NEW YORK, July 24, 2017 /PRNewswire/ --
If you want a Stock Review on CRZO, FANG, BTE, or PXD then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. Pre-market,
DailyStockTracker.com covers the performances of the following Independent Oil and Gas companies: Carrizo Oil & Gas Inc.
(NASDAQ: CRZO), Diamondback Energy Inc. (NASDAQ: FANG), Baytex Energy Corp. (NYSE: BTE), and Pioneer Natural Resources Co. (NYSE:
PXD). According to Petro-Logistics, which tracks OPEC supply forecasts, OPEC crude production would rise by 145,000 barrels per
day (bpd) this month, taking the group's combined output above 33 million bpd. Higher supply from Saudi
Arabia, the United Arab Emirates, and Nigeria would
drive this month's gains, it added. Sign up today on DailyStockTracker.com and download our free research reports on these
featured stocks at:
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Carrizo Oil & Gas
Last Friday, shares in Houston, Texas-based Carrizo Oil & Gas Inc. ended the session
3.03% lower at $15.37. The stock recorded a trading volume of 3.52 million shares, which was above
its three months average volume of 2.95 million shares. The Company's shares are trading below their 50-day moving average by
21.78%. Furthermore, shares of Carrizo Oil & Gas, which together with its subsidiaries, engages in the exploration,
development, and production of oil and gas primarily in the US, have a Relative Strength Index (RSI) of 37.14.
On June 28 th, 2017, Carrizo Oil & Gas announced that it has agreed to acquire
Delaware Basin properties from ExL Petroleum Management, LLC (ExL), a portfolio company of
Quantum Energy Partners, for $648 million in cash, subject to customary closing
adjustments. Additionally, Carrizo has agreed to make a contingent payment to ExL of $50
million per year if WTI averages more than $50/Bbl in any calendar year during 2018 to 2021,
up to a maximum of $125 million.
On July 20 th, 2017, research firm JP Morgan downgraded the Company's stock rating
from 'Overweight' to 'Neutral' while revising its previous target price from $30 a share to
$21 a share. CRZO complete research report is just a click away at:
http://dailystocktracker.com/registration/?symbol=CRZO
Diamondback Energy
Midland, Texas headquartered Diamondback Energy Inc.'s stock finished 0.42% lower at
$91.99 with a total trading volume of 1.22 million shares. The Company's shares have gained 6.04%
in the last one month. The stock is trading below its 50-day moving average by 0.46%. Moreover, shares of Diamondback Energy,
which focuses on the acquisition, development, exploration, and exploitation of onshore oil and natural gas reserves in the
Permian Basin in West Texas, have an RSI of 53.44.
On July 18 th, 2017, research firm Imperial Capital initiated an 'Outperform' rating
on the Company's stock, with a target price of $110 per share.
On July 20 th, 2017, Diamondback Energy announced plans to release its Q2 2017
financial results on August 01 st, 2017, after the market closes. The Company will also
host a conference call and webcast to discuss its Q2 2017 results on August 02 nd, 2017,
at 10:00 a.m. CT. A live broadcast of the earnings conference call will also be available
under the "Investor Relations" section of the Company's website. The complimentary report on FANG can be downloaded at:
http://dailystocktracker.com/registration/?symbol=FANG
Baytex Energy
Shares in Calgary, Canada headquartered Baytex Energy Corp. closed the day 2.00% lower at
$2.45. The stock recorded a trading volume of 598,387 shares. The Company's shares have gained
10.86% in the last month. The stock is trading below its 50-day moving average by 9.77%. Moreover, shares of Baytex Energy, which
engages in the acquisition, development, and production of crude oil and natural gas in the Western Canadian Sedimentary Basin
and Eagle Ford in the US, have an RSI of 45.59.
On June 26 th, 2017, Baytex Energy provided an update on the Company's operational
progress during Q2 2017 in accordance with its business plan. Based on field estimates for June, the Company's average production
during Q2 2017 is estimated at 72,500 boe/d, representing a 5% increase over Q1 2017. The Company estimates its production in the
first half of this year to be 70,900 boe/d. During Q2 2017, exploration and development capital expenditures were estimated at
$78 million, bringing the aggregate spending in the first half of 2017 to about $174 million.
On July 05 th, 2017, research firm Raymond James downgraded the Company's stock
rating from 'Market Perform' to 'Underperform'. Sign up for your complimentary report on BTE at:
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Pioneer Natural Resources
Irving, Texas headquartered Pioneer Natural Resources Co.'s shares recorded a trading volume
of 1.36 million shares last Friday. The stock closed 1.88% lower at $160.21. The Company's shares
have advanced 3.34% in the past month. The stock is trading 2.46% below its 50-day moving average. Additionally, shares of
Pioneer Natural Resources, which operates as an independent oil and gas exploration and production company in the US, have an RSI
of 46.63.
http://dailystocktracker.com/registration/?symbol=PXD
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