Stock Review for Independent Oil & Gas Investors -- SM Energy, Southwestern Energy, Ultra Petroleum, and WPX Energy

NEW YORK, March 15, 2018 /PRNewswire/ --

WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on SM, SWN, UPL, and WPX which can be accessed for free by signing up to www.wallstequities.com/registration. Today, WallStEquities.com features the following stocks: SM Energy Co. SM, Southwestern Energy Co. SWN, Ultra Petroleum Corp. UPL, and WPX Energy Inc. WPX. These companies are part of the Independent Oil and Gas space, which explores for and produces oil and gas. It typically does not own refining, processing, or marketing assets to prepare that oil and gas and then sell the product directly to end users. All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration

SM Energy

On Wednesday, shares in Denver, Colorado headquartered SM Energy Co. recorded a trading volume of 3.08 million shares. The stock ended the day at $17.90, declining 2.08% from the last trading session. The Company's shares are trading below their 200-day moving average by 5.10%. Furthermore, shares of SM Energy, which engages in the acquisition, exploration, development, and production of crude oil and condensate, natural gas, and natural gas liquids in onshore North America, have a Relative Strength Index (RSI) of 33.97.

On February 21^st, 2018, SM Energy announced its fourth-quarter and full-year 2017 results. For Q4 2017, net production totaled 10.4 MMBoe, net loss was $(26.3) million, and adjusted EBITDAX was $174.0 million. For the full year, net production totaled 44.5 MMBoe, net loss was $(160.8) million, adjusted EBITDAX was $664.7 million, and proved reserves increased to 468 MMBoe.

On February 23^rd, 2018, research firm B. Riley FBR, Inc. reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $36 a share to $28 a share. Get the full research report on SM for free by clicking below at: www.wallstequities.com/registration/?symbol=SM

Southwestern Energy

Spring, Texas-based Southwestern Energy Co.'s stock saw a decline of 1.99%, finishing yesterday's session at $4.43 with a total trading volume of 13.95 million shares. The Company's shares have gained 21.37% in the last month. The stock is trading below its 50-day moving average by 2.39%. Additionally, shares of Southwestern Energy have an RSI of 54.98.

On March 01^st, 2018, Southwestern Energy announced its results for the quarter and year ended December 31^st, 2017. For Q4 2017, net cash provided by operating activities was $308 million, net income attributable to common stock was $267 million, and total net production was 239 Bcfe. For the full year, net cash provided by operating activities was $1,097 million, net income attributable to common stock was $815 million, and total net production was 897 Bcfe.

On March 05^th, 2018, research firm B. Riley FBR, Inc. reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $5.85 a share to $7.85 a share. Get access to our top-rated research, including the free report on SWN at: www.wallstequities.com/registration/?symbol=SWN

Ultra Petroleum

Shares in Houston, Texas headquartered Ultra Petroleum Corp. ended the session 11.58% lower at $4.43. The stock recorded a trading volume of 7.03 million shares, which was above its three months average volume of 4.01 million shares. The Company's shares are trading 29.50% below their 50-day moving average. Moreover, shares of Ultra Petroleum, which engages in the acquisition, exploration, development, operation, and production of oil and natural gas properties, have an RSI of 42.86.  

On March 12^th, 2018, Ultra Petroleum announced that its Warbonnet (WB) 9-23 A-2H well achieved a 24-hour initial production rate of 54.5 million cubic feet equivalent per day on March 03^rd, 2018. The WB 9-23 A-2H is the Company's second two-mile horizontal well targeting the Lower Lance A interval. Initial production included a gas rate of 49.2 million cubic feet per day and an oil rate of 873 barrels per day. Click here to subscribe for a free membership which welcomes you with our report on UPL at: www.wallstequities.com/registration/?symbol=UPL

WPX Energy

On Wednesday, Tulsa, Oklahoma headquartered WPX Energy Inc.'s stock rose slightly by 0.07%, finishing at $14.32. A total volume of 4.71 million shares was traded. The Company's shares have gained 6.47% in the last month, 10.58% over the previous three months, and 19.23% over the past year. The stock is trading 21.12% above its 200-day moving average. Additionally, shares of WPX Energy have an RSI of 49.52. 

On February 20^th, 2018, 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 April 30^th, 2018, to holders of record of the preferred stock on April 13^th, 2018. To get free access to your research report on WPX, sign up at: www.wallstequities.com/registration/?symbol=WPX

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.

 

View original content:http://www.prnewswire.com/news-releases/stock-review-for-independent-oil--gas-investors----sm-energy-southwestern-energy-ultra-petroleum-and-wpx-energy-300614464.html

SOURCE Wall St. Equities