NEW YORK, November 28, 2017 /PRNewswire/ --
In keeping with the commitment to dynamically provide members with timely information WallStEquities.com has issued free
tailored Stock Review on MTDR, SWN, WPX, and XEC which is a click away at http://www.wallstequities.com/registration. The International Energy Agency (IEA), which forecasts supply and
demand, said on November 14 th, 2017, that it doubted that $60 a barrel had become a new floor for oil, according to an article on BusinessMirror. IEA did note, however,
that geopolitical risk had become a salient factor in the market, as per the report. Ahead of today's trading session,
WallStEquities.com revisits the Independent Oil and Gas industry to monitor the performance of Matador Resources Co. (NYSE:
MTDR), Southwestern Energy Co. (NYSE: SWN), WPX Energy Inc. (NYSE: WPX), and Cimarex Energy Co. (NYSE: XEC). Get you free stock
reports on these stock by registering now on Wall St. Equities at: http://www.wallstequities.com/registration
Matador Resources
On Monday, shares in Matador Resources Co. recorded a trading volume of 1.09 million shares. The stock ended the session 2.89%
lower at $27.54. The Company's shares have gained 11.36% in the last one month, 18.45% over the
previous three months, and 6.91% on an YTD basis. The stock is trading 3.53% above its 50-day moving average and 14.36% above its
200-day moving average. Moreover, shares of Matador Resources have a Relative Strength Index (RSI) of 51.68.
On November 06 th, 2017, Matador Resources reported its Q3 2017 results. Average
daily oil production in Q3 2017 was approximately 23,500 barrels per day; average daily natural gas production was approximately
110.5 million cubic feet per day; and average daily oil equivalent production was approximately 42,000 barrels of oil equivalent
per day (56% oil). GAAP net income for the quarter was $15.0 million, and adjusted EBITDA was $84.8 million.
On November 13 th, 2017, research firm RBC Capital Markets reiterated its
'Outperform' rating on the Company's stock with an increase of the target price from $29 a share to
$30 a share. Get started with a complimentary subscription and access to the free report on MTDR
at:
http://www.wallstequities.com/registration/?symbol=MTDR
Southwestern Energy
Southwestern Energy Co.'s stock closed the day flat at $6.17 with a total trading volume of 9.67
million shares. The Company's shares have advanced 19.34% in the past month and 15.11% in the previous three months. The stock is
trading 4.19% above its 50-day moving average. Additionally, shares of Southwestern Energy have an RSI of 52.20.
On November 21 st, 2017, research firm Mizuho downgraded the Company's stock rating
from 'Buy' to 'Neutral'.
On November 21 st, 2017, Southwestern Energy announced that it is soliciting
consents from the holders of its 4.10% Senior Notes due 2022 and its 4.95% Senior Notes due 2025 for certain proposed
amendments that would, among other things, amend certain restrictive covenants contained in the indentures governing the 2022
notes and 2025 notes. The consent solicitations will expire on November 28th, 2017 at 5:00 p.m. New York
City Time, unless extended or earlier terminated by the Company for either or both series of notes. Free research on SWN can
be accessed at: http://www.wallstequities.com/registration/?symbol=SWN
WPX Energy
Shares in WPX Energy Inc. recorded a trading volume of 5.44 million shares. The stock ended yesterday's trading session 4.58%
lower at $12.07. The Company's shares have advanced 16.51% in the past month and 24.95% in the
previous three months. The stock is trading above its 50-day and 200-day moving averages by 5.37% and 6.68%, respectively.
Furthermore, shares of WPX Energy have an RSI of 51.23.
On November 09 th, 2017, WPX Energy's Board of Directors has approved a quarterly
dividend of $0.78125 per share to holders of the Company's 6.25% Series A Mandatory Convertible
Preferred Stock. The dividend is payable as of January 31 st, 2018 to holders of record
of the Company's preferred stock on January 12 th, 2018.
On November 16 th, 2017, research firm Citigroup upgraded the Company's stock rating
from 'Neutral' to 'Buy'. Visit WallStEquities.com now and sign up for the free research on WPX at: http://www.wallstequities.com/registration/?symbol=WPX
Cimarex Energy
Cimarex Energy Co.'s stock finished Monday's session 3.32% lower at $112.65. A total volume of
948,983 shares was traded, which was above their three months average volume of 843,310 shares. The Company's shares have
advanced 13.14% over the previous three months. The stock is trading above its 200-day moving average by 1.70%. Additionally,
shares of Cimarex Energy have an RSI of 37.16.
On November 07 th, 2017, Cimarex Energy reported Q3 2017 net income of $91.4
million and net cash provided by operating activities of $251.0 million. Total Company production for the quarter
averaged 1,143 million cubic feet equivalent per day, and oil prices averaged $44.38 per barrel. Total debt
at September 30th, 2017 consisted of $1.5 billion of long-term notes, and the Company had a cash
balance of $423 million. Complimentary report on XEC is available at: http://www.wallstequities.com/registration/?symbol=XEC
--
Wall St. Equities :
Wall St. Equities (WSE) 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. WSE 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.
WSE 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") represented by a credentialed financial analyst [for further information on
analyst credentials, please email info@wallstequities.com.
Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the
document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information
which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not
performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only
independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to
veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or
reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or
the Reviewer in any way.
NO WARRANTY
WSE, the Author, and the Reviewer 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 whatsoever for any direct, indirect or consequential loss
arising from the use of this document. WSE, the Author, and the Reviewer 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, WSE, the Author, and the Reviewer 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 WSE 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
https://wallstequities.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you ' re
a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between
09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@wallstequities.com
Phone number: +21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Wall St. Equities