Rex Energy Corporation (REXX) moved big last session, as its shares jumped over 18% on the day.
Top Ranked Momentum Stocks to Buy for January 18th
For the first time in the last 10 weeks, U.S. oil rig count has declined
Clayton Williams Energy (CWEI), has witnessed a significant price decline and negative trend in earnings estimate revisions
Denbury Resources (DNR) in the Oil and Gas - Exploration and Production - United States space is seeing solid earnings estimate revisions, and is a great company from a Zacks Industry Rank perspective.
WPX Energy Inc. (WPX) announced that it has increased its presence in the resource-rich Delaware Basin through the acquisition of assets from Panther Energy Company II, LLC and Carrier Energy Partners, LLC
Denbury Resources (DNR) in the Oil & Gas - US Exploration & Production space is seeing solid earnings estimate revision activity, and is a great company from a Zacks Industry Rank perspective.
Denbury Resources Inc. (DNR) has been on the move lately as the stock has risen by 29.3% in the past four weeks, and it is currently trading well above its 20-Day SMA
IEA added that during the first half of 2017 the oil market will likely witness a deficit of crude by roughly 600,000 barrels a day, given that all the players adhere to their accord.
Denbury Resources (DNR) is looking especially impressive right now and might be a great candidate for momentum-oriented investors in the near term
Shares of Noble Energy, Inc. (NBL) scaled a new 52-week high of $40.38 on Dec 5 and closed at $39.50.
For the first time since 2008, OPEC has reached an agreement to cut oil production. While there is still some sorting out to do abroad, some of the biggest winners following OPEC's announcement were U.S. oil producers. With this in mind, check out these five U.S. oil stocks that have gained more than 10% on Wednesday.
Denbury (DNR) has decent short-term momentum and is seeing solid activity on the earnings estimate revision front as well.
Denbury Resources Inc. (DNR) reported a breakeven in third-quarter 2016 (excluding one-time items) as against the Zacks Consensus Estimate of a loss of 3 cents per share. A significant fall in total expense supported the result.
Southwestern Energy Co. is set to release third-quarter 2016 results on Oct 20, after the market closes.
Denbury Resources Inc. (DNR) is seeing solid earnings estimate revision and is well-positioned from a Zacks Industry Rank perspective.
Midstream energy assets operator, Kinder Morgan, Inc. (KMI) is expected to report third-quarter 2016 earnings on Oct 19, after the closing bell.
Diamondback Energy, Inc. (FANG) recently raised the production guidance for 2016. It also provided the preliminary output projection for 2017.