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Technical Research on Independent Oil & Gas Equities -- Chesapeake Energy, Occidental Petroleum, Parsley Energy, and Eclipse Resources

CHK, OXY

PR Newswire

NEW YORK, August 21, 2017 /PRNewswire/ --

If you want a Stock Review on CHK, OXY, PE, or ECR then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. Independent Oil and Gas companies are exclusively engaged in the exploration and production segment of the industry, with no downstream marketing or refining within their operations. Equities to assess on DailyStockTracker.com today are: Chesapeake Energy Corp. (NYSE: CHK), Occidental Petroleum Corp. (NYSE: OXY), Parsley Energy Inc. (NYSE: PE), and Eclipse Resources Corp. (NYSE: ECR). Take a look at the free research reports issued today on DailyStockTracker.com for these stocks by signing up at:

http://dailystocktracker.com/register/

Chesapeake Energy 

Last Friday at the close, shares in Oklahoma City, Oklahoma headquartered Chesapeake Energy Corp. ended 2.06% higher at $3.96. The stock recorded a trading volume of 35.11 million shares. The Company's shares are trading below their 50-day moving average by 15.75%. Furthermore, shares of Chesapeake Energy, which engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids from underground reservoirs in the US, have a Relative Strength Index (RSI) of 32.68.

On August 03 rd, 2017, Chesapeake Energy reported financial and operational results for Q2 2017 plus other recent developments. For Q2 2017, average daily production was approximately 527,600 barrels of oil equivalent (boe); average production expenses were $2.92 per boe; net income was $470 million; and EBITDA was $812 million. Total capital investments were approximately $667 million during the quarter.

On August 11 th, 2017, research firm Stifel reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $10 a share to $6 a share. Sign up and read the free research report on CHK at:

http://dailystocktracker.com/registration/?symbol=CHK


Occidental Petroleum 

Houston, Texas headquartered Occidental Petroleum Corp.'s stock finished Friday's session 0.39% higher at $59.15 with a total trading volume of 4.04 million shares. The Company's shares are trading below their 50-day moving average by 2.21%. Shares of the Company, which engages in the acquisition, exploration, and development of oil and gas properties in the US and internationally, have an RSI of 37.46.

On July 21 st, 2017, research firm Citigroup downgraded the Company's stock rating from 'Neutral' to 'Sell'.

On August 02 nd, 2017, Occidental Petroleum announced Q2 2017 results. For Q2 2017, net income was $507 million and core income was $119 million. Total average daily production volumes were 601,000 barrels of oil equivalent for the quarter; oil and gas pre-tax income was $627 million; chemical pre-tax income was $230 million; and midstream pre-tax income was $119 million. The complimentary research report on OXY can be downloaded at:

http://dailystocktracker.com/registration/?symbol=OXY


Parsley Energy 

Shares in Austin, Texas headquartered Parsley Energy Inc. ended the session 1.64% higher at $24.79 with a total trading volume of 3.14 million shares. The stock is trading below its 50-day moving average by 8.94%. Shares of the Company, which engages in the acquisition, development, production, exploration, and sale of crude oil and natural gas properties in the Permian Basin in West Texas and Southeastern New Mexico, have an RSI of 38.00.

On August 03 rd, 2017, Parsley Energy announced that Karen Hughes has been appointed to the Company's Board of Directors, effective August 01st, 2017. Ms. Hughes has more than 35 years of public policy, communications, and political experience, and is the Worldwide Vice Chair of Burson-Marsteller, a leading global public relations and communications firm, which she joined in 2008. Register for free on DailyStockTracker.com and access the latest report on PE at:

http://dailystocktracker.com/registration/?symbol=PE


Eclipse Resources 

State College, Pennsylvania headquartered Eclipse Resources Corp.'s shares recorded a trading volume of 638,164 shares. The stock closed 3.74% higher at $2.22. The Company's shares are trading 11.74% below their 200-day moving average. Additionally, shares of Eclipse Resources, which acquires and develops oil and natural gas properties in the Appalachian Basin, have an RSI of 38.55.

On August 02 nd, 2017, Eclipse Resources announced its Q2 2017 financial and operational results. For Q2 2017, net income was $11.5 million and adjusted EBITDAX was $39.6 million. For the quarter, average net daily production was 287.8 MMcfe per day, exceeding the high-end of the Company's previously issued production guidance range of 265 to 275 MMcfe per day. Get free access to your research report on ECR at:

http://dailystocktracker.com/registration/?symbol=ECR

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SOURCE Chelmsford Park SA