPI), Murphy Oil Corp. (NYSE: MUR), and EOG Resources Inc. (NYSE: EOG). As per a Reuters' report, oil rose slightly on Friday, January 06th, 2017, on futures buying despite a strong US dollar and lingering doubts on an output cut. Brent crude futures LCOc1 settled 21 cents higher at $57.10 per barrel, while US West Texas Intermediate crude futures CLc1 ended the session up 23 cents at $53.99 a barrel. Sign up today and download for free the research reports for the stocks covered today at:

http://stock-callers.com/registration

Noble Energy  

Houston, Texas headquartered Noble Energy Inc.'s stock recorded a trading volume of 2.26 million shares last Friday, and finished the trading session 0.05% lower at $38.14. The Company's shares have gained 7.43% over the previous three months and 0.21% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 1.04% and 7.22%, respectively. Furthermore, shares of Noble Energy, which engages in the acquisition, exploration, and production of crude oil, natural gas, and natural gas liquids worldwide, have a Relative Strength Index (RSI) of 43.62.

On December 09th, 2016, research firm Seaport Global Securities downgraded the Company's stock rating from 'Neutral' to 'Sell'.

On January 06th, 2017, Noble Energy announced that it will host its Q4 2016 and FY16 results conference call and webcast at 8:00 a.m. CT on February 14th, 2017. The Company plans to issue its financial and operating results, including supporting presentation materials, after market close on February 13th, 2017. NBL complete research report is just a click away at:

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


Laredo Petroleum  

On Friday, Tulsa, Oklahoma headquartered Laredo Petroleum Inc.'s stock ended the session 0.73% lower at $14.91 with a total trading volume of 1.76 million shares. The Company's shares have gained 2.47% in the last one month, 10.28% over the previous three months, and 5.45% on an YTD basis. The stock is trading 6.68% above its 50-day moving average and 24.56% above its 200-day moving average. Moreover, shares of Laredo Petroleum, which operates as an independent energy company in the US, have an RSI of 58.44.

On November 02nd, 2016, Laredo Petroleum announced its Q3 2016 results, reporting net income attributed to common stockholders of $9.5 million, or $0.04 per diluted share. The Company's adjusted net income, a non-GAAP financial measure, for Q3 2016 was $28.4 million, or $0.12 per diluted share. Adjusted EBITDA for the reported quarter was $118.0 million. During Q3 2016, Laredo produced a Company record 51,276 barrels of oil equivalent per day and increased anticipated production growth for FY16 to approximately 10%. The complimentary report on LPI can be downloaded at:


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


Murphy Oil  

El Dorado, Arkansas headquartered Murphy Oil Corp.'s stock ended the day 0.73% lower at $31.40 with a total trading volume of 1.52 million shares. The Company's shares have gained 5.96% in the previous three months and 0.87% on an YTD basis. The stock is trading 2.64% and 7.74% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Murphy Oil, which operates as an oil and gas exploration and production company worldwide, have an RSI of 49.32.

On December 06th, 2016, Murphy Oil's Board of Directors announced that Elisabeth W. Keller has been elected to the Company's Board of Directors and that Eugene T. "Gene" Coleman and Michael K. "Mike" McFadyen have been elected Executive Vice Presidents of the Company. All elections are effective immediately. Sign up for your complimentary report on MUR at:

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


EOG Resources  

Shares in Houston, Texas headquartered EOG Resources Inc. recorded a trading volume of 2.41 million shares, and ended Friday's session 0.99% higher at $105.21. The stock has advanced 1.19% in the last month, 8.50% over the previous three months, and 4.07% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 6.96% and 19.55%, 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 61.93.

On December 14th, 2016, EOG Resources' Board of Directors declared a dividend of $0.1675 per share on EOG's Common Stock, payable January 31st, 2017, to stockholders of record as of January 17th, 2017. The indicated annual rate is $0.67.

On January 04th, 2017, research firm Bank of America/ Merrill upgraded the Company's stock rating from 'Neutral' to 'Buy'. Download the research report for free on EOG at:

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

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